Cover image for A preliminary analysis of advance appropriations as a budgeting method for Navy ship procurements
Title:
A preliminary analysis of advance appropriations as a budgeting method for Navy ship procurements
Author:
Blickstein, Irv, 1939-
Personal Author:
Publication Information:
Santa Monica, CA : Rand, 2002.
Physical Description:
xviii, 45 pages : illustrations ; 23 cm
General Note:
"MR-1527-NAVY"--P. [4] of cover.

Prepared for the United States Navy.
Language:
English
Added Author:
ISBN:
9780833031709
Format :
Book

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VA60 .B58 2002 Adult Non-Fiction Central Closed Stacks-Non circulating
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Summary

Summary

A companion piece to MR-1526 that examines the pros and cons of applying advance appropriations across a broader segment of the Navy shipbuilding program than just aircraft carriers. The entire cost of a ship is normally included in the congressional budget for the year of construction start, which can cause large year-to-year fluctuations in the shipbuilding budget and complicate budget management. This report analyzes an alternative strategy, advance appropriations, whereby the full cost of a ship is distributed over several budget years. This strategy can reduce fluctuations in the budget level and can create the equivalent of a loan against future budgets, but also constrains management flexibility in coping with unexpected events.