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Management Attention Needed for Future Investment Decisions

By Li, Allen

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Book Id: WPLBN0000196917
Format Type: PDF eBook
File Size: 1.7 MB
Reproduction Date: 2005

Title: Management Attention Needed for Future Investment Decisions  
Author: Li, Allen
Volume:
Language: English
Subject: Government publications, Accountability in government, United States. General Accounting Office
Collections: Government Library Collection, Government Accountability Integrity Reliability Office Collection
Historic
Publication Date:
Publisher: United States General Accounting Office (Gao)

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Li, A. (n.d.). Management Attention Needed for Future Investment Decisions. Retrieved from http://ebooklibrary.org/


Description
Government Accountability Integrity Reliability Office Collection

Excerpt
Excerpt: We appreciate the opportunity to submit this statement for the record on the Federal Aviation Administration's (FAA) budget and programs.' At just over $8.8 billion, FAA's fiscal year 1995 budget request represents a 2-percent increase over the fiscal year 1994 appropriation. This includes $2.3 billion for facilities and equipment (F&E); $4-6 billion for operations; $1.7 billion for the Airport Improvement Program (AIPJ; and $267 million for research, engineering, and development (RE&D). About $6.6 billion will be charged to the Airport and Airway Trust Fund; the remaining $2. billion will be charged to the General Fund. At these levels, expenditures would exceed trust fund receipts from user fees that are estimated at under $6 billion for fiscal year 1995. Accordingly, the fiscal year 1995 budget would continue the trend of drawing down the trust fund balance.

 

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