DOE"s No-Year Funding, U.S. GAO, March 8, 1995.
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DOE"s No-Year Funding, U.S. GAO, March 8, 1995.

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Published .
Written in English

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ContributionsUnited States. General Accounting Office.
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Open LibraryOL18123759M

Download DOE"s No-Year Funding, U.S. GAO, March 8, 1995.


The General Counsel of the Agency for Internatinal Development (AID) requested an opinion as to whether certain no-year funds appropriated in for relief assistance to drought-stricken nations of Africa may be reobligated despite the absence of deobligation-reobligation authority for fiscal year (FY) foreign assistance funds. Pursuant to a congressional request, GAO reviewed funding gaps between poor and wealthy school districts, focusing on the: (1) size of the gap in total (state and local combined) funding between poor and wealthy school districts for each state; (2) key factors that affect the size of states' funding gaps; (3) effect of states' school finance policies on the funding gap; and (4) . Projected cost overruns between the target and ceiling prices of a fixed-price-incentive contract are not de facto obligations. Potential cost overruns are contingent liabilities. Where overruns were foreseeable. In April the Air Force terminated its contract for ACMs because projected cost overruns would have exceeded available funds.   Alternative sources of funding—collections by the Department of Justice (DOJ) from sources such as fines, fees, and penalties—made up about 15 percent of DOJ's total budgetary resources in fiscal year Specifically, DOJ collected about $ billion from seven major alternative sources of funding—including the Assets Forfeiture Fund, the Crime Victims .

authority of [31 U.S.C. § (a)] is not a palliative for errors of this sort.” B, Sept. 14, , at 5–6 (footnote omitted). Page – Insert the following after the first full paragraph: In , GAO considered how this re lated to seven end-of-the-fiscal year subscription renewals. The National Labor Relations Board. GAO Published: Publicly Released: Equal Employment Opportunity: DHS Could Better Address Challenges to Ensuring EEO in Its Workforce. GAOT: Published: Publicly Released: Financial Audit: FY and FY Consolidated Financial Statements of the U.S. Government.   For a discussion on the difference between recording an obligation and creating an obligation, the GAO Red Book states the following at p. Thanks for that explanation Don. My old agency, like many others, were recording the wrong amount then for obligations.   41 U.S.C. § (formerly 41 U.S.C. l) allows you to use the funds of one fiscal year to cover 12 months of severable services beginning in that fiscal year and ending in the subsequent year. It does not allow you to use the funds of the first fiscal year to cover new obligations incurred in the subsequent fiscal year.

The U.S. Government Accountability Office (GAO) is a legislative branch government agency that provides auditing, evaluation, and investigative services for the United States Congress. It is the supreme audit institution of the federal government of the United identifies its core "mission values" as: accountability, integrity, and executive: Eugene Louis . Bureau receives appropriations for no-year funds, which are available for an indefinite period of time. In fiscal year , the Bureau's budget was $ million --of which $ million were no-year funds.* If the Bureau does not need to spend all of its. 7 For legal analysis of funding gaps, see U.S. Government Accountability Office (formerly the General Accounting Office; hereafter “GAO”), Principles of Federal Appropriations Law, 3 rd ed. of 25 U.S.C. § a does not, in GAO s opinion, constitute an obligation or expenditure for purposes of 31 U.S.C. § Accordingly, overinvested trust funds do not violate the Antidefi ciency Act unless the overinvested funds, or any attributable interest in come, are obligated or expended by the Bureau. BO.M., J Size: 23MB.