Appendix 2 – U.S. Centennial of Flight Commission Budget
The budget chart on the next page provides the actual funds obligated during fiscal years 1999, 2000, 2001, 2002 and 2003; and the plans for fiscal year 2004.
The General Accounting Office audited the U.S. Centennial of Flight Commission financial activity for fiscal year 2002, and found that in fiscal year 2002:
GAO recommended that the Executive Director of the Commission:
- All 114 of the Commission's recorded obligations and expenditures were supported by documentation that was approved by management.
- The Commission recorded the receipt of one payment under a licensing agreement for the use of the logo of the Centennial of Flight Commission. The Commission recorded no other receipts for user fees, cash donations, or in-kind donations for fiscal year 2002.
- The Commission received from FAA an allotment of $900,000 from its operations appropriation and received $1,000 in fees under a licensing agreement for the Commission's logo.
The Commission's Executive Director agreed with the recommendations and stated that the Commission has (1) requested that NASA correctly record the travel expenditure, (2) developed a spreadsheet to monitor the timely receipt of licensing fees, and (3) collected licensing fees due it.
- Direct NASA to correctly record the Commission travel expenditure of $937 that was improperly coded and paid out of NASA's direct funds.
- Strengthen internal controls over licensing agreements by monitoring the timely receipt of fees in accordance with the agreements.
- Collect licensing fees due the Commission since the beginning of the June 30, 2002, quarter, in accordance with licensing agreements.
In fiscal year 2003, the U.S. Centennial of Flight Commission continued with the third year of the Outreach and Web enhancement procurements and the fourth year of the Web site maintenance effort.
In fiscal year 2004, the U.S. Centennial of Flight Commission budget is $600,000. The U.S. Centennial of Flight Commission plans to spend approximately $150,000 of this amount and return $450,000.
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