Monthly Treasury statement of receipts and outlays of the United States government for period from ..

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Title:
Monthly Treasury statement of receipts and outlays of the United States government for period from ..
Sept. issue of each year has title:
Final monthly Treasury statement of receipts and outlays of the United States government
Portion of title:
Monthly Treasury statement
Final monthly Treasury statement
Abbreviated Title:
Mon. Treas. statement receipts outlays U.S. gov.
Physical Description:
v. : ; 28 cm.
Language:
English
Creator:
United States -- Dept. of the Treasury
United States -- Dept. of the Treasury. -- Financial Management Service
Publisher:
Dept. of the Treasury
Place of Publication:
Washington, D.C.?
Frequency:
monthly
regular

Subjects

Subjects / Keywords:
Finance, Public -- Accounting -- Statistics -- Periodicals -- United States   ( lcsh )
Genre:
federal government publication   ( marcgt )
statistics   ( marcgt )
periodical   ( marcgt )

Notes

Additional Physical Form:
Vol. for June 30, 1994 distributed to depository libraries in microfiche.
Additional Physical Form:
Available via Internet from the Financial Management Service web site. Address of current issue as of 5/20/04: http://www.fms.treas.gov/mts/index.html; address of back issues as of 5/20/04: http://www.fms.treas.gov/mts/backissues.html. Current access is available via PURL.
Dates or Sequential Designation:
Began with July/Nov. 1974; ceased with June 2008.
Issuing Body:
Vols. for <Oct. 1979>-Apr. 1986 issued by U.S. Dept. of Treasury; May 1986-<Mar. 1996>, <Jan. 1998-> by U.S. Dept. of Treasury, Financial Management Service.
General Note:
Title varies slightly.
General Note:
Effective July 2008, paper copies will only be available only upon request.
General Note:
Description based on: Oct. 1, 1979 through Feb. 29, 1980; title from caption.

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
oclc - 02520295
lccn - 97656143
issn - 0364-1007
ocm02520295
Classification:
lcc - HJ10.2 .M66
ddc - 336.73/05
System ID:
AA00010653:00057

Related Items

Preceded by:
Monthly statement of receipts and outlays of the United States government
Succeeded by:
Monthly Treasury statement of receipts and outlays of the United States government (Online)

Full Text
7 -/,) `C/I",


For Fiscal Year 1987
Through June 30, 1987,
and Other &ef&


Monthly Treasury Statement

of Receipts and Outlays of

the United States Government


Financial Management Service


-- ~ -- -- ~
-


Summary -
page 2


Receipts
Outlays
by Month -
page 26


Receipts -
page 6




Federal
Trust Funds
Securities -
Spage 28


Outlays -
page 7




Receipts
by Source
Outlays by
Function -
page 29


Deficit
Financing -
page 20




Explanatory
Notes -
page 30






Introduction


The Monthly Treasury Statement of Receipts and Outlays of the United States
Government (MTS) is prepared by the Department of the Treasury, Financial Manage-
ment Service, and after approval by the Fiscal Assistant Secretary of the Treasury,
is normally released on the 15th workday of the month following the reporting month.
The publication is based on data provided by Federal entities, disbursing officers,
and Federal Reserve banks.

Audience
The MTS is published to meet the needs of: Those responsible for or interested
in the cash position of the Treasury; Those who are responsible for or interested
in the Government's budget results; and individuals and businesses whose opera-
tions depend upon or are related to the Government's financial operations.


Disclosure Statement
This statement summarizes the financial activities of the Federal Government
and off-budget Federal entities conducted in accordance with the Budget of the U.S.
Government, i.e., receipts and outlays of funds, the surplus or deficit, and the means
of financing the deficit or disposing of the surplus. Information is presented on a
modified cash basis: receipts are accounted for on the basis of collections; outlays


of receipts are treated as deductions from gross receipts; revolving and manage-
ment fund receipts, reimbursements and refunds of monies previously expended
are treated as deductions from gross outlays; and interest on the public debt (public
issues) is recognized on the accrual basis. Major information sources include ac-
counting data reported by Federal entities, disbursing officers, and Federal Reserve
banks.

Triad of Publications
The MTS is part of a triad of Treasury financial reports. The Daily Treasury State-
ment is published each working day of the Federal Government. It provides data
on the cash and debt operations of the Treasury based upon reporting of the
Treasury account balances by Federal Reserve banks. The MTS is a report of
Government receipts and outlays, based on agency reporting. The U.S. Govern-
ment Annual Report is the official publication of the detailed receipts and outlays
of the Government. It is published annually in accordance with legislative mandates
given to the Secretary of the Treasury.

Data Sources and Information
The Explanatory Notes section of this publication provides information concern-
ing the flow of data into the MTS and sources of information relevant to the MTS.


Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 1986 and 1987,
by Month (in millions)


Period Receipts Outlays Deficit/Surplus (-)



FY 1986
October ........................... '$57,886 '$84,973 $27,087
November ....................... 151,166 184,551 33,386
December ........... ........ 68,196 '82,853 14,656
January ........................... 176,698 '83,189 6,492
February ...... ................... 53,370 77,950 24,580
March ............................ 49,557 79,700 30,142
April ............................. 91,438 81,510 -9,928
May ............ ................. 46,246 85,642 39,396
June ............................. 77,024 78,034 1,011
July ................................ 62,974 85,203 22,229
August ........................... 56,523 84,434 27,911
September . ... 78,013 81,750 3,737

Year-to-Date .................... 769,091 989,789 220,698




FY 1987
October... ........................ 59,012 84,267 25,255
November .................... ...... 52,967 79,973 27,006
December ......................... 78,035 90,112 12,077
January ............. ............. 81,771 83,942 2,170
February .......................... 55,463 83,828 28,366
March ............................ 56,515 84,527 28,012
April ... ........................... 122,897 84,240 -38,657
May .............................. 47,691 83,435 35,744
June ........... ....... ....... 82,945 83,366 420

Year-to-date ........................ 637,297 2756,735 2119,439







'Prior year adjustment.
21ncludes prior month adjustment of $954 million of interest receipts for Unemployment Trust Fund.
Note: Details may not add to totals due to rounding.
Source: Financial Management Service, Department of the Treasury






Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, June 1987 and
Other Periods (in millions)


Total on-budget and off-budget results:
Total receipts ....... .............. .. .

On-budget receipts ........ ............
Off-budget receipts ............. ......... .

Total outlays .............. ....................

On-budget outlays ...........................
Off-budget outlays ....... ..............

Total surplus (+) or deficit (-) ........... ....

On-budget surplus (+) or deficit (-) .. .........
Off-budget surplus (+) or deficit (-) ............

Total on-budget and off-budget financing ...........

Means of financing:
By Borrowing from the public .......... .......
By Reduction of cash and monetary
assets, increase (-) .. ..................
By Other means .............................


$82,945

64,222
18,723

83,366

66,221
17,145

-420

-1,998
+1,578

420


9,655

-6,434
-2,801


$637,297

475,596
161,701

756,735

612,100
144,636

-119,439

-136,504
+17,065

119,439


128,332

-6,119
-2,774


$842,390

628,372
214,018

1,015,572

821,074
194,498

-173,182

-192,702
+19,520

173,182


162,248

11,384
-450


$571,581

419,908
151,673

738,402

602,961
135,441

-166,821

-183,053
+16,232

166,821


178,299

-11,001
-477


'Based on the budget of the United States FY 1988 released by the Office of Management and Budget on January 5, 1987.
Note: Details may not add to totals due to rounding.
Source: Financial Management Service, Department of the Treasury



Figure 1. Monthly Receipts, Outlays, and Budget Deficit/Surplus of the U.S. Government, Fiscal Years 1986 and 1987


In billions of dollars
150


120 Outlays


90 -


60 ..


30 Receipts


0


-30


-60 -Deficit(-)/Surplus


-90

Oct. Dec. Feb. Apr. June Aug. Oct. Dec. Feb. Apr. June

FY FY

86 87


$916,571

674,473
242,098

1,024,328

821,900
202,427

-107,756

-147,427
+39,671

107,756


106,721


1,035





Figure 2. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 1986 and 1987

In billions of dollars
140 .


Total Receipts


=:==:=:: === ==:=:: ::=:=: umner i axes ana i-iecelpis pis : :- .: ::

Oct. Dec. Feb. Apr. June Aug. Oct. Dec. Feb. Apr. June
FY FY
86 87


Figure 3. Monthly Outlays of the U.S. Government, by Function, Fiscal Years 1986 and 1987

In billions of dollars


100 [


Total Outlays


Oct. Dec. Feb. Apr. June Aug. Oct. Dec. Feb. Apr. June
FY FY
86 87







Table 3. Summary of Receipts and Outlays of the U.S. Government, June 1987 and Other Periods (in millions)


Actual Actual Actual Budget
Classification This Month This Fiscal Comparable Estimate
Year to Date Prior Period Full Fiscal Year1


Budget Receipts
Individual income taxes ................ ............
Corporation income taxes ..........................
Social insurance taxes and contributions:
Employment taxes and contributions (off-budget) ............
Employment taxes and contributions (on-budget) ............
Unemployment Insurance ...... ................ . .
Other retirement contributions ...........................
Excise taxes ........................................
Estate and gift taxes ...................................
Customs duties ..................................
Miscellaneous receipts ... .. ..........................

Total Receipts ............... ....................

(On-budget) .............. .....................

(Off-budget) .............. .....................

Budget Outlays
Legislative Branch ...............................
The Judiciary ........... ........ ...............
Executive Office of the President .. .. ................
Funds Appropriated to the President .......................
Department of Agriculture ......... ......................
Department of Commerce ................... .......
Department of Defense- Military .... . . .
Department of Defense- Civil .......................
Department of Education ..... ................... .
Department of Energy ...................... .......
Department of Health and Human Services,
except Social Security ......... ................. .
Department of Health and Human Services, Social Security ....
Department of Housing and Urban Development ..........
Department of the Interior ......... ................
Department of Justice ........... ..........................
Department of Labor ..................................
Department of State ...................................
Department of Transportation .... . . .
Department of the Treasury:
General revenue sharing ...............................
Interest on the public debt ............. .................
Other ...............................................
Environmental Protection Agency ...................... .
General Services Administration ...........................
National Aeronautics and Space Administration...............
Office of Personnel Management .........................
Small Business Administration ............. ........
Veterans Administration ............................
Other independent agencies ......................... ....
Allowances, undistributed ...............................
Undistributed offsetting receipts:
Interest .................................. ...........
Other ...............................................

Total Outlays .......... ..... ......... ............

(On-budget) ...................................

(Off-budget) .....................................

Surplus (+) or deficit (-) ...........................

(On-budget) .....................................

(Off-budget) .....................................


$40,521
10,973

18,723
5,258
315
416
3,099
507
1,415
1,719


$293,987
59,496

161,701
45,219
18,363
3,576
24,097
5,647
10,964
14,247


$254,632
47,246

151,673
41,366
18,477
3,577
25,171
5,138
9,510
14,792


$364,002
104,761

214,018
59,230
23,781
4,431
32,602
5,998
14,445
19,122


82,945 637,297 571,581 842,390

64,222 475,596 419,908 628,372

18,723 161,701 151,673 214,018


138 1,265 1,313 2,131
128 865 806 1,241
10 83 83 118
877 8,358 8,160 11,830
1,818 41,342 45,081 55,063
168 1,674 1,580 2,441
24,012 205,354 197,456 274,200
1,695 15,359 15,183 20,942
1,210 13,130 13,465 16,752
1,101 8,221 8,489 10,611

12,412 112,030 107,142 145,292
19,932 152,195 141,770 202,857
1,576 11,581 10,958 14,622
386 3,700 3,349 5,213
362 2,998 2,808 4,788
2,047 18,066 18,149 24,456
220 2,074 2,149 3,324
2,456 18,413 19,744 26,216

2 74 3,381 76
27,899 2153,474 149,210 191,754
-1,698 -10,534 -9,735 -11,589
472 3,634 3,622 4,579
84 -6 253 -73
699 5,578 5,581 7,876
2,346 19,837 17,606 27,732
2 420 125
2,457 20,262 19,984 26,835
-1,015 9,883 6,181 17,920


-15,361 2-35,251 -31,210 -34,670
-3,069 -26,922 -24,579 -37,091

83,366 756,735 738,402 1,015,572

66,221 612,100 602,961 821,074

17,145 144,636 135,441 194,498

-420 -119,439 -166,821 -173,182

-1,998 -136,504 -183,053 -192,702

+1,578 +17,065 +16,232 +19,520


'Based on the submission of the FY 1988 Budget released by OMB January 5, 1987.
Source: Financial Management Service, Department of the Treasury.
2Unamortlzed premium/discount on public debt securities purchased by the Education Benefits Fund and the Military Retirement Fund were previously recorded as negative
interest expense and negative Interest earned. These entries have been reversed and will be amortized monthly.






Table 4. Receipts of the U.S. Government, June 1987 and Other Periods (in millions)

This Month Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross Refunds Receipts Gross Refunds Receipts Gross Refunds Receipts
Receipts (Dedqct) Receipts (Deduct) Receipts (Deduct)


Individual income taxes:
Withheld ...................................
Presidential Election Campaign Fund ............... .
O their ................... ................ .. ......
Total-Individual income taxes ...................

Corporation Income taxes ......................... .
Social insurance taxes and contributions:
Employment taxes and contributions:
Federal old-age and survivors ins. trust fund:
Federal Insurance Contributions Act taxes ..........
Self-Employment Contributions Act taxes ...........
Deposits by States ..............................
Other ... ...................................

Total-FOASI trust fund ......................
Federal disability insurance trust fund:
Federal Insurance Contributions Act taxes ..........
Self-Employment Contributions Act taxes ...........
Receipts from Railroad Retirement Account .........
Deposits by States ..............................
Other .................. ....................

Total- FDI trust fund ...................... ..
Federal hospital insurance trust fund:
Federal Insurance Contributions Act taxes ..........
Self-Employment Contributions Act taxes ...........
Receipts from Railroad Retirement Board ...........
Deposits by States..................... .........

Total- FHI trust fund ..........................
Railroad retirement accounts:
Rail industry pension fund .......................
Railroad social security equivalent benefit ...........

Total-Employment taxes and contributions .......
Unemployment insurance:
Unemployment trust fund:
State taxes deposited in Treasury ..............
Federal Unemployment Tax Act taxes ..............
O their ..................................... .
Railroad Unemployment Ins. debt repayment ........
Total-Unemployment trust fund ................
Federal employees retirement contributions:
Civil service retirement and disability fund ..........
Foreign service retirement and disability fund ........
Other ............. ......................
Total-Federal employees retirement contributions..
Other retirement contributions:
Civil service retirement and disability fund ..........

Total-Social Insurance taxes and contributions ......

Excise taxes:
Miscellaneous excise taxes ................ ..... .
Airport and airway trust fund ........................
Highway trust fund .. ................................
Black lung disability trust fund........................
Total-Excise taxes .............................

Estate and gift taxes ...............................

Customs duties ............. ...................

Miscellaneous receipts:
Deposits of earnings by Federal Reserve banks .........
All other ..................... ...........
Total-Miscellaneous receipts ....................

Total- Receipts ............................ ..

Total-On-budget ............... .............

Total-Off-budget .......................... ..


$25,525
4
16,574


$241 290
30
120.270


$235 262
32
86 111


42,103 $1,583 $40,521 361,591 $67,603 $293,987 321,405 $66,773 $254,632

13,572 2,599 10,973 74,863 15,367 59,496 60,800 13,554 47,246



16,354 405 15,949 133,482 405 133,077 116,593 ...... 116,593
1,173 1,173 8,914 .. 8,914 7,893 ...... 7,893
-69 ...... -69 5,399 ...... 5,399 13,754 ...... 13,754
(C ) ...... (**) (-*) ...... (**) (**) ...... (C )
17,458 405 17,053 147,796 405 147,391 138,240 ...... 138,240

1,572 32 1,540 12,836 32 12,804 11,217 ...... 11,217
112 ...... 112 858 .. 858 769 .. 769

18 ...... 18 647 ...... 647 1,447 ...... 1,447
. .. . ( *) (* -) .. .. .. .

