Financial management (41 - 50 of 267 items)
FEMA Cerro Grande Claims: Payments Properly Processed, but Reported Payments Somewhat Overstated
GAO-03-623: Published: May 8, 2003. Publicly Released: May 8, 2003.
The Cerro Grande Fire Assistance Act mandated that GAO annually audit all claim payments made to compensate the victims of the Cerro Grande Fire in northern New Mexico. For this second report on this topic, GAO determined whether the Federal Emergency Management Agency (FEMA), which is now a part of the Department of Homeland Security, (1) had revised its policies and procedures to address prior G...
Flood Insurance: Challenges Facing the National Flood Insurance Program
GAO-03-606T: Published: Apr 1, 2003. Publicly Released: Apr 1, 2003.
Floods have been, and continue to be, the most destructive natural hazard in terms of economic loss to the nation. The National Flood Insurance Program is a key component of the federal government's efforts to minimize the damage and financial impact of floods. The program identifies flood-prone areas of the country, makes flood insurance available in the nearly 20,000 communities that participate...
Major Management Challenges and Program Risks: Federal Emergency Management Agency
GAO-03-113: Published: Jan 1, 2003. Publicly Released: Jan 1, 2003.
The 2003 performance and accountability series includes the first report on the Federal Emergency Management Agency (FEMA) since the series started in 1999. GAO reported on management challenges facing FEMA this year because of the increased national significance of the agency's missions and the additional responsibilities placed on the agency. The information GAO presents in this report is intend...
JFMIP: Acquisition/Financial Systems Interface Requirements (Exposure Draft)
JFMIP-SR-01-03: Published: Nov 30, 2001. Publicly Released: Nov 30, 2001.
GAO published a functional requirements document intended to assist agencies when developing new systems and when improving or evaluating existing systems. It provides the baseline functionality that agency systems must have in order to support agency missions and comply with laws and regulations. Specifically, the document focuses on (1) micropurchases made with purchase cards, (2) information re...
Foreign Assistance: U.S. Funds to Two Micronesian Nations Had Little Impact on Economic Development
NSIAD-00-216: Published: Sep 21, 2000. Publicly Released: Sep 21, 2000.
Pursuant to a congressional request, GAO reviewed foreign assistance, focusing on the: (1) use of the Compact of Free Association funding by the Federated States of Micronesia (FSM) and the Republic of the Marshall Islands (RMI) between fiscal years 1987 and 1998; (2) progress both nations have made in advancing economic self-sufficiency; (3) role of Compact funds in supporting economic progress;...
Credit Reform: Improving Rural Development's Credit Program Cost Estimates
AIMD-00-286R: Published: Aug 22, 2000. Publicly Released: Aug 22, 2000.
Pursuant to a legislative requirement, GAO provided information on the Department of Agriculture's (USDA) Rural Development (RD) mission area's progress in improving its credit program cost estimates.GAO noted that: (1) the task force has made some progress in addressing the deficiencies related to reasonably estimating the cost of RD's credit programs; (2) progress made since GAO's last briefing...
Foreign Assistance: U.S. Funds to Two Micronesian Nations Had Little Impact on Economic Development and Accountability Over Funds Was Limited
T-NSIAD/RCED-00-227: Published: Jun 28, 2000. Publicly Released: Jun 28, 2000.
Pursuant to a congressional request, GAO discussed economic assistance provided by the United States under the Compact of Free Association, focusing on the: (1) use of the Compact funding by the Federated States of Micronesia and the Republic of the Marshall Islands; (2) progress made by both nations in advancing economic self-sufficiency; (3) role of Compact funds in supporting economic progress;...
Rural Utilities Service: Loan Origination Policies and Procedures for Generation and Transmission Loans
AIMD-00-89R: Published: Feb 10, 2000. Publicly Released: Feb 10, 2000.
Pursuant to a congressional request, GAO provided information on the Rural Utilities Service's (RUS) loan origination policies and procedures for making generation and transmission (G&T) loans, focusing on: (1) what RUS' loan origination policies and procedures are for making G&T loans and whether these policies and procedures are effectively designed to mitigate future loan losses to the governme...
Tennessee Valley Authority: Response to Questions From September 22, 1999, Hearing
AIMD-00-47R: Published: Nov 19, 1999. Publicly Released: Nov 19, 1999.
Pursuant to a congressional request, GAO provided information on the Tennessee Valley Authority (TVA).GAO noted that: (1) because of TVA's high fixed interest charges, GAO concluded that TVA lacked the financial flexibility it would need to compete in a deregulated environment; (2) interest expense on outstanding debt has been about one-third of TVA's total expenses in recent years; (3) reducing d...
Social Security: The President's Proposal
T-HEHS/AIMD-00-43: Published: Nov 9, 1999. Publicly Released: Nov 9, 1999.
Pursuant to a congressional request, GAO discussed the President's proposal for Social Security financing, focusing on: (1) the extent to which the proposal achieves sustainable solvency and how the proposal would affect the economy and the federal budget; (2) whether the proposal balances individual equity and income adequacy; and (3) how readily changes could be implemented, administered, and ex...