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PAD-78-48 1 (1978-04-01)

handle is hein.gao/gaobacjgj0001 and id is 1 raw text is: 



DOCUMENT RESUME


05683 - [ B12462061

An Overview of Unobligated Balances in Civil Agencies.
PAD-78-48; B-106190. April 1978. 210 p;.

Staff study by Harry S. Havens, Directc, Ezogram Analysis Div.
Prepaz-.d in response to a request from Rep. Butler Derrick,
Chairman of the Budget Process Task force, House Committee on
the Eudqet.

Contact: Proqram Analysis Div.
Budget Function: General Government (800).
Conqressional Relevance: House Committee on Budget. Rep. Butler
    Derrick.
Authority: National Life Ir.urance Act of 1940.

         The growth in the past 5 years in unolkigated talances
of Federal and trust funds and in unliquidated obligations has
raised concern about the validity and creditility of funding
requests and about the ability of Federal agencies to carry out
planned programs in a timely manner.   Findings/Conclusicme: In
fiscal year (Ff) 1972, unobligated balances of kudget auticrity
in civil agencies totaled $165 billicm; by FY 1977, this
increased to $235 billion. During that 6-year ptriod, yearly
increases in unobligated balances were cctsistently larger thaL
were projected in the President's budget. An analysit of actual
versus estimated unobligated balances in civil agencies showed
that betwee., FYs 1972 and 1977, the agencies tended to
underestimate unobliqated balances. Cn the average, from Fis
1972 through 1977, first estimates differed frcm actual tAlance,
by 14%. First estimates for five trust fuds analyzed tended to
be mcre accurate than were those for federal fund dccounts. The
average difference between the first estimates and actual
balances was 7%. Department of Defense DCD) balances accounted
for about 12% ot total unobligated balances in E¥ 1976, and were
estimated to account for about 9% in FT 1978. COD unobligated
balances are primarily Federal funds fcr Frocurement programs,
whereas civil unobligated balances are related to purposes
ranging from backup authority for guarantee and insurance
programs to construction programs. Civil agencies also maintain
large balances in trust funds. (Authcr/H1W)

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