Updates on U.S. Spending Transparency Improvements

Slides:



Advertisements
Similar presentations
1 Guidance for the American Recovery and Reinvestment Act of 2009 By David G. Bullock, Partner Macias Gini & O’Connell LLP.
Advertisements

Federal Funding Accountability and Transparency Act Training Overview OMB.
Open Data Industry Perspective September 26, 2014 Data Transparency Town Hall.
The DATA Act Legislative Branch Implications. “ “The DATA Act is about to shake up federal operations.” --- Joseph Marks, NextGov, 4/28/14.
September 4, 2014 DATA Act Briefing. DATA Act Summary 2 Purpose: to establish government-wide financial data standards and increase the availability,
OFFICE OF INSPECTOR GENERAL May 17, 2010 Informational Meeting on the President’s Directive on Open Government - Federal Spending Transparency.
Datawatch Visual Data Discovery Department of Defense United States Army Detail Financial Transaction Data Visualization Impact.
OpenUA and Transparency September 5, 2012 Jean Schook, Associate Vice Chancellor for Financial Affairs.
Future of Financial Management Transparency and Intelligent DataTM
OMB Update Mark Reger, Deputy Controller Gilbert Tran, Policy Analyst March 11, 2015.
Data Transparency Town Hall September 26, 2014 Christina Ho Acting Deputy Assistant Secretary Accounting Policy U.S. Department of the Treasury Karen F.
Grants & Acquisition Data Elements An Exercise in Standardization Presentation at the DATA Act Town Hall September 2014.
Datawatch Visual Data Discovery Department of Defense United States Army Detail Financial Transaction Data Visualization Impact.
A DISCUSSION AND STRATEGY SESSION ON THE DATA ACT IMPLEMENTION Challenges from Program Offices to Big Data Analytics.
Update and Implications of the DATA Act – Beyond the Beltway JUNE 3, 2015.
Datawatch Visual Data Discovery Department of Defense United States Army Detail Financial Transaction Data Visualization Impact.
American Recovery and Reinvestment Act New Tools for Transparency and Accountability Office of the Deputy Secretary September 2009.
1 Federal Funding Accountability and Transparency Act of 2006 Highlights and Timeframes for Implementation of the Act Terry Hurst DAS, Office of Grants,
Virginia’s Long-Term Care Partnership The TICKET to Choice, Control, Independence, and Financial Security Update: VICAP fall training 10/17/08 Molly Huffstetler.
Open Data Future for Grants ANN EBBERTS, CEO AGA MIKE PECKHAM, DIRECTOR, DATA ACT PMO, HHS CHRIS ZELEZNIK, ENGAGEMENT LEAD, DATA ACT PMO, HHS.
Expenditure Management Information System GTEC October 2004 emis RDIMS
Award Monitoring Update National Science Foundation Advisory Committee for Business and Operations October 22, 2003 Mary Santonastasso, Director, Division.
Winter Leader Conference February 4, 2009 “ Building Strong “1 American Recovery and Reinvestment Act of 2009 Presentation to: American Association of.
Datawatch Visual Data Discovery Department of Defense United States Army Detail Financial Transaction Data Visualization Impact.
Data Transparency in Government From the White House To the State House NASACT Annual Conference 2015 Concurrent Session #14 August 25, 2015.
25 th Annual MIS Conference Presenters: Matthew Case, U.S. Department of Education Nancy J. Smith, DataSmith Solutions Ross Lemke, AEM Corporation The.
Improving Management of Federal Grant Dollars: Council On Financial Assistance Reform (COFAR) Priorities for FY13-15 The Council on Financial Assistance.
C-DERL is an application designed to be a Federal- wide, online repository for data standards, definitions, and context. It was authorized jointly by the.
Federal Funding Strategies Update Internal Working Document Update on Federal Funding California High-Speed Rail Authority In Partnership with: Kadesh.
1 Transparency Act Highlights and Timeframes for Implementation of the Act June 10 th, 2008.
Better Data, Better Decisions, Better Government: Digital Accountability and Transparency Act (DATA Act) Implementation Update Christina Ho, Deputy Assistant.
Common Data Element Repository (CDER) Library The CDER Library is shaped by federal and recipient community feedback; your input will ensure the tool is.
1 DATA Act Information Model Schema (DAIMS) Version 1.0 Briefing June 2016.
USDA 2016 Financial Management Training Transforming Shared Services DATA Act: OMB Policy Guidance Presented by Nicole Martinez Moore.
IT Vendor Management March, 2015 Peter Baskette Pratike Patel.
Procurement Development Programs
Information Systems & Global Services
Introduction to Program Budgeting
PFM Advisor East AFRITAC
Agenda Maturing Mortgage Challenge Maturing Mortgage Exit Loan Tool
Grants Management Update DATA / FFATA
TOIG Required Review Approach June 8, 2017
Parliament and the National Budget Process
The Role of Departments in the Implementation of the Government Agenda Concepts and Realities FMI Professional Development Day - June 7, 2016.
Overview of the GSF Financial Monitoring Tool
Implementing Accrual Method of Accounting
Product Service Code Selection Tool User Training
State Board and Agency Responsibilities in Single Area States
David Curren – NIH Richard Fenger – University of Washington
Digital Government Initiative Initiation Department of Information Technology Estevan Lujan, Acting Cabinet Secretary Susan Pentecost, Managing Director,
2018 OSEP Project Directors’ Conference
Agenda Why school level financial data?
PEMPAL – Facilitating Practical Solutions in PFM across ECA
BAI Gender Action Plan 27th April 2018 IFI - Spotlight Stephanie Comey.
Public Education Department
OpenBook Wisconsin Wisconsin Transparency Website
Introduction to the PRISM Framework
PAB Meeting on National Portal for Mid Day Meal Scheme
Proposal Processing Wake Forest University Health Sciences
Capital Improvement Plans
Product Service Code Selection Tool User Training
The Role of Private Sector in Capital Budgeting
Discretionary Grant Billing
Expenditure Management
A Fairer Scotland for Older People is the result of a Scottish Government engagement process with older people across Scotland through the involvement.
The FY 2017 Financial Report of the U.S. Government Part II
National Union Management Consultation Committee - Drug Manufacturing Inspection Transformation May 16, 2017 Regulatory Operations and Regions Branch.
Warsaw Community Schools November 2018
Executive Sponsor: Tom Church, Cabinet Secretary
NM Department of Homeland Security and Emergency Management
Presentation transcript:

