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

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

Subjects

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

Notes

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

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
oclc - 02520295
lccn - 97656143
issn - 0364-1007
ocm02520295
Classification:
lcc - HJ10.2 .M66
ddc - 336.73/05
System ID:
AA00010653:00071

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 August 31, 1988,
and Other AfiQ--N


Monthly Treasury Statement 7
i if z)' I 1988 1
of Receipts and Outlays of ,

the United States Government

Department of the Treasury
Financial Management Service



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Summary- |
page 2






Receipts
Outlays
by Month -
page 26
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im 1. iiniii ..ii~iii 11 iiin ,,,,*


SReceipts -
Spage 6


8..-......


Federal
t Trust Funds
SSecurities -
page 28


Outlays -
page 7






Receipts
by Source
Outlays by
Function -
page 29


Deficit
I Financing -
page 20
,


Explanatory
SNotes-
page 30

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Introduction


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

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


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


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

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

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


Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 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 84,446 27,931
April ............................. 122,897 84,000 -38,897
May ............... ............. 47,691 83,328 35,637
June ........ ................. 82,945 83,568 623
July ............ ................. 64,223 86,562 22,339
August ... ....... ....... .. 60,213 82.009 21,796
September ....... ......... 92,410 77.206 -15,204

Year-to-Date .................... 854,143 11,003,649 1149,506




FY 1988
October ................. ....... 62,354 93,164 30,810
November .. ..... ..... 56,987 84.009 27,022
December ................. ....... 85,525 109.889 24,363
January .. ..................... 81,791 65,895 -15,896
February ....................... 60,355 84,382 24,027
March ............................ 65,730 95,013 29,283
April ......................... 109,323 95,554 -13.769
May ............. ........... 59,711 82,295 22,583
June ....... ....... ... ......... 99,205 290,071 2-9,134
July .............. .......... 60,690 83,634 22,944
August ................. ......... 69,479 92,561 23.082

Year-to-date .................... ..$1$811,151 '$976,467 '$165,316






'The outlays by month tor FY 1987 have been increased by a net of $582 million to reflect reclassification of the Thrift Savings Fund receipts of $736 million and Federal Retirement Thrift Invest-
ment Board (FRTIB) administrative expenses of $154 million to a non-budgetary status. The Federal Retirement Thrift Investment Board outlays by month for 1988 have been adjusted by a net of $1.084
million. Data for fiscal years 1987 and 1988 previously reported by Treasury for Federal Savings and Loan Insurance Corporation and FRTIB have been reclassified in consultation with the Office of
Management and Budget resulting in revised totals as shown above. Historical tables in the Budget will be changed to agree with Treasury totals with the exception of a difference of $7 million for
the Small Business Administration, and the administrative expenses for the FRTIB. OMB will continue to reflect the administrative expenses for the FRTIB in budgetary totals
2The outlays for Government National Mortgage Association. Department of Hous.ng and Urban Development, have been adjusted by $209 million for June 1988 to reflect proceeds from sales
of loan assets with recourse as transactions not applied to current year's surplus o, deficit
Note: Details may not add to totals due to rounding.
Source: Financial Management Service, Department of the Treasury,






Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, August 1988 and
Other Periods (in millions)

Actual
Actual Budget Prious Budget
Current Actual Estimates Previous Estimates
Classification Month Fiscal Year Full Fiscal Fiscal Year Next Fiscal
to Date Year to Date Year (1989)1
(1987)


Total on-budget and off-budget results:
Total receipts .............. ........... $69,479 $811,151 $913,411 $761,733 $974,045

On-budget receipts ................ .......... 51,015 591,877 671,225 566,986 711,958
Off-budget receipts ...................... 18.464 219,274 242,186 194,746 262,087

Total outlays .......... .................... 92,561 976,467 1,065,759 926,443 1,096,740

On-budget outlays .................. ....... 74,756 791,293 863,303 749,253 885,877
Off-budget outlays ................... ........ .17,805 185,174 202,456 177,189 210,863

Total surplus (+) or deficit (-) ................... -23,082 -165,316 -152,348 -164,710 -122,695

On-budget surplus (+) or deficit (-) ............ -23,741 -199,416 -192,078 -182,267 -173,919
Off-budget surplus (+) or deficit (-).......... +659 +34,101 +39,730 +17,557 +51,224

Total on-budget and off-budget financing .......... 23,082 165,316 152,348 164,710 122,695

Means of financing:
By Borrowing from the public ................. 23,370 151,505 132,708 159,729 117,780
By Reduction of operating cash, increase (-) ..... 10,954 23,481 16,436 8,748 ....
By Other means ............................ -11,242 -9,671 3,204 -3,767 4,915

'Based on the Mid-Session Review of the FY 1989 Budget released by the Office of Management and Budget on July 28, 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

30 Receipts




30
S60 -

60 Deficit(- )/Surplus

90

Oct. Dec. Feb. Apr. June Aug. Oct. Dec. Feb. Apr. June Aug.
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 1-


100

80


Total Receipts


0 ::::l::l ii Other Taxes and Receipts
Oct. Dec. Feb. Apr. June Aug. Oct. Dec. Feb. Apr. June Aug.
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

STotal Out
100


Social Security & Medicare


60

Other Non Defense
40

.. .. .. .. ... .. :::::... .. .. ::..
20 ::::::::::: ona:::::I: : : : : ::tion l Defense::: .:.: .::.:....: :



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







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


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


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

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

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

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

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

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

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

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

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

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

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


$31,942
1,461

18,464
5.013
4,545
351
3,490
661
1,650
1,902


$359,397
73,527

219,274
57,828
24,299
4,240
32,382
6,916
14,831
18,456


$352,760
63,419

194,746
54,494
24,329
4,346
29,659
6,906
13,798
17,275


$405,188
93.361

242,186
63,601
24,531
4,713
34,669
7.567
17,086
20,510


69,479 811,151 761,733 913,411

51,015 591,877 566,986 671,225

18,464 219,274 194,746 242,186


149 1,691 1,662 1.942
168 1,244 1.073 1,409
18 114 102 124
621 8,799 9,337 9,429
2,221 41,239 48,860 46,907
202 2,067 2,047 2,489
23,764 260,892 252,538 277,275
1,877 20,134 18,917 22,284
1,618 16,635 15,486 18,970
978 10,348 9,914 10,853

13,921 144,693 137,099 160,573
18,241 196,205 185,425 214.052
1,681 17,372 14,177 19.457
339 4,427 4,506 5,382
455 4.998 3,838 5,159
2,104 20,408 22,112 22,016
222 3,065 2,565 3,321
2.638 23,892 22,990 26,102

15,256 198,895 181,509 213,654
-355 -9,467 -12,307 -11,314
376 4,413 4,463 4.859
144 -528 -163 -22
717 8,562 6,894 9,112
2,359 26,969 24,559 28,838
-42 -28 -36 128
2,261 26,153 24,774 28,754
4,145 16,436 12.163 22,685


-477 -41,480 -35,687 -41,937
-3,041 -31,684 -32,374 -36,742

92,561 2976,467 2926,443 1,065,759

74,756 791,293 749,253 863,303

17,805 185,174 177,189 202,456

-23,082 2-165,316 2-164,710 -152,348

-23,741 -199,416 -182,267 -192,078

+659 +34.101 +17.557 +39.730


1Based on the Mid-Session Review of the FY 1989 Budget released by the Office of Management and Budget on July 28. 1988
2The outlays by month for FY 1987 have been increased by a net of $582 million to reflect reclassification of the Thrift Savings Fund receipts of $736 million and Federal Retirement Thrift Invest
ment Board (FRTIB) administrative expenses of $154 million to a non-budgetary status. The FRTIB outlays by month for 1988 have been adjusted by a net of $1,084 million.
Source: Financial Management Service, Department of the Treasury.
... No Transactions.







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

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

Classification Gross Refunds Gros Refunds Gross Refunds
Receipts (Deduct) Receipt Receipts (Dedu Receipt Receipts (Deduct) Recepts
ct) Receipts (Deduct) R Receipts (Deduct)


Individual Income taxes:
W withheld .......... ..... .......... .........
Presidential Election Campaign Fund .................
Other ................. ........ ... .....
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 their ............................. ....... ..
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 the r ............. ....... ...........
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 their .......... ........... ........... .
Total-Federal employees retirement contributions..
Other retirement contributions:
Civil service retirement and disability fund .........

Total-Social Insurance taxes and contributions ......
Excise taxes:
Miscellaneous excise taxes3 ................ ........
Airport and airway trust fund .........................
Highway trust fund ........ .. ...........
Black lung disability trust fund ................. ......
Total-Excise taxes .............................

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

Customs duties ................... .................
Miscellaneous receipts:
Deposits of earnings by Federal Reserve banks .........
A ll other .... ... .. ............. .. .......
Total-Miscellaneous receipts ....................

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

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

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


1$30,330
1
12,956


$314 226
33
115406


297894
33
125.830


33,287 251,346 $31,942 429,665 $70,268 $359,397 423,757 $70,996 $352,760

2,377 916 1,461 88,303 14,776 73,527 81,223 17,804 63,419




116,571 ...... 16,571 189,323 512 188,811 163,560 374 163,186
1276 ...... 276 11,215 ..... 11,215 9,023 ...... 9,023
(") ...... ( ) 36 ...... 36 5,309 .... 5,309
(**) ...... (" ) (") (" ) (") ...... ( *)
16,847 ...... 16,847 200,574 512 200,062 177,893 374 177,519

'1,588 ...... 1,588 18,171 48 18,123 15,728 29 15,699
'28 ...... 28 1,081 ... 1,081 879 ...... 879

(") ...... ( ) 9 ... 9 650 650
- ...... ...... ... .. ... .. (" ) -. .. )
1,617 ...... 1,617 19,261 48 19,212 17,256 29 17,228

'4,603 ...... 4,603 51,261 147 51,113 46,474 113 46,362
'76 ...... 76 3,069 ..... 3,069 2,495 ... .. 2,495
.. .... 332 .... 332 330 ...... 330
(**) ...... (") -43 ...... -43 1,992 ...... 1,992
4,679 ...... 4,679 54,619 147 54,472 51,292 113 51,179

176 -2 177 2,100 24 2,076 2,101 18 2,083
157 .. 157 1,281 ...... 1,281 1,232 ...... 1,232

23,475 -2 23,477 277,834 732 277,103 249,774 534 249,240

3,333 ...... 3,333 18,102 ...... 18,102 17,959 ..... 17,959
1,182 6 1,176 6,091 248 5,843 6,155 146 6,009
25 ...... 25 196 ...... 196 204 ..... 204
10 ...... 10 158 ...... 158 157 ...... 157
4,551 6 4,545 24,546 248 24,299 24,475 146 24,329

338 ...... 338 4,096 ..... 4,096 4,205 ...... 4,205
2 ...... 2 31 .... 31 45 ... 45
(* ) ...... (" ) 2 ...... 2 3 ..... 3
340 ...... 340 4,130 ...... 4,130 4,253 ...... 4,253

11 ...... 11 110 ...... 110 94 ... 94

28,377 4 28,373 306,621 979 305,641 278,595 680 277,916

1,964 15 1,950 16,710 537 16,173 15,029 661 14,368
279 1 278 2,827 6 2,821 2,858 6 2,852
1,251 36 1,215 13,131 292 12,839 12,030 127 11,903
47 ... .. 47 550 ..... 550 536 .. ... 536
3,542 52 3,490 33,218 835 32,382 30,453 794 29,659

690 28 661 7,096 180 6,916 7,067 161 6,906

1,695 45 1,650 15,281 449 14,831 14,243 445 13,798

1,580 ...... 1,580 15,887 .. .... 15,887 15,110 ...... 15,110
332 10 323 2,580 11 2,569 2,169 3 2,165
1,912 10 1,902 18,467 11 18,456 17,278 3 17,275

71,881 2,402 69,479 898,649 87,498 811,151 852,616 90,884 761,733

53,417 2,402 51,015 678,814 86,938 591,877 657,467 90,481 566,986

18,464 ...... 18,464 219,835 560 219,274 195,149 403 194,746


'In accordance with the provisions of the Social Security Act as amended "Individual Income Taxes Withheld" has been increased and "Fee,,ra Cir.irc.uicn. A.:I Tas .:. rres'or,5.ngl, .easr-
by$1,723 million to correct estimates for the quarter ending September 30, 1987 "Individual Income Taxes Other" has been decreased and "S-3 E'T.C.:.,,T., ,-,i ..-.i.,i-.r.,s A ATa r( ..Or..q
increased by $381 million to correct estimates for Calendar Year 1986 and prior.
2lncludes $30 million of estimated earned income credit payments In excess of tax liability.
31ncludes amounts received for windfall profits tax pursuant to PL. 96-223.
.. No Transactions
(")Less 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, August 1988 and Other Periods (in millions)


Classification


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 their ........ ...

