GAO: Defense budget amiss

Inaccuracies and omissions limit the reliability of the Defense Department's fiscal 2004 IT budget, according to a recent General Accounting Office report. GAO found a $1.6 billion discrepancy between two key budget reports spanning 73 IT initiatives.

Department officials agreed or partially agreed with GAO's recommendations on ways to avoid discrepancies and provided explanations for some budget omissions. For example, the department said the Office of Management and Budget didn't require detailed Exhibit 300 Capital Investments Reports for all major initiatives. The GAO found 15 projects in the IT budget summary report that didn't have Exhibit 300s.

 

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.