Revamping the Government Agencies Budget Process
Millions of dollars wasted because excess funds allocated not rolled over into the next fiscal year projections. Government Departments at the fiscal year end goes into a spending rampage to rid expenditures funds not utilized. Revamp the national budget system and independent audit of government accounts to rid this poor and wasteful habit. Rid this practice of penalizing Agencies for having excess funds left over and ...more »
Millions of dollars wasted because excess funds allocated not rolled over into the next fiscal year projections. Government Departments at the fiscal year end goes into a spending rampage to rid expenditures funds not utilized. Revamp the national budget system and independent audit of government accounts to rid this poor and wasteful habit. Rid this practice of penalizing Agencies for having excess funds left over and roll those dollars over into the upcoming fiscal year allocation, reward those agencies with excess funds by allowing them keep their current budget level and for saving the government millions of dollars. Establish a rigorous budget oversight of quarterly independent audit of the government’s financial transactions "to determine the efficiency which financial affairs of federal agencies are managed.
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