1,702 32 1,670 14,342 32 14,310 13,433 ...... 13,433

4,654 120 4,534 38,015 120 37,895 32,439 ...... 32,439
327 ...... 327 2,469 ...... 2,469 2,063 ...... 2,063
330 ... 330 330 .. 330 321 ...... 321
52 ...... 52 1,877 ...... 1,877 4,071 ...... 4,071
5,362 120 5,242 42,691 120 42,570 38,895 ...... 38,895

225 (**) 225 1,721 4 1,717 1,501 4 1,497
-209 ...... -209 931 ...... 931 974 .... 974

24,538 557 23,981 207,481 561 206,919 193,043 4 193,039


220 .. 220 13,435 ...... 13,435 14,110 .. 14,110
98 4 94 4,775 141 4,634 4,447 249 4,198
(* ) ...... (" ) 153 ...... 153 169 ...... 169
. ... 14 1 . 14 1 ...... ...... .......
319 4 315 18,504 141 18,363 18,726 249 18,477

405 ...... 405 3,467 ...... 3,467 3,474 .. .. 3,474
3 ...... 3 31 .. 31 31 ...... 31
(**) ...... (C *) 2 ...... 2 2 ...... 2
408 .. 408 3,500 .. 3,500 3,506 .. 3,506

8 ...... 8 75 .. 75 70 70

25,273 561 24,712 229,560 702 228,858 215,345 253 215,092


1,717 35 1,682 12,206 504 11,702 13,897 349 13,549
311 1 310 2,298 6 2,292 2,023 7 2,016
1,088 29 1,059 9,787 125 9,662 9,422 206 9,216
48 ...... 48 441 ...... 441 390 ...... 390
3,165 65 3,099 24,732 635 24,097 25,733 562 25,171

526 19 507 5,780 133 5,647 5,316 178 5,138

1,454 39 1,415 11,321 357 10,964 9,880 370 9,510


1,075 ...... 1,075 12,413 ...... 12,413 13,636 ...... 13,636
644 ("") 643 1,837 2 1,834 1,162 5 1,156
1,719 (C*) 1,719 14,250 2 14,247 14,797 5 14,792

87,812 4,867 82,945 722,096 84,799 637,297 653,276 81,695 571,581

68,652 4,430 64,222 559,958 84,362 475,596 501,603 81,695 419,908

19,160 437 18,723 162,138 437 161,701 151,673 ...... 151,673


'Includes amounts received for Windfall Profits Tax pursuant to P.L.96-223.
. No Transactions.
('") Less than $500,000.
Note: Throughout this statement, details may not add to totals because of rounding.
Source: Financial Management Service, Department of the Treasury.






Table 5. Outlays of the U.S. Government, June 1987 and Other Periods (in millions)

This Month Current Fiscal Year to Date Prior Fiscal Year to Date

Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts Outlays Outlays Receipts Outlays Outlays Receipts Outlay

Legislative Branch:
Senate .......................................... $33 $1 $32 $232 $5 $227 $209 $6 $204
House of Representatives ......................... 44 (* *) 44 366 2 363 363 8 355
Joint items ...................................... ... 5 ...... 5 71 ...... 71 86 ...... 86
Congressional Budget Office ................. ..... ..... ....1. 1 12 .... 12 12 ...... 12
Architect of the Capitol ............................. 8 ...... 8 80 ...... 80 69 ...... 69
Library of Congress ............................... 19 ...... 19 199 ...... 199 280 ...... 280
Government Printing Office:
Revolving fund (net) .............................. -11 ...... -11 -1 ...... -1 -2 ...... -2
General fund appropriations........................ 9 ...... 9 67 ...... 67 76 ...... 76
General Accounting Office ........................ .. 25 ...... 25 220 ...... 220 213 ...... 213
United States Tax Court ............................ 2 ...... 2 17 ...... 17 17 ...... 17
Other Legislative Branch agencies .... ........... .. 2 ...... 2 14 .... 14 12 ...... 12
Proprietary receipts from the public ................... ...... ( ) ( *) ... ... 3 -3 ...... 4 -4
Intrabudgetary transactions .......................... ...... .... ..... -2 ...... -2 -6 ...... -6


Total-Legislative Branch ........................
The Judiciary:
Supreme Court of the United States ...................
Courts of appeals, district courts, and other
judicial services ...................................
Other ............................................

Total-The Judiciary ............................

Executive Office of the President:
Compensation of the President and the
White House Office ...............................
Office of Management and Budget ...................
O their ............................................

Total-Executive Office of the President ...........
Funds Appropriated to the President:
Disaster relief .. ........... ... ...............


139 1 138 1,276 11 1,265 1,330 17 1,313

1 .. 1 12 ...... 12 11 ...... 11

123 ...... 123 807 ...... 807 755 ...... 755
4 ...... 4 46 ...... 46 40 ...... 40

128 ...... 128 865 ...... 865 806 ...... 806



3 ...... 3 20 ...... 20 18 ...... 18
4 ...... 4 28 ...... 28 29 ...... 29
3 ...... 3 35 ...... 35 37 ...... 37

10 ...... 10 83 ...... 83 83 ...... 83

25 ...... 25 169 ...... 169 289 ...... 289


International security assistance:
Guarantee reserve fund ........................... 118 166 -48 612 645 -33 767 583 184
Foreign military sales credit ........................ 420 102 318 3,303 563 2,740 3,291 587 2,704
Economic support fund............................ 245 ...... 245 2,890 ...... 2,890 3,618 ...... 3,618
Military assistance.............. ................... 15 ...... 15 151 ...... 151 698 ...... 698
Peacekeeping operations.......................... 3 ...... 3 33 ...... 33 32 ...... 32
Other ......................................... 5 ...... 5 36 ...... 36 34 ...... 34
Proprietary receipts from the public ................. ...... 16 -16 .... 310 -310 ...... 120 -120


Total-International security assistance .............


805 283 522 7,025 1,517 5,508 8,440 1,291 7,149


International development assistance:
Multilateral assistance:
Contributions to international financial institutions:
International Development Association ........... ..... ...... ...... 277 ......
Inter-American Development Bank ............... 9 ...... 9 151 ......
O their ....................................... 21 ...... 21 197 .....
International organizations and programs ........... 30 ...... 30 209 ......


Total-Multilateral assistance .................


60 ...... 60 834 ...... 834 1,093 ...... 1,093


Agency for International Development:
Functional development assistance program ......... 116 ...... 116 1,059 ...... 1,059 982 ...... 982
Operating expenses, Agency for
International Development ...... ............. 25 ..... 25 264 ...... 264 279 .. 279
Payment to Foreign Service retirement and
disability fund .......... ........................... ... .... ... 45 ...... 45 43 ...... 43
Other ................................. ...... 23 2 21 206 24 182 251 22 228
Proprietary receipts from the public ................ ...... 54 -54 ...... 552 -552 ...... 604 -604


Total-Agency for International Development ....

Trade and Development Program ...................
Peace Corps ....................................
Overseas Private Investment Corporation .............
Inter-American Foundation .........................
African Development Foundation....................

Total-International development assistance .........


165 56 108 1,574 575 999 1,555 627 929

(**) (" ) 12 12 12 12
13 ...... 13 88 ...... 88 99 ...... 99
38 6 31 44 71 -27 6 70 -65
2 (") 2 20 14 6 20 8 11
1 ...... 1 5 ...... 5 3 ...... 3

278 63 215 2,577 660 1,917 2,786 705 2,081


Table continued on next page.


277 457 ......
151 220 ......
197 215 ......
209 201 ......






Table 5. Outlays of the U.S. Government, June 1987 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Outlays Gross Applicable Gross Applicable uls
Outlays Receipts Outlay Outlays Receipts Outlays Outlays Receipts Outlays


Funds Appropriated to the President:-Continued
International Monetary Programs ... ............... .
Military sales programs:
Foreign military sales trust fund ...................
O their ....... .............................
Proprietary receipts from the public ................
O their .................... .................. .

Total-Funds Appropriated to the President ......

Department of Agriculture:
Departmental Administration ......................
Agricultural Research Service ..................... .
Cooperative State Research Service ...................
Extension Service ..... ..........................
National Agricultural Statistical Service .............. ..
Economic Research Service .........................
Foreign Agricultural Service ..........................
Foreign Assistance Programs .......................
Agricultural Stabilization and Conservation Service .......
Federal Crop Insurance Corporation ......... .........
Commodity Credit Corporation:
Price support and related programs .................
National Wool Act Program ........................
Rural Electrification Administration ................. .

Farmers Home Administration:
Public enterprise funds:
Self-help housing land development fund ...........
Rural housing insurance fund .....................
Agricultural credit insurance fund ..................
Rural development insurance fund ................
Rural water and waste disposal grants ...... .........
Salaries and expenses ...........................
Other .....................................

Total-Farmers Home Administration ..............

Soil Conservation Service:
Conservation operations ...........................
Watershed and flood prevention operations ...........
Other ......................................
Animal and Plant Health Inspection Service .............
Agricultural Marketing Service:
Funds for strengthening markets, income, and supply...
Other .................... ...................
Food Safety and Inspection Service ...................
Food and Nutrition Service:
Food stamp program ............ .............. .
Nutrition assistance for Puerto Rico .................
Child nutrition programs ...................... .
Women, infants and children programs ...............
O their .. ...... .. ..........................

Total-Food and Nutrition Service .................

Forest Service:
National Forest system ............................
Construction ..................................
Forest research ....... ............... ..........
Forest Service permanent appropriations ..... .......
Cooperative work ..............................
Other ........................................

Total- Forest Service .. .......... ............

O the r .... ....... ... .. ........... .......... ... .
Proprietary receipts from the public ...................
Intrabudgetary transactions ..................... .

Total-Department of Agriculture .................


$72 .

770 ......
12 (**)
).... $739
(*) ....


$72 -$564 ...... -$564 -$1,115 .......

770 7,331 ...... 7,331 7,259 ......
12 187 $211 -24 117 $220
-739 ...... 6,077 -6,077 ...... 7,424
(") 99 (**) 99 25 ......


-$1,115

7,259
-104
-7,424
25


1,961 1,085 877 16,823 8,465 8,358 17,801 9,641 8,160


4 ...... 4 81 ...... 81 62 ...... 62
49 ...... 49 384 ...... 384 377 ...... 377
22 ...... 22 209 ...... 209 199 .. 199
28 ...... 28 240 ...... 240 263 ...... 263
7 ...... 7 43 .. 43 45 .. 45
4 ...... 4 32 ...... 32 33 ...... 33
8 ...... 8 63 ... 63 66 ...... 66
-57 ...... -57 298 ...... 298 630 ...... 630
53 .. 53 37 .. 37 50 .. 50
13 4 9 504 133 371 514 122 393

246 1,373 -1,128 25,056 6,308 18,748 26,062 4,711 21,351
-2 ...... -2 136 ...... 136 114 ...... 114
158 104 54 1,951 1,749 203 2,969 3,037 -68



(**) ...... (" ) (**) (**) (*-) (-*) (**) (**)
510 323 188 4,055 2,611 1,444 4,970 2,922 2,048
737 144 592 4,777 3,057 1,720 8,163 5,855 2,309
189 79 111 1,891 1,228 663 1,948 1,309 639
14 ...... 14 115 ...... 115 135 ..... 135
31 ...... 31 272 ...... 272 257 ...... 257
5 ...... 5 37 ...... 37 33 2 31

1,487 546 941 11,147 6,896 4,252 15,505 10,088 5,418


30 ...... 30 258 ...... 258 258 ...... 258
22 ...... 22 147 .. .. 147 187 ...... 187
4 .... 4 45 ...... 45 51 ...... 51
28 ...... 28 240 ...... 240 213 ...... 213

13 ...... 13 298 ...... 298 288 .... 288
2 ...... 2 84 3 81 129 31 98
28 ...... 28 272 ...... 272 260 ...... 260

1,024 ...... 1,024 9,389 ...... 9,389 8,759 ...... 8,759
.... ...... .. 1 ...... 1 613 ...... 613
410 ... .. 410 3,459 ...... 3,459 3,241 ...... 3,241
163 .. 163 1,275 ...... 1,275 1,212 ...... 1,212
21 ...... 21 208 ...... 208 217 ...... 217

1,618 ...... 1,618 14,333 ...... 14,333 14,042 ...... 14,042


86 ...... 86 873 ...... 873 936 ...... 936
18 ...... 18 148 ...... 148 172 ...... 172
9 ...... 9 84 ...... 84 83 ...... 83
11 ...... 11 176 ...... 176 294 .. 294
21 ...... 21 10 ...... 10 -32 ...... -32
10 ...... 10 95 ...... 95 69 ...... 69

154 ...... 154 1,386 .... 1,386 1,522 ...... 1,522

16 3 13 128 23 104 125 23 102
...... 88 -88 ...... 916 -916 ...... 873 -873
...... .... ...... (* ) ...... (" ) ...... ...... .......

3,935 2,117 1,818 57,370 16,028 41,342 63,965 18,884 45,081


Table continued on next page.







Table 5. Outlays of the U.S. Government, June 1987 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts Outlays Outlays Receipts Outlays Outlays Receipts Outlays


Department of Commerce:
General Administration .. .. . .....
Bureau of the Census ........................... ..
Economic and Statistical Analysis .... ............. .
Economic Development Assistance ....................
Promotion of Industry and Commerce................ .
Science and technology:
National Oceanic and Atmospheric Administration ......
Patent and Trademark Office .......................
National Bureau of Standards .....................
National Telecommunications and Information
Adm inistration ........... .......... .. ...

Total-Science and technology ........ .........

Proprietary receipts from the public .. ..............
Intrabudgetary transactions ............... .......

Total-Department of Commerce..................

Department of Defense-Military:
Military personnel:
Department of the Army ...........................
Department of the Navy ... ...............
Department of the Air Force ............. .

Total-Military personnel. ........ .............

Operation and Maintenance:
Department of the Army . . .
Department of the Navy .. .. ..................
Department of the Air Force . ........
Defense agencies ................................

Total-Operation and Maintenance ................

Procurement:
Department of the Army .. .... ............. ....
Department of the Navy .. ...................
Department of the Air Force ...... .. ..... .........
Defense agencies ...................... ...

Total- Procurement .......... ........... .

Research, Development, Test, and Evaluation:
Department of the Army ...... .. ............. .
Department of the Navy ...........................
Department of the Air Force .......... .............
Defense agencies ................................

Total-Research, Development, Test, and Evaluation .

Military Construction:
Department of the Army ..... ........ ..
Department of the Navy ............ ...............
Department of the Air Force ............ .
Defense agencies ...............................

Total- Military construction .......... ........ ...

Family housing ........... ..... ........ .
Revolving and Management Funds:
Public Enterprise Funds ...... ........ ......
Intragovernmental Funds:
Department of the Army ........................
Department of the Navy .................... .
Department of the Air Force .....................
Defense agencies ............. .................
O other ................................. ........ .
Proprietary receipts from the public ........ .
Intrabudgetary transactions .......... .. .........

Total-Department of Defense-Military ............


