NCUA’s proposed 2019-2020 budget is now available for review and comment.
NCUA posted the proposed budget summary and detailed budget justification on the Budget and Supplementary Materials page of NCUA.gov and will publish the proposal in the Federal Register. The public comment period is open until Oct. 26.
The proposed 2019 operating budget is $304.4 million and includes a decrease of 10 positions from the authorized 2018 staffing levels.
“The NCUA remains committed to a fully transparent and accountable budget process,” NCUA Board Chairman J. Mark McWatters said.
The agency will hold a budget briefing Oct. 17 at 10 a.m. and the briefing will be livestreamed on NCUA’s website.
The board is scheduled to approve a final budget at its Nov. 15 open meeting.
For more information, visit NCUA’s website.