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100318 1 (1977-03-02)

handle is hein.gao/gaobadxsu0001 and id is 1 raw text is: 


DOCUMENT RESURE


00318 - [A0751178]

Budget Estimates for Fiscal Year 1978. March 2, 1977. 21 pp. +
enclosure (2 pp.).

Testimony before the Hcuse Committee on Appropriations:
Legislative Subcommittee; by Elmer B. Staats, Comptroller
General.
Issue Area: Accounting and Financial Reporting (2800).
Contact: Office of the Comptroller General.
Budget Function: General Government: Central Fiscal Operations
     (303).
Congressional Relevance: House Committee on Appropriations:
    Legislative Subcommittee.
Authority: Energy Conservation and Production Act of 1976.
    Public Horks Act of 1976. Toxic Substances Ccntrol Act.
    United States Grain Standards Act of 1976. Railroad
    Revitalization and Regulatory Reform Act of 1976. Indian
    Health Care Improvement Act. Older Americans Amendments of
    1975. Government in Sunshine Act.

         Highlights of GAOls financial requirements for fiscal
year (FT) 1978 were presented. The status of F! 1977 funding was
summarized, showing estimated total obligations at $157,128,500.
It was estimated that requirements for FT 1978 would be $167.5
million, an increase of $10.1 million over 1977. About 90% of
the increase would finance current operations and the remainder
would support an increased workload. Requests for more resources
were based on coverage of work in three categories. First,
normal audit coverage will be necded for programs established by
new legislation, such as the Energy Conservation and Production
Act of 1976, and the Public Works Act of 1976. Second, there
will be an increased wcrkload resulting from legislative
mandates for specific one-time studies. Third, needs will be
increased for GAO's basic responsibilities, under statutes, to
supply information to Congress and improve its oversight of
executive agencies. Recent GAO accomplishments were also
summarized. (HTV)

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