From the Congressional Glossary – Including Legislative and Budget Terms
Revolving Fund


A fund established by Congress to finance a cycle of businesslike operations through amounts received by the fund. A revolving fund charges for the sale of products or services and uses the proceeds to finance its spending, usually on a self-sustaining basis. Instead of recording the collections in receipt accounts, the budget records the collections and the outlays of revolving funds in the same account. A revolving fund is a form of permanent appropriation.
See also
- Account
- “Interagency Contracting: An Overview of Federal Procurement and Appropriations Law,” CRS Report for Congress R40814 (40-page PDF
)
- “Legislative Branch Revolving Funds,” CRS Report R40939 (35-page PDF
)
- “Drinking Water State Revolving Fund (DWSRF): Program Overview and Issues,” CRS Report RS22037 (22-page PDF
)
- “Transfer and Reprogramming of Appropriations: An Overview of Authorities, Limitations, and Procedures,” CRS Report R43098 (36-page PDF
)
The Revolving Fund
Courses
- Congressional Operations Briefing – Capitol Hill Workshop
- Drafting Federal Legislation and Amendments
- Writing for Government and Business: Critical Thinking and Writing
- Custom Training
- Congressional Operations Poster, with Federal Budget Process Flowchart
- Federal Budgeting, a Five-Course series on CD
- Congress, the Legislative Process, and the Fundamentals of Lawmaking Series, a Nine-Course series on CD
Publications

The Federal Budget Process 2E

Pocket Constitution

Citizen’s Handbook to Influencing Elected Officials: A Guide for Citizen Lobbyists and Grassroots Advocates

Congressional Procedure
CongressionalGlossary.com, from TheCapitol.Net
For more than 40 years, TheCapitol.Net and its predecessor, Congressional Quarterly Executive Conferences, have been teaching professionals from government, military, business, and NGOs about the dynamics and operations of the legislative and executive branches and how to work with them.
Our custom on-site and online training, publications, and audio courses include congressional operations, legislative and budget process, communication and advocacy, media and public relations, testifying before Congress, research skills, legislative drafting, critical thinking and writing, and more.
TheCapitol.Net is on the GSA Schedule, MAS, for custom on-site and online training. GSA Contract GS02F0192X
TheCapitol.Net is a non-partisan small business.
Teaching how Washington and Congress work ™