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

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Material Information

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

Subjects

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

Notes

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

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
oclc - 02520295
lccn - 97656143
issn - 0364-1007
ocm02520295
Classification:
lcc - HJ10.2 .M66
ddc - 336.73/05
System ID:
AA00010653:00073

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 1989
Through Qctober 31, 1988,


Monthly Treasury Statement 1
SJAN 20 1989
of Receipts and Outlays of

the United States Government DE

Department oft-he Treasury
Financial Management Service


'*., ... ..
W .. .. - --i. -. .
3. 1










SIDeficit
y- Receipts Outlays- Financing -
page6 page, page 20
..g 20.


Receipts
Outlays
by Month -
page 26
I -... ...-... !


SFederal
Trust Funds
Securities-
Spage 28
?i


Receipts
by Source
Outlays by
Function -
page 29


Explanatory
Notes -
page 30


Sum mar
page 2








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 isbased on data provided by Federal entities, disbursing officers,
and Federal Reserve banks.

Audience
The MTSis 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 1988 and 1989,
by Month (in millions)


Period Receipts Outlays Deficit/Surplus (-)



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 90,071 -9.134
July .............. .. ... .. 60,690 83,634 22,944
August ............... ...... 69,479 92,561 23,082
September .. ............. ..... 97,803 87,588 -10.214

Year-to-date .................... 908,953 1,064,055 155,102



FY 1989
October ...... ............. 63,646 $91,086 27,440
Year-to-Date ................... $63,646 $91,086 $27,440





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, October 1988 and
Other Periods (in millions)


ActBudget ActualBudget
Current u Estimates PreviouEstimates
Classification CMonth Fiscal Year Fiscal Year Ne al
Month D Full Fiscal t Next Fiscal
to Date Year' to Date Year (1990)'
Year88) Year(1990)'


Total on-budget and off-budget results:
Total receipts ................. .... $63.646 $63,646 $974.045 $62.354 $1.054.420
On-budget receipts .............. ... 45.847 45,847 711,958 45.992 769,841
Off-budget receipts ......................... 17.799 17,799 262.087 16,362 284,579

Total outlays ............. .............. 91,086 91.086 1.096,740 93,164 1.156.695
On-budget outlays ..... ........ ........ 73,945 73,945 885,877 76,979 935.699
Off-budget outlays .......... ............. 17,141 17,141 210,863 16,185 220,996

Total surplus (+) or deficit (-) .............. -27,440 -27,440 -122.695 -30,810 -102,276

On-budget surplus (+) or deficit (-) ............ -28,097 -28.097 -173,919 -30.986 -165,859
Off-budget surplus (+) or deficit (-) ............ +658 +658 +51,224 +176 + 63.583

Total on-budget and off-budget financing .......... 27,440 27,440 122,695 30,810 102.276

Means of financing:
By Borrowing from the public ........... 10.716 10,716 117.780 27,374 102,706
By Reduction of operating cash, increase (-)..... 13,748 13.748 -1,879
By Other means ................ ......... 2,976 2,976 4,915 5,316 -430

'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 totals due to rounding
Source: Financial Management Service. Department of the Treasury


Figure 1. Monthly Receipts, Outlays, and Budget Deficit/Surplus of the U.S. Government, Fiscal Years 1988 and 1989

In billions of dollars
150
Outlays
120 -

90

60

3Receipts
30 -




30


60 Deficit(- )/Surplus

90

Oct. Dec. Feb. Apr. June Aug. Oct.
FY FY
88 89







Figure 2. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 1988 and 1989

In billions of dollars


Total Receipts
A


140

120

100

80

60

40

20


Oct. Dec. Feb. Apr. June Aug. Oct.
FY FY
88 89


Figure 3. Monthly Outlays of the U.S. Government, by Function, Fiscal Years 1988 and 1989

In billions of dollars


Total Outlays



Qnrial Zoariiritu R. MorliiP


': :: : t : : : :i:: : ::- :::' :,: : ,::::::::::: ::::: :::::::::::::: ::: ^::::.i : :!:::::!:i: ::; ;::
o20 :National Defense
20
wI I I .
0I tn Interesj:::t


Oct.
FY
88


Dec.


Feb.


Apr.


