![]() While the FBFs balance has increased, various factors have limited the funds income. However, GSA, through the annual Presidents Budget Request, has sought less obligational authority than the balance available in the fund. Office of Management and Budget (OMB) staff and GSA officials stated that if GSA were able to spend all of the funds collected by the FBF each year, these funds would generally be sufficient to fund GSAs needs. In the last 2 years, Congress has provided fewer resources than requested by the executive branch and generated by the FBF. ![]() ![]() More information about this report can be viewed below.Ī letter report issued by the Government Accountability Office with an abstract that begins "The Federal Buildings Funds (FBF) balance has increased from $56 million in fiscal year 2007 to $2.2 billion in fiscal year 2012 primarily due to the growing difference between the resources provided to the FBF and the General Services Administrations (GSA) use of these funds as determined through the budgeting and appropriations process. Was provided by the UNT Libraries Government Documents Department Office of Management and Budget (OMB) staff and GSA officials stated that … A letter report issued by the Government Accountability Office with an abstract that begins "The Federal Buildings Funds (FBF) balance has increased from $56 million in fiscal year 2007 to $2.2 billion in fiscal year 2012 primarily due to the growing difference between the resources provided to the FBF and the General Services Administrations (GSA) use of these funds as determined through the budgeting and appropriations process.
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