Part 1: Provides an overview of the budget process. It discusses the basic laws that regulate the budget process and the terms and concepts you need to know to understand the budget process and this Circular.

Part 2: Covers development of the President’s Budget and tells you how to prepare and submit materials required for OMB and Presidential review of agency requests and for formulation of the FY 2019 Budget, including development and submission of performance budgets for FY 2019. A significant portion of this part focuses on the preparation of the Budget Appendix and the related database. Detailed instructions for a number of requirements not directly related to the preparation and production of the budget are accessible through electronic links that are provided in section 25.

Part 3: Discusses sequestration, supplementals and amendments, deferrals and Presidential proposals to rescind or cancel funds, and investments.

Part4: Provides instructions on budget execution, including guidance on the apportionment and reapportionment process, a report on budget execution and budgetary resources (SF 133), and a checklist for fund control regulations.

Part 5: Covers Federal credit programs, including requirements related to the preparation of budget estimates and to budget execution.

Part 6: Describes requirements under GPRA Modernization Act and the Administration’s approach to performance management including a) requirements for agency strategic plans, annual performance plans and reports on a central website; b) Agency Priority Goals and Cross-Agency Priority Goals; c) reviews of agency performance; d) Federal Program Inventory; and e) elimination of unnecessary agency plans and reports.

Part 7: Contains supplementary materials.