ADS Chapter 634

Administrative Control of Funds

Functional Series 600 – Budget and Finance

Partial Revision Date: 09/18/2017
Responsible Office: M/CFO/FPS
File Name: 634_091817


The U.S. Government requires Federal agencies to establish an effective funds control system to prevent overspending and to ensure compliance with various laws that are enacted to control and guide the formulation and implementation of federal fiscal policy (see 634.4.1, External Mandatory References). These laws play an important role in the budget process and set forth the rules and restrictions governing Federal obligations and spending.