1 Selected resources as of June 30 are as follows: Unpaid undelivered orders, 1963, $6 thousand; 1964, $114 thousand; 1965, $114 thousand; 1966, $14 thousand. 1. Construction.-Various public and private utilities advance funds to provide facilities which are not provided by the Administration under its customer service policy. These facilities are of benefit to the Government as well as to the customers and serve to promote greater efficiency on the system, reduce loads on existing facilities, and improve service to customers. Also, non-Federal groups advance funds for relocating facilities of the Administration as required for highway construction and other purposes (50 Stat. 736). Object Classification (in thousands of dollars) vestigations". 174 271 111 Personnel compensation: 11.1 99.0 Total obligations..... 589 Permanent positions 588 232 11.3 Positions other than permanent.. 11.5 Other personnel compensation. Seized property in the United States, of the governments or nationals of Germany and Japan, vested in the name of the Attorney General, is prepared for liquidation as soon as practicable (50 U.S.C. App.). At June 30, 1964 there had been transferred to the War Claims Fund $304.2 million. An additional $10 million will be transferred in 1965 and it is anticipated that $110 million will be transferred in 1966. In 1964, a total of $1.8 million in claims and settlements was paid from such property operations and it is anticipated that $1 million will be paid in 1965 and $2 million in 1966. Furthermore, it is expected that $60 million will be paid in 1966 in settlement of litigation. Interest in vested property is estimated to be $179 million at June 30, 1965, increasing $85 million from 1964 and $29 million from 1963; however, this interest will decrease to $6 million in 1966. Changes in U.S. Interest in Vested Property (in thousands of dollars) 1 Estimated values are based on best information available at or near the dates the properties were vested or acquired 2 Subject to return of cash or property, payment of debt claims, transfers to the War Claims Fund pursuant to the Trading with the Enemy Act, and the transfer of certain funds to the Treasury under Section 202(b) of the International Claims Settlement Act. Analysis of Government Equity (in thousands of dollars) 59,089 20,948 178,783 -6,515 -145,271 -8,220 1963 actual 1964 actual 1965 estimate 1966 estimate 52,574-124,323 170,563 -101 87 -87 87 -87 Assets: 87 Treasury balance.... 101,062 48,474 Total cash credits... Charges: Cash transactions: Gross expenditures. Applicable receipts.. Enemy-owned property in the Philippines is administered for the Philippine Government by the Office of Alien Property in the same manner as funds for World War II properties (Executive Order 10254). During 1964 the Philippine Vested Property Program was completed and all remaining funds under the control of the Office in the amount of $714 thousand were transferred to the Republic of the Philippines. Changes in U.S. Interest in Vested Property (in thousands of dollars) 24.98 Unobligated balance available, end of year... New obligational authority. Relation of obligations to expenditures: 10 Total obligations... 30 90 800 70 Receipts and other offsets (items 11-17). -17 71 Obligations affecting expenditures.... 13 year... Property in the United States of the governments or nationals of Bulgaria, Hungary, and Rumania, seized pursuant to Title II of the International Claims Settlement Act of 1949 (22 U.S.C. 1621), has been vested in the name of the Attorney General as has property seized from the governments and nationals of Germany and Japan. As of June 30, 1964, a total of $26.6 million had been vested and liquidated. Funds thus realized are earmarked for payment of war damages and nationalization claims assertable by United States nationals against Bulgaria, Hungary, and Rumania. A total of $24.9 million already has been covered into the Treasury. |