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Secretary of Labor Thomas E. Perez
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DOL Annual Report, Fiscal Year 2006
Performance and Accountability Report

Management's Discussion & Analysis

Executive Summary

Introduction

This report, prepared in accordance with the Reports Consolidation Act of 2000, presents the results of the Department of Labor's (DOL) program and financial performance for FY 2006. It is divided into four sections:

  • The Secretary's Message is a letter from the chief executive that identifies the Department's "bottom line" at the mission level. It includes highlights of achievements for the year and communicates direction and priorities.
  • Management's Discussion and Analysis (MD&A) introduces the Department's mission, vision and organization, summarizes program and financial performance, and addresses major management challenges. The MD&A also reports on President's Management Agenda implementation and Program Assessment Rating Tool reviews.
  • The Performance Section narratives and graphic presentations of program results assess progress in achieving the Department's goals as presented in the Strategic Plan and Performance Budget.
  • The Financial Section demonstrates our commitment to effective stewardship over the funds DOL receives to carry out the mission of the Department, including compliance with relevant financial management legislation. It includes the Independent Auditors' Report — an independent opinion on the Financial Statements; Top Management Challenges Facing the Department of Labor — a report by the Office of Inspector General (OIG) on the Department's most serious management and performance challenges; and the Annual Financial Statements.

In addition, five Appendices supplement the performance and financial sections by providing detailed performance information, summaries of significant audits and evaluations, additional information on improper payments reduction, a list of acronyms and a list of Web sites featuring labor programs and issues.

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