About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

GGD-80-39 1 (1980-04-24)

handle is hein.gao/gaobabann0001 and id is 1 raw text is: BY THE COMPTROLLER GENERAL Report To The Senate Committee On Environment And Public Works And To The Subcommittee On Public Buildings And Grounds, House Committee On Public Works And Transportation OF THE UN TED STATES RELEASED Kennedy RESTRICTED - Not to be relean vd ,tsl ... 0e 1ocer_ Accounting Office except on the basis of specific approval [by the Office of Congressional Relations. Center's Financial Problems Are Serious The Kennedy Center cannot pay the interest on or provide payment for bonds issued to the U.S. Treasury and still meet its statutory performing arts and public service responsibil- ities. Although the Center's theater attendance con- tinues at high levels, the Center --owes the Treasury over $15 million for unpaid bond interest and $20.4 million for bond principal; and --does not pay its full share of building maintenance costs, because the cost sharing arrangement with the Na- tional Park Service is outdated. Congressional committees are considering three legislative proposals involving varying costs to the Government and the Center to re- solve these problems. Only the Congress can determine the appropriate amount of Govern- ment support for the Center's programs. . AD , jq4P GGD-80-39 APRIL 24, 1980 112276

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most