« PreviousContinue »
1965 1966 estimate estimate
434 0 422 9.9 $10,268
63,260 70,965 1,073 -1,149 64,333 69,816
-62,740 -70,000 (-59,940) (-67,200) (-2,400) (-2,400) (-400) (-400) -11,040 -6,860 6,860 7,044 2,587
64,333 69,816 -62,740 -70,000
1 Balances of selected resources are identified on the statement of financial
This fund, authorized by Public Law 87-847, approved October 23, 1962, finances, on a reimbursable basis, a telecommunications system for the Federal Government operationally compatible with military communications systems. The system provides local and long distance voice, teletype, data, facsimile and other communications services.
Expenses payable from the fund include personal services, procurement by lease or purchase of equipment and operating facilities (including cryptographic devices), and other costs necessary to operate the system. These expenses are reimbursed from available appropriations and funds of any agency, organization, or persons for telecommunications services and facilities made available to them.
Initial capital of $9 million was appropriated by Public Law 88-25, approved May 17, 1963. This sum may be increased by donations of supplies and equipment.
Budget program.--The estimate provides for a continued increase in volume and quality of communications services provided to executive agencies of the Government. Total sales for 1964 were $41.8 million and are estimated at $62.7 million in 1965 and $70 million in 1966.
3. Circuit procurement program.-Provides for centralized procurement of circuits while at the same time permitting each agency to maintain operational control over its own circuits, thereby obtaining benefit of multiple tariff offerings of the commercial carriers.
4. Special programs.-Provides for an effective communications security program for civil agencies in keeping with objectives of the U.S. communications security plan, and for a consolidated program of procurement and maintenance of equipment to implement such security plans. These programs insure that the Federal Telecommunications System will remain operational in the event any portion of the normal system is disabled or destroyed.
Operating results and financial condition. At the end of 1965 the net investment in the fund is estimated to be $8.4 million, composed of $9 million appropriated, less $0.6 million unfunded leave liability. Following the close of each fiscal year any surplus earnings, after making provision for prior year losses, if any, are to be deposited in miscellaneous receipts of the Treasury.
Revenue, Expense, and Retained Earnings (in thousands of dollars)
Total, acquisition of materials..
DEFENSE MATERIALS ACTIVITIES
1965 1966 estimate estimate
STRATEGIC AND CRITICAL MATERIALS
For necessary expenses in carrying out the provisions of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98-98h), during the current fiscal year, for transportation and handling, within the United States (including charges at United States ports), storage, security, and maintenance of strategic and other materials acquired for or transferred to the supplemental stockpile established pursuant to section 104(b) of the Agricultural Trade Development and Assistance Act of 1954 (7 U.S.C. 1704(b)), not to exceed [$1,500,000 $1,206,000 for carrying out the provisions of the National Industrial Reserve Act of 1948 (50 U.S.C. 451-462), relating to machine tools and industrial manufacturing equipment for which the General Services Administration is responsible, including reimbursement for security guard services, services as authorized by section 15 of the Act of August 2, 1946 (5 U.S.C. 55a), and not to exceed [$2,937,500] $3,180,000 for operating expenses, [$17,755,000 $17,525,000, to be derived from sales of strategic and critical materials: Provided, That no part of funds available shall be used for construction of warehouses or tank storage facilities: Provided further, That during the current fiscal year the General Services Administration is authorized to acquire leasehold interests in property, for periods not in excess of twenty years, for the storage, security, and maintenance of strategic, critical, and other materials and equipment held pursuant to the aforesaid Act provided said leasehold interests are at nominal cost to the Government: Provided further, That during the current fiscal year, there shall be no limitation on the value of surplus strategic and critical materials which, in accordance with section 6(a) of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98e (a)), may be transferred without reimbursement to stockpiles established in accordance with said Act: Provided further, That any receipts from sales during the current fiscal year shall be promptly deposited into the Treasury except as otherwise provided herein: Provided further, That during the current fiscal year materials in the inventory maintained under the Defense Production Act of 1950, as amended, and, after compliance with the disposal requirements of section 3 (e) of the Strategic and Critical Materials Stock Piling Act, excess materials in the national stockpile established pursuant to that Act, shall be available, without reimbursement, for transfer at fair market value to contractors as payment for expenses (including transportation and other accessorial expenses) of refining, processing, or otherwise beneficiating materials, or of rotating materials, pursuant to [section] sections 3(c) and 3(d) of the Strategic and Critical Materials Stock Piling Act L, into a form best suitable for stockpiling]. (Independent Offices Appropriation Act, 1965.)
