of the increase in personnel, authorization was obtained to keep
#75,000.00 cash on hand.
additional increases in personnel necessi-
tated further authorization to keep 3125,000.00 cash on hand.
Because
of the distance from the Finance Office to the depository (approximately
2800 miles) it was necessary to arrange to have Postal and Army Exchange
cash receipts turned over to the Finance Officer and Treasury Checks
issued by the parent Disbursing Office.
This resulted in a lapse of
some ten to fifteen days in the rendition of reports and returns by
the Postal Officer and the Army ixchange Cfficer but eliminated the
necessity of frecuent trips to the depository for funds with which
to make payments.
The payment of all enlisted pay rolls and Officers' pay and
allowance accounts were accomplished on time each month,
Comparative Statement of expenditures by month from 2lst to 20th:
21 December 1947 to 20 Januery 1948
2 118,270.84
21 January 1948 to 20 February 1948
137,610.55
21 February 1948 to 20 March 1948
139,902.86
21 March 1948 to 20 April 1948
156,860.87
Total expenditures (4 months)
$ 552,645.12
The above does not include payments by check made by the parent
Disbursing Office to personnel of the Island Command at Lniwetok.
RECOMMENDATIONS:
It is recommended that, should a similar operation
be undertaken at some future date at a great distance from a Depository
as is this one, there be established an accountable Disbursing Office
in order that official business might be transacted more expeditiously.
Section VIb
36