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EXOP - Office of Management and Budget

AUTHORIZE OFFICE BUDGET CARRYOVER TO FOLLOW ON YEARS

EVERY YEAR IT IS COMMON PRACTICE TO SPEND DOWN ALLOCATED BUDGETS IN ORDER TO RECEIVE THE SAME OR MORE FOR THE FOLLOWING YEAR. THIS CAN BE WASTEFUL BECAUSE THE PERCEPTIONS ARE THAT IF YOU DON'T USE IT, YOUR BUDGET WILL BE REDUCED THE NEXT YEAR. MOST OF THE TIME, THOSE REMAINING DOLLARS ARE SIMPLY BLOWN ON UNNECESSARY ITEMS, TRAINING AND NICE TO HAVE SUPPLIES WHICH COULD OTHERWISE FALL INTO THE WASTE, FRAUD AND ABUSE CATEGORY.... more »

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