same as of this date, or as of yesterday; and thirdly, prospectively as of June 30. So I should like to ask the Army to take it up, followed by the Navy and then the Air Force, to answer that particular question, so that you may have it directly from the individual services. Mr. MAHON. I think that is well. Who will testify for the Army, General Collins or General Arnold? General COLLINS. I shall ask General Arnold to answer that question for you, Mr. Chairman. He is the Budget Officer of the Depart ment of the Army. OBLIGATIONS, 1950, DEPARTMENT OF THE ARMY General ARNOLD. The obligations as of December 31, 1949, Department of the Army, estimated were $1,916,624,610. The obligations for the month of January 1950 were $314,794,850. The total obligations through January 31, 1950, are $2,231,419,460. The projected total obligations for the fiscal year 1950, based on 7 months' actual experience are $3,825,290,502, as shown in the following statement: Comparison of funds available for obligation, fiscal year 1950, with projected obligations based on average rate for first 7 months Contingencies of the Army. Special field exercises. National War College. Inter-American Relations, Department of the Finance Service, Army. Quartermaster Service, Army. Transportation Service, Army.. Signal Service of the Army. Medical and Hospital Department, Army. Engineer Service, Army. Comparison of funds available for obligation, fiscal year 1950, with projected obligations based on average rate for first 7 months-Continued Military construction. Ordnance Service and Supplies, Army. Army training. Pay of Military Academy. Maintenance, U. S. Military Academy. National Guard. Comparison of funds available for obligation, fiscal year 1950, with projected obligations based on average rate for first 7 months-Continued 1 Factors which account for apparent surplus funds appear below in the order of their importance. 2 Excludes obligations against 1949 contract authority. * Consists of $75,000,000 to liquidate fiscal year 1949 contract authority offset by $48,363,700 new contract authority for fiscal year 1950. * Consists of $36,782,590 available from fiscal year 1949 appropriation offset by $600,000 transferred to Bureau of Reclamation. |