United States Department of Transportation
i
Coast Guard : challenges for addressing budget constraints : report to congressional requesters
-
1997-05-01
[PDF-167.94 KB]
Details:
-
Alternative Title:Future budget for U.S. Coast Guard
-
Corporate Creators:
-
Subject/TRT Terms:
-
Publication/ Report Number:
-
Resource Type:
-
Geographical Coverage:
-
Corporate Publisher:
-
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:
-
Collection(s):
-
Main Document Checksum:
-
Download URL:
-
File Type:
