Skip to main content

[Comments on GPO's Use of Balances in Revolving Fund for Operating Expenses]

B-260606 Published: Jul 25, 1997. Publicly Released: Jul 25, 1997.
Jump To:
Skip to Highlights

Highlights

The Government Printing Office (GPO) requested an opinion concerning the use of balances credited to GPO's revolving fund. GAO held that: (1) GPO could use so-called "fiduciary" funds in its revolving fund to meet its daily operating costs to the extent it has earned those funds and has not already obligated them for another purpose; (2) advances from government customers that represent orders placed but not yet filled have been earned and are thus available to support GPO operations; and (3) advances from government customers that are in anticipation of orders to be placed in the future are not earned and are not available to GPO.

Full Report

Office of Public Affairs

Topics

Administrative costsAdvance paymentsBudget authorityBudget obligationsBudgetary reservesFunds managementIntragovernmental revolving fundsRevolving fundsAnnual leaveEarly retirement