Department of the Navy Justification of Estimates Amended Fiscal Year 1988 and 1989 Biennial Budget Submitted to Congress February 1988. Department of the Navy Stock Fund

摘要

The Department of the Navy Stock Fund is a revolving fund established for the purpose of financing inventories of secondary items to support Navy and Marine Corps combat forces and shore installations. The stock fund customers buy material using annual appropriated funds. These monies, in turn, are then used by the stock fund to reinvest in material to meet future customer demands. Beginning in FY 1983, Congress directed that inventory investment for support of new weapons systems, weapons systems with expanding populations and readiness or sustainability initiatives be financed by direct appropriations. This request supports that direction. This submission also reflects the consolidation of the Navy Stock Fund and the Marine Corps Stock Fund, previously two separate accounts, into a single Department of the Navy Stock Fund, effective 1 October 1987. Keywords: Statistical data; Estimates; War reserve material; Estimates. (KR)