Navy Working Capital Fund - DON FM&C Website

DEPARTMENT OF THE NAVYNAVY WORKING CAPITAL FUNDRESEARCH AND DEVELOPMENTNAVAL AIR WARFARE CENTERFISCAL YEAR (FY) 2012 BUDGET ESTIMATESFEBRUARY 2011FY 2012, respectively and reduction of cell phone expenses by $808K in FY 2012. Thebenefits of these efficiencies will result in lower stabilized rates and the savings havebeen applied to DON’s force structure and modernization requirements.Financial Profile:Revenue/Expense/NOR/AOR ($M) FY 2010 FY 2011 FY 2012Revenue $3,760.0 $4,234.6 $4,169.5Expense $3,739.8 $4,210.1 $4,223.2Operating Results $20.2 $24.5 -$53.7Other Changes Affecting AOR 19.5 0.0 0.0Accumulated Operating Results (AOR) $29.2 $53.7 $0.0In order to ensure achievement of zero AOR in FY 2012, the correct computation of rates,and the proper resourcing of customer accounts, NWCF budget and manpowerestimates have been updated from the FY 2011 President’s Budget to reflect all knownpricing and program/workload assumptions.Revenue and Expense: The trend in revenue and expense across the budget yearsreflects updated estimates for workload and pricing adjustments.Collections/Disbursements/Outlays ($M) FY 2010 FY 2011 FY 2012Collections $3,659.1 $4,234.3 $4,175.4Disbursements $3,711.9 $4,190.1 $4,209.3Outlays $52.8 -$44.2 $33.9Reimbursable Orders ($M) FY 2010 FY 2011 FY 2012Current Estimate $4,257.2 $4,189.7 $4,148.0Direct Labor Hours (000) FY 2010 FY 2011 FY 2012Current Estimate 17,762 19,287 19,577