Funds management (1 - 10 of 11 items)
Federal Funds: Fiscal Years 2002-2009 Obligations, Disbursements, and Expenditures for Selected Organizations Involved in Health-Related Activities
GAO-10-533R: Published: May 28, 2010. Publicly Released: Jun 16, 2010.
This report responds to Congress' request for information on federal funds provided for fiscal years 2002 through 2009 to selected organizations involved in health-related activities and their affiliates: Advocates for Youth, the Guttmacher Institute, the International Planned Parenthood Federation, the Planned Parenthood Federation of America, the Population Council, and the Sexuality Information...
New Markets Tax Credit: Minority Entities Are Less Successful in Obtaining Awards Than Non-Minority Entities
GAO-09-795T: Published: Jun 18, 2009. Publicly Released: Jun 18, 2009.
The Community Development Financial Institutions (CDFI) Fund in the Department of the Treasury has awarded $21 billion of the $26 billion in New Markets Tax Credits (NMTC) authorized to be awarded to Community Development Entities (CDE) between 2001 and 2009. CDEs use the NMTC to make qualified investments in low-income communities. Recent congressional interest has focused on participation by min...
New Markets Tax Credit: Minority Entities Are Less Successful in Obtaining Awards Than Non-Minority Entitities
GAO-09-536: Published: Apr 30, 2009. Publicly Released: Jun 1, 2009.
The Community Development Financial Institutions (CDFI) Fund in the Department of the Treasury has awarded $19.5 billion of the $26 billion in New Markets Tax Credits (NMTC) it is authorized to award through 2009 to encourage investment in low-income communities. The NMTC allows investors to claim a tax credit in exchange for investing in Community Development Entities (CDE) that reinvest the fund...
BIA Reconciliation Recommendations
AIMD-94-138R: Published: Jun 10, 1994. Publicly Released: Jun 10, 1994.
Pursuant to a Department of the Interior request, GAO answered questions on two recommendations concerning the reconciliation of Indian trust fund accounts. GAO noted that: (1) its recommendation for an additional reconciliation procedure would ensure that earned revenues are billed and collected and would not delay the Bureau of Indian Affairs' (BIA) current reconciliation process; (2) reconcilia...
BIA Trust Fund Reconciliations
AIMD-94-110R: Published: Apr 25, 1994. Publicly Released: Apr 25, 1994.
Pursuant to a congressional request, GAO provided information on the status of the Bureau of Indian Affairs' (BIA) efforts to correct long-standing trust fund management weaknesses. GAO noted that: (1) although BIA has made progress toward improving its Indian trust fund reconciliation and certification process, long-standing management problems have impeded BIA ability to maintain proper control...
BIA's Trust Fund Loss Policy
AIMD-94-59R: Published: Jan 14, 1994. Publicly Released: Jan 14, 1994.
Pursuant to a congressional request, GAO reviewed the Bureau of Indian Affairs' (BIA) draft policy and procedures to reconcile its Indian Trust Fund account losses. GAO found that: (1) the BIA draft policy does not address some of the weaknesses of the earlier draft; (2) the draft policy's definition of losses does not include interest that is earned but not credited to the appropriate account; (3...
BIA Reconciliation Monitoring
AFMD-92-36R: Published: Jan 13, 1992. Publicly Released: Jan 13, 1992.
Pursuant to a congressional request, GAO reviewed the Bureau of Indian Affairs' (BIA) efforts to improve its detection and handling of Indian trust fund losses. GAO found that: (1) BIA is liable for investing trust funds above the insured limits of $100,000; (2) the National Credit Union Administration will not cover losses in excess of the $100,000 insurance ceiling; (3) BIA has incurred losses o...
Continuing Financial Management Problems at the Equal Employment Opportunity Commission
AFMD-82-72: Published: May 17, 1982. Publicly Released: Jun 14, 1982.
GAO was asked to review the financial operations of the Equal Employment Opportunity Commission (EEOC) with emphasis on determining the extent of deficiencies in EEOC controls over appropriated funds. GAO was requested to issue an interim report in October 1981 on the results of the review at that time.GAO found that: (1) accounting records and reports were unreliable, due to problems such as the...
Bureau of Indian Affairs Violated Antideficiency Act in 1977
FGMSD-80-88: Published: Oct 2, 1980. Publicly Released: Oct 2, 1980.
A Bureau of Indian Affairs violation of the Antideficiency Act in fiscal year 1977 was an overobligation of at least $186,000, but perhaps as much as $13 million. It was not reported to the Office of Management and Budget and to Congress as required by law, and because problems permitting the violation prevailed throughout most of fiscal 1978, the Bureau may have had another Antideficiency Act vio...
Federally Sponsored Research at Educational Institutions: A Need for Improved Accountability
PSAD-78-135: Published: Aug 18, 1978. Publicly Released: Aug 18, 1978.
In fiscal year 1977, over $3.8 billion in grants and contracts was awarded to educational institutions for the conduct of research. Over 70 federal agencies sponsor or otherwise support basic research involving over 2,000 educational institutions. The federal government generally relied on the integrity of the institutions to provide assurance that research funds are used for intended purposes. Fe...