Resource Type

Analysis of Future Millennium Challenge Corporation Obligations (open access)

Analysis of Future Millennium Challenge Corporation Obligations

Correspondence issued by the Government Accountability Office with an abstract that begins "The Millennium Challenge Corporation (MCC)--intended to provide aid to developing countries that have demonstrated a commitment to ruling justly, encouraging economic freedom, and investing in people--has received appropriations for fiscal years (FY) 2004-06 totaling more than $4.2 billion. About $3.8 billion of this amount has been set aside for compact assistance. As of January 2006, MCC had signed or approved eight compacts obligating about $1.5 billion, leaving an unobligated balance of about $2.3 billion. To assist in this year's budget deliberations, this letter provides a range of estimates under two scenarios of how quickly MCC could obligate this balance and three possible levels of FY 2007 appropriations at the current pace of compact award. The President has requested an additional $3 billion for MCC for FY 2007. To address this objective, we analyzed MCC's FY 2005 and 2006 budget presentations and other corporation records. We selected two illustrative scenarios for future MCC obligations: (1) a "higher cost" scenario in which the average size of future compacts is consistent with MCC projections and (2) a "lower cost" scenario in which future compacts are consistent with the average compact size …
Date: February 21, 2006
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Traffic Enforcement: Funding of Automatic Red-Light and Speed Enforcement Technologies (open access)

Traffic Enforcement: Funding of Automatic Red-Light and Speed Enforcement Technologies

Correspondence issued by the General Accounting Office with an abstract that begins "A number of cities and counties have implemented photo enforcement programs to improve traffic safety. These programs use cameras to identify drivers running red lights or speeding and issue tickets to owners of identified vehicles. Such programs are eligible for funding through Department of Transportation (DOT) highway funding programs. GAO examined the role that federal funds have played in the local deployment of photo enforcement programs. GAO agreed to (1) identify local jurisdictions that are using photo enforcement devices--red-light cameras or photo radar--on federal-aid highways; (2) identify local jurisdictions that have received federal funding for photo enforcement; and (3) determine, for those jurisdictions that have received federal funding, how much revenue their photo enforcement programs have generated and the amount of that revenue received by private contractors."
Date: February 21, 2003
Creator: United States. General Accounting Office.
System: The UNT Digital Library