ARCHIVED INFORMATION -- Financial Management Status Report & Five-Year Plan - October 1996
Implementation Costs of the 5-Year Plan
Initiatives identified in this plan have been developed using realistic assessments of the costs to implement them and the anticipated funding availability.
Availability of Resources
The ability of the Department to complete the initiatives detailed in this plan is based on the current availability of resources both in the form of funding and FTE allocations. The future availability of resources may require ED to further prioritize the activities to be undertaken and thus impact the timing of their implementation.
Many of the activities identified to accomplish this plan are based on the requirements of current or anticipated legislation as well as sound business and financial management practices. Unanticipated changes in future legislation may require the modification of the initiatives within this plan.
[Credit Management/Debt Collection]