June


Aug.


viner I axes ana s


0


100








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


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

Budget Receipts
Individual income taxes ............................... $31,287 $31,287 $32,429 $423,443
Corporation income taxes ................. 1,794 1,794 1,855 109,917
Social insurance taxes and contributions:
Employment taxes and contributions (off-budget) ......... 17,799 17,799 16.362 262,087
Employment taxes and contributions (on-budget) .. 4,601 4,601 4,429 69,537
Unemployment Insurance ......... ........... ....... 1,101 1,101 956 23,201
Other retirement contributions ............. 347 347 431 4,694
Excise taxes .................. .................. ...... 3,134 3,134 2.551 34,494
Estate and gift taxes ..... ....... ....... 662 662 608 7,795
Customs duties ........ .. ..... ... 1,381 1,381 1,340 18,371
Miscellaneous receipts ...... ........ ................ 1,540 1,540 1,392 20,506

Total Receipts .................. ................... 63,646 63,646 62,354 974,045

(On-budget) ...................................... 45,847 45,847 45,992 711,958

(Off-budget) ...................................... 17,799 17,799 16,362 262,087

Budget Outlays
Legislative Branch ....... ... ............ .......... 157 157 157 2,093
The Judiciary ................... ............. ......... 100 100 83 1,679
Executive Office of the President ................... ........ 13 13 8 126
Funds Appropriated to the President ..... ... ..... ... 1,785 1,785 1,253 6,520
Department of Agriculture ............................. ..5,769 5,769 7,645 42,613
Department of Commerce ........ ....... .......... ... 209 209 153 2,594
Department of Defense-Military ........................... 25,189 25,189 25,274 285.500
Department of Defense-Civil ....... ....... .......... 1,917 1,917 1,829 23,618
Department of Education ........ ......... ............ 1,668 1,668 1,386 23,597
Department of Energy ............. ............. .. 1,482 1,482 952 11,994
Department of Health and Human Services,
except Social Security ....... .. .. ............ 11,656 11,656 14,008 171,320
Department of Health and Human Services, Social Security .... 17,482 17,482 16,579 226,867
Department of Housing and Urban Development ............. 1,706 1,706 1,962 22,821
Department of the Interior ................. ......... 629 629 592 5,037
Department of Justice ............... ........... .... 511 511 397 5,895
Department of Labor ............... . ..... 835 835 917 22.337
Department of State .......... ....... ............. 393 393 302 3,418
Department of Transportation ......... .. ........ .. 2,400 2,400 2,300 26.277
Department of the Treasury:
Interest on the Public Debt .............. ....... 15,157 15,157 14,115 226,807
Other .................... .............. .. -1,319 -1,319 -2,318 -15.269
Environmental Protection Agency ............... ..... .. 350 350 393 5,127
General Services Administration ............... ...... .. -454 -454 -545 45
National Aeronautics and Space Administration ............... 998 998 936 10,978
Office of Personnel Management ......................... 2,601 2,601 2,400 30,965
Small Business Administration ....... ............... -12 -12 241 -355
Veterans Administration ............ ........ ...... 1,854 1,854 3,639 29,628
Other independent agencies ............... ........... ... 930 930 1,401 15,842
Allowances, undistributed ..... ... .... ... ... ...... .. -48
Undistributed offsetting receipts:
Interest ........................ ........... .. .. .... -170 -170 -232 -50,523
Other ............. ......... .... .. ... ...... -2,751 -2,751 -2,666 -40,674

Total Outlays ... .............. ........ .. ........ 91,086 91,086 93,164 1,096,740

(On-budget) ..................................... 73,945 73,945 76,979 885,877

(Off-budget) ..................... ............... 17,141 17,141 16,185 210,863

Surplus (+) or deficit (-) ............................ -27,440 -27,440 -30,810 -122,695

(On-budget) ..................................... -28,097 -28,097 -30,986 -173,919

(Off-budget) ............... ....... ........... +658 +658 +176 +51,224

'Based on the Mid-Session Review of the FY 1989 Budget released by the Office of Management and Budget on July 28, 1988.
.. No Transactions.
Source: Financial Management Service, Department of the Treasury.









