§2684 Capital fund for Department of State to centralize reproduction, editorial, data processing, audiovisual and other services; maximum amount; operation of fund

Summary

Creates a working capital fund for the Department of State that does not expire each year. The fund pays for expenses and equipment to run central services in Washington and elsewhere. These services include copying and printing, editing, data processing, audiovisual support, libraries, general administrative support, supply and equipment services (including repairs), and medical and health care. The Secretary, with approval from the Office of Management and Budget, can add other administrative services that are cheaper or more efficient if done centrally. The fund may also be used to carry out the purposes of title II of this Act (22 U.S.C. 4301 et seq.). The fund’s capital comes from the fair value of supplies, equipment, assets, and orders the Secretary moves into the fund, minus related debts, plus any appropriations for capital. The fund is paid back or given advance payments from State Department appropriations, other federal agencies, and other lawful sources. Charges for supplies and services are set to match operation costs, including earned annual leave and equipment depreciation. Money from sales, exchanges, or payments for loss or damage also goes into the fund. Any earnings the Secretary finds to be extra at the end of a fiscal year must be sent to the Treasury as miscellaneous receipts. Supplies returned by a post, activity, or agency can be charged to the fund at current value; if allowed, the money goes back to the same appropriations and can still be spent for their original purposes. Credits may not be made to appropriations because of capitalization of inventories.