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

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Material Information

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:
AA00010653:00069

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



For Fiscal Year 1988
Through June 30, 1988,
nd Other Periods


Monthly Treasury Statem AUG3 198S

of Receipts and Outlays of

the United States Governmen.

Department of the Treasury
Financial Management Service


iI.






--


Summary -
page 2




Receipts
Outlays
by Month -
page 26


Receipts -
page 6




Federal
Trust Funds
Securities -
page 28


Outlays -
page7




Receipts
by Source
Outlays by
Function -
page 29


Deficit
Financing -
page 20




Explanatory
Notes -
page 30


,
~98"~








Introduction


The Monthly Treasury Statement of Receipts and Outlays of the United States
Government (MTS) is prepared by the Department of me Treasur,,EFnancai Manage-
ment Service, and after approval by the F scale Assilant Secrelarv of the Treasury
is normally released on the 15th workday ol Ins montn foljo l g Ine repon.ng monir,
The publication is based on data provided by Feaeral e4,ie. 'disours.ng ortfcers
and Federal Reserve banks. r /

Audience g "
The MTS is published to meet the needs of Tnos. responsible for or .nieresled
in the cash position of the Treasury; Tnose >ho ake respons ,ie for or .nmeresled
in the Government's budget results; and inaiduali and businesses *nose opera-
tions depend upon or are related to The Gcvernrmenl's financial operalc.ns

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 1987 and 1988,
by Month (in millions)


Period Receipts Outlays Deficit/Surplus()



FY 1987
October ......... ..... ....... $59,012 $84,302 $25,290
November ............ ... ...... 52,967 80,054 27,087
December ...... ..... ...... 78,035 90,404 12,369
January ......... ..... ........ 81,771 83,928 2,157
February ....... .... 55,463 83,842 28,379
March ...... .... ....... 56,515 84,447 27,932
April ................ .. ... 122,897 83,988 -38,909
May ....... .. ..... ...... 47,691 83,264 35,573
June ... ........ .. ......... 82,945 83,429 484
July ...... .. .. ........... 64.223 86,431 22,208
August .. ............. ..... 60,213 81,890 21,677
September ............... 92,410 77,087 -15,323

Year-to-Date .................... 854,143 11,003,067 '148,924




FY 1988
October ............... ... 62.354 93,055 30,701
November ................ .... 56,987 83,911 26,924
December .. .......... .... ..... 85,525 109,771 24,246
January ...... ..... ... 81,791 65,786 -16,005
February ............. ...... 60,355 84,260 23,905
March ..... ............ 65,730 94,877 29,147
April ........ ....... 109,323 95,433 -13,890
May ...................... 59,711 82,173 22,462
June ..... ...... .... 99,348 89,856 -9,492

Year-to-date .................... $681,124 $799,122 $117,997






'The FY 1989 Budget of the United States (released on February 18, 1988) revised FY 1987 outlays to $1,004,586 million and the deficit to $150,444 million. Remaining
asousrmnris il rec:la:.,t, Thr,ri Sa..ngs Fund(+ $736 million) to a non-budgetary status and adjustments to outlays for the Department of Agriculture (+ $757 million) and
the Depadirrienl c.i Houi.nq ana urban Development (+ $19 million) will be made in future months. Treasury will continue to reflect a difference for the Small Business
AdmniIrJt, ,rai I millC.nl
rJlte D.jiai rrm rn.t i1ii ro totals due to rounding.
Sour'c Frnancial Man.Jgemer, Service, Department of the Treasury.







Table 2. Summary of Budget and Off-Budget Results and
Other Periods (In millions)


Financing of the U.S. Government, June 1988 and


Actual
Actual Budget Previous Budget
Classification nt Fiscal Year mateFiscal Year Estimates
Month Full FiscalYear Next Fiscal
to Date Year to Year (1989)


Total on-budget and off-budget results:
Total receipts ................ .............. $99,348 $681,124 $909,163 $637,297 $964,674
On-budget receipts ................ ........ 77,786 500,024 669,264 475,596 706,193
Off-budget receipts ......... .. ....... 21,562 181,100 239.899 161,701 258.481
Total outlays .................................. 89,856 799,122 1.055,904 757,658 1,094.215
On-budget outlays ........................ 72,673 648,569 852,778 613,022 880,873
Off-budget outlays ..................... .... 17,184 150,553 203,126 144,636 213.342
Total surplus (+) or deficit (-) .................. +9,492 -117,997 -146,741 -120,362 129,542
On-budget surplus (+) or deficit (-) ............ +5,113 -148,545 -183,514 -137,427 -174,680
Off-budget surplus (+) or deficit (-) ............ +4,379 +30.548 +36,773 + 17,065 +45,139
Total on-budget and off-budget financing ........... -9,492 117,997 146,741 120.362 129,542
Means of financing:
By Borrowing from the public .................. 11,391 123,354 127,247 129,255 127,021
By Reduction of operating cash, increase (-) ..... -20,638 -3,168 16,436 -8,688
By Other means ........ ........ ....... -244 -2,188 3,058 -205 2,521

'Based on the FY 1989 Budget of the United States released by the Office of Management and Budget on February 18, 1988.
Note: Details may not add to total 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 1987 and 1988

In billions of dollars
150

120 Outlays

90

60
Receipts
30

0

30

60 Deficit(- )/Surplus

-90

Oct. Dec. Feb. Apr. June Aug. Oct. Dec. Feb. Apr. June
FY FY
87 88






Figure 2. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 1987 and 1988

In billions of dollars
140

120 Total Receipts

100 -

80 A
Social Securit Taxes
60

40 Inncome Taxes

20
............... Other Taxes & Receipts

Oct. Dec. Feb. Apr. June Aug. Oct. Dec. Feb. Apr. June
FY FY
87 88





Figure 3. Monthly Outlays of the U.S. Government, by Function, Fiscal Years 1987 and 1988
In billions of dollars
120

Total Outlays
100 -

80

Social Security & Medicare,
60

Other Non Defense

l~~~~iSS^^~il ~National Defense::::::i:::!::!::::::! :i: :
402


Oct. Dec. Feb. Apr. June Aug. Oct. Dec. Feb. Apr. June
FY FY
87 88






Table 3. Summary of Receipts and Outlays of the U.S. Government, June 1988 and Other Periods (in millions)


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

Budget Receipts
Individual income taxes ......... .. ......... $46.234 $301,807 $293,987 $393,395
Corporation income taxes ..... .............. .. 18,347 70,568 59,496 105,567
Social insurance taxes and contributions:
Employment taxes and contributions (off-budget) ............ 21,562 181,100 161,701 239,899
Employment taxes and contributions (on-budget) ........ 5,638 47,561 45,219 63,170
Unemployment Insurance ..... .......... ....... ....... 352 18,156 18,363 23,727
Other retirement contributions .......................... 415 3,535 3,576 4,717
Excise taxes ....... ............................ 3,136 25,643 24,082 35,342
Estate and gift taxes ..... ... .. .............. .. 644 5,628 5,647 7,567
Customs duties .................... ........... ..... .. 1,430 11,838 10,979 16,399
Miscellaneous receipts .... ... .... ........ 1,590 15,289 14,247 19,380

Total Receipts ...................................... 99,348 681,124 637,297 909,163

(On-budget) ...................................... 77,786 500,024 475,596 669,264

(Off-budget) ...................................... 21,562 181,100 161,701 239,899

Budget Outlays
Legislative Branch ........................... ....... .. 130 1,387 1,265 1,942
The Judiciary ................... ...................... 92 984 865 1,359
Executive Office of the President ...... ..... ...... 9 93 83 124
Funds Appropriated to the President ....................... 832 7,052 8,190 5,233
Department of Agriculture ................ .... ... .... 2,552 36,718 41,342 50,715
Department of Commerce ................... ......... 213 1,701 1,674 2,485
Department of Defense-Military ........................... 24,572 213,272 205,354 277,275
Department of Defense-Civil .......... ...... ........... 1,837 16,391 15,359 22,284
Department of Education ............ ... .. 1,424 14,006 13,130 18,796
Department of Energy ............ ........ .... .. 1,037 8,657 8,221 10,506
Department of Health and Human Services,
except Social Security ...... ...... .. .......... 13,672 118,732 112,030 160,432
Department of Health and Human Services, Social Security .... 21,333 160,775 152,195 214,695
Department of Housing and Urban Development ......... 1,474 14,143 11,581 18,553
Department of the Interior ......... ..... .... ....... 502 3,721 3,700 5,407
Department of Justice .. ..... ................ 554 4,024 2,998 5,151
Department of Labor ........ ......... ...... ........ 1,985 16,386 18,066 22,009
Department of State .. ... .. .. .... ..... 321 2,454 2,074 3,321
Department of Transportation .... ....... ..... ..... 2,319 18,980 18,424 26,323
Department of the Treasury:
Interest on the Public Debt .... ................. 31,595 169,105 153,474 210,058
Other ................................. ........ -1,381 -7,727 -10,460 -11,160
Environmental Protection Agency ................ 478 3,643 3,634 4,853
General Services Administration ..... ......... ........ 277 -142 -6 -135
National Aeronautics and Space Administration ............... 863 7,040 5.578 9,112
Office of Personnel Management .... ..... ....... ... 2,492 21,965 19,837 28,493
Small Business Administration .......................... -45 34 ..... 280
Veterans Administration .. ............. ......... 2,130 21,536 20,262 27,623
Other independent agencies ..... ............ ........ 134 11,429 10,964 17,886
Allowances, undistributed ............. .........
Undistributed offsetting receipts:
Interest ................. .......... ....... ...... 18,293 -41,025 -35,251 -41.592
Other ................. ........... ....... -3,251 -26,214 -26,922 -36,123

Total Outlays ....................................... 89,856 799,122 757,658 1,055,904

(On-budget) ..................................... 72,673 648,569 613,022 852,778

(Off-budget) ..................................... 17,184 150,553 144,636 203,126

Surplus (+) or deficit (-) ............................ +9,492 -117,997 -120,362 -146,741

(On-budget) ..................................... +5,113 -148,545 -137,427 -183,514

(Off-budget) ..................................... +4,379 +30,548 +17,065 +36,773

'Based on the FY 1989 Budget of the United States released by the Office of Management and Budget on February 18, 1988
Source: Financial Management Service, Department of the Treasury.
... No Transactions.







Table 4. Receipts of the U.S. Government, June 1988 and Other Periods (in millions)

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

Classification Gross Refunds Receipts Gross Rehfund Receipts Gross Refunds .
Receipts (Deduct) Receipts (Deduct) Receipts (Deduct) ecep

Individual Income taxes:


W withheld ..... ..... ...........
Presidential Election Campaign Fund ..... ............
O the r ......... .......... .. .......... ....
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 ........................ .
O the r ....... ....... ...... ....... .....
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................ ........ .
O their ........ ....... ........
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:
State taxes deposited in Treasury ....... ....
Federal Unemployment Tax Act taxes ..............
Railroad Unemployment taxes ....... ..
Railroad debt repayment ....... .........
Total-Unemployment insurance ...............
Federal employees retirement contributions:
Civil service retirement and disability fund ..... ....
Foreign service retirement and disability fund........
O the r ... .... ...... ..... ...... .....
Total-Federal employees retirement contributions..
Other retirement contributions:
Civil service retirement and disability fund ..........

Total-Social Insurance taxes and contributions ......
Excise taxes:
Miscellaneous excise taxes2 .... .........
Airport and airway trust fund ......... ...........
H,,hn~i 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-Recelpts .... ........... ............

