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Coast Guard : challenges for addressing budget constraints : report to congressional requesters

File Language:
English


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  • Alternative Title:
    Future budget for U.S. Coast Guard
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  • Abstract:
    Deficit reduction efforts will create substantial pressure on the Coast ; Guard’s budget. By fiscal year 2002, the Coast Guard is projected to have a ; gap of as much as a $493 million between OMB’s budget target and the ; estimated cost of maintaining services at current levels. Eliminating a gap ; of this size means that by fiscal year 2002, the Coast Guard would need to ; identify cuts in operating expenses of $363 million, or an average of about ; $90 million each year. The Coast Guard would also have to defer a ; substantial portion of its budget—at least $130 million—to replace or ; modernize its aging ships, aircraft, and facilities through fiscal year 2002, ; according to OMB’s and the Coast Guard’s estimates. ; Whether the Coast Guard can close the gap with its current budget ; strategy is highly uncertain at this point and is likely to remain so for some ; time. Coast Guard managers have acknowledged the enormity of the task ; but have not yet fully developed an approach or a specific plan for ; addressing the task. To their credit, agency managers have begun to ; strengthen planning and budgeting processes through such steps as ; developing new business and capital expenditure plans. But these changes ; will not be fully in place for a year or more, and their usefulness in ; addressing immediate needs for reductions is unclear. In the meantime, ; the Coast Guard continues to rely heavily on its past strategy, which ; focuses almost exclusively on cutting costs through greater
  • Format:
    PDF
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  • File Type:
    Filetype[PDF - 167.94 KB]
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  • Main Document Checksum:
    urn:sha256:9a166f91a98c7a74212869fd7455c6a2111c3ab0306de5bb8e7b6d6f550cc118
File Language:
English
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