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

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

Classification Gross Refunds Receipts Gross Refunds Gross Refunds
Receipts (Deduct) Receipts (Deduct) Re Receipts (Deduct) Rec


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

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

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

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

Total-Employment taxes and contributions
Unemployment insurance:
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...
Other .. .
Total-Federal employees retirement contributions
Other retirement contributions:
Civil service retirement and disability fund

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

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

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

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

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

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

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


$28,824
3(")
j T 3


$28,824
(")
3 430


$30,122
1
3 563


32.254 $967 $31,287 32,254 $967 $31,287 33,685 $1,256 $32,429

3,789 1,995 1,794 3,789 1,995 1,794 3,633 1,778 1,855




16,239 16,239 16,239 16,239 14,878 14,878

3 3 3 3 47 47
(") (") (*") ("*) ("*) (")
16,242 16.242 16,242 16,242 14,925 14,925

1,556 1,556 1,556 .. 1.556 1,431 1,431


(") ( *) (") (* *) 6 6


1.556 1,556 1,556 .. 1,556 1,437 .. 1,437

4,321 4.321 4,321 4.321 4.200 ... 4200


1 1 1 1 -52 -52

4,322 4,322 4.322 ...... 4,322 4,148 4,148

149 8 141 149 8 141 146 2 144
138 138 138 138 138 ... 138

22,408 8 22,400 22,408 8 22,400 20,793 2 20,791

790 790 790 790 793 .. 793
271 5 266 271 5 266 136 7 129
46 46 46 46 28 .... 28
(") (") (') .. ") 6 6
1,107 5 1.101 1.107 5 1,101 963 7 956

336 ... 336 336 336 417 .. 417
2 .. 2 2 2 3 3
(**) (**) (* ) ... (*" ) (* ) (... (" )
338 338 338 338 420 420

9 9 9 .. 9 10 10

23,861 14 23,848 23,861 14 23,848 22,187 9 22,177

1,551 25 1,525 1,551 25 1,525 1,127 52 1.075
273 273 273 273 283 283
1,284 1,284 1,284 1,284 1,141 1.141
51 51 51 51 52 52
3,159 25 3,134 3,159 25 3,134 2,603 52 2,551

683 21 662 683 21 662 628 19 608

1,427 45 1,381 1,427 45 1,381 1,388 48 1,340


1,384 1,384 1,384 1,384 1.210 ...1.210
159 2 157 159 2 157 183 (") 182
1,542 2 1,540 1,542 2 1,540 1,393 (") 1,392

66.716 3,070 63,646 66,716 3,070 63,646 65,517 3.163 62,354

48,918 3,070 45,847 48,918 3,070 45,847 49,156 3,163 45,992


17,799 ...... 17,799 17,799


S 17,799 16,362 ..... 16,362


Includes amounts received for windfall profits tax pursuant to P L 96223
No Transactions
(")Less than $500.000
Note Details may not add to totals due to rounding
Source Financial Management Service Department of the Treasury


-~--~-


--il----~









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


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

Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts Outlays Outlays Receipts l Outlays Receipts Oay


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
W hite House Office.................. ... .
Office of Management and Budget ..................
O other .......... ......... ...... ......

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

Funds Appropriated to the President:
International Security Assistance:
Guarantee reserve fund .................. .. ...
Foreign military sales credit .................. .
Economic support fund ....... .... ..........
Military assistance .. ... ....
Peacekeeping operations ........ ..
O 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 their ....... ...... ....................
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 ..........
Other ................. ...... ...... .. ..

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


$27
43
12
1
9
12

21
2
26
3
2

-1


(**) $27
(") 43
12
1
$1 8
12

21
2
26
3
2
(* ) (**)
-1


(**) $27
(**) 43
12
1
$1 8
12

21
2
26
3
2
( *) ( *)
. ... 1


(**) $35
("*) 43
2
1
( *) 11
19

19
5
20
2
2
(" ) (**)
(' *)


158 1 157 158 1 157 158 $1 157


1 ...... 1 1 1 2 2

96 .... 96 96 96 77 77
3 ..... 3 3 3 5 5

100 ...... 100 100 ..... 100 83 ...... 83



3 ..... 3 3 .3 2 2
5 ... 5 5 5 3 3
4 ...... 4 4 .. 4 4 4

13 ...... 13 13 ...... 13 8 ...... 8



288 11 277 288 11 277 31 35 -5
242 442 -199 242 442 -199 143 730 -586
1,349 ...... 1.349 1,349 1,349 1,429 1,429
60 60 60 60 30 30
3 3 3 3 2 2
2 ..... 2 2 2 3 3
.. 86 -86 ...... 86 -86 2 -2

1,944 539 1,406 1,944 539 1,406 1,638 767 871




206 ...... 206 206 206
71 71 71 71 60 .60
125 ...... 125 125 .... 125 261 261
98 ...... 98 98 98 63 63

500 ...... 500 500 500 384 384


134 134 134 .. 134 73 73

-57 .. -57 -57 -57 27 .. 27

111 ...... 111 111 ...... 111
29 4 25 29 4 25 23 1 22
..... 46 -46 46 -46 56 -56

217 50 167 217 50 167 122 57 66

2 ... 2 2 .. 2 1 1
16 ... 16 16 .... 16 8 8
2 7 -5 2 7 -5 4 1 3
2 (") 3 2 (") 3 3 1 2

739 56 683 739 56 683 522 58 464


Classification


. .








