This statement contains accounting standards for Federally owned property, plant, and equipment (PP&E); deferred maintenance on PP &E; and cleanup costs. Each standard is summarized below. Property, ...

Deferred maintenance used to be a quiet line item in a budget spreadsheet. Now it is reshaping which homes sell, which buildings qualify for financing, and how buyers judge value in a tight market. As ...

The vast National Park System has an enormous maintenance backlog—nearly $12 billion in unfulfilled repairs or tune-ups. Policymakers should address this backlog, but must also take fiscal and ...

Ideally, for each cell in the responsibilities matrix there is a budget line item to which the FSM requirement can be compared. The difference between FSM-generated requirements and annual sustainment ...