• Home
  • Download PDF
  • Order CD-ROM
  • Order in Print
SURVEYS
FUND CODES

Engineering Administration - Administrative Structural engineering guide book
Page Navigation
  111    112    113    114    115  116  117    118    119    120    121  
the  commanding  officer  and  conduct  investigations  on surveys submitted to him for action. A survey board consists of two or more persons, usually commissioned or  warrant  officers. The surveying officer or survey board investigates the material or the circumstances under which material is  missing.  The  investigators  try  to  determine  the condition of the material at the time of survey, and fix the cause and responsibility for that condition. They also note when they could not fix responsibility or when the material wore out through normal use. For more detailed information about the survey process,  see  your  ship’s  survey  instructions  and  chapter 5 of NAVSUP P-485, which is available in the supply office. FINANCIAL  CONTROL  OF  SHIP’S OPERATING   TARGET   (OPTAR) In this section, we’ll explain briefly how the Navy is  funded  and  the  method  it  uses  to  finance  the day-to-day  operation  of  ships. With  few  exceptions,  such  as  shipbuilding  and alteration,  research  and  development,  the  Navy  is funded  by  annual  appropriations  included  in  the Defense  Appropriations  Act  passed  each  year  by Congress.  The  money  is  then  appropriated  by  Congress and  the  Navy  assigns  it  to  the  various  systems commands  and  bureaus  that  administer  them.  As  an example,  appropriation  17-1804  is  for  operations  and maintenance of ships. NAVSEA administers it and distributes it through the fleet commanders. The fleet commanders  then  grant  operating  budgets  to  each  type commander  under  their  command. The type commanders grant obligational authority to the ships within their commands so they can procure supplies and equipage to meet the ship’s OPTAR. The fleet accounting office performs the accounting required for the operating budget. But the supply officer of each ship must maintain records to help the commanding officer  know  the  status  and  ensure  the  best  use  of OPTAR funds. The TYCOM budgets for the initial grant and  establishes  the  method  each  ship  uses  to  request  and justify OPTAR funds. We often use two terms when we speak about supply operations: Navy Stock Fund (NSF) and Navy Stock Account (NSA). The following paragraphs contain a brief  explanation  of  those  terms: NSF is a revolving fund used to procure material. After procurement, the material is held in an inventory account, NSA. The NSA inventory is stored at ashore supply  activities  and  on  some  supply  ships.  The relationship of the NSF and NSA is shown in figure 5-13. Figure 5-13.-Relationship of the Navy Stock Fund (NSF) and the Navy Stock Account (NSA). 5-24







Western Governors University

Privacy Statement
Press Release
Contact

© Copyright Integrated Publishing, Inc.. All Rights Reserved. Design by Strategico.