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

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross AppiAcable Gross Applicble cable
Outlays Receipts Outlays utla Receipts Outays Outlays Receipts outlays


Funds Appropriated to the President:-Continued
International Monetary Programs ..... .... -$402 -$402 -$402 ... -$402 -$331 ...... -$331
Military Sales Programs:
Foreign military sales trust fund 616 616 616 .. 616 717 .. 717
Other ......... ....... .. 14 (") 14 14 (") 14 17 $29 -12
Proprietary receipts from the public ..... $534 -534 ...... $534 -534 ...... 457 -457
Other ........ ....... ...... 2 2 2 ... 2 (**) ...... (")

Total-Funds Appropriated to the President ...... 2,915 1,130 1,785 2,915 1,130 1,785 2,563 1,310 1,253


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


Farmers Home Administration:
Public enterprise funds:
Agricultural credit insurance fund .
Rural housing insurance fund.....
Rural development insurance fund.
Other ......... .
Rural water and waste disposal grants
Salaries and expenses .. .. ....
O their .............

Total-Farmers Home Administration


Soil Conservation Service:
Conservation operations ........ .
Water resource management and improvement
Other ........... ... .
Animal and Plant Health Inspection Service
Agricultural Marketing Service:
Funds for strengthening markets, income, and supply
Other .. ........ .
Food Safety and Inspection Service .....
Food and Nutrition Service:
Food stamp program .. ..
Nutrition assistance for Puerto Rico ...
Child nutrition programs ..
Women, infants and children programs
Other ..

Total-Food and Nutrition Service


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


9 9 9 .. 9 (**) .
42 42 42 ... 42 39
19 19 19 19 25
39 39 39 39 23
7 7 7 7 6
135 135 135 135 252 ...

138 138 138 138 9
-42 -42 -42 -42 -22
170 7 163 170 7 163 49 10

3,241 709 2.532 3,241 709 2,532 5,654 792
(" ) ('*) (* ) .. (* ) (" ) .
99 108 -9 99 108 -9 106 86


(**)
39
25
23
6
252

9
-22
39

4,862
(")
20


416 220 196 416 220 196 471 320 151
599 205 394 599 205 394 581 274 307
1,801 1,637 164 1,801 1,637 164 814 718 96
1 1 (") 1 1 (") (**) (**) (*")
15 15 15 15 15 15
31 31 31 31 33 33
7 7 7 7 6 6

2,869 2,063 806 2,869 2.063 806 1,920 1,312 608


33 33
19 19
4 4
28 28

107 107
23 23
29 29

1,033 1,033

262 262
129 129
15 15

1,440 1,440


258 258
24 24
11 11
9 9
14 14
6 6


33 31
19 19
4 4
28 28

107 15
23 18
29 29

1,033 1,018

262 272
129 132
15 17

1,440 1,440


31
19
4
28

15
18
29

1.018

272
132
17

1,440


258 217
24 23
11 10
9 6
14 11
6 -1


Total-Forest Service ...... 322 322 322 ... 322 267 ..... 267

Other .......... .. 18 1 16 18 1 16 20 4 17
Proprietary receipts from the public ..... 92 92 92 92 84 -84
Intrabudgetary transactions .. ..

Total-Department of Agriculture ................. 8,749 2,980 5,769 8,749 2,980 5,769 9,934 2,288 7,645

Table continued on next page.


----~


-------







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


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

SGoss ppcable Gross Applicable Gross Applicable
Outay Outlays Receptst Outlays iOutlas Receps Outlays
Oul Receipts Outlays Receipts Outlays Receipts uy


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 ... ..........

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

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

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

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

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

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

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

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

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

Total-Research, Development, Test, and Evaluation .

