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NOAA's
Corporate Financial Management Division (CFMD) has
the task of providing NOAA with improved financial
management for agency-wide administrative and
financial support services. CFMD has the responsibility
for
formulating and executing NOAA’s
Corporate Finance and Administrative Services
Offices excluding
OMAO. They manage the allocation of the Policy
Formulation and Direction funding
and ensure NOAA’s centralized services
(i.e. Acquisitions and Grants, Workforce Management,
Information Technology, Financial Services,
Facilities and Chief Adminstrative Officer
responsibilities)
properly execute their budget to support all
NOAA
Line and Staff Offices.
NOAA
is continuing to build on the Activity Based Cost/Management
(ABC/M) initiative begun in FY 2002 to improve the
efficiency, management and performance of its corporates
services. Activity and unit cost data have been captured
since FY 2003, providing the basis for developing
cost trends for each business line. This data will
be utilized to develop the FY 2008 budget request.
Implementing ABC/M will provide business managers
as well as line offices with cost data that can be
measured, tracked and controlled.
Sherry Morrisette
Chief, Corporate Financial Management Division
Phone: (202) 482-5607
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