Accession Number : ADA289497

Title :   Defense Budget. Capital Asset Projects Undergo Significant Change between Approval and Execution,

Corporate Author : GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL A FFAIRS DIV

Personal Author(s) : Warren, David R. ; Hatcher, James E. ; Brumm, Harold J. ; Rotz, Edward J. ; Margallis, Joseph A.

PDF Url : ADA289497

Report Date : DEC 1994

Pagination or Media Count : 41

Abstract : The Department of Defense (DOD) is responsible for inforining the Congress about its capital asset needs in an annual Defense Business Operations Fund (DBOF) capital budget. Capital assets include such things as equipment, minor construction, and management information systems. In fiscal year 1994, the DBOF capital budget totaled $1.8 billion. Concerned about apparent discrepancies between the DBOF capital budget and actual capital asset spending, the Chairman, Subcommittee on Oversight of Government Management, Senate Committee on Governmental Mfalrs, asked us to (1) determine if DOD carries out the projects identified in the capital budget and (2) assess the effectiveness of DOD'S capital budget preparation and review process. The House and Senate Committees on Armed Services (in the Conference Report on the fiscal year 1994 National Defense Authorization Act) also required us to determine the extent that DOD carries out the DBOF capital budget.

Descriptors :   *FINANCIAL MANAGEMENT, *PLANNING PROGRAMMING BUDGETING, *MILITARY BUDGETS, CONGRESS, DEPARTMENT OF DEFENSE, COMMERCE, MANAGEMENT INFORMATION SYSTEMS, DEFENSE SYSTEMS, INVESTMENTS, PREPARATION, SENATE.

Subject Categories : Government and Political Science

Distribution Statement : APPROVED FOR PUBLIC RELEASE