Mutual Funds: Information on Trends in Fees and Their Related Disclosure (open access)

Mutual Funds: Information on Trends in Fees and Their Related Disclosure

A statement of record issued by the General Accounting Office with an abstract that begins "Millions of U.S. households have invested in mutual funds whose value exceeds $6 trillion. The fees and other costs that these investors pay as part of owning mutual funds can significantly affect their investment returns. Recent press reports suggest that mutual fund fees have increased during the market downturn in the last few years. In addition, questions have been raised as to whether the disclosures of these fees and other costs, such as brokerage commissions, are sufficiently transparent. GAO updated its analysis from its June 2000 report, which showed the trends in mutual fund fees from 1990 and 1998 for large funds by collecting data on how these 76 funds' fees changed between 1998 to 2001. GAO also reviewed the Securities and Exchange Commission's recent rule proposal on fee disclosure as well as studies by industry."
Date: March 12, 2003
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Food Stamp Employment and Training Program: Better Data Needed to Understand Who Is Served and What the Program Achieves (open access)

Food Stamp Employment and Training Program: Better Data Needed to Understand Who Is Served and What the Program Achieves

A letter report issued by the General Accounting Office with an abstract that begins "Since the late 1990s, many funding changes have been made to the Food Stamp E&T Program. In 1997, legislation required states to spend 80 percent of their funds on participants who lose their food stamp benefits if they do not meet work requirements within a limited time frame. The legislation also increased funds by $131 million to help states serve these participants. But spending rates for the program declined until, in 2001, states spent only about 30 percent of the federal allocation. In 2002, the Congress reduced federal funds to $110 million a year. While it is too soon to know the impact of these changes, GAO was asked to determine whom the program serves, what services are provided, and what is known about program outcomes and effectiveness."
Date: March 12, 2003
Creator: United States. General Accounting Office.
Object Type: Report
System: The UNT Digital Library
Federal Energy Management: Facility and Vehicle Energy Efficiency Issues (open access)

Federal Energy Management: Facility and Vehicle Energy Efficiency Issues

A statement of record issued by the General Accounting Office with an abstract that begins "GAO testified that constructing and operating buildings requires enormous amounts of energy, water, and materials and creates large amounts of waste. How agencies manage their facilities, along with the vehicles they use to accomplish their missions, has significant cost implications and greatly affects the environment. According to the Department of Energy, energy management is one of the most challenging tasks facing today's federal facilities manager, and sound energy management includes using energy efficiently, ensuring reliable supplies, and reducing costs whenever possible. The federal role in energy conservation was also highlighted in the President's National Energy Policy, in which the President directed heads of executive departments and agencies to "take appropriate actions to conserve energy use at their facilities to the maximum extent consistent with the effective discharge of public responsibilities.""
Date: March 12, 2003
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Technical Assessment of Zhao and Thurman's 2001 Evaluation of the Effects of COPS Grants on Crime (open access)

Technical Assessment of Zhao and Thurman's 2001 Evaluation of the Effects of COPS Grants on Crime

Correspondence issued by the General Accounting Office with an abstract that begins "Community Oriented Policing Services (COPS) is a federal public safety program whose goals are to add officer positions to the streets of communities nationwide and to promote community policing. Since the program's inception in 1994, local law enforcement agencies have received billions of dollars in grants to hire additional officers, acquire technology and civilian personnel, and implement innovative crime-prevention programs. To receive COPS grants, agencies are expected to implement or enhance community policing strategies illustrating community partnerships, problem solving, and organizational commitment. Given the large expenditures of funds, it is important for policy makers, among others, to have sound information on the effectiveness of the COPS program in reducing crime. Congress asked us to review one evaluation of the effectiveness of the COPS program--by Zhao and Thurman--and to render an assessment of its quality. In this report, we provide information on the extent to which this particular study's conclusions are supported by the data the researchers used and the analyses they conducted. GAO statisticians and methodology specialists reviewed the study using standard and widely accepted statistical and social science research principles."
Date: June 12, 2003
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Potential Terrorist Attacks: Additional Actions Needed to Better Prepare Critical Financial Market Participants (open access)

