Air Force Working Capital Fund: Budgeting and Management of Carryover Work and Funding Could Be Improved

Abstract

AFWCF relies on sales revenue rather than regular appropriations to finance its continuing operations. AFWCF is intended to (1) generate sufficient resources to cover the full costs of its operations and (2) operate on a break-even basis over time-that is, neither make a gain nor incur a loss. Customers use appropriated funds, primarily operations and maintenance appropriations, to finance orders placed with AFWCF. AFWCF includes a maintenance division that provides the Air Force with the in-house industrial capability to repair and overhaul a wide range of weapon systems and military equipment. The Air Force maintains three ALCs which are designed to retain, at a minimum, a ready, controlled source of technical competence and resources to meet military requirements. Table 1 describes the locations and principal work for each ALC.

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Document Details

Document Type
Technical Report
Publication Date
Jul 01, 2011
Accession Number
ADA545182

Entities

People

  • Asif A. Khan
  • Greg Pugnetti
  • Hal Santarelli
  • Keith Mcdaniel
  • Steve Donahue

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Air Platforms
  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Air Force
  • Air Force Facilities
  • Aircrafts
  • Business Administration
  • Civilian Personnel
  • Congress
  • Department Of Defense
  • Employment
  • Financial Management
  • Intercontinental Ballistic Missiles
  • Logistics
  • Maintenance
  • Management Personnel
  • Military Equipment
  • Supply Chain
  • Supply Chain Management
  • United States Government

Readers

  • Aerospace logistics and air mobility.
  • Government Contracting/Procurement.
  • Logistics and Supply Chain Management.