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September budgeting surprises: Scarcity or surplus?

GPS III SV01 in electromagnetic interference, compatibility and passive intermodulation testing. (Photo: Lockheed Martin)
GPS III SV01 in electromagnetic interference, compatibility and passive intermodulation testing. (Photo: Lockheed Martin)

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Halloween may occur in October for the civil and commercial population, but for the U.S. government (USG) all the craziness of the spooky season starts in earnest in September. The end of the USG's fiscal year (FY) ends the last day of September, and Oct. 1 is a whole new ballgame from a monetary and budgeting perspective.

All the machinations begin: balancing budgets, ensuring monies have been fully allocated and spent, determining surplus funds and figuring out what programs need additional year-end funds.

Certainly the process begins far in advance of September, but the last 30 days of the FY are historically…

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