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![handle is hein.gao/gaobabcdo0001 and id is 1 raw text is:
~RELEASED
_- [FArnCOMPTROLLER GENERAL OF THlE UNITED STATES
~ WASHINGTON D.C. 20548
~R~S~i~tcT '0 , odI the aowral
Ac2167 by te i G;C s- oll approval
!~y he G~k&A G ~MAR 2
The Honorable Jack Brooks
Chairman, Committee on Government Operations
House of Representatives
Dear Mr. Chairman: 115800
Subject: ! udit of Reagan Presidential
Transition Expenditures (GGD-81-50)
As requested in your letter dated January 12, 1981, we have
audited the expenditure of transition funds by the incoming Reagan
administration. You asked us to report the purposes for which
the funds were used, the manner in which they were administered,
any problems encountered, and our comments on the adequacy of the
legislation under which transition operations are carried out.
You also requested that we report, to the extent feasible, on
the source and use of other funds, including contributions, and
on services provided by personnel whose salaries were paid from
funds other than those appropriated pursuant to the Presidential
Transition Act of 1963, as amended.
To provide services and facilities to the President-elect
and Vice President-elect during the transition period, a total
of $2 million in appropriated funds were made available pursuant
to the Presidential Transition Act [3 U.S.C. 102 (note)]. These
funds were made available to the incoming Reagan administration
by Public Law 9,6-369 and Public Law 96-516.
Our audit showed that through January 31, 1981, obligations
and expenditures of Transition Act funds were made in accordance
with the act. Further, we did not observe any management problems
in the use of the appropriated funds.
We did not, however, audit all transition-related expenses.
In addition to the $2 million provided the incoming administra-
tion under the Transition Act, funds were solicited during the
transition period from the public by the Presidential Transi-
tion Foundation, Inc., a private corporation, to facilitate the
orderly transfer of executive branch power to the administration
of then President-elect Reagan. The corporation's counsel denied
us access to the books, records, and accounts for these private
funds. Consequently, we are not able to report on the total
amount of funds raised or the purposes for which the funds were
used. We were advised, however, that the corporation would be
audited by a public accounting firm. We do know that funds ap-
propriated pursuant to the Transition Act were kept separate and
apart from funds provided the corporation by private donors.
There was no evidence of commingling.
(018540)
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