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

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


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

Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts ay Outlays Receipts utays Outlays Receipts outlays


$28 ( ) $28 $307 (') $307 $282 (") $281
45 (") 45 520 $1 519 449 $1 448
8 8 83 ...... 83 78 78
1 1 16 16 15 15
12 $1 11 117 7 110 107 8 99
11 11 268 268 349 .... 349

-8 -8 -38 .. -38 5 .. 5
10 10 96 .... 96 83 83
40 40 296 296 274 ... 274
3 3 23 .... 23 21 21
1 1 18 .. 18 16 .. 16
1 -1 5 -5 4 -4
(") ... (") -2 ... 2 -3 -3

150 1 149 1,703 13 1,691 1,676 14 1,662


1 1 16 16 15 15

161 .... 161 1,172 1,172 1,002 1,002
6 6 57 57 56 .. 56

168 ...... 168 1,244 ...... 1,244 1,073 ...... 1,073



4 4 27 27 24 24
6 6 38 38 35 .. 35
7 .. 7 49 49 43 43

18 ...... 18 114 ...... 114 102 .... 102



44 12 31 617 420 197 2,084 2,055 30
247 12 234 4,144 1,449 2,695 3,136 ... 3,136
43 43 2,859 ... 2,859 3,232 3.232
24 .. 24 543 .... 543 292 292
2 ...... 2 32 32 43 43
4 .... 4 42 42 45 ... 45
...... 35 -35 .... 236 -236 626 -626

364 60 304 8,237 2,104 6,133 8,832 2,681 6,151




.................. 620 ..... 620 387 387
... 138 ...... 138 221 221
13 ..... 13 476 476 265 ..... 265
5 .. 5 244 244 255 255

18 18 1,479 1,479 1,129 1,129


285 ... 285 1.370 .... 1,370 1,267 ... 1,267

109 109 471 ..... 471 318 318

... ... 45 45
-16 5 -21 221 38 183 268 29 239
.... 63 -63 ...... 744 -744 .. 705 -705

378 68 310 2,062 782 1,281 1.899 733 1,166

2 2 19 ...... 19 15 15
15 .... 15 135 135 112 112
-1 28 -28 46 150 -104 50 125 -74
2 (") 2 33 15 18 31 17 14

415 96 319 3,775 947 2,828 3,236 875 2.361






Table 5. Outlays of the U.S. Government, August 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 Outlays Outlays s Receipts Outays
Outlays Receipts Outlays Receipts Outlays Recelpts


Funds Appropriated to the Presldent:-Continued
International Monetary Programs .. ......... $60
Military Sales Programs:
Foreign military sales trust fund .............. 694 .
Other ..... ........ .... .. 19 -$10
Proprietary receipts from the public ..... ........ 789
Other ..... .... .. .. .. .. 4

Total-Funds Appropriated to the President ...... 1,556 935

Department of Agriculture:
Departmental Administration .................. 3
Agricultural Research Service .... ..... ..... 45
Cooperative State Research Service ........... 27
Extension Service ................... ..... 27
Foreign Agricultural Service ........ ........... 8
Foreign Assistance Programs ............... 130
Agricultural Stabilization and Conservation Service:
Conservation Program ................ .....42
Other ........... ............. .... -39
Federal Crop Insurance Corporation ... ..... 77 4
Commodity Credit Corporation:
Price support and related programs .......... 674 1,060
National Wool Act Program ........ ....... 7
Rural Electrification Administration ............. 133 150

Farmers Home Administration:
Public enterprise funds:
Agricultural credit insurance fund ............ 232 197
Rural housing insurance fund ........ ....... 606 255
Rural development insurance fund ........... 153 56
O their ............... ...... .. 1 ( )
Rural water and waste disposal grants ..........13 ..
Salaries and expenses ........................... 32 .. ..
Other. ............ ........ 6 ..

Total-Farmers Home Administration ............. 1,041 508

Soil Conservation Service:
Conservation operations .. ...... ............. 42
Water resource management and improvement ....... 21 ......
O their ...... ................... 5 ...
Animal and Plant Health Inspection Service ........... 28 ....
Agricultural Marketing Service:
Funds for strengthening markets, income, and supply. 17 .....
O their ...... .. ...... .5 ..
Food Safety and Inspection Service .................. 29
Food and Nutrition Service:
Food stamp program. .. ............ .... 1,089 .....
Nutrition assistance for Puerto Rico ................. (") .....
Child nutrition programs ................... 205
Women, infants and children programs .............. 171
Other ... .. ........ ...... ............. 23 ..

Total-Food and Nutrition Service ................ 1488 ..

Forest Service:
National Forest system .. ........ ............. 158
Construction ...... .. ..... ....... .... 25
Forest research .. .. ..... 12
Forest Service permanent appropriations ........ 14
Cooperative work .... ....... .... 19 ..
Other ..... ... ........ 25 .

Total- Forest Service ..... ......... ... 253 .

Other ...... .. .. ........ 27 3
Proprietary receipts from the public ................. .... 143
Intrabudgetary transactions .. ....

Total-Department of Agriculture ................. 4,089 1,868


$60 -$120 ... -$120 -$683 ...... -$683

694 8,374 ..... 8,374 9,154 .. .. 9,154
29 221 $241 -20 235 $255 -20
-789 .. 8422 -8,422 ...... 7,725 -7,725
4 26 26 100 ...... 100

621 20,513 11,714 8,799 20,873 11,536 9,337


3 90 90 85 ...... 85
45 495 ..... 495 480 ...... 480
27 273 ... 273 255 ... 255
27 295 ..... 295 291 ... 291
8 80 ...... 80 74 ...... 74
130 791 791 751 ..... 751

42 405 405 115 ... 115
-39 -63 .... -63 25 ...... 25
73 462 168 293 566 145 421

-386 23,065 10,161 12,904 27,955 7,637 20,317
7 133 ... 133 140 ...... 140
-16 3,081 5,103 -2,022 2,195 2,006 189



34 5.379 2,850 2.529 5,825 3,322 2.503
352 5,670 2,390 3,280 5,409 3,211 2,198
97 2.640 2,516 124 2,218 1.394 825
1 ('*) () -1 -2 (*) -2
13 125 125 142 .. 142
32 366 .... 366 347 ...... 347
6 59 ... 59 50 .. 50

533 14.238 7,757 6,482 13,990 7,927 6,063


42 415 .. 415 324 ..... 324
21 185 185 206 ..... 206
5 44 44 39 ...... 39
28 319 319 295 .... 295

17 327 .. 327 321 .... 321
5 153 153 105 3 102
29 360 360 342 ...... 342

1,089 12,064 .... 12,064 11,398 ..... 11.398
( ) 1 1 2 ...... 2
205 4,139 ...... 4,139 3.923 ...... 3,923
171 1,691 1.691 1,561 1.561
23 264 ..... 264 257 257

1,488 18,158 18,158 17,141 ...... 17.141


158 1,313 1.313 1,108 .... 1.108
25 215 215 197 .... 197
12 124 .. 124 109 109
14 215 .... 215 203 203
19 174 ... 174 49 .. 49
25 162 ...... 162 142 ..... 142

253 2,204 2,204 1,809 1.809

24 263 34 229 262 30 232
-143 .. 1,311 -1,311 1,158 -1.158
. . ( ) (".. .).

2,221 65,773 24,534 41,239 67,766 18,906 48,860


Table continued on next page.






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

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classificaton Gross Applicable Gross Applicable s Gross Applicable
Outlays Receipts Outays Outlays Receipts Outays Outlays Receipts Outlays


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 Institute of Standards and Technology .......
National Telecommunications and Information
Administration .................. .... .......

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

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

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

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

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

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

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

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

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

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

Total-Research, Development, Test, and Evaluation .

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

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

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

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


$22 $17 $5 $279 $114 $165 $434 $75 $359
36 .... 36 312 ... 312 205 ...... 205
4 .. 4 68 ..... 68 58 58
18 ..... 18 195 ...... 195 220 .... 220

112 1 111 1,143 11 1,132 1,060 21 1,039
14 ..1. 14 85 85 79 .... 79
14 4 11 .. 111 103 103

3 3 30 30 31 31

143 1 142 1,370 11 1,359 1,273 21 1,252

("* ) .... (." ) 21 ...... 21 (* ) ( )
4 -4 .... 48 -48 ... 41 -41
("*) **. ( ) -4 .... -4 -6 ...... -6

224 22 202 2,240 172 2,067 2,184 137 2,047



2,554 .. 2,554 26,628 .... 26,628 25,952 .... 25,952
2,181 .... 2,181 23,448 .. 23,448 22,750 ... 22,750
1,829 .... 1,829 19,551 ...... 19,551 19,454 ..... 19,454

6,564 ..... 6,564 69,627 ...... 69,627 68,156 68,156


2,027 ..... 2,027 22,625 ... 22,625 20,116 .. 20,116
2,349 ..... 2,349 26,077 ...... 26,077 22,597 ... 22,597
1,865 1,865 21,737 21,737 18,998 ..... 18,998
757 ...... 757 6,858 ..... 6,858 7,733 .. 7,733

6,998 .. 6,998 77,297 ...... 77,297 69,444 ...... 69,444


993 ...... 993 14,781 ...... 14,781 14,318 14,318
2,581 ..... 2,581 27,095 ...... 27,095 26,636 ...... 26,636
2,597 ...... 2,597 28,448 28,448 30,749 30,749
206 ...... 206 1,745 .... 1,745 1,697 1,697

6,377 ...... 6,377 72,068 ...... 72,068 73,400 73.400


357 ...... 357 4,299 .. 4,299 4.145 .. 4,145
733 ..... 733 8,254 ... 8,254 8,315 8,315
1,641 ... 1,641 13,269 ..... 13,269 12,219 12,219
663 663 6,429 .... 6,429 5,817 5,817

3,394 ...... 3,394 32,250 .. 32,250 30,496 ..... 30,496


123 ...... 123 1,588 ...... 1,588 1,737 .... 1,737
171 .. ... 171 1,599 1,599 1,446 .... 1,446
117 ..... 117 1,478 ...... 1,478 1,586 1,586
101 ... .. 101 730 ...... 730 488 ...... 488

513 ..... 513 5,395 5,395 5,258 ...... 5,258

275 .... 275 2,809 ..... 2,809 2,627 ..... 2,627

2 (*) 2 4 2 2 11 2 9

-21 ...... -21 302 ...... 302 480 .... 480
-37 ...... -37 729 ...... 729 1,829 9 1,820
54 .... 54 612 ...... 612 387 ... 387
-221 ...... -221 -100 ...... -100 770 770
32 29 3 340 296 44 323 295 29
104 -104 ..... 437 -437 ...... 677 -677
-32 ...... -32 292 ..... 292 339 339

23,897 133 23,764 261,627 735 260,892 253,521 983 252,538


Table continued on next page.






