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Estimate to complete
Deduct
income Funds
1962, required
1963, to com-
1964

plete

Obligations
1962 1963
actual estimate

Costs

1964 estimate

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Total To June 30,

estimate 1961 (net)
Financed from appropriations and nonpower proceeds:
1. Navigation, flood control, and power program:

Multipurpose dam: Melton Hill dam and reservoir...----- 17,600 5,286
Navigation facilities:
New locks:
Hales Bar Dam..

22,000
Guntersville Dam..

16,500 21 Wheeler Dam..

16,500 3,704 Wilson Dam...

38,225 37,716
Rehabilitation of original lock at Wheeler Dam..

6,799
Additions and improvements at existing navigation facilities.
Flood control facilities....
Additions and improvements at existing multiple-use facilities.-

Investigations for future facilities.
2. Fertilizer, agricultural, and munitions program: Chemical facilities.
3. Cooperative valley development program:
Beech River multipurpose water control system.

6,000
Investigations for future facilities..
4. General service activities: General facilities.

Total financed from appropriations and nonpower proceeds...

727

60 7,968

230 5,714

169

10 679

73 2,602

2,640
4,621

355
358
834

32
1,357

229 8,894

182 1,050 1,640

261 6,895

60 7,916 1,195 5,917

169

10 753

80 2,574

2,440 5,215 1,190

408 834

32 1,373

229 8,435

182 1,050 1,640

261 8,395

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Financing:---Amounts estimated to become available in

APPLICATION OF APPROPRIATIONS-Continued 1964 would be derived from (1) the requested appropria

[In thousands of dollars] tion of $44,284 thousand; (2) nonpower revenues and

1962 actual 1963 estimate 1964 estimate receipts of $27,570 thousand; and (3) power revenues and Capital outlay—Continued receipts of $290,511 thousand. In addition, the budget

4. General service activities: General
facilities..

741 1,154 program anticipates financing from borrowings of $15

3,167 million from the U.S. Treasury and by sale of $50 million Total capital outlay

26,857 24,260 30,535 of revenue bonds backed by future power revenues. A summary of the application of appropriations follows:

Total appropriation

38,203 35,071 44,284

Unobligated balance brought forward.. 427 1,556
APPLICATION OF APPROPRIATIONS

Unobligated balance carried forward (-). -1,556
(In thousands of dollars)

Obligations against appropriated
funds.

37,074 36,627
1962 actual 1963 estimate 1964 estimate

44,284 Operations: 1. Navigation, flood control, and power program:

Operating results and financial condition.-Retained Navigation operations...

4,056 2,166 2,243 earnings from power operations at the end of 1964 are estiFlood control operations.

1,937 2,162 2,212 mated at $637,148 thousand. Net income from power Topographic mapping -

143
97

100 2. Fertilizer, agricultural, and munitions

operations in 1964 is estimated at $58,345 thousand. The program.. 3,654 4,137 6,299

accumulated net expense of nonpower programs at the end 3. Cooperative valley development pro

of 1964 is estimated at $282,629 thousand, of which gram..

1,551 2,240 2,865 $19,376 thousand is from 1964 operations. Only the 4. General service activities.

30

power program is intended to be self-supporting; the net Total operations... 11,346 10,811 13,749 expense of nonpower programs is covered largely by ap

propriations from the Treasury. Payments to the TreasCapital outlay:

ury in 1964 are estimated at $48.2 million-$38.2 million 1. Navigation, flood control, and power

as a dividend (return on the appropriation investment in program: Multipurpose dam: Melton Hill

the power program) and $10 million as a reduction in the Dam and Reservoir.

8,315 1,855 2,160 appropriation investment in the power program. Navigation facilities:

Total assets are estimated at $2,591,805 thousand at the New lock at Hales Bar Dam....

3,050 New lock at Guntersville Dam..

end of 1964 as compared with an estimate of $2,488,483 60 2,640 8,700 New lock at Wheeler Dam..-- 7,968 4,621

267

thousand at the end of 1963-an increase of $103,322 New lock at Wilson Dam...

355

thousand during 1964. The increase is mainly in fixed Rehabilitation of original lock at

assets, reflecting expenditures for construction of facilities; Wheeler Dam..

5,714 Additions and improvements at

$76,418 thousand of the increase in assets is in the power existing navigation facilities..

834

182 program and $26,904 thousand is in nonpower programs. Flood control facilities...

1,050 The estimate of current liabilities of $67,174 thousand Additions and improvements at

at June 30, 1964, is $3,269 thousand greater than the existing multiple-use facilities...

