Exhibit 53

Definition
Exhibit 53 is a report that provides budget estimates on all IT investments for individual agencies and identifies those that are major investments, which require an Exhibit 300. By completing an Exhibit 53, an agency meets the Clinger-Cohen Act of 1996 requirements to provide a full and accurate accounting of IT investments for the agency. OMB uses the Exhibit 53 to create an overall Federal IT Investment Portfolio that published annually as part of the President's Budget.