$8 $13
30
5

.. 19

2 91
6
6

3


$384
161
47

176

859
62
82

25


$63 $321
..... 161
. .. 47
. (**)
. 176

20 839
. .. 62
. .. 82

25S


$68 $265
131
.. 46
... --39
185

13 938
-. 59
89

22


108 2 106 1,028 20 1,008 1,120 13 1,108

4 -4 ...... 34 -34 ... 41 -41
("* ) ...... (**) -4 .... -4 -74 ...... -74

182 14 168 1,791 117 1,674 1,702 121 1,580



2.504 ...... 2,504 20,994 ...... 20,994 20,500 ...... 20,500
2,087 ..... 2,087 18,551 18,551 17,644 ...... 17,644
1,795 ... 1,795 15,811 15,811 15,188 15,188

6,386 .. ... 6,386 55,356 ...... 55,356 53,332 ...... 53,332


1,967 ...... 1,967 16,308 ...... 16,308 15,287 ...... 15,287
2,210 ...... 2,210 18,470 ...... 18,470 18,118 18,118
1,951 ...... 1,951 15,440 ... 15,440 15,863 ...... 15,863
671 ...... 671 6,218 ...... 6,218 5,881 ...... 5,881

6,799 ...... 6,799 56,436 ...... 56,436 55,149 ...... 55,149


1,253 1,253 11,969 ...... 11,969 11,269 ...... 11,269
2,812 2,812 21,558 .. 21,558 20,294 .. 20,294
2,988 .... 2,988 24,688 ... 24,688 24,321 .... 24,321
134 ...... 134 1,421 .. 1,421 740 ...... 740

7,187 ...... 7,187 59,636 ...... 59,636 56,625 ...... 56,625


425 .... 425 3,450 ...... 3,450 2,965 ...... 2,965
721 ...... 721 6,686 ...... 6,686 7,025 ...... 7,025
1,040 1,040 10,367 .. 10,367 10,191 .. ... 10,191
510 ...... 510 4,563 ...... 4,563 3,654 ...... 3,654

2,696 ...... 2,696 25,066 ...... 25,066 23,834 ...... 23,834


214 ... 214 1,429 ...... 1,429 1,069 ..... 1,069
133 ...... 133 1,142 ..... 1,142 998 ..... 998
148 148 1,277 ..... 1,277 1,188 ..... 1,188
34 ...... 34 372 ...... 372 327 ...... 327

530 .... 530 4,219 ...... 4,219 3,582 ..... 3,582

245 ...... 245 2,092 ...... 2,092 2,071 (") 2,070

(**) (**) (") 11 2 9 2 2 ("*)

4 ...... 4 367 ...... 367 678 ...... 678
283 ...... 283 1,783 46 1,737 1,049 124 925
42 ...... 42 44 ...... 44 563 ...... 563
-105 ...... -105 599 ...... 599 893 ...... 893
29 26 3 271 238 33 261 223 37
83 -83 ... 583 -583 ..... 550 -550
26 ...... 26 343 ..... 343 318 ...... 318

24,121 109 24,012 206,223 869 205,354 198,356 900 197,456


Table continued on next page.


. .
. .
.
. .






Table 5. Outlays of the U.S. Government, June 1987 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification GrossGr AppApplicable Gross Applicable
Outlays Receipts Outlays Outlays Receipts Outlays Outlays Receipts Outlays


Department of Defense-Civil
Corps of Engineers:
General investigations .............................
Construction, general .............................
Operation and maintenance, general.................
Flood control and coastal emergencies ...............
Other ..........................................
Proprietary receipts from the public ..................

Total-Corps of Engineers ................ .....

Military retirement fund:
Payments to military retirement fund .................
Military retirement fund ....... ................ .
Intrabudgetary transactions ........................
Other. .........................................
Proprietary receipts from the public ................ .

Total-Department of Defense-Civil ..............

Department of Education:
Office of Elementary and Secondary Education:
Compensatory education for the disadvantaged ........
Impact aid .................. ..................
Special Programs ................................
Indian Education .................................

Total-Office of Elementary and Secondary Education

Office of Bilingual Education and Minority Languages
Affairs ..........................................
Office of Special Education and Rehabilitative Services:
Education for the handicapped ................... .
Rehabilitation services and handicapped research ......
Payments to institutions for the handicapped ..........
Office of Vocational and Adult Education ...............
Office of Postsecondary Education:
College housing loans ........................ .
Student financial assistance ........................
Guaranteed student loans .........................
Higher education ................................
Howard University ................................
Higher education facilities loans and insurance ........

Total-Office of Postsecondary Education ...........

Office of Educational Research and Improvement ........
Departmental Management ..........................
Proprietary receipts from the public ...................

Total-Department of Education ..................

Department of Energy:
Atomic energy defense activities ......................
Energy programs:
General science and research activities ..............
Energy supply, R and D activities ...................
Uranium supply and enrichment activities.............
Fossil energy research and development .............
Naval petroleum and oil shale reserves ..............
Energy conservation ..............................
Strategic petroleum reserve ........................
Federal Energy Regulatory Commission ..............
Alternative Fuels Productions.......................
Nuclear waste disposal fund .......................
Other .............. .......................

Total-Energy Programs .........................

Power Marketing Administration ......................
Departmental Administration .........................
Proprietary receipts from the public ...................
Intrabudgetary transactions ..........................

Total-Department of Energy .....................


$11 ......
84 ......
119 ......
17 ......
-16 ......
. ... $15


$11 $92 ...... $92 $95 ......
84 684 ...... 684 647 ......
119 893 ...... 893 900 ......
17 195 ...... 195 269 ......
-16 149 ...... 149 165 ......
-15 ...... $57 -57 ...... $28


215 15 200 2,013 57 1,956 2,076 28 2,048


. ...... ...... 10,524 .. 10,524 10,500 ...... 10,500
1,514 ...... 1,514 13,520 ...... 13,520 13,183 ...... 13,183
.. .. ....... ...... -10,524 ...... -10,524 -10,500 ...... -10,500
-18 ...... -18 -112 (") -113 -42 (**) -42
...... (* ) (" ) ...... 4 -4 ...... 5 -5

1,710 15 1,695 15,421 62 15,359 15,217 33 15,183



594 ...... 594 2,750 ...... 2,750 2,792 ...... 2,792
105 ...... 105 609 ...... 609 565 ...... 565
44 ...... 44 569 ...... 569 -135 ...... -135
1-3 ...... -3 14 ... 14 32 ...... 32

740 ...... 740 3,942 ...... 3,942 3,254 ...... 3,254


1-5 ...... -5 90 ...... 90 76 ...... 76

1-40 ...... -40 992 ...... 992 1,435 ...... 1,435
98 ...... 98 1,082 .. .. 1,082 1,094 ...... 1,094
5 ...... 5 86 .. .. 86 87 ...... 87
36 ...... 36 950 ...... 950 733 ...... 733

3 129 -127 55 495 -441 38 138 -100
336 ...... 336 3,709 ...... 3,709 4,397 ...... 4,397
187 20 167 2,025 20 2,005 2,349 ...... 2,349
1-30 ...... -30 267 ...... 267 -65 ...... -65
15 ...... 15 173 ...... 173 88 ...... 88
'-12 ...... -12 -74 ...... -74 5 ...... 5

500 150 350 6,155 515 5,640 6,811 138 6,674

(**) ...... (**) 164 ...... 164 -22 -22
27 ...... 27 212 ...... 212 188 ...... 188
...... 2 -2 ...... 27 -27 ...... 53 -53

1,361 151 1,210 13,672 542 13,130 13,656 191 13,465


654 ...... 654 5,537 ...... 5,537 5,592 ...... 5,592

52 ...... 52 503 ...... 503 516 ...... 516
191 ...... 191 1,491 ... .. 1,491 1,564 .. .. 1,564
123 ...... 123 812 ...... 812 869 ...... 869
28 ...... 28 236 ...... 236 252 ...... 252
10 ...... 10 105 .. 105 119 .. 119
35 ...... 35 181 ...... 181 352 ...... 352
96 ...... 96 583 ...... 583 475 ...... 475
7 ...... 7 68 .. 68 69 .. 69
(**) ...... (**) 1 ...... 1 11 ...... 11
43 ...... 43 326 ...... 326 289 ...... 289
22 ...... 22 191 ...... 191 180 ...... 180

607 ...... 607 4,496 ...... 4,496 4,696 ...... 4,696

112 103 9 924 849 74 957 889 68
36 ...... 38 274 ...... 274 272 ...... 272
...... 205 -205 ...... 2,094 -2,094 ...... 2,070 -2,070
1 ...... 1 -66 ...... -66 -69 ..... -69

1,410 308 1,101 11,165 2,944 8,221 11,448 2,959 8,489


Table continued on next page.







Table 5. Outlays of the U.S. Government, June 1987 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification G s p
OutlayClassifications ReApplicablepts utla Gross Applicable Gross Applicable
Outlays Receipts Outlays Outlays Receipts Outlays Outlays Receipts Outlays


Department of Health and Human Services Except Social
Security:
Public Health Service:
Food and Drug Administration ...................
Health Resources and Services Administration:
Public enterprise funds:
Medical facilities guaranteed and loan fund........
O their ............. .. ......................
Health resources and services ......... .........
Indian health and facilities .......................
Centers for Disease Control ......................
National Institutes of Health:
Cancer Research .. ...... ... ...............
Heart, Lung, and Blood Research .................
National Institute of Diabetes, and Digestive and
Kidney Diseases ....... ....................
Neurological and Communicative Disorders and Stroke
Allergy and Infectious Diseases .. .......
General Medical Sciences .......................
Child Health and Human Development .............
Other research institutes..................... .
Research resources...........................
Other ......................... .............
Total-National Institutes of Health ............ .

Alcohol, Drug Abuse, and Mental Health Administration .
Office of Assistant Secretary for Health ..............
Total-Public Health Service .....................
Health Care Financing Administration:
Grants to States for Medicaid .............. .
Payments to health care trust funds .................
Program management ............................
Other ....................................... .
Federal hospital insurance trust fund:
Benefit payments...................... ......
Administrative expenses and construction ...........
Interest on normalized tax transfers...............
Total- FHI trust fund .. .............. .
Federal supplementary medical ins. trust fund:
Benefit payments ...............................
Administrative expenses and construction...........
Total- FSMI trust fund ............. ..........
Total-Health Care Financing Administration ........
Social Security Administration:
Payments to social security trust funds ...............
Special benefits for disabled coal miners .............
Supplemental security income program ..............

Total-Social Security Administration...............
Family Support Administration:
Program Administration ...........................
Family Support Payments to States..................
Low Income Home Energy Assistance ...............
Refugee and Entrant Assistance ....... .......... .
Community Services ..............................
W ork Incentives. .............. .............
Total-Family Support Administration ..............
Human Development Services:
Social services block grants ............ ...........
Human development services ......................
Family social services ........................ .
O their .. .............................
Total-Human Development Services ..............

Departmental management .... ....................
Proprietary receipts from the public ................
Intrabudgetary transactions:
Payments for health insurance fr the aged:
Federal hospital insurance trust fund ...............
Federal supplementary medical insurance trust fund ..
Payments for tax and other credits:
Federal hospital insurance trust fund...............
Other ..................................
Total-Department of Health and Human Services,
Except Social Security........................
Table continued on next page.


$36 (**) $36 $311 $2 $309 $310 $2 $308


5 ......
113 .
78 ......
48 ......


5
113
78
48


105 ......
78 .

52 ......

32 ......
40 ......
32 .
73 ......
26 ......
47 ......
529 ......

125 .
22 .. ...
958 (**)


2,435 ......
1,823 ......
7 .....
-2 ......
4,321 ......
132 .

4.453 .


2,652 ......
31 ......
2,684 ......
11,400 .


529

125
22


2,435
1,823
7
-2

4,321
132

4,453


2,652
31
2,684
11,400


14 ......
1,106 ......
651 ......
327 ......


14
1,106
651
327


921 ......
624 ......

366 ......
326 .
290 ......
348 ......
241 .
501 ......
217 ......
96 ......
3,931 .

891 ......
149 .
7,379 2


20,467 ......
15,980 .
68 ......
-5 -I1

37,993 ......
679 .

38,672 ......


3,931

891
149


20,467
15,980
68
-5

37,993
679

38,672


21,961 ......
669 ......
22,630 ......
97,812 1


21,961
669
22,630
97,812


.. 1
22 ......
1,155 ......
641 .
320 .....


905 ......
650 .

413 ......
298 .
281 .
351 ......
240 .
460 ......
229 ......
63 ......
3,891 .

754 .
146 .. ...
7,239 3


18,546 ......
13,767 ......
53 ......
-4 4

36,317 ......
489 ......

36,806 ......


18,112 ......
784 ......
18,896 ......
88,064 4


215 .. 215 4,136 .... 4,136 7,603 ...... 7,603
80 .. 80 720 ...... 720 751 ...... 751
932 ...... 932 8,162 ...... 8,162 7,703 ...... 7,703
1,227 ...... 1,227 13,018 ...... 13,018 16,057 ...... 16,057

6 ...... 6 40 ...... 40 ...
734 ...... 734 7,964 ...... 7,964 7,445 ...... 7,445
76 ...... 76 1,732 .... 1,732 1,923 .. .. 1,923
36 ...... 36 326 ...... 326 289 ...... 289
35 ...... 35 272 ...... 272 259 ...... 259
8 ...... 8 92 ...... 92 81 ...... 81
896 ...... 896 10,425 ...... 10,425 9,997 ...... 9,997

125 ...... 125 2,055 ...... 2,055 2,012 ...... 2,012
116 .. 116 1,460 ...... 1,460 1,489 .... 1,489
80 ...... 80 622 ...... 622 596 ...... 596

321 ...... 321 4,137 ...... 4,137 4.097 ...... 4,097

-5 .. -5 85 ...... 85 155 ...... 155
...... $561 -561 ...... 4,845 -4,845 ...... 4,314 -4,314


-1,770 ... -1,770 -15,129 .. ... -15,129 -13,631 .. ... -13,631

-53 ...... -53 -850 ...... -850 -136 ...... -136
...... ...... ...... ...... ...... ...... 380 ...... 380

12,974 562 12,412 116,876 4,846 112,030 111,462 4,320 107,142


905
650

413
298
281
351
240
460
229
63
3,891

754
146
7,236


18,546
13,767
53
-8

36,317
489

36,806


18,112
784
18,896
88,061






Table 5. Outlays of the U.S. Government, June 1987 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gross Applicable
Outlaysl Receipts Outlays Outlays Receipts Outlays Outlays Receipts Outlays


Department of Health and Human Services, Social
Security:
Federal old-age and survivors insurance trust fund:
Benefit payments .. ..........................
Administrative expenses and construction ...........
Payment to railroad retirement account .............
Interest expense on interfund borrowings ...........
Interest on normalized tax transfers ............. ..

Total- FOASI trust fund .......................

Federal disability insurance trust fund:
Benefit paym ents ................................
Administrative expenses and construction ...........
Payment to railroad retirement account .............
Interest on normalized tax transfers. ............ ..

Total- FDI trust fund ..........................

Proprietary receipts from the public ............... ..
Intrabudgetary Transactions2 ................... .

Total-Department of Health and Human Services,
Social Security .......................... .

Department of Housing and Urban Development:
Housing Programs:
Public enterprise funds:
Federal Housing Administration fund ...............
Housing for the elderly or handicapped fund ........
Other ............... .......................
Rent supplement payments ....................... .
Homeownership assistance .................... .
Rental housing assistance .........................
Low-rent public housing ....................... .
College housing grants ...........................
Lower income housing assistance ...................
O their ............. ............................

Total-Housing Programs .......... ... ....... .

Public and Indian Housing:
Payments for operation of low-income housing projects .
Low-rent housing-loans and other expenses .........

Total-Public and Indian Housing ..............

Government National Mortgage Association:
Management and liquidating functions fund ...........
Guarantees of mortgage-backed securities ............
Participation sales fund ...........................

Total-Government National Mortgage Association ...

Community Planning and Development:
Public enterprise fund............................
Community Development Grants ....................
Urban development grants .........................
Other ..........................................

