Funds management (1 - 10 of 36 items)
Public Transportation: New Starts Program Challenges and Preliminary Observations on Expediting Project Development
GAO-09-763T: Published: Jun 3, 2009. Publicly Released: Jun 3, 2009.
The New Starts program is an important source of new capital investment in mass transportation. As required by the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users, the Federal Transit Administration (FTA) must prioritize transit projects for funding by evaluating, rating, and recommending projects on the basis of specific financial commitment and project justif...
U.S. Customs and Border Protection's Secure Border Initiative Fiscal Year 2009 Expenditure Plan
GAO-09-274R: Published: Apr 30, 2009. Publicly Released: Apr 30, 2009.
This letter formally transmits the summary of an oral briefing we gave in response to a mandate in the Consolidated Security, Disaster Assistance, and Continuing Appropriations Act, 2009, and subsequent agency comments. This mandate required the Department of Homeland Security (DHS) to prepare an expenditure plan that satisfied 12 specified conditions, and for the plan to be submitted to and appro...
Private Pensions: Conflicts of Interest Can Affect Defined Benefit and Defined Contribution Plans
GAO-09-503T: Published: Mar 24, 2009. Publicly Released: Mar 24, 2009.
Conflicts of interest typically exist when someone in a position of trust, such as a pension consultant, has competing professional or personal issues. Such competing interests can make it difficult for pension plan fiduciaries and others, in general, to fulfill their duties impartially and could cause them to breach their duty to act solely in the interest of plan participants and beneficiaries....
Federal Compensation Programs: Perspectives on Four Programs for Individuals Injured by Exposure to Harmful Substances
GAO-08-628T: Published: Apr 1, 2008. Publicly Released: Apr 1, 2008.
The U.S. federal government has played an ever-increasing role in providing benefits to individuals injured as a result of exposure to harmful substances. Over the years, it has established several key compensation programs, including the Black Lung Program, the Vaccine Injury Compensation Program (VICP), the Radiation Exposure Compensation Program (RECP), and the Energy Employees Occupational Ill...
Corps of Engineers: Observations on Planning and Project Management Processes for the Civil Works Program
GAO-06-529T: Published: Mar 15, 2006. Publicly Released: Mar 15, 2006.
Through the Civil Works Program, the Corps of Engineers (Corps) constructs, operates, and maintains thousands of civil works projects across the United States. The Corps uses a two-phase study process to help inform congressional decision makers about civil works projects and determine if they warrant federal investment. As part of the process for deciding to proceed with a project, the Corps anal...
Administrative Expenditures and Federal Matching Rates of Selected Support Programs
GAO-05-839R: Published: Jun 30, 2005. Publicly Released: Jul 28, 2005.
The federal government spends billions of dollars annually for programs that help low-income families and other individuals. A significant portion of these funds cover administrative costs rather than direct benefits and services. To provide information on how these administrative costs compare across programs and the federal government's role in funding these programs' administrative costs, we ex...
Survey of Workforce Investment Board Directors on the Use of Individual Training Accounts, an E-supplement to GAO-05-650
GAO-05-807SP: Published: Jun 29, 2005. Publicly Released: Jun 29, 2005.
This document presents a facsimile of GAO's Web-based survey of workforce investment board directors on the use of individual training accounts. We are providing the survey instrument used in this study so that readers may see the actual questions used to collect the survey data used in GAO's report. The results of this survey are not included in this document but are discussed in detail in our re...
Workforce Investment Act: Substantial Funds Are Used for Training, but Little Is Known Nationally about Training Outcomes
GAO-05-650: Published: Jun 29, 2005. Publicly Released: Jun 29, 2005.
The Congress passed the Workforce Investment Act (WIA) in 1998 seeking to create a system connecting employment, education, and training services to better match job seekers to labor market needs. However, questions have been raised about how WIA funds are being used and, in particular, how much is being spent on training. Contributing to the concern about the use of WIA funds is the lack of accur...
Underfunded State and Local Pensions Plans
HRD-93-9R: Published: Dec 3, 1992. Publicly Released: Jan 4, 1993.
Pursuant to a congressional request, GAO commented on the pension-funding practices of state and local governments, focusing on the extent to which state and local governments: (1) failed to make appropriate contributions to plans; (2) changed actuarial assumptions or funding methods in order to lower required contributions; and (3) used pension funds to pay operating expenses. GAO noted that: (1)...
Unemployment Insurance: Administrative Funding Likely a Growing Problem
T-HRD-89-21: Published: May 24, 1989. Publicly Released: May 24, 1989.
GAO discussed federal allocations to states for unemployment insurance program administration. GAO noted that: (1) although employer-paid federal taxes initially completely funded states' administration of unemployment insurance, budgetary and appropriation cutbacks have decreased federal funding of states' administrative costs; (2) states have increasingly used their own funds to help cover admin...