DETAILED OCCUPATION DATA
13-2031 Budget Analysts
Occupational Description:
Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports. Excludes "Financial and Investment Analysts" (13-2051).| Percentiles | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Geography | Employment | Emp SE* | Mean | Mean SE* | 10th | 25th | Median | 75th | 90th |
| Minneapolis-St Paul-Bloomington MN-WI MSA | 410 | 37 | $40.93/hr | $0.82/hr | $28.68/hr | $32.87/hr | $38.52/hr | $47.67/hr | $57.49/hr |
| Minnesota | 510 | 38 | $39.51/hr | $0.67/hr | $27.53/hr | $31.78/hr | $37.15/hr | $45.82/hr | $55.13/hr |
| U S | 51,460 | 515 | $38.97/hr | $0.16/hr | $24.38/hr | $29.63/hr | $37.15/hr | $46.97/hr | $56.55/hr |
| *SE = Standard error, a measure of the statistical reliability of the estimate. | |||||||||
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Occupation (click title for details) | OES | Projections | |
|---|---|---|---|
| Employment | Median Wage | % Change - | |
| Accountants and Auditors | 18,700 | $34.02/hr | N/A |
| Management Analysts | 12,500 | $40.16/hr | N/A |
| Cost Estimators | 3,180 | $32.50/hr | N/A |
| Operations Research Analysts | 2,420 | $42.25/hr | N/A |
| Actuaries | 450 | $48.48/hr | N/A |
| Economists | 130 | $50.16/hr | N/A |
Tasks for Budget Analysts
- Analyzes accounting records to determine financial resources required to implement program and submits recommendations for budget allocations.
- Recommends approval or disapproval of requests for funds.
- Correlates appropriations for specific programs with appropriations for divisional programs and includes items for emergency funds.
- Consults with unit heads to ensure adjustments are made in accordance with program changes to facilitate long-term planning.
- Testifies regarding proposed budgets before examining and fund-granting authorities to clarify reports and gain support for estimated budget needs.
- Directs compilation of data based on statistical studies and analyses of past and current years to prepare budgets.
- Directs preparation of regular and special budget reports to interpret budget directives and to establish policies for carrying out directives.
- Advises staff on cost analysis and fiscal allocations.
- Analyzes costs in relation to services performed during previous fiscal years to prepare comparative analyses of operating programs.
- Reviews operating budgets periodically to analyze trends affecting budget needs.