Table 5. Outlays of the U.S. Government, August 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 Ots Outlays Receipts ay Outlays Receipts Outlays


Department of Defense-Civil
Corps of Engineers:
General investigations. ... ..... ......
Construction, general ............ .........
Operation and maintenance, general .................
Flood control, Mississippi River and coastal emergencies
Other .................................... ..
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 ......................... .
O their ... ... ........ ........ ........... .. ..
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 ..... ............... ......
Chicago litigation ...............................
Indian education ..... ......................... .

Total-Office of Elementary and Secondary Education

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

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

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

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

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

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

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

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


$12 ...... $12 $116 ...... $116 $113 ...... $113
105 ...... 105 964 ...... 964 847 ...... 847
151 ...... 151 1,192 ...... 1,192 1,178 ... 1,178
34 ...... 34 252 ...... 252 252 ...... 252
-4 ...... -4 383 ...... 383 175 ...... 175
...... $17 -17 .... $166 -166 .. $65 -65

297 17 280 2,907 166 2,741 2,566 65 2,501


... .. .. 10,285 ... 10,285 10,524 ... 10,524
1,609 ...... 1,609 17,395 ...... 17,395 16,556 .. 16,556
(" ) ...... ( *) 2 ..... 2 2 ...... 2
... ..... ...... -10,285 ...... -10,285 -10,524 .. -10,524
-18 ...... -18 -62 ..... -62 -178 ...... -178
7 (*) 6 67 1 66 41 (") 41
.. ( *) (" ) ... 6 -6 .... 5 -5

1,894 18 1,877 20,308 173 20,134 18,988 71 18,917



213 ..... 213 3,746 ...... 3,746 2,935 .... 2,935
66 ..... 66 652 ...... 652 643 .. 643
89 ...... 89 443 ..... 443 523 ... 523

4 ...... 4 23 ... .. 23 18 18

372 ... 372 4,865 ... 4,865 4,119 ...... 4,119


16 ..... 16 146 146 114 ..... 114

181 ...... 181 1,331 ... 1,331 1,338 ...... 1,338
82 ..... 82 1,412 ...... 1412 1,292 ...... 1.292
7 ... 7 81 81 109 .... 109
133 ...... 133 1,132 ..... 1.132 1,280 ...... 1,280

15 86 -71 69 440 -370 65 562 -497
426 ...... 426 4,690 ... 4,690 4,467 .... 4,467
370 ..... 370 2,580 .... 2,580 2,452 ... 2,452
57 ...... 57 310 .. 310 335 ...... 335
13 .. 13 146 146 169 ...... 169
-4 --4 70 ...... -70 -76 .... -76
... ..... ..... 23 23 ...... ..

877 86 791 7,748 440 7,309 7,412 562 6,850

21 ..... 21 163 ..... 163 185 ... .. 185
36 ...... 36 275 .. 275 268 ... 268
..... 23 -23 ... 78 -78 .68 -68

1,726 109 1,618 17,152 517 16,635 16,117 631 15,486


738 ...... 738 7,031 ..... 7,031 6,798 ..... 6,798

89 ...... 89 694 ...... 694 630 ...... 630
150 ...... 150 1,861 .... 1,861 1,824 ..... 1,824
59 ..... 59 1,075 ... 1,075 962 ...... 962
30 ...... 30 296 .... 296 289 289
17 .... 17 172 .... 172 134 ...... 134
38 ...... 38 309 ..... 309 235 ...... 235
47 ..... 47 532 ...... 532 729 729
8 ... 8 92 ..... 92 87 ..... 87
(* ) .. ... (" ) 1 ......1 1 ...... 1
29 .... 29 376 ...... 376 403 ...... 403
30 ...... 30 289 .. 289 236 ...... 236

497 ...... 497 5,697 ... 5,697 5,530 .... 5,530

99 86 13 1,155 1.149 6 1,093 1,033 60
24 .... 24 357 .... 357 350 350
266 -266 ... 2,554 2.554 ... 2,736 -2,736
-29 .... -29 -189 -189 -88 .... -88

1,330 351 978 14,051 3,703 10,348 13,684 3,769 9,914


Table continued on next page.






Table 5. Outlays of the U.S. Government, August 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 OutlaysRcpt Outlays Receipts ut


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 ... ...... .......
O their ............... .. ...... .

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 .... .........
Other ....... ........ ......................
Federal hospital insurance trust fund:
Benefit payments ................. ........ ....
Administrative expenses and construction ...........
Interest on normalized lax 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 .....
O their .. ......... ..... ... .... ...

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

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

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 ..............
O their .... ........ ............... ..

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


$36 (") $36 $420


$3 $417 $386


$2 $383


6 -6
2 $9 -8 27 9 18 19 6 13
154 ...... 154 1,428 ...... 1,428 1,355 .. 1,355
84 ...... 84 857 ...... 857 796 ... 796
63 ...... 63 562 ...... 562 412 ..... 412

114 ...... 114 1.285 1,285 1,147 1,147
56 ..... 56 863 863 750 ... 750
43 ..... 43 479 479 432 432
42 ...... 42 464 ..... 464 397 .. 397
45 .... 45 499 499 361 361
60 ...... 60 535 ... 535 428 428
30 ...... 30 336 .... 336 294 294
94 .... 94 835 835 602 ...... 602
39 ...... 39 322 322 264 264
33 ...... 33 158 158 106 106

553 ...... 553 5.775 .. 5,775 4,782 ..... 4,782

84 ...... 84 1.151 .. 1,151 1,075 .... 1,075
26 ...... 26 231 ..... 231 189 189

1,002 9 992 10,451 12 10.439 9,007 2 9,005

2,740 ..... 2,740 27,608 ...... 27,608 25,214 ..... 25214
2,388 ..... 2,388 25,417 ..... 25,417 19,626 19,626
-19 ...... -19 36 .. 36 71 -18 89

4,745 ...... 4,745 47,506 .. 47,506 45,904 45.904
92 ...... 92 616 ...... 616 801 ..... 801

4,837 ...... 4,837 48,122 .... 48.122 46,705 .... 46,705

3,252 ...... 3,252 30,616 ...... 30,616 27,335 27,335
98 ...... 98 1,192 1,192 822 ...... 822

3,350 ...... 3,350 31,807 .... 31,807 28,157 28,157

13,296 ...... 13.296 132.990 ... 132,990 119,773 -18 119,791

58 ...... 58 5,474 ...... 5,474 5,391 5,391
75 ...... 75 844 .... 844 878 ... 878
935 ...... 935 10,540 .. ... 10,540 10,002 10,002

1,068 ...... 1,068 16,859 .... 16,859 16,271 16,271

6 ...... 6 66 ...... 66 49 49
930 .... 930 9,971 ..... 9,971 9,714 9,714
32 ...... 32 1,553 ...... 1,553 1,794 1,794
29 ...... 29 288 .... 288 372 ..... 372
32 .... 32 374 ...... 374 334 ...... 334
( ) ...... ( ) ( *) .. (" ) ...... ... ......
13 ...... 13 86 .. 86 141 141

1,042 ...... 1,042 12,338 .... 12,338 12,404 12,404

308 ...... 308 2,494 ... 2,494 2,534 ...... 2.534
318 ...... 318 1,983 ..... 1,983 1,742 ..... 1,742
77 ...... 77 931 ... 931 821 821


702 ..... 702 5,408 ...... 5,408 5,098 ..... 5,098

3 ...... 3 171 171 132 ...... 132
...... 794 -794 ...... 8,016 -8,016 ...... 5,977 -5,977


-2,369 -2,369 -24,440 -24,440 -18.680 -18,680

-20 ...... -20 -1,057 ...... -1,057 -946 ... 946


14,725 803 13,921 152,721 8,028 144,693 143,060 5,961 137,099


Table continued on next page.






Table 5. Outlays of the U.S. Government, August 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 lay
Outlays Receipts Outlays Outlays Receipts Ola Outlays Receipts Oay


Department of Health and Human Services,
Social Security:
Federal old-age and survivors insurance trust fund:
Benefit payments ........... .... ...... $16,292
Administrative expenses and construction .......... 130
Payment to railroad retirement account .... ...... .
Interest expense on interfund borrowings ........... ....
Interest on normalized tax transfers ............ .

Total-FOASI trust fund ... .............. .... 16,422 .. ....

Federal disability insurance trust fund:
Benefit payments ............... .............. 1,826 ......
Administrative expenses and construction ............ 50 ......
Payment to railroad retirement account .. .. ...... ... .. ......
Interest on normalized tax transfers ................. .. ..

Total-FDI trust fund ....... ...... 1,876 .. ...

Proprietary receipts from the public ........... ..... (")
Intrabudgetary transactions 1 ................ .. 58 .....

Total-Department of Health and Human Services,
Social Security ................. ............ 18,241 (* )

Department of Housing and Urban Development:
Housing Programs:
Public enterprise funds:
Federal Housing Administration fund .............. 619 $670
Housing for the elderly or handicapped fund ........ 27 44
Other ................ .............. ...... -6 5
Rent supplement payments ................ 5 ..
Homeownership assistance ......... .... ...... 18 ......
Rental housing assistance ........... .. ....... 62 ..
Rental housing development grants ................ 8 ..
Low-rent public housing ....... ......... .... 40 ......
Public housing grants ............. ......... 47 .. .
College housing grants .... .. ... ........ 1 .
Lower income housing assistance ........ ........... 813 ..
O other .......... ...... ......... ....... .8 ....

Total-Housing Programs ................... 1,641 720

Public and Indian Housing:
Payments for operation of low-income housing projects 120 ......
Low-rent housing-loans and other expenses ......... 62 4

Total-Public and Indian Housing ......... ..... 182 4

Government National Mortgage Association:
Management and liquidating functions fund ........... 6 133
Guarantees of mortgage-backed securities ............ 72 73
Participation sales fund ..... ....... ...... 555 ......

Total-Government National Mortgage Association .. 633 206

Community Planning and Development:
Public enterprise fund ................... ... 7 186
Community Development Grants ....... ...... 289 ......
Urban development action grants ........ ........ 9 ......
Rental rehabilitation grants ...... .... ......... 11 .
O their .... ....... .. .. ...... ............. ... 7 .....

Total-Community Planning and Development ....... 324 186

Management and administration .... .... 16 ....
O their .. .. ... ...... ............. ...... 2 .....

Total-Department of Housing and Urban Development 2,797 1,116


$16.292 $176,215
130 1.609


...... $176,215 $166,720 ...
... 1,609 1,479 .


$166
1


2,790 ...... 2,790 2.557 ... 2

...... 836 ...... 836 625 ......

