Working Capital Fund : Department of Defense , July 30 , 2003
Working Capital Fund : Department of Defense , July 30 , 2003
“BACKGROUND: The Defense Working Capital Fund (DWCF) is a revolving fund financial mechanism that involves approximately 200,000 civilian and military personnel providing more than $85 billion in goods and services. About 20% of DOD’s direct appropriation dollars flow through the DWCF on an annual basis. The activities financed in the DWCF form the Department’s main organic logistics capability. The DWCF activities rely on sales revenue rather than direct appropriations to finance their operations. DWCF financing is intended to generate sufficient revenue to cover the full costs of its operations, and to provide the flexibility to finance the fund’s continuing operations, and therefore customer services, without fiscal year limitation.”
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