730
1,289

1,640

estimate of $63,905 thousand at June 30, 1963. The Investigations for future facilities. 73

229

261 2. Fertilizer, agricultural, and muni.

increase reflects liabilities mainly related to construction. tions program: Chemical facilities. 3,158 8,338 6,895 Borrowings from the public for the power program are 3. Cooperative valley development pro

expected to increase by $50 million during 1964—from an gram: Beech River multipurpose water

estimate of $145 million at June 30, 1963, to an estimate control system.--

2,500 2,587

of $195 million at June 30, 1964. The estimated total Investigations for future facilities.

87

576 Government equity of $2,329,020 thousand at June 30,

358

98

650100—63—57

TENNESSEE VALLEY AUTHORITY—Continued Public enterprise funds-Continued

TENNESSEE VALLEY AUTHORITY FUND-Continued 1964, is $50,053 thousand more than the estimate of sources other than borrowings-$25,834 thousand in the $2,278,967 thousand at June 30, 1963. The increase power program and $24,219 thousand in nonpower prolargely represents investments in assets financed from

grams.
Revenue, Expense, and Retained Earnings (in thousands of dollars)

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Navigation operations:

Revenue.
Expense.

Net operating expense (-), navigation operations.---
Flood control operations: Expense (-).
Multipurpose reservoir operations not allocated above:

Revenue
Expense.

Net operating expense (-), multipurpose reservoir

operations not allocated above..
Topographic mapping: Expense (-)-
Fertilizer, agricultural, and munitions program:

Revenue
Expense.

Net operating expense (-), fertilizer, agricultural,

and munitions program. Cooperative valley development program:

Revenue...
Expense.

Net operating expense (-), cooperative valley devel

opment program. General service activities:

Revenue..
Expense.

Net operating income or expense (-), general service

activities.

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Total net expense (-), nonpower programs.Analysis of deficit (-) (accumulated expense of nonpower programs), start of year..

Deficit (-) (accumulated net expense of nonpower

programs), end of year Retained earnings, or deficit (-), (retained earnings

from power operations, less accumulated net expense of nonpower programs), end of year...

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End of year.-

End of year.

End of year.

POWER PROGRAM

TOTAL-Continued
Assets:

Assets-Continued
Treasury balance..
1,453 13,569 5,726 5,526 Fixed assets, net.

2,156,254 2,300,494 2,403,468 2,505,258 U.S. securities (par).

39,200 10,000
Current receivables, net..
20,424 20,901 21,000 21,000

Total assets...

2,275,897 2,407,518 2,488,483 2,591,805 Selected assets: 1 Inventories 31,789 35,736 33,013 32,382 Current liabilities....

66,169 72,304 63,905 67, 174 Deferred charges.

403 1,024

981

1,260
Fixed assets, net.
11,786,374 1,908, 179 1,988,330 2,065,300 Contributions in aid of construction.

611 611 611 Total assets..

1,879,643 1,989, 409 2,049,050 2,125,468 Borrowings from the public..... 50,000 145,000 145,000 195,000 Current liabilities..

55,539 60,255 47,464

48,048

Government equity:

Interest-bearing capital:
Contributions in aid of construction 574

611
611
611
Start of year..

65,000 Borrowings from Treasury, net.

65,000 15,000 Borrowings from the public. --- 50,000 145,000 145,000 195,000

End of year..

65,000 80,000 Government equity: Interest-bearing capital:

Non-interest-bearing capital:
Start of year.

65,000
Start of year.

1,795,281 1,806,450 1,835, 146 1,860,217
Borrowings from Treasury, net.
65,000 15,000 Appropriations...

20,520 38,203 35,071 44,284 Transfers of property from 65,000 80,000 other agencies.

649 493

Payments to Treasury -10,000 -10,000 -10,000 -10,000 Non-interest-bearing capital: Start of year. 1,201,287 1,193,001 1,183,396 1,173,972

1,806,450 1,835, 146 1,860,217 1,894,501 Appropriations (allocation) 1,445 336 576

689
Transfers of property from

Retained earnings from power
other agencies
269 59

operations...

580,529 600, 147 617.003 637, 148 Payments to Treasury (-) ---- -10,000 -10,000 -10,000 -10,000

Deficit (-) (accumulated net 1,193,001 1,183,396 1,173,972 1,164,661 expense of nonpower programs)--227,825-245,690-263,253-282,629 Retained earnings from power

Total Government equity.--- 2.159, 154 2,189,603 2,278,967 2,329,020 operations.-580,529 600, 147 617,003 637, 148

Analysis of Government Equity and Undrawn Authorizations (in thousands of Total Government equity.-- 1,773,530 1,783,543 1,855,975 1.881,809

dollars)
NONPOWER PROGRAMS

POWER PROGRAM
Assels:
Treasury balance..