Potential Terrorist Attacks: Additional Actions Needed to Better Prepare Critical Financial Market Participants

A chapter report issued by the General Accounting Office with an abstract that begins "September 11 exposed the vulnerability of U.S. financial markets to wide-scale disasters. Because the markets are vital to the nation's economy, GAO assessed (1) the effects of the attacks on market participants' facilities and telecommunications and how prepared participants were for attacks at that time, (2) physical and information security and business continuity plans market participants had in place after the attacks, and (3) regulatory efforts to improve preparedness and oversight of market participants' risk reduction efforts."
Date: February 12, 2003
Creator: United States. General Accounting Office.
Object Type: Report
System: The UNT Digital Library
Distance Education: More Data Could Improve Education's Ability to Track Technology at Minority Serving Institutions (open access)

Distance Education: More Data Could Improve Education's Ability to Track Technology at Minority Serving Institutions

A letter report issued by the General Accounting Office with an abstract that begins "Distance education--offering courses by Internet, video, or other forms outside the classroom--is a fast growing part of postsecondary education. GAO was asked to review the state of distance education at Minority Serving Institutions, which are schools that serve high percentages of minority students, including Blacks, Hispanics, and American Indians. Under Titles III and V of the Higher Education Act, these schools are eligible for grants that can be used for expanding their technology, including distance education. GAO's review focused on (1) the use of distance education at Minority Serving Institutions, (2) key factors influencing these schools' decisions about whether or not to offer distance education, and (3) steps the Department of Education could take, if any, to improve monitoring efforts of technological progress under Titles III and V programs."
Date: September 12, 2003
Creator: United States. General Accounting Office.
Object Type: Report
System: The UNT Digital Library
SSA Disability Decision Making: Additional Steps Needed to Ensure Accuracy and Fairness of Decisions at the Hearing Level (open access)

SSA Disability Decision Making: Additional Steps Needed to Ensure Accuracy and Fairness of Decisions at the Hearing Level

A letter report issued by the General Accounting Office with an abstract that begins "Historically, the proportion of the Social Security Administration's (SSA) disability benefits claims that were approved has been lower for African-Americans than for whites. In 1992, GAO found that racial differences, largely at the Administrative Law Judge (ALJ) level, could not be completely explained by factors related to the decision-making process. This report examines how race and other factors influence ALJ decisions and assesses SSA's ability to ensure the accuracy and fairness of ALJ decisions."
Date: November 12, 2003
Creator: United States. General Accounting Office.
Object Type: Report
System: The UNT Digital Library
Food Assistance: Potential to Serve More WIC Infants by Reducing Formula Cost (open access)

Food Assistance: Potential to Serve More WIC Infants by Reducing Formula Cost

A letter report issued by the General Accounting Office with an abstract that begins "The Department of Agriculture's Food and Nutrition Service (FNS) provided about $3 billion to state agencies in fiscal year 2001 for food assistance, including infant formula, through its Special Supplemental Nutrition Program for Women, Infants and Children (WIC). Most infants receiving formula are given a milk- or soy-based standard formula. To stretch program dollars, each state WIC agency contracts with a single company for purchases of that company's standard formula for which they receive rebates. These rebates totaled $1.4 billion in fiscal year 2001. Rebates do not apply to other companies' brands of standard formula (noncontract standard formula) or to nonstandard formulas designed to meet special medical or dietary conditions. GAO was directed to examine the extent that WIC agencies have restricted the use of noncontract standard formula to lower cost of the WIC program."
Date: February 12, 2003
Creator: United States. General Accounting Office.
Object Type: Report
System: The UNT Digital Library
Border Security: Challenges in Implementing Border Technology (open access)

