OSBM provides technical assistance and guidance to agencies in carrying out their delegated responsibilities related to budget execution. OSBM also monitors and considers requests to make budget adjustments within the framework of the State Budget Act, other relevant state and federal legislation, and rules and policies. G.S. 143C-6-1 (a)Where can I find the latest version of the OSBM manual?
OSBM expects agency officials and their staffs to adhere to the most current version of the Manual which can be found on OSBM’s website. An OSBM staff directory, summaries of recent Manual revisions, budget instructions, and other resources are also available on OSBM’s website.What is an osbosbm fund?
OSBM has traditionally considered a "Fund" to refer to a group of related programs or activities. The University of North Carolina uses the term "Purpose Code." The North Carolina Accounting System refers to it as a "Center," and the Office of State Controller uses "fund" and "center" interchangeably.How does OSBM process budget revisions?
The University system must account for each budget code using an approved methodology that is auditable at any time by OSBM, Fiscal Research, or the State Auditor. Agencies submit budget revisions to OSBM through IBIS. Agencies must use this system to process all revisions to their certified or authorized budgets.