Uniform Cotton Classing Fees Act of 1987: Hearing Before the Subcommittee on Cotton, Rice, and Sugar of the Committee on Agriculture, House of ... Congress, First Session (Classic Reprint) - Couverture rigide
Synopsis
Excerpt from Uniform Cotton Classing Fees Act of 1987: Hearing Before the Subcommittee on Cotton, Rice, and Sugar of the Committee on Agriture, House of Representatives, One Hundredth Congress, First Session
Even with this 3 cent fee increase, resulting revenues will be in adequate to class the 1987 crop at normal levels of service. Indeed, if a significant portion of this year's potential crop production is lost to any natural disasters, there would not be sufficient funds to class the entire cotton crop at any level of service.
This financial problem is exacerbated because classing fees are not collected from producers until the end of each ginning season. Therefore, within our cotton classing program, we have an annual negative cash flow during the period between the rendering of our classing services and the actual collection of the fee. An annual carryover, or operating reserve, of approximately $6 million is needed to cover that negative cash-flow period which reaches that $6-million level during the months of November and December.
In effect, the Department's cotton classing program presently confronts the same financial predicament this season as it did at the start of the 1986 cotton classing year - that is, a user fee that is inadequate to cover the cost of our program.
There is, however, one critical difference this year. We do not have an operating reserve to get through the upcoming crop year. Accordingly, this month, cotton growers and ginners were notified of an upcoming reduction of classing services for the 1987 crop so that we may deal with the current Situation in a financially re sponsible manner.
This reduction will entail, at the minimum, the avoidance of overtime pay through the elimination of all Saturday and Sunday classing work, and the reduction of travel and per diem expenses by eliminating the movement of seasonal classers between offices.
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Uniform Cotton Classing Fees Act of 1987 (Classic Reprint)
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Paperback. Etat : New. Print on Demand. This book critically examines the Uniform Cotton Classing Fees Act of 1987 and its impact on the cotton industry. The author provides a comprehensive analysis of the historical context and thematic depth of the act, exploring its significance within the broader framework of agricultural policy and economic regulation. Through a meticulous examination of primary sources and expert insights, the book unravels the complexities of cotton classification, highlighting the challenges faced by producers, consumers, and policymakers alike. The author delves into the nuances of fee structures, quality control measures, and the interplay between government oversight and industry self-regulation. Ultimately, this book offers a valuable contribution to the understanding of agricultural economics and the intricate web of factors that shape the cotton industry. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9780265066935_0
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Uniform Cotton Classing Fees Act of 1987: Hearing Before the Subcommittee on Cotton, Rice, and Sugar of the Committee on Agriculture, House of Representatives, One Hundredth Congress, First Session (Classic Reprint)
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PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9780265066935
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Uniform Cotton Classing Fees Act of 1987: Hearing Before the Subcommittee on Cotton, Rice, and Sugar of the Committee on Agriculture, House of Representatives, One Hundredth Congress, First Session (Classic Reprint)
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PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9780265066935
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