JUNE BUYING

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80B01676R000400150037-4
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 2
• Document Creation Date: December 14, 2016
• Document Release Date: December 18, 2002
• Sequence Number: 37
• Publication Date: July 29, 1965
• Content Type: MF

Approved For Release 2003/05/05 : CIA-RDP80B01676R000400150037-4
THE WHITE HOUSE
Washington
July 29, 1965
MEMORANDUM FOR
FROM
ABOUT
THE CABINET
HEADS OF AGENCIES
Horace Busby
Special Assistant to the President
June Buying
On May 18, the President asked each Department and Agency head
to cooperate in a concerted effort to discourage and prevent the practice
of accelerated spending in the last month of the fiscal year to use up
appropriated funds -- i. e. , the practice commonly called "June Buying.
The President wants you -- and your employees -- to know that the
initial reports from the Bureau of the Budget indicate your efforts were
successful beyond previous precedent or prior expectations. He also
asked that you convey to the responsible officials within your Department
or Agency his personal appreciation for their assistance and effectiveness
in complying with the objectives set forth in his June Buying memorandum.
The preliminary results reported to the President by the Bureau of
the Budget on. spending in. June reflect the following:
1. June expenditures this year were $159 million less than
June spending a year ago.
2. A total of 28 agencies had decreases in spending this June
compared with. June 1964.
3. It is expected that unused fund balances will exceed $1. 3
billion for fiscal year 1965 compared with $108 million for
fiscal year 1964.
The President is especially pleased with the ingenuity, imagination
and close personal supervision applied by many agencies to break the
habit of June Buying. Especially noteworthy are these typical examples:
-- The Agency for International Development required each
domestic office head to approve personally and have a written
justification for all purchases in excess of $500.
-- The Department of Commerce issued instructions calling
for an intensive screening of all requisitions for supplies,
materials, and equipment. As a result, over 200 requisitions
were cancelled,
-- The Department of Justice held its orders of supplies and
equipment in June 1965 to 1, 348, 000 compared with $2, 243, 000
in June 1964 -- a reduction of 40%. The June 1965 orders for
supplies and equipment were also considerably below the planned
average of about $2, 000, 000 a month in fiscal year 1965.
-- The General Services Administration stores sales for June
1965 (to the various departments and agencies) were some $3. 3
million -- or more than 10% -- below expected sales based on
experience of the previous five years.
'dppr6ed. 0--r Release 2003/05/05 : CIA-RDP80B01676R000400150037-4
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Approvor Release 2003/05/05 : CIA-RDP80,I,1676R000400150037-4