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

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


$30.995
3
16667


$258.329
29
110.150


$241 290
30
120.270


47,665 $51,431 $46,234 368,508 $66,701 $301,807 361,591 $67,603 5293,987

19,213 866 18,347 82,825 12,258 70,568 74,863 15,367 59,496




18,748 512 18,236 154,766 512 154,254 133,482 405 133,077
1,446 ...... 1,446 10,938 ...... 10,938 8,914 8,914
-10 ...... -10 36 ...... 36 5,399 ..... 5,399
(**) .... (") (") .... (") (") ..... (")
20,184 512 19,672 165,741 512 165,229 147,796 405 147,391

1.797 48 1,749 14,859 48 14,810 12,836 32 12,804
139 ...... 139 1,052 ...... 1,052 858 .... 858

3 ...... 3 9 ...... 9 647 .... 647
.. ... ..... ... .. ... ...-- (" ) .. ... ( )
1,939 48 1,891 15,920 48 15,871 14,342 32 14,310

4,989 147 4,842 41,773 147 41,626 38,015 120 37,895
380 ...... 380 2,993 ...... 2,993 2,469 ..... 2,469
332 ...... 332 332 ...... 332 330 ..... 330
9 ...... 9 -43 ...... -43 1,877 ..... 1,877
5,710 147 5,563 45,056 147 44,908 42,691 120 42,570

231 -3 234 1,704 24 1,681 1,721 4 1,717
-159 ...... -159 972 ...... 972 931 ... 931

27,905 705 27,200 229,393 731 228,662 207,481 561 206,919

231 ...... 231 13,672 ...... 13,672 13,435 ..... 13,435
132 11 121 4,429 239 4,190 4,775 141 4,634
1 ...... 1 148 ...... 148 153 ...... 153
( *) .... (* ) 147 ...... 147 141 ...... 141
364 11 352 18,395 239 18,156 18,504 141 18,363

402 ...... 402 3,419 ...... 3,419 3,467 ..... 3,467
4 .... 4 27 ..... 27 31 ...... 31
(" ) ..... (") 2 ...... 2 2 .... 2
406 ...... 406 3,448 ...... 3,448 3,500 .... 3.500

9 ..... 9 88 .... 88 75 ... 75

28,683 716 27,967 251,324 970 250,353 229,560 702 228,858

1,702 148 1,554 12,947 437 12.510 12,191 504 11,687
236 1 236 2,302 5 2.297 2,298 6 2,292
1,313 41 1,272 10,615 256 10,359 9,787 125 9,662
75 ...... 75 476 ...... 476 441 ... 441
3,326 190 3,136 26,340 697 25,643 24,717 635 24,082

659 15 644 5,764 137 5,628 5,780 133 5,647

1,486 56 1,430 12,203 365 11,838 11,336 357 10,979

1,543 .. 1,543 13,258 ...... 13,258 12,413 ... 12,413
47 (**) 47 2,031 1 2.030 1.837 2 1,834
1,590 (") 1,590 15,290 1 15,289 14,250 2 14,247

102,622 3,274 99,348 762,254 81,129 681,124 722,096 84,799 637,297

80,499 2,713 77,786 580,593 80,569 500,024 559,958 84,362 475,596

22,123 560 21,562 181,661 560 181,100 162,138 437 161,701


'Includes a reduction of $225 million of estimated earned income credit payments in excess of tax liability.
2Includes amounts received for Windfall Profits Tax pursuant to P.L 96-223
No Transactions
('"iLess than $500,000
Note Details may not add to totals due to rounding
Source Financial Management Service, Department of the Treasury






Table 5. Outlays of the U.S. Government, June 1988 and Other Periods (in millions)


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

Gross Applicable s Gross Applicable ut Gross Applicab Outlays
Outlays Receipts ays Outlays Receipts Outlays Receipts Oays


Legislative Branch:
Senate ............. ................. ..
House of Representatives .................. ..
Joint item s ................ ..... ...
Congressional Budget Office .......... ...
Architect of the Capitol ....... ... ..... .
Library of Congress .. . ...
Government Printing Office:
Revolving fund (net) .............. .... ..... .
General fund appropriations .. ........ ....
General Accounting Office ........... ..
United States Tax Court ........... .............
Other Legislative Branch agencies ............
Proprietary receipts from the public ........... .......
Intrabudgetary transactions .. ...... .. ....

Total-Legislative Branch ........................

The Judiciary:
Supreme Court of the United States ...............
Courts of appeals, district courts, and other
judicial services ....... ......... ..... .. ..
O the r .......... ........ ....... ........

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

Executive Office of the President:
Compensation of the President and the
W hite House Office.. ........ ........ .
Office of Management and Budget ..................
O other .............. ..... .......... .. .......

Total-Executive Office of the President ...........

Funds Appropriated to the President:
International Security Assistance:
Guarantee reserve fund ............ .......
Foreign military sales credit ........................
Economic support fund .........................
Military assistance .. ................ ... ..
Peacekeeping operations ....................
O the r ... .......... .. ........ ..... ..... .....
Proprietary receipts from the public .... .........

Total-International Security Assistance ............

International Development Assistance:
Multilateral assistance:
Contributions to International Financial Institutions:
International Development Association.........
Inter-American Development Bank ............
Other ........ ................. ...... .
International Organizations and Programs........

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

Agency for International Development:
Functional Development Assistance Program .......
Operating Expenses, Agency for
International Development .......... ........ ..
Payment to Foreign Service Retirement and
Disability Fund ............. ........ ....
O their ........................ ........... .
Proprietary receipts from the public ........ .......

Total-Agency for International Development ....

Trade and Development Program...................
Peace Corps .................. ............. .
Overseas Private Investment Corporation .............
O their ........................ .... ...........

Total-international Development Assistance ........
Table continued on next page.


(*) $30
("*) 50
8
1
$1 11
13

-10
11
13
2
. ) ( 1)
( *) (**)


("*) $252
$1 430
67
13
5 89
236

-30
77
225
18
15
4 -4
20


('*) $227
$1 364
71
12
7 80
199

1
67
220
17
14
3 -3
2


131 1 130 1,397 10 1,387 1,276 11 1,265


1 .. 1 13 .. 13 12 12

88 ..... 88 926 ...... 926 807 807
2 ...... 2 45 ...... 45 46 46

92 ...... 92 984 ...... 984 865 ...... 865



2 ...... 2 22 ...... 22 20 .. 20
2 .. 2 31 31 28 ..... 28
4 ...... 4 40 ...... 40 35 .. 35

9 ...... 9 93 ...... 93 83 ...... 83



60 92 -31 524 409 115 612 645 -33
367 57 310 3,408 1,366 2,042 3,303 563 2,740
151 .... 151 2,635 .... 2,635 2,890 2,890
93 ... .. 93 495 ..... 495 151 151
2 ...... 2 22 ...... 22 34 .. 34
5 ...... 5 32 ...... 32 35 35
.. 5 -5 ...... 195 -195 ..... 310 -310

678 153 524 7,117 1,970 5,146 7,025 1,517 5,508




...... .. .... .. 410 ... 410 277 277
.. ... 100 ..... 100 151 ... 151
8 ...... 8 400 ...... 400 197 197
5 ...... 5 194 ... 194 209 209

13 .... 13 1,104 ... 1,104 834 834


102 .... 102 919 ...... 919 1.059 1,059

64 .... 64 330 ...... 330 264 .... 264

.... ... .45 45
46 3 43 210 30 180 206 24 182
..... 63 -63 ... 594 -594 ...... 552 -552

212 65 147 1,460 624 836 1.574 575 999

2 ...... 2 15 ...... 15 12 12
12 ...... 12 107 ...... 107 88 .. 88
15 18 -4 42 102 -60 44 71 -27
3 (") 3 26 12 14 25 14 11

256 84 172 2,753 737 2,016 2,577 660 1,917


Classification







Table 5. Outlays of the U.S. Government, June 1988 and Other Periods (in millions)-Continued


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

Gross Applicable outlays Gross Applicable OGross Applicable
Outlays Receipts utas Outlays Receipts Ou s Outlays Receipts ays


Funds Appropriated to the President:-Continued
International Monetary Programs .........
Military Sales Programs:


O


Foreign military sales trust fund .......
O their ...... ........... .. .. ....
Proprietary receipts from the public .... .. .
their ................ ............ ..

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


Department of Agriculture:
Departmental Administration ......... ........
Agricultural Research Service ..................
Cooperative State Research Service ......
Extension Service ......... ..... ....
Foreign Agricultural Service . ....
Foreign Assistance Programs .. .. ......
Agricultural Stabilization and Conservation Service:
Conservation Program ............... ..
Other ........... ......... .
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:
Agricultural credit insurance fund ................
Rural housing insurance fund. ................ .
Rural development insurance fund ....... ......
O the r ...... ..... .. ... .. ... .
Rural water and waste disposal grants ...... .... .
Salaries and expenses .. ..... .. .... .
O their ....... ..... ... ........

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

Soil Conservation Service:
Conservation operations ..... ...... ....
Water resource management and improvement .......
O their .......... .............
Animal and Plant Health Inspection Service ............
Agricultural Marketing Service:
Funds for strengthening markets, income, and supply...
O the r .. ............. .. .. .
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 ............. .
Other ..... ................. ..

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

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

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

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

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


$395 ...... $395 -$283 ...... -$283 -$564 ...... -$564

823 .... 823 6,898 ...... 6,898 7,331 ...... 7,331
32 $65 -33 184 $216 -31 187 $211 -24
1,050 -1,050 ...... 6,715 -6,715 ...... 6,077 -6,077
1 ...... 1 20 ...... 20 99 ...... 99

2,184 1,352 832 16,690 9,638 7,052 16,655 8,465 8,190


11 .. ...
59 .. ...
26 .....
. .30 .
12 ......
200 .. ...

80 .. ...
.. 3 .. .. .
12 6

509 1,220
2 ...
520 523


11 90 .. 90 81 ...... 81
59 407 ..... 407 384 .... 384
26 225 ..... 225 209 ..... 209
30 247 ...... 247 240 ...... 240
12 66 ..... 66 63 ...... 63
200 548 ...... 548 298 ..... 298

80 346 ...... 346 85 .... 85
3 -6 ...... -6 -49 ...... -49
6 360 158 202 504 133 371

711 21,682 7,802 13,880 25,056 6,308 18,748
2 125 ..... 125 136 ...... 136
-3 2,849 4,816 -1,967 1.951 1,749 203


682 172 511 4,366 2,613 1,753 4,777 3,057 1,720
519 309 210 4,330 2,000 2,330 4,055 2,611 1,444
161 192 -31 2,330 1,804 527 1,891 1,228 663
(**") () ("*) -1 () -1 -2 (") -2
13 ...... 13 100 .... 100 115 ... 115
45 .. .. 45 304 ...... 304 272 ..... 272
5 .. 5 49 ..... 49 39 ...... 39

1,426 672 754 11,478 6,418 5,061 11,147 6,896 4,252


48 .... 48 331 ... 331 258 ... 258
20 ... 20 148 .... 148 162 .... 162
2 ... 2 35 ..... 35 30 ...... 30
37 .. 37 266 266 240 240

3 ..... 3 290 ..... 290 298 ... 298
15 .. 15 110 .. 110 84 3 81
45 .. 45 301 301 272 ..... 272

1,114 1,114 9,915 ...... 9,915 9,389 9,389
1-9 .. -9 1 1 1 ... 1
440 440 3,630 .. 3,630 3,459 ... 3,459
175 .... 175 1,372 ..... 1,372 1,275 ... 1,275
27 27 220 220 208 ..... 208

1,747 ... 1,747 15,138 ... 15,138 14,333 .. 14,333


136 ... 136 1,040 .... 1,040 873 ..... 873
24 .24 170 170 148 ..... 148
15 ... 15 101 .... 101 84 ...... 84
17 .... 17 183 .... 183 176 176
25 ..... 25 133 133 10 10
22 ... 22 113 ..... 113 95 .. 95

239 .... 239 1,740 1,740 1,386 .. 1386

33 3 30 214 29 186 203 23 179
. 104 -104 .... 1,050 -1,050 ...... 916 -916
.. .. . . (* ) (* *)

5,080 2,528 2,552 56,990 20,272 36,718 57,370 16,028 41,342


Table continued on next page.