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

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

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

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


$19 $3 $15 $19 $3 $15 $21 $3 $18
49 49 49 .. 49 16 16
6 .... 6 6 6 5 5
26 .26 26 26 10 ... 10

94 (") 94 94 (**) 94 99 1 98
14 .. 14 14 14 3 3
5 5 5 5 5 5

4 4 4 4 3 3

116 (**) 116 116 (") 116 110 1 109

(" *) (" *) (" *) (* ) (" *) (* *)
3 -3 3 -3 4 -4
-1 -1 -1 1 -1 -1

216 7 209 216 7 209 161 8 153



2.330 .. 2,330 2,330 2.330 3,478 3.478
2,025 2,025 2,025 .. 2,025 2.913 2,913
1,775 1,775 1,775 1,775 2,323 2,323

6,130 6,130 6,130 6,130 8,713 8.713


1,829 1,829 1,829 1,829 1,907 1,907
2,397 .... 2,397 2,397 2,397 2,257 2,257
2,019 2,019 2,019 2.019 2.115 2.115
605 ...... 605 605 .. 605 734 734

6,851 6,851 6,851 6,851 7,014 7.014


1,692 .. 1,692 1,692 1,692 1,242 1,242
2,901 2,901 2,901 2,901 2,324 .. 2.324
2,592 2,592 2,592 2,592 2.357 2,357
171 ...... 171 171 171 157 157

7.356 7,356 7,356 7,356 6,080 6.080


327 327 327 327 351 351
875 .. 875 875 875 615 615
1,358 1,358 1,358 1,358 1,033 ..... 1.033
594 ..... 594 594 594 370 370

3,155 3,155 3,155 .. 3,155 2,369 2,369


183 183 183 183 176 176
140 140 140 140 123 123
105 .. 105 105 105 161 161
60 .. 60 60 60 27 27

489 489 489 489 487 ..... 487

235 2 233 235 2 233 214 ...... 214

2 23 -21 2 23 -21 (") () (")

45 ..... 45 45 45 96 96
181 181 181 .. 181 256 256
-40 ... 40 -40 ...- 40 -58 ...- 58
249 ... 249 249 .. 249 -18 ...- 18
31 23 7 31 23 7 33 28 5
205 205 ..... -205 205 245 245
346 ...... 346 346 ..... 346 360 ..... 360

25,032 -157 25,189 25,032 -157 25,189 25,547 273 25,274


Table continued on next page.


Classification







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

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts Outlays Receipts 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
Other
Proprietary receipts from the public ..

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

Department of Education:
Office of Elementary and Secondary Education:
Compensatory education for the disadvantaged
Impact aid
Special programs
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
F,-Jdnr l i,,-.r, regulatory commission .
Allirrnr.a Fj :, Production
Nuclear waste disposal fund
Other

Total-Energy Programs

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

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

Table continued on next page.


$8
93
106
40
53


$8 $8
93 93
106 106
40 40
53 53


$8
93
106
40
53


$8
96
113
18
65


$10 -10 $10 -10 3 -3

301 10 291 301 10 291 300 3 297


9,782 9,782 9,782 9,782 10,285 10,285
1,622 1,622 1,622 1,622 1,527 1,527
(" ) ('") (* *) (") (*") (")
-9,782 9,782 -9,782 -9,782 10.285 -10,285
-3 -3 -3 -3 -2 -2
6 (*) 6 6 (*) 6 8 (*) 8
1 -1 1 -1 1 -1

1,927 10 1,917 1,927 10 1,917 1,833 4 1,829



199 199 199 199 211 211
15 15 15 15 3 3
73 73 73 73 18 .. 18
(" ) ( ) ( ) ( *)
5 5 5 5 3 3

293 293 293 293 235 235


14 14 14 14 15 15

190 190 190 190 154 154
102 102 102 102 165 165
10 10 10 10 12 12
156 156 156 156 94 94

3 12 -9 3 12 -9 2 41 -40
553 553 553 553 557 557
265 265 265 265 96 96
47 47 47 47 65 65
13 13 13 13 5 5
-1 -1 -1 -1 -4 -4
-4 -4 -4 -4

875 12 863 875 12 863 720 41 679

20 20 20 20 13 13
24 24 24 24 25 25
4 -4 4 -4 5 -5

1,684 16 1,668 1,684 16 1,668 1,432 47 1,386


723 723 723 723 629 629

67 67 67 67 52 ...... 52
205 ...... 205 205 ...... 205 238 238
544 .. 544 544 ...544 81 81
24 .24 24 24 22 22
13 13 13 13 13 13
25 25 25 25 24 24
45 45 45 45 47 47
7 7 7 7 7 7
(' *) (" )
28 28 28 .. 28 34 34
13 13 13 13 25 25

