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 <subject>Unexpended budget balances</subject>
 <subject>Budget administration</subject>
 <subject>Budget authority</subject>
 <subject>Future budget projections</subject>
 <subject>American Dream Down Payment Fund</subject>
 <subject>Community Development Block Grant</subject>
 <subject>Housing Certificate Fund</subject>
 <subject>Public Housing Capital Fund</subject>
 <subject>Public Housing Drug Elimination Grant</subject>
 <subject>Public Housing Operating Fund</subject>
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<titleInfo>
 <title>Housing and Urban Development: Comments on HUD&apos;s Fiscal Year 2002 Budget Request</title>
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<abstract>GAO discussed the Department of Housing and Urban Development&apos;s
(HUD) fiscal year 2002 budget request. Because HUD&apos;s 2002 budget 
request was released only 2 weeks ago, GAO could only offer a	 
general discussion of its policy implications and program	 
trade-offs. GAO found that, in recent years, HUD has had	 
significant unexpended balances, making it difficult for Congress
to assess the Department&apos;s need for new appropriations. Without  
accurate and timely information about the nature, amount, and	 
availability of HUD&apos;s unexpended balances, decision-makers cannot
fully and fairly evaluate HUD&apos;s funding needs. HUD has initiated 
several short-term efforts to identify, quantify, and recapture  
some unexpended balances and has, in fact, recaptured about $3	 
billion each year between fiscal year 1998 and fiscal year 2000. 
In spite of these efforts, HUD has not yet integrated the	 
processes needed to routinely and accurately account for	 
unexpended balances into its ongoing financial, program, and	 
budget management. As a result, HUD does not have the information
it needs to (1) determine with assurance how much of th 	 
unexpended balances should be recaptured and (2) clearly factor  
these funds into its budget requests.</abstract>
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<identifier type="preferred citation">GAO-01-663T</identifier>
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<note>Testimony</note>
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 <topic>Unexpended budget balances</topic>
 <topic>Budget administration</topic>
 <topic>Budget authority</topic>
 <topic>Future budget projections</topic>
 <topic>American Dream Down Payment Fund</topic>
 <topic>Community Development Block Grant</topic>
 <topic>Housing Certificate Fund</topic>
 <topic>Public Housing Capital Fund</topic>
 <topic>Public Housing Drug Elimination Grant</topic>
 <topic>Public Housing Operating Fund</topic>
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