https://www.gao.gov/products/135701

B-226692: Apr 29, 1988

The Department of Agriculture (USDA) requested a decision concerning whether it could: (1) include advance deposits or credits for timber removal in annual payments to states pursuant to a legislative requirement; or (2) alternatively, phase out its payment procedures. GAO held that USDA: (1) could not include deposits or credits in annual payments to states, since under the applicable federal acc...

https://www.gao.gov/products/473890

B-226692: Apr 29, 1988

Unless they are earned or offset by the corresponding removal of timber. This decision is based on both generally accepted and specifically applicable accounting principles and on analysis of 16 U.S.C. We conclude that deposits made by or credits granted to prospective purchasers of timber from national forests should not be included in annual payments to states until those deposits or credits are...