Classification






Table 5. Outlays of the U.S. Government, June 1988 and Other Periods (in millions)-Continued

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


Department of Commerce:
General Administration ... .
Bureau of the Census .. ...... ...
Economic and Statistical Analysis ................
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
Administration ......... .

Total-Science and Technology ...........

O their .. ....... .. ...... ....
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 .... ............. ..
Other ........................... ........ ..
Proprietary receipts from the public ..... ........ .
Intrabudgetary transactions ............ .

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


$17 $61 $44 $216 $93 $123 $384 $63 $321
36 36 237 237 161 .. 161
8 8 58 ...... 58 47 47
24 24 161 161 176 ..... 176

161 1 160 979 9 969 859 20 839
13 .. 13 69 69 62 ... 62
16 .. 16 85 85 82 82

3 .. 3 24 24 25 .. 25

193 1 192 1,157 9 1,148 1,028 20 1,008

3 3 17 17 ( ) ( )
5 -5 ...... 39 -39 .... 34 34
( ) ( ) -4 ...... -4 -4 ..... -4

280 67 213 1,843 142 1,701 1,791 117 1,674



2,529 2,529 21,405 21,405 20,994 20,994
2,089 .. 2,089 18,972 18,972 18,551 ... 18,551
1,830 ...... 1,830 15,812 15,812 15,811 15,811

6,448 ..... 6,448 56,189 56,189 55,356 55,356


2,215 .. 2,215 18,665 ... .. 18,665 16,308 ...... 16,308
2,442 ...... 2,442 21,416 21,416 18,470 ..... 18,470
1,983 ..... 1,983 17,943 ...... 17,943 15,440 15,440
520 520 5,552 .. 5.552 6,218 ...... 6,218

7,160 7,160 63,576 63,576 56,436 .. 56,436


1,531 1,531 12,376 12,376 11,969 .. 11,969
2,633 .... 2,633 21,913 ..... 21,913 21,558 21,558
2,761 ..... 2,761 23,453 23,453 24,688 24,688
151 151 1,376 ...... 1,376 1,421 ...... 1,421

7,076 7,076 59,118 .. 59,118 59,636 59,636


384 .... 384 3.626 ..... 3,626 3,450 .. 3,450
861 .. 861 6,649 6,649 6,686 6,686
1,303 ...... 1,303 10,623 ... 10,623 10,367 10,367
572 572 5,218 ... 5,218 4,563 4,563

3,120 3,120 26,116 .. 26,116 25,066 .... 25,066


138 ..... 138 1,308 ..... 1,308 1,429 ..... 1,429
181 ...... 181 1,296 ... .. 1,296 1,142 ...... 1,142
121 121 1,242 ...... 1,242 1,277 ...... 1,277
52 .... 52 566 .. 566 372 ..... 372

492 ...... 492 4,412 ..... 4,412 4,219 .... 4,219

278 ..... 278 2,289 ..... 2,289 2,092 ..... 2,092

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

-10 ...... -10 464 .. 464 367 367
-18 ..... -18 720 ..... 720 1,783 46 1,737
43 ...... 43 534 534 44 ..... 44
-24 ...... -24 -124 ...... -124 599 .... 599
34 29 6 279 240 39 271 238 33
-17 17 ...... 392 -392 ..... 583 -583
-16 ...... -16 333 ..... 333 343 ...... 343

24,584 11 24,572 213,906 634 213,272 206,223 869 205,354


Table continued on next page.







Table 5. Outlays of the U.S. Government, June 1988 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 Ouays Outlays Receipts Outlays Outlays Receipts


Department of Defense-Civil
Corps of Engineers:
General investigations .... .............. ..
Construction, general ................ ........
Operation and maintenance, general .. ........
Flood control, Mississippi River and coastal emergencies
O th e r .. .. .. .. .. .. .
Proprietary receipts from the public .......... .....

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

Military retirement fund:
Payments to military retirement fund .. ........ ...
Military retirement fund .......... ... .. .....
Retired pay ........... .... .. ... .......... .
Intrabudgetary transactions .. .... .
Education benefits fund .......................... .
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
A ffa irs .... .... .. ....... ......... .
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 ............... ...
O their ...... .. ........ .

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 .


$11 ..
82 ......
128 ... :.
25 ......
6 ......
$5

252 5


$11 $94 .
82 764 .
128 915 .
25 197 .
6 321
-5 ......

247 2,291


$94 $92
764 684
915 893
197 195
321 149
$94 -94 .. .

94 2,197 2,013


$92
684
893
195
149
$57 -57

57 1,956


.. .. 10,285 ...... 10,285 10,524 ... 10,524
1,602 .. 1,602 14,180 ... 14,180 13,520 ..... 13,520
(**) ...... ( *) 1 ...... 1 2 ... 2
... .......... -10,285 .... 10,285 -10,524 .. -10,524
-12 .. ... -12 -33 .... -33 -146 .... 146
1 (**) 1 50 (*) 50 32 (*) 31
...... (") (") .... 6 -6 ..... 4 -4

1,843 5 1,837 16,491 100 16,391 15,421 62 15,359



399 ...... 399 3,261 ..... 3,261 2,750 2,750
39 .. 39 567 .... 567 609 .609
23 ..... 23 296 .. 296 569 .... 569
1 ..... 1 16 ... 16 14 14

462 .... 462 4.141 ... 4,141 3,942 .. 3,942


17 .... 17 133 ..... 133 90 90

161 ...... 161 1,189 .. .. 1,189 992 992
65 ...... 65 1,222 ... 1,222 1,082 1,082
8 .... 8 68 ..... 68 86 86
67 .... 67 852 .... 852 950 .... 950

4 3 1 49 349 -300 55 495 -441
337 ... 337 3,988 .... 3.988 3,709 ... 3,709
254 ...... 254 2,090 ...... 2,090 1,985 -20 2,005
'-24 ..... -24 235 .... 235 267 ... 267
18 ...... 18 119 .. 119 173 173
1 .. .. 1 -62 .... -62 -74 ..... -74
... ... 19 .. ... 19 ...

590 3 587 6,440 349 6,090 6.115 475 5,640

9 ...... 9 137 .... 137 164 ... 164
36 ... 36 222 222 212 212
.. -13 13 .. 47 -47 27 -27

1,414 -10 1,424 14,403 397 14,006 13,632 502 13,130


688 ..... 688 5,737 ..... 5,737 5,537 5,537

64 ...... 64 543 ...... 543 503 503
180 ..... 180 1,537 ..... 1,537 1,491 1,491
63 ...... 63 963 .. 963 812 812
25 ...... 25 239 .... 239 236 ..... 236
16 16 139 .. 139 105 .. 105
43 ...... 43 249 ..... 249 181 181
49 ...... 49 452 452 583 583
10 10 75 .... 75 68 68
(* ) ... (* ) (* ) .. (* ) 1 1
28 ..... 28 317 317 326 326
19 19 238 .. 238 191 191


Total-Energy Programs ............ 496 496 4,752 .. 4,752 4,496

Power '.1 Jr--,r. Administration .............. 144 101 42 968 959 10 924
Departmental Administration ... .. ....... 33 .. 33 286 .... 286 274
Proprietary receipts from the public ..... ........ 225 -225 .1,992 1.992 2,
Intrabudgetary transactions ................. 2 2 135 -135 66

Total-Department of Energy ..................... 1,364 327 1,037 11,608 2,951 8,657 11,165 2.


Table continued on next page.


4,496

349 74
274
094 2.094
66

944 8,221


--


--






Table 5. Outlays of the U.S. Government, June 1988 and Other Periods (In millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable s Gross Applicable O Gross Applicable
Outlays Receipts Ou Outlays Receipts uas 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 Service ...........................
Centers for Disease Control ....................
National Institutes of Health:
Cancer Research ...............................
Heart, Lung, and Blood Research ...............
Diabetes, 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 .................
O their .............. ...........................
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 ................ ..........
Interim assistance to states for legalization ...........
Other ................... ....................

Total-Family Support Administration ..............

Human Development Services:
Social services ............................
Human development services .......... .. ...
Payments to states for foster care and adoption assistance
Other .............. ........................

Total-Human Development Services ..............

Departmental management .......................
Proprietary receipts from the public ...................
Intrabudgetary transactions:
Payments for health insurance for 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.......................


$34 (") $33 $342


$2 $340 $311


$2 $309


4 ...... 4 28 ...... 28 14 ... 14
186 ...... 186 1,184 ...... 1,184 1,106 .... 1,106
81 ...... 81 695 ...... 695 651 651
67 ...... 67 446 ...... 446 327 .. 327

124 ...... 124 1,054 ..... 1,054 921 921
93 ...... 93 719 ..... 719 624 624
59 ...... 59 394 ...... 394 366 366
46 ...... 46 381 ..... 381 326 326
61 ..... 61 406 ...... 406 290 290
53 .... 53 426 ...... 426 348 348
33 ...... 33 276 ...... 276 241 241
78 .... 78 670 ...... 670 501 501
19 ...... 19 260 ...... 260 217 217
35 ...... 35 138 ...... 138 96 96

601 ...... 601 4,725 ...... 4,725 3,931 3.931

99 ..... 99 981 .... 981 891 891
19 ...... 19 180 ...... 180 149 .... 149

1,091 (*) 1,091 8,582 2 8,580 7,379 2 7,378

2,830 ...... 2,830 22,540 ...... 22,540 20,467 ..... 20,467
2,462 ...... 2,462 20,706 ...... 20,706 15.980 .. 15,980
-32 ...... -32 20 ...... 20 63 -1 63

4,756 ...... 4,756 39,036 ...... 39,036 37,993 ... 37,993
150 ...... 150 536 ...... 536 679 .... 679

4,906 ...... 4.906 39,573 ...... 39,573 38,672 38,672

3,008 ...... 3,008 24,882 ...... 24,882 21,961 21,961
37 ...... 37 927 ...... 927 669 ... 669

3,045 ...... 3,045 25,810 ...... 25,810 22,630 22,630

13,211 ...... 13,211 108,648 ...... 108,648 97,812 1 97,812

249 ...... 249 4,630 ...... 4,630 4,136 4,136
76 ...... 76 693 ...... 693 720 720
969 ...... 969 8,602 ..... 8,602 8,162 ...... 8,162

1,295 ...... 1,295 13,925 .... 13,925 13,018 13,018

6 ...... 6 55 ...... 55 40 ..40
797 ..... 797 8,092 ...... 8,092 7,964 7,964
71 .. 71 1,489 ...... 1,489 1,732 ...... 1,732
24 ...... 24 250 ...... 250 326 326
41 ...... 41 309 .. 309 272 ...... 272
(* ) ( ) ( ) (* *) .
5 ...... 5 65 ...... 65 92 ...... 92

943 ...... 943 10.260 ...... 10,260 10,425 ..... 10,425

160 ...... 160 2,034 .... 2,034 2,055 2,055
154 ... .. 154 1,556 ...... 1,556 1,460 ..... 1,460
77 ...... 77 789 ...... 789 622 622

391 .... 391 4,379 ...... 4,379 4,137 ..4,137
11 ... .. 11 88 ...... 88 85 .. 85
...... $807 -807 .... 6,442 -6,442 4,845 .4,845


-2,404 ...... -2,404 -19,749 ...... -19,749 -15,129 ..... -15.129

-58 ...... -58 -957 ...... -957 -850 ..... -850


14,480 808 13,672 125,177 6,444 118,732 116,876 4,846 112,030


Table continued on next page.







