educational exchange program."

The United States was host for the 20th meeting of the International Association of Navigation Congresses held in Baltimore, Md., in September 1961. This appropriation provided for expenses of the meeting including publication and distribution of papers and proceedings. Final costs were liquidated in 1964.

1964 1965 actual estimate

ADMINISTRATIVE PROVISIONS

Appropriations in this title shall be available for expenses of attendance by military personnel at meetings in the manner authorized by section 19(b) of the Act of July 7, 1958 (72 Stat. 336), uniforms, or allowances therefor, as authorized by the Act of September 1, 1954, as amended (5 U.S.C. 2131), and for printing, either during a recess or session of Congress, of survey reports authorized by law, and such survey reports as may be printed during a recess of Congress shall be printed, with illustrations, as documents of the next succeeding session of Congress; and during the current fiscal year the revolving fund, Corps of Engineers, shall be available for purchase (not to exceed one hundred and [sixty-seven] ninety-nine, of which one hundred and sixty-nine shall be for replacement only) and hire of passenger motor vehicles: Provided, That the total capital of said fund shall not exceed $200,000,000. (Public Works Appropriation Act, 1965.)

Veterans Administration,
Commerce:
"Federal-aid highways" (trust fund).
"Public Works Acceleration.'

12 -12

ALLOCATIONS RECEIVED FROM OTHER ACCOUNTS Note. Obligations incurred under allocations from other accounts are shown in the schedules of the parent appropriation, as follows:

United States Soldiers Home, Limitation on operation and maintenance capital outlay."

Interior:

Bureau of Indian Affairs, "Construction."

Bureau of Sport Fisheries and Wildlife, "Construction."

State:

Identification code 08-10-5090-0-2-401

(Permanent, indefinite spedial fund)

75

International Boundary and Water Commission, "Construction.".

"United States dollars advanced from foreign governments, United States

Program by activities:

10 Payment to States (costs-obligations) (object class 41.0)..

5

12

Financing:

21 Unobligated balance available, start of year. 24 Unobligated balance available, end of year..

60

PAYMENT TO STATES, FLOOD CONTROL ACT OF 1954

New obligational authority (appropriation).

Program and Financing (in thousands of dollars)

1,719

1966 estimate

-1,719
1,721

1,721

1964
1965
1966
actual estimate estimate

1. Hydraulic mining in California, debris fund.-Fees paid by mine operators in the Sacramento and San Joaquin Basins for depositing mine debris in restraining works are used for their maintenance (33 U.S.C. 683).

2. Maintenance and operation of dams and other improvements of navigable waters.-License fees are levied by the Federal Power Commission for private construction,

Construction of hospital and domiciliary facilities." operation, and maintenance of dams, conduits, and

reservoirs. Half of the fees collected are used for mainte-
nance and operation of Federal dams and other navigation
structures and for improvement of navigable waters (16
U.S.C. 810; 31 U.S.C. 725c).

Object Classification (in thousands of dollars)

154

18

172

-158

158

172

1964 actual

172
2

-7

166

134

10

3

22

173

-1

172

1965 1966 estimate estimate

154

176

22

-158

154

172

176

7

183

136

10

3

24

4

177

-1

176

154

172

-154

154

18

172

1965 1966 estimate estimate

172

172

139

11

3

16

4

173

-1

172

Program and Financing (in thousands of dollars)-Continued

Financing:

Receipts and reimbursements from:
Administrative budget accounts:
Revenue..

14

Change in unfilled customer orders. Non-Federal sources: Revenue. 21.98 Obligations in excess of availability, start of year....

24.98 Obligations in excess of availability, end

of year..

New obligational authority

71

Obligations affecting expenditures.. 72.98 Obligated balance, start of year.... 74.98 Obligated balance, end of

year.

90

Expenditures.

Included in 1966 are: $8.2 million for construction costs of the hopper dredge McFarland; $90 thousand for design costs of the shallow draft hopper dredge; and $0.7 million for rehabilitation costs of the pipeline dredges.

