Abstract-Low power design has become one of the most significant requirements when CMOS technology entered the nanometer era. Therefore, timing budget is often performed to slow down as many components as possible so that timing slacks can be applied to reduce the power consumption while maintaining the performance of the whole design. Retiming is a procedure that involves the relocation of flip-flops (FFs) across logic gates to achieve faster clocking speed. In this paper we show that the retiming and slack budgeting problem can be formulated to a convex cost dual network flow problem. Both the theoretical analysis and experimental results show the efficiency of our approach which can not only reduce power consumption but also speedup previous work.