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I came across a similar thing in the 90s; one department had an expensive piece of equipment with a three year lifespan. They weren't allowed to amortise that,
by coremoff 7y ago
I came across a similar thing in the 90s; one department had an expensive piece of equipment with a three year lifespan.
They weren't allowed to amortise that, and any budget increase every three years would have been denied, so they had to include the whole replacement cost in every budget, and find ways of spending that money every year, or lose it.
- krick 7y agoUh, I mean, of course I don't know any better than you, but I think parent wasn't entirely serious... obviously. Was he?
- blackearl 7y agoI have zero proof of this, but I've heard of the US Navy having jets fly out, dump fuel, and come back to refuel minutes later, just to fill out a budget. Lose it or lose it is not uncommon unfortunately
- Filligree 7y agoHe was absolutely serious. It's complete nonsense, of course, but this is also reality.