FINANCIAL MANAGEMENT POLICY MANUAL

3. FUNDING
a. Operation and Maintenance Appropriations.
Fund personal property equipment whose unit cost is less than the
current expense investment threshold (see paragraph 075001 for
additional guidance).
b. Procurement Appropriations.
Fund personal property equipment whose unit cost is greater than or
equal to the current expense/investment threshold. (see paragraph
075001 for additional guidance).
c. RDT&E Appropriations.
Fund personal property equipment for RDT&E funded activities.
d. Navy Working Capital Funds (NWCF).
Personal property equipment to support NWCF mission requirements
is either funded by the NWCF operating budget or the capital
purchases program as determined by the current expense/investment
threshold and the useful life of the asset (see paragraph 074602 for
additional guidance).
e. Specialized Equipment.
Specialized equipment (e.g., test equipment, trainers, etc.) is financed
by the major command that has the technical responsibility for the
requirement. Specialized equipment is centrally managed.
f. Non-appropriated funds.
Personal property equipment requirements are financed by the nonappropriated
funds equipment custodian.
4. PERSONAL PROPERTY EQUIPMENT RELOCATION.
The budget and funding responsibility for the relocation of personal
property equipment resides with the command that directs the relocation.
In most cases, this is the command that has custody of the equipment or
ownership per the property records. The cost of relocation includes the
moving, packing, unpacking, assembly, attachment, and testing of
equipment being relocated from an existing site or structure to a new site
or structure being constructed under the military construction
appropriations.
(Change 67)
Financial Management Policy
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