Which funds can be used for new obligations under the Bona fide needs rule?

• A. Current
• B. Anticipated
• C. Expired
• D. Depleted

Answer: (A)

New obligations must be funded with current funds, meaning funds that are actually available for obligation during the appropriation period. The Bona fide needs rule requires that obligations reflect a legitimate need in the period of availability, so funds that are only anticipated or not yet available cannot lawfully cover new obligations. Expired funds have passed their period of availability and aren’t generally usable for new obligations, unless a specific authority applies. Depleted funds have no remaining balance to commit to new obligations. Therefore, the funds that satisfy the Bona fide needs rule are current funds—funds available now for obligation.