Transfer of Fiscal Year 2003 Funds from the Library of Congress to the Office of the Architect of the Capitol
B-302760: May 17, 2004
- Full Report:
The transfer of funds from the Library of Congress' "Salaries and Expenses" appropriation to the Architect of the Capitol's "Library Buildings and Grounds" appropriation for the purpose of redesigning and renovating a loading dock at the Library's Madison Building did not extend the availability of the Library's appropriation for obligation. Under the Library's transfer authority, 2 U.S.C.141(c), transferred Library funds were only available for the bona fide needs of fiscal year 2003. The Library had a bona fide need to renovate the loading dock in September 2003 when it entered into an interagency agreement with the Architect. In signing the interagency agreement, the Library incurred an obligation for $500,000. That amount should be used to liquidate the obligation in fiscal years 2004 and 2005 to cover costs incurred by the Architect in accordance with the terms of the interagency agreement.