MEMO TO: DEPUTY CHIEF, SUPPLY DIVISION FROM(Sanitized)

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP93-00229R000100070006-2
Release Decision: 
RIPPUB
Original Classification: 
K
Document Page Count: 
1
Document Creation Date: 
December 14, 2016
Document Release Date: 
March 26, 2003
Sequence Number: 
6
Case Number: 
Publication Date: 
June 27, 1974
Content Type: 
MEMO
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PDF icon CIA-RDP93-00229R000100070006-2.pdf32.61 KB
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Approved For_..Rplease 2003/05/28 : CIA-RDP93-0022900100070006-2 27 June 1974 MEMO TO: Deputy Chief, Supply Division 1. Nothing new here. FPA is a mechanism designed to count assets, (property or money) control their use and provide a historical record of use. The first 16 pages are spent in evaluating how well FPA serves as a budget and funding vehicle in a highly complex budgetary atmosphere. Naturally, the ineptness of the FPA system is magnified in this form of comparison--its like how well does the electric percolator fry bacon. 2. Constructively, I trying to utilize one mechanism to do two different jobs may be the wrong approach. A Federal Agency needs dollar control; it also needs sound budgeting and funding practices. These are two subjects and can be treated much more clearly if we back off and: a. Streamline FPA Property controls. b. Establish a budget and funding control system. (I don't believe we are at the stage of being able to computerize the thinking that must go into preparation of a budget.) 3. As a thought for future reference, the term "PPA/PRA System" is used so much that it may become accepted terminology. PPA and PRA consti- tutes no "system"; they are working elements of the Financial Property Accounting (FPA) System. 25X1 Approved For Release 2003/05/28 : CIA-RDP93-00229R000100070006-2