Border Security: Challenges in Implementing Border Technology

Testimony issued by the General Accounting Office with an abstract that begins "One of the primary missions of the new Department of Homeland Security (DHS) focuses on border control--preventing the illegal entry of people and goods into the United States. Part of this mission is controlling the passage of travelers through official ports of entry into the United States. Facilitating the flow of people while preventing the illegal entry of travelers requires an effective and efficient process that authenticates a traveler's identity. Generally, identifying travelers at the ports of entry is performed by inspecting their travel documents, such as passports and visas, and asking them questions. Technologies called biometrics can automate the identification of individual travelers by one or more of their distinct physiological characteristics. Biometrics have been suggested as a way of improving the nation's ability to determine whether travelers are admissible to the United States."
Date: March 12, 2003
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
NASA: Major Management Challenges and Program Risks (open access)

NASA: Major Management Challenges and Program Risks

Testimony issued by the General Accounting Office with an abstract that begins "Since its inception, the National Aeronautics and Space Administration (NASA) has undertaken numerous programs that have greatly advanced scientific and technological knowledge. NASA's activities span a broad range of complex and technical endeavors. But the agency is at a critical juncture, and major management improvements are needed. In January of this year, we identified four challenges facing NASA: (1) strengthening strategic human capital management, (2) improving contract management; (3) controlling International Space Station costs, and (4) reducing space launch costs."
Date: June 12, 2003
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Head Start: Curriculum Use and Individual Child Assessment in Cognitive and Language Development (open access)

Head Start: Curriculum Use and Individual Child Assessment in Cognitive and Language Development

A letter report issued by the General Accounting Office with an abstract that begins "To enhance Head Start's contribution to the school readiness of children from low-income families, the 1998 amendments to the Head Start Act provided for updating the Head Start performance standards to ensure that when children leave the program, they have the basic skills needed to start school. Head Start's performance standards for education and early childhood development require that the programs' curricula support each child's cognitive and language development, including emergent literacy skills. In preschool children, cognitive and language development refers to the fundamental abilities needed to reason and to speak a language. Skills in emergent literacy are the precursors to reading, such as learning the letters of the alphabet. The curriculum Head Start programs use must meet the definition for a written curriculum in Head Start's performance standards. Programs have the option of developing their own curriculum, using a curriculum developed locally or by the state education agency, and adopting or adapting a model developed by an educational publisher. Programs also may use teacher mentoring and individual child assessment to help implement the curriculum. As reauthorization of Head Start approached, Congress asked us to answer …
Date: September 12, 2003
Creator: United States. General Accounting Office.
Object Type: Report
System: The UNT Digital Library
Potential Terrorist Attacks: Additional Actions Needed to Better Prepare Critical Financial Market Participants (open access)

Potential Terrorist Attacks: Additional Actions Needed to Better Prepare Critical Financial Market Participants

A chapter report issued by the General Accounting Office with an abstract that begins "September 11 exposed the vulnerability of U.S. financial markets to wide-scale disasters. Because the markets are vital to the nation's economy, GAO assessed (1) the effects of the attacks on market participants' facilities and telecommunications and how prepared participants were for attacks at that time, (2) physical and information security and business continuity plans market participants had in place after the attacks, and (3) regulatory efforts to improve preparedness and oversight of market participants' risk reduction efforts."
Date: February 12, 2003
Creator: United States. General Accounting Office.
Object Type: Report
System: The UNT Digital Library
Space Station: Impact of the Grounding of the Shuttle Fleet (open access)