Table 5. Outlays of the U.S. Government, June 1988 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 Outlays Receipts Outlays Receipts


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 payments ...............
Administrative expenses and construction ........ ...
Payment to railroad retirement account ... ...
Interest on normalized tax transfers .......... .

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

Proprietary receipts from the public .... .......
Intrabudgetary transactions 2 ... ........ ..

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 ........
O the r ................. .... ..
Rent supplement payments .. ....... ........
Homeownership assistance ................... ....
Rental housing assistance ... ...... .....
Rental housing development grants .. .............
Low-rent public housing .. ..........
Public housing grants ................... ...
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 Dvelopment:
Public enterprise fund .... .. .. ...
Community Development Grants ...... .
Urban development action grants .. .......
Rental rehabilitation grants ................
O their .....................

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

Management and administration ...... .. ......... ..
O the r . . . . .

Total-Department of Housing and Urban Development


$16,259 $143,628
136 1,367
2,790 2,790

449 836

19,634 148,621


$16,259
136
2,790

449

19,634


1,791
53
61
43


S$143,628 $136,080 ...... $136,080
1,367 1,228 ...... 1,228
2,790 2,557 ...... 2,557

S 836 625 ...... 625

S 148,621 140,490 ...... 140,490


1,791 15,990 ...... 15,990 15,295
53 654 ...... 654 461
61 61 ..... 61 57
43 80 ...... 80 60


15,295
461
57
60


1,948 1,948 16,785 ...... 16,785 15,873 ... .. 15,873

... ( ) (" ) ...... (*) (* ) ...... $33 -33
-249 -249 -4,630 -4,630 -4,135 ...... -4,135


21,333 (") 21,333 160,775 (*) 160,775 152,228 33 152,195




766 $563 202 5,566 $4,371 1,195 4,175 4,764 -589
16 40 -24 754 371 384 838 390 448
(*) 6 -6 37 47 -11 77 49 28
7 .. 7 35 .... 35 36 ...... 36
15 ..... 15 147 ..... 147 133 .. 133
37 ...... 37 434 ...... 434 473 .... 473
6 6 49 ...... 49 52 ...... 52
78 .... 78 625 .... 625 625 .. 625
28 ... 28 138 ..... 138 ...
2 .... 2 17 .... 17 17 ...... 17
780 .... 780 6,778 ...... 6,778 6,054 .... 6,054
4 ...... 4 3 ...... 3 -50 -50

1,739 609 1,131 14,583 4,789 9,794 12,428 5,203 7.225


131 .... 131 1,058 ...... 1,058 972 ...... 972
70 6 64 1,028 77 951 1,134 98 1.036

201 6 195 2,086 77 2,010 2.106 98 2,008


36 226 -190 102 363 -260 104 384 -280
27 38 -11 421 555 -134 122 311 -190
-2 .. -2 -63 .. .. -63 40 40

61 264 -203 461 918 -457 266 695 -429


12 14 -2 79 103 -25 56 121 -65
280 ..... 280 2,280 2,280 2,255 24 2,231
18 ...... 18 181 .. 181 292 ...... 292
10 .. 10 76 .. 76 75 .... 75
5 5 32 ...... 32 19 19

326 14 311 2,648 103 2,545 2,696 145 2,552

39 ... 39 239 ...... 239 215 .. 215
1 .. 1 13 ... 13 11 11

2,366 892 1,474 20,030 5,887 14,143 17,722 6,141 11,581


Table continued on next page.







Table 5. Outlays of the U.S. Government, June 1988 and Other Periods (in millions)-Continued


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 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 ................. .
Other .... ... ....... ......
Geological Survey ................... ....... .
Bureau of Mines .. .......

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 ................
Construction .. .. . ..... ...
Indian tribal funds .. .. ............ ......
O their ...........

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 ... ... ........... .... ........ ..
Other .......... ..... ............


$44 $354
(") -1
11 146
58 426
37 265


$354 $306
-1 ('*)
146 141
426 390
265 236


151 151 1,190 1,190 1,074 1,074



38 $5 33 492 $48 444 540 $46 493
13 13 108 ...... 108 97 97
18 ..... 18 134 134 133 133
59 59 340 340 277 277
16 2 13 120 16 104 112 15 96

144 7 137 1,194 63 1,130 1,158 62 1,097


62 62 526 ...... 526 444 444
108 ...... 108 737 737 683 683

170 170 1,262 1,262 1,128 1,128


78 78 729 ...... 729 702 702
8 ..... 8 63 63 68 .68
95 95 292 292 240 240
2 1 1 72 9 63 53 8 45

183 1 182 1,156 9 1,147 1,064 8 1,055

9 .. 9 231 231 375 1 374
9 .9 66 66 61 61


1 -1 ...... (**) (" ) 1 -1
154 -154 ..... 1,303 -1,303 1,054 -1,054
(**) (") -3 .... -3 -33 -33

665 163 502 5,097 1,376 3,721 4,826 1,126 3,700


113 113 897 897 584 584
150 .. 150 1,023 1,023 870 .... 870
59 59 381 381 310 310
96 96 709 709 487 487
105 3 101 747 32 715 550 29 521
35 ... 35 244 (') 244 170 (*) 170
(") ( *) 55 .. 55 56 .... 56

558 3 554 4,056 32 4,024 3,027 29 2,998



391 391 2,524 2,524 2,404 2,404
33 33 247 ...... 247 282 282
20 ..... 20 131 131 97 97

-8 -8 25 25 68 68

.. .... 28 28 98 98
6 6 49 49 46 46


Table continued on next page.


Classification







Table 5. Outlays of the U.S. Government, June 1988 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable s Gross Applicable Outlays Gross Applicable utla
Outlays Receipts Ou s Outlays Receipts Outlays Receipts ys


Department of Labor:-Continued
Employment and Training Administration:-Continued
Unemployment trust fund:
Federal-State unemployment insurance:
State unemployment benefits ...................
State administrative expenses ....... .. ....
Federal administrative expenses ................
Veterans employment and training .............
Repayment of advances from the general fund.....
Railroad unemployment benefits ............
O their .. .. ...... .. ........

Total-Unemployment trust fund ........ ..

Total-Employment and Training Administration ....

Labor-Management Services .................. .
Pension Benefit Guaranty Corporation ..........
Employment Standards Administration:
Salaries and expenses ........
Special benefits .. ........... ..... ..
Black lung disability trust fund .......... ..
Special workers compensation expenses ...........
Occupational safety and health administration .........
Mine safety and health administration ................
Bureau of Labor Statistics ............... .........
Departmental management .... ............ ..
Proprietary receipts from the public ..................
Intrabudgetary transactions .... .... ... .... ..

Total-Department of Labor ....................

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

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

International Organizations and Conferences ............
tl.r,,al,.:.n and Refugee Assistance .. ............ .
International Narcotics Control .......... .. .......
O their ......... .... .. .. ..... .
Proprietary receipts from the public ................. .
Intrabudgetary transactions ............ .......

Total-Department of State ......................

Department of Transportation:
Federal Highway Administration:
Highway trust fund:
Federal-aid highways. .. ...... ..........
O their ..... ...... ...... ...
Other programs ................... .......

Total-Federal Highway Administration ...........

National Hinr.A 3, Traffic Safety Administration ..........


$1,053
210
-4
11

5
12

1,287

1 700


...... $1,053
. .. 210
.. -4
... 11
. ... 5
5
...... 12

... .. 1,287

1 700


$10,632
1,778
100
104

96
26

12,737

1 K 7A


.. $10,632
1,778
...... 100
. ..... 104

...... 296
26

. ..... 12,737

1 7A2


$12.188
1,720
74
100
803
140
18

15,044

1 Q0o


$12,188
1,720
.. 74
100
803
.... .140
.... 18

.... 15,044

10 no9


5 ...... 5 50 ...... 50 42 .. .. 42
33 $6 26 283 $562 -279 380 $330 50

19 ... .. 19 149 .... 149 125 .... 125
97 ...... 97 -161 ...... -161 -132 ... -132
53 ...... 53 481 ...... 481 479 .. .. 479
6 .... 6 54 .. .. 54 53 ... .. 53
21 .... 21 167 ...... 167 158 ...... 158
16 .. 16 126 ...... 126 107 ...... 107
20 .... 20 131 ...... 131 117 .... 117
11 ...... 11 112 ...... 112 97 .... 97
( ) (* ) ...... 2 -2 .... 2 -2
-18 ...... -18 -183 ...... -183 -1,069 ...... -1,069

1,992 7 1,985 16,950 564 16,386 18,397 332 18,066



200 ..... 200 1,218 ...... 1.218 1,091 1,091
36 ...... 36 239 ...... 239 182 ... 182

.... ...... .. 86 ...... 86 127 .... 127
23 ... .. 23 211 ...... 211 191 191
8 ...... 8 18 ...... 18 31 31

266 ...... 266 1,772 ...... 1,772 1,623 1,623

49 ..... 49 486 ..... 486 287 ..... 287
29 .... 29 203 ...... 203 254 254
9 ...... 9 67 ...... 67 43 ... 43
3 ...... 3 49 ...... 49 42 42
. (**) (* ) 2 -2 ...... (**) (" )
-35 ...... -35 -122 ...... -122 -174 -174

321 ( *) 321 2,456 2 2,454 2,074 (") 2,074




1,247 ... .. 1,247 9,387 ..... 9,387 8,795 8,795
10 ...... 10 66 ...... 66 38 22 16
7 ...... 7 61 ...... 61 72 72

1,265 ...... 1,265 9,514 ...... 9,514 8.904 22 8,882

32 ...... 32 152 .... 152 158 ...... 158


Table continued on next page.


. .


I


I


I


I






Table 5. Outlays of the U.S. Government, June 1988 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 ays Outlays Receipts Outlays Receipts


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

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

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

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

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

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

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

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


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

Department of the Treasury:
Departmental Offices ......... ............
Financial Management Service:
Salaries and expenses .............. ....... .
Claims, Judgements, and Relief Acts .... ... .......
Energy Security Reserve ........ .............. .
O their ........ ..... ......... ...... ....

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

Federal Financing Bank ... ............ ........
Bureau of Alcohol, Tobacco and Firearms:
Salaries and expenses ................. ........
Internal Revenue collections for Puerto Rico ..........
United States Customs Service ... .............. ...
Bureau of Engraving and Printing .....................
United States M int .................. ..............
Bureau of the Public Debt ........ .... ... .


$1 .. $1 $443 ...... $443 $463 ... $463
7 (*) 7 -24 $13 -37 159 -$6 165

7 (") 7 419 13 406 622 -6 628


186 ... 186 1,528 ...... 1,528 1,323 ..... 1,323
55 55 492 ..... 492 456 456
40 40 485 ..... 485 644 .. 644

194 ...... 194 1,802 ..... 1,802 1,668 1,668
3 .... 3 34 (") 34 68 68

61 .... 61 563 ...... 563 648 ...... 648
72 ... 72 757 ...... 757 586 .. 586
13 ...... 13 114 ...... 114 124 124
69 .... 69 620 ...... 620 503 503

214 .... 214 2,054 ...... 2,054 1,861 1,861

411 ...... 411 3,890 (") 3,890 3,596 3,596


150 ...... 150 1,362 ...... 1,362 1,263 1,263
39 ...... 39 283 ..... 283 336 336
29 ...... 29 267 ...... 267 258 258
7 (") 7 118 4 115 94 3 91

225 (*) 225 2,030 4 2,027 1,951 3 1,948


85 $19 66 373 251 122 663 158 505
18 .... .... 18 167 ...... 167 176 .... 176
1 ...... 1 91 ...... 91 81 81
17 2 16 130 8 122 94 9 85
...... 1 -1 ..... 4 -4 ... 52 -52
-1 ... -1 -12 .. .... -12 -6 -6


2,341 23 2,319 19,259 279 18,980 18,663 238 18,424


76 ...... 76 -1,307 ...... -1,307 -1,179 .. -1,179

23 ..... 23 191 .. 191 172 172
39 ..... 39 1,186 ..... 1,186 258 .... 258
3 ...... 3 54 ...... 54 32 .... 32
5 ..... 5 26 ...... 26 190 190

69 ...... 69 1,458 ... 1,458 653 653

2,777 2,074 703 11,699 11,464 235 9,659 9,637 22

12 ...... 12 157 ...... 157 134 134
17 ..... 17 158 ...... 158 173 173
84 ..... 84 1,028 ... 1,028 769 ..... 769
-1 ...... -1 -18 ...... -18 -26 -26
10 .... 10 83 ..... 83 87 ..... 87
17 ...... 17 154 ... 154 154 ...... 154


Table continued on next page.








