86th CPTS closes out fiscal year Published Oct. 5, 2012 By 2nd Lt. Kay M. Nissen 86th Airlift Wing Public Affairs RAMSTEIN AIR BASE, Germany -- The 86th Comptroller Squadron closed out fiscal year 2012 at midnight Sept. 30 here. The budget office found this year's closeout was trouble-free while funding the largest wing budget for U.S. Air Forces in Europe. "The closeout was pretty quiet for us," said 1st Lt. Lyka Olsen, 86th CPTS Financial Analysis flight commander. "This is a good thing because we didn't have any surprises - our team leads were aware of all the projects and were able to execute. Teaming with 700th CONS, resource advisors, commanders, cost center managers and government purchase card holders made the end-of-year closeout a great success." The 86th CPTS provides budget and accounting support to three wings and 75 geographically separated units and funded over 200 projects. All projects met the fiscal year goals to protect readiness, reduce overhead costs and apply improvement to force structure and modernization. "We've funded the dormitory project for $4.3million that will improve the quality of life for our Airmen," said Sarah Bertolucci, civil engineering analysis team lead. As the Air Force looks to fiscal year 2013, the President has signed the FY13 Continuing Resolution, which funds the government for a six month period. The President's budget request balances across all mission areas while retaining Air Force core capabilities. Specifically, Air Force finance seeks to rebalance force structure, preserve readiness, modernize the next generation, maximize constrained resources, and protect core support programs. "Ultimately, with fiscal constraints in FY13, 86th CPTS will ensure that the mission of the 86th AW, 435th AGOW and supported GSUs are properly resourced while upholding our responsibility to America's taxpayers," Olsen said. For more information on financial management in the Air Force, visit http://www.saffm.hq.af.mil/.