Total-Community Planning and Development .......

Management and administration ................... .
O their ..................... ......................

Total-Department of Housing and Urban Development.

Table continued on next page.


$15,239 ...... $15,239 $136,080 ...... $136,080 $129,672 ...... $129,672
142 ...... 142 1,228 .... 1,228 1,190 ... ... 1,190
2,557 ...... 2,557 2,557 ...... 2,557 2,585 ...... 2,585
.... ...... ... ...... 542 ...... 542
351 ...... 351 625 ...... 625 471 ...... 471

18,289 ...... 18,289 140,490 ...... 140,490 134,460 ...... 134,460


1,706 ...... 1,706 15,295 ...... 15,295 14,523 ...... 14,523
61 ...... 61 461 .. 461 440 ...... 440
57 ...... 57 57 ...... 57 68 ...... 68
34 .. 34 60 ...... 60 45 ...... 45

1,857 ...... 1,857 15,873 ...... 15,873 15,076 ...... 15,076

(**) ( *) $33 -33 (**) ( )
-214 ...... -214 -4,135 ...... -4,135 -7,765 ...... -7,765


19,932 (") 19,932 152,228 33 152,195 141,771 (**) 141,770




691 $549 142 4,175 4,764 -589 2,459 $3,652 -1,192
30 50 -20 838 390 448 866 346 521
39 6 33 77 49 28 23 44 -21
3 ...... 3 36 ...... 36 35 ...... 35
15 ...... 15 133 ...... 133 171 ...... 171
56 ...... 56 473 ...... 473 464 ...... 464
75 ...... 75 625 ...... 625 1,556 ...... 1,556
4 ...... 4 17 ...... 17 17 ...... 17
713 ...... 713 6,054 ...... 6,054 5,670 ...... 5,670
-30 ...... -30 2 ...... 2 43 ...... 43

1,597 605 991 12,429 5,203 7,226 11,306 4,041 7,265


147 ...... 147 972 ...... 972 905 ...... 905
128 8 120 1,134 98 1,036 733 108 625

275 8 267 2,106 98 2,008 1,638 108 1,530


8 27 -19 104 384 -280 261 1,033 -772
23 34 -11 122 311 -190 17 232 -215
7 ...... 7 40 ...... 40 -75 ...... -75

37 60 -23 266 695 -429 203 1,265 -1,062


8 16 -8 56 121 -65 79 99 -20
283 3 280 2,255 24 2,231 2,625 49 2,576
38 ...... 38 292 ...... 292 345 ...... 345
11 ...... 11 84 ...... 84 60 ...... 60

340 19 321 2,686 145 2,542 3,108 148 2,960

19 .. 19 215 ...... 215 223 ...... 223
1 ...... 1 20 ...... 20 42 ...... 42

2,269 693 1,576 17,722 6,141 11,581 16,520 5,562 10,958






Table 5. Outlays of the U.S. Government, June 1987 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts Outlays Outlays Receipts Outlays Outlays Receipts Outlays


Department of the Interior:
Land and minerals management:
Bureau of Land Management:
Management of lands and resources .........
Payments in lieu of taxes ........................
Other ..................................
Minerals Management Service ..............
Office of Surface Mining Reclamation and Enforcement.

Total-Land and minerals management ............

Water and science:
Bureau of Reclamation:
Construction program ..........................
Operation and maintenance ......................
O their ................. ........ ........
Geological Survey ................................
Bureau of M ines ..............................

Total-Water and science .. ..... ...

Fish and wildlife and parks:
United States Fish and Wildlife Service .. .
National Park Service ............ ........ ..

Total-Fish and wildlife and parks .. .... ..

Bureau of Indian Affairs:
Operation of Indian programs .. ..... .
C construction .......... ........ ...... ... ..
Indian tribal funds .......... ..... .. ..........
O other ............. ...... ...... ........ .... ..

Total-Bureau of Indian Affairs ... .

Territorial and International Affairs ........ . .
Departmental offices................. .... ....
Proprietary receipts from the public:
Receipts from oil and gas leases, national petroleum
reserve in Alaska..............................
O their ................. ... .................
Intrabudgetary transactions .......... ............

Total-Department of the Interior .................

Department of Justice:
Legal activities ................... ...............
Federal Bureau of Investigation ................... .
Drug Enforcement Administration ........... ....... .
Immigration and Naturalization Service.................
Federal Prison System ......................
Office of Justice Programs. ............. ........ .
Other ................ .....................

Total-Department of Justice.....................

Department of Labor:
Employment and Training Administration:
Training and employment services ...............
Community service employment for older Americans ....
Federal unemployment benefits and allowances .......
State unemployment insurance and employment
service operation ...........................
Advances to the unemployment trust fund and other
funds ......................................
O their ..........................................


110 ...... 110 1.074 ...... 1,074 1,085 ...... 1,085



53 (") 53 540 $46 493 613 $70 543
10 ...... 10 97 ...... 97 109 ...... 109
15 ...... 15 133 ...... 133 111 ...... 111
29 ...... 29 277 ...... 277 313 ...... 313
12 $2 10 112 15 96 113 21 92

120 2 118 1,158 62 1,097 1,258 91 1,167


49 .. 49 444 ...... 444 440 ...... 440
77 ...... 77 683 .... 683 678 ...... 678

126 .. 126 1,128 ...... 1,128 1,118 .. 1,118


77 ...... 77 702 ...... 702 679 ...... 679
2 ...... 2 68 ...... 68 84 ...... 84
25 ...... 25 240 ...... 240 249 ...... 249
10 1 10 53 8 45 42 7 35

115 1 114 1,064 8 1,055 1,055 7 1,048

22 ...... 22 375 1 374 139 1 138
6 ...... 6 61 ...... 61 80 ...... 80


...... 1 1 ...... 1 1 ...... 1 1
109 -109 ...... 1,054 -1,054 ...... 1,280 -1,280
('') ...... (**) -33 ...... -33 -7 ...... -7

498 113 386 4,826 1,126 3,700 4,728 1,379 3,349


69 ...... 69 584 ...... 584 577 ...... 577
97 ...... 97 870 ...... 870 879 ...... 879
45 ...... 45 310 .... 310 267 267
69 ...... 69 487 ...... 487 429 ...... 429
63 3 60 550 29 521 481 24 457
25 (**) 25 170 (*) 170 126 (**) 126
-2 ...... -2 56 ...... 56 74 ...... 74

365 3 362 3,027 29 2,998 2,832 24 2,808



383 ...... 383 2,404 ...... 2,404 2,457 ...... 2,457
28 ...... 28 282 ...... 282 240 ...... 240
14 14 97 .. 97 -16 ...... -16

3 ...... 3 68 ...... 68 33 ...... 33

9 .... ..9 98 ...... 98 151 ...... 151
5 ...... 5 46 ...... 46 45 ...... 45


Table continued on next page.






Table 5. Outlays of the U.S. Government, June 1987 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Outlays Gross Applicable Outlays Gross Applicable Outlays
Outlays Receipts y Outlays Receipts Outlays Receipts


Department of Labor:-Continued
Employment and Training Administration:-Continued
Unemployment trust fund:
Federal-State unemployment insurance:
State unemployment benefits ................... $1,173 ......
State administrative expenses .................. 215 ... .
Federal administrative expenses ............. .. 9 ......
Veterans employment and training ............... 12 ......
Repayment of advances from the general fund..... ...... ......
Railroad unemployment benefits ................ 8 ....
Other ....................................... 2 ......


$1,173 $12,188 ......
215 1,720 .
9 74 ......
12 100 ......
. 803 ......
8 140 .
2 18 ......


$12,188 $12,265 ......
1,720 1,771 ......
74 104 ......
100 90 ......
803 944 ......
140 149 ......
18 28 ......


Total-Unemployment trust fund ............... 1,419 ......


Total-Employment and Training Administration .... 1,862 ......


1,419 15,044 ......


1,862 18,039 ......


15,044 15,351 ......


18,039 18,260 ......


Labor-Management Services ....................... 4 ......
Pension Benefit Guaranty Corporation ............... 55 $45
Employment Standards Administration:
Salaries and Expenses ........................ 11 ......
Special benefits ................................. 83 ......
Black lung disability trust fund ................... 57 .. ...
Special workers compensation expenses .......... 6 ......
Occupational safety and health administration ....... 16 ......
Mine safety and health administration .............. 11 ......
Bureau of Labor Statistics ........................ 6 ......
Departmental management ........................ 8 ......
Proprietary receipts from the public ............... ...... (*V )
Intrabudgetary transactions ....................... 27 ....


Total-Department of Labor .................... 2,093


4 42 ......
10 380 $330

11 125 ......
83 -132 ......
57 479 ......
6 53 .
16 158 .
11 107 .
6 117 ......
8 97 ......
( *) ...... 2
-27 -1,069 ......


45 2,047 18,397 332


42 40 ......
50 168 $286

125 132 ......
-132 84 ......
479 459 ......
53 49 .
158 156 ......
107 109 ......
117 88 ......
97 96 ......
-2 ...... 12
-1,069 -1,193 ......


18,066 18,447 298


Department of State:
Administration of Foreign Affairs:
Salaries and expenses ............................ 139 ......
Acquisition and maintenance of buildings abroad ...... 25 ......
Payment to Foreign Service retirement and disability
fund ........................................ ...... ......
Foreign Service retirement and disability fund ......... 12 ......
O their .................... ....... .. ........... 2 ......

Total-Administration of Foreign Affairs............. 177 ......

International Organizations and Conferences ............ 14 ......
International Commissions ........................... 1 ......
Migration and Refugee Assistance .................... 19 ......
International Narcotics Control .................. ..... 6 ......
Other .................... ...................... 3 ......
Proprietary receipts from the public ................... ...... (* *)
Intrabudgetary transactions .......................... (* ) ......

Total-Department of State ...................... 221 (**)

Department of Transportation:
Federal Highway Administration:
Highway trust fund:
Federal-aid highways .......................... 1,425 .
Other ...................................... 3 ......
Other programs ................................. 7 ......

Total-Federal Highway Administration ............. 1,435 ......


139 1,091 ......
25 182 .

...... 127 ......
12 191 ......
2 31 ......


1,091 994 ......
182 180 ......

127 118 ......
191 181 ......
31 17 ......


177 1,623 ...... 1,623 1,491 ...... 1,491


14 287 ......
1 19 ......
19 241 .
6 43 .
3 36 ......
(* ) ...... (*")
('') -174 ......


287 469
19 20 ......
241 258 ......
43 42
36 35 ......
(**) 4
-174 -163 ......


220 2,074 (**) 2,074 2,152 4 2,149


1,425 8,795 ......
3 38 22
7 72 ......


1,435 8,904


8,795 9,550 ......
16 41 1
72 130 ......


22 8,882 9,721


National Highway Traffic Safety Administration ..........


Table continued on next page.


$12,265
1,771
104
90
944
149
28


15,351


18,260


40
-118

132
84
459
49
156
109
88
96
-12
-1,193


18,149


18 .


18 158 ......


9,550
40
130


1,720


158 159 ......


1 9


159






Table 5. Outlays of the U.S. Government, June 1987 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts t Outlays Receipts Outlays Outlays Recepts Outlays


Department of Transportation:-Continued
Federal Railroad Administration:
Grants to National Railroad Passenger Corporation .....
O the r ... ... .......... .......................

Total-Federal Railroad Administration .............

Urban Mass Transportation Administration:
Form ula grants ........ .................. ....
Discretionary grants .............................
O their .... ................... .......
Federal Aviation Administration:
O operations .............. .....................
O the r ........... .. ...........................
Airport and airway trust fund:
Grants-in-aid for airports ..... ...............
Facilities and equipment ......... ...............
Research, engineering and development............
O operations ............. ..... .... ...........

Total-Airport and airway trust fund ..............

Total-Federal Aviation Administration .............

Coast Guard:
Operating expenses ................... ......
Acquisition, construction, and improvements ..........
Retired pay .....................................
O their .............. ...........................

Total- Coast Guard ... ..... ............

Maritime Administration:
Public enterprise funds ............................
Operating-differential subsidies .....................
Other ................ .........................
O their ........ ........... .......................
Proprietary receipts from the public .................. .
Intrabudgetary transactions ........ ..................

Total-Department of Transportation ............

Department of the Treasury:
Departmental Offices ......... ................
Office of Revenue Sharing:
Salaries and expenses ............................
General Revenue Sharing .........................
Federal Law Enforcement Training Center ..............
Financial Management Service:
Salaries and expenses ............................
Claims, Judgements, and Relief Acts ................
Energy Security Reserve ..........................
Other .....................................

Total-Financial Management Service ..............

Federal Financing Bank:
Oregon Veterans Housing ........ ................
Other ......................................
Bureau of Alcohol, Tobacco and Firearms ..............
United States Customs Service .......................
Bureau of Engraving and Printing ....................
United States Mint .................................
Bureau of the Public Debt ....................... .


$1 ......
15 ......


$1 $465 -$6 $471 $528 $107 $420
15 146 (") 146 167 2 165


16 ...... 16 611 -6 617 694 109 585


146 ...... 146 1,323 ...... 1,323 1,173 ...... 1,173
54 ...... 54 456 ...... 456 514 ...... 514
89 ...... 89 644 ...... 644 768 ...... 768

211 ...... 211 1,668 ...... 1,668 1,571 ...... 1,571
11 ...... 11 68 ...... 68 76 (") 76

58 ...... 58 648 ...... 648 626 ...... 626
50 .... 50 586 ...... 586 541 ...... 541
11 11 124 ...... 124 210 ...... 210
90 ...... 90 503 ...... 503 420 ...... 420

209 ...... 209 1,861 ...... 1,861 1,797 ...... 1,797

431 ...... 431 3,596 ...... 3,596 3,444 (* ) 3,444


79 ...... 79 1,263 ...... 1,263 1,254 ...... 1,254
48 ...... 48 336 ...... 336 323 ...... 323
29 ...... 29 258 ...... 258 252 ...... 252
19 (V) 18 94 3 91 103 3 100

175 (V*) 175 1,951 3 1,948 1,932 3 1,929


44 $16 28 663 158 505 1,309 195 1,114
22 ...... 22 176 .. 176 218 .. 218
23 ...... 23 81 ...... 81 63 ...... 63
22 2 20 94 9 85 120 10 110
2 -2 ...... 52 -52 49 -49
(**) ...... (-) -6 ...... -6 -4 ...... -4

2,476 20 2,456 18,651 238 18,413 20,112 368 19,744


-76 ...... -76 -1,179 ...... -1,179 -527 ...... -527

(*) ...... (* ) 4 ...... 4 5 ...... 5
2 ...... 2 74 ...... 74 3,381 ...... 3,381
2 .. 2 14 .. 14 12 ... 12

20 ...... 20 172 ...... 172 185 ...... 185
12 .. 12 258 ...... 258 222 .. 222
3 ...... 3 32 ...... 32 24 ...... 24
-12 ...... -12 190 ...... 190 611 ...... 611

22 ...... 22 653 ...... 653 1,042 ...... 1,042


.... .... .. .. .. .... ... 60 60
2,729 2,031 698 9,659 9,637 22 10,454 10,444 10
22 .. 22 134 .... 134 125 ...... 125
106 ...... 106 769 ...... 769 594 ...... 594
2 ...... 2 -26 ...... -26 -24 ...... -24
9 ...... 9 87 ...... 87 87 .... 87
22 ...... 22 154 ...... 154 144 ...... 144


Table continued on next page.






Table 5. Outlays of the U.S. Government, June 1987 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gross Applicable Outlays
Outlays Receipts Outlays Receipts Outlays Outlays Receipts Outlays


Department of the Treasury:-Continued
Internal Revenue Service:
Salaries and expenses .............. ........... .
Processing tax returns ............................
Examinations and appeals .......................
Investigation, collection and taxpayer service ..........
Payment where credit exceeds liability for tax .........
Refunding internal revenue collections, interest ......
Internal revenue collections for Puerto Rico ...........
Other ....................... .. ..................