Table 5. Outlays of the U.S. Government, June 1988 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
Outlays Receipts Outlays Receipts O s Outlays Receipts Oay


Department of the Treasury:-Continued
Internal Revenue Service:
Salaries and expenses .................... $5
Processing tax returns ........ ......... ..... 131
Examinations and appeals ................ .... 115
Investigation, collection and taxpayer service ......... 116
Payment where earned income credit exceeds liability for tax 3231
Refunding internal revenue collections, interest .. 116
Other ....... (")

Total-Internal Revenue Service .......... ...... 715

United States Secret Service ................. 30
Comptroller of the Currency ..... ..... 16
Interest on the public debt:
Public issues (accrual basis) ...... .. ...... 13,908
Special issues (cash basis) ............. 17,687

Total-interest on the public debt .......... 31,595

O their ........ ........ .. .... .. ........ 3
Proprietary receipts from the public .............. ....
Receipts from off-budget Federal entities ......... -492
Intrabudgetary transactions ....... ........ .. 2,408

Total-Department of the Treasury ................ 32,520

Environmental Protection Agency:
Salaries and expenses .......... .... 50
Research and development .................. 19
Abatement, control, and compliance ............. 77
Construction grants ............. ........ .... 231
Hazardous substance superfund ................... 102
O their ........... ..... .. .. ..... ....... 2
Proprietary receipts from the public ......... ..
Intrabudgetary transactions .....................

Total-Environmental Protection Agency ........... 481

General Services Administration:
Real property activities ...... ...... ........ 211
Personal property activities .. .. ..... ..... -10
Information Resources Management Service ........... 26
Federal property resources activities .................. 22
General activities .................. .. .. 16
Proprietary receipts from the public .......... .. ..
O th er ........ .. ... .. ....... .. ....

Total-General Services Administration ............ 266

National Aeronautics and Space Administration:
Research and development ............ ... .... 266
Space flight, control, and data communications .......... 435
Construction of facilities .......... .... ....... 12
Research and program management ................ 150
O their ....... .. ... .... ... .. ....
Total-National Aeronautics and Space
Administration ................................ 863

Office of Personnel Management:
Government payment for annuitants, employees
health benefits .... ... ... 196
Payment to civil service retirement and disability fund .... (")
Civil service retirement and disability fund ............. 2,391
Employees health benefits fund .. ............. 772
Employees life insurance fund .................... 87
Retired employees health benefits fund .. ..... 1
Other ........... .. ........... -35
Intrabudgetary transactions:
Civil service retirement and disability fund:
General fund contributions .... .... .... ..... (")
Other ............ .. .... ...... -3

Total-Office of Personnel Management ............ 3,409


... $5 $68 .. $68 $67 ...... $67
131 1,296 .. 1,296 1,039 ...... 1,039
115 1,355 .. 1,355 1,181 ..... 1,181
S. 116 1,070 ...... 1,070 878 ... 878
...... 231 2,752 ...... 2,752 1,371 ...... 1,371
116 1,177 ...... 1,177 1,340 ...... 1,340
$1 ("*) 6 $4 2 3 $3 1

1 714 7,724 4 7,720 5,879 3 5,877

.... 30 280 .... 280 236 .. 236
1 15 168 107 60 138 109 29

13,908 126,082 ...... 126,082 117,160 ...... 117,160
.. 17,687 43,023 .... 43,023 36,314 ...... 36,314

31,595 169,105 .... 169,105 153,474 .. .. 153,474

3 25 ...... 25 92 ...... 92
231 -231 ..... 2,325 -2,325 ...... 2,387 -2,387
.... -492 -916 .... -916 -685 ...... -685
...... -2,408 -14,520 ...... -14,520 -14,409 ..... -14,409

2,307 30,213 175,278 13,900 161,378 155,149 12,135 143,014


50 584 .. .. 584 515 ...... 515
..... 19 153 .. 153 155 ... 155
.... 77 436 .... 436 425 ...... 425
231 1,874 .. 1,874 2,190 ..... 2,190
102 615 ... 615 358 ...... 358
(") 2 140 (") 139 654 1 654
3 -3 ... 33 -33 .... 14 -14
...... -125 ...... -125 -650 .. -650

3 478 3,677 33 3,643 3,648 14 3,634


.... 211 -264 ...... -264 -123 6 -130
... -10 170 ..... 170 119 ...... 119
... 26 -91 ...... -91 -46 -46
... 22 16 ... 16 -9 -9
16 106 .. 106 91 91
3 -3 ... 82 -82 49 -49
-14 14 ... -4 4 ..... -18 18

-11 277 -63 78 -142 31 37 -6


..... 266 2,160 .. 2,160 1,671 1,671
..... 435 3,523 ... .. 3,523 2,735 2,735
.. 12 117 .... 117 113 .... 113
.. 150 1,240 .. 1,240 1,058 .. 1,058



...... 863 7,040 ...... 7,040 5,578 ..... 5,578


824
92
1


196 1,542 .. 1,542 1,170 ...
(* ) 1 .. 1 1 ..
2,391 21,049 ..... 21,049 19,002 .
-52 6,468 6,585 -117 5,383 5.265
-5 778 1,330 -552 727 1,242
(*) 9 9 1 10 8
-35 67 .. 67 83 ...


1,170
1
19,002
119
-515
2
83


(") 1 -1 -1 .... -1
.. 3 -25 ...... -25 -24 -24

917 2,492 29,888 7,923 21,965 26,352 6,515 19,837


Table continued on next page.







Table 5. Outlays of the U.S. Government, June 1988 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 ..... ..... ...
Disaster loan fund ........ ....... ... ...
O their .. ....... ...... ... .. .. ........
O their ...... ..... .. ... ............

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

Veterans Administration:
Public enterprise funds:
Loan guaranty revolving fund ......... .... .. .
Direct loan revolving fund .... .... .. .......
Other ....... ....... .. ....... .. .
Compensation and pensions .................. .. .
Readjustment benefits ...... ...... ..........
Medical care ...... .... .... ..
Medical and prosthetic research ........... .. ....
General operating expenses ......... .... ......
Construction projects ................... ... .......
Post-Vietnam era veterans education account ..........
Insurance funds:
National service life ........... .. .. ..........
United States government life ........ ........
Veterans special life ........ .. .... ..... .....
Other ................ ........ .. ..... ....
Proprietary receipts from the public:
National service life ............ .........
United States government life ................ .
Other .. .............. ........... ......
Intrabudgetary transactions ..... .........


$59 $97 -$38 $726 $694 $32 $1,141 $1,109 $31
18 47 -29 262 515 -253 332 587 -255
3 2 1 34 12 21 24 10 14
21 ...... 21 234 ...... 234 210 .. 210

101 146 -45 1,255 1,221 34 1,706 1,706 (**)



239 310 -72 2,130 1,377 753 1,662 1,389 272
1 4 -3 12 30 -18 14 39 -24
31 57 -26 360 379 -20 356 397 -41
1,243 ..... 1,243 11,045 ...... 11,045 10,830 .. .... 10,830
69 ... 69 594 .... 594 658 ..... 658
783 ...... 783 7,623 ...... 7,623 7,155 ...... 7,155
17 .. 17 145 ...... 145 144 ...... 144
49 49 606 606 550 ...... 550
62 .. .. 62 471 ...... 471 396 ...... 396
24 ..... 24 251 ..... 251 228 .. 228

91 ... 91 827 .. 827 776 ...... 776
4 ...... 4 29 ...... 29 30 ..... 30
6 59 -53 64 148 -84 58 141 -83
16 ...... 16 89 ...... 89 65 ...... 65

36 -36 318 -318 333 -333
. .. ( ) (* ) ..... (" ) ( *) ... (**) ( *)
40 -40 .... 325 -325 ..... 285 -285
(*) ...... (**) -131 ..... -131 -77 .. .... -77


Total-Veterans Administration ................... 2,636 506 2,130 24,115 2,579 21,536 22,846 2,584 20,262


Independent agencies:
Action........................... .... .. ..
Board for International Broadcasting .. ..
Corporation for Public Broadcasting ...................
District of Columbia:
Federal payment ...... .... .... ..... .....
Proprietary receipts from the public ..................
Equal Employment Opportunity Commission ............
Export-Import Bank of the United States ...............
Federal Communications Commission ....... ..
Federal Deposit Insurance Corporation .. ....... .
Federal Emergency Management Agency:
Public Enterprise Funds .......... .........
Disaster Relief .................. ................
Salaries and expenses ........... .. .. .
Emergency management and planning assistance......
Emergency food distribution and shelter program ....
Federal Home Loan Bank Board:
Public enterprise funds:
Federal Home Loan Bank Board revolving fund ......
Federal Savings and Loan Insurance Corp. fund ....
Federal Retirement Thrift Investment Board .............
Federal Trade Commission .. ..... ........ ..
Intragovernmental agencies:
Appalachian Regional Commission ............
Washington Metropolitan Area Transit Authority ......
O their ................. ............. .. .
Interstate Commerce Commission ..... ....... .
Legal Services Corporation ................. ......
National Archives and Records Administration .........
National Credit Union Administration:
Credit union share insurance fund ... .. .... .....
Central liquidity facility ......... ........
Other ................ ... .............. ...


16
23


17
413
7
741

9
10
9 .
31 .
12


16 113
23 146
214


113 113
146 128
214 200


.. 542 ...... 542 459 ... 459
.... 30 -30 ...... 203 -293
17 140 ...... 140 116 .. 116
172 41 1,620 2,437 -817 1,966 3,259 -1,292
3 4 76 18 58 67 4 63
)33 -193 10,834 8,496 2,338 7,361 7,854 -493

36 -27 142 259 -116 154 289 -135
10 159 ...... 159 169 .... 169
9 108 ...... 108 92 ...... 92
31 227 ..... 227 212 ...... 212
12 104 ...... 104 90 ...... 90


6 6 -1 45 44 1 27 38 -11
2,246 514 1,731 7.342 5,778 1,564 6,653 1,746 4,907
4 99 -95 23 747 -725 3 130 -127
5 .. 5 51 ...... 51 49 49


(*") 11 117 1
23 49 .. .
(") 2 ("*)
3 32 ...
25 231 ..
7 77 ..


23 33
-9 8
6 (")


115 108
49 52
2 2
32 33
231 232
77 68


10 276 291 -15 181 187
17 94 284 -190 54 203
6 -7 1 -8 -5 1


Table continued on next page.








Table 5. Outlays of the U.S. Government, June 1988 and Other Periods (in millions)-Continued

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


Independent agencies:-Contlnued
National Foundation on the Arts and the Humanities:
National Endowment for the Arts ... ........
National Endowment for the Humanities .. .....
Institute of Museum Services ... ..... .
National Labor Relations Board .. .......
National Scieice Foundation ........ .....
Nuclear Regulatory Commission .................
Panama Canal Commission ........... ...
Postal Service:
Public Enterprise Funds ... .. ..... .. ..
Payment to the Postal Service Fund .... ......

