Showing 2 ideas for tag "fiscal year"

Department of Defense

Change Fiscal Year Spending Policies

Being in the military, I have seen the way the fiscal year spending policies currently in place have affected missions, causing us to be unable to purchase items that we need in a timely manner. Yet when it comes to the end of the fiscal year, we rush out to spend money on new flat screen TV's among other things just to insure our budget for next year isnt cut.

From what I have read, MANY other departments have this... more »

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Department of Defense

End of Fiscal Year Spending

Often agencies spend money at the end of the FY so their budget won't be cut by the amount they save. Instead, as a method to cut spending, allow the agency's budget to remain at the same burn rate as previous months, but allow them to not spend as much during the last month of the fiscal year. This will, in particular, save millions in wasted flying time hours when units fly unnecessarily in order to use all their... more »

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