Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

Defense Primer: Defense Working Capital Funds (CRS Report for Congress)

Premium   Purchase PDF for $24.95 (2 pages)
add to cart or subscribe for unlimited access
Release Date Revised March 23, 2018
Report Number IF10852
Report Type In Focus
Source Agency Congressional Research Service
Older Revisions
  • Premium   March 3, 2018 (2 pages, $24.95) add
Summary:

A Department of Defense (DOD) working capital fund (DWCF) is a type of revolving fund used to finance operations that function like commercial business activities, (e.g., equipment maintenance, supply and storage activities, and transporting equipment and people). According to the DOD Financial Management Regulation 7000.14-R, revolving fund accounts finance a “continuing cycle of business-type operations” by incurring obligations and expenditures that generate receipts.