Department of the Navy offers funds usage document course.
The Department of the Navy (DON), Office of Budget, has developed and deployed an e-learning course to describe the budget execution process and the use of various funds usage documents. DON employees and members can access this course at two sites. The course is available on the Navy Knowledge Portal under the e-learning site at www.nko.navy.mil An Internet address domain name for a military agency. See Internet address.
(networking) mil - The top-level domain for entities affiliated with US armed forces. . It is also available at navweb.secnav.navy.mil/policy/ Policy.htm by clicking on the financial training bullet.
The course was designed primarily as an instructional tool, but k was expanded to serve as a financial management (FM) reference document as well. It provides a useful directory of FM information key to budget execution. The course consists of eight units.
Unit One describes the authorization, appropriation The designation by the government or an individual of the use to which a fund of money is to be applied. The selection and setting apart of privately owned land by the government for public use, such as a military reservation or public building. , apportionment The process by which legislative seats are distributed among units entitled to representation; determination of the number of representatives that a state, county, or other subdivision may send to a legislative body. The U.S. , and allocation processes. It introduces annual, multi-year, and no-year funding concepts and defines purpose, time, and amount for all DON appropriations and funds. Revolving funds A revolving fund is a fund or account whose income remains available to finance its continuing operations without any fiscal year limitation.
Within federal and state governments, law establishes revolving funds. , nonappropriated funds Funds generated by DOD military and civilian personnel and their dependents and used to augment funds appropriated by the Congress to provide a comprehensive, morale-building welfare, religious, educational, and recreational program, designed to improve the well-being of military and , trust funds, reprogramming Reprogramming refers to erasure and remodeling of epigenetic marks, such as DNA methylation, during mammalian development. After fertilization some cells of the newly formed embryo migrate to the germinal ridge and will eventually become the germ cells actions, and supplemental and emergency appropriations are described. Expense and investment criteria are defined.
Unit Two explores the allocation and budget execution process within the DON. It introduces the student to the major allocation media and discusses organizational roles and responsibilities.
Unit Three describes the legal and administrative limitations governing the use of funds. It describes the differences between economy act and project orders. An Antideficiency Act case is explored to aid students in identifying the circumstances in which violations can be incurred.
Unit Four defines the types of funds usage documents and provides a list of considerations for use in determining the appropriate document.
Unit Five describes the documents used for reimbursable re·im·burse
tr.v. re·im·bursed, re·im·burs·ing, re·im·burs·es
1. To repay (money spent); refund.
2. To pay back or compensate (another party) for money spent or losses incurred. work and service orders.
Unit Six describes the documents used for direct citation of funds. (Both units five and six link to step-by-step instructions on how to complete each line of each document.)
Unit Seven addresses the common elements of a contract and defines the broad categories of contracts. It also lists additional funding documents used within the DON under specific circumstances.
Unit Eight discusses the need for continuous review of actual versus planned execution and defines expired and closed account and the restrictions governing each. It also provides a recap re·cap 1
tr.v. re·capped, re·cap·ping, re·caps
1. To replace a cap or caplike covering on: recapped the bottle.
2. of the course and checklists for review of documents, citing common problems and what to consider when choosing a document.
For further information, please call Mr. Tom Steinberg at (703) 692-4844 or e-mail him at Steinberg.Tom@hq. navy.mil.