Summary: Pursuant to a congressional request, GAO reviewed selected aspects of the Air Force's fiscal year (FY) 1991 stock fund budget to identify potential reductions, focusing on aircraft spare parts.
GAO found a total of $995.3 million in potential reductions to the Air Force's FY 1991 stock fund budget, including: (1) $275.8 million in lower budgeted flying hours; (2) $199.2 million in lower computed buy requirements; (3) $170 million in lower costs for spare parts; (4) $137.4 million in unjustified upward funding adjustments; (5) $61.1 million in unnecessary foreign military sales additives for aircraft spare parts; (6) $90.3 million in unrequired war reserve materiel for various aircraft; (7) $79.3 million in inappropriate funding to pay back the stock fund customer merged account that resulted from underbilling customers for aircraft fuel sales; (8) $40.8 million in unrequired spare parts for the B-1B defensive avionics system and the B-2 aircraft; and (9) $11.4 million in duplicative budgeting and funding and understated disallowed buy requirements. GAO also found $92.9 million in potential rescissions to the Air Force's FY 1990 appropriated funds by eliminating the unjustified foreign military sales additive and some premature buy requirements for aircraft spare parts.
