There are now three distinct phases in terms of availability of appropriations: (1)”Current,” which means the funds are available for obligation ; (2) “Expired,” which means they are not available for obligation, only liquidation of previously incurred obligations or certain adjustments to these obligations; and (3) ” ...
What are the major DOD appropriations categories?
DoD receives many appropriations, most of which can be grouped into the five major categories: Research, Development, Test and Evaluation (RDT&E); Procurement; Operation and Maintenance (O&M); Military Personnel (MILPERS); and Military Construction (MILCON).
What are the three types of restrictions on funds?
Fiscal Law Constraints
Appropriated funds are subject to three basic fiscal constraints: time, purpose, and amount .
What are 3600 funds?
Types of DOD Appropriations
Investment Appropriations: Research, Development, Test, and Evaluation (RDT&E) (3600)
What are Cancelling funds?
Closed Appropriation (Canceled) — An appropriation or fund account in which the balance has been closed or canceled and is no longer available for obligation or expenditure for any purpose.
What is O&M funding?
Operation & Maintenance (O&M) Appropriations funds the cost of operating and maintaining equipment at a state of readiness . It covers expenses such as civilian salaries, travel, minor construction projects, operating military forces, training and education, depot maintenance, stock funds, and base operations support.
What is DoD color of money?
PPBE Process
The term “Color of Money” is uses in the DoD to refer to an Appropriation Category for a DoD financial account . The type of account can range from Procurement, Research and Development (R&D), Operations and Maintenance (O&M), and others. Each category is considered to be a different color of money.
What are different types of appropriation?
The three types of appropriations measures are regular appropriations bills, continuing resolutions, and supplemental appropriations bills .
Where do all appropriations bills begin?
Traditionally, appropriation bills originate in the House of Representatives. House appropriations bills begin with “H.R.”, meaning “House of Representatives”.
What are appropriation codes?
Definition: Appropriation Accounts are the specific designation of Federal Government funds as contained in an Appropriations Act passed by Congress and signed into law by President with each account having a unique four-digit code.
What is the difference between Oma and Opa funds?
OPA is used for investments , while OMA is used for expenses. ... 2 states, “Investments are the costs that result in the acquisition of, or an addition to, end items. These costs benefit future periods and generally are of a long-term character such as real property and personal property.”
What is a bona fide need?
The bona fide needs rule is a rule of appropriations law. It mandates that a fiscal year’s appropriations only be obligated to meet a legitimate—or bona fide— need arising in (or sometimes before) the fiscal year for which the appropriation was made .
What is meant by color of money?
the ‘color of money’ refers to the different categories of budget dollars and the specific uses on which they may be spent . Under-execution of funds in one area can result in future budget cuts.
What is a permanent indefinite appropriation?
Funds paid to lenders for the use of their money is paid from the Interest on the Public Debt appropriation. This appropriation is permanent, indefinite, meaning that an annual appropriation request is not required to obtain this budget authority.
What level of Ada is violated?
A knowing and willful violation of the ADA is considered a Class E Felony subject to a $5,000 fine, 2 years imprisonment, or both.
Do FMS funds expire?
Pseudo FMS cases are implemented via the FMS trust fund that are financed with appropriations that expire usually in one to two years. These funds are required to be obligated in the FMS trust fund prior to the appropriation expiring, and expended prior to the appropriation canceling.
