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GAO-03-368R 1 (2002-12-20)

handle is hein.gao/gaobadxfx0001 and id is 1 raw text is: 




~GAO
       Accountability * Integrity - Reliability
United States General Accounting Office
Washington, DC 20548


         B-300373


         December 20, 2002

         The Honorable C.W. Bill Young
         Chairman
         The Honorable David R. Obey
         Ranking Minority Member
         Committee on Appropriations
         House of Representatives

         The Honorable Robert C. Byrd
         Chairman
         The Honorable Ted Stevens
         Ranldng Minority Member
         Committee on Appropriations
         United States Senate

         Subject Continuing Resolution Mandate to Identify Accounts for Which
                 Apportionments Differ From the Current Rate

         Section 134 (d)(2) of the Fiscal Year 2003 Continuing Resolution, as amended by
         Public Law 107-240, required the Comptroller General to identify executive branch
         accounts for which apportionments made from funds appropriated or authority
         granted by the joint resolution provide for a rate of operations that differs from the
         current rate.

         Current rate is defined by the continuing resolution as having the same meaning given
         to the term by Office of Management and Budget Bulletin No. 01-10, i.e., the net
         amount enacted in FY 2002 (plus supplementals and minus rescissions), plus
         unobligated balances carried forward from FY 2001 (if any), minus unobligated
         balance at the end of FY 2002 (if any). This amount is multiplied by the lower of: the
         percentage of the year covered by the continuing resolution (the prorata rate), or the
         historical seasonal rate of obligations for the period of the year covered by the
         continuing resolution (the seasonal rate). Furthermore, the continuing resolution
         directs that any unobligated balances carried over from Public Law 107-38 (except
         funds transferred by division B of Public Law 107-117) and specific nonrecurring/one-
         time spending items not be included in the current rate calculation.


GAO-03-368R

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