Showing 1 ideas for tag "eliminate use or lose budget"

Office of Personnel Management

Create a lump, discretionary fund from EOY budget cuts

True savings will come from the bottom up, however those savings will be irrelevant if Agency managers are forced to make unnecessary purchases at the end of the year on a use or lose budget.

This theory isn’t new, it’s basic economics --- No manager wants to cut their own budget just to risk penalization for being over budget the following year.

Perhaps the most economical way to manage this is to put ALL savings... more »