FEDERAL REAL AND PERSONAL PROPERTY INVENTORY REPORT (CIVILIAN AND MILITARY) OF THE U.S. GOVERNMENT, COVERING ITS PROPERTIES LOCATED IN CONTINENTAL UNITED STATES, IN THE TERRITORIES, AND OVERSEAS, AS OF JUNE 30, 1959
This Federal property inventory report, represents a compilation of the assigned values of real and personal property owned or controlled by the Federal Government. It is the fifth attempt by the House Committee on Government Operations to record, in a comprehensive and concise manner, assets of the Government. This report covers data as of June 30, 1959, of properties located in continental United States, in the territories, and at overseas bases. Previously, the committee has compiled Federal property inventory reports as of June 30, 1955 (12th Intermediate Report, Report No. 1930, 84th Cong., 2d sess.), June 30, 1956, June 30, 1957, and June 30, 1958.
Each year the committee staff assigned to this project, together with Government department and agency representatives, have delved further into the inventory accounting systems employed by Federal departments and agencies in an effort to include assets heretofore not included because of incomplete records or due to their not being under inventory accounting control.
One needs only to compare the previous inventory reports to visualize the tremendous progress which has been made in the improved accounting methods and recordkeeping of the gigantic amounts of real and personal property owned or controlled by the Federal Government. Up-to-date accounting systems have furthered the efforts of Government departments and agencies to bring inventories under accounting control. This progress, which is being constantly observed, has been stimulated within the departments and agencies as a result of the interest in, and the scrutiny of, Federal property inventories by Members of Congress and particularly the membership of this committee.
Again this year, additional refinements are reflected within this Federal property inventory report. Concentrated efforts will continue, in working with Government department and agency representatives, to improve and broaden the scope of property inventory reports. It is the desire of the committee eventually to present an inventory report which will furnish the Congress and the public a complete and comprehensive listing of Federal personalty at acquisition cost and all Federal realty at acquisition cost, as well as at estimated presentday evaluations. This objective has been partially realized in that public domain and Capitol Hill realty is in this report, and has been previously, recorded at estimated present-day evaluations. In addi