Pentagon Reservation Maintenance Revolving Fund Financial Statements - FY 1992
Abstract
Financial statement audits are required by the Chief Financial Officers Act of 1990. The Pentagon Reservation Maintenance Revolving Fund (the Fund) was established as a revolving fund in 1990 by Public Law 101-510, which transferred responsibility for the operation, maintenance, protection, repair, and alteration of the Pentagon Reservation from the General Services Administration to the Office of the Secretary of Defense. Revolving funds are accounts authorized by specific provisions of law to finance a continuing cycle of operations and to fund receipts that are normally available for obligation and expenditure without further action by Congress Washington Headquarters Services (WHS) was designated the operating agency an(i fund manager for the Fund. As of September 30, 1992, Fund assets of $227.5 million and liabilities of $3.2 million were reported. The Fund is resourced through direct appropriations and reimbursements from tenants of the Pentagon Reservation. For FY 1992, the reported total of revenues and financing sources was $212.5 million. The Fund had an operating surplus of $138.3 million.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 25, 1993
- Accession Number
- ADA376298
Entities
People
- F. J. Lane
- Jerri D. Johnson
- Nancy L. Hendricks
- Richard A. Levine
- Y. K. Chen
Organizations
- Office of the Inspector General, U.S. Department of Defense