Forest Service: Agency's Response to Our Recommendations on the Management of the Knutson-Vandenberg Fund
T-RCED-98-240
Published: Jul 07, 1998. Publicly Released: Jul 07, 1998.
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Highlights
Pursuant to a congressional request, GAO discussed the shortcomings in the Forest Service's administration of the Knutson-Vandenberg Trust Fund (K-V Fund), focusing on the: (1) transfers from the K-V Fund that have not been fully restored; (2) effect of unrestored transfers on planned projects; (3) lack of financial information to ensure compliance with the K-V Act requirements; and (4) lack of a standardized methodology for calculating and limiting program support costs.
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Federal interfund transactionsForest conservationForest managementFunds managementGovernment collectionsInternal controlsTimber salesTrust revolving fundsExpenditure of fundsFederal spending