Receivables are based on an estimated 55 day cycle which represents the time required to prepare bills for services rendered and allow sufficient time for payments to be processed. Provides for purchase and installation of cryptographic and related equipment primarily for use by other agencies. The net increase in FY 1974 over FY 1973 of $203 results from the following: Equipment Purchase $500 Depreciation $297 Net Additional Equipment $203 Payables are based on an estimated 35 days which primarily represents the time required to process payment of bills from common carriers for communications services purchased by the fund. AUTOMATIC DATA PROCESSING FUND GENERAL STATEMENT This fund was authorized by Public Law 89-306, to coordinate and provide for the economic and efficient purchase, lease, and maintenance of automatic data processing equipment by Federal agencies. The fund finances on a reimbursable basis a Government-wide automatic data processing operation, including the procurement by lease, purchase, transfer or otherwise of ADP equipment, maintenance of equipment, procurement and/or development of software programs with Government-wide application, and operation of service centers and related functions. Funding in 1974 for GSA's internal systems development is provided in the Administrative Operations Fund and thus is not reflected in the ADP fund program. Budget program.- The estimate provides for a continued increase in revenue during 1973 and 1974. Sales are estimated to increase from $26,114 thousand in 1972 to $33,395 thousand in 1973 to $34,218 thousand in 1974. 1. Data processing.- Finances the operation of Federal data processing centers which provide ADP services on a Government-wide basis. These processing services consist of on-site data processing and time sharing where a single computer serves multiple users at various remote locations. Programer analysts and equipment operators are available for use at the Federal Data Processing Center or at a user's homesite on an as-required basis. Maintenance support for Government-owned equipment and software is also provided. This program also provides for financing joint use facilities for common central ADP services of an installation operated by two or more agencies under GSA policy guidance. Expansion of Federal Data Processing Center and other related operations are estimated to increase revenue from $20,616 thousand in 1972 to $26,177 thousand in 1973; $24,721 thousand is estimated for 1974. 2. Lease program. - This program finances the acquisition of ADP equipment and software from manufacturers for subsequent lease to Federal agencies at costs substantially below commercial annual lease prices. Purchases are made by the fund when special discounts with time limitations and other arrangements become available and agencies are unable to take advantage of these cost reduction opportunities due to budget cycle limitations. In addition to purchases, this program acquires excess Government-owned ADP equipment, where there is a known user or the equipment has high potential for reutilization, capitalizes it at fair market value and leases it to Federal agencies at a cost substantially below all other least cost alternatives available to the using agency. Revenue from lease is estimated to increase from $5,498 thousand in 1972 to $7,218 thousand in 1973 and $9,497 thousand in 1974. #4-174 O 73 pt. 4 -- 37 |