CONTROL OVER PROPERTY ISSUES THROUGH ALLOTMENT ACCOUNTS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79-00065A000200120019-6
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 3
• Document Creation Date: December 12, 2016
• Document Release Date: June 28, 2002
• Sequence Number: 19
• Publication Date: October 25, 1955
• Content Type: MEMO

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Approv or Reteeikitt1002/BenitZt CIPA111279-#65A00020010019-6
Comptroller
iec -:etmating toff
eontrol 'Over
(b
25 OCT 195,6
rt y keeues Through A1lotnt eccounts
(e) reratt
Procedure
- eroperey eathorleatioe ?;oetrol eroeedure
eroperty Authoriratiop Control
;(3) '..Alstemellt of otntL Principle and etandarda for Guidanee of
executive Agenciee te the Federal Go17eUeut, ?sees Lech
16 ,ha so-ealletl ravolvini; fund method outlined La Tab i of rerereace
(a) for funding the procurement of propeete for all Agency projects mold
aetivitles was reeeutly coneidered at deadquerters for application or an
Agency-wide basis and vas reje-ed for the following reason:
A. -.he serape of comtrol oethoda over properLy issues from stock vita
Woe* provided Over approprieted fends, as contemplated by Tab
would result in a loss of coatrei over the utilization of eppropele
ated funds. tinder the proposed 'settled the =obligated balances of
allotments would be decreaaed by both ectual funds obligated an
property issued from inventories; thus, the allotmeets 'would need
to be sufficiently large to absorb both types of charges, au d in
periods of reduciag stock levels the ello?ments vould huve to
exceed acteal appropriated funds avalleble. eith a sieele contoel
device in the form of allotment accounts to absorb both types at
euerges, there would be no assurunee that actual obligation* of
appropriated funds in tne Aggregate would uut exceed total annual
appropriations. buch ASSUX3405 is eeaential.
ebe operation of such a revolving fund technique vould ueeessitate
euplieate allotments in order to provide procurement funds for
invettery- replacements since alleteeete to using cOmponeaes aed
attivLies mould Laclede amounts fiecuk444,:i eeeeseery to cover eaeeriel
to be reeuisitioned frou stock. Sach duplicate allotments could
not properly be Issued since the Bedget Division has no authority
for Lasuiag allotments in exeees of the total eeeuey bedeet for ehe
period.
Approved For Release 2002/07/ 2 : CIA-RDP79-00065A000200120019-6
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Approve .or Release 2002/07/12 : CIA-RDP79-
2. 10 view of the fo
over prOpertx issuee wki
controls separate from the a
funds. This procedure has been ley
reference (b).
5A000200120019-6
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.opted a couLrol
tenance of property issue
for tvilt,rollinK appropriutea
Heudduar-bargil tumor! -
Lbw establishment with ptopert e.utDrttr of a true revolving fund
for financing Agency inventory regal la bas been considered; however,
in the absence of legislation authorising and providing capital Node
for sucks true revolving fund, the Agency has adopted the Property
Authorisation Conrol Procedure for establiehtog control over property
USW* ?
4, For your farther inforeation refer.ue (ct) sets forth on peps
25 to 31 the policy statement of the Generci ounting Office relative
to property a- counting by Federal Government agencies.
TAS/FWG/bay (25 Oct. 55)
Distribution:
Orig. & 1 Addressee
1 - Deputy Comptroller
1 - C/Budget Division
1 - TAB Subject--
1 - TAB Cbrono
k Reading File
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FROM:
SUUMMARY:
Approved Po
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lease 2002/07/12 : CIA-RDP79-0006V0200120019-6
- 25 October 1335
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FILED:
INDEXER:
REMARKS:
FORM NO. 36.1 50
MAR. 1953
IINgolwitMitallhorization Control Procedure
Comptroller
C/TAS
Control Over Property Issues through Allotment Accounts
CONMENTML
APeremlfetiblvralPREW teFikiiNglzo?kweReeo I 9-6
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