Program and Financing (in thousands of dollars)
4 9.5 $8,788
1965 1966 estimate estimate
1 Includes capital outlay as follows: 1964, $16 thousand; 1965, $45 thousand; 1966. $32 thousand. Excludes adjustment of prior year costs of $397 thousand, 1 Selected resources as of June 30 are as follows: Unpaid undelivered orders. 1963, $2.614 thousand (1964 adjustments, -$734 thousand); 1964, $2,009 thousand; 1965, $1,506 thousand; 1966, $1.512 thousand.
3 $5.530 thousand of this amount was placed in reserve. No materials were rotated in 1964 due to a change in the cycle for rotating cordage fibers.
The Defense Materials Service acquires and administers national stockpile inventories pursuant to the Strategic and Critical Materials Stock Piling Act, and has custody of the supplemental stockpile established by the Agricultural Trade Development and Assistance Act of 1954. Programs are administered in accordance with guidelines established by the Office of Emergency Planning. Service also administers the inventory of machine tools and industrial manufacturing equipment established under the National Industrial Reserve Act of 1948. The Department of Defense makes selections for the reserve and provides program guidance.
The 1966 obligational program of $17.5 million is to provide $0.8 million for new material acquisition, and handling costs involved in upgrading stockpiled materials required to meet objectives; $12.3 million for inventory management, and disposal of material excess to stockpile
DEFENSE MATERIALS ACTIVITIES Continued General and special funds-Continued
STRATEGIC ANd Critical MATERIALS-Continued needs; $1.2 million for national industrial equipment reserve activities; and $3.2 million for operating expenses.
In arriving at requirements to meet stockpile objectives, all U.S. Government inventories of strategic materials in GSA custody are taken into account. Data below reflect in composite the extent to which current national stockpile objectives are provided for: (a) from financing under the Strategic and Critical Materials Stock Piling Act, and (b) under all U.S. Government programs involving strategic materials.
2. Inventory management.-Covers cost of maintaining materials in the national and supplemental stockpiles so that they will be available for immediate use in any emergency, including rotation, storage, special preservation, and disposal of materials no longer required for stockpile objectives. The acquisition cost of these materials as of June 30, 1964, was $7,035.5 million.
(a) Rotation of materials.-Perishable materials in the national stockpile are sold and replaced with fresh material when their usability becomes impaired for essential emergency requirements. Sisal cordage fiber is the only material to be rotated in 1966. A proposed change in appropriation language would authorize the use of excess materials in the national stockpile or the Defense Production Act inventory as payment for the replacement cost. of this fiber.
Total cost or estimate.....
1964 actual 1965 estimate 1966 estimate 911 1,750 1,900 Disposals on a commitment basis from the national stockpile in 1964 totaled approximately $127.1 million for about 167,600 short tons of materials, including rubber, tin, cadmium, magnesium, coconut oil, castor oil, and feathers and down.
As of June 30, 1964, a total of over 403,600 short tons of excess materials in the national stockpile were available for disposal under approved disposal plans. The estimates for transportation and handling expenses incurred in effecting disposals are based upon projected disposals of $183.5 million in 1965 and $200 million in 1966.
3. National industrial equipment reserve. The reserve of Government-owned machine tools and other industrial manufacturing equipment authorized by the National Industrial Reserve Act of 1948 consists entirely of items selected by the Secretary of Defense from lists of such property declared excess to the needs of the three military departments and other executive agencies.
Items in the national industrial equipment reserve are intended primarily for expansion in an emergency of defense-supporting industries such as manufacturers of ball bearings, gears, tools and dies, and machine tools. Each of the military departments also maintains a reserve of production equipment for current and mobilization requirements of direct military contractors and producers specifically designated as mobilization suppliers.
In accordance with Department of Defense estimates for total selections for the national industrial equipment