Railroad Retirement Board:
Federal windfall subsidy ........ ... .......
Federal payments to the railroad retirement accounts ...
Payment to railroad unemployment insurance trust fund.
Milwaukee railroad restructuring, administration ........
Railroad retirement accounts:
Social Security Equivalent Benefit Account.....
Benefits payments and claims .... ..
Advances to the railroad retirement account from the
FOASI trust fund ..... ........ ...
Advances to the railroad retirement account from the
FD I trust fund .... .. ..............
Disbursements for the payment of FOASI benefits ....
Disbursements for the payment of FDI benefits ......
Administrative expenses ............... .
Interest on refunds of taxes .... ..
O their ...... ...... ...
Intrabudgetary Transactions:
Railroad retirement account:
Payments from other funds to railroad retirement
trust funds .. ...... .......... ...........
Interest on advances to railroad accounts .. .
Repayment of advances by railroad retirement board .
Federal payments to the railroad social security
equivalent benefit account ............ ... .
Federal payments to the rail industry pension fund ...

Total-Railroad Retirement Board ... ...

Securities and Exchange Commission .... ..
Smithsonian Institution .. ..........
Tennessee Valley Authority ........... ..
United States Information Agency .. .. ....... .
Other independent agencies .... ...

Total-Independent agencies.....................

Undistributed offsetting receipts:
O their Interest ..... ....... ....
Employer share, employee retirement:
Legislative Branch:
United States Tax Court:
Tax court judges survivors annuity fund ..........
The Judiciary:
Judicial survivors annuity fund .. ....
Department of Defense-Civil:
Military retirement fund .. .. .
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. ...........
Department of State:
Foreign Service retirement and disability fund .. ...
Office of Personnel Management:
Civil Service retirement and disability fund .........
Independent Agencies:
Federal Retirement Thrift Investment Board:
Thrift Savings fund ....

Subtotal

Table continued on next page.


$14
11
(")
9
156
28
-11

42,518


$115
91
16
101
1,170
310
169

24,589
388


$2,510


28
(' *)



327
205

-69

-4
69
3
4
. (")
S (*")


-2,851
-10


228


-2,070

9
28
462
89
42

4,920


269
(")
4

4,787


$113

24,390


266
278
-1
(")

2,880
1.852

-600

-31
602
31
45
24
1


-2,851 -2,851
-10 -10


228 191
..... -240

2,070 2,436

9 95
28 194
193 4,592
89 638
39 527

134 58,187


$115
91
16
101
1,170
310
57

199
388


... 266
. ..... 278
. 1
...... (* ")

. ..... 2,880
1,852

-600

-31
602
. .. 31
. ..... 45
.... 24
. 1


$104
92
15
97
1,070
292
351

23,500
488


$331

23,920


281 281


281
189

2

2,874
1,705

-565

-34
564
32
41
("*)
1


281
189

2

2,874
1,705

-565

-34
564
32
41
(**)
1


2.851 -2,614
-10 -7


3,840
(")
30

46,759


191
-240

2.436

95
194
752
638
497

11,429


138
-89

2,518

82
177
4,608
586
471

53,036


3.779
1
36

42,073


138
-89

2,518

82
177
830
586
435

10,964


...... ( ) (") .. 1 -1 902 -902



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

1 1

-1,536 ..... -1,536 -13,707 ...... -13,707 -13,644 .. 13,644


-319 .. -319 -2,735 .... -2,735 -2,181 -2,181

-31 ..... -31 -262 .. -262 -210 -210
-156 .. -156 -1,327 .... -1,327 -1,290 1,290

-7 ... -7 -48 .. -48 -39 39

-504 ... -504 -4,981 .. -4,981 -4.339 .-4,339


-40 .. -40 -276 .. -276 -82 82

-2,594 -2,594 -23,337 ... -23,337 -21,786 -21,786


-


~






Table 5. Outlays of the U.S. Government, June 1988 and Other Periods (in millions)-Continued


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

Gross Applicable Outa Gross Applicable Outla Gross Applicable Out
Outlays Receipts s Outlays Receipts ys Outlays Receipts Oays


Undistributed offsetting recelpts:-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
(OFF-BUDGET) ...................... .......
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:
Other ................... ................. .
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 ....................
Other ................. ...................

Subtotal ....... ... ............. .......

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

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

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

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

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

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

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

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


(**)
$12
-3
("*)


-3,495

-305
-2,668
-351

1181

-183

-432
-511

(")
(")

-8,652

-8
-487


-13

16
-3

-18,265

-27



-20,886

105,346

88,162

17,184


..... ( *" )
... $12
.. 3
...... (* *)


..... -3,495

...... 305
.... -2,668
. ..... -351

.. .. 1,181

... .. -183

... .. -432
...... 511

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

..... -8,652

... -8
... .. -487


...... 13

...... -16
-3

.. -18,265

...... 27
$657 -657


658

15,489

15,489

(*")


21,544

89,856

72,673

17,184

* 9.492

*5,113

S4.379


-6,585

-640
-5,082
-776

- 2,304

-357

-883
-1,131

('')
-2

17,252

-16
-977


-83

-441
-49

41,004

-20


-64,360

923,220

772,668

150,553


... .. -6,585

... .. -640
-5,082
-776

2304

-357

-883
-1,131

...... (" )
-2

-17,252

... .. 16
-977


-83

-441
.. -49

.... 41,004

.... 20
$2,877 -2,877


2,878

124,099

124,099

(")


-67,238

799,122

648,569

150,553

117.997

148.545

S30.548


MEMORANDUM

Receipts offset against outlays (In millions)

Current
Fiscal Year Comparable Period
to Date Prior Fiscal Year

Proprietary receipts ............................. ... ....... $25,748 $26,492
Receipts from off-budget Federal entities .. ..... ..... 916 685
Intrabudgetary transactions ................................... 118,005 105.861

Total receipts offset against outlays .. ......... .. 144.669 133,038

'Includes prior month adjustment.
2Includes FICA and SECA tax credits, non-contributary military service credits, special benefits for the aged, and credit for unnegotiated OASI benefit checks
3Includes $225 million of estimated earned income credit payments in excess of tax liability.
4The Postal Service figure represents reporting for the full calendar month of June and is partially estimated. This estimate includes $1.016 million for postal money orders between June 4th and 301h
. No transactions
(*) Less than $500,000.
Note: Details may not add to totals due to rounding.
Source: Financial Management Service, Department of the Treasury.


Classification


-$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



-56,135

870,504

725,834

144,669


-$7

-24
-3,121
-13
-6


-4,393

-776
3,944
-978

-1,906

-313

-869
1,221

(")
(")

15,440

-18
-942


$3,261


$3,261
1,875

6,038

112,845

112,812

33


-4

-331
-44

-34,350

1
-3,261
-1,875

-62,173

757,658

613,022

144,636

120.362

137.427

- 17.065


I


I


-


i








Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government, June 1988 and Other Periods
(in millions)

Net Transactions Account Balances
Assets and Liabildenotes net reduction of either Current Fiscal Year
Assets and Li bilitoes liability or asset accounts
Directly Related to _____________
Budget and Off-budget Activity
Budget and Off-budget Actty Fiscal Year to Date Beginning of
This Month This oth
This Year Prior Year This Year This Month


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 .. ........

Premium & discount on public debt securities...

Total borrowing from the public less premium & discount ..

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

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

Asset accounts (deduct)
Cash and monetary assets:
U.S. Treasury operating cash:'
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 (+) or assets ( -) ...... ... ... ........ .

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 (-) ............


$27,720
155


$197,379 $183,992 $2,335,277 $2,504,936 $2,532,656
S.. .. ... 15,000 14,845 15,000


27,875 197,379 183,992 2,350,277 2,519,781 2,547,656


719 2,502 507 4,929 6,711 7,430

28,594 199,880 184,499 2,355,206 2.526,492 2,555,086



17,203 76,527 55,244 458,172 517,495 534,698

11.391 123,354 129,255 1,897,034 2,008,997 2,020,388

-307 -2,561 195 -9,702 -11,955 -12,263

11,084 120,793 129,450 1,887,332 1,997,041 2,008,125

6,110 -448 -777 31,712 25,154 31,264
-266 152 317 6,270 6,687 6,421
-91 320 -1,765 9,104 9,515 9,424
-6,569 -5,010 -3,203 13,633 15.192 8,623

10,268 115,807 124,021 1,948,051 2,053,590 2,063,858




6,891 642 6,260 9.120 2,871 9.762
13,747 2,526 2,428 27,316 16,095 29,842

20,638 3,168 8,688 36,436 18,966 39,604


-363 102 561 9,078 9,543 9,180
.................. -5,018 -5,018 5,018

-363 102 561 4,060 4,525 4,162



.... 19,699 19,699 19,699
-972 555 1,158 3.230 4,756 3,785
-942 -1,736 -1,972 -12,855 -13.649 -14,591
138 4 2 -66 -201 -63
1.372 524 606 257 -592 781

-402 -654 -207 10,265 10,013 9,611

-36 -269 -320 642 409 373
-631 -3,287 -2,602 9,408 6,752 6,121

19,207 -940 6,119 60,811 40,664 59.871

599 -850 -2,084 5,714 4,265 4,864

19,805 -1,790 4,035 66,525 44,930 64,735

-9,537 +117,597 +119,986 +1,881,526 2,008,660 + 1,999,123


46 400 376 ... 355 400


9,492 +117,997 +120,362 +1,881,526


+2,009,015 + 1,999,523


'Major sources of information used to determine Treasury's operating cash include the Daily Balance Wires from Federal Reserve Banks, ~so '.r.,, !,,m the Bureau of Publc Debt. electronic
transfers through the Treasury Financial Communications System and reconciling wires from Internal Revenue Service Centers Operating cash .5 c..' :F,-.e. on a modified cash basis, deposits are
reflected, as received, and withdrawals are reflected as processed
No transactions
Note Details may not add because of rounding
Source Financial Management Service. Department ot the Treasury


1






Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, June 1988 and
Other Periods (in millions)


Fiscal Year to Date
This Month
This Year Prior Year


Excess of liabilities beginning of period:
Based on co.rrnp.ost.cn jof un,.ild oudgeql n pre,:d.rng period
Adjusiments during Current rscal ,ear loi changes ,r.
compost.lor. uornite, buagei
Clasil,.cai.on of FDIC e>curil'es a3s tcudgelary irarns,.iA.ur.,
CI4s5,l,.a ionr, .1 F 'LIC ;ec:ur'ite' as 5 bu get.ar' trar,;acnr,on

Excess ol i,awblle= t.eg.r.n.ng of per.od iCu uent a4S.si
Budgel surplus I I o0 de1l.Cl
Basea on .:ompi:.,.on 'i. unr.etd budget .n pIooi fiscal Iar
Cnanges r,n comrnpotil:..r. o unf.f.eJ Duagei

Total supius i I *:*r de1 ,o iTaDie 21

Totai-on-budgotr iTat,be 21

Total-ott-.oudael ITaile 21

Transactions not applied to current t fear Suipilus or delcti
Seagniorage
Increment on Gold
Proceeds from currency
Piofit on sale oI gold
Net gain I illoSs lor IMF loan a.alual,,'n aiusimeni

TOlal-irarSactons not appil, 10to Current teaSr
Surplus or ieosict


Excess of liabilities close of period


$2 008 660 11 880 6606 1 732 827


442
920

2 008 660 1 881 526 1 7332'0

9 492 11" 997 120 362


9 492 11 997 120 362

5 113 148 545 137 427

4 379 30 548 17 065


43 350 344


8
3 51 24


46 400 376

1.999.123 1.999.123 1.853.256


Table 6. Schedule B-Securities issued by Federal Agencies Under Special Financing Authorities, June 1988 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 Close of
This Year Prior Year This Year This Month This month


Agency securities, Issued under special financing authorities:
Obligations of the United States, issued by:
Export-import Bank of the United States ... .... .. ....... .. .. ........ -$6 (") (") ('*)
Federal Deposit Insurance Corporation ........... ....... -$6 $808 -99 $200 $1,013 $1,008
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation ............... 714 2,892 1,022 920 3,097 3,811
Obligations guaranteed by the United States, issued by:
Department of Defense:
Family housing mortgages . .. ... (**) -4 -17 15 11 1
Department of Housing and Urban Development:
Federal Housing Administration .. ........................... 11 62 52 178 105 116
Department of the Interior:
Bureau of Land Management .. -2 13 13 13
Department of Transportation:
Coast Guard:
Family housing mortgages . . (") (" ) (")
Obligations not guaranteed by the United States, issued by:
Department of Defense:
Homeowners assistance mortgages ... ... ... ........ 1 4 2 7 10 11
Department of Housing and Urban Development:
Government National Mortgage Association ... .. ... -1,135 -200 1,965 830 830
Independent agencies:
Postal Service .......... .. ...... ..... .......... ......... 250 250 250
Tennessee Valley Authority . . -245 1,380 1,380 1,380

Total agency securities ................................. 719 2,502 507 4,929 6,711 7,430

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


Classification







Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Public Debt Securities,
June 1988 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 ....
Ocean Freight .... ........ .....