16,754 17,530 16,569 18,653 Unpaid undelivered orders 1 148,084 81,844 81,699 | 83,740 Current receivables, net.2,798 2,638 2,600 2,600 Unobligated balance. --

557,454 507,371 437,563 369,738 Selected assets: 1 Inventories.. 6,822 5,626 5,126 5,126

Invested capital and earnings 1,767,992 1,799,328 1,876,713 1,903,331 Fixed assets, net. 369,880 392,315 415,138 439,958

Subtotal..

2,473,530 2,388,543 2,395,975 2,356,809 Total assets.396,254 418, 109 439,433 466,337

Less undrawn authorizations.- -700,000 -605,000-540,000 -475,000 Current liabilities.

10,630 12,049 16,441 19,126 Total Government equity---1,773,530 1,783,543 1,855,975 1,881,809 Government equity:

NONPOWER PROGRAMS
Non-interest-bearing capital:
Start of year.

Unpaid undelivered orders 1

6,279

2,133 593,994 613,449 651,750

7,348

1,446 686,245

2,643 Unobligated balance.

771 595 Appropriations (allocation)....

681 19,075 37,867 34,495 43,595

Invested capital and earnings. 376,702
Transfers of property from

397,941 420,264 445,084
other agencies...
380 434

Total Government equity---- 385,624 406,060 422,992 447,211 613,449 651,750 686,245 729,840

TOTAL Deficit (-) (accumulated net expense of nonpower pro

Unpaid undelivered orders 1

154,363 89, 192

83,832 85,186 grams). -227,825 -245,690-263,253-282,629 Unobligated balance.

560,097 508, 142 438,158 370,419

Invested capital and earnings 2,144,694 2,197,269 2,296,977 (2,348,415 Total Government equity.-- 385,624 406,060 422,992 447,211

Subtotal.

2,859,154 2,794,603 2,818,967 2,804,020 TOTAL Assets:

Less undrawn authorizations.. -700,000 -605,000 -540,000 -475,000 Treasury balance...

18,207 31,099 22,295 24,179 U.S. securities (par). 39,200 10,000

Total Government equity.--- 2,159,154 2,189,603 2,278,967 2,329,020 Current receivables, net..

23,222 23,539 23,600 23,600 Selected assets: 1

1 The changes in these items are reflected on the program and financing schedule. Inventories... 38,611 41,362 38, 139 37,508

Not included in these figures are June 30 commitments for fuel contracts which

were $368,316 thousand for 1961; $457,620 thousand for 1962; and which are estiDeferred charges. 403 1,024 981 1,260

mated at $457,620 thousand for 1963 and 1964.

147)

End of year.

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11 Personnel compensation:

Permanent positions.
Positions other than permanent..
Other personnel compensation.-
Deduct excess of annual leave taken over
leave earned

Total personnel compensation
12 Personnel benefits...
21 Travel and transportation of persons.
22 Transportation of things.--.
23 Rent, communications, and utilities.
24 Printing and reproduction..
25 Other services....
26 Supplies and materials.
31 Equipment..
32 Lands and structures.
41 Grants, subsidies, and contributions.
42 Insurance claims and indemnities.-
43 Interest and dividends...

Total costs.
Change in selected resources..

Total obligations

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131,167 Appropriation (adjusted)

1,831 6,500 15,000 12,279

1,877 27,145

1. Program operation.--The Agency advises the Secre2,704 162

tary of State and the President on arms control and 10,917 disarmament policy and its implementation, conducts 115.138 negotiations with other countries looking toward inter56,546

national agreements to control, reduce or eliminate arms, 5,692 8,203

and will direct U.S. participation in such control systems 72 as may be adopted. 9,000

The Agency was created on September 26, 1961 under 380,902

authority of Public Law 87–297. Prior work had been 1,002 conducted by the Department of State.

2. Contract research.-Contracts or grants are entered 381,904

into with private or public institutions for the conduct of research, development, and studies in the field of arms control and disarmament.

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Personnel Summary

Object Classification (in thousands of dollars) Total number of permanent positions..

11,340 12,092 12,153 Full-time equivalent of other positions.

6,661 6,630 5,891 Average number of all employees..

1962 17,730 18,220 17,662

1963 1964 actual

estimate estimate Number of employees at end of year.

18,660 17,962 17,554 Average grade, grades established by the board of directors...

