Fiscal Year 1999 Request for Working Capital Fund (WCF) Investment Component Plans

Date: Thu, 25 Feb 1999 11:12:28 +0000
From: "Kym Y. Elliott" <kyelliot>
Reply-To: "Kym Y Elliott, Secretary, Reston, VA" <kyelliot>
Organization: U.S. Geological Survey

To: "AO - All Administrative Officers"<distribution>
CC: Kelly Bradley <kbradley>, Jackie Johnson <jjohnson>,
        "Kym Y Elliott, Secretary, Reston, VA" 
 <kyelliot>
Subject: FY 1999 Request for Working Capital Fund (WCF) Investment Component 
 Plans

In Reply Refer to:
Mail Stop 442


                                                         MEMORANDUM


February 25, 1999

To:                Administrative Officers, Water Resources Division

From:            Kelly L. Bradley
                     Chief, Financial Operations and Reporting Section

Subject:        Fiscal Year 1999 Request for Working Capital Fund (WCF)
                Investment Component Plans


                                       Reply Requested by April 30, 1999

The last day to submit FY 1999 WCF investment plans for approval is
April 30, 1999. For specific instructions refer to WRD Survey Manual
Supplement release number 241, dated September 16, 1998 subject Working
Capital Fund (Investment Components).

The WCF Investment Component is to be used to plan for long-term capital
investments and enables the required funds to be accumulated over
several fiscal years. The investment component is a useful mechanism to
invest funds from appropriations and/or reimbursable agreements, without
fiscal year limitations.

Please consider use of the WCF this fiscal year and in future years.
Consideration should be given to contributing at least one percent of a
cost centers total funding for equipment replacement and future facility
needs.

If you have questions please contact Jackie Johnson at 703-648-5477 or
your Regional Administrative Officer.