WORLDWIDE GOVERNMENT PERSONALTY Agency or department: Executive, legislative, and judiciary offices, agencies, and establishments of the U.S. Government, including certain financial assets of the Department of Defense, and the Corps of Engineers, civil functions... Department of Defense (personalty). Corps of Engineers, civil functions (personalty) Grand total.... $100, 393, 531 143, 714, 000 311, 000 244, 418, 531 17 TREASURY DEPARTMENT Washington, D.C. SUMMARY STATEMENT The chairman of the Committee on Government Operations, House of Representatives, in a letter dated January 26, 1966, to the Secretary of the Treasury, requested data as of June 30, 1966, on personal property of Government departments and agencies. These data have been requested by the committee each year since 1956 with the exception of fiscal year 1965. Supplement No. 1 (revised) dated June 16, 1965, to Treasury Department Circular No. 966, requires all agencies not reporting under Circular No. 966 to submit financial statements as of June 30 of each fiscal year. All agencies furnishing statements of financial condition to the Treasury did so with complete cooperation and assistance. These reports enabled the Treasury to prepare the "Statement of Personal Property of the U.S. Government" shown in part III and a statement on "Related Real Property of Selected Agencies, Other Than Defense" shown in part VI of this report. As in the past, the greater part of the asset reports of the legislative branch, the judiciary, and the Department of Defense, were sent directly to the House committee. By mutual agreement, the amounts reported directly to the committee by the legislative branch and the judiciary, and certain personal property items reported by the Department of Defense directly to the Treasury, are included in this section of the report. In addition to the comparative summaries that follow, overall summaries that contain public domain, donated property, and other real property have been prepared and are included in part II of this report. Comparative figures on personal property of the U.S. Government (excluding the greater part of the Department of Defense shown elsewhere in this report) as of June 30, 1966 and 19641 NOTE. All assets herein reported are shown in gross amounts with no deductions for allowances for losses or depreciation. Only wholly Government-owned corporation assets and other wholly owned assets are included. Assets under trust arrangements and interagency assets, including public debt securities, are excluded. The assets are in the main valued at acquisition cost (known or estimated). As shown in the above summary, total personal property inventories increased during the fiscal years 1965 and 1966 by a net amount of $5,459 million. The largest increase occurred in cash on hand and in banks amounting to $1,906 million represented by an increase of $1,372 million in the cash balance of the Treasurer of the United States and an increase of $534 million in other cash balances. Other major increases in asset classifications were as follows: Investments, $1,633 million; accounts and notes receivable, $1,003 million; loans receivable, $1,370 million, this amount being analyzed by type of loan in a summary table below; and machinery and equipment, $1,114 million. Decreases in personal property inventory occurred in commodities for sale in the amount of $1,239 million, and materials and supplies, $869 million. STATEMENT OF PERSONAL PROPERTY OF THE U.S. GOVERNMENT AS OF JUNE 30, 1966 Personal property of the U.S. Government as of June 30, 1966 (excluding the greater part of the Department of Defense shown elsewhere in this report)-Summary statement [In thousands of dollars] $130, 000, 000 Direct loans to veterans and reserves. 768, 700,000 206, 300, 000 Subtotal.. Grand total. 78,768 13, 631, 357 7,579, 011 0116, 185 2 Includes foreign currency loans amounting to $4,808,512,325 (see footnote 3). 4 Excludes $855,245,723 representing loans financed by the sale of certificates of interest Includes certain figures on personal property for the Department of Defense not Has been reduced by participation certificates issued under trust agreements by the Federal National Mortgage Association: Small Business Administration.... 'Includes judgments of $290,795,894 in favor of the United States transferred from other Does not include the principal of World War I debt accounts amounting to Includes World War I indebtedness of Finland amounting to $4,892,000. Does not 10 Excludes $1,385.005,723 representing loans financed by the sale of participation cer- NOTE. All assets herein reported are shown in gross amounts, with no deductions for Source: Furnished by the Treasury Department. |