Economic development (1 - 10 of 31 items)
Small Business Administration: Actions Needed to Ensure Planned Improvements Address Key Requirements of the Development Company (504) Loan Program
GAO-14-233: Published: Mar 6, 2014. Publicly Released: Apr 7, 2014.
The Small Business Administration (SBA) has established lending standards to protect against default and has measured program performance, but lacks guidance on determining the number of jobs supported by 504 program-funded projects. SBA's guidance for certified development companies (CDC)—nonprofits that provide funding to small businesses to promote local economic development in their communit...
Public Transportation: New Starts Program Is in a Period of Transition
GAO-06-819: Published: Aug 30, 2006. Publicly Released: Aug 30, 2006.
The Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU) authorized about $7.9 billion in commitment authority, through fiscal year 2009, for the Federal Transit Administration's (FTA) New Starts program, which is used to select fixed guideway transit projects, such as rail and trolley projects, and to award full funding grant agreements (FFGAs). The Ne...
Transit Grants: Need for Improved Predictability, Data, and Monitoring in Application Processing
RCED-00-260: Published: Aug 30, 2000. Publicly Released: Sep 29, 2000.
Pursuant to a congressional request, GAO reviewed the Federal Transit Administration's (FTA) administration of transit grants, focusing on: (1) the timeliness and consistency of FTA's processing of grant applications; (2) the number of applications for labor protection certifications for which the Department of Labor's (DOL) processing time extended beyond 60 days and the factors contributing to a...
Community Development: Businesses' Use of Empowerment Zone Tax Incentives
RCED-99-253: Published: Sep 30, 1999. Publicly Released: Sep 30, 1999.
Pursuant to a congressional request, GAO provided information on the extent to which businesses used: (1) Empowerment Zone and Enterprise Community program's three tax incentives; and (2) three other tax incentives that are targeted to help businesses, including those in distressed areas.GAO noted that: (1) large urban businesses and rural businesses were more likely than small urban businesses to...
Bureau of Indian Affairs: Information on Potential Budgetary Reductions for Fiscal Year 1998
RCED-97-136R: Published: Apr 25, 1997. Publicly Released: Apr 25, 1997.
GAO provided information on selected activities within the Construction account and the Operation of Indian Programs account of the Bureau of Indian Affairs (BIA), focusing on: (1) trends in the agency's carryover balances; and (2) potential reductions to its fiscal year (FY) 1998 funding requests.GAO noted that: (1) during FY 1994 and 1996, unobligated balances in the Construction account decreas...
Aboveground Oil Storage Tanks: Status of EPA's Efforts to Improve Regulation and Inspections
RCED-95-180: Published: Jul 18, 1995. Publicly Released: Aug 15, 1995.
Pursuant to a congressional request, GAO reviewed the Environmental Protection Agency's (EPA) actions to address weaknesses in the regulation and inspection of aboveground oil storage tanks (AST), and provided information on the age, size, and other characteristics of AST.GAO found that: (1) EPA has not fully implemented any of its seven recommendations to improve the safety of aboveground oil sto...
DOE Management: Funds for Maintaining Contractors' Operations Could Be Reduced and Better Controlled
RCED-94-27: Published: Oct 25, 1993. Publicly Released: Oct 25, 1993.
GAO reviewed the amount of prefinancing that the Department of Energy (DOE) obligates to its management and operating (M&O) contractors, focusing on whether: (1) current prefinancing funding levels are appropriate; and (2) prefinancing funding controls adequately ensure that funds are being used for their intended purpose.GAO found that: (1) although DOE has traditionally provided prefinancing to...
Military Aid to Egypt: Tank Coproduction Raised Costs and May Not Meet Many Program Goals
NSIAD-93-203: Published: Jul 27, 1993. Publicly Released: Aug 19, 1993.
Pursuant to a congressional request, GAO provided information on the costs and benefits of the M1A1 tank coproduction program in Egypt, focusing on the: (1) rationale for the U.S.-Egyptian coproduction agreement; (2) cost of coproduction compared to the cost of supplying complete tanks; and (3) future plans for the Egyptian tank factory.GAO found that: (1) the Defense Security Assistance Agency's...
GAO's Views on DOE's New Production Reactor Selection Process
T-RCED-89-46: Published: May 24, 1989. Publicly Released: May 24, 1989.
GAO discussed the Department of Energy's (DOE) new production reactor selection process. GAO found that: (1) DOE recommended a two-reactor strategy that will provide tritium for national defense purposes in 12.5 years, but it did not provide Congress with information concerning the total time necessary to construct and obtain tritium from the two suggested reactors or the actions required to ensur...
U.S. Flag Share of the U.S./Canada Trade on the Great Lakes
130474: Jul 22, 1986
GAO discussed the United States' share of the U.S./Canada trade on the Great Lakes. Although Canadian ships have historically carried most of the trade on the Great Lakes, in the last three decades, Canada has increased its trade and captured most of the new trade that resulted from the St. Lawrence Seaway opening. American trade has been falling because: (1) American ships are more expensive to b...