4.8 4.8 4.8

11 Personnel compensation: Average salary, grades established by the board

Permanent positions...

507 1,124 2,125 of directors.

$7,398 $7,692 $7,769
Positions other than permanent.

52

52 112 Average salary of ungraded positions.

$6,165 $6,163 $6,172
Other personnel compensation.

291 629 677 Total personnel compensation

850 1,805

2,914 12 Personnel benefits..--

38
85

160 21 Travel and transportation of persons.

70

87 120 UNITED STATES ARMS CONTROL AND

22 Transportation of things..

2
8

10 24 Printing and reproduction...

13 22

42 DISARMAMENT AGENCY

25 Other services..

1
2

9 Contract research

589 4,000 11,000 General and special funds:

Services of other agencies.

450 488 740 26 Supplies and materials..

1

2 ARMS CONTROL AND DISARMAMENT ACTIVITIES

31 Equipment.-----

2

3 For necessary expenses, not otherwise provided for, for arms Total obligations...

2,015 6,500

15,000 control and disarmament activities, including $4,000 for official reception and representation expenses, as authorized by the Act of September 26, 1961 (75 Stat. 631),($6,500,000) $15,000,000.

Personnel Summary (Departments of State, Justice, and Commerce, the Judiciary, and Related Agencies Appropriation Act, 1963; additional authorizing legislation to be proposed.)

Total number of permanent positions.-

89

166
Full-time equivalent of other positions..

3
4

8 Program and Financing (in thousands of dollars)

Average number of all employees.

55
114

209 Number of employees at end of year.

101 162 218 Average GS grade..

10.1
10.0

10.5
1962 1963
1964 Average GS salary ---

$8,266 $8,790 $9,660 actual estimate estimate Average salary, grades established by act to

establish a U.S. Arms Control and DisarmaProgram by activities:

ment Agency..

$20,509 $20,509 $20.509 1. Program operation...

1,415 2,500 4,000 Average salary, grades established by the Di2. Contract research.

600 4.000 11,000 rector, U.S. Arms Control and Disarmament
Agency -----

$17,451 $18,369 $18,369 Total obligations....

2,015 6,500 15,000

223

1962 actual

1963 estimate

1964 estimate

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UNITED STATES INFORMATION AGENCY property arising from such use of said radio stations and facilities:

Provided further, That existing appointments and assignments to General and special funds:

the Foreign Service Reserve for the purposes of foreign information

and educational activities which expire during the current fiscal SALARIES AND EXPENSES

year may be extended for a period of one year in addition to the

period of appointment or assignment otherwise authorized. (DeFor expenses necessary to enable the United States Information partments of State, Justice, and Commerce, the Judiciary, and Related Agency, as authorized by Reorganization Plan No. 8 of 1953, the Agencies Appropriation Act, 1963.) Mutual Educational and Cultural Exchange Act (75 Stat. 527), and Note.- Estimates for 1964 include $126 thousand for activities transferred from the United States Information and Educational Exchange Act, as

U.S. Information Agency, Salaries and expenses, special foreign currency program; amended (22 U.S.C. 1431 et seq.), to carry out international infor

and exclude $100 thousand for activities transferred to U.S. Information Agency. mation activities, including employment, without regard to the civil

Special international exhibitions. The amounts obligated in 1962 and 1963 are

shown in the schedules as comparative transfers. service and classification laws, of (1) persons on a temporary basis (not to exceed $120,000), (2) aliens within the United States, and

Program and Financing (in thousands of dollars) (3) aliens abroad for service in the United States relating to the translation or narration of colloquial speech in foreign languages (such aliens to be investigated for such employment in accordance with procedures established by the Secretary of State and the Attorney General); travel expenses of aliens employed abroad for service in the United States and their dependents to and from the United

Program by activities:

1. Oversea missions.. States; salaries, expenses, and allowances of personnel and depend

43,726 47,077 53,320 ents as authorized by the Foreign Service Act of 1946, as amended

2. Media services: (22 U.S.C. 801-1158); entertainment within the United States not

(a) Press and publications service.. 10,106 10,550 11,684 to exceed [$500] $3,000; hire of passenger motor vehicles; insur

(b) Motion picture service..

6,501 6,759 9,850 ance on official motor vehicles in foreign countries; services as au

(c) Information center service.

5,669 6,448 9,826 thorized by section 15 of the Act of August 2, 1946 (5 U.S.C. 55a);

(d) Broadcasting service..

19,812 23,349 27,642 payment of tort claims, in the manner authorized in the first para

(e) Television service...