Total-Internal Revenue Service ..................


$9 ...... $9 $67 ...... $67 $67 ......
118 ...... 118 1,039 ...... 1,039 934 ......
166 ...... 166 1,181 ...... 1,181 1,059 ......
124 ...... 124 878 ...... 878 828 ......
53 ... 53 1,371 .. 1,371 1,348 .
137 ...... 137 1,340 .... 1,340 1,367 ......
22 ...... 22 173 .. 173 146 ......
(*) () (**) 3 $3 1 2 $1


630 (**) 630 6,053 3 6,050 5,750 1 5,749


United States Secret Service ......................... 32 ...... 32 236 ...... 236 219 ...... 219
Comptroller of the Currency .......................... 20 $1 20 138 109 29 161 121 41
Interest on the public debt:
Public issues (accrual basis) ....... ................ 13,108 ...... 13,108 117,160 ... 117,160 117,371 .. 117,371
Special issues (cash basis) ....... ............... 14,791 .. .. 14,791 336,314 ...... 36,314 31,839 ...... 31,839

Total-Interest on the public debt ................. 27,899 ...... 27,899 153,474 ...... 153,474 149,210 ...... 149,210

Proprietary receipts from the public ................... ... .. 112 -112 .. 2,387 -2,387 ...... 2,036 -2,036
Receipts from off-budget Federal entities ............... 384 ...... -384 -685 ...... -685 -516 ...... -516
Intrabudgetary transactions ......... ................. -2,690 -2,690 -14,409 -14,409 -14,598 ...... -14,598

Total-Department of the Treasury ................ 28,347 2,144 26,202 155,149 12,135 143,014 155,519 12,663 142,856
Environmental Protection Agency:
Salaries and expenses ..... ................... .. 70 ...... 70 515 ...... 515 484 ...... 484
Research and development .......................... 18 ...... 18 155 ...... 155 143 ...... 143
Abatement, control, and compliance ............. 58 .. ...58 425 .... 425 341 ...... 341
Construction grants................................. 263 ...... 263 2,190 ...... 2,190 2,312 ...... 2,312
Hazardous substance superfund ...... ............ 64 ...... 64 358 ...... 358 354 ...... 354
Other .................................. ........ 1 (**) (*) 654 1 654 154 1 153
Proprietary receipts from the public ................... ...... 1 -1 ...... 14 -14 ...... 15 -15
Intrabudgetary transactions .......................... .... ..... ...... 650 ...... -650 -150 ...... -150


Total-Environmental Protection Agency ........... 474


1 472 3,648


14 3,634 3,638


General Services Administration:
Real property activities ................... ......... .. 147 (" )
Personal property activities .......................... -51 ......
Information Resources Management Service ............ -7 ......
Federal Property Resources Activities.................. 3 ......
General activities .................................. 6 ......
Proprietary receipts from the public ................... ...... 10
O their ........... ........... .... ... ............ ...... 4

Total-General Services Administration ............ 98 14


147 -123 6 -130 4 3 2
-51 119 ...... 119 279 ...... 279
-7 -46 ...... -46 -24 ...... -24
3 -9 ...... -9 -125 ...... -125
6 91 ...... 91 99 ...... 99
-10 ...... 49 -49 ...... 47 -47
-4 ...... -18 18 ...... -70 70

84 31 37 -6 232 -20 253


National Aeronautics and Space Administration:
Research and development .......................... 224 ...... 224 1,671 ...... 1,671 1,900 1,900
Space flight, control, and data communications .......... 317 ...... 317 2,735 ...... 2,735 2,533 ...... 2,533
Construction of facilities ........................... 11 ...... 11 113 ...... 113 141 ...... 141
Research and program management .................. 147 ...... 147 1,058 ...... 1,058 1,007 ...... 1,007
O their .............. ........... ............ ...... .. .... ...... .... ...... ...... (**) ...... ( )


Total-National Aeronautics and Space
Administration ................... ............


699 ......


699 5,578 ...... 5,578 5,581 ...... 5,581


Office of Personnel Management:
Government payment for annuitants, employees
health benefits .......................... ... .... 146 ...... 146 1,170 ...... 1,170 738 ...... 738
Payment to civil service retirement and disability fund .... (*) ...... (**) 1 ...... 1 1 ...... 1
Civil service retirement and disability fund .............. 2,306 .. 2,306 19,002 .. 19,002 17,903 ...... 17,903
Employees health benefits fund ....................... 561 638 -76 5,383 5,265 119 5,422 5,950 -528
Employees life insurance fund ........................ 78 83 -4 727 1,242 -515 702 1,267 -565
Retired employees health benefits fund ................ 1 1 (") 10 8 2 8 9 (**)
Other ....................... ............ -23 ...... -23 83 ...... 83 83 ...... 83
Intrabudgetary transactions:
Civil service retirement and disability fund:
General fund contributions ..................... (* ) ...... (**) -1 ...... -1 -1 ...... -1
Other ......... ... ........... .......... 3 ...... 3 24 ...... -24 25 ...... -25

Total-Office of Personnel Management ............ 3,067 721 2,346 26,352 6,515 19,837 24,831 7,225 17,606
Table continued on next page.


$67
934
1,059
828
1,348
1,367
146
(**)


16 3,622







Table 5. Outlays of the U.S. Government, June 1987 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification
Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts Outlays Outlays Receipts Outlays Outlays Receipts Outlays

Small Business Administration:
Public enterprise funds:
Business loan and investment fund .................. $118 $111 $7 $1,141 $1,109 $31 $1,139 $815 $324
Disaster loan fund............................ .. 17 52 -35 332 587 -255 446 578 -132
Other ............................ ............ 3 1 2 24 10 14 24 11 13
Other ................. ........................ 29 ...... 29 210 (**) 210 215 ...... 215


Total-Small Business Administration .............


166 164 2 1,706 1,706 (**) 1,825 1,405 420


Veterans Administration:
Public enterprise funds:
Loan guaranty revolving fund ............. ......... 223 117 106 1,662 1,389 272 1,349 1,102 247
Direct loan revolving fund ......................... 1 4 -3 14 39 -24 25 43 -18
Other ........................... ......... 37 66 -29 356 397 -41 360 356 4
Compensation and pensions .................. .... 1,210 ...... 1,210 10,830 ..... 10,830 10,808 10,808
Readjustment benefits .............................. 65 ...... 65 658 ...... 658 803 ...... 803
Medical care ........................ ........... 1,002 ...... 1,002 7,155 ...... 7,155 6,715 ...... 6,715
Medical and prosthetic research ............... 21 .. 21 144 ...... 144 136 ...... 136
General operating expenses ....... .............. 44 ...... 44 550 ...... 550 551 ...... 551
Construction projects .. ..................... ...... 49 ...... 49 396 ...... 396 403 ...... 403
Post-Vietnam era veterans education account ........... 21 ...... 21 228 ...... 228 178 ...... 178
Insurance funds:
National service life.... .............. ... ......... .. 84 ...... 84 776 ...... 776 788 .... 788
United States government life ...................... 4 ...... 4 30 ...... 30 35 ...... 35
Veterans special life .. ...... .. . .. .... 6 55 -49 58 141 -83 56 130 -74
O their .................... ....... ........ ... 14 ...... 14 65 ...... 65 84 ...... 84
Proprietary receipts from the public:
National service life............................. ...... 37 37 ...... 333 -333 ...... 333 -333
United States government life ........... ......... ...... (**) ( *) ...... ( *) (**) ...... (**) (**)
Other ................ ........ ............ ..... 35 -35 ...... 285 -285 ...... 233 -233
Intrabudgetary transactions ............... ..... -10 ...... -10 -77 ...... -77 -109 ...... -109

Total-Veterans Administration ................... 2,772 315 2,457 22,846 2,584 20,262 22,182 2,198 19,984

Independent agencies:
Action ............. .. ................. .... 10 ...... 10 113 ...... 113 120 ... 120
Board for International Broadcasting ...... 9 ...... 9 128 128 94 ...... 94
Corporation for Public Broadcasting .......... ...... .... .... 200 ...... 200 160 ...... 160
District of Columbia:
Federal payment ................... ........... ...... ...... ....... 459 ...... 459 527 ...... 527
Proprietary receipts from the public ................. ...... 2 -2 ..... 297 -297 ...... 564 564
Equal Employment Opportunity Commission ......... 13 ...... 13 116 ...... 116 120 ...... 120
Export-Import Bank of the United States ............... 553 527 26 1,966 3,259 -1,292 2,240 3,126 -885
Federal Communications Commission ............ 10 ...... 10 67 67 68 ...... 68
Federal Deposit Insurance Corporation .............. 367 361 6 7,460 7,854 -393 6,182 5,601 581
Federal Emergency Management Agency:
Public Enterprise Funds ............. .... 17 36 -20 154 289 -135 388 193 195
Salaries and expenses ............................ 15 ...... 15 92 ...... 92 93 ...... 93
Emergency management and planning assistance ...... 17 ...... 17 212 ...... 212 214 ...... 214
Emergency food distribution and shelter program .... 29 ...... 29 90 ...... 90 64 ...... 64
Federal Home Loan Bank Board:
Public enterprise funds:
Federal Home Loan Bank Board revolving fund ...... 5 6 -1 27 38 -11 33 32 1
Federal Savings and Loan Insurance Corp. fund ..... 91 392 -301 5,631 1,746 3,885 2,235 2,264 -29
Federal Trade Commission .......................... 4 ...... 4 49 ...... 49 45 ...... 45
Federal Retirement Thrift Investment Board ........ (**) 94 -94 3 130 -127 ...... ...... .......
Intragovernmental agencies:
Appalachian Regional Commission .................. 17 (") 16 108 1 107 114 1 113
Washington Metropolitan Area Transit Authority ........ 26 ...... 26 52 ...... 52 31 1 32
Other ...................................... (**) ...... (") 2 ...... 2 1 1 (*)
Legal Services Corporation .......................... 26 ...... 26 232 ...... 232 230 ...... 230
National Archives and Record Administration ............ 5 ...... 5 68 ...... 68 70 ...... 70
National Credit Union Administration:
Central liquidity facility ............................ 11 15 -4 181 187 -6 154 256 -103
Other .......... .............................. -4 7 -10 49 205 -156 -15 235 -251

Table continued on next page.





Table 5. Outlays of the U.S. Government, June 1987 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts Outlays Receipts Outsys Outlays Receipts Outlays

Independent agencies:-Continued
National Foundation on the Arts and the Humanities:
National Endowment for the Arts .................... $11 ...... $11 $104 ...... $104 $116 ...... $116
National Endowment for the Humanities .............. 13 ...... 13 92 ...... 92 94 ...... 94
Institute of Museum Services....................... (* ) ...... (* ) 15 ...... 15 15 ...... 15
National Labor Relations Board....................... 13 ...... 13 97 ...... 97 102 ...... 102
National Science Foundation ......................... 144 .... 144 1,070 1,070 1,102 1,102
Nuclear Regulatory Commission ...................... 37 ...... 37 292 ...... 292 318 ...... 318
Panama Canal Commission .......................... 41 $38 3 351 $331 20 305 $325 -20
Postal Service:
Public Enterprise Funds ........................... 42,884 2,304 579 23,500 23,920 420 23,463 24,768 -1,305
Payment to the Postal Service Fund .......... .... ... ...... ...... 488 ...... 488 540 .. 540

Railroad Retirement Board:
Federal windfall subsidy ........................... 31 ...... 31 281 ...... 281 283 ...... 283
Federal payments to the railroad retirement accounts. .. (") ...... (") 189 ...... 189 49 ...... 49
Milwaukee railroad restructuring, administration ........ (") ...... (**) 2 ...... 2 4 ...... 4
Railroad retirement accounts:
Social Security Equivalent Benefit Account .......... 322 ...... 322 2,874 ...... 2,874 2,844 ...... 2,844
Benefits payments and claims .................... 190 ...... 190 1,705 ...... 1,705 1,624 ...... 1,624
Advances to the railroad retirement account from the
FOASI trust fund ............. ................ -64 ...... -64 -565 ...... -565 -526 ...... -526
Advances to the railroad retirement account from the
FDI trust fund ................................. -4 ...... -4 -34 ...... -34 -41 ...... -41
Disbursements for the payment of FOASI benefits .... 64 ...... 64 564 ...... 564 527 ...... 527
Disbursements for the payment of FDI benefits ...... 4 ...... 4 32 ...... 32 40 ...... 40
Administrative expenses ......................... 2 ...... 2 41 ...... 41 37 ...... 37
Interest on refunds of taxes ...................... (. ) ...... (") (") ...... (") (") ...... (")
O their ................................... ... .. (* ) ...... (" ) 1 ...... 1...... .......
Intrabudgetary Transactions:
Railroad retirement account:
Payments from other funds to railroad retirement
trust funds ................................ -2,614 ...... -2,614 -2,614 ...... -2,614 -2,653 ...... -2,653
Interest on advances to railroad accounts ........... ...... ...... ...... -7 .. -7 ...... ...... .......
Repayment of advances by railroad retirement board ...... ..... ....... ..... ...... ...... ...... ..... ......
Federal payments to the railroad social security
equivalent benefit account ...................... 239 ...... 239 138 ...... 138 199 ...... 199
Federal payments to the rail industry pension fund ... ...... ...... ...... -89 ...... -89 -25 ...... -25

Total-Railroad Retirement Board ................... -1,831 ...... -1,831 2,518 ...... 2,518 2,363 ...... 2,363

Securities and Exchange Commission ................. 11 ...... 11 82 ...... 82 77 ...... 77
Smithsonian Institution ............................. 23 ...... 23 177 ...... 177 169 ...... 169
Tennessee Valley Authority .......................... 503 402 101 4,608 3,779 830 7,675 6,934 742
United States Information Agency ..................... 61 1 60 586 1 586 567 (**) 567
United States Railway Association .................... (*") ...... (") 12 (**) 12 2 ...... 2
Other independent agencies ......................... 44 4 40 503 36 466 461 60 402

Total-Independent agencies ..................... 3,173 4,189 -1,015 51,956 42,073 9,883 50,539 44,359 6,181

Undistributed offsetting receipts:
Other Interest ................................. ...... ("*) (* ) ...... 902 -902 ...... 1,071 -1,071
Employer share, employee retirement:
Legislative Branch:
United States Tax Court:
Tax court judges survivors annuity fund .......... ...... ...... .... (*) ...... ( ) (*) ...... (")
The Judiciary:
Judicial survivors annuity fund ................... ...... ..... ...... 1 ...... -1 -2 ...... -2
Department of Defense-Civil:
Military retirement fund .......................... -1,511 ...... -1,511 -13,644 ...... -13,644 -13,367 ...... -13,367
Department of Health and Human Services:
Federal old-age and survivors Insurance trust fund
(OFF-BUDGET) ............................... -253 ...... -253 -2,181 ...... -2,181 -1,903 ...... -1,903
Federal disability insurance trust fund
(OFF-BUDGET) .............................. -24 ...... -24 -210 ...... -210 -182 ...... -182
Federal hospital Insurance trust fund ............... -151 ...... -151 -1,290 ...... -1,290 -1,178 ...... -1,178
Department of State:
Foreign Service retirement and disability fund ....... -6 ...... -6 -39 ...... -39 -30 ...... -30
Office of Personnel Management:
Civil Service retirement and disability fund ........... -557 ...... -557 -4,339 ...... -4,339 -3,721 ...... -3,721
Independent Agencies:
Federal Retirement Thrift Investment Board:
Thrift Savings fund ............................ -43 ...... -43 -82 ...... -82 .... ... .......