$5 $13 $8 $20 $28 $33
-465 -8,796 -2,297 20,969 12,638 12,173


10
-6.195


97
140,952


90 360 45 1,596
50 38 23 1,935


. . .



...... 215
580



1- 680


-1,005
-1,274
-30


-944


40 133


189


-770
1,330
-155





175


50
25
7,865
759

5,981
10,756
2,896
113

2,049


1,844


325 550 5,901
600 410 .........


-2,111 -513 1,703


9 -14
95 355
1


252
2.128
2,144


102
134,980

1,866
1,923

50
25
7,865
759

4,761
8,902
2,866
113

1,785


1,937

6,226
600


252
2,128
3,742


107
134,757

1,956
1,973

50
25
7,865
759

4,976
9,482
2,866
113

1,105


1,977

6,226
600


252
2,128
1,631


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


-2,429 -17,196 1,014 210,803 196,036 193,607


1 10
420 450


... .... ..... ... 128


128


. ... .. -22


20 20
150 150


19


-2,429 -17,196


1,014 210,803 196,036


193,607






Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Public Debt Securities,
June 1988 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 Energy ................................. .......
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 ........ .. ................ .
Washington Metropolitan Transit Authority ................... .....

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


-$49 -$625
.. 1

-13 -2,163

-175
.. -2,180
-2.980
-29


-37
9 -25

......... 1

(") -7

-3 -8

141

-17 -81

-262 -1,237
-10 -15
1,238
194 717


-153 -7,418


$137 $19,164
-1 1

43 25,438

-175 28,010
150 8,048
-150 28,951
40 1,788

4,940


-13 192

-37 2,074
28 355

-1 60

-5 55

-7 395

-79 809

-116 1,662

-859 12,463
-6 111
614 4,353
1,083 18,210
177

647 157,258


'Pursuant to Section 761(a) of the College Housing Act, $686 million was written off for loan discounts occurring during or prior to fiscal year 1988; the reductions were effective September 30, 1987
Note: Corrections have been made to the transactions and account balances throughout the "Borrowing from the Treasury" portion of this table.
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 due to rounding.
Source: Financial Management Service, Department of the Treasury.
.. No transactions.
(") Less than $500,000.


$18,589


23,289

27,835
5,868
25,971
1,759

4,940
50

192

2,037
321

59

49

391

949

1,598

11,488
107
5,592
18.733
177

149,994


$18,539


23.275

27,835
5,868
25,971
1,759

4,940
50

192

2,037
330

59

48

387

949

1,581

11,226
96
5,592
18,927
177

149,841







Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, June 1988 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 ...........................
O their ...................... ...... ... ..... ....
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 ....... ...... ....
Other .......... .. ... ....... ........... .. ...
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 ................... .

Department of Agriculture .. ..... ......

Department of Commerce .................
Department of Defense-Military .. ........... .............
Department of Defense-Civil ... .............................
O their ........ ........ ... ..
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.


.$2 $3 $6 $8
(") 3 1 15 18
-$9 165 73 1,506 1,680
-3 -10 6 12 5


50 -433 985 6,482
-84 (") 134


198


13


(**)
112 -294
-16 281

2 13

204 2,335

25 21


-164

128

1,223
-55
1,001
215
157
4,022
-164

3,858


249
-2

182
8

-124




(")
2,772
-49

16

2,499

25


430

108

3,907
(")
1,015
155
36
1,070
6

1,064


71
72

1,522
17

2,164
12




1,249
479

160

2,945

627


443

196

826
55
4,588
1,561
1,242
26,098
290

26,388


5,998
50


146
65

1,655
11

1,122




(**)
1,067
777

172

5,484

624


592

300

3,269

5,166
1,764
1,366
31,214
126

31,340


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


8


('*)
-66
18


4,261

303

4,066

612
('")


6

20

(**)
(".)

11,181
181


30,331

335

13,075
-175
1,511
1


3

34

(")
--1
9,603
213


18,134

-325

10,046
-50
-1,794
-35


119 125

14 25

(")
8 8
30,637 41,885
769 932


58,356

7,193

50,374
405
6.166
5


84,426

7,225

59,383
230
7,065
6


$8
18
1,671
2



6,049
50


344
65

1,668
11

1,124




(")
955
761

174

5,281

648


279

324

2,050

5,589
1,776
1,399
30,120
126

30,246


125

33

(")
8
41,819
950


88,687

7,528

63.449
230
7,677
6






Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, June 1988 and Other Periods
(in millions)-Continued

Net Purchases or Sales () Securities Held as investments
Net Purchases or Sales (- curn Fca Ye
Current Fiscal Year
Classification Fiscal Year to Date Beginning of
This Month Close of
This Year Prior Year This Year This Month T


Trust funds:-Continued
Department of the Interior ................... ............... -$122 -$48 $79 $212 $286 $164
Department of Labor:
Unemployment trust fund .............. ... ..... .... .... 32 5,867 4,043 27,917 33,752 33,785
Other ........................................... -3 -18 -12 33 18 15
Department of State:
Foreign service retirement and disability fund .................. 159 294 376 3,474 3,609 3,767
Other .................................. ............ .. ......... (") (**) (**)
Department of Transportation:
Airport and airway trust fund ........ ..................... 500 1,119 1,298 9,937 10,556 11,056
Highway trust fund ....... ................................... 215 1,947 2,659 12,691 14,423 14,638
Other .................................................... 18 51 15 363 396 415
Department of the Treasury ................... ................ -9 -44 -21 134 99 90
Environmental Protection Agency ............................... 143 596 137 737 1,190 1,333
Office of Personnel Management:
Civil service retirement and disability fund:
Public debt securities ............ .............. ... 7,261 4,900 9,487 176,748 174,387 181,648
Agency securities ............................ ..... .. ..... .. ..... -175 ......... 175 ......
Employees health benefits fund ................ ................ 52 122 -120 1,208 1,278 1,330
Employees life insurance fund ................... .............. .5 577 515 8,078 8,650 8,655
Retired employees health benefits fund ............ .. ....... 1 -2 2 2 2
Veterans Administration:
Government life insurance fund ......... ........ ..... 2 -14 -14 222 206 208
National service life insurance:
Public debt securities ....... ......... .......... .... 415 489 477 9,990 10,065 10,479
Agency securities ............. .................... .. .. ... -35 ......... 135 100 100
Veterans special life insurance fund ...................... 51 82 80 1,093 1,124 1,175
General Post Fund National Homes ................ .......... ....... 1 1 21 22 22
Independent agencies:
Federal Deposit Insurance Corporation ............... ....... 151 -1,530 409 17,040 15,359 15,510
Federal Emergency Management Agency ................... .. ... ...... (**) (**) 1 1 1
Harry S. Truman Memorial Scholarship Trust Fund ................ (**) 3 1 45 48 47
Japan-United States Friendship Commission .................... .(*) 1 1 17 19 19
Federal Retirement Thrift Investment Board ...................... 138 1,117 390 727 1,707 1,844
Railroad Retirement Board .................. ................. 86 882 636 6,688 7,484 7,570
Other ............. .. ...................... .. 1 16 43 47 62 63

Total public debt securities ................... ............ 18,297 73.053 56,358 431,069 485,825 504,122
Total agency securities ............... .................. ...... -385 -50 715 330 330

Total trust funds ...................................... 18,297 72,668 56,308 431,784 486,155 504,452

Grand total ................................ ............. 17,203 76,527 55,244 458,172 517,495 534,698

.. 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 1988 (in millions)


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


Receipts
Individual income laxes
Corporation income laxes
Social insurance Itaes and
COntriDutionS
Employment taxes and
conlr.bulions
Unemployment insurance
Other rel.rement contributions
E xcse taxes
Estate and gnr taxes
Customs dulnes
Miscellaneous receipts

Total-budget receipts this year

(On-budgel).. .

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

Trial hl.d e't rt',elpli prior &irar



If lr nt.h feei I

Outlays
Legsilalive Branch
The Jud.ciary
Execulie Of.ce of Ine President
Funds Approprraea eo Ihe President
Inlernalonal security assistance
Internal.onal development assistance
Orner
DepDarment of Agricullure
Foreign assistance. special export
programs and Commodity Credit
Corporalion
Other
Deparlmeni of Commerce
Department of Defense
Military
Department of the Army
Department of the Navy
Department of the Ar Force
Defense agencies

Total Military


Deparlmearl o Education
Department ol Energy
D.parlmeni of Healln and Human
Ser.ices except Social Security
Public Healln Service
Health Care Financing
Adm.nlstral.on
Grants to States for Medicaid
Frderal riospllai ins trust fund
Federal supp mea ins trust
funa
Onier
Social Securily Administration
Family Support Administration
Human Deve.Iipment Serice
Other
Deparlmen t or Halln and Human
Ser.,c.s Soc.al Securilt
Federal old age and sur.ivors ins
IruSt tund
Federal di.a5Dil.1 ins trust
funa
ilr.-rh


132 429 125 039 $36 537 $43 98' $25 651 $20 637 $53 334 $17 958 $46 234
1.855 1 667 1l'-48 3630 975 12.706 12026 1.613 18.347


20 791
956
431
2551
608
I 340
1 392


20 725
2667
364
2.848
617
1 253
1 807


22 735
170
457
3832
540
1 367
2.141


26 920
883
360
2.371
531
1 217
1 893


25 739
2.399
362
2.199
566
1 301
1.164


25 141
179
356
2885
622
1 444
1 760


34 464
2.477
417
2.767
749
1.204
1 886


24.948
8.073
375
3.055
751
1.282
1 657


27.200
352
415
3.136
644
1.430
1 590


$301 807 1$293 987
70 568 59 496


228 662
18.156
3535
25643
5628
11 838
15289


206 919
18 363
3 576
24 082
5.647
10979
14 247


62.354 56,987 85.525 81.791 60.355 65,730 109.323 59.711 99.348 681.124

45.992 40.630 67.645 60.645 40.610 44,958 81,993 39.764 77.786 500.024

16.362 16,357 17.880 21.146 19,745 20.772 27.330 19.947 21.562 181.100

il 012 52.9.'I" "-., 1 "I 5.46. 5-,.j1. 122,89" 4'.691 62,945 .*..'."29-

43.'w. 38.l ,1 60.69j 0-2 9i. 3 .'i./y lSJ69 99.083 3O.205 64.222 J' v6

15 14' 14..5i9 I ". 1 '91 1 '/ / 44 1,04J 23.3 4 1 '486 18. '2 161. 01



157 124 182 143 174 141 195 142 130 1 387 1 265
83 85 90 85 86 222 90 151 92 984 865
8 15 8 11 9 8 13 10 9 93 83

