GAO’s reports and testimonies give Congress, federal agencies, and the public timely, fact-based, non-partisan information that can improve government operations and save taxpayers billions of dollars.
In fiscal year 2019, our work yielded a record $214.7 billion in financial benefits, a return of about $338 for every dollar invested in us. We also identified 1,418 other benefits that led to better services for the American people and other improvements across government.
The federal government spends billions of dollars to operate and maintain its real property assets, which include buildings, roads, and bridges. Agencies are responsible for managing these assets efficiently and cost-effectively.
We identified 6 key characteristics of effective asset management.
What GAO Found The six agencies GAO reviewed generally did not publicly report on how they ensured the accuracy and reliability of performance information used to measure progress on their highest priority performance goals, referred to as agency priority goals (APGs).