Squatch
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Thu Sep-22-05 01:45 PM
Original message |
Wonderful, we're in the end-of-year spending cycle... |
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Edited on Thu Sep-22-05 01:46 PM by Squatch
With 8 days remaining in this fiscal year, my organization finds itself in possession of money that was budgeted for, but not spent, over the course of the last year.
Due to federal guidelines, all funds not spent by COB 30 Sep will be ceded. Additionaly, if this organization does not spend every last penny, it will be harder for it to justify the same budget next year, and will, therefore, receive less money.
So, with a few hundred thousand dollars remaining, a number of the government GS employees have scheduled themselves to attend a conference at Camp Smith, Hawaii.
This system lends itself to outright fraud, waste, and abuse.
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electropop
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Thu Sep-22-05 01:49 PM
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1. I'm contracting at DHS |
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so there's no worry about extra money at end-of-year. My department is busy deciding which vitally important security projects to shitcan due to lack of funds.
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seemunkee
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Thu Sep-22-05 02:01 PM
Response to Original message |
2. Our company does procurement software for the gov |
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We say amazing amounts of activity this time of year.
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DU
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Fri May 10th 2024, 08:10 AM
Response to Original message |