Accession Number : ADA327690
Title : Defense Depot Maintenance: Challenges Facing DoD in Managing Working Capital Funds.
Corporate Author : GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL A FFAIRS DIV
PDF Url : ADA327690
Report Date : MAY 1997
Pagination or Media Count : 40
Abstract : This report discusses financial management and logistics management issues relating to the effectiveness and efficiency of the Department of Defense's (DOD) operations. Specifically, it will focus on the operations of DOD'S working capital funds, which collect and disburse over $65 billion annually, and on DOD'S management of the $13 billion depot maintenance program. It is important to note that these areas fall within defense financial management and infrastructure activities, 2 of the 24 areas we identified as high-risk areas within the federal government. These issues have significant impact on the efficiency and effectiveness of how DOD spends its operations and maintenance funds. DOD has consistently experienced losses in the operations of various working capital funds, including the depot maintenance activity group, and has had to request additional funding to support their operations. This issue has been an area of concern to this subcommittee and other congressional committees.
Descriptors : *DEPARTMENT OF DEFENSE, *FINANCIAL MANAGEMENT, *LOGISTICS MANAGEMENT, *SUPPLY DEPOTS, LOGISTICS SUPPORT, UNITED STATES GOVERNMENT, RISK, DEFENSE SYSTEMS, EFFICIENCY, MAINTENANCE MANAGEMENT, FEDERAL BUDGETS, MONEY, INFRASTRUCTURE.
Subject Categories : Administration and Management
Economics and Cost Analysis
Logistics, Military Facilities and Supplies
Distribution Statement : APPROVED FOR PUBLIC RELEASE