APPLICATION OF PROCEEDS OF SALES OF PERSONAL PROPERTY TOWARD THE PURCHASE OF REPLACEMENTS

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP80-01370R000300030011-4
Release Decision: 
RIPPUB
Original Classification: 
S
Document Page Count: 
1
Document Creation Date: 
December 9, 2016
Document Release Date: 
September 6, 2000
Sequence Number: 
11
Case Number: 
Publication Date: 
April 22, 1960
Content Type: 
NOTES
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PDF icon CIA-RDP80-01370R000300030011-4.pdf53.69 KB
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Approved For Release 2000/09/9 T-C4 -DP80-0137OR000300030011-4 Comptroller / P R 1960 Chief, Budget Division Application of Proceeds of Sales of Personal Property Toward the Purchase of Replacements REF : 14e, orandums to Comptroller of 9 Mar 1960, Same Subject 1. As a matter of policy it is believed that this Agency should attempt to recover all funds which can be legally recovered for subsequent Agency use in carrying out its programs. 2. The attached proposed policy which provides that recovery to the Agency appropriation will only, be made in the case of motor vehicles is based on the determination that it is impractical to match up dispositions with related replacement acquisitions of items of the same character. This conclusion is based on the find- ing that the amount of necessary additional work in order to carry out the general policy stated in paragraph 1 above would be uneco- nomical. 3. The Budget Division is not in the position to study and evaluate the practicality of carrying out the policy outlined in paragraph 1 above. On the assurance of the Technical Account Staff that it is impractical from an accounting point of view to do so, this Division has no objection to the proposed alternate policy. 25X1A9a Approved For Release 2000/09/12 : CIA-RDP80-0137OR000300030011-4