Author: Blake M. Schmidt
Publisher: Nova Science Publishers
Published: 2013
Total Pages: 0
ISBN-13: 9781626188105
DOWNLOAD EBOOK →Federal Aviation Administration (FAA) programs and activities are funded under four broad budget accounts: operations and maintenance (such as air traffic control and aviation safety functions); facilities and equipment (such as control towers and navigation beacons); grants for airport improvements under the airports improvement program (AIP); and civil aviation research and development conducted by the Department of Transportation (DOT), including the Essential Air Service Program that subsidises airline service to certain small and isolated communities. These programs are funded primarily through a special trust fund, the Airport and Airways Trust Fund (AATF), and in part, through general fund contributions. This book provides an overview of the FAA and DOT civil aviation programs addressed in the FAA Modernization and Reform Act of 2012, enacted on February 14, 2012, which authorises AATF taxes and revenue collections and civil aviation program expenditures through fiscal year 2015.
Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Aviation
Publisher:
Published: 2006
Total Pages: 68
ISBN-13:
DOWNLOAD EBOOK →Author: U S Government Accountability Office (G
Publisher: BiblioGov
Published: 2013-06
Total Pages: 24
ISBN-13: 9781289070472
DOWNLOAD EBOOK →GAO assisted the Department of Transportation determine whether the net excise tax revenue distributed to the Airport and Airway Trust Fund (AATF) for fiscal year 2000 was supported by the underlying records. GAO agreed to (1) perform detailed tests of transactions that represent the underlying basis of amounts distributed to AATF, (2) review the Internal Revenue Service's (IRS) quarterly AATF certifications, (3) review the Department of the Treasury Financial Management Service adjustments to AATF for FY 2000, (4) review the Office of Tax Analysis process for estimating amounts to be distributed to AATF for the fourth quarter of FY 2000, (5) compare net excise tax distributions to AATF during FY 2000 and amounts reported in the financial statements prepared by the Bureau of the Public Debt for AATF and the Federal Aviation Administration's consolidated financial statements, and (6) review key reconciliations of IRS records to Treasury records.
Author: United States. General Accounting Office
Publisher:
Published: 1985
Total Pages: 78
ISBN-13:
DOWNLOAD EBOOK →Author: U S Government Accountability Office (G
Publisher: BiblioGov
Published: 2013-06
Total Pages: 32
ISBN-13: 9781289106720
DOWNLOAD EBOOK →Pursuant to a legislative requirement, GAO reviewed whether the net excise tax revenue distributed to the Airport and Airway Trust Fund (AATF) for the fiscal year (FY) ended September 30, 1998, is supported by the underlying records. GAO noted that: (1) this engagement to apply agreed-upon procedures was performed in accordance with standards established by the American Institute of Certified Public Accountants (AICPA); (2) the procedures GAO agreed to perform included: (a) detailed tests of transactions that represent the underlying basis of amounts distributed to AATF; (b) review of Internal Revenue Service's (IRS) quarterly AATF certifications; (c) review of the Department of the Treasury Financial Management Service adjustments to AATF for FY 1998; (d) review of the Office of the Tax Analysis process for estimating amounts to be distributed to AATF for the fourth quarter of FY 1998; (e) comparison of net excise tax distributions to AATF during FY 1998 and amounts reported in the financial statements prepared by the Bureau of Public Debt for AATF and the Federal Aviation Administration's consolidated financial statements; and (f) review of key reconciliations of IRS records to Treasury records; (3) GAO was not engaged to, and did not, perform an audit, the objective of which would be the to, and did not, perform an audit, the objective of which would be the expression of an opinion on the net taxes distributed to AATF; (4) accordingly, GAO does not express such an opinion; (5) GAO completed the agreed-upon procedures on February 12, 1999; (6) in performing the agreed-upon procedures, GAO conducted its work in accordance with generally accepted government auditing standards, which incorporate financial audit and attestation standards established by AICPA; and (7) these standards also provide guidance when performing and reporting the results of agreed-upon procedures.
Author: United States. General Accounting Office
Publisher:
Published: 1996
Total Pages: 16
ISBN-13:
DOWNLOAD EBOOK →Author: United States. Congress. House. Committee on Ways and Means
Publisher:
Published: 2009
Total Pages: 64
ISBN-13:
DOWNLOAD EBOOK →Author: United States Senate
Publisher:
Published: 2019-11-30
Total Pages: 66
ISBN-13: 9781713330417
DOWNLOAD EBOOK →FY 2007 Federal Aviation Administration (FAA) budget and the long-term viability of the Airport and Airway Trust Fund (AATF): hearing before the Subcommittee on Aviation of the Committee on Commerce, Science, and Transportation, United States Senate, One Hundred Ninth Congress, second session, March 28, 2006.