16,422 181,451 ...... 181.451 171,382 ...... 171


1,826 19,628 ...... 19,628 18,732
50 771 ...... 771 618 .
...... 61 ...... 61 57 .
...... 80 ...... 80 60


,720
,479
,557

625

,382


18,732
618
57
60


1,876 20,540 ...... 20,540 19,467 ...... 19.467

(") .. (") (* ) .... $33 -33
-58 -5,785 ...... -5,785 -5.391 ...... -5,391


18,241 196,205 (") 196,205 185,459 33 185,425




-52 6,683 $5,597 1,086 5,232 5.763 -530
-17 801 458 343 891 479 412
-11 31 57 -26 86 59 26
5 43 ...... 43 44 ...... 44
18 164 ..... 164 159 ...... 159
62 546 ...... 546 583 ...... 583
8 63 ...... 63 64 ...... 64
40 719 .... 719 739 ... .. 739
47 224 ..... 224 (") ...... (")
1 19 ...... 19 19 ...... 19
813 8,367 ...... 8.367 7,411 .... 7,411
8 16 ...... 16 -50 ...... -50

921 17,675 6,112 11,563 15,177 6.301 8.877


120 1,295 ...... 1,295 1,174 ...... 1,174
59 1,182 86 1,096 1,369 107 1,262

178 2.476 86 2,391 2.543 107 2,435


-127 109 300 -191 121 506 -385
-1 579 666 -87 176 392 -216
555 491 .... 491 59 ... 59

427 1,179 966 214 356 898 -542


-179 92 299 -206 68 148 -80
289 2,769 ...... 2,769 2,741 (") 2.741
9 201 ...... 201 331 .... 331
11 95 ...... 95 92 .. 92
7 45 ...... 45 23 ...... 23

137 3.202 299 2,903 3,255 148 3,106

16 286 ...... 286 277 ...... 277
2 15 ...... 15 25 ..... 25

1,681 24,835 7,463 17,372 21,632 7,455 14,177


Table continued on next page.






Table 5. Outlays of the U.S. Government, August 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 uas Outlays Receipts 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 .................
O their .... ..... ..... .....
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 ............... ............. .
Other .........................................

Total-Bureau of Indian Affairs ...................

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

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

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


146 ...... 146 1,465 1,465 1,352 1,352



73 $5 67 624 $58 566 668 $71 597
15 ...... 15 137 ...... 137 119 ...... 119
-104 ... -104 -5 ... -5 170 170
35 ...... 35 424 424 375 .. 375
14 2 12 145 19 126 139 18 121

33 7 26 1,325 77 1,248 1,471 89 1,382


54 .... 54 636 636 540 ...... 540
101 ... 101 923 923 878 878

155 .... 155 1,559 .... 1,559 1,418 1,418


63 ... 63 862 862 849 .. 849
9 ..... 9 81 81 82 ... 82
32 ..... 32 394 ... 394 292 .... 292
9 2 7 89 27 61 63 10 53

113 2 111 1,425 27 1,398 1,287 10 1,277

11 .... 11 270 270 387 ..... 387
22 ..... 22 86 ..... 86 72 72


...... ..... .... ... (" ) (" ) 1 1
...... 132 -132 ...... 1,594 -1,594 .... 1,348 -1,348
(**) ... .. (") -3 ... -3 -34 -34

480 141 339 6,126 1,699 4,427 5,952 1,447 4,506


105 ...... 105 1,099 .... 1,099 752 752
107 ...... 107 1,275 ..... 1,275 1,121 .. 1,121
45 ...... 45 469 469 387 387
75 ..... 75 872 ..... 872 621 621
94 4 90 922 40 882 698 37 661
35 ...... 35 308 (') 308 219 (") 219
-4 ...... -4 93 .. 93 78 .78

459 4 455 5,038 40 4,998 3,875 37 3,838



440 ..... 440 3,391 .... 3,391 3,202 3,202
25 ...... 25 295 .. 295 331 .. 331
-25 ...... -25 120 ...... 120 91 91

14 ...... 14 39 .... 39 59 59

51 ...... 51 81 81 146 146
6 ...... 6 59 ...... 59 58 58


Table continued on next page.







Table 5. Outlays of the U.S. Government, August 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 Outlay Outlays Receipts Outlays Receipts


Department of Labor:-Contlnued
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 .........
Other ................... ....... ....

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

International Organizations and Conferences ............
Migration and Refugee Assistance ........ ...
International Narcotics Control .......... ....... .. ..
Other ................ ... .......... ......
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 Highway Traffic Safety Administration ..........


$1,100
180
9
11

7
2

1,310

1 02


$1,100
180
9
11

7
2

1,310

1 001


$12,656
2,168
119
124

107
30

15,204

10 18a


. .. $12,656
2,168
... 119
... 124

... 107
30

. 15,204

9 8 Qr


$14,354
2,116
91
121
803
154
20

17,659


$14,354
2,116
91
121
803
154
20

17,659


I u 1 90 21,546 21.54 6I,0

6 ...... 6 60 ...... 60 52 ...... 52
58 $23 36 388 $594 -206 479 $376 103

18 ...... 18 181 ...... 181 161 ..... 161
113 ..... 113 109 .... 109 117 .... 117
54 ...... 54 584 ..... 584 586 ...... 586
9 ...... 9 69 .... 69 64 ...... 64
20 ...... 20 203 ...... 203 195 195
14 ...... 14 151 .. 151 135 ...... 135
17 ..... 17 162 ...... 162 150 ...... 150
13 ... 13 137 ...... 137 124 ...... 124
1 -1 ...... 3 -3 ...... 2 -2
-15 ...... -15 -229 ...... -229 -1,120 ..... -1,120

2,127 23 2,104 21,005 597 20,408 22,490 378 22,112



116 ..... 116 1,499 ...... 1,499 1,408 1408
32 ...... 32 298 298 232 .... 232

...... 86 ..... 86 127 .. 127
24 ...... 24 260 ... 260 239 ..... 239
3 ...... 3 22 22 34 34

175 ...... 175 2,165 ..... 2,165 2,041 .. 2,041

10 ...... 10 527 .... 527 302 302
28 ...... 28 354 354 308 ..... 308
5 ...... 5 81 ... 81 52 52
4 ..... 4 62 .. 62 48 48
. (") (") ...... 2 -2 ..... 12 -12
( ..) .. (.) -122 .. -122 -174 .... -174

222 (") 222 3,067 2 3,065 2,577 12 2,565




1,714 ... .. 1,714 12,326 12,326 11,247 11,247
8 .... 8 82 ...... 82 43 22 20
11 .... 11 80 ... 80 89 .. 89

1,733 ...... 1,733 12,487 .. 12,487 11,379 22 11,356

20 ...... 20 189 ...... 189 193 .... 193


Table continued on next page.


~


=I






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


Classification


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

Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts Outlays Outlays Receipts uays Outlays Receipts Out


Department of Transportation:-Continued
Federal Railroad Administration:
Grants to National Railroad Passenger Corporation (")
Other ........ ...... $8 $1

Total-Federal Railroad Administration .... 8 1

Urban Mass Transportation Administration:
Formula grants .......... 154
Discretionary grants ......... 79
Other .. .............................. 72
Federal Aviation Administration:
Operations ......... .................. 153
O their ................... .... 3 (**)
Airport and airway trust fund:
Grants-in-aid for airports ......................... 70
Facilities and equipment ...... ............... 94
Research, engineering and development............ 21
Operations ..... ...... ....... ... 69

Total-Airport and airway trust fund... .. 254

Total-Federal Aviation Administration .......... 410 (")

Coast Guard:
Operating expenses .......... 147
Acquisition, construction, and improvements .......27 ...
Retired pay ... .. .............. 32
Other ..... .......... .. ............. 14 (" )

Total-Coast Guard .............. ... 221 ( )

Maritime Administration:
Public enterprise funds ................... 20 119
Operating-differential subsidies ...... 25 ...
O their ...... .... .......... ... 15 ...
Other ................... ................ 15 1
Proprietary receipts from the public ................ 10
Intrabudgetary transactions ............. ... 2 ....


Total-Department of Transportation ............ 2,769 131

Department of the Treasury:
Departmental Offices ................ ...... 4
Financial Management Service:
Salaries and expenses ....... .. .. .. ........... 25
Claims, Judgements, and Relief Acts .... ....... 163 ...
Energy Security Reserve .... ... ....... .. ....... 7 ......
O their ...................... 1 ...

Total-Financial Management Service ............. 196

Federal Financing Bank ........... ... ..... .. 930 1.028
Bureau of Alcohol, Tobacco and Firearms:
Salaries and expenses ..... ..... 32
Internal Revenue collections for Puerto Rico .... 21 ......
United States Customs Service ................. 182 .
Bureau of Engraving and Printing .................. (") ...
United States Mint .................. .... 17 ..
Bureau of the Public Debt ........ ......... .... 24 ......

Table continued on next page.


(") $591 ..... $591 $596
$7 -2 $13 -15 183

8 589 13 576 779


$7 $603
2 181

-5 784


154 1,815 .. 1,815 1,705 1,705
79 634 ..... 634 554 554
72 587 .... 587 755 755

153 2,110 .... 2,110 2,044 2.044
3 41 (") 41 70 (") 70

70 709 .. 709 797 797
94 945 .... 945 734 734
21 151 151 145 145
69 757 ..... 757 602 602

254 2.562 .... 2,562 2,278 2.278

410 4,713 (") 4,713 4,392 (") 4,392


147 1,655 .... 1,655 1,582 1,582
27 349 349 370 370
32 331 331 317 317
13 147 5 142 124 4 120

220 2,481 5 2,477 2,393 4 2,389


-99 401 403 -2 752 239 513
25 207 ..... 207 218 218
15 113 113 95 95
13 136 10 126 111 12 99
-10 ...... 14 -14 54 -54
-2 -15 ...... -15 -8 -8


2,638 24,338 445 23,892 23,317 327 22,990


4 -1,260 ..... -1,260 -1,304 .. -1,304

25 230 .... 230 212 212
163 1,366 .... 1,366 337 337
7 69 69 45 45
1 29 ..... 29 270 270

196 1,694 ...... 1,694 864 864

-97 14,305 14,286 19 12,218 12,527 -309

32 197 .... 197 164 164
21 198 198 213 213
182 1,269 .... 1,269 941 941
(") -24 ... -24 -36 -36
17 105 ..... 105 93 93
24 187 187 178 178


----







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

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


Department of the Treasury:-Continued
Internal Revenue Service:
Salaries and expenses ............. $11
Processing tax returns .......... ...... 117
Examinations and appeals ...... ..... 132
Investigation, collection and taxpayer service .......... 106
Payment where earned income credit exceeds liability for tax 26 ....
Refunding internal revenue collections, interest ........ 172
Other ....... ............... ............... (" ) $1

Total-Internal Revenue Service ..... ..... .. 546 1

United States Secret Service ............ ...... .... 48
Comptroller of the Currency ............ .... ... 29 14
Interest on the public debt:
Public issues (accrual basis) ........... .. 14,085 ....
Special issues (cash basis) ........... ..... .... 1,171

Total-Interest on the public debt ............ 15,256 ...

O their ................. ...... ........4. 4 ......
Proprietary receipts from the public ........ ..... .... 343
Receipts from off-budget Federal entities ........ ....
Intrabudgetary transactions ........ . 1,003

Total-Department of the Treasury ................ 16,286 1,385

Environmental Protection Agency:
Salaries and expenses ........... .... 54 .
Research and development ........... ... ... .. ... 20 .
Abatement, control, and compliance .. .............. 54 .
Construction grants ........... ... ...... ... 194 .
Hazardous substance superfund ....... ........ 67 .
O their .................. .... .. ..... .... 2 (**)
Proprietary receipts from the public .. ..... 16
Intrabudgetary transactions ...

