Navy Working Capital Fund - DON FM&C Website

DEPARTMENT OF THE NAVYNAVY WORKING CAPITAL FUNDTRANSPORTATION‐MILITARY SEALIFT COMMANDNARRATIVEFISCAL YEAR (FY) 2012 BUDGET ESTIMATESFEBRUARY 20102. Special Mission Ships (SMS): Provides unique seagoing platforms, operation of Navy CommandShips, and contracted Harbor Tugs.3. Afloat Propositioning Force ‐ Navy (APF‐N): Deploys advance materiel for strategic lifts for theMarine Expeditionary Forces.Significant Changes FY 2011 to FY 2012:NFAF – A full year operating status for T‐AKE 11 USNS WASHINGTON CHAMBERS will beexecuted, offset by the deactivation of T‐AE 32 USNS FLINT, T‐AE 35 USNS KISKA and T‐AE 33USNS SHASTA.SMS – One TAGS‐60 Class will be activated, offset by One TAGS‐51 that will be deactivated.Workload is reduced by CNIC PORT OPERATIONS Contract Support.APF‐N– A full year of operation for T‐AKE‐12 USNS WILLIAM MCLEAN, T‐AKE‐13 EVERS and theactivation of T‐AKE‐14 will occur. The T‐AK 4396 MV MAJ BERNARD F. FISHER will not beactivated as previously planned and the T‐AK 5029 SS CAPE JACOB will be deactivated.Financial Profile:Revenue/Expense/NOR/AOR ($M) FY 2010 FY 2011 FY 2012Revenue $2,699.8 $2,653.0 $2,734.4Expense $2,745.7 $2,732.9 $2,745.9Operating Results ‐$45.9 ‐$79.9 ‐$11.5Accumulated Operating Results (AOR) $91.5 $11.5 $0In order to ensure achievement of zero AOR in FY 2012, the correct computation of rates, and theproper resourcing of customer accounts, NWCF budget and manpower estimates have been updatedfrom the FY 2011 President’s Budget to reflect all known pricing and program/workload assumptions.Revenue and Expense: The changes in revenue and expense from year to year are primarilyassociated with the MPS restructuring.Narrative