Financing.-Costs of operations are financed from reimbursements or advances from appropriations or individuals utilizing the services or facilities, at rates to cover all operating costs. Income in 1965 and 1966 includes a -9,000 -9,000 provision for increased costs of replacing plant and equipment. Earnings derived from depreciation and sales of wornout and obsolete equipment recover only original cost of equipment replaced, hence are inadequate to provide for present or future replacement costs. Commencing January 1, 1964, a factor to cover this inadequacy is included in charges to projects on which the equipment is used and is credited to revolving fund income. Earnings from this source in 1964 covering a 6 months' period amounted to $3.5 million and are estimated at $8 million in 1965 and $8.6 million in 1966.

10,279 -4,229

Operating results and financial condition.-The unreserved deficit at the end of 1963 was $289 thousand. Earnings during 1964 of $652 thousand increased unreserved earnings at the end of 1964 to $363 thousand. Unreserved earnings are expected to increase to about $600 thousand in 1965 and remain at that level through 1966.

1964
1965
1966
actual estimate estimate

-300,083-307,954-309,354

-3,634
-9,008

8,752 2,805
-2,805 -10,279

Relation of obligations to expenditures:

Total obligations...............

306,778 324,427

Receipts and other offsets (items 11-17)-312,725 -316,954-318,354

312,304

-5,947 7.473 -6,050 33,754 26,988 34,779 -26,988-34,779 -29,029 -300

820

-318

1 Balances of selected resources are identified on the statement of financial

condition.

The fund provides for the acquisition, operation, and maintenance of floating and land-based plant and equipment used in civil works functions; for temporary financing of services finally chargeable to civil works appropriations and for the furnishing of facilities and services for the military functions of the Department of the Army and other governmental agencies and private persons (67 Stat. 199).

Budget program-Operating costs.-Operating costs are expected to remain at about the same level in 1965 and 1966.

Capital outlay.-Land and structures includes replacement costs of buildings, facilities and related land. Dredges and other floating plant includes replacement and improvement costs for dredges and dredging equipment and other vessels such as tugs, tenders and towboats. Land-based equipment includes replacement and improvement costs of transportation equipment, construction equipment and fixed land equipment such as shop tools and fixed power driven equipment.

The 1966 land and structures program includes $0.3 million to replace the South Atlantic Division laboratory near Marietta, Ga., and $0.5 million to replace the concrete laboratory at the Waterways Experiment Station, Vicksburg, Miss.

Outlay for dredges in 1965 includes: $1.2 million to complete conversion of the dredge Goethals to direct pumpout; $0.6 million to complete modification of a surplus Navy vessel to provide sidecasting dredging capability; $3.5 million for initial construction costs of the hopper dredge McFarland; $60 thousand for design costs of a shallow draft hopper dredge; and $0.3 million for initial rehabilitation costs of pipeline dredges Wahkiakum and St. Genevieve.

Earnings reserved for equipment replacement are expected to amount to $11.5 million at end of 1965 and $20.1 million at end of 1966. Use of these earnings is shown in the following table (in thousands of dollars):

In

The initial capital of fund was provided by assumption of the assets, liabilities, and obligations of the plant accounts as carried on the records of the Corps of Engineers-Civil on June 30, 1953, and by an appropriation from the general fund of $100. Capital (Government equity) of the fund amounted to $125.9 million at June 30, 1964, and is limited to $140 million (67 Stat. 199). 1964 capital was increased by adjustments to liability for annual leave of employees, net transfer of assets from other agencies without reimbursement and by increases in retained earnings. Increases in capital are expected to continue through 1966. Since these increases are expected to raise total capital above the $140 million level, an increase in authorized capital is proposed.

Consolidated summary of personnel. The revolving fund is used to initially finance all payrolls of the Corps of Engineers-Civil.

The table which follows shows the distribution of personnel and salary costs to appropriations of the Corps of Engineers and to other accounts. Direct obligations cover services of employees working full time at project sites. Indirect obligations cover personnel charges for services provided through the revolving fund.

10,065 19,500 14,500 -2,805 -10,279 -4,229 -14,006-14,006 -14,006 -2,781 -3,340 -3,830 -3,634 -3,634 -3,634 139,015 144,209 152,449

125,854 132,450 141,250

156,387 11,142 201 12,500 750 4,760 870 96,254 20,000

13,700

700 40 317,304

9.116 -5,000

324,427 312,304