Showing 4 ideas for tag "fiscal"

Legislative Branch

Do away with Use It or Lose It Buget Practices!

Community Member kudos icon + Community member
Do away with the use it or lose it budget practices. So much waste occurs at every level when groups purchase unecessary equipment & services for fear that if they don't use all their budget this year they won't be able to request the same or more the following years. How about something like a 401K where if the group comes in 5% under their budget for the year they earn a match that gets banked so when the money for... more »

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19 votes
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Department of Homeland Security

End of Fiscal Year Money buys Increased Personnel

Community Member kudos icon + Community member
Allow organizations to use their left-over money at the end of the fiscal year to hire-in (via small contracts) individuals that already have clearances and or/ the appropriate skill levels for the jobs needed. Having worked for many government agencies, the most frequent issue I see is that the departments have an abundance of work and not enough staff to accomplish it. This would allow agencies to temporarily hire-in... more »

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-4 votes
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Department of Defense

Obligating Year End Money

Community Member kudos icon + Community member
Allow "End of Year" money to remain unused at the end of the fiscal year without impacting the following years budget. Each August/September the military takes extrodinary measures to ensure Fiscal Year money is spent regardless of need. The concensus is that if money is not spent, it will be removed from next years budget. Millions are spent needlessly each at fiscal year end to ensure that next years budget is not... more »

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2 votes
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