Financial management (11 - 20 of 35 items)
Nonprofit Hospitals: Variation in Standards and Guidance Limits Comparison of How Hospitals Meet Community Benefit Requirements
GAO-08-880: Published: Sep 12, 2008. Publicly Released: Oct 14, 2008.
Nonprofit hospitals qualify for federal tax exemption from the Internal Revenue Service (IRS) if they meet certain requirements. Since 1969, IRS has not specified that these hospitals have to provide charity care to meet these requirements, so long as they engage in activities that benefit the community. Many of these activities are intended to benefit the approximately 47 million uninsured indivi...
Rural Economic Development: Collaboration between SBA and USDA Could Be Improved
GAO-08-1123: Published: Sep 18, 2008. Publicly Released: Sep 18, 2008.
The Small Business Administration (SBA) and the Rural Development offices of the U.S. Department of Agriculture both work in rural areas to foster economic development by promoting entrepreneurship and community development. This report discusses (1) the complementary nature of some SBA and Rural Development programs and the extent to which it provides a rationale for the agencies to collaborate,...
HUD and Treasury Programs: More Information on Leverage Measures' Accuracy and Linkage to Program Goals Is Needed in Assessing Performance
GAO-08-136: Published: Jan 18, 2008. Publicly Released: Feb 19, 2008.
This is the second of two reports on the leveraging of federal funds in housing and community and economic development programs. Leveraging involves using a source of funds to attract other funds or combining multiple sources of funds. This report examines (1) the leverage measures and the transparency of the data and methods used to calculate them, and (2) the relevance of such measures in assess...
Federal Emergency Management Agency: Ongoing Challenges Facing the National Flood Insurance Program
GAO-08-118T: Published: Oct 2, 2007. Publicly Released: Oct 2, 2007.
The National Flood Insurance Program (NFIP), established in 1968, provides property owners with some insurance coverage for flood damage. The Federal Emergency Management Agency (FEMA) within the Department of Homeland Security is responsible for managing the NFIP. Given the challenges facing the NFIP and the need for legislative reform to ensure the financial stability and ongoing viability of th...
Federal Emergency Management Agency: Challenges for the National Flood Insurance Program
GAO-06-335T: Published: Jan 25, 2006. Publicly Released: Jan 25, 2006.
The National Flood Insurance Program (NFIP), established in 1968, provides property owners with some insurance coverage for flood damage. The Federal Emergency Management Agency (FEMA) within the Department of Homeland Security is responsible for managing the NFIP. The unprecedented magnitude and severity of the flood losses from hurricanes in 2005 challenged the NFIP to process a record number of...
Federal Emergency Management Agency: Crisis Counseling Grants Awarded to the State of New York after the September 11 Terrorist Attacks
GAO-05-514: Published: May 31, 2005. Publicly Released: Jun 30, 2005.
To help alleviate the psychological distress caused by the September 11, 2001, attacks the Federal Emergency Management Agency (FEMA) awarded the state of New York two grants totaling $154.9 million to provide crisis counseling and public education. Because of questions about whether the program, called Project Liberty, had spent all the funds it received from the federal government, GAO was asked...
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...
Grant Programs: Design Features Shape Flexibility, Accountability, and Performance Information
GGD-98-137: Published: Jun 22, 1998. Publicly Released: Jun 22, 1998.
Pursuant to a congressional request, GAO conducted a comparative study of block grants and similar programs that give state or local governments substantial flexibility in determining how funds are to be used, focusing on: (1) examining the design characteristics of these programs that have implications for flexibility, accountability, and programs' ability to collect information about performance...
Community Development: HUD's Decision To Restrict Philadelphia's Block Grant Funds
RCED-87-64FS: Published: Nov 21, 1986. Publicly Released: Nov 21, 1986.
In response to a congressional request, GAO provided information on the Department of Housing and Urban Development's (HUD) decision to restrict Philadelphia's Community Development Block Grant (CDBG) funds.GAO found that, between 1984 and 1986, HUD had issued several reports to and held discussions with officials of Philadelphia's Office of Housing about the weaknesses in the city's management of...
Evaluation of the Department of Energy's Economic Regulatory Administration Office in Tulsa, OK
RCED-84-192: Published: Sep 25, 1984. Publicly Released: Oct 25, 1984.
In response to a congressional request, GAO reviewed: (1) the change in the Economic Regulatory Administration (ERA) Tulsa Office's management of audit cases involving alleged oil pricing violations; (2) the ERA basis for changing its treatment of crude oil transactions between crude oil producers and affiliated crude oil resellers; and (3) the justification for employee performance awards.GAO fou...