Historic Background - NYC Office of Management & Budget

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	About OMB Historical Background The Office of Management and Budget (OMB), established in 1933 as the Bureau of the Budget and renamed in 1976, is responsible for assisting the Mayor in developing and implementing the City's budget, and for advising the Mayor on policy affecting the City's fiscal stability and the effectiveness of City services. OMB Timeline 1788 The Treasurer of the city prepared the budget. 1830 The Comptroller prepared the budget. 1853 A Board of Commissioners was established composed of the Mayor, the Comptroller and the Presidents of the Board of Alderman and the Board of Assistants, to pass on the appropriations of the Alms House Department and the Board of Education before such appropriations should be submitted to the Board of Supervisors. 1871 A Board of Estimate and Apportionment was established and charged with the duty of apportioning the revenue resulting from tax assessments on property valuation. 1877 The Commissioners of Accounts were required to draw up a schedule of expenditures of the Board of Education as an aid in the preparation of the budget. 1881 The Commissioners of Accounts prepared an annual statement of expenditures of all departments for use in budgeting. 1914 A separate budget and efficiency staff was set up in the Office of the Commissioners of Accounts. The Board of Estimate and Apportionment also set up three agencies to assist in the preparation of the budget - the Bureau of Standards (later the Bureau of Personnel Service), the Bureau of Contract Supervision, and the Committee on Education. All of these agencies were abolished in 1918 and the Board of Estimate and Apportionment's examiners, who were transferred to the secretary's office at that time, later became the nucleus of the Bureau of the Budget. 1924 On June 1st the position of Director of Budget was created as part of the Mayor's Office by the Board of Estimate and Apportionment. 1933 The Bureau of the Budget was established by Local Law 11 with the Director of the Budget at its head. 1974 Abraham D. Beame becomes the only Director of Management and Budget to be elected Mayor of the City of New York, serving from 1974 - 1977.