Updates on U.S. Spending Transparency Improvements Amy B. Edwards Senior Advisor, Financial Transparency, Office of the Fiscal Assistant Secretary U.S. Department of the Treasury

Background of the DATA Act Increasing demand for data Barriers to using existing data Siloed systems Complex data Lack of consistency Data quality concerns First U.S. open data law: Digital Accountability and Transparency Act of 2014 (DATA Act)

Digital Accountability and Transparency Act (DATA Act) Goal Track $3.8 trillion dollars in annual spending on a quarterly basis and link data from the budget, accounting, procurement and financial assistance databases into one common format Challenge Collect, store, and display more than 400 data elements from over 100 federal agencies Other Agency Expenditures Procurements and Contracts Grants Loans and Other Assistance $3.8 Trillion in Federal Spending Better Data. Better Decisions. Better Government

DATA Act Challenges Large, Intricate Data Sets One-Size Fits All Approach Lack of data standards, multiple stakeholders managing different data sets, multiple vendor solutions Requirements and solutions must work for 100+ federal agencies Diverse Data Users Strict Mandated Timelines Short, legislatively-mandated timelines outlined in the law Federal agencies, journalist, oversight bodies, industry, state/local governments, and the public

DATA Act Information Model Schema (DAIMS) Budget Budgetary resources and status (obligations and outlays) with accounts, object class, and program activities 24 data elements Accounting USSGL budgetary balances (obligations, outlays, and payments) with accounts, object class, program activity, and award ID (as appropriate) 48 data elements Awards Award ID, dates, dollar values, award details, recipient, and sub-award information 272 data elements (procurement/sub-award) 62 data elements (grants/other fin. assistance) The DAIMS is the only authoritative data standard for reporting across multiple business functions: budget, accounting, procurement, grants, loans, insurance, and others

DATA Act Information Model Schema (DAIMS) Definition Repository Establishes a repository of definitions for more than 400 common business terms Information Sharing Enables effective sharing of spending information, improving communication and decision-making Reduces Manual Processes Reduces the amount of manual intervention in information processing, which increases productivity and can reduce costs Definition Publishing Provides a means for publishing those definitions for the benefit of information exchange partners Financial Reporting Foundation Provides a foundation for linking financial data to other data sets to improve outcomes and identify savings

DATA Act Reporting Process Flow Submitted by agencies from financial systems B C Data Standards DATA Act Broker Agency Certification Data Store D May 2017 Extracted from intermediary award data systems E F DATA Act Information Model Schema (DAIMS) Released in April 2016. Contains 400+ data elements DATA Act Broker Full Broker released in September 2016. Agency files are combined and validated. Certification Senior Accountable Officials (SAO) certify FY17 Q2 data by April 30, 2017 Data Store Once certified, agency data is transmitted to the Treasury Data Store.

Beta.USAspending.gov

The Website: Beta.Usaspending.gov On May 9th, 2017, The beta.USAspending.gov website launched with Q2 2017 data In the fall of 2017, the legacy USASpending.gov website will be decommissioned and formally replaced by the current beta site. Beta.USAspending.gov

Spending Explorer: Budget Functions

Spending Explorer: Sub-Fuctions

Spending Explorer: Federal Account

Spending Explorer: Program Activity

Spending Explorer: Object Class

Spending Explorer: Recipients

Recipient Summary

Federal Account Summary Page

DATA Analytics Strategy Treasury’s DATA Act analytics program aims to “get the data moving,” using a three-part strategy. 1 2 3 Resources for the Public Partnerships with Agencies Partnerships with States Encourage agency accountability and promote the use of data by educating agencies on data quality and assisting them with analytic tools to unlock the value of their information. Encourage state-level engagement and the use of data by partnering with states and assisting them with analytic tools to unlock the value of the data Connect the general public with consumable data by educating them on how to leverage and interpret information Strategic Goals Develop and implement a framework for DATA Act data visualizations and reporting Proactively develop analytics use cases and demos showcasing the power of DATA Act data Connect federal level spending Data with State level data to gain better understanding of the end recipients of funding Develop trainings and learning materials around the DATA Act data and make it available on a new analytics website Engage the open data community to promote the use the DATA Act data Objectives

https://beta.usaspending.gov/ For More Information: https://fedspendingtransparency.github.io https://beta.usaspending.gov/ Explain what the agencies and the public can see in USAspending. Improvements planned for the future.