Total-Environmental Protection Agency ........... 392 16

General Services Administration:
Real property activities ............ .. ........ 148 ......
Personal property activities .. .......... ...... -5 ...
Information Resources Management Service ......... 11
Federal property resources activities .............. 1 .....
G general activities ................ ..... .......... 16 ..
Proprietary receipts from the public .. .. ...... 5
O their .......... .. .. .................... ...... 1

Total-General Services Administration ............ 148 4

National Aeronautics and Space Administration:
Research and development .................. ... 234 ......
Space flight, control, and data communications ......... 324 ......
Construction of facilities .............. ...... 16 ....
Research and program management ................ 143 .....
Other .............. ........ ............
Total-National Aeronautics and Space
Administration ................................ 717 ......

Office of Personnel Management:
Government payment for annuitants, employees
health benefits ......... ... ...... 187 ...
Payment to civil service retirement and disability fund .... (") ..
Civil service retirement and disability fund ........ 2,344 ....
Employees health benefits fund .......... ....... 769 758
Employees life insurance fund ........... ...... 73 263
Retired employees health benefits fund .. ........... 1 1
O their ............ .......... .. ...... .... 10 ...
Intrabudgetary transactions:
Civil service retirement and disability fund:
General fund contributions ..... (") ...
Other ........ ....... ................. -3 ...


$11 $86 ..... $86 $77 ...... $77
117 1,542 ...... 1,542 1,258 ...... 1,258
132 1,670 ..... 1,670 1,447 ..... 1,447
106 1,305 ...... 1,305 1,070 .... 1,070
6 2,679 ..... 2,679 1,404 ..... 1,404
172 1,548 ...... 1,548 1,806 ...... 1,806
(") 7 $5 2 4 $4 (")

545 8,837 5 8,831 7,066 4 7,063

48 349 ...... 349 287 .... 287
15 201 207 -6 170 205 -34

14,085 154,312 ..... 154,312 143,792 ...... 143,792
1,171 44,583 .... 44,583 37,717 ...... 37,717

15,256 198,895 .... 198.895 181,509 ...... 181,509

4 31 31 97 ...... 97
-343 .... 2,938 -2,938 ..... 2.617 -2,617
-916 -916 -685 ...... -685
-1,003 -17,202 ...... -17,202 -17,222 ...... -17,222

14,901 206,864 17,437 189,427 184,554 15,352 169,202


54 705 .... 705 629 ...... 629
20 186 186 188 ...... 188
54 544 ... 544 521 ...... 521
194 2,266 ...... 2,266 2,668 ... 2,668
67 743 ...... 743 470 ...... 470
2 145 1 144 656 1 655
-16 .. 50 -50 ...... 20 -20
.... -125 ..... -125 -650 ..... -650

376 4,464 51 4,413 4,483 20 4,463


148 -605 ..... -605 -246 -1 -246
-5 150 ..... 150 132 .... 132
-11 -136 -136 -66 ... -66
1 17 17 -11 .... -11
16 130 130 117 ...... 117
-5 ... 89 -89 65 -65
1 .. -5 5 .... 25 -25

144 -443 84 -528 -74 89 -163


234 2,683 ... 2,683 2,166 ...... 2,166
324 4,215 .... 4,215 3,222 -79 3,301
16 149 ...... 149 134 .... 134
143 1,516 .. 1,516 1,293 .... 1,293



717 8,562 ...... 8,562 6,815 -79 6,894



187 1.918 ...... 1,918 1,459 ..... 1,459
(") 1 1 1 .... 1
2,344 25,787 ...... 25,787 23,504 ... 23,504
11 8,015 8,098 -83 6,664 6.485 179
-190 955 1,675 -721 903 1,563 -660
(**) 11 11 1 12 10 2
10 98 ...... 98 106 106


( ) -1 -1 -1 ...... -1
-3 -30 ...... -30 -30 ...... -30


Total-Office of Personnel Management ............ 3,381 1,022 2,359 36,753 9,784 26,969 32,617 8,058 24,559

Table continued on next page.






Table 5. Outlays of the U.S. Government, August 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 ReceiptsOutlays Outlays Receipts ays Outlays Receipts Outlays
Outlays ReceiptuOutlay


Small Business Administration:
Public enterprise funds:
Business loan and investment fund .................
Disaster loan fund .......... .
Other ....... ......... ....... ....
Other ............ ... .... ............

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

Veterans Administration:
Public enterprise funds:
Loan guaranty revolving fund ...............
Direct loan revolving fund ........................
O their ........ ....... .
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 .............. ...
O their ............... .. ........ ...... ...
Proprietary receipts from the public:
National service life .... ......... ..........
United States government life ... ..... .
Other ................ ........ .. .... ....
Intrabudgetary transactions ........... .

Total-Veterans Administration ...................

Independent agencies:
A ctio n .. .. . .. . .
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 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 ............ ... .......... .. .....


$78 $111 -$34 $858 $876 -$19 $1,304 $1,293 $11
11 45 -34 283 601 -318 357 682 -324
5 2 3 42 15 27 30 13 17
23 .... 23 283 ..... 283 260 .. 260

116 158 -42 1,465 1,493 -28 1,951 1,987 -36



254 235 19 2,596 1.731 865 2,124 1,740 384
1 58 57 14 92 -78 16 46 30
42 43 -1 457 455 2 421 461 -40
1,259 .. 1,259 13,537 13,537 13,248 13,248
44 .. 44 685 .. 685 768 ... 768
818 ... 818 9,220 ...... 9,220 8,689 ...... 8,689
18 18 179 179 178 178
56 56 755 .755 690 690
61 61 589 589 484 484
19 ..... 19 287 287 265 .. 265

92 ... 92 1,012 1,012 953 ..... 953
3 ...... 3 35 .. 35 37 37
7 4 3 77 156 -79 71 150 -80
9 9 105 ...... 105 71 ... 71

...... 37 -37 .... 388 -388 .. 404 -404
(") (") (* *) (") (* *) (**)
39 -39 395 -395 352 -352
-5 .... -5 -178 .. -178 -87 ...... -87


2,678


416 2,261 29,371 3,217 26,153 27,928 3,153 24,774


16 139
4 163
214


139 139
163 149
214 200


550 ...... 550 560 .. 560
S30 -30 .. 293 -293
11 ...... 11 165 ...... 165 147 147
70 263 -192 1,780 2,905 -1,125 2,135 4,325 -2,191
7 10 -3 93 32 61 81 7 74
564 1,191 -627 12,648 10,935 1,713 8,279 9,780 -1,501

6 43 -37 160 337 -177 184 365 -181
13 .... 13 177 ...... 177 197 .197
20 ..... 20 132 132 113 113
25 ..... 25 281 281 272 272
9 ..... 9 118 ...... 118 109 .. 109


6 6 -1 56 56 -1 36 47 -11
4,753 916 3,837 12,563 7,487 5,076 7,089 2,093 4.996
10 .... 10 64 .. 64 62 62


13 (*")

(* *)
(")
3
3 .
1
15

55 32
-8 5
4 (*)


13 141 2 139 136
49 49 52
(*) 2 (*) 2 2
3 40 40 40
1 257 ...... 257 283
15 98 98 90


2 134
52
2
40
283
90


23 345 338 7 243 247
-13 91 300 -209 49 209
4 -5 1 -6 -1 2


Table continued on next page.






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


Classification


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

Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts y Outlays Receipts utlays Outlays Receipts Outlays


Independent agencles:-Continued
National Foundation on the Arts and the Humanities:
National Endowment for the Arts .......... ...... .. $17 ...... $17 $145 ..... $145 $134 ...... $134
National Endowment for the Humanities ... .... 17 ..... 17 121 .. 121 122 ..... 122
Institute of Museum Services ....... ..... .... (") ...... (") 21 ..... 21 20 .... 20
National Labor Relations Board .................. .... 16 -. 16 123 ...... 123 118 ...... 118
National Science Foundation ........ ... .... 182 .. 182 1,503 ...... 1,503 1,405 ...... 1,405
Nuclear Regulatory Commission .... ............ .. 31 .. 31 382 .... 382 359 .. 359
Panama Canal Commission .... ... .... ...... -5 ...... -5 160 $113 47 420 $402 18
Postal Service:
Public Enterprise Funds .... ...... ... ....... 32.520 $2,485 35 29,380 29,885 -505 28,370 28,495 -125
Payment to the Postal Service Fund ............. ..... ...... ...... 517 ...... 517 650 .. 650

Railroad Retirement Board:
Federal windfall subsidy ..... ........... 27 ...... 27 321 ... 321 343 .... 343
Federal payments to the railroad retirement accounts... (") ...... (") 247 ..... 247 91 ...... 91
Payment to railroad unemployment insurance trust fund ...... .. -1 ...... -
Milwaukee railroad restructuring, administration ........ (") .. (*) ( (") 2 ... 2
Railroad retirement accounts:
Social Security Equivalent Benefit Account ........ 318 ...... 318 3,529 ...... 3,529 3,514 ...... 3,514
Benefits payments and claims .......... ..... ... 220 .. 220 2,279 ...... 2,279 2,090 ... 2,090
Advances to the railroad retirement account from the
FOASI trust fund ........... ....... ........ -69 ..... -69 -735 -735 -693 ..... -693
Advances to the railroad retirement account from the
FDI trust fund ............................. -4 ...... -4 -38 .. -38 -41 ... -41
Disbursements for the payment of FOASI benefits.... 69 ..... 69 737 ..... 737 692 ..... 692
Disbursements for the payment of FDI benefits ...... 3 ..... 3 38 ..... 38 39 ...... 39
Administrative expenses ......... ... ... 5 ...... 5 56 ..... 56 54 .... 54
Interest on refunds of taxes ......... .. .. (") ...... (") 24 ...... 24 29 ... 29
Other ................. ..... ....... (") .... ( ) 2 ...... 2 1 ... 1
Intrabudgetary Transactions:
Railroad retirement account:
Payments from other funds to railroad retirement
trust funds .............. ................. ... -2,851 ...... -2,851 -2,614 ..... -2,614
Interest on advances to railroad accounts ....... ..... -10 ..... -10 -7 ...... -7
Repayment of advances by railroad retirement board ..... ......... ....
Federal payments to the railroad social security
equivalent benefit account ...... ...... ... .. ...... 224 .... 224 162 .... 162
Federal payments to the rail industry pension fund ... ..... .... -242 ..... -242 -13 ..... -13

Total-Railroad Retirement Board ..... ........... 569 ...... 569 3,578 ..... 3,578 3,648 ...... 3,648

Securities and Exchange Commission ................. 6 ...... 6 117 .. .... 117 100 ...... 100
Smithsonian Institution .................. ...... 23 .. ... 23 237 .. 237 219 ...... 219
Tennessee Valley Authority ... ..... .. ........ 470 412 58 5,528 4,580 948 6,211 5,233 978
United States Information Agency .................. .. 66 ( ) 66 769 (* ) 769 738 1 737
Other independent agencies ............. ...... 43 45 -2 611 77 534 545 43 502

Total-Independent agencies ..................... 9,554 5,408 4,145 73,513 57,077 16,436 63,706 51,544 12,163

Undistributed offsetting receipts:
Other Interest ................ .................. ... .. ..... 1 -1 ..... 903 -903
Employer share, employee retirement:
Legislative Branch:
United States Tax Court:
Tax court judges survivors annuity fund .......... ..... .. (") ..... ( ) (") ......
The Judiciary:
Judicial survivors annuity fund ... ... ............ ... ..- 1 ....- 1
Department of Defense-Civil:
Military retirement fund .......... ..... -1,537 .. -1,537 -16,780 ..... -16,780 -16,736 -16,736
Department of Health and Human Services:
Federal old-age and survivors insurance trust fund
(OFF-BUDGET) ... ............ ......... -327 ...... -327 -3,389 ..... -3,389 -2,731 .. -2,731
Federal disability insurance trust fund
(OFF-BUDGET) ................ ....... -31 ...... -31 -324 -324 -262 ..... -262
Federal hospital insurance trust fund ............. -159 .. -159 -1,645 .. -1,645 -1,564 .... -1,564
Department of State:
Foreign Service retirement and disability fund ...- 4 ...- 4 -58 ..... -58 -53 ...- 53
Office of Personnel Management:
Civil Service retirement and disability fund ...... -623 .. -623 -6,130 ..... -6,130 -5,354 5,354

Subtotal ............. ............... -2,682 .... -2,682 -28.327 ...... -28,327 -26,701 26,701

Table continued on next page.







