Get Chapter 1 - Waste Treatment - Department Of Defence - Defence Gov

The full funding policy is a federal budgeting rule imposed on the Department of Defense (DOD) by Congress in the 1950s that requires the entire procurement cost of a weapon or piece of military equipment to be funded in the year in which the item is procured.

DoD Components must establish a reporting system for the administrative control of funds process to provide data for reviewing the efficiency (e.g., obligation rate) with which funds are used.

O&M funds are used to operate, sustain, and maintain aircraft, weapon systems, command and control systems, and airfield and base facilities, to achieve readiness goals and to improve the working and living conditions for Air Force personnel.

They generally operate without fiscal year limitations (i.e., funds in a DWCF account do not expire); facilitate the aggregation of orders, allowing DOD to leverage its purchasing power; and allow for the establishment of inventories that can reduce delivery times.

The full funding policy is a federal budgeting rule imposed on the Department of Defense (DOD) by Congress in the 1950s that requires the entire procurement cost of a weapon or piece of military equipment to be funded in the year in which the item is procured.

With the Reimbursement Order (Category I), the assisting agency pay for the items up front and is then reimbursed by the requesting agency. With Direct Citation (Category II), the requesting agency provides the funds up front.

DoD Components must establish a reporting system for the administrative control of funds process to provide data for reviewing the efficiency (e.g., obligation rate) with which funds are used.

The DoD FMR directs statutory and regulatory financial management requirements, systems, and functions for all appropriated and non-appropriated, working capital, revolving, and trust fund activities.

When making payments from a current appropriation account for obligations of a closed/cancelled account, DoD Components must submit a written request for a “subclass” account from Treasury through the Defense Finance and Accounting Service (DFAS), and include the purpose for the payment.

O&M funds are used to operate, sustain, and maintain aircraft, weapon systems, command and control systems, and airfield and base facilities, to achieve readiness goals and to improve the working and living conditions for Air Force personnel.

The expense/investment threshold determines whether a DoD activity purchases an asset using O&M or procurement appropriations. For Defense Working Capital Fund (DWCF) activities this limit determines whether an asset is purchased using the operating budget or the capital budget.

They generally operate without fiscal year limitations (i.e., funds in a DWCF account do not expire); facilitate the aggregation of orders, allowing DOD to leverage its purchasing power; and allow for the establishment of inventories that can reduce delivery times.

With the Reimbursement Order (Category I), the assisting agency pay for the items up front and is then reimbursed by the requesting agency. With Direct Citation (Category II), the requesting agency provides the funds up front.

The DoD FMR directs statutory and regulatory financial management requirements, systems, and functions for all appropriated and non-appropriated, working capital, revolving, and trust fund activities.

When making payments from a current appropriation account for obligations of a closed/cancelled account, DoD Components must submit a written request for a “subclass” account from Treasury through the Defense Finance and Accounting Service (DFAS), and include the purpose for the payment.

The expense/investment threshold determines whether a DoD activity purchases an asset using O&M or procurement appropriations. For Defense Working Capital Fund (DWCF) activities this limit determines whether an asset is purchased using the operating budget or the capital budget.