In land disposal, the proceeds retained for local use are intended for which purpose?

Study for the Certified Defense Financial Manager (CDFM) Exam 1. Engage with flashcards and multiple choice questions, with hints and explanations for each query. Prepare confidently for your exam!

Multiple Choice

In land disposal, the proceeds retained for local use are intended for which purpose?

Explanation:
Proceeds retained for local use are meant to fund installation-level needs tied to the disposal, at the local level. When land is sold, some of the proceeds may be kept by the installing activity to support its own programs and capital improvements—things like facility upgrades, environmental cleanup, or other local projects that help the installation carry out its mission and benefit the surrounding community. This use is focused on the local installation and its immediate needs, rather than funding national programs. It’s not for national defense funding, not for individual performance bonuses, and not for overseas housing allowances.

Proceeds retained for local use are meant to fund installation-level needs tied to the disposal, at the local level. When land is sold, some of the proceeds may be kept by the installing activity to support its own programs and capital improvements—things like facility upgrades, environmental cleanup, or other local projects that help the installation carry out its mission and benefit the surrounding community. This use is focused on the local installation and its immediate needs, rather than funding national programs. It’s not for national defense funding, not for individual performance bonuses, and not for overseas housing allowances.

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