skip navigation
  • Ask a LibrarianDigital CollectionsLibrary Catalogs
  •    Options
The Library of Congress > Information Bulletin > February 2003
Information Bulletin
  • Information Bulletin Home
  • Past Issues
  • About the LCIB

Related Resources

  • News from the Library of Congress
  • Events at the Library of Congress
  • Exhibitions at the Library of Congress
  • Wise Guide to loc.gov

Financial Highlights

In February, the Library's independent accountant issued an unqualified "clean" audit opinion on the Library's fiscal year 2001 Consolidated Financial Statements. In addition to issuing the sixth consecutive such audit opinion, the auditors found that the Library's financial statements were presented fairly in all material respects.

The Library of Congress received a total of $525,837,000 in appropriations for fiscal 2002, which were provided by four different public laws. The Legislative Branch Appropriations Act of 2002 (Public Law 107-68, signed by the president on Nov. 12, 2001) appropriated $486,762,000, including authority to spend $34,714,000 in receipts. Of amounts appropriated to the Architect of the Capitol under the 2001 Consolidated Appropriations Act (Public Law 106-554, signed by the president on Dec. 21, 2000) $1,390,000 was transferred to the Library to enhance physical security. The Department of Defense and Emergency Supplemental Appropriations Act of 2002 (Public Law 107-117, signed by the president on Jan. 10) appropriated $30,185,000 to the Library to respond to the terrorist attacks on the United States and the Capitol Hill anthrax incident. The Supplemental Appropriations Act of 2002 for Further Recovery From and Response To Terrorist Attacks on the United States (Public Law 107-206, signed by the president on Aug. 2) appropriated an additional $7.5 million to the Copyright Office to make up for lost receipts due to the anthrax incident.

The total $39.1 million that the Library received in emergency supplemental funding in fiscal 2002 also supported new and expanded security-related activities such as revised mail processing procedures and the establishment of an off-site alternative computer center to secure the Library's electronic resources. This supplemental funding was in addition to funds provided in other legislative branch agencies' budgets that also supported Library-related projects (e.g., the Architect's budget).

Back to February 2003 - Vol 62, No.2

About | Press | Site Map | Contact | Accessibility | Legal | USA.gov