Subtotal ......................... ............ -2,545 ...... -2,545 -21,786 ...... -21,786 -20,382 ...... -20,382

Table continued on next page.






Table 5. Outlays of the U.S. Government, June 1987 and Other Periods (in millions)-Continued


This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts Outlas Outlays Recepts Outlays Outlay Outlays Recepts Outlays
Outlays Receipts Outlays Receipts Outlays Receipts


Undistributed offsetting receipts:-Continued
Interest received by trust funds:
The Judiciary:
Judicial survivors annuity fund .........
Department of Defense-Civil:
Education benefits fund .......................
Military retirement fund ... ..... ...
Soldiers' and Airmen's Home permanent fund .......
Corps of Engineers ........ .......
Department of Health and Human Services:
Federal old-age and survivors insurance trust fund
(O FF-BUDG ET) ................... .. ...
Federal disability insurance trust fund
(OFF-BUDGET) .... ........ ..........
Federal hospital insurance trust fund .. .........
Federal supplementary medical insurance trust fund
Department of Labor:
Unemployment trust fund ........................
Department of State:
Foreign Service retirement and disability fund ....
Department of Transportation:
Airport and airway trust fund .. .....
Highway trust fund .......... ..........
Environmental Protection Agency:
O the r ............. .... ... .. .. ... ..
Post-closure liability trust fund .............
Office of Personnel Management fund:
Civil Service retirement and disability fund ......
Veterans Administration:
United States government life insurance fund ......
National service life insurance fund ........
Independent agencies:
Federal Retirement thrift investment board:
Thrift savings fund .. ............. ...........
Railroad Retirement Board:
Railroad retirement account .. .... .
O th e r . . . . .

S ubtotal ............................ ...

Unrealized Discount on trust fund investments ..........
Rents and Royalties on the Outer Continental Shelf lands .
Sale of m ajor assets ...............................

Total-Undistributed offsetting receipts ............

Total outlays .............................. ..

Total On-Budget .......... ................

Total Off-Budget ................ ..............

Total Surplus (+) or Deficit ......................

Total On-Budget ..............................

Total Off-Budget ............................


**) (* *)


$6 $6

S ...... $6


-2,149

-361
- 1,968
-431

-938

-161

-445
-630

(")


-2

-6
-5

-15,364

3



-17,906

96,675

79,530

17,145


-$7

3_-24
3-3.121
-13
-6


-2,149 -4,393

-361 -776
-1,968 -3,944
-431 -978

-938 -1,906

-161 -313

-445 869
-630 -1,221

(**) (**)
.... (* *)

-7,798 -15,440

-8 -18
-468 -942


13

13


-2

-6
.. -5

.... 15,364

. 3
$524 -524


524 -18,430

1,309 83,366

1,309 66,221

("*) 17,145

420

1.998

+ 1.578


-4

-331
-44

-34,350

1



-56,135

869,621

724,952

144,669


$3,261
1,875

6,038

112,886

112,852

33


-$7

-24
-3,121
-13
-6


-4,393

-776
-3,944
-978

-1,906

-313

-869
-1,221

(")


-15,440

-18
942


-4

-331
-44

34,350

1
-3,261
-1,875

-62,173

756,735

612,100

144,636

- 119.439

- 136.504

+ 17.065


-$7

-7
-1,872
-9
-4


-3,632

-613
-2,791
1,196

-1,685

-282

-826
-1,305


-2

-14,671

-19
-920




-271
-37

-30,147

8



-50,521

856,214

720,773

135,441


-$7
. ... $7

.... -7
. ... 1,872
S. -9
. -4


. ... -3,632

. -613
. ... 2,791
. ... -1,196

. .. -1,685

.... 282

-826
-1,305


. -2
-2

.... -14,671

. ... -19
.... 920


$4,196


5,268

117,812

117,812

(**)


-271
-37

-30,147

8
-4,196


- 55,789

738,402

602,961

135,441

166.821

183.053

+ 16.232


MEMORANDUM


Receipts offset against outlays (In millions)

Current
Fiscal Year
to Date

Proprietary receipts ............ ....................... $26,492
Receipts from off-budget Federal entities ..................... ... 685
Intrabudgetary transactions ..... .......... ................. 105,861

Total receipts offset against outlays ..... .. ... ........ 133,038


Comparable Period
Prior Fiscal Year

$26,184
516
105,786

132,486


'Adjustment to prior reporting.
2Includes FICA and SECA tax credits, non-contributary military service credits, special benefits for the aged, and credit for unnegotiated OASI benefit checks.
3Unamortized premium/discount on public debt securities purchased by the Education Benefits Fund and the Military Retirement Fund were previously recorded as negative interest expense and
negative interest earned. These entries have been reversed and will be amortized monthly.
4The Postal Service figure represents reporting for the full calendar month of June and is partially estimated. This estimate includes $787 million for postal money orders between June 6th and 30th.


. .


MEMORANDUM






Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government, June 1987 and Other Periods
(in millions)


Assets and Liabilities
Directly Related to
Budget and Off-budget Activity


Liability accounts
Borrowing from the public:
Public debt securities, issued under general financing authorities:
Obligations of the United States, issued by:
United States Treasury .. ................................
Federal Financing Bank ....................................

Total public debt securities ......... .................. .

Agency securities, issued under special financing authorities
(See Schedule B. For other agency borrowing, see Schedule C) .....

Total federal securities ........ ...... ........................

Deduct:
Federal securities held as investments of government accounts
(See Schedule D) ............. .....................

Total borrowing from the public ............................

Accrued interest payable to the public ........................
Allocations of special drawing rights ............... ..........
Deposit funds .................................................
Miscellaneous liability accounts (includes checks outstanding etc.) .......

Total liability accounts ............................. .

Asset accounts (deduct)
Cash and monetary assets:
U.S. Treasury operating cash:1
Federal Reserve account ..............................
Tax and loan note accounts ..............................
Balance ........... ...............................

Special drawing rights:
Total holdings ................... ............ ...........
SDR certificates issued to Federal Reserve Banks ................
Balance ..... ......... .................................

Reserve position on the U.S. quota in the IMF:
U.S. subscription to International Monetary Fund:
Direct quota payments .....................................
Maintenance of value adjustments ............................
Letter of credit issued to IMF ......... ...... .........
Dollar deposits with the IMF ............ ...... .........
Receivable/payable (-) for interim maintenance of value adjustments

Balance ......................... ........................

Loans to International Monetary Fund ............................
Other cash and monetary assets ........................ .....

Total cash and monetary assets. .......................

Miscellaneous asset accounts ............. .....................


Total asset accounts .............................

Excess of liabilities (+) omassets (-) .......... .................

Transactions not applied to current year's surplus or deficit
(See Schedule A for details) ........................ .......

Total budget and off-budget federal entitles
[Financing of deficit (+) or disposition of surplus (-)] ............


Net Transactions
denotes net reduction of either
liability or asset accounts


$21,779 $183,992 $236,246 $2,110,304 $2,272,518 $2,294,296
....... .. ..... ......... 15,000 15,000 15,000

21,779 183,992 236,246 2,125,304 2,287,518 2,309,296


(**) -416 -88 4,217 3,801 3,801

21,778 183,576 236,158 2,129,522 2,291,319 2,313,097



12,123 55,244 57,859 383,919 427,040 439,163

9,655 128,332 178,299 1,745,602 1,864,279 1,873,934

3,666 -777 1,468 29,481 25,038 28,704
-42 317 579 5,945 6,304 6,262
111 -1,765 -3,838 10,944 9,067 9,178
-2,267 -3,213 -4,148 16,477 15,531 13,264

11,123 122,893 172,359 1,808,448 1,920,219 1,931,341




7,390 6,260 -1,031 7,514 6,384 13,774
-425 2,428 8,612 23,870 26,723 26,298
6,966 8,688 7,582 31,384 33,106 40,072


-48 561 1,366 8,295 8,904 8,856
.. .... ......... -200 -5,018 -5,018 -5,018
-48 561 1,166 3,277 3,886 3,838



....... ......... ......... 19,699 19,699 19,699
-153 1,158 2,117 2,043 3,354 3,201
-1,269 -1,972 -2,149 -10,489 -11,192 -12,461
-6 2 -13 -64 -57 -63
1,279 606 528 -331 -1,004 275

-150 -207 483 10,858 10,801 10,651

-54 -320 -109 1,047 780 727
-280 -2,602 1,879 11,317 8,995 8,714

6,434 6,119 11,001 57,883 57,568 64,001

4,306 -2,289 -5,145 17,738 11,143 15,449


10,740 3,830 5,856 75,621 68,711 79,451

+383 +119,063 +166,503 +1,732,827 +1,851,508 +1,851,890


38 376 318 ......... 338 376


+420 +119,439 +166,821 +1,732,827 +1,851,846 +1,852,266


1Major sources of information used to determine Treasury's operating cash Include the Daily Balance Wires from Federal Reserve Banks, reporting from the Bureau of Public Debt, electronic
transfers through the Treasury Financial Communications System and reconciling wires from Internal Revenue Service Centers. Operating cash is presented on a modified cash basis, deposits are
reflected, as received: and withdrawals are reflected as processed.
.. No transactions.
( ')Less than $500,000.
Note: Details may not add to totals because of rounding.
Source: Financial Management Service, Department of the Treasury.







Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, June 1987 and
Other Periods (in millions)

Fiscal Year to Date
Classification This Month
This Year Prior Year


Excess of liabilities beginning of period:
B3sea o:n :r C I n mir.eo [jj.3 l rir. prr.'- ec ld.r- per..;] i 1 Si 5 8 i 1 '32 82' 11 512 5"7,
Adju.Tm enll, : jr.,-rg .:urrer'l i,. : 11 ii r .:.r ,r.' r,- nr.
c.,'jmr C,..lOr, :.l ujr..ha t.u .rlq i

E xc e s -: C I, Ol't C ?._or n Q :,.i r. [r ,,.d i..,rr. rt i -i 1 85 1 r. 8 1 32 6a 1 5 1 ,'6

Budiqer suplu' i i or 3t.cI
Based on Corr, :,.p.: .. .:., u,'r,,I-e3 udu.j-' r. rc. I r ,c.i 4 '2 1 19? 439' 1i., .821
Cnarges in cornrp,,sT,o, I.-i u,',,,-. r.uagel

Total iurplu-: i- I Io.r ie c.l IT ble i- i 42"0 1 19 439 1iE.E. t8_

Total-on ouagel 'Tarie 21 1 998 136 0.4 183 i53

Toa31-on oudael iTa'lie -'I 1 578 17 16'. 1.6 '32

Trarns ctorn- not applIed 1ic .u':.r ,e,ar u ruplu,' 1 a'''cil
Se.qgnoraqe 35~ 3.1. 316
Increm-en on qoial
ProCuees fion cuirrnr.c,
Proti. .?n ,al o 01 .1 8
Netl .an I10u; IC' IM.F : .- : salu ,',i llu. u im3rr 2 24 .

Tolal-Trari'.aci n.rs r ol a p to Current e3ar 5
..urplus or .,la,: 38 -- 37, 318

Excess of liabilllies close of period 1.851.890 1.851.890 1.679.080




Table 6. Schedule B-Securities issued by Federal Agencies Under Special Financing Authorities, June 1987 and
Other Periods (in millions)

Net Transactions
(-) denotes net reduction of Account Balances
liability accounts Current Fiscal Year
Classification
Fiscal Year to Date Beginning of
This Month This month
This Year Prior Year This Year This Month


Agency securities, issued under special financing authorities:
Obligations of the United States, issued by:
Export-Import Bank .......................................... -$6 -$2 $6 (**) (* )
Obligations guaranteed by the United States, issued by:
Department of Defense:
Family housing mortgages ................... .............. $1 -17 -34 37 $21 $20
Department of Housing and Urban Development:
Federal Housing Administration ............ ........ 1 52 -2 117 168 169
Department of the Interior:
Bureau of Land Management ..................... ... ( ) -2 -2 15 13 13
Department of Transportation:
Coast Guard:
Fam ily housing m mortgages ........ .............. . . ( ) ( ) ( ")
Obligations not guaranteed by the United States, issued by:
Department of Defense:
Homeowners assistance mortgages..................... 1 2 2 3 4 5
Department of Housing and Urban Development:
Government National Mortgage Association .................... ...... -200 2,165 1,965 1,965
Independent agencies:
Postal Service .......... .. .. ......... ....... ..... ... .... 250 250 250
Tennessee Valley Authority ...... .. ................ ......... -245 -50 1,625 1,380 1,380

Total agency securities.................. ...... ()........ -416 -88 4,217 3,801 3,801

....No transactions.
(")Less than $500,000.
Note: Details may not add to totals because of rounding.
Source: Financial Management Service, Department of the Treasury.






Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Public Debt Securities,
June 1987 and Other Periods (in millions)


Borrowing from the Treasury:
Housing and Other Credit Guarantee Program, AID .................
Commodity Credit Corporation ............................
Commerce, Fishing Vessels, NOAA ..............................
Export-Import Bank of the United States ..........................
Federal Emergency Management Agency:
National Insurance Development Fund ...................... .
Federal Financing Bank .......................... .........
Federal Housing Administration:
General insurance ..........................................
Special risk insurance ................................
General Services Administration:
Pennsylvania Avenue Development Corporation ..................
Rural Communication Development Fund .........................
Rural Electrification Administration .........................
Rural Telephone Bank .........................................
Secretary of Agriculture, Farmers Home Administration:
Rural housing insurance fund .................................
Agricultural credit insurance fund ......................... .
Rural development insurance fund .................... .......
Federal Crop Insurance Corp .................................
Secretary of Education:
College housing loans .................. .....................
Secretary of Energy:
Alternative fuel production, DOE ....... ........................
Bonneville Power Administration .. ..........................
Secretary of Housing and Urban Development:
Housing for the elderly or handicapped ..................... .
Low-Rent Public housing ..............................
Urban renewal fund .........................................
Secretary of the Interior:
Bureau of Mines, helium fund .................................
Railroad retirement account .....................................
Railroad retirement social security equivalent fund ..................
Secretary of Transportation:
Aircraft purchase loan guarantee program .......................
Federal ship revolving fund .............................
Railroad revitalization and improvement ........... ....... ......
Rail service assistance ... ............................
Regional rail reorganization .......... .................. ......
Smithsonian Institution:
John F. Kennedy Center parking facilities .................... .
Tennessee Valley Authority ............. .......................
Veterans Administration:
Veterans direct loan program .................................
O cean Freight.............. .................................

Total agency borrowing from the Treasury
financed through Issues of public debt securities..........


$8
-1,105




192


$8
-2,297



14
-572


$976



6
-13,153


85 45 -150
80 23 10


94


450
520
35





150


189


-770
1,330
-155





175


2
26


-630
1,210
-125


......... 550 550
100 410 -14,587


185 1,703


35


-14
355
1


793
-260


1,145
12


$24,800



76
141,598

1,396
1,912

52
25
7,865
759

4,276
8,065
1,861
113

2,587


1,459

5,351
490


252
2,128
2,003

17
1,375
12

96


20 20
150 150


13


.. ......... 1,730
19 ........ .. .....


