FINANCIAL MANAGEMENT POLICY MANUAL

First two digits - Major Claimant Identifier (MCI)
Third digit - Navy Program Code (NPC)
Fourth digit - for claimant use
(Change 64)
074565 ADMINISTRATION
The Office of the Under Secretary of Defense (Comptroller) (OUSD (C))
apportions all BRAC funds and prepares and issues the funds authorization
through the Washington Headquarters Service to the Department of the Navy,
via a "Fund Authorization" (SD Form 477). FMB allocates all BRAC funds
to major management commands and the Commandant of the Marine Corps
(CMC) on a "Program/Fund Allocation" (NAVCOMPT Form 2058). The
allocation provides obligational authority by specific BRAC Commission,
fiscal year and category, and is subject to the limitation provision of 31 USC
1517. The major management commands and CMC subsequently provide
allotments to the closing or realigning activities. Obligations must be reported
by separate program year. Any requirement to realign funds between
categories must receive prior approval and be documented in a revised
allocation document from FMB.
(Change 64)
PART G:
REVOLVING AND MANAGEMENT FUNDS
074600 SCOPE
Section I:
NAVY WORKING CAPITAL FUND
1. GENERAL.
As authorized by 10 U.S.C. 2208, the Under Secretary of Defense
(Comptroller) (USD(C)) reorganized the Defense Business Operations
Fund (DBOF) into working capital funds for the Army, Navy, Air Force,
the Defense Commissary Agency, and Defense-wide. The Navy Working
Capital Fund (NWCF) essentially combines the business areas managed
by the Navy and Marine Corps into a single revolving fund. Criteria for
inclusion of a business area in the NWCF are: the goods and services
(outputs) produced by the business area have been identified; costs of the
business area can be related to these outputs; and the customers of the
business area have been identified.
Financial Management Policy
2-105