970 970 970 970 543 543

88 106 -19 88 106 -19 92 98 -6
31 31 31 31 35 35
200 200 200 200 229 -229
-23 -23 -23 23 19 19

1,789 307 1,482 1,789 307 1,482 1,279 327 952


I







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


This Month


Current Fiscal Year to Date Prior Fiscal Year to Date


Gross Applicable Gross Applicable uta Gross Applcable Outlas
Outlays Receipts as Outlays Receipts Otls Outlays Receipts I ays


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........
Other .. .
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 other ........ ....... .
Total-National Institutes of Health .........

Alcohol, Drug Abuse, and Mental Health Administration .
Office of Assistant Secretary for Health ..... ....
Total-Public Health Service ............. ..

Health Care Financing Administration:
Grants to States for Medicaid .............. ...
Payments to health care trust funds ................
O the r ............ ......... .. .
Federal hospital insurance trust fund:
Benefit payments.. ............ .....
Administrative expenses and construction ......
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............. 1,118

Family Support Administration:
Program Administration .................. ....... 5
Family Support Payments to States .............. 899
Low Income Home Energy Assistance ...... ..... 29
Refugee and Entrant Assistance ..... .... 37
Community Services ................ 23
Interim assistance to states for legalization ........ 6
O their ...... ................ ..... 4

Total-Family Support Administration .............. 1,003


$36 (") $36 $36 ( *) $36 $36 (**)


$36


3 3 3 3 2 2
142 142 142 142 127 127
83 83 83 83 83 83
59 59 59 59 47 47

105 .. 105 105 105 112 112
76 76 76 76 82 82
42 42 42 42 47 47
41 41 41 41 45 45
50 50 50 50 50 50
49 49 49 49 49 49
30 30 30 30 32 32
67 67 67 67 76 76
35 35 35 35 30 30
19 19 19 19 35 35

513 ...513 513 ...... 513 558 558

102 102 102 .. 102 105 105
16 16 16 16 13 13

955 (') 955 955 (") 955 970 (*) 970


2,691
2,342
29 (**)

'3,634
95

3,729


2,691 2,691
2,342 2,342
29 29 (")

3,634 3,634
95 95

3.729 3,729


2,691 2,444
2.342 1,776
29 -1

3.634 4,110
95 9

3,729 4,119


2,444
1,776
-1

4,110
9

4.119


12,543 2,543 2,543 2,543 2,902 2,902
91 .. 91 91 91 121 121

2,633 2,633 2,633 2.633 3.022 3,022

11,424 (*) 11.424 11,424 (') 11.424 11.360 11,360

897 897 897 ... 897 824 824
75 75 75 75 77 77
146 ...... 146 146 146 1.739 1,739


1,118 1.118


5 5
899 899
29 29
37 37
23 23
6 6
4 4

1,003 1,003


1.118 2,640


5 5 5
899 852 852
29 33 33
37 33 33
23 21 21
6
4 6 6

1,003 950 950


Human Development Services:
Social services .............. .......... 75 .. 75 75 75 162 162
Human development services .... .. 141 ... 141 141 .. 141 175 175
Payments to states for foster care and adoption assistance 66 66 66 66 75 75

Total-Human Development Services ... ......... 282 ..... 282 282 282 413 413

Departmental management ............... ......... 6 .6 6 6 18 18
Proprietary receipts from the public ............. $790 -790 $790 -790 $567 567
Intrabudgetary transactions:
Payments for health insurance for the aged:
Federal supplementary medical insurance trust fund -2,342 ...... -2.342 -2,342 -2,342 -1,776 -1.776
Payments for tax and other credits:
Federal hospital insurance trust fund .............

Total-Department of Health and Human Services,
Except Social Security........................ 12,446 790 11,656 12,446 790 11,656 14,575 567 14,008

Table continued on next page.


Classification


=








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

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable y Gross Applicable Gross Applicable
Outlays Recelayslays Receipts Reutla ceipts Ou Outlays Receipts ays


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

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

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

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

Proprietary receipts from the public .............
Intrabudgetary transactions2 .. .. .......... ....

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

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

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

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

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

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

Total-Government National Mortgage Association ...

