Applying Agreed-Upon Procedures:

Airport and Airway Trust Fund Excise Taxes

GAO-03-361R: Published: Jan 23, 2003. Publicly Released: Jan 23, 2003.

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We evaluated fiscal year 2002 activity affecting distributors to the Airport and Airway Trust Fund (AATF).

We were not engaged to perform, and did not perform, an audit, the objective of which would have been the expression of an opinion on the amount of net excise taxes distributed to the AATF. Accordingly, we do not express such an opinion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you. We completed the agreed-upon procedures on January 10, 2003.

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