Space Station: Impact of the Grounding of the Shuttle Fleet

A letter report issued by the General Accounting Office with an abstract that begins "In 1998, the National Aeronautics and Space Administration (NASA) and its international partners--Canada, Europe, Japan, and Russia--began on-orbit assembly of the International Space Station, envisioned as a permanently orbiting laboratory for conducting scientific research under nearly weightless conditions. Since its inception, the program has experienced numerous problems, resulting in significant cost growth and assembly schedule slippages. Following the loss of Columbia in February 2003, NASA grounded the U.S. shuttle fleet, putting the immediate future of the space station in doubt, as the fleet, with its payload capacity, has been key to the station's development. If recent discoveries about the cause of the Columbia's disintegration require that the remaining shuttles be redesigned or modified, delays in the fleet's return to flight could be lengthy. In light of these uncertainties, concerns about the space station's cost and progress have grown. This report highlights the current status of the program in terms of on-orbit assembly and research; the cost implications for the program with the grounding of the shuttle fleet; and identifying significant program management challenges, especially as they relate to reaching agreements with the international partners."
Date: September 12, 2003
Creator: United States. General Accounting Office.
Object Type: Report
System: The UNT Digital Library
Department of Education: Status of Efforts to Address Major Management Challenges (open access)

Department of Education: Status of Efforts to Address Major Management Challenges

Testimony issued by the General Accounting Office with an abstract that begins "In its 2003 performance and accountability report on the Department of Education, GAO identified challenges in, among other areas, student financial aid programs and financial management. The information GAO presents in this testimony is intended to assist Congress in assessing Education's progress in addressing and overcoming these challenges."
Date: March 12, 2003
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Coast Guard: Comprehensive Blueprint Needed to Balance and Monitor Resource Use and Measure Performance for All Missions (open access)

Coast Guard: Comprehensive Blueprint Needed to Balance and Monitor Resource Use and Measure Performance for All Missions

Testimony issued by the General Accounting Office with an abstract that begins "The September 11th attacks decidedly changed the Coast Guard's priorities and markedly increased its scope of activities. Homeland security, a long-standing but relatively small part of the Coast Guard's duties, took center stage. Still, the Coast Guard remains responsible for many other missions important to the nation's interests, such as helping stem the flow of drugs and illegal migration, protecting important fishing grounds, and responding to marine pollution. For the past several years, the Coast Guard has received substantial increases in its budget to accommodate its increased responsibilities. GAO was asked to review the Coast Guard's most recent level of effort on its various missions and compare them to past levels, analyze the implications of the proposed 2004 budget for these levels of effort, and discuss the challenges the Coast Guard faces in balancing and maximizing the effectiveness of all its missions."
Date: March 12, 2003
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Human Capital: DOD's Civilian Personnel Strategic Management and the Proposed National Security Personnel System (open access)

Human Capital: DOD's Civilian Personnel Strategic Management and the Proposed National Security Personnel System

Testimony issued by the General Accounting Office with an abstract that begins "People are at the heart of an organization's ability to perform its mission. Yet, a key challenge for the Department of Defense (DOD), as for many federal agencies, is to strategically manage its human capital. With about 700,000 civilian employees on its payroll, DOD is the second largest federal employer of civilians in the nation. Although downsized 38 percent between fiscal years 1989 and 2002, this workforce has taken on greater roles as a result of DOD's restructuring and transformation. DOD's proposed National Security Personnel System (NSPS) would provide for wide-ranging changes in DOD's civilian personnel pay and performance management, collective bargaining, rightsizing, and other human capital areas. The NSPS would enable DOD to develop and implement a consistent DOD-wide civilian personnel system. Given the massive size of DOD, the proposal has important precedent-setting implications for federal human capital management and OPM. This testimony provides GAO's preliminary observations on aspects of DOD's proposal to make changes to its civilian personnel system and discusses the implications of such changes for government-wide human capital reform. Past reports have contained GAO's views on what remains to be done to bring about …
Date: May 12, 2003
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Potential Terrorist Attacks: More Actions Needed to Better Prepare Critical Financial Markets (open access)

Potential Terrorist Attacks: More Actions Needed to Better Prepare Critical Financial Markets

Testimony issued by the General Accounting Office with an abstract that begins "The September 11, 2001, terrorist attacks exposed the vulnerability of U.S. financial markets to wide-scale disasters. Because the markets are vital to the nation's economy, GAO's testimony discusses (1) how the financial markets were directly affected by the attacks and how market participants and infrastructure providers worked to restore trading; (2) the steps taken by 15 important financial market organizations to address physical security, electronic security, and business continuity planning since the attacks; and (3) the steps the financial regulators have taken to ensure that the markets are better prepared for future disasters."
Date: February 12, 2003
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
National Airspace System: Reauthorizing FAA Provides Opportunities and Options to Address Challenges (open access)