842 1,014 -24,085 210,468 210,640 211,482


$23,608



90
140,833

1,356
1,855

52
25
7,960
759

3,056
8,875
1,671
113

2,587


1,484

5,901
800


252
2,128
3,522

3
1,695
13

96


$8
22,503



90
141,026

1,441
1,935

52
25
8,054
759

3,506
9,395
1,706
113

2,587


1,634

5,901
900


252
2,128
3,706

3
1,730
13

96


1,730
6


1,730
19







Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Public Debt Securities,
June 1987 and Other Periods (in millions)-Continued


Borrowing from the Federal Financing Bank:
Funds Appropriated to the President:
Foreign military sales ......... ........................ .
Overseas Private Investment Corporation ........................
Department of Agriculture:
Rural Electrification Administration ...... ......................
Farmers Home Administration:
Agriculture Credit Insurance Fund ........................
Rural Housing Insurance Fund .. ..........................
Rural Development Insurance Fund ............................
Department of the Navy........... ............................
Department of Education:
Student Loan Marketing Association ................. ..........
Department of Health and Human Services Except Social Security:
Medical Facilities Guarantee and Loan Fund .....................
Department of Housing and Urban Development:
Low Rent Housing Loans and Other Expenses ...................
Community Development Grants. ......................... .
Department of Interior:
Territorial and International Affairs .............................
Department of Transportation:
Grants to National Railroad Passenger Corporation ...............
General Services Administration:
Federal Buildings Fund ............. .......... ........
National Aeronautics and Space Administration:
Space Flight, Control and Data Communications ..................
Small Business Administration:
Business Loan and Investment Fund ...................... ....
Independent Agencies:
Export-Import Bank of the United States ........................
National Credit Union Administration ...........................
Postal Service ..............................................
Tennessee Valley Authority ..................... ..............
U.S. Railway Association ....................................
Washington Metropolitan Transit Authority .......................

Total borrowing from the Federal Financing Bank ..........


$1 $137
-1


-87

-175

70







2



1

-3



-19

-397
-5
614
174



174


43

-175
-150
150
31



-13

-37
28

-1

-5

-7

-79

-116

- 859
-6
614
1,083
11


648


$593
-5

-74


755

446



-4

-35
14

-1

-6

-6



135

-462
-103
-86
693



1,854


$18,797 $18,935 $18,934
. ... 1 1


25,687

28,395
29,101
7,878
1,758

4,970

210

2,111
333

62

61

402

888

1,809

14,268
104
2,854
16,917
74
177

156,857


25,817

28,395
28,951
7,958
1,788

4,970

197

2,074
359

61

55

398

809

1,712

13,807
103
2,854
17,826
85
177

157,331


25,730

28,220
28,951
8,028
1,788

4,970

1203

2,074
360

61

56

395

809

1,695

13,410
98
3,468
18,000
85
177

157,512


1 Includes prior month adjustment.
Note: This table has been expanded to include lending by the Federal Financing Bank accomplished by the purchase of agency financial assets, by the acquisition of agency debt securities, and
by direct loans on behalf of an agency. The Federal Financing Bank borrows from Treasury and issues its own securities and In turn may loan these funds to agencies in lieu of agencies borrowing
directly through Treasury or issuing their own securities.

Note: Details may not add to totals because of rounding.
Source: Financial Management Service, Department of the Treasury.
... No transactions.






Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, June 1987 and
Other Periods (in millions)


Federal funds:
Department of Agriculture .............. .......................
Department of Commerce .....................................
Department of Energy ........... ............................
Department of Health and Human Services ........................
Department of Housing and Urban Development:
Federal Housing Administration:
Federal Housing Administration fund:
Public debt securities .................... ..........
Agency securities .......................................
Government National Mortgage Association:
Management and liquidating functions fund:
Public debt securities ....................................
Agency securities ... ...................................
Guarantees of mortgage-backed securities:
Public debt securities ............ ....................
Agency securities ..................................
Participation sales fund:
Public debt securities ....................................
Agency securities .......................................
Housing Management:
Community disposal operations fund:
Agency securities .......................................
Other ...................................................
Department of the Interior ...............................
Department of Labor .......................................
Department of Transportation ......................... .... ..
Department of the Treasury .. ................................
Veterans Administration:
Veterans reopened insurance fund .......................... ..
Independent agencies:
Export-Import Bank of the United States ......................
Federal Emergency Management Agency:
National insurance development fund ..................... .
Federal Savings and Loan Insurance Corporation:
Public debt securities ......................................
Agency securities ................... ....................
Postal Service ..............................................
National Credit Union Administration ....................... ...
O their ......................... ...........................
Total public debt securities ..............................
Total agency securities .....................................

Total Federal funds .....................................
Trust funds:
Legislative Branch:
United States Tax Court......................................
Library of Congress .........................................
The Judiciary:
Judicial survivors annuity fund ...........................
Funds Appropriated to the President ....................... ...
Department of Agriculture ......................................
Department of Commerce ......................................
Department of Defense- Military..................................
Department of Defense-Civil ......... .........................
Other .... ................................................
Department of Health and Human Services:
Federal old-age and survivors insurance trust fund:
Public debt securities ...............................
Agency securities .........................................
Federal disability Insurance trust fund ..................... ...
Federal hospital Insurance trust fund:
Public debt securities ......................................
Agency securities .........................................
Federal supplementary medical Insurance trust fund...............
O their ..................................................
Table continued on next page.


-40 985 1,253
(") ("*) -1


12


11


-7



(* )

-7
-9
2.
270

24

-426

2

299

459
10
-19


249
-2

182
8

-124





-2,772
-49
16
2,499


67
-11

209
6

93





-3,501
118
13
-1,939


$4
12
1,423
7



5,525
134


417
74

1,301
9

2,243
12




4,006
409
146
481


$6
12
1,537
16



6,550
134


654
72

1,472
17

2,126
12



(* )
1,241
369
161
2,710


6,510
134


2,119
12



( )
1,234
360
163
2,980


25 -27 608 609


430

108

-3,907
(")
1,015
155
36


124 980

105

4,717 512
67 67
3,803 4,360
1,383 1,528
1,236 1,291


554

108

811
67
4,818
1,538
1,272


539 -1,070 -2,045 27,848 26,239 26,778
( *) 6 -6 296 302 302

539 -1,064 -2,051 28,144 26,541 27,080


(") (*) (")
(**) 1 1


2

2

2
-2
28


1,309

212

2,741

- 76
(")


3
(*)
34
(")
-1
9,603
213


18,134

-325

10,046
-50
-1,794
-35


8
(")
22
(")
(")
9,993
116


4,588

3,426

16,916

-28
9


113
1
4

9
20,870
484


36,948

8,335

37,885
455
9,424
40


115
1
36
(")
5
30,474
669


53,773

7,798

45,190
405
7,706
4


116
1
38
(**)
7
30,472
697


55,082

8,010

47,931
405
7,630
4






Table 6. Schedule D-Investments of Federal Government Accounts In Federal Securities, June 1987 and Other Periods
(in millions)-Continued


Trust funds:-Continued
Department of the Interior ....................
Department of Labor:
Unemployment trust fund .....................................
O their ....................................................
Department of State:
Foreign service retirement and disability fund ......... ..
O the r .................................... ...... ..
Department of Transportation:
Airport and airway trust fund ...................... .. .... ..
Highway trust fund ....................................... .
O th e r .. . . .. .. .. .. . .. .
Department of 'he Treasury....................................
Environmental Protection Agency ....... .....................
Office of Personnel Management:
Civil service retirement and disability fund:
Public debt securities .......................... .. ......
Agency securities .........................................
Employees health benefits fund ...... ... ... ..........
Employees life insurance fund ............... ... .
Retired employees health benefits fund .........................
Veterans Administration:
Government life insurance fund ..........................
National service life insurance:
Public debt securities ....... .... . .
Agency securities ........................... .
Veterans special life insurance fund ....................... .
General Post Fund National Homes ........... ... .
Independent agencies:
Federal Deposit Insurance Corporation .............. .......
Harry S. Truman Memorial Scholarship Trust Fund ................
Japan-United States Friendship Commission .....................
Federal Retirement Thrift Investment Board ......................
Railroad Retirement Board. .... ......... ........... ..............
O their ....... ...... ..... .. ... ....... ................. .

Total public debt securities ........... ......................
Total agency securities .....................................

Total trust funds ...................... ............

Grand total ................ ...............................


$6 $79 -$89 $158


4,043
-12


2,848
-9


21,240
34


150 376 324 2,940
(**) (**) (*- ) .........


537
204
(**)
-25
32


6,347

74
4


1,298
2,659
-3
-2
137


9,487

-120
515
-2


3 -14

395 477

46 80
. ... 1

4 409
(**) 1
("**) 1
146 390
-161 636
1 43


1,014
981
4
52
-261


17,538

531
566
("*)


8,596
11,499
4
428
294


154,045
175
1,417
7,401
5


25,675
27

3,166


9,357
13,954
1
451
400


157,185
175
1,223
7,911
3


-15 245 228


450

72
3

-574
1
(*")

1,425
1


9,633
135
1,014
19

15,856
44
17

5,998
5


9,716
135
1,048
20

16,260
46
18
244
6,795
48


25,283
23

3,315
(**)

9,895
14,159
1
426
432


163,532
175
1,297
7,915
3

231

10,111
135
1,095
20

16,264
46
18
390
6,634
48


11,585 56,358 59,911 355,011 399,784 411,368
.. -50 ......... 765 715 715

11,585 56,308 59,911 355,776 400,499 412,083

12,123 55,244 57,859 383,919 427,040 439,163


.. No transactions.
(* )Less than $500,000.
Note: Investments are in public debt securities unless otherwise noted.
Note: Details may not add to totals because of rounding.
Source: Financial Management Service, Department of the Treasury.






Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 1987 (in millions)


Fiscal Com-
Year parable
Classification Oct. Nov. Dec. Jan. Feb. March April May June July Aug. Sept. Year Period
Date Prior
F.Y.


Receipts
Ind.viaual income taxes
Corporation income taxes
Social insurance taxes and
contributions
Employment taxes and
contributions
Unemployment insurance
On0er retirement COntriDutions
Excise taxes
Estate and gift taxes
Customs Outies
Miscellaneous receipts

Total-budget receipts this year ..

(On-budget) ............... .

(Off-budget) ............... .

Total-budget receipts prior year

tOn-budetj .

(Off-budgeti

Outlays
Legislative Branch
The Judiciary
Executive Office of the President
Funds Appropriated to the President-
International security ass-stance
International development assistance
Other .
Department of Agriculture-
Foreign assistance, special export
programs and Commodity Credit
Corporation
Other.
Department ot Commerce
Department of Defense
Military
Department of the Army
Department of the Navy
Department of the Air Force
Defense agencies

Total Military

Civil ..
Department of Education
Department of Energy
Department of Health and Human
Services. except Social Security
Public Health Service
Health Care Financing
Administration
Grants to States for Medicaid
Federal hospital ins trust fund
Federal supp med ins trust
fund
Other
Social Security Administration
Family Support Administration
Human Development Service
Other .
Department of Health and Human
Services
Federal old-age and survivors ins
trust fund
Federal oasability ins trust
fund
Other

Table continued on next page.


$31.123 $24.122 $33.584 $46.466 $22.805 $14.240 $71.850 $9.275 540.521
540 1.748 15.693 3.460 9361 13.114 11.189 1.844 10.973


19.583
1 135
460
2 708
647
1.285
1.530


19.015
2.390
360
2.488
488
1.094
1.262


21.625
221
446
3,003
695
1.133
1.636


24.266
1.014
375
2,845
652
1.195
1.499


22.594
2.636
364
2.300
553
1.120
2.155


23.128
186
375
2.521
570
1.284
1.097


30.457
2.830
362
2,484
810
1.225
1.691


22.270
7.635
419
2.649
726
1.212
1.661


23.981
315
416
3,099
507
1.415
1.719


$293.987 $254.632
59.496 47.246


206.919
18.363
3.576
24.097
5.647
10,964
14.247


193.039
18.477
3.577
25.171
5.138
9.510
14.792


59.012 52.967 78,035 81,771 55,463 56,515 122,897 47.691 82,945 637,297 .....

43,865 38,158 60.694 62,981 37.919 38,469 99,083 30,205 64,222 475,596 .....

15,147 14,809 17,341 18,790 17,544 18,046 23,814 17.486 18,723 161,701 .....

57.886 51,166 68,19' 76.69' 53.3-0 49,557 91,438 46,246 -',024 571,581

43,800 3',615 52,888 5 7,453 38,417 32,202 69,130 30,004 58,400 419,908

14,085 13,551 15,309 19,245 14,953 17.355 22,308 16,242 18,624 151,673


158 113 130 88 179 169 171 119 138 1.265 1.313
73 73 118 78 76 110 112 96 128 865 806
11 9 9 7 10 8 10 8 10 83 83

321 1.424 471 340 642 579 557 653 522 5.508 7.149
267 134 243 359 99 178 316 106 215 1.917 2.081
426 83 167 -331 444 -37 -62 103 140 933 -1,070



3.376 3.404 4,103 4.453 1.981 1.919 1.465 -334 1.186 19.181 22.095
2.358 1.774 1.881 1.980 1.896 2,711 3,288 3.269 3,004 22.161 22.987
166 159 236 233 134 197 171 209 168 1.674 1.580


6.019 5,565 6.256 5.658 5.970 6.377 6.240 6.098 6.359 54.543 51.715
7.476 6.955 7.929 7.101 7.579 7.752 7.656 7.396 8,233 68.078 64.990
7.850 6.615 7.531 6.451 7.887 8.139 7.514 7.414 7.925 67,326 67.221
1.181 1.062 1.781 2.387 1.421 1.805 2,348 1.928 1,495 15,408 13.528

22.525 20.197 23.498 21.598 22.857 24.073 23.758 22.836 24.012 205.354 197.454
=IIII


1,717
1.543
907


1,737
1.817
1.037


1,704
1.392
809


1.679
1.629
874


1.703
1,540
965


1.687
1.312
738


1.725
1.233
951


1.695
1,210
1.101


8021 7341 6991 831 8371 8231 8321 8651 958


2.351
4.637

2.875
1.505
2.644
1.024
266
- 1.963



14.956

1.713
-906


2.102
3.780

2.227
1.484
229
914
450
-1.986



14.958

1.699
37


2.159
4.617

2.490
1.562
1.889
1.367
607
-1.990



15.294

1.770
-72


2.107
4.054

2.174
1.845
1.863
1.426
582
- 2.420



15.232

1.774
-957


2,184
4.145

2.377
1,718
1.096
1.410
521
- 2.258



15.372

1.742
-121


2,239
4.372

2.540
2.255
255
1.094
400
- 2.797



15.283

1.776
105


2.634
4.465

2.664
2.055
2.677
1,180
506
- 2.658



15.375

1.730
-1.655


2.257
4.149

2.599
1.792
1.138
1.114
485
-2.278



15.732

1.812
-101


2.435
4.453

2.684
1.828
1.227
896
321
-2.389



18.289

1.857
-214


15.359
13.130
8.221


15.183
13.465
8,489


7.3781 7.236


20.467
38.672

22.630
16.043
13.018
10,425
4.137
-20.740



140.490

15.873
-4.168


18.546
36,806

18.896
13.812
16.057
9.997
4.097
- 18.306



134.460

15.076
7.765






Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 1987 (in millions)-Continued


Fiscal Co-
Year parable
Classification Oct. Nov. Dec. Jan. Feb. March April May June July Aug. Sept. Year Period

Dateutlays-Continued


Outlays-Continued


Department of Housing and Urban
Development
Department ofat me Interior
Department of Justice
Department of Labor
Unemployment trust luna
Other
Department of Stale
Department of Transportation
Hignway trust fund
Other
Department of tnhe Treasury
Ir.lerest on the public debt
General revenue sharing
Other
Environmental Protection Agency
General Services Adm.nistration
Nat onal Aeronautics ana Space
Adrministrat.on
Office of Personnel Management
Small Business Adm.nistration
Veterans Administration
Compensation and pensions
National service Mile
Government servce ife
Olher
Independent agencies
Postal Service
Tennessee Valley Authority
Other independent agencies
Uncistributed offsen.ng receipts
Employer share, employee
retirement
Interest received by trust funds
Rents anda royalties on Outer
Continental Shelf lands
Other

Totals this year:
Total outlays .. .. .

