FISCAL AGENT, DIVISION LEVEL

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP81-00755R000100040036-1
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 1
• Document Creation Date: December 12, 2016
• Document Release Date: August 24, 2000
• Sequence Number: 36
• Publication Date: July 18, 1950
• Content Type: MF

Approved F?Q Relea
P81 -007 R000100040036-1
-Ww
18 July 1950
'MVORANDUM FOR: ADPC
THROUGH : COL.
COL.
SUBJECT : Fiscal Agent, Division Level
1. Each Division of OPC should be empowered to disburse
confidential funds up to $1,000 per request to meet daily oper-
ational needs. Bookkeeping should be simplified, possibly on a
hand receipt only basis.
2. It is true that the OEC confidential fund system has
been liberalized partially, to meet emergency needs. However,
the majority of expenditures require lengthy efforts on the part
of clerical and executive personnel to make an essentially
anachronistic fiscal system work.
3. If the OSS wartime system of disbursing confidential
funds would be inapplicable to OPC, then it is suggested that
the confidential fiscal methods of the armed services be studied
as a pattern for OPC. Finance regulations of the U. S. Army, for
example, permit the appointment of a Class B Agent to hold and
disburse confidential funds to his unit. In OPC, this would mean
that a Division Chief could appoint a fiscal administrator who
would hold cash in his office safe and disburse funds directly as
required. This would permit functional units to operate function-
ally as intended.
4. It is recommended that the confidential funds system of
OPC be simplified to permit efficient disbursal on an operational
level.
Approved For Release 2001/11 I. J8CJJWM
00755R000100040036-1