2.3: Property
Manage Property Effectively Other Information:
The Federal government owns over one million assets across the country, making it the largest property owner in the United
States. However taxpayer dollars are wasted each year on maintaining properties the government no longer needs to effectively
support agency missions. The Administration is committed to transforming how the government works and deliver a government
that is smarter, more effective, and more efficient. To achieve this goal, the Administration has taken several steps to improve
the management of Federal real property. * Cost Savings of Operating Government Property. In June 2010, the President directed
Federal civilian agencies to achieve $3 billion in savings through reducing annual operating costs, generating income through
disposing of assets, and using existing real property more effectively by consolidating existing space, expanding telework,
and other space realignment efforts. * Fiscal Year 2012 Budget Proposal. Within his fiscal year 2012 Budget, the President
introduced a transformative proposal to significantly reduce and realign our Federal civilian real property inventory. The
proposal will cut bureaucratic red tape, resolve longstanding competing stakeholder interests, and help address the financial
challenges that hinder efforts to realign and consolidate Federal real property. * Civilian Property Realignment Act. The
Administration transmitted to Congress a legislative proposal entitled the “Civilian Property Realignment Act.” The bill expands
on the fiscal year 2012 Budget proposal. The purposes of the bill are to expedite the disposal, consolidation, and realignment
of unneeded property to realize savings, sustainability and reduce the deficit.
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