DOD ended FY-15 with $93.8 billion in prior-year unobligated balances

By Jason Sherman / October 28, 2015 at 4:43 PM
The Defense Department ended fiscal year 2015 with a total of $93.8 billion in unobligated funds from prior years, a newly tallied figure likely of interest mostly to budget technocrats -- but a sum that could take on significant importance for weapon system programs should the newly minted FY-16 to -17 budget agreement somehow fail to be enacted. The Pentagon's unobligated balances shifted in recent years from being an esoteric part of DOD's financial management to a pivotal role in...

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