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

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gros Applicable Gross Applicable
Outly Receipts O ys Outlays Receipts Otye Outlays Receipts Outlays


Undistributed offsetting recelpts:-Contlnued
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:
O their ....................................
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:
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 .............................


-$4

-9
-139

(**)


-60

-18
-30
-12

-7

(")

-3
-22

(**)


-62

(.")
-4


-96
-10

-476

-1



-3,159

106,985

89,180

17,805


-$4

-9
-139

(**)


... -60

-18
-30
-12

-7

(**)

-3
... -22

.... (*-*)


-62

S (*)
-4


$359


359

14,424

14,424

(")


-96
-10

-476

-1
-359


-3,518

92,561

74,756

17,805

- 23.082

-23.741

*659


-$10

-46
-4,462
-13
-33


-6,660

-658
-5,132
-789

-2,319

-357

-888
-1,158

-1
-2

-17,317

-16
-981


-552
-71

-41,466

-13



69,805

1,128,804

943,630

185,174


...... -6,660

...... 658
...... -5,132
... .. -789

...... -2,319

.. -357

..... -888
...... -1,158

..... 1
... -2

... .. -17,317

.. -16
... .. -981


..... -552
.. .. -71

...... -41,466

...... 13
$3,357 -3,357


3,359 -73,164

152,337 4976,467

152,337 791,293

(**) 185,174

*- 165.316

-199.416

S34.101


-$10

-31
-3,231
-18
-6


-4,453

-790
-3,976
-997

-1,882

-313

-873
-1,241

(")
(")

-15,504

-18
-946


-440
-51

-34,779

-6


. ..... $. 3,798
1,875

-61,486 6,575

1,064,838 138,395

887,616 138,362

177,223 33


MEMORANDUM

Receipts offset against outlays (In millions)

Current
Fiscal Year Comparable Period
to Date Prior Fiscal Year

Proprietary receipts ......................................... $31,026 $32,000
Receipts from off-budget Federal entities ........................ 916 685
Intrabudgetary transactions .................................. 132,276 118,814

Total receipts offset against outlays ......................... 164,218 151,499

'Includes FICA and SECA tax credits, non-contributary military service credits, special benefits for the aged, and credit for unnegotiated OASI benefit checks.
2lncludes $30 million of estimated earned income credit payments in excess of tax liability.
3The Postal Service figure represents reporting for the full calendar month of August and is partially estimated. This estimate includes $1,064 million for postal money orders between August
1st and 31st.
4The outlays by month for FY 1987 have been increased by a net of $582 million to reflect reclassification of the Thrift Savings Fund receipts of $736 million and Federal Retirement Thrift Invest-
ment Board (FRTIB) administrative expenses of $154 million to a non-budgetary status. The FRTIB outlays by month have been adjusted by a net of $1,084 million.
.. No transactions.
(") Less than $500,000.
Note: Details may not add to totals due to rounding.
Source: Financial Management Service, Department of the Treasury.


-$10

.. -31
.- 3,231
-18
-6


-4,453

-790
3,976
-997

-1.882

-313

.... 873
.. .. -1,241

S (")
...... (" )

... .. -15,504

...... -18
. ..... -946


-440
-51

-34,779

-6
-3,798
-1,875

-68,061

4926,443

749,253

177,189

- 164,710

-182.267

S17.557








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

Net Transactlons
Assets and Labilities ( -) denotes net reduction of either Current FiscaB Year
AssDirectly Reand late toes liability or asset accounts
Directly Related to
Budget and Off-budget Activity
Budget and Off-budget Activity Fiscal Year to Date Beginning of
This Month TC leofth
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 .......... .......
Deposit funds' ....... .. ........ ............. ......
Miscellaneous liability accounts (includes checks outstanding etc.).......

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

Asset accounts (deduct)
Cash and monetary assets:
U.S. Treasury operating cash:2
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 IM F ........... .......... .........
Receivable/payable (-) for interim maintenance of value adjustments

B 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 (-)] ............


$21,853 $225,523 $218,888 $2.335,277 $2,538,947 $2,560,800
. ... .... 15,000 15,000 15,000

21,853 225,523 218,888 2,350,277 2.553,947 2,575,800


3.443 5,363 420 4,929 6,849 10,291

25,296 230,885 219,308 2,355,206 2,560,795 2,586,091



1,926 79,380 59,579 457,444 534,898 536,824

23,370 151.505 159,729 1,897,761 2,025,897 2,049,267

-469 -3,027 -28 -9,702 -12,259 -12,729

22,900 148,478 159,700 1,888,060 2,013,638 2,036,538

-8.573 -4,145 -3,636 31,712 36,140 27,567
-41 42 391 6,270 6,352 6,311
194 74 -1,848 9,114 8,994 9,188
-514 -5,754 -8,977 13,633 8,393 7,879

13,967 138,696 145,630 1,948,788 2,073,517 2,087,484




481 -4,729 -3,750 9,120 3,910 4,390
-11,434 -18,752 -4,998 27.316 19,998 8,564

-10,954 -23,481 -8,748 36,436 23,908 12,954


74 -20 879 9,078 8,984 9,058
......... ...... ...... -5,018 -5,018 -5,018

74 -20 879 4,060 3,966 4,040



... .. 19,699 19,699 19,699
-149 153 1,428 3,230 3.532 3,383
-66 -1,901 -2.373 -12,855 -14,690 -14.756
27 39 49 -66 -55 -28
89 763 454 257 931 1.020

-99 -946 -441 10,265 9,417 9.318

-33 -319 -353 642 356 323
3,862 345 -2,459 9,408 5,892 9,754

-7,149 -24,422 -11,122 60,811 43,539 36,390

-1,913 -1,498 -7,495 5,714 6.129 4,216

-9,062 -25,919 -18,618 66,,525 49,668 40,606

+ 23,029 +164,615 +164,248 +1,882,263 + 2,023,849 + 2,046,878


53 701 463 .648 701


+23,082 + 165,316 + 164,710 +1,882,263 +2,024,497 +2,047,579


'The outlays by month for FY 1987 have been increased by a net of $582 million to reflect reclassification of the Thrift Savings Fund receipts of $736 million and Federal Retirement Thrnn invest-
ment Board (FRTIB) administrative expenses of $154 million to a non-budgetary status. The FRTIB outlays by month have been adjusted by a net of $1.084 million
2Major sources of information used to determine Treasury's operating cash include the Daily Balance Wires from Federal Reserve Banks, reporting from the Bureau of Public Debt, electronic
transfers through the Treasury Financial Communications System and reconciling wires from Internal Revenue Service Centers Operating cash is presented on a modified cash basis, deposits are
reflected, as received; and withdrawals are reflected as processed.
SNo transactions.
Note Details may not add due to rounding
Source Financial Management Service. Department of the Treasury 20






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

Fiscal Year to Date
Classification This Month
This Year Prior Year


Excess of liabilities beginning of period:
Based on composition of unified budget in preceding period..... $2,023,849 $1,880,606 $1,732,827
Adjustments during current fiscal year for changes in
composition of unified budget:
Classification of FDIC securities as budgetary transactions .... ... ... ... 442
Classification of FSLIC securities as budgetary transactions .... .... .. 920
Reclassification of Federal Retirement Thrift Investment
Board to a non-budgetary status .... ... ......... 737 ..

Excess of liabilities beginning of period (current basis) ............ 2.023,849 1,882,263 1,733.270
Budget surplus (-) or deficit:
Based on composition of unified budget in prior fiscal year...... 23,082 165,316 164,710
Changes in composition of unified budget ............... .. ......... ....

Total surplus (-) or deficit (Table 2) ................... .. ...... 23 082 165 316 164 710

Total-on-budget (Table 2) .... ....................... 23 741 199 416 182 267

Total-off.buagel (Table 2) -659 -34 101 17 557

Transactions not applied to current year's surplus or aelicil
Se.gniorage 48 434 -422
Increment on Gold
Proceeds from currency
Proceeds Irom sales of loan assels *,In recourse -209
Profil on sale of gold -8
Net gain I 11oss for IMF loan valuation adjustmenl -5 -58 32

Tolal-lransactions not applied to current year s
surplus or defcI -53 701 -463

Excess of liabilities close of period. .......... .. 2.046.878 2.046.878 1.897.518



Table 6. Schedule B-Securities issued by Federal Agencies Under Special Financing Authorities, August 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 lo ntf
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 ......................... -$26 $790 -139 $200 $1,016 $990
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation ............... 4,298 6,600 972 920 3,221 7,520
Obligations guaranteed by the United States, issued by:
Department of Defense:
Family housing mortgages ......... ............. (") -4 -20 15 11 11
Department of Housing and Urban Development:
Federal Housing Administration ............... ..... -1 -63 58 178 116 115
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 ............ ... ... 2 5 2 7 11 12
Department of Housing and Urban Development:
Government National Mortgage Association .................... 830 -1,965 -200 1,965 830 .........
Independent agencies:
Postal Service .. ........ ..... ... .... .. ..... ......... ....... ..... 250 250 250
Tennessee Valley Authority ...... .. .. .......... -245 1,380 1,380 1,380

Total agency securities ................................. 3,443 5,363 420 4,929 6,849 10,291

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






Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Public Debt Securities,
August 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 .............................
O cean Freight.............. ................... .........

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


$22 $13 $20 $42 $42
-$205 -9,651 -5,800 20,969 11,523 11.318


. .... 16
-152 -6.147


21 97
55 140,952


50 430 125 1,596
-36 2 3 1,935


365
185
375


100


-45
-249
345


-944


133

325
800


245


65
2,385
-10





235

550
710


231 -85 -48


9
95


-22


-11
-975
1


16


50
25
7,865
759

5,981
10,756
2,896
113

2,049


1,844

5,901



252
2,128
2,144


113
134.957

1,976
1,973

50
25
7,865
759

5,571
10.322
2,866
113

1,105


113
134,805

2,026
1,937

50
25
7,865
759

5,936
10,507
3,241
113

1,105


6,226
700


252
2,128
1.828


6.226
800


252
2,128
2,059


1 10
420 515


128 128

20 20
150 150


1,730


913 -14,966 -2,420 210,803 194,924


195,837






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


$28 -$126 $138 $19,164 $19,010
. 1 1 1


19 -2,142

210 -385
-2,180
S -2,980
-29


50

-11

-37
1 -33

.... 1


-85 25,438 23,277


28,010
8,048
28,951
1,788


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

4,940
50


25 192 182

37 2.074 2,037
27 355 321

-1 60 59


-8 -7 395 387

-51 90 -79 809 949

-10 -100 -136 1,662 1,573


23

74


-859
-3
1,499
1,079


-6,988


12,463
111
4,353
18,210
177


11,226
95
5,592
19,040
177


1,241 157,258 150,398


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.


