Financing for Cancelled Account Adjustments

The program element PE 0909999A: Financing for Cancelled Account Adjustments is a specialized line item within the Army's Research, Development, Test & Evaluation (RDT&E) Management Support budget. Its primary objective is to provide financial resources necessary to resolve adjustments associated with closed or cancelled appropriation accounts. This function is critical for maintaining the integrity of Army financial management by ensuring that any outstanding obligations or corrections related to expired accounts are properly addressed.

The main goal of Financing for Cancelled Account Adjustments is to facilitate the settlement of residual financial transactions that may arise after an appropriation account has been closed. Such adjustments can include the payment of valid obligations that were not previously liquidated or the correction of accounting errors discovered after the account's expiration. The program ensures compliance with federal financial regulations and supports the Army's commitment to accurate and transparent fiscal practices.

For Fiscal Year 2024, funding is directed toward the project 900: CLOSED ACCT ADJMT-M, which is the sole project under this program element. The project's scope is limited to the execution of closed account adjustments, with no procurement of equipment, research articles, or new development activities included.

The justification for this line item stems from the need to comply with statutory requirements governing the management of federal appropriations. When accounts are cancelled, any remaining valid obligations must still be honored, and any necessary corrections must be processed. This program provides the Army with the financial flexibility to address such requirements, thereby avoiding potential violations of the Anti-Deficiency Act and other fiscal statutes.

No additional projects or sub-programs are funded under PE 0909999A, and there are no planned acquisitions or research activities associated with this line item. The budget documentation notes that there are no related program funding summaries or acquisition strategies, reflecting the administrative and compliance-driven nature of this funding. The program does not support the development, testing, or evaluation of new technologies or systems.

Adjustments to the program's funding are typically the result of reprogrammings, rather than congressional adds or reductions. For FY 2024, funding was provided through such a reprogramming, with no congressional general reductions, directed reductions, or rescissions noted. This demonstrates the Army's responsive approach to managing unforeseen financial requirements related to closed accounts.