871 584 647 255 501 704 459 600 524 5 146 5508
464 121 91 371 184 93 386 134 172 2016 1.917
-82 -523 -416 425 2 -144 517 -25 136 -111 764



5115 3283 1 543 2495 426 995 900 304 -509 14 553 19 181
2530 1 911 2.263 1.933 216 3363 3549 3338 3.061 22 165 22.161
153 179 243 194 139 206 181 192 213 1 701 1 674


7423 5.356 7.990 5084 6487 6814 7 336 5.471 6.908 58869 55560
8 506 7 183 9283 6673 7.307 8.592 9.161 6 728 8301 71 734 68536
8.060 7.015 9.172 6 194 7.783 8.627 8525 6628 8.096 70 099 67 914
1 285 1.105 1 911 1 276 1 489 1.691 1.100 1.444 1.268 12570 13344

25274 20.660 28.356 19227 23066 25.724 26122 20.271 24572 213.272 205354


970


2444
4 119

3022
1.775
2.640
950
413
-2 324



15.507

1 895
-824


909


2619
3926

2613
1 778
186
1 263
434
-2 339



15 447

I 731
36


914


2 020
4 479

2 856
4 244
2023
817
430
-5 447



31 907

3 423
60


605


617


8641 981


-395 -3 1891 -3 1331 -3.857 -3 117


16258

1 864
191


16 654

1.863
- 122


16.434

1.920
- 2.026


16.411

1.856
- 137


3259


19 634

1 948
-249


16 391
14 006
865'


22 540
39 573

25 810
20 726
13 925
10 260
4 379
2' 060



148 621

16 '85
4 630


15359
13 130
8221


20 46'
38 672

22 630
16 043
13.018
10425
4 137
-20 740



140 490

15 83
4 168


Table continued on next page.






Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 1988 (in millions)-Continued


Classification




Outlays-Continued
Department io Hrou.inc and UrD3n
Development
Departrmenr t I. ,he Ir.ernF:i r
Department ,_- .lusi.l
Department ,f" Lanor
Unemploymlnt ru t lurn.
Othe-
Departrriert .:.i State
Departmim.-r I Tr.3rporlai.on
H.grnsa, IrusTi unre
Othe-
Departrrnni i :1 trn Tr-asury
Interest on mre rp jubDi. de
Othe-
Envirormner.al Prote:ltjon Ager.c,
General Ser.,ice Amrrn mlaior.
National Aeronault.s and Space
Administration
Office of Prrsornnei ManaLerrentI
Small Bua.ness Adm.ni.sralion
Veterans Aam.ir.siraton
Compensatior, and pensions
National service ile
Government ser..ce Sle
Other
Independent agencies
Postal Ser..ce
Tennessee Valley AuihOril'y
Othe- independent agencies
UndistrDOuted otsetinag rece.pls
Employer snare ermploiee
retirement
Interest rece..ed D0 Irull iunds
Rents and ro,ail ie on Ouler
Conl.nenial Snell lan.s
Othe-

Totals this year-
Total outlays

(On-budgel)

(Off-budget)

Total-surplus I I or deficit (

(On-budget)

(Off-budget)

Totab-L',ti.ia r,.. a'' jr


(Of,',ii..,
(0)' *bi1k,'

Total-- itrtl ,. r .* '
prior -,r

(On huije., r

(Oj'T~~ r.,rt.t


I 96.2
192
5Q2
39?

1 012
-95
302

1 2"6
1 024

14 115
2 318
393
-544

936
2 400
241

2 352
52
3
1 232

355
138
828


$1 421
406
340

1 122
'd4
280

1 149
1 039

16623
711
403
294

7'2
2 193
-34

44
45
3
802

149
97
2 223


2551
-2 116

440


$1 900
439
529

1 450
447
4'93

1 246
954

30 355
1 271
415
299

843
2 324
-45

2 342
51
3
1 374

85
104
263


--2 536
16 654

-234
5


51 361
408
407

1 468
582
159

837
1 03'

14 674
773
391
452

622
2 554
-45

44
62
3
1 102

439
289
1 774


$1 396
336
431

1 780
395
212


1 016

15043
141
389
93

606
2 392


1 192
47
2
917

-233
145
101


-2 40
-413

466


March


lt 6-s%
341












iji
843






1-'5

80:4;

29








-4
2 '0,


I I I I I 1 7


April







li 698







800
31 4








4.31
SII
-






















18'
39i'
31













31


5
93


4051




140
2 I
2 886

- 58a
41


May June











i 1 1 1 06







i 4 I -I
---. 2 ;


1 69







';6 i 38





2 4


I55




8
19:1



2 59-1
16 2.65

65'
28


Fiscal Com-
Year parable
Sept. To Period
Date Prior
Date F
F.Y.






i -



'-3
i i ; 17 j V 3:ti
4 1 1 .





I-' 4 ,1 .1 1
0: 1 1 4 41.,
3 3 6 i-







: 9i ii 1 l
Il "' 0I













8'
i 141 1 *-13




SJ., I30



-' h830




y'3 3_ I -8

4 01.0 34 35,,


I 2 1 _" %


93.055 83.911 109.771 65,786 84.260 94.877 95.433 82.173 89.856 799 122
4-

76.870 67,140 77.876 66.573 66,507 76.858 79.508 64.566 72.673 648.5691
I
16.185 16,770 31.896 787 17,753 18.020 15.925 17.607 17.184 150.553

-30.701 -26,924 -24,246 16.005 -23.905 -29.147 -13.890 22 462 9.492 117.997

-30.878 -26.510 10.230 -5.928 -25.897 -31.899 .2.485 24 802 5 113 148 545'

-176 -414 14,016 *21.933 +1.992 .2,752 -11405 -2 340 -4.379 -30 548


wi, f i J 1. -J. ij.w N -I


:'i 6. i .2:


/ 11 -.'v.t


- _


____ I __ __ S __ t


1 *;. I .'+ il


+ .I J021 J


t ,' ; '.? [I 1 -.1


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


i T


2!





1






1



3


- .'.': "o.'O- 1. .l. : ". I -2 t '


jI


I


--







Table 8. Trust Fund Impact on Budget Results and Investment Holdings (in millions) as of June 30, 1988


Trust receipts, outlays, and Investments held:
Airport ........................... $668 $214 $453 $3,180 $2,054 $1,126 $9,937 $10,556 $11,056
Black lung disability ............... 75 53 22 506 481 25 ..........
FDIC ............. ............ -193 193 2,338 -2,338 17,040 15,359 15,510
Federal disability insurance ............... 2,308 1,948 360 17,145 16,785 361 7,193 7,225 7,528
Federal employees life and health ........ ...... -57 57 ...... -668 668 9,287 9,929 9,986
Federal employees retirement ............. 9,805 2,414 7,391 26,363 21,262 5,101 180,516 178,121 185,541
Federal hospital insurance ............... 8,449 4,906 3,543 52,308 39,573 12,735 50,779 59,613 63,679
Federal old-age and survivors insurance .. 26,503 19,634 6,869 181,659 148,621 33,038 58,356 84,426 88,687
Federal supplementary medical insurance... 3,558 3,045 513 26,918 25,810 1,108 6,166 7,065 7,677
Highways .......................... .. .. 1,782 1,257 525 11,490 9,454 2,036 12,691 14,423 14,638
Military advances ................. ...... 1,050 823 227 6,715 6,898 -183 .....
Railroad retirement ..................... -158 536 -694 3,301 4,804 -1,503 6,688 7,484 7,570
Military retirement .............. .... 1,524 1,602 -77 28,328 14,180 14,148 30,637 41,885 41,819
Unemployment ......................... 1,552 1,287 265 20,469 12,737 7,732 27,917 33,752 33,785
Thrift savings ....... ......... ....... 152 4 149 1,108 23 1,085 727 1,707 1,844
Veterans life insurance ................. 530 42 488 1,314 772 542 11,440 11,494 11,962
All other trust ............... ........ 334 447 -112 2,739 2,837 -98 2,409 3.117 3,171

Total trust fund receipts and outlays and
Investments held from Table 6-D..... 58,136 37,962 20,175 383,545 307,961 75,585 431,784 486,155 504,452

Interfund transactions -26310 -26.310 -103.616 -103616


Trust luna receipts and outlays on the basis
of tables 4 & 5

Total federal fund receipts and outlays .

Interfund transactions

Federal fund receipts & outlays on The oasis
of table 4 & 5


Offsening propretary receipts

Net budget receipts & outlays .. ....


31 826 11 652 20.175 279930 204 345 75585

69.626 80.309 -10,683 416.704 610.286 -193.582

-31 31 -398 -398


69595 80278 10683 416306 609888 -193582


- 2074 -2074 -15111 15 111

99.348 89.856 9.492 681.124 799.122 117.997


...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 outlays. 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 1988
and Other Periods (in millions)

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


RECEIPTS
Individual income taxes ....................... .... $46,234 $301,807 $293,987
Corporation income taxes .... . 18,347 70,568 59,496
Social insurance taxes and contributions:
Employment taxes and contributions ........ ........... 27,200 228,662 206,919
Unemployment insurance ......... .... .............. 352 18,156 18,363
Other retirement contributions ................. ......... 415 3,535 3,576
Excise taxes ..... ......... .... ....... ...... 3,136 25,643 24,082
Estate and gift taxes ........... .. .... .. 644 5,628 5,647
Customs ........ .......... ... .. .......... ... 1,430 11,838 10,979
Miscellaneous ............ .. .................. 1,590 15,289 14,247

Total ................. ......................... 99,348 681,124 637,297

NET OUTLAYS
National defense ... ........... ... 25,317 219,427 211,346
International affairs ................ .. ..... 1,602 8,736 8,757
General science, space, and technology ................... 1,023 8,283 6,668
Energy. ................ .......... ... ..... 516 1,687 3,777
Natural resources and environment ...... ............ 1,458 10,604 9,601
Agriculture ................... ......... ..... 20 17,466 22,312
Commerce and housing credit .................. .. ...... 1,826 9,039 6,276
Transportation ............. .. .. .......... ........ 2,397 19,598 19,028
Community and regional development .............. .... 468 4,659 4,870
Education, training, employment and social services .......... 2,431 23,251 21,932
Health ....................... ......... ... ...... 4,119 33,176 29,750
Medicare .......... ......... ... ........ .... 7,144 58,956 56,482
Income security ......... ....... ..................... 8,203 96,877 93,371
Social security. .............. .... ....... .......... 21,090 164,490 155,646
Veterans benefits and services .............. .... 2,120 21,559 20,143
Administration of justice .... . ...... .. .. 827 6,861 5,365
General government ............ ....... ......... ..... 1,486 7,778 6,042
General purpose fiscal assistance .......... .. ......... .. ....... -30 -293
Interest .. ................... ........... ........ 11,061 112,919 103,507
Undistributed offsetting receipts ..... .......... .... .. -3,251 -26,214 -26,922

Total .......................................... 89,856 799,122 757,658


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


GPO 934-297








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
Oulia, t 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,
by subscription or single copy). Quarterly. Contains a mix of narrait.e
tables, and charts on Treasury issues, Federal financial operations, in-
ternational statistics, 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 nppenj, (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 1988 Statement
will be 2:00 p.m. EST August 19, 1988.
























For sale by the Superintendent of Documents, U.S. Government Printing
Office, Washington, D.C. 20402 (202) 783-3238. The subscription price is
$22.00 per year (domestic), $27.50 per year (foreign).
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