$19,038


23,296

27,625
5,868
25.971
1,759


2,037
322


11,226
118
5,592
19,114
177

150,271






Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, August 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 .. ....
O their .... .. ... .. .. .... .. ..
Total public debt securities. .. .... .. .....
Total agency securities .. .. ...

Total Federal funds .............. .................

Trust funds:
Legislative Branch:
United States Tax Court ..
Library of Congress .. .. .... .. ...

The Judiciary:
Judicial survivors annuity fund ... .. ....

Department of Agriculture

Department of Commerce .....
Department of Defense--Military ..
Department of Defense-Civil ....
Other .. ....
Department of Health and Human Services:
Federal old-age and survivors insurance trust fund:
Public debt securities ....
Agency securities ....
Federal disability insurance trust fund
Federal hospital insurance trust fund:
Public debt securities ..
Agency securities ... .
Federal supplementary medical insurance trust fund
O their ........ .
Table continued on next page.


$2 $1 $6 $8 $8
$2 4 2 15 18 20
25 264 113 1,506 1,746 1,771
-12 3 12 ...


127 -277 1,141
-50 -134 ("*)


127 413
-6

1 100
-7

,124 -2,164
-12



178 178
-1 -241
-31 214


6,482
134


13 71
-2 72

208 1,522
8 17

-97 2,164
.. .. 12



("*) (*")
-2,740 1,249
-102 479


6,078
50


357
65

1,621
11


6,205



484
65

1,622
11


14 160 175


2,300


189 148 1,


3,303


24 627 648


128 443 402


196

826
55
4,588
1,561
1,242


349

1,974

5,971
1,784
1,452


i ,Jo,.

639


591

349

2.436

6,432
1,793
1,575


-1,228 1,418 460 26,098 28,743 27,515
-50 -214 -6 290 126 76

-1,278 1,204 453 26,388 28,869 27,591


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


3
3


3 119 125


(**)
11,179
249


849 34,273

218 -32

337 14,678
230 -405
125 1,761
(**) 1


(")
1
9,728
285


.. (* *)
8 8
30,637 41.751
769 977


19,260 58,356 91,779


-994 7.193


11,345
50
-2.532
-35


50,374
405
6.166
5


7.380

64.715
230
7,803
6


8
41.816
1,017


92.629

7,161

65,052

7,928
6






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

Net Purchases or Sales Securities Held as Investments
Net Purchases or Sales () Current Fiscal Year

Classification Fiscal Year to Date Beginning of
This Month Close of
This Year Prior Year This Year This Month Ths month


Trust funds:-Continued
Department of the Interior ............. ......... -$19 -$61 $57 $212 $169 $151
Department of Labor:
Unemployment trust fund ............. 3,334 9,777 7,680 27,917 34,360 37,695
Other ............................ ..... .. 22 3 -13 33 14 36
Department of State:
Foreign service retirement and disability fund ................. 10 326 375 3,474 3,789 3,799
O their ......... ................. .... .. ( *) ("* ) (" )
Department of Transportation:
Airport and airway trust fund ....... .... 17 1,085 1,434 9,937 11,005 11,022
Highway trust fund .......... ... ........ ... -738 1,267 2,298 12,691 14,696 13,958
Other ........................................... 24 76 29 363 415 440
Department of the Treasury ......................... 26 45 43 134 153 179
Environmental Protection Agency ................ ......... 77 622 229 737 1,282 1,359
Office of Personnel Management:
Civil service retirement and disability fund:
Public debt securities ......... .......................... -1,387 2,049 6,878 176,748 180,185 178,797
Agency securities ............... .. ........... .. ....... .. -175 ......... 175
Employees health benefits fund .......................... -11 88 -180 1,208 1,307 1,296
Employees life insurance fund .. ......................... 187 746 660 8,078 8,637 8,824
Retired employees health benefits fund ....................... .... -1 -2 2 2 2
Veterans Administration:
Government life insurance fund ......... .................... -3 -18 -19 222 206 204
National service life insurance:
Public debt securities ......... .. ....... ..... 48 499 405 9,990 10,441 10,489
Agency securities ... .................................. 100 135 ......... 135 100
Veterans special life insurance fund .................. .. ..... -3 79 80 1,093 1,174 1,171
General Post Fund National Homes ......... ................. 1 1 21 22 22
Independent agencies:
Federal Deposit Insurance Corporation .......... .... .. 609 -886 1,386 17,040 15,545 16,154
Federal Emergency Management Agency ................ (" ) (") 1 1 1
Harry S. Truman Memorial Scholarship Trust Fund............... (") 2 (*) 45 47 46
Japan-United States Friendship Commission ..................... ....... 1 1 17 18 18
Railroad Retirement Board ............................... 151 1,047 713 6,688 7,584 7,735
Other .......................... ..... .. .. ....... (" ) 16 43 47 63 63

Total public debt securities ....................... ....... 3,534 78,891 59,176 430,342 505,699 509.233
Total agency securities ............... .................. 330 -715 -50 715 330 .......

Total trust funds ...................................... 3,204 78,176 59,126 431,057 506,029 509,233

Grand total .................... ............................. 1,926 79,380 59,579 457,444 534,898 536,824

... No transactions
(*)Less than $500.000
Note: Investments are in public debt securities unless otherwise noted.
Note: Details may not add to totals due to rounding.
Source: Financial Management Service, Department of the Treasury






























25







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


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


Receipts
Individual income taxes ..........
Corporation income taxes .........
Social insurance taxes and
contributions:
Employment taxes and
contributions .................
Unemployment insurance .......
Other retirement contributions ....
Excise taxes ....................
Estate and gift taxes .............
Customs duties ..................
Miscellaneous receipts ............

Total-budget receipts this year ..

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

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

Total-budget receipts prior year ....

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

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

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

Total Military ..........

C ivil .....................
Department of Education .........
Department of Energy ............
Department of Health and Human
Services, except Social Secur;ry
Public Health Serrvce
Health Care Financing
Administration
Grants to Slates for Measca-a
Federal hospital ins trust funa
Federal supp mea ins trust
fund ....
Other ....
Social Security Aaministralon
Family Suppor Aaministration
Human Deveopment Service
Other .....
Department of Healt and Human
Services, Social Security
Federal old-age and survors ins
trust fund
Federal disability ins trust
fund ....
Other .. .

Table continued on next page.


32 429 $25 039 36 537 $43 987 $25 651 $20 637 $53.334 $17 958 $46 092 $25 791 531 942
1855 1 667 17 748 3630 975 12706 12026 1613 18347 1499 1461


20.791
956
431
2551
608
1 340
1.392


20.725
2667
364
2 848
617
1 253
1 807


22 735
170
457
3832
540
1 367
2 141


26920
883
360
2 371
531
1 217
1 893


25.739
2 399
362
2 199
566
1 301
1 164


25 141
1 79
356
2.885
622
1.444
1 760


34 464
2477
417
2 767
749
1 204
1 886


24 948
8 073
375
3055
751
1.282
1 657


27200
352
415
3 136
644
1 430
1 590


24 964
1 598
354
3 250
627
1.343
1 265


23 477
4 545
351
3 490
661
1 650
1 902


397 $352 760
527 63.419


277 103
24 299
4240
32 382
6916
14 831
18 456


249 240
24 329
4346
29 659
6906
13 798
17275


62,354 56.987 85,525 81.791 60.355 65.730 109.323 59.711 99.205 60,690 69,479 811,151

45.992 40.630 67,645 60.645 40.610 44.958 81.993 39.764 77.643 40.980 51.015 591.877

16.362 16.357 17.880 21.146 19,745 20.772 27,330 19.947 21,562 19,710 18.464 219.274

:9,0/1' 52 9," I.03 ,Vl. '1 5. 463 6.I. '. 1:.2.-49 4.691 K.' 945 6 223 0l) 21. 61.73j

J.i.. X 3 ',*i,' ,).6AJ 6.'. l .3" 9 3..469 9v. 08 10.205 6O 222 .'4 R0 4..510 566.986

15.14' 14 AlY I'.JI l/ '91 I' ,44 1/.04' 23.814 1",4.6 I. '23 16 34.' l6 '"l 194.'46



157 124 182 143 174 141 195 142 130 155 149 1 691 1.662
83 85 90 85 86 222 90 151 92 92 168 1 244 1 073
8 15 8 11 9 8 13 10 9 3 18 114 102

871 584 647 255 501 704 459 600 524 683 304 6.133 6,151
464 121 91 371 184 93 386 134 172 493 319 2,828 2,361
-82 -523 -416 425 2 -144 517 -25 136 -49 -2 -162 825



5,115 3,283 1,543 2,495 426 995 900 304 -509 -475 -250 13.828 21,208
2,530 1,911 2,263 1,933 216 3,363 3,549 3,338 3,061 2,775 2,470 27,411 27,652
153 179 243 194 139 206 181 192 213 165 202 2,067 2,047


7,423 5,356 7,990 5,084 6,487 6,814 7,336 5,471 6,908 6,433 6.144 71,446 68,057
8,506 7,183 9,283 6,673 7,307 8,592 9,161 6,728 8,301 8,426 7,918 88,077 84,129
8,060 7,015 9,172 6,194 7,783 8,627 8,525 6,628 8,096 7,433 8,197 85,729 83,864
1,285 1,105 1,911 1,276 1,489 1,691 1,100 1,444 1,268 1,564 1,505 15,639 16,488

25,274 20,660 28,356 19,227 23,066 25,724 26,122 20,271 24,572 23,856 23,764 260,892 252,538


970


2444
4 119

3022
1 775
2 640
950
413
-2324



15 507

I 895
-824


909


2619
3926

2613
1 778
186
1 263
434
2339



15 447

1 731
36


914


2 020
4 479

2 856
4 244
2023
817
430
- 5447



31 907

3 423
60


930


2476
4 472

2 774
2 394
1 209
1 175
617
-3 189



16258

1 864
191


864


2673
5245

3 168
2359
1 149
1 311
449
-3.133



16654

1 863
-122


981


2606
4 432

2914
3037
3941
1 157
506
-3857



16 434

1 920
-2 026


1 045


2475
4 130

2867
2416
363
1 179
535
-3117



16.411

I 856
-137


1 091


2830
4 906

3045
2431
1 295
943
391
- 3259



19634

1 948
249


867


2328
3 712

2647
2358
1 866
1 037
327
-3 103



16407

1 8"9
- 1 09"


