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 | |||||||||
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| Geography | Employment | Emp SE* | Mean | Mean SE* | 10th | 25th | Median | 75th | 90th |
| Seven County Mpls-St Paul, MN | 400 | 37 | $41.07/hr | $0.83/hr | $28.70/hr | $32.90/hr | $38.63/hr | $47.87/hr | $57.76/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. | |||||||||
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| Occupation (click title for details) | OES | Projections | |
|---|---|---|---|
| Employment | Median Wage | % Change 2022 - 2032 | |
| Accountants and Auditors | 18,020 | $34.10/hr | 5.3% |
| Management Analysts | 12,260 | $40.38/hr | 9.9% |
| Cost Estimators | 2,840 | $32.34/hr | 1.1% |
| Operations Research Analysts | 2,410 | $42.26/hr | 22.7% |
| Actuaries | 450 | $48.48/hr | 24.3% |
| Economists | 130 | $50.15/hr | 3.8% |
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.
