Panama Canal Commission--Certification of Revenue Estimate for Fiscal Year 1980

The Panama Canal Act of 1979 requires the Comptroller General to certify the estimated revenues to be deposited in the Panama Canal Commission's fund as estimated by the Secretary of Defense at the time the budget for such fiscal year is submitted to Congress. Since the Act does not provide any criteria for GAO to use in certifying the revenues to be deposited in the Panama Canal Fund in the Treasury, the review of fiscal year 1980 estimates consisted of testing the computations and reviewing the method of compiling the estimates and forecasts.