National Airspace System: Reauthorizing FAA Provides Opportunities and Options to Address Challenges

Testimony issued by the General Accounting Office with an abstract that begins "Much has changed since the Congress enacted the Wendell H. Ford Aviation Investment and Reform Act for the 21st Century (AIR-21) 3 years ago--the downturn in the nation's economy and the terrorist attacks of September 11, 2001, have taken a heavy toll on aviation. Competition for federal funding has also grown. The reauthorization of AIR-21 provides an opportunity for the Congress and the Federal Aviation Administration (FAA) to focus on several challenges to improving the national airspace system. These challenges include (1) funding planned airport capital development, (2) increasing capacity and efficiency, (3) implementing human capital and procurement reforms, and (4) ensuring aviation safety. This testimony is based on ongoing and published GAO work. The information on funding and development, obtained from FAA and the Airport Council International (ACI), a key organization representing the airport industry, is preliminary and therefore subject to change."
Date: February 12, 2003
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Homeland Security: Challenges Facing the Coast Guard as it Transitions to the New Department (open access)

Homeland Security: Challenges Facing the Coast Guard as it Transitions to the New Department

Testimony issued by the General Accounting Office with an abstract that begins "The Coast Guard is one of 22 agencies being placed in the new Department of Homeland Security. With its key roles in the nation's ports, waterways, and coastlines, the Coast Guard is an important part of enhanced homeland security efforts. But it also has non-security missions, such as search and rescue, fisheries and environmental protection, and boating safety. GAO has conducted a number of reviews of the Coast Guard's missions and was asked to testify about the Coast Guard's implementation challenges in moving to this newly created Department."
Date: February 12, 2003
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Posthearing Questions Related to Aviation and Port Security (open access)

Posthearing Questions Related to Aviation and Port Security

Correspondence issued by the General Accounting Office with an abstract that begins "This letter responds to a Congressional request that we provide answers to questions relating to our September 9, 2003, testimony on transportation security."
Date: December 12, 2003
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
78th Texas Legislature, Regular Session, Senate Bill 209, Chapter 20 (open access)

78th Texas Legislature, Regular Session, Senate Bill 209, Chapter 20

Bill introduced by the Texas Senate relating to prohibiting a motor vehicle from being equipped with certain video equipment and devices.
Date: May 12, 2003
Creator: Texas. Legislature. Senate.
Object Type: Legislative Document
System: The Portal to Texas History
78th Texas Legislature, Regular Session, Senate Bill 1580, Chapter 28 (open access)

78th Texas Legislature, Regular Session, Senate Bill 1580, Chapter 28

Bill introduced by the Texas Senate relating to bond requirements for privatized maintenance contracts.
Date: May 12, 2003
Creator: Texas. Legislature. Senate.
Object Type: Legislative Document
System: The Portal to Texas History
78th Texas Legislature, Regular Session, Senate Bill 1430, Chapter 27 (open access)

78th Texas Legislature, Regular Session, Senate Bill 1430, Chapter 27

Bill introduced by the Texas Senate relating to additional interest for default on certain secondary mortgage loans
Date: May 12, 2003
Creator: Texas. Legislature. Senate.
Object Type: Legislative Document
System: The Portal to Texas History
78th Texas Legislature, Regular Session, Senate Bill 151, Chapter 19 (open access)

78th Texas Legislature, Regular Session, Senate Bill 151, Chapter 19

Bill introduced by the Texas Senate relating to the recognition of foreign adoptions and the issuance of a supplementary birth certificate
Date: May 12, 2003
Creator: Texas. Legislature. Senate.
Object Type: Legislative Document
System: The Portal to Texas History