Managing Federal Aid Using Microcomputersby William E. Frantz, Wisconsin DOT, Madison, WI, USA,
David W. Dettmann, Wisconsin DOT, Madison, WI, USA,
Abstract: Wisconsin's federal aid for highway improvement is about 225,000,000 annually. The obligation authority (the ability to spend the federal aid) is limited to an estimated 162,000,000 for fiscal year 1986. Federal administrative policies with more detailed controls further complicate the highway program, making fiscal management more difficult each year. With the advent of microcomputers and the LOTUS 1-2-3 software package, the department staff has developed two computer models which substantially improve the financial Forecasting, Implementation, And Monitoring of the highway program. The models presented here begin with the estimates of federal aid apportionments anticipated to be received by the department and are used to develop the state's budget appropriation requests and a federal obligation plan for each annual fiscal period.
Subject Headings: Federal government | Computer models | Computers | Financial management | Computer aided operations | Forecasting | Highways and roads | Wisconsin | North America | United States
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