Bureau of Reclamation:
Information on the Federal Financial Commitment and Repayment Status of the Central Arizona Project
T-RCED-94-92: Published: Dec 10, 1993. Publicly Released: Dec 10, 1993.
Contact:
GAO discussed the Bureau of Reclamation's Central Arizona Project (CAP), focusing on the: (1) total cost for the construction of CAP; and (2) Central Arizona Water Conservation District's ability to repay allocated project costs. GAO noted that: (1) by the time CAP is completed in 1999, the CAP total construction cost is expected to total $4.7 billion and the federal share of these costs is estimated at $1.7 billion; (2) the Bureau's costs could increase to over $2.8 billion depending on how the District's repayment dispute is resolved, how future water allocations for Indian water-rights settlements are determined, and whether non-Indian farmers default on water-distribution system loans; (3) although the District will be able to repay its allocated construction cost obligation and recover its annual operation and maintenance (O&M) expenses, it will substantially reduce its financial reserve fund; and (4) uncertainties that could substantially affect the District's ability to repay its obligation include whether reimbursable construction costs are underestimated, anticipated revenues from power sales can be realized, annual fixed O&M expenses can be recovered, and water sales to non-Indian farmers are realized.
Jul 18, 2014
Management Report:
Improvements Are Needed in the Bureau of the Fiscal Service's Information Systems ControlsGAO-14-693R: Published: Jul 18, 2014. Publicly Released: Jul 18, 2014.
Jun 23, 2014
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Debt Management:
Floating Rate Notes Can Help Treasury Meet Borrowing Goals, but Additional Actions Are Needed to Help Manage RiskGAO-14-535: Published: Jun 16, 2014. Publicly Released: Jun 23, 2014. -
Debt Management:
Survey of Investors in Treasury Securities (GAO-14-562SP, June 16, 2014), an E-supplement to GAO-14-535GAO-14-562SP: Published: Jun 16, 2014. Publicly Released: Jun 23, 2014.
Jun 17, 2014
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Sequestration:
Comprehensive and Updated Cost Savings Would Better Inform DOD Decision Makers If Future Civilian Furloughs OccurGAO-14-529: Published: Jun 17, 2014. Publicly Released: Jun 17, 2014.
Jun 12, 2014
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IRS 2015 Budget:
Long-Term Strategy and Return on Investment Data Needed to Better Manage Budget Uncertainty and Set PrioritiesGAO-14-605: Published: Jun 12, 2014. Publicly Released: Jun 12, 2014.
Jun 10, 2014
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Nuclear Weapons:
Ten-Year Budget Estimates for Modernization Omit Key Efforts, and Assumptions and Limitations Are Not Fully TransparentGAO-14-373: Published: Jun 10, 2014. Publicly Released: Jun 10, 2014.
May 28, 2014
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2013 Sequestration:
Selected Federal Agencies Reduced Some Services and Investments, While Taking Short-Term Actions to Mitigate EffectsGAO-14-452: Published: May 28, 2014. Publicly Released: May 28, 2014.
Mar 27, 2014
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Manufacturing Extension Partnership:
Most Federal Spending Directly Supports Work with Manufacturers, but Distribution Could Be ImprovedGAO-14-317: Published: Mar 27, 2014. Publicly Released: Mar 27, 2014.
Mar 6, 2014
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2013 Sequestration:
Agencies Reduced Some Services and Investments, While Taking Certain Actions to Mitigate EffectsGAO-14-244: Published: Mar 6, 2014. Publicly Released: Mar 6, 2014.
Feb 20, 2014
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Plutonium Disposition Program:
DOE Needs to Analyze the Root Causes of Cost Increases and Develop Better Cost EstimatesGAO-14-231: Published: Feb 13, 2014. Publicly Released: Feb 13, 2014.
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