1,300 TRUST FUND Program and Financing (in thousands of dollars) 1965 actual 1966 estimate 1967 estimate ing of vessels, and which are financed by sale of bonds to the general public, section 1111, Merchant Marine Act, 1936, as amended (73 Stat. 272, 273), authorizes the Secretary of Commerce to accept deposits in escrow of proceeds from the sale of such bonds, together with interest due the bondholders. Funds so deposited are to be used for (a) payments becoming due on the construction, reconstruction, or re1,300 conditioning of the vessels, (b) interest on the loan or mortgage, or (c) payments on account of principal in cases of default. Investments of the fund may be made in obligations of the United States, with any income realized paid to the borrower or mortgagor. -50 Establishment of the fund was authorized by Public Law 86-127, enacted July 31, 1959. Through September 30, 1965, $98,962 thousand had been deposited therein covering construction of 21 vessels. As of September 30, 1965, a balance of $8,418 thousand remained in the account. Object Classification (in thousands of dollars) 6,500 1. Advances from Alaska.-Pursuant to the agreement between the Federal Government and the State of Alaska, the Bureau of Public Roads performs State highway functions on the Federal-aid systems for Alaska with funds contributed by the State (23 U.S.C. 120(8), 308). 2. Advances from State cooperating agencies.-Funds are contributed by the State highway departments or local subdivisions thereof for construction and/or maintenance of roads or bridges. The work is performed under the supervision of the Bureau of Public Roads (23 U.S.C. 308). 3. Contributions for highway research program.-In association with the General Services Administration and the Department of Defense, tests of highway equipment are conducted for the purpose of establishing performance standards upon which to base specifications for use by the Government in purchasing such equipment (23 U.S.C. 6,500 307). 6,500 500 4. Cooperative work, forest highways. Contributions are received from States and counties in connection with cooperative engineering, survey, maintenance, and construction projects for forest highways (23 U.S.C. 204). 5. Equipment, supplies, etc., for cooperating countries.In connection with the construction of the Inter-American Highway, the Bureau acts as agent for the cooperating Central American Republics in purchase of equipment, supplies, and services (23 U.S.C. 212, 308). 6. Technical assistance, U.S. dollars_advanced from foreign governments.-Under the Foreign Economic Assistance Act and under agreement with the International Bank for Reconstruction and Development and the Export-Import Bank of Washington, the Bureau of Public Roads renders technical assistance and acts as agent for the purchase of equipment and materials for carrying out highway programs in foreign countries. Dur6.500 ing the current year, these services are being rendered for Costa Rica, Ethiopia, Iran, Nicaragua, and the Philippines (64 Stat. 204–209). 7,760 -4,885 Object Classification (in thousands of dollars) 4,000 2,000 6,500 70 Receipts and other offsets (items 11-17). -30 Obligations affecting expenditures.. Obligated balance, start of year.. 6,188 13,127 1,792 3,926 74 Obligated balance, end of year. -3,926 -7,760 Identification code 30 7 4. Cooperative work, forest highways... 5. Equipment, supplies, etc., for cooperating countries.. 440 224240 06-75-9998-0-7-999 424 25 11.3 Positions other than permanent.... 3 563 Other personnel compensation... 6. Technical assistance, U.S. dollars 12.0 Personnel benefits... 134 advanced from foreign govern 21.0 ments.... Travel and transportation of persons.. 22.0 Transportation of things... 1 Selected resources as of June 30 are as follows: Unpaid undelivered orders. 1964, $1,600 thousand; 1965, $3,774 thousand; 1966, $3,774 thousand; 1967, $3,774 thousand. Services of other agencies. 26.0 Supplies and materials.. 23.0 Rent, communications, and utilities. 25.2 This trust fund was established to account for gifts and bequests in furtherance of programs and activities of the Department of Commerce (78 Stat. 991). Contributions from private sources have been applied to the cost of participating in the New York World's Fair (75 Stat. 527); programs of the National Bureau of Standards (15 U.S.C. 27a); and construction of a chapel at the Merchant Marine Academy, King's Point, N. Y. (68 Stat. 1050 and 62 Stat. 172); and for expenses and maintenance of sailing craft in custody of the U.S. Merchant Marine Academy. Average number of all employees. 40 66 66 Average GS grade..... Average GS salary.. ALLOCATIONS RECEIVED FROM OTHER ACCOUNTS Note. Obligations incurred under allocations from other accounts are included n the schedules of the parent appropriations as follows: Interior: National Park Service, "Advance from District of Columbia" (trust fund). GIFTS AND BEQUESTS, DEPARTMENT OF COMMERCE Program and Financing (in thousands of dollars) 71 Total obligations (affecting expenditures).. 72 Obligated balance, start of year.. 74 Obligated balance, end of year.. 5.170 Included in this trust fund are gifts and bequests limited to specific use by the donor, such as the Evangeline G. Bovard Award, Cormack Medal Fund, Fairbanks Medal Fund, Raymond Franklin Metcalfe Memorial Fund, ETO Quartermaster Foundation, Inc. Fund, Henry C. McLean Bequest and President Kennedy's Grave Site. In addition, it accounts for gifts and bequests not limited to specific use by the donor which may be used for purposes determined as appropriate by the Secretary of the Army (5 U.S.C. 150 q t). Object Classification (in thousands of dollars) 1--3. Gift funds.-Activities 1, 2, and 3 consist of contributions from individuals subject to ens specified by the donor, for the benefit of the Na emy, the Naval Academy Museum, and other stude of the Navy (10 U.S.C. 2601, 6973-4). 4. Ships stores profits, Nary-Profits earned in the operation of ships' stores are expended at the Cimet of the Secretary of the Navy for the amusement en contentment, and welfare of officers and enliste, nes on ships or outside the United States (10 US. 31 U.S.C. 725s (68)). 5. Office of Naval Records and History fund — The represents gifts of money for the benefit of the Naval Records and Library, Navy Department all royalties received from sale of histories of US ma operations (10 U.S.C. 7222). This trust fund also accounts for $1.550 reLLINIS the U.S.S. Arizona memorial fund which was Iha! 1965 and is expected to remain inactive in 1965 STAL Object Classification (in thousands of dollars Identifiestion code 07 60 9999 0 7 051 Identifestion code 07-60-9999-0-7-051 5.900 1963 Retual 5.129 5.170 |