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Re: Whitfield post# 38167

Saturday, 06/03/2017 10:07:57 AM

Saturday, June 03, 2017 10:07:57 AM

Post# of 64329
You're wrong when it comes to EOY fallout monies! I personally partiipated in this when I was a USAF Finance Officer. Rather than turn in their remaining funding, Departments/Agencies inform their locations (in my case an airbase) that funds remain for the nice to have items, like building up a spare parts/tools/disposables inventory etc. DOE would prefer to fund energy related projects rather than turn in residual funds back to the US Department of Treasury for reallocation in the next FY. The bottom line is that funds remain to be dispersed by the holding Agencies/Departments until 1 October. End of story.