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Department of Energy: Status of Carryover Balances in the Energy Conservation Program

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Report Type Reports and Testimonies
Report Date Feb. 11, 1999
Report No. T-RCED-99-82
Subject
Summary:

Carryover balances are essentially funds from prior fiscal years that the Department of Energy (DOE) has either not obligated for a specific purpose or has obligated but not spent. Although some carryover balances are necessary to transition a program from one fiscal year to the next, GAO has reported in recent years that some DOE programs had carryover balances that were larger than necessary and could be potentially available to reduce DOE's budget requests. This testimony discusses the level of carryover balances held by the Energy Conservation Program and the trend of these balances since fiscal year 1997. GAO also discusses its methodology for determining the amount of carryover balances that may be available to reduce DOE's budget requests and how it differs from the methodology used by DOE.

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