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Bookkeeping 101Date:
From: wimbish@jlab.org (Mike
Wimbish)
The job of bookkeeping or accounting
isn't brain surgery. So why would government CPAs need over $10 billion
dollars to function?
-Mike Wimbish
GOVEXEC.COM TODAY
April 16, 2001
_________Brought to you
by GSA____________
Oversight board criticizes proposed
IRS budget
By Kellie Lunney
The Bush administration's proposed
budget for the Internal Revenue Service does not provide enough money to
modernize technology, according to the IRS Oversight Board.
In an interim report released
by the oversight board Thursday, the group recommended an 8.9 percent increase
over the administration's proposed figure of $9.4 billion for the IRS in
fiscal 2002.
"The administration's 2002 budget
does not adequately support the IRS strategic plan and provides inadequate
support for technology modernization," the report said.
The report called for an overall
IRS budget of $10.2 billion, including $450 million for information technology
investments in 2002, compared with the administration's proposed $397 million.
The IRS' Information Technology
Investment Account (ITIA) was created in 1999 to provide a consistent level
of funding to support long-term IT projects. Board members called on Congress
to allocate a total of $1 billion for the account over the next two fiscal
years, with $550 million earmarked for fiscal 2003.
"The IRS Oversight Board is concerned
that for the first time, the ITIA will have a zero balance by the end of
fiscal 2001. This is a dangerous situation that could result in projects
being inefficiently stopped and started or unnecessarily slowed down,"
said the report.
By law, the oversight board's
report goes to Congress along with the administration's budget proposal.
The nine-member board, which includes six members from the private sector,
was established by the 1998 IRS Restructuring and Reform Act. The board
oversees agency operations, recommends candidates to be IRS commissioners
and advises the President when it feels a commissioner should be fired.
The group is required to report annually to the President and Congress
on its findings and recommendations.
Full story: http://www.govexec.com/dailyfed/0401/041601m2.htm
[Atg: see No Privacy Left - to understand where some of their money
has been spent]
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