(On-budget) ............ ...

(Off-budget) .... .. ........

Total-surplus (I) or deficit ( -)..

(On-budget) ... .... .

(Off-budget) .. .. .

Totab-ourlais prior iear

(On budsgrl

(Off.budget)

Total-Tsrplus V + I or deficit I
prior iwar

fOn-budet/

(Of.f-budgett


$1 312 11.450 $1 418 $1 107
639 3721 5091 368


308

1 210
574
324

1 123
1 174

14.959

- 850
382
130

626
2 141
30

48
28
2
712

-343
240
999


337

1 352
-94
236

1 098
985

9 763

- 1 799
443
-443

625
2 026
279

2 326
46
3
1.109

15
155
1.472


-2218
3.390

- 1.475
905


367

1 735
447
266

1 158
1 124

27 046
2
1 491
459
325

746
2 085
-72

2334
52
4
1 254

-472
74
1 074


-2 360
- 14433

333


246

2 237
81
176

798
1 019

13 486

-498
347
-403

442
2 298
-82

1 208
52
3
978

465
101
812


-2.434
79

-6
1


$1.173
309
363

1 723
310
266

652
989

13 703
70
71
361
142

669
2001
-27

1 203
35
2
825

-185
-88
775


$1 064
373
304

2 371
16
148

895
1.042

13 318
1
- 1 400
444
226

583
2 221
-32

59
76
4
1.010

23
8
2.624


- 2.466
134

-466
1


$1.678
422
377

1.503
652
216

732
1 146

13.616
1
- 1 571
381
-270

525
2 333
-85

1 222
59
4
1 097

147
132
1 403


-2.477
-282

179
- 1,576


$801
323
335

1 493
440
222

926
1.098

15.497

- 1.299
344
203

661
2.386
12

1 220
47
4
778

131
107
1 520


-2621
- 1 702

-5


$1.576
386
362

1 419
628
220

1 429
1 027

27.899
2
1 698
472
84

699
2.346
2

1.210
47
4
1.197

579
101
1.695


2.545
- 15.364

524
3


84.267 79.973 89,158 83.942 83,828 84.527 84,240 83,435 83.366 756,735 ......
i I =I=I
68.780 63.639 74.669 68,176 67,138 67,872 69,215 66,389 66,221 612,100 ......

15.486 16.334 14,489 15,766 16,690 16,655 15.025 17,046 17,145 144,636 ......

-25.255 27.006 11.123 2.170 28.366 28.012 38,657 -35.744 -420 -119,439 ......

- 24.915 25.481 13.976 5,195 29.219 -29,403 .29.867 -36,184 1.998 -136.504 ......

-340 1.524 2.853 +3.024 *854 +1.391 +8,790 +440 +1,578 +17,065 ......

A4,9"3 S4,5 1 82.,5i3 1 .189 "'.930 '9. "00 81,510 85.642 0.14 '3.i,42

69,..59 9.31 1.: '5 h6,223 61,9.' 5,.89 6'2"6 69,611 60.982 602.96/

15.41.! 15,103. 11.2"I J15 966 1.,993 14311 14,234 16,031 1'.052 135.441


- 2' 3.386 1- 4.656 6.492 24,580 -30,142 9,929 39.96 1.011 -166.821

- 2,, '5* -31. /Q. 6" -v9. -23,540 33.18" 1,.854 39,60' 2.583 183 05.
= =


I 3.'I 1.612 + 4,036


+ 3.i2.0 1,0401 + 3,041 +.R,0-s 5 + 211j + 1.572


$11.581
3.700
2.998

15044
3 022
2.074

8.810
9.603

153 474
74
-10.534
3.634
-6

5 578
19.837


10.830
443
30
8.958

-68
830
8 986


- 21 786
- 34.350

-3261
- 2 776


$10.958
3.349
2 808

15,351
2.799
2 145

9.590
10 154

149.210
3381
-9735
3.622
253

5581
17606
420

10808
454
35
8,687

-765
742
6.204


- 20.382
- 30.147

-4.196
-1 063


....No transactions.
(")Less than $500,000.
Note: Details may not add to totals because of rounding.
Source: Financial Management Service, Department of the Treasury.


+ 16.232






Table 8. Trust Fund Impact on Budget Results and Investment Holdings (in millions) as of June 30, 1987


Trust receipts, outlays, and Investments held:1
Airport ............................... $755 $209 $547 $3,161 $1,861 $1,301 $8,596 $9,357 $9,895
Black lung disability .................... 57 57 (* ) 478 479 -1 ........
FDIC ................................. ...... 6 -6 ...... -393 393 15,856 16,260 16,264
Federal disability, insurance .............. 2,130 1,857 273 15,555 15,873 -318 8,335 7,798 8,010
Federal employees life and health ......... ...... 81 81 ...... -395 395 8,823 9,137 9,215
Federal employees retirement ............. 8,942 2,318 6,624 23,950 19,200 4,750 157,272 160,640 167,138
Federal hospital insurance ............... 7,417 4,453 2,964 48,694 38,672 10,021 38,340 45,595 48,336
Federal old-age and survivors insurance .... 22,208 18,289 3,919 160,487 140,490 19,997 36,948 53,773 55,082
Federal supplementary medical insurance ... 2,759 2,684 76 20,897 22,630 -1,733 9,424 7,706 7,630
Revenue sharing ........................ .. .... 2 2 ... 74 74 ........ ........ .............
Highways ...... ....................... 1,689 1,429 260 10,883 8,810 2,073 11,499 13,954 14,159
Military advances ...................... 739 770 -31 6,077 7,331 -1,254 ........
Railroad retirement ...................... 358 513 -872 2,937 4,618 -1,681 5,998 6,795 6,634
Military retirement ............. ........ 1,505 1,514 -9 227,290 13,520 13,769 20,870 30,474 30,472
Unemployment ......................... 1,411 1,419 -8 20,499 15,044 5,455 21,240 25,675 25,283
Thrift savings .......................... 140 ...... 140 365 ...... 365 ........ 244 390
Veterans life insurance .................. 514 40 474 1,294 724 570 11,027 11,127 11,571
All other trust .......................... 254 294 -40 22,646 2,053 593 1,547 1,962 2,004

Total trust fund receipts and outlays and
Investments held from Table 6-D ..... 50,164 35,774 14,390 345,213 290,591 54,622 355,776 400,499 412,083

Interfund transactor.s -22.380 22.380 90917 -90 917

Trust fund receipts and outlays on the basis
of tables 4 & 5 27.784 13.394 14 390 254d 296 199 673 54 622

Total federal fund receipts and outlays ..... 56,701 71.511 14.810 396.203 2570.264 -174.061

Interfund transactions 15 15 -946 -946
Federal fund receipts & outlays on the oasis
of table 4 & 5 56 686 71.496 14 810 395257 569.318 174 061


Offsetting proprietary receipts


-1.525 1.525 -12,256 12256


Net budget receipts & outlays. ............ 82,945 83,366 -420 637,297 756.735 119.439

1 Trust fund interfund receipts are now included in the individual trust fund receipt lines, not as offsets to individual trust fund outlay lines as presented previously.
2Unamortized premium/discount on public debt securities purchased by the Education Benefits Fund and the Military Retirement Fund were previously recorded as negative interest expense and
negative interest earned. These entries have been reversed and will be amortized monthly.
....No transactions.
(")Less than $500,000.
Note: Interfund receipts and outlays are transactions between Federal funds and trust funds such as Federal payments and contributions, and interest and profits on investments in Federal securities.
They have no net effect on overall budget receipts and outlays since the receipt side of such transactions is offset against budget receipts. In this table, interfund receipts are shown as an adjustment
to arrive at total receipts and outlays of trust funds respectively.
Note: Details may not add to totals because of rounding.
Source: Financial Management Service, Department of the Treasury.






Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, June 1987
and Other Periods (in millions)


Classification This Month Fiscal Year Comparable Period
To Date Prior Fiscal Year

RECEIPTS
Individual income taxes ............. ...... ......... ... $40,521 $293,987 $254,632
Corporation income taxes ...................... .......... 10,973 59,496 47,246
Social insurance taxes and contributions:
Employment taxes and contributions ...................... 23,981 206,919 193,039
Unemployment insurance. ........... ........... .. 315 18,363 18,477
Other retirement contributions .......................... 416 3,576 3,577
Excise taxes ............. ............ ................ 3,099 24,097 25,171
Estate and gift taxes .................................... 507 5,647 5,138
Customs ................................ ............. 1,415 10,964 9,510
Miscellaneous .......................................... 1,719 14,247 14,792

Total .......................................... 82,945 637,297 571,581

OUTLAYS
National defense ....... ................. .. .. 24,694 211,371 203,270
International affairs ...................................... 1,068 8,759 9,952
General science, space, and technology .................... 836 6,668 6,769
Energy ................................................ 598 3,777 3,500
Natural resources and environment ...... .................. 1,176 9,601 9,768
Agriculture...... ..................................... -342 22,312 25,495
Commerce and housing credit ............................. 703 5,353 1,146
Transportation .......................................... 2,539 19,028 20,229
Community and regional development ...................... 584 4,870 5,776
Education, training, employment and social services .......... 2,143 21,933 22,126
Health ................................................. 3,525 29,750 26,573
Medicare .............................................. 6,576 56,482 51,407
Income security ........... ............ .............. 7,931 93,371 90,956
Social security......................... ........ 19,763 155,646 148,477
Veterans benefits and services ............................ 2,440 20,143 19,938
Administration of justice .................................. 690 5,353 4,923
General government............................ ........ 1,448 4,819 5,514
General purpose fiscal assistance. .......... .. . 54 964 4,170
Interest ............................................... 10,010 103,459 102,991
Undistributed offsetting receipts ........................... 3,069 -26,922 -24,579

Total .......................................... 83,366 756,735 738,402


Note: Details may not add to totals because of rounding.
Source: Financial Management Service, Department of the Treasury.


GPO 928-915






Explanatory Notes


1. Flow of Data Into Monthly Treasury Statement
The Monthly Treasury Statement (MTS) is assembled from data in the
central accounting system. The major sources of data include monthly
accounting reports by Federal entities and disbursing officers, and daily
reports from the Federal Reserve banks. These reports detail account-
ing transactions affecting receipts and outlays of the Federal Government
and off-budget Federal entities, and their related effect on the assets and
liabilities of the U.S. Government. Information is presented in the MTS
on a modified cash basis.

2. Notes on Receipts
Receipts included in the report are classified into the following major
categories: (1) budget receipts and (2) offsetting collections (also called
applicable receipts). Budget receipts are collections from the public that
result from the exercise of the Government's sovereign or governmental
powers, excluding receipts offset against outlays. These collections, also
called governmental receipts, consist mainly of tax receipts (including
social insurance taxes), receipts from court fines, certain licenses, and
deposits of earnings by the Federal Reserve System. Refunds of receipts
are treated as deductions from gross receipts.
Offsetting collections are from other Government accounts or the public
that are of a business-type or market-oriented nature. They are classified
into two major categories: (1) offsetting collections credited to appropria-
tions or fund accounts, and (2) offsetting receipts (i.e., amounts deposited
in receipt accounts). Collections credited to appropriation or fund accounts
normally can be used without appropriation action by Congress. These
occur in two instances: (1) when authorized by law, amounts collected
for materials or services are treated as reimbursements to appropriations
and (2) in the three types of revolving funds (public enterprise, intragovern-
mental, and trust); collections are netted against spending, and outlays
are reported as the net amount.
Offsetting receipts in receipt accounts cannot be used without being
appropriated. They are subdivided into two categories: (1) proprietary
receipts-these collections are from the public and they are offset against
outlays by agency and by function, and (2) intragovernmental funds-
these are payments into receipt accounts from Governmental appropria-
tion or fund accounts. They finance operations within and between Govern-
ment agencies and are credited with collections from other Government
accounts. The transactions may be intrabudgetary when the payment and
receipt both occur within the budget or from receipts from off-budget
Federal entities in those cases where payment is made by a Federal en-
tity whose budget authority and outlays are excluded from the budget
totals.
Intrabudgetary transactions are subdivided into three categories:
(1) interfund transactions, where the payments are from one fund group
(either Federal funds or trust funds) to a receipt account in the other fund
group; (2) Federal intrafund transactions, where the payments and receipts
both occur within the Federal fund group; and (3) trust intrafund transac-
tions, where the payments and receipts both occur within the trust fund
group.
Offsetting receipts are generally deducted from budget authority and
outlays by function, by subfunction, or by agency. There are four types
of receipts, however, that are deducted from budget totals as undistributed
offsetting receipts. They are: (1) agencies' payments (including payments
by off-budget Federal entities) as employers into employees retirement
funds, (2) interest received by trust funds, (3) rents and royalties on the
Outer Continental Shelf lands, and (4) other interest (i.e., interest collected
on Outer Continental Shelf money in deposit funds when such money
is transferred into the budget).

3. Notes on Outlays
Outlays are generally accounted for on the basis of checks issued by
Government disbursing officers, and cash payments made. Certain in-


tragovernmental outlays do not require issuance of checks. An example
would be charges made against appropriations representing a part of
employees' salaries which are withheld for individual income taxes, and
for savings bond allotments. Outlays are stated net of offsetting collec-
tions and refunds representing reimbursements as authorized by law,.
refunds of money previously expended, and receipts of revolving and
management funds. Interest on the public debt (public issues) is recog-
nized on the accrual basis. Outlays of off-budget Federal entities are ex-
cluded from budget outlay totals.

4. Processing
The data on payments and collections are reported by account sym-
bol into the central accounting system. In turn, the data are extracted from
this system for use in the preparation of the MTS.
There are two major checks which are conducted to assure the con-
sistency of the data reported:
1. Verification of payment data. The monthly payment activity reported
by Federal entities on their Statements of Transactions is compared to
the payment activity of Federal entities as reported by disbursing officers.
2. Verification of collection data. Reported collections appearing on
Statements of Transactions are compared to deposits as reported by
Federal Reserve banks.

5. Other Sources of Information About Federal Government
Financial Activities

A Glossary of Terms Used in the Federal Budget Process, March 1981
(Available from the U.S. General Accounting Office, Gaithersburg,
Md. 20760). This glossary provides a basic reference document of stan-
dardized definitions of terms used by the Federal Government in the
budgetmaking process.

Daily Treasury Statement (Available from GPO, Washington,
D.C. 20402, on a subscription basis only). The Daily Treasury Statement
is published each working day of the Federal Government and provides
data on the cash and debt operations of the Treasury.

Monthly Statement of the Public Debt of the United States (Available
from GPO, Washington, D.C. 20402 on a subscription basis only). This
publication provides detailed information concerning the public debt.

Treasury Bulletin (Available from GPO, Washington, D.C. 20402).
This quarterly publication provides a summary of statistics concerning
the Federal Government's financial operations, international statistics,
cash management/debt collection, and special reports.

Annual Budget Publications (Available from GPO, Washington,
D.C. 20402). There are five annual publications which provide informa-
tion concerning the budget:
-The Budget of the United States Government, FY 19_
-Appendix, The Budget of the United States Government, FY 19_
-The United States Budget in Brief, FY 19
-Special Analyses
-Historical Tables

United States Government Annual Report and Appendix (Available
from Financial Management Service, U.S. Department of the Treasury,
Washington, D.C. 20226). This annual report presents budgetary results
at the summary level. The appendix presents the individual receipt and
appropriation accounts at the detail level.
















Scheduled Release

The scheduled release date for the July 1987 Statement
will be 2:00 p.m. EDT August 21, 1987.

























For sale by the Superintendent of Documents, U.S. Government Printing
Office, Washington, D.C. 20402 (202) 783-3238. The subscription price is
$27.00 per year (domestic), $33.75 per year (foreign).
No single copies are sold.






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