FINANCIAL PROGRAM STATUS REPORT, NUMBER 1, FY 1974

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP78-05077A000100020004-7
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: November 11, 2016
• Document Release Date: June 1, 1999
• Sequence Number: 4
• Publication Date: November 29, 1973
• Content Type: MEMO

Approved For Release 1999/09/20 0 ?c~DP78-0507Z4000100020004-7
29 November 1973
MEMORANDUM FOR: Director of Medical Services
SUBJECT Financial Program Status Report, Number 1,
FY 1974
1. Attached is a Financial Program Status Report for the
period 1 July 1973 through 31 October 1973. This report pro-
vides summarized and individual component reports of total
authorizations and obligations for the period covered.
2. A straight line projection of the rate of obligation
for the four month period is normally 33.3%. However, real-
izing that some of our budgeted programs would not begin to
incur expenditures until later in the fiscal year, certain ad-
justments to our rate of obligations were made in September.
These adjustments reduced our normal rate for this period to
31.8% and therefore prevented a rather gross deviation in that
our actual deviation is 1.7% rather than 3.2%.
3. In an effort to maintain our position and in light of
requests made for additional funds, it will be necessary for
the office to increase the rate of obligations during the next
reporting periods and certain steps have already been taken to
do this:
a. Renovation of OMS File Room and conversion of
files $20,000
b. Letting contract
$30,000
c. Additionally, the recent EOD of professional and
clerical personnel will more than offset known
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 Approved For Releyae 1999/09/20 : CIA-RDP78-05072AO00100020004-7
SECRET
losses and I would expect a gradual increase
in funds expended for salaries and benefits.
d. It will be necessary, as you will note from the
attached report, to increase the level of activi-
ty particularly in Travel and Other Services to
bring them in line with the other object Classes.
I feel that Rents and Supplies and Equipment will
adjust as we go along and are not of a particu-
lar concern at this time.
4. In summary, I believe we are in a moderately good
position at this time in the year. From this point on we
must monitor our financial status monthly, I plan to do this,
and guard against further drop-off in travel and other services.
5. I am prepared to discuss this with you at your con-
venience.
Budget & Fiscal officer
Office of medical Services 25X1A
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