Budgeting (21 - 30 of 58 items)
Budget Issues: Financial Reporting to Better Support Decision-making
AFMD-93-22: Published: Jun 1, 1993. Publicly Released: Jun 1, 1993.
GAO studied the Department of Veterans Affairs' (VA) use of financial audit reports and accounting data in its budgeting process.GAO found that: (1) agencies are responsible for ensuring that funds are obligated as specified by funding legislation; (2) financial audit reports can provide useful information in budget policy decisions, since agencies report costs on an accrual basis which provides e...
AFMD-92-64R: Published: May 18, 1992. Publicly Released: May 18, 1992.
GAO commented on the Office of Management and Budget's (OMB) Circular A-11. GAO noted that several of its ongoing projects could have a bearing on future budget preparation issues addressed in the circular, including projects that: (1) assess the potential value of accrual accounting or cost-based budgeting concepts in budget preparation; (2) re-examine the investment implications of federal progr...
AFMD-92-49R: Published: Feb 28, 1992. Publicly Released: Feb 28, 1992.
In response to a congressional request, GAO reviewed the Administration's proposed accrual budget treatment of deposit insurance and pension guarantees. GAO believes that: (1) the current, cash-based budget treatment of deposit insurance and pension guarantees does not disclose the true costs of those programs; (2) although the concept of reporting accruals in the budget is sound and could result...
Budget Issues: Restructuring the Federal Budget--The Capital Component
AFMD-89-52: Published: Aug 24, 1989. Publicly Released: Aug 24, 1989.
GAO proposed a conceptual framework for the capital budget component of its restructured unified budget proposal that would improve federal decisionmaking and control processes.GAO found that the current budget: (1) makes no distinction between operating expenses and capital investments, which could lead to unsound deficit reduction strategies and create a bias against capital investments; (2) doe...
Budget Issues: State Practices for Financing Capital Projects
AFMD-89-64: Published: Jul 1, 1989. Publicly Released: Jul 1, 1989.
GAO reviewed state practices for budgeting and financing capital projects, focusing on the: (1) criteria states used to define capital assets; (2) methods states used to finance capital assets; and (3) extent to which states linked borrowing maturities to the useful life of capital assets.GAO found that: (1) most of the nine states reviewed had developed strict criteria for determining what consti...
Budget Issues: Biennial Budgeting Bills in the 101st Congress
AFMD-89-79BR: Published: Jun 20, 1989. Publicly Released: Jun 20, 1989.
Pursuant to a congressional request, GAO provided information on biennial budgeting proposals in the 101st Congress.GAO found that: (1) as of April 30, 1989, the 101st Congress had introduced six biennial budgeting bills; (2) two of the bills proposed to stretch the current budget process by having Congress complete all budget-related actions over the 2-year session; (3) three of the bills propose...
The Federal Budget and the Budget Process
T-AFMD-87-8: Published: Apr 2, 1987. Publicly Released: Apr 2, 1987.
GAO discussed its views on improving the federal budget process. GAO noted that two trends coincided to place severe strain in the budget process, in that: (1) after 1980, the federal budget deficit grew from under 2 percent of gross national product (GNP) to about 6 percent of GNP; and (2) the development of split-party control over the executive and legislative branches lessened compromise betwe...
Fiscal Year 1988 Budget Estimates for the General Accounting Office
T-OCG-87-1: Published: Feb 9, 1987. Publicly Released: Feb 9, 1987.
Testimony was given on the GAO budget request of $379.5 million for fiscal year (FY) 1988 to fund 5,200 average positions, which was a $67.1 million increase on the FY 1987 requirement. Forty-seven percent of the budget increase represented mandatory pay and related costs associated with existing levels of service. GAO provided a breakdown of its requested increase in staff positions which include...
Budget Estimates for Fiscal Year 1987
129189: Feb 24, 1986
GAO discussed its fiscal year (FY) 1987 budget request for $349.6 million to fund an average of 5,200 positions and presented examples of FY 1985 savings it identified in agencies' programs and appropriations. As a result of GAO work: (1) the Internal Revenue Service increased its staff, resulting in an estimated annual increase of $3 billion in tax collection; (2) the Army cancelled procurement o...
Budget Estimates for Fiscal Year 1986
127067: May 21, 1985
Testimony was given on the GAO budget request of $339.6 million for fiscal year (FY) 1986 to fund 5,250 staff-years. Since GAO is responsible for responding to congressional needs as it makes difficult decisions on ways to trim deficits and improve effectiveness in government programs, it continually returns considerably more in savings than is appropriated to the agency. Over the past year, GAO h...