Budget and Financial Management Improvements to the Nuclear Waste Fund (NWF)

The paper discusses issues and options for improving the budgeting and financial management
of the Nuclear Waste Fund (NWF). The issues and options would facilitate implementation of
any changes in program scope and content, or any changes in organization and management
structure. .
The three issues for possible administrative action include:
1. Instituting financial management enhancements to foster multi-year budgeting and
appropriations; combined accrual and cash budgeting; and separate capital budgeting;
2. Applying the dual accrual/cash accounting and budgeting process for collecting the
annual 1 mil (0.1 cents) per kWh annual fee, with the timing of cash collections linked
to appropriations and outlays; and
3. Administratively reclassifying the NWF annual fees as budget offsetting collections, so
that funds appropriated are the used/spent nuclear fuel management can be scored on a
net zero basis for purposes of compliance with Congressional spending caps.