The Government Accountability Office (GAO) today issued the following Decisions and Opinions of the Comptroller General:
B-316372, Denali Commission--Overobligation of Apportionment,
October 21, 2008
The Denali Commission incurred an obligation for the amount of a grant to the Alaska Department of Commerce, Community and Economic Development when it transmitted its Financial Assistance Award to the Alaska Department on August 27, 2005. The Commission did not violate the Antideficiency Act because it had sufficient funds available for the grant at the time it incurred the obligation; however, the Commission failed to record the obligation in accordance with the recording statute, 31 U.S.C. sect. 1501(a).