U.S. Geological Survey Instructional Memorandum
No. OFM 2000-06
Date: August 17, 2000
Subject: Managing Unliquidated Obligations
Audit findings for the last two fiscal years indicate we must improve our management of unliquidated obligations. The Office of Inspector General estimated that we had $9 million of unliquidated obligations that should have been deobligated at the end of last fiscal year. To avoid a repeat of that occurrence, and to exercise our fiscal responsibilities, it is imperative that each cost center performs a detailed review of current and prior year unliquidated obligations. Attached are guidelines to assist in this review.
If you have any questions concerning this instructional memorandum, please contact Brenda Fulk at (703) 648-7654 or bfulk@usgs.gov.
/s/ John J. Blickley, Acting Chief
Office of Financial Management