2010-11_ANNUAL_REPORTS_-_FINAL_VERSION_(3)
2010-11_ANNUAL_REPORTS_-_FINAL_VERSION_(3)
2010-11_ANNUAL_REPORTS_-_FINAL_VERSION_(3)
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Following are descriptions of program activities supported by funding not appropriated directly to<br />
MARAD:<br />
Vessel Operations Revolving Fund<br />
For FY <strong>2010</strong>, the Vessel Operations and Revolving Fund (VORF) included funds provided by DOD to<br />
MARAD on a reimbursable basis for support of the National Defense Reserve Fleet (NDRF) for various<br />
training activities and custodial services. Additionally, funding from other federal entities such as NOAA<br />
and USCG were received into this account. Reimbursable funding was moved to the RRF appropriations<br />
account in FY 20<strong>11</strong> as indicated in the FY 20<strong>11</strong> Congressional Budget justification. VORF also receives<br />
receipts attributable to the sale of obsolete vessels in the NDRF that are sold for scrapping. These funds<br />
can support NDRF maintenance and operations, the maritime academies and heritage assets. In addition,<br />
VORF receives collections of rental payments from the Port of New Orleans for the pier owned by<br />
MARAD that can be used for repairs and utilities for the pier.<br />
Ready Reserve Force<br />
Beginning in FY 20<strong>11</strong>, this account includes funds provided by DOD to MARAD on a reimbursable basis<br />
for support of the Ready Reserve Fleet (RRF) and National Defense Reserve Fleet (NDRF). (This<br />
funding was previously administered in the VORF account as indicated above.) In addition to the RRF<br />
appropriated DOD funding, receipts from the Mission Defense Agency; Army Corp of Engineers; US<br />
Coast Guard and NOAA are received into this account.<br />
Operations & Training<br />
This account includes funding transfers to MARAD, reimbursable funding provided to MARAD from<br />
other Federal agencies, and collections. Notably, FTA transferred $5.75 million to MARAD to support<br />
the Hawaii port project in FY 20<strong>11</strong>. MARAD provides federal oversight and coordination of port<br />
projects, to act as a central procurement organization, leveraging federal and non-federal funding<br />
resources, and streamlining the environmental review and permitting process. Reimbursements are<br />
derived from interagency agreements to support the programs of a number of Federal agencies.<br />
Reimbursable activity in this account also includes collections received by the agency.<br />
Maritime Guaranteed Loan Program (Title XI)<br />
Title XI subsidy funds were provided to the Maritime Administration from the Department of Defense in<br />
FY <strong>2010</strong> ($29.9 million per Public Law <strong>11</strong>1-<strong>11</strong>8) and FY 20<strong>11</strong> ($40 million per Public Law <strong>11</strong>2-10).<br />
Gifts and Bequests<br />
MARAD receives gifts and bequests from external contributors, individuals and organizational donors.<br />
The agency receives restricted and unrestricted gifts and bequests. Restricted gifts specify the purpose for<br />
the contributed funding. Unrestricted gifts can be applied to agency priorities. Gifts and bequests<br />
received by MARAD are primarily for the USMMA.<br />
Special Studies, Services and Projects<br />
MARAD may receive funding from non-Federal sources, including states, municipalities, and private<br />
entities for collaborative cost-sharing efforts advancing maritime missions. Funds received in FY <strong>2010</strong><br />
and 20<strong>11</strong> were from the Port of Anchorage Municipality for the redevelopment and expansion of the port<br />
facility.<br />
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