Represents obligations. Applied costs for 1962 are $169,315,992. The difference of $17,994 reflects, primarily, the excess of commodities used in 1962 over commodities ordered in that year. Includes $7,100 estimated to be transferred to "Salaries and expenses, general administration," during fiscal year 1963 for the Office of the Inspector General. Department of the Interior to "Promote and develop fishery products and research pertaining to American fisheries, Fish and Wildlife Service," 84th Cọng School lunch program- Salaries and expenses, Foreign Agricultural Service. -5, 071, 342 -45, 000, 000 -3, 117, 000 264, 880, 195 $361, 500, 000 -5, 200, 000 School lunch program.... -45, 000, 000 Salaries and expenses, Foreign Agricultural Service.... -3, 117, 000 1 308, 183, 000 Increase (in annual permanent appropriation for sec. +43, 302, 805 In addition an unobligated balance of $300,000,000 carried forward from 1963 will be available. Of the total of $608,183,000 available the 1964 estimates forecast obligations of $200,000,000. This would result in an unobligated balance of $408,183,000, of which $300,000,000 would carry forward into fiscal year 1965. Summary of increases and decreases, 1964 (on the basis of available funds) Increase in commodity program payments. Decrease to reflect shift to a direct appropriation in financing of the For postal costs pursuant to Public Law 87-793- Net decrease..... Project statement (on basis of available funds) Increase or decrease +$509, 000 24, 998, 150 -754, 300 -12, 950 +2, 400 +254, 000 -25, 000, 000 1 Represents obligations. Applied costs for 1962 are $200,801,438. The difference of $36,807,656 reflects, primarily, the excess of commodities delivered and used over those purchased in that year. Includes $26,400 estimated to be transferred to "Salaries and expenses, General Administration," during fiscal year 1963 for the Office of the Inspector General. FUND AVAILABILITY AND BALANCES Section 32 funds are used to encourage exportation and domestic consumption of agricultural products and to stabilize market prices either through announcements that the Department stands ready to enter the market, or by actual participation in the market. The extent to which funds actually will be obligated and expended will depend upon the effectiveness of an announcement on market prices. The type of program to be developed will depend upon the kind and volume of the surpluses which exist at the time and the potential outlets. Generally, surpluses are removed from the market through purchases, which are then donated to schools, institutions, and needy persons. The following table summarizes the estimated total funds available for section 32 activities and the estimated balance carried forward for fiscal years 1962, 1963, and 1964. |