Department of the Navy Justification of Estimates for Fiscal Year 1987 Submitted to Congress February 1986. Navy Stock Fund Marine Corps Stock Fund.
Abstract
This volume contains justification material supporting the President's fiscal year 1987 budget presentation to Congress. The Navy Stock Fund is a revolving fund established to provide secondary item material support to Navy combat forces and shore installations. The stock fund customers buy material using annual appropriated funds. These monies are then used by the stock fund to reinvest in material that is held in inventory to meet future customer demands. Beginning in FY 1983, Congress directed that inventory investment for support of new weapons systems, weapons systems with expanding populations and readiness or sustainability initiatives be financed by direct appropriations. This request supports that direction. The Marine Corps Stock Fund is a working capital fund established for the purpose of financing inventories of stores, supplies, material and equipment. Such inventories include consumable, expense-type material and relatively minor items of equipment primarily in support of the day-to-day operating requirements of Marine Corps posts, camps and stations. Marine Corps Stock Fund customers buy material utilizing appropriated funds. These monies, in turn, are used by the stock fund to reinvest in material tha is held in inventroy to meet future customer demands.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 01, 1986
- Accession Number
- ADA166537
Entities
Organizations
- Assistant Secretary of the Navy (Financial Management and Comptroller)