Defense Finance & Accounting Services Facilities May Close
Last week the Pentagon released a preliminary list of military bases being recommended for closing including 33 major bases. The plan would save $48.8 billion over 20 years. The closures and downsizings would take place over a six-year period beginning in 2006.
Two of the facilities recommended for closure and consolidation are the Defense Finance and Accounting Services (DFAS) in Orlando, Florida and Rome, New York. The facilities are scheduled for closure along with 20 or so other DFAS facilities across the country in an effort to create four "super-centers." The plan would result in more effective handling of military and military contractor payrolls as well as travel vouchers.
The Orlando DFAS facility employs 209 people. Two hundred of them are civilians. The Rome DFAS facility employs more than 300 people. The economic impact of the Rome DFAS is not limited to, an $18.9 million payroll.
Both DFAS facilities are on the preliminary closure recommendation list
issued May 13. The recommendations now go before the Base Realignment and Closure Commission. Any modifications to the proposed closure list must be made by September 8, 2005, when the final list is scheduled to be presented to President Bush.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.