Corporation for National and Community Service: Amount of Obligations, B-300480.2, June 6, 2003
B-300480.2: Jun 6, 2003
That we review the conclusion of the Office of Management and Budget (OMB) that the Corporation for National and Community Service (Corporation) may continue to record obligations based on the Corporation's estimates of "the amount of funds [it] will actually have to pay for the [national service educational] awards that are earned and used" rather than recording its maximum potential liability. OMB's position is. We continue to disagree with OMB's legal conclusion that the Corporation may record its obligations for education benefits on the basis of estimates of what it will have to pay when education awards are earned. Since the amount of the government's obligation is under the control of the grantees and those they enroll.