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Strategic Budgeting: Risk Management Principles Can Help DHS Allocate Resources to Highest Priorities

GAO-05-824T Published: Jun 29, 2005. Publicly Released: Jun 29, 2005.
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Highlights

Previous GAO work has outlined the nation's growing fiscal imbalance and called for a fundamental reexamination of the base of the federal government. The significant resources directed to the Department of Homeland Security (DHS) indicate that a robust homeland security program is viewed as critical to the protection and prosperity of Americans. This testimony addresses the need for a fundamental reexamination of the base of government, the role that performance budgeting tools can play in helping inform agency activities, and DHS's use of performance budgeting and risk management concepts. It also includes examples from GAO work on homeland security issues that highlight DHS attempts to define an acceptable and achievable level of risk.

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AccountabilityBudget functionsBudgetingCritical infrastructureRisk assessmentFiscal policiesHomeland securityInformation resources managementMaritime securityPolicy evaluationRisk managementSecurity policiesStrategic planningTransportation securityPerformance-based budgetingPolicies and procedures