PART III PERSONALTY INVENTORY OF EXECUTIVE, LEGISLATIVE, AND JUDICIARY OFFICES, AGENCIES, AND ESTABLISHMENTS OF THE UNITED STATES GOVERNMENT AS OF JUNE 30, 1970 REAL AND PERSONAL PROPERTY REPORT OF THE DEPARTMENT OF DEFENSE AS OF JUNE 30, 1970 WORLDWIDE GOVERNMENT PERSONALTY Executive, legislative, and judiciary offices, agencies and establishments of the U.S. Government, including certain financial assets of the Department of Defense, and the Corps of Engineers, civil functions.. Department of Defense (personalty). Corps of Engineers, civil functions (personalty).. Grand total___. 132, 507, 672 172, 537, 000 378, 000 305, 422, 672 (15) DEPARTMENT OF THE TREASURY Washington, D.C. SUMMARY STATEMENT The statements on personal property were compiled by the Department of the Treasury on the basis of reports submitted by Government agencies, and were prepared in accordance with the request of the chairman of the Committee on Government Operations, House of Representatives, in a letter dated February 26, 1971, to the Secretary of the Treasury. These data have been forwarded to the committee annually from 1956 through 1964, and biennially since 1964. Treasury Department Circular No. 966, requires all agencies to submit financial statements as of June 30 of each fiscal year. These reports made possible the compilation by Treasury of the "Statement of Personal Property of the U.S. Government" shown in Part III and the statement on "Related Real Property of Selected Agencies Other Than Defense" shown in Part VI of this report. As in previous years, the greater part of the asset reports of the Department of Defense, the legislative branch, and the judiciary are sent directly to the committee. By mutual agreement, selected items of Department of Defense personal property reported to the Treasury, and the amounts reported directly to the committee by the legislative branch and the judiciary are included in this section of the report. Amounts reported in the comparative summaries are on the basis of the new budget concepts which include assets of trust funds. The Federal National Mortgage Association, secondary market operations trust fund and the Farm Credit Administration trust fund loan programs were converted to private ownership by acts approved August 1, 1968, and October 17, 1968, respectively. In addition to the two-year comparative summaries that follow, overall summaries containing figures on public domain, donated property, and other real property were prepared and are included in Part II of this report. COMPARATIVE FIGURES ON PERSONAL PROPERTY OF THE U.S. GOVERNMENT (EXCLUDING THE GREATER PART OF THE DEPARTMENT OF DEFENSE SHOWN ELSEWHERE IN THIS REPORT) AS OF JUNE 30, 1970, AND 1968 1 [In thousands of dollars] Classification Cash on hand, in banks, etc. Investments (other than Federal debt). Work in process.. Materials and supplies. Loans receivable. Machinery and equipment. Total... 1 Figures as of June 30, 1969, were not compiled. * Includes net investment in the International Monetary Fund of $2,412,000,000 for June 30, 1970, and $965,750,004 for June 30, 1968. Includes trust fund loans of $948,402,970 for June 30, 1970, and $12,592,857,924 for June 30, 1968. The 1970 figure excludes loans of the Federal National Mortgage Association, secondary market operations fund; and loans of the Farm Credit Administration banks for cooperatives fund and Federal intermediate credit banks fund. Note: All assets reported are shown in gross amounts with no deductions for allowances for losses or depreciation and include assets of trust funds. Loans receivable have not been reduced by the amounts of participation certificates issued under trust agreements by the Government National Mortgage Association, participation sales fund, and participition certificates issued by the Export-Import Bank of the United States, all of which are treated as Federal securities in Treasury financial reports. Interagency assets, including public debt securities, and excluded. The assets are in the main valued at acquisition cost (known or estimated). As shown in the above summary, total personal property inventories increased by $8,133 million during the fiscal years 1969 and 1970. The increase in other assets of $4,300 million represented the largest increase. Other increases in asset classifications were as follows: investments, $1,554 million; accounts and notes receivable, $1,151 million; commodities for sale, $985 million; work in process, $64 million; and machinery and equipment, $1,229 million. The cash balance with the Treasurer of the United States increased by $2,322 million. Other cash balances decreased by $694 million. Decreases in other personal property inventory classifications were as follows: materials and supplies, $497 million; and loans receivable, $2,281 million, due partially to transfer of certain trust revolving fund loan programs to private ownership. COMPARATIVE FIGURES ON GROSS LOANS OUTSTANDING 1 1 Figures as of June 30, 1969, were not compiled. Increase or June 30, 1970 11, 030, 721 14,073, 564 2 56,905, 613 2 59, 186, 385 * Includes trust fund loans of $948,402,970 for June 30, 1970, and $12,592,857,924 for June 30, 1968. 78, 357 351, 362 883,935 3, 237, 669 209, 139 416, 170 -2, 280, 772 |