Certification of Panama Canal Commission Estimated Revenue for Fiscal Year 1986

AFMD-85-42: Published: Feb 25, 1985. Publicly Released: Feb 25, 1985.

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GAO certified the Secretary of Defense's estimate of the Panama Canal Commission's revenues to be deposited in the Panama Canal Commission Fund.

The estimated fiscal year (FY) 1986 operating revenues for the Panama Canal Commission were set at $441.5 million. Vessel tolls were estimated at $316.9 million and nontoll revenues of $124.6 million are expected. GAO believes that the underlying assumptions for these figures provide a reasonable basis for estimating the revenue to be deposited in the fund during this period.

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