Lapas attēli
PDF
ePub

deposit or trust funds, which verification could readily be accomplished if concurrent audits of accounts of all such agencies of the Government were made in the Canal Zone, preferably on a fiscal-year basis."

(152) With respect to Canal Zone funds it is to be noted that accounts, records, and other data relative thereto have been made available to committees for verification and audit, but no accounting for such funds is rendered to the General Accounting Office. These funds, consisting of postal money order and savings funds, and clubhouse funds derived from operations of restraurants, motionpicture theaters, cigar and newsstands, bowling alleys, swimming pools, etc., are received and disbursed by the collector, who

accounts therefor to the Comptroller, the Panama Canal. While it appears that these funds are quasi-public or trust funds of the classes comprehended by the provisions of section 19 and/or 20 of the Permanent Appropriation Repeal Act, 1934 (48 Stat. 1232–1233), and properly subject for accounting to the General Accounting Office, it is believed that the verification thereof by General Accounting Office committees, while on the Isthmus, is sufficient in scope and detail to meet the audit requirements of the General Accounting Office, and that no further accounting to said office for such funds need be furnished by the Canal Zone Government.

(153) Insofar as the Panama Railroad Company is concerned the Acting Comptroller General in his annual report for the fiscal year 1937 held that in view of Executive Order No. 2135, dated February 4, 1915, there is no present legal authority for requiring the railroad company to render an accounting to the General Accounting Office. The accounts of the Panama Railroad Company are approved and audited by the Comptroller, the Panama Canal, and subjected annually under contractual arrangement to an additional restricted examination by a firm of public accountants. On the basis of actual costs as reflected in the records it is believed that the annual audits of the accounts of the Panama Railroad Company and its business auxiliaries could be made by enlarged General Accounting Office committees concurrently with the verification of the accounts of the other agencies on the Isthmus at no greater, and in all probability, at much less cost to the Government than under the present arrangements with the firm of public accountants, and with the additional advantages which, obviously, would accrue from complete and simultaneous audits of all activities on the Zone.

The committee is of the opinion that the recommendations of the General Accounting Office Committee to the Comptroller General have merit and respectfully suggests that the proper legislative committee of the House of Representatives give the matter early attention.

The committee notes with approval that in accordance with the favorable financial showing of the Hotel Tivoli, mentioned in last year's hearing, the Panama Canal has renegotiated the rental agreement with the Panama Railroad Company and is now receiving & rental of $36,000 per annum as .contrasted with the nominal rental of only $12 per annum received during the period of years when the hotel was operating at a deficit. Operations for the 8 months ending February 29, 1944, produced a net revenue of $100,422.67, or an average monthly profit of approximately $12,500.

WAR DEPARTMENT CIVIL FUNCTIONS APPROPRIATION BILL, 1946

Comparative statement of the amounts appropriated for the fiscal year 1945, the Budget estimates for the fiscal year 1946, and

the amounts recommended in the accompanying bill for 1946

H. Repts., 79-1, vol. 1----34

Quartermaster Corps:

Cemeterial expenses.

$1, 224, 000

$1, 666, 000

$1, 658, 700

+$434, 700

-$7, 300

Signal Corps:

Alaska communication system..

227, 840

227, 840

227, 840

Corps of Engineers:

Rivers and harbors:

Maintenance and improvement..

1 54, 124, 000

41, 358, 000

41, 358, 000

- 12, 766, 000

[blocks in formation]

Appropriations, 1945

Estimates, 1946

Amount recommended

in the bill for 1946

Increase (+) or decrease (-), bill compared with 1945

appropriations

Increase (+) or
decrease (-), bill
compared with 1946
Budget estimates

water mains..

12, 000

12, 000

12, 000

Total, Corps of Engineers.

90, 666, 100

87, 957, 000

87, 957, 000

-2, 709, 100 WAR DEPARTMENT CIVIL FUNCTIONS APPROPRIATION BILL, 1946—Continued

Comparative statement of the amounts appropriated for the fiscal year 1945, the Budget estimates for the fiscal year 1946, and

the amounts recommended in the accompanying bill for 1946Continued

Appropriations, 1945

Estimates, 1946

Amormt recommended

in the bill for 1946

Increase (+) or decrease (-), bill compared with 1945

appropriations

Increase a decrease ), billi compared with 1946 Budget estimate

[blocks in formation]

· $2,780,000 in First Supplemental Appropriation Act, 1945. 2 $7,230,000 in First Supplemental Appropriation Act, 1945. : $10,400 in First Supplemental Appropriation Act, 1945. • $10,020,400 in supplemental acts.

[blocks in formation]

Corps of Engineers:

Funds contributed for river and harbor improvements..
Payment to States, Flood Control Act, June 28, 1938, as amended.

[blocks in formation]

Total, permanent appropriations.

765, 752

725, 752

- 40,000

Canal Zone:

Postal funds..

1 Revised.

[ocr errors]
« iepriekšējāTurpināt »