2,144 3,920 7,102 graph of section 2672, as amended, of title 28 of the United States

3. Research and reference service

1,306 1,420 1,778 Code when such claims arise in foreign countries; advance of funds

4. Cooperative programs with private organinotwithstanding section 3648 of the Revised Statutes, as amended;

zations...

466 462 482 dues for library membership in organizations which issue publica

5. Program direction..

1,725 1,900 2,060 tions to members only, or to members at a price lower than to

6. Administration and staff support.

6,829 7,164 8,212 others; employment of aliens, by contract, for service abroad; pur

7. Administrative support.

12,934 13,623 14,594 chase of ice and drinking water abroad; payment of excise taxes on negotiable instruments abroad; [cost of transporting to and from a

Total obligations..

111,218 122,671 146,550 place of storage and the cost of storing the furniture and household

Financing: and personal effects of an employee of the Foreign Service who is assigned to a post at which he is unable to use his furniture and

Comparative transfers to and from (-) effects, under such regulations as the Director may prescribe;]

other accounts.

-135 actual

7 expenses of preparing and transporting to their former homes

Unobligated balance lapsingthe remains of persons, not United States Government employees, who may die away from their homes while participating in activities

New obligational authority

111,465 122,536 146,550 authorized under this appropriation; radio activities and acquisition and production of motion pictures and visual materials and purchase or rental of technical equipment and facilities therefor, narration, New obligational authority: script-writing, translation, and engineering services, by contract or Appropriation..

111,500 120,500

146,550 otherwise; maintenance, improvement, and repair of properties used Transferred to “Operating expenses, Public for information activities in foreign countries; fuel and utilities for Buildings Service," General Services AdGovernment-owned or leased property abroad; rental or lease for ministration (75 Stat. 353 and 76 Stat. periods not exceeding five years of offices, buildings, grounds, and 728) (-)------

-35 -64 siving quarters for officers and employees engaged in informational activities abroad; travel expenses for employees attending official Appropriation (adjusted)

111,465 120,436 146,550 international conferences, without regard to the Standardized Goy Proposed supplemental due to pay ernment Travel Regulations and to the rates of per diem allowances

increases..

2,100 in lieu of subsistence expenses under the Travel Expense Act of 1949, but at rates not in excess of comparable allowances approved for such conferences by the Secretary of State; and purchase of objects for presentation to foreign governments, schools, or organizations;

The United States Information Agency, by means of com[$120,500,000] $146,550,000, of which not less than $11,000,000 munication techniques, submits evidence to peoples of shall be used to purchase foreign currencies or credits owed to or other nations that the objectives and policies of the United owned by the Treasury of the United States: Provided, That not to States are in harmony with and will advance their legitiexceed [$110,000] $110,000 may be used for representation abroad: Provided further, That this appropriation shall be available for ex

mate aspirations for freedom, progress, and peace. The penses in connection with travel of personnel outside the continental intention is to encourage foreign peoples to take action United States, including travel of dependents and transportation of consistent with our national objectives. personal effects, household goods, or automobiles of such personnel, Agency operations are largely financed from this apfiscal year pursuant to travel orders issued in that year, notwith propriation covering dollar and certain foreign currency standing the fact that such travel or transportation may not be

costs and from the following special foreign currency apcompleted during the current year: Provided further, That passenger propriation for the purchase of U.S.-owned currencies in motor vehicles used abroad exclusively for the purposes of this ap

excess of the normal requirements of the United States. propriation may be exchanged or sold, pursuant to section 201(c) of the Act of June 30, 1949 (40 U.S.C. 481(c)), and the exchange allow

The increase of approximately $23.9 million in this ances or proceeds of such sales shall be available for replacement of appropriation will provide for (a) an additional $12.4 an equal number of such vehicles and the cost, including the ex million for overseas program expenses plus related media change allowance of each such replacement, except buses and station and other support services to meet increased costs and to wagons, shall not exceed $1,500: Provided further, That, notwithstanding the provisions of section 3679 of the Revised Statutes, as

allow some expansion in programs; (b) about $4.8 million amended (31 U.S.C. 665), the United States Information Agency is for expansion of worldwide television, motion pictures, authorized, in making contracts for the use of international short press, and publications, and information center activities; wave radio stations and facilities, to agree on behalf of the United

(c) $4.1 million for radio programing and facilities operaStates to indemnify the owners and operators of said radio stations and facilities from such funds as may be hereafter appropriated for tions; and (d) a net increase of $2.6 million for domestic the purpose against loss or damage on account of injury to persons or support activities related to the overall program.

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