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AIMD-97-68R 1 (1997-03-31)

handle is hein.gao/gaobaclkh0001 and id is 1 raw text is: GA O United States General Accounting Office Washington, D.C. 20548 Accounting and Information Management Division B-275916 March 31, 1997 The Honorable Alfonse M. D'Amato Chairman The Honorable Paul S. Sarbanes Ranking Minority Member Committee on Banking, Housing, and Urban Affairs United States Senate The Honorable James A. Leach Chairman The Honorable Henry B. Gonzalez Ranking Minority Member Conunittee on Banking and Financial Services House of Representatives Subject: American Battle Monuments Commission: World War II Memorial Fund Audit for Fiscal Years 1995 and 1996 As required by Public Law 102-414, the World War H 50th Anniversary Commemorative Coins Act, we audited the revenues and expenditures of the American Battle Monuments Commission's World War II memorial fund for the fiscal years ended September 30, 1995, and 1996. Public Law 103-32, the World War II Memorial Authorization Act (Memorial Act), authorized the Commission to construct a memorial on federal land in the District of Columbia to honor members of the Armed Forces who served in World War II and to commemorate United States participation in that conflict. For the fiscal year ended September 30, 1995, we determined that the fund had revenues of $0.3 million and expenditures of $0.5 million. For the fiscal year ended September 30, 1996, we determined that the fund had revenues of $5.4 million and expenditures of $1.0 million. Table 1 shows total revenues and expenditures for the fund from its inception in fiscal year 1993 through fiscal year 1996. GAO/AIMD-97-68R WWII Memorial Fund Audit /§& 04?

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