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Title: | An Analysis to Lengthen Operation and Maintenance Budget To 2-Year and Allow a Carryover of Expired Funds to The End of The First Quarter of The Subsequent FY |
Authors: | Alioune Diop |
Keywords: | operation and maintenance O&M obligation defense spending continuing resolution DoD |
Issue Date: | 23-Jun-2022 |
Publisher: | Acquisition Research Program |
Citation: | Published--Unlimited Distribution |
Series/Report no.: | Financial Management;NPS-FM-22-187 |
Abstract: | In this thesis, I propose the extension of the operation and maintenance (O&M) appropriation or period of availability from one year to two years, along with allowing a carryover of the expired funds to cover new starts and program increases during a continuing resolution. I present both the advantages and disadvantages that such policy change would bring and argue that the advantages far outweigh the concerns raised by Congress and those who oppose the two-year proposal. Extending O&M funding availability to two years would alleviate the spike of end-of-year obligations and lower the amount of expired unobligated funds, leading to fiscal and program stability. I also discuss the opponents’ main argument against such a policy shift, i.e., Congress’s perceived loss of control. This policy proposal, if implemented, would bring much-needed budgetary flexibility and procurement stability throughout the fleet and to the DoD in general. |
Description: | Financial Management / Graduate Student Research |
URI: | https://dair.nps.edu/handle/123456789/4700 |
Appears in Collections: | NPS Graduate Student Theses & Reports |
Files in This Item:
File | Description | Size | Format | |
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NPS-FM-22-187.pdf | Student Thesis | 2.73 MB | Adobe PDF | View/Open |
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