Showing 2 ideas for tag "colors of money"

Legislative Branch

Expiring money

It seems rediculous that money is tagged with a lifespan. Frequently, when a contractor is efficient and less money is used than estimated it is impossible to move the money on to another contract because it is "old", more than 2-years and thus that money is lost or used up on less important needs because it would otherwise be lost. The system was set up for old style purchasing agents. However current needs related... more »

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Legislative Branch

Reduce Appropriations Complications

Many many hours are wasted trying to figure out, and figure out ways around the complicated appropriations issues. Colors of money, expiration dates, Severable or Non-Severable tasking. Either the number of exceptions and ways around the rules need to be reduced or the reasons for having so many types of funds, allocations and other complications needs to be revisited and simplified.

At year end in particular, managers... more »

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