From the Congressional Glossary – Including Legislative and Budget Terms
photo credit: Orbisnonsuficit
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.
- “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
- 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
The Federal Budget Process 2E
Citizen’s Handbook to Influencing Elected Officials: A Guide for Citizen Lobbyists and Grassroots Advocates
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