An Analysis of Year-End Spending and the Feasibility of a Carryover Incentive for Federal Agencies
Abstract
This project investigates the year-end rush to spend and the origins. A secondary examination considers the feasibility of using carryover incentives to extend the obligation period by up to twelve months. Problems associated with the current one-year limitation are documented. Possible fixes for execution problems are presented, and one solution, the carryover incentive, is looked at in depth. Findings include many examples at both the federal and state levels that suggest year-end spending leads to poor decisions and wasted resources. Despite a history of ineffective budgetary and policy changes the proposed carryover incentive has proven successful in the limited occasions that it has been adopted.
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 2007
- Accession Number
- ADA475973
Entities
People
- Michael F. Mcpherson
Organizations
- Naval Postgraduate School