Tag: RL33461

Offsetting Collections (CongressionalGlossary.com)

Offsetting Collections (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Offsetting Collections photo credit: Seth Tisue Collections authorized by law to be credited to appropriation or fund expenditure accounts. They result from (1) businesslike transactions or market-oriented activities with the public, (2) intragovernmental transfers, and (3) collections from the public that are governmental in nature […]

Working Capital Fund (CongressionalGlossary.com)

Working Capital Fund (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Working Capital Fund photo credit: General Wesc A type of intragovernmental revolving fund that operates as a self-supporting entity that conducts a regular cycle of businesslike activities. These funds function entirely from the fees charged for the services they provide consistent with their statutory authority. […]