Department of the Navy FY 1998/1999 Budget Estimates. Justification of Estimates, Navy Working Capital Fund.
Abstract
Department of the Navy (DoN) revolving fund organic industrial and supply facilities became financial components of the Defense Business Operations Fund (DBOF) in FY 1991. In December, 1996, the Under Secretary of Defense (Comptroller) (USD(C)) approved the formation of separate working capital funds for each of the Military Departments and for the Department of Defense (DoD). This budget incorporates the transformation of DoN DBOF facilities to Navy Working Capital Fund (NWCF) entities during FY 1997 execution. The NWCF is projected to be the largest of the Military Departments' working capital funds and employs approximately half of the DoN's civilian personnel. There are nine NWCF activity groups which can be separated into seventeen sub-activity groups.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 01, 1997
- Accession Number
- ADA322075
Entities
Organizations
- United States Department of the Navy