Cancelled Accounts

The CAADJS - Cancelled Accounts line item in the Air Force's Fiscal Year 2026 Missile Procurement budget serves a specific financial management function within the Department of Defense (DoD) budget structure. This program is not associated with the procurement of new missiles, research and development, or direct support of weapon systems. Its primary objective is to address the administrative and legal requirements related to cancelled or closed budget accounts, ensuring the proper disposition of residual obligations or adjustments that may arise after the formal closure of appropriations.

The goals of the Cancelled Accounts line item are centered on compliance with federal financial regulations and stewardship of public funds. When appropriations for missile procurement expire and are subsequently cancelled, there may still be outstanding obligations, refunds, or adjustments that need to be processed. This line item provides the necessary funding to resolve these residual financial transactions, thereby maintaining the integrity of the Air Force's accounting records and ensuring that all legal requirements are met.

Within the Air Force, the management of cancelled accounts is typically overseen by financial management and comptroller offices. These agencies are responsible for tracking, reconciling, and processing any adjustments that occur after an account has been cancelled. The objective is to prevent any unauthorized expenditures and to ensure that any remaining liabilities are settled in accordance with federal law and DoD policy.

The budget request for the CAADJS - Cancelled Accounts line item reflects the anticipated need to cover any outstanding obligations or adjustments associated with previously cancelled missile procurement appropriations. In subsequent years, including FY 2025 and FY 2026, no additional funding is requested, indicating that the requirements for this function are expected to be minimal or have been addressed in prior years.

This line item does not support procurement quantity, initial spares, or weapon system unit costs. The resource summary confirms that the line item is strictly for financial adjustments and does not contribute to the acquisition or sustainment of missile systems. The absence of related program elements and MDAP/MAIS codes further underscores its administrative nature.

Justification for the Cancelled Accounts line item is rooted in the need for sound financial management and compliance with statutory requirements. The existence of this budget line ensures that the Air Force can properly close out appropriations, resolve any outstanding financial issues, and avoid audit findings or penalties associated with improper account closure. This function supports transparency and accountability in the DoD's budget execution process.