A Preliminary Analysis of Advance Appropriations as a Budgeting Method for Navy Ship Procurements - Softcover

Blickstein, Irv; Smith, Giles

 
9780833031709: A Preliminary Analysis of Advance Appropriations as a Budgeting Method for Navy Ship Procurements

Synopsis

A companion piece to Options for Funding Aircraft Carriers that examines the pros and cons of applying advance approriations across a broader segment of the Navy shipbuilding program than just aircraft carriers.

"synopsis" may belong to another edition of this title.

Synopsis

A companion piece to Options for Funding Aircraft Carriers that examines the pros and cons of applying advance appropriations across a broader segment of the Navy shipbuilding program than just aircraft carriers. The entire cost of a ship is normally included in the congressional budget for the year of construction start, which can cause large year-to-year fluctuations in the shipbuilding budget and complicate budget management. This report analyzes an alternative strategy, advance appropriations, whereby the full cost of a ship is distributed over several budget years. This strategy can reduce fluctuations in the budget level and can create the equivalent of a loan against future budgets, but also constrains management flexibility in coping with unexpected events.

"About this title" may belong to another edition of this title.