992


2 740
4 837

3350
2 369
1 068
1 042
702
-3 179



16 422

1 876
58


20.134
16,635
10,348


10.439


27.608
48 122

31 807
25452
16 859
12 338
5408
33341



181 451

20 540
- 5 '86


18,917
15,486
9,914


9005


25214
46 705

28 157
19.715
16.271
12404
5.098
25471



171 382

19.467
-5 424






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


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

Outlays-Continued
Department of Housing and Urban
Development .... ......... $1,962 $1,421 $1,900 $1,361 $1,396 $1,605 $1,698 $1,327 $1,683 $1.339 $1681 $17,372 $14,177
Department of the Interior ......... 592 406 439 408 336 348 335 356 502 367 339 4,427 4,506
Department of Justice ........... 397 340 529 407 431 407 513 445 554 519 455 4,998 3,838
Department of Labor:
Unemployment trust fund ..... 1,012 1,122 1,450 1,488 1,780 1,843 1,427 1,328 1,287 1,158 1 310 15,204 17,659
Other ............ .... -95 574 447 582 395 28 429 591 698 761 "94 5,204 4,453
Department of State............ 302 280 479 159 242 221 222 230 321 389 222 3,065 2,565
Department of Transportation:
Highway trust fund ........... 1,276 1,149 1,246 837 945 741 800 1,203 1,257 1,232 1,722 12,407 11,267
Other .............. .. ..... 1,024 1,039 954 1,037 1,016 1,049 1,191 1,154 1,061 1,043 916 11,485 11,723
Department of the Treasury:
Interest on the public debt....... 14,115 16,623 30,355 14,674 15,043 14,436 14,856 17,407 31,595 14,534 15,256 198.895 181,509
Other ..................... -2,318 -711 -1,271 -773 141 -536 -152 -726 -1,524 -1,243 -355 -9,467 -12,307
Environmental Protection Agency 393 403 415 391 389 423 392 360 478 394 3'6 4,413 4,463
General Services Administration ... -544 294 299 -452 93 175 -454 169 277 -530 144 -528 -163
National Aeronautics and Space
Administration ............... 936 772 843 622 606 804 816 777 863 805 717 8,562 6,894
Office of Personnel Management ... 2,400 2,193 2,324 2,554 2,392 2,510 2,773 2,326 2,492 2,645 2359 26,969 24,559
Small Business Administration ..... 241 -34 -45 -45 ..... -29 -2 -7 -45 2 42 -28 -36
Veterans Administration:
Compensation and pensions ..... 2,352 44 2,342 44 1,192 1,334 2,422 73 1.243 1,232 1 25. 13,537 13,248
National service life ............ 52 45 51 62 47 79 66 52 55 60 55 624 549
Government service life ........ 3 3 3 3 2 4 3 3 4 3 35 37
Other ............. ....... 1,232 802 1,374 1,102 917 1,138 1.257 1,304 828 1,060 944 11,958 10,940
Independent agencies:
Postal Service .................. 355 149 -85 439 -233 347 11 -405 8 -610 35 12 525
Tennessee Valley Authority .... 138 97 104 -289 145 57 167 140 193 139 58 948 978
Other independent agencies ..... 908 2.292 343 1,848 182 2,793 1,411 1,010 27 608 405 15,476 10,660
Undistributed offsetting receipts:
Employer share, employee
retirement ................... -2,567 -2,528 -2,506 -2,628 -2,367 -2,570 -2,654 -2,687 -2,554 -2,584 -2,682 -28,327 -26,701
Interest received by trust funds... -228 -2,109 -16,647 -75 -405 -145 -187 -2,873 18,252 -69 -476 -41,466 -34,779
Rents and royalties on Outer
Continental Shelf lands ........ -99 -440 -234 8 -468 -195 -208 -584 -657 -121 -359 -3,357 -3,798
Other ........ .. ...... ..... -3 ...... 5 -2 7 -1 -3 4 -28 7 -1 -14 -2,783


Totals this year:
Total outlays .................

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

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

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

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

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

Totals-outlays prior year........

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

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

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

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


93,164 84,009 109,889 65,895 84,382 95,013 95,554 82,295 290,071 83,634 92,561 '976,467 ......

76,979 67,239 77,993 66,682 66,629 76,994 79,629 64,688 72,888 66,818 74,756 791,293 ......

16,185 16,770 31,896 -787 17,753 18,020 15,925 17,607 17,184 16,816 17,805 185,174 ......

-30,810 -27,022 -24,363 +15,896 -24,027 -29,283 +13,769 -22,583 +29,134 -22,944 -23,082 -165,316 ......

-30,986 -26,609-10,347 -6,037-26,019 -32,036 +2,364-24,924 +4,756 -25,83 -23,741 -199,416 ......

+176 -414 -14,016 +21,933 +1,992 +2,752 +11,405 +2,340 +4,379 +2,894 +659 +34,101 ......

84,302 80,054 90,404 83,928 83,842 84,446 84.000 83,328 83568 86,562 82,00 ...... '926,443

68,815 63,721 75,915 68.162 67,152 67,791 68,975 66,282 66,423 70,87 65,14...... 749,253

15,486 16334 14,489 15,766 16,690 16,655 15 ,025 17046 17,145 1568 1686 ..... 177,189


-25,290 -27,087 -12,369 -2,157 -28,379 -27,931 +38,897 -35,637 -623 -22,33 -21,796 ....... 1-164,710

-24,950 -25,563 -15,221 -5,181 -29,233 -29,322 +30,107 -36,077 -2,201 -22,99 -21,63 ...... -182,267
1 L I LI 1 -1..... ='=,2


(Off-budget)................... -340 -1,524 +2,853 +3,024 +854 +1,391 +8,790 +440 +1,578\ +651 -164 ....... +17,557
'The Federal Retirement Thrift Investment Board outlays by month for 1988 have been adjusted by a net of $1,084 million Data for fiscal years 1987 and 1988 previously reported by Treasury
Federal Savings and Loan Insurance Corporation and FRTIB have been reclassified in consultation with the Office of Management and Budget resulting in revised totals as shown above Historical
tables in the Budget will be changed to agree with Treasury totals with the exception of a difference of $7 million for the Small Business Administration. Treasury totals Treasury and OMB will continue
to reflect a difference for the Small Business Administration of +$7 million and the administrative expenses for the FRTIB. OMB will continue to reflect the administrative expenses for the FRTIB in
budgetary totals.
2The outlays for Government National Mortgage Association. Department of Housing and Urban Development have been adjusted by $209 million for June 1988 to reflect proceeds from sales
of loan assets with recourse as transactions not applied to current year's surplus or deficit.
....No transactions.
(**)Less than $500,000
Note: Details may not add to totals due to rounding.
Source: Financial Management Service, Department of the Treasury.







Table 8. Trust Fund Impact on Budget Results and Investment Holdings (in millions) as of August 31, 1988


Trust receipts, outlays, and Investments held:
Airport ................ .......... $281 $254 $28 $3,708 $2,562 $1,147 $9,937 $11,005 $11,022
Black lung disability ............. .. 50 54 -4 585 584 1 ..............
FDIC ................... .. ... ...... -627 627 ...... 1,713 -1.713 17,040 15,545 16,154
Federal disability insurance ............... 1,672 1,876 -205 20,525 20.540 -15 7,193 7,380 7,161
Federal employees life and health ....... .... -179 179 ...... -803 803 9,287 9,946 10,121
Federal employees retirement ............ 1,050 2,368 -1,317 28,306 26,050 2,256 180,516 184,099 182,725
Federal hospital insurance ............... 4,889 4,837 52 62,345 48,122 14,223 50,779 64,945 65,052
Federal old-age and survivors insurance .... 17.286 16,422 864 218,417 181,451 36,967 58,356 91,779 92,629
Federal supplementary medical insurance... 3,172 3,350 -178 33,189 31,807 1,382 6.166 7,803 7,928
Highways ............................ 1,237 1,722 -485 13,997 12,407 1,589 12,691 14,696 13,958
Military advances .............. 789 694 95 8,422 8,374 48 .. ..... ......
Railroad retirement. ....... .... 440 543 -102 4,095 5,891 -1,796 6,688 7,584 7,735
Military retirement ........... .... ... 1,675 1,609 67 31,527 17,395 14,133 30,637 41,751 41,816
Unemployment ........................ 4,554 1,310 3,243 26,658 15,204 11,453 27,917 34,360 37,695
Veterans life insurance .... .... 41 98 -57 1,389 969 420 11.440 11,921 11,864
All other trust ................ .. 355 350 4 3,439 3,487 -48 2,409 3,214 3,373

Total trust fund receipts and outlays and
Investments held from Table 6-D ..... 37,493 34,682 2,810 456,603 375,753 80,850 431,057 506,029 509,233

Interfund transacrron 5 648 5648 -115 110 115 110

Trust fund receipts and outlays on Ine oasis
of tables 4 & 5 31 844 29 03. 2810 341 492 260 642 0 850

Total federal fund receipts and outlays 39.392 65.285 -25.892 488.038 734.205 -246.166

Interfund transialions -25 25 -421 -421

Federal fund receipis & outlis on the Das
of table 4 & 5 39 367 65260 25 892 487 617 733 784 246 166


Offsetting propreliary receipts


- 1 732 1 '32 17959 1' 959


Net budget receipts & outlays .. 69.479 92.561 -23.082 811.151 976.467 165.316


....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, August 1988
and Other Periods (in millions)


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

RECEIPTS
Individual income taxes ................... .............. $31,942 $359,397 $352,762
Corporation income taxes ................................ 1,461 73,527 63,419
Social insurance taxes and contributions:
Employment taxes and contributions ...................... 23.477 277,103 249,240
Unemployment insurance .................. .............. 4,545 24,299 24,329
Other retirement contributions ........................ .351 4,240 4,346
Excise taxes ................................. ..... 3,490 32,382 29,659
Estate and gift taxes ................................ 661 6,916 6,906
Customs ...................................... ...... 1,650 14,831 13,798
Miscellaneous ........................... ...... ..... 1.902 18,456 17,275

Total ...................................... .... 69,479 811,151 761,733

NET OUTLAYS
National defense ............ .......... ....... 24.532 268.408 259,850
International affairs .................. ................... 833 11,159 10,050
General science, space, and technology ................... 930 10,174 8,328
Energy........ ....................................... .... 282 2,226 4,373
Natural resources and environment ........................ .1,213 12,913 12,068
Agriculture ............................................. 152 17,624 25,110
Commerce and housing credit ............................ 4,077 12,988 6,753
Transportation ....................................... 2,696 24,628 23,723
Community and regional development ...................... 284 4,834 5,936
Education, training, employment and social services .......... 3,033 28,268 26,542
Health ............................................... 3,977 40,658 36,636
Medicare ................................... .......... 7,393 71,849 68,916
Income security.................... ............ ..... 10,581 118,948 113,932
Social security........................................... 18,299 200,763 190,132
Veterans benefits and services ........ .......... ............ 2,249 26,163 24,633
Administration of justice ............... .. .......... 900 8,495 6,751
General government ......................... ........... 814 8,740 7,081
General purpose fiscal assistance .................. .... ................ 30 293
Interest ......... ........... .............. .............. 13,661 139,340 128,296
Undistributed offsetting receipts ......................... .. -3,041 -31,684 -32,374

Total .......................................... 92,561 976,467 926,443


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


GPO 935-064






Explanatory Notes


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

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

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


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

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

5. Other Sources of Information About Federal Government
Financial Activities

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

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

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

Treasury Bulletin (Available from GPO, Washington, D.C. 20402,
by subscription or single copy). Quarterly. Contains a mix of narrative,
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 Appendix (Available
from Financial Management Service, U.S. Department of the Treasury,
Washington, D.C. 20226). This annual report presents budgetary results
at the summary level. The appendix presents the individual receipt and
appropriation accounts at the detail level.
















Scheduled Release

The release date for the September 1988 Statement
is subject to completion of year-end
reporting requirements.
























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Office, Washington, D.C. 20402 (202) 783-3238. The subscription price is
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UNIVERSITY OF FLORIDA

3 1262 09051I I4935
3 1262 09051 4935