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Old July 11th, 2016, 07:57 PM
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Default Re: AFMC Working Capital Fund

The Defence Business Operations Fund (DBOF) was a DoD-wide revolving fund established in 1991 by consolidating the Services and Defense Logistics Agency (DLA) stock and industrial revolving funds.

Objectives :

Provide a more effective means for controlling the costs of goods and services required to be produced or furnished by government activities

and a more effective and flexible means for financing, budgeting, and accounting for the associated costs.

Create and recognize contractual relationships between DWCF activities and those activities that budget for and order the end products and services.

Provide managers of DWCF activities the financial authority and flexibility required to procure and use manpower, materials, and other resources effectively.

Encourage more cross servicing among DoD components and their operating agencies with the aim of obtaining more economical use of facilities.

Facilitate budgeting and reporting the costs of end products. This will underline the cost consequences of choosing between alternatives.

The working Capital Fund of the year 2010.11,12 is as follow :

Dollars in Millions FY 2010 FY 2011 FY 2012
Beginning of Period, Cash 1,457.8 3,018.0 3,149.9
Disbursements 47,044.5 49,228.5 49,068.6
Collections 48,056.9 48,852.6 48,157.7
Net Outlays -1,012.4 375.9 910.9
Direct Appropriation
FY 2010 Non-Fuel 38.5
FY 2011 Non-Fuel 39.4
FY 2012 Non-Fuel 31.6
Supplemental Appropriation
FY 2010 DoD Received 469.3
FY 2011 DoD OCO Request 468.4
FY 2012 DoD OCO Request 368.7
FY 2010 from Air Force 40.0
End of Period, Cash 3,018.0 3,149.9 2,639.3

Defence Working Capital Fund

For more details please Consider the below Attachement that is Free to Download
Attached Files Available for Download
File Type: pdf Defence Working Capital Fund .pdf (1.57 MB, 19 views)
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