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

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

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

Total-Department of Housing and Urban Development


$16,354
158


$16,354 $16,354
158 158


$16.354 $15,383
158 124


$15,383
124


16,512 .... 16,512 16,512 ... 16,512 15,507 15,507


1,798 .... 1,798 1,798 1,798 1,741 1,741
68 ...... 68 68 68 154 154



1,866 1,866 1,866 ..... 1,866 1,895 1,895

. .. ( ) (* ) (" ) (**) ( ) ( *)
-897 .. -897 -897 -897 -824 -824


17,482 (**) 17,482 17,482 (*) 17,482 16,579 (') 16.579




458 $464 -7 458 $464 -7 526 $418 108
324 43 281 324 43 281 311 45 266
13 6 7 13 6 7 12 5 7
4 .... 4 4 .. 4 3 3
3 (") 3 3 (*) 3 7 7
26 ..... 26 26 .. 26 80 80
8 ..... 8 8 8 10 10
8 .... 8 8 ...... 8 28 ...... 28
33 ..... 33 33 33 1 .. 1
1 ...... 1 1 1 2 2
809 .... 809 809 ...... 809 790 ..... 790
1 ... 1 I ...... 1
1 .... 1 1 .. 1 10 10

1,691 513 1,178 1.691 513 1,178 1,760 468 1,293


117 117 117 ... 117 119 119
65 5 60 65 5 60 172 4 168

182 5 176 182 5 176 291 4 287


2 3 -1 2 3 -1 8 18 -10
44 61 -17 44 61 -17 75 84 -9
(' ) ( ) (' ) ... ( ) 28 ..28

46 64 -18 46 64 -18 111 103 9


5 10 -5 5 10 -5 6 12 -6
254 254 254 254 283 283
26 .. 26 26 26 16 16
12 12 12 12 8 8
6 6 6 6 4 4

302 10 292 302 10 292 317 12 305

76 ..... 76 76 ..... 76 68 .. 68
1 1. 1 1 1 1.

2,298 592 1,706 2,298 592 1,706 2,549 587 1,962


Table continued on next page.







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


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

Gross Applicable Gross Applicable Ou Gross Applicable outlays
Outlays Receipts Outays Outlays Receipts ays Outlays Receipts Oas


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

Total-Land and minerals management .....

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

Total-Water and science .....

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

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

Bureau of Indian Affairs:
Operation of Indian programs ..... ..
Construction ..... ...
Indian tribal funds ........ .
O their ............... ..

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

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


58 $1 57 58 $1 57 78 (*) 78
10 10 10 10 13 13
13 13 13 13 13 13
41 41 41 41 33 33
11 2 9 11 2 9 11 $2 10

133 4 129 133 4 129 149 2 147


46 46 46 46 46 46
87 ..... 87 87 87 84 84

134 134 134 134 130 130


86 86 86 86 79 79
8 8 8 8 7 7
29 29 29 29 14 14
17 1 16 17 1 16 6 (") 5

139 1 139 139 1 139 107 (") 106

107 107 107 107 125 125
4 4 4 4 6 6



137 -137 137 -137 113 -113
(") ("*) ( *) ('*) (*) (")

770 141 629 770 141 629 707 115 592


65 65 65 65 85 85
151 151 151 151 85 85
38 38 38 38 34 34
96 .. 96 96 96 76 76
87 4 83 87 4 83 55 4 51
36 ... 36 36 36 20 20
42 42 42 42 46 46

515 4 511 515 4 511 401 4 397



260 ..... 260 260 ... 260 280 280
25 .... 25 25 25 23 23
9 .... 9 9 ...... 9 11 11

5 5 5 ... 5 9 9


4 4 4 ...... 4 5 5


Table continued on next page.


Classification


I I j









Table 5. Outlays of the U.S. Government, October 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 utas Outlays Receipts la Outlays Receipts Oay


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

Total-Unemployment trust fund..

Total-Employment and Training Administration

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

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

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

Total-Administration of Foreign Affairs.

International Organizations and Conferences
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
Other
Other programs

Total-Federal Highway Administration

National Highway Traffic Safety Administration


$820
195
9
12

6
1

1,043

1,346


1,043


1,043 1,043


$809
183
4
6

9
3

1,012

1,340


1.0


3 3 3 3 5 5
58 $15 43 58 $15 43 29 $8 20

12 12 12 .12 12 12
-654 .... 654 -654 ... -654 -536 ...... 536
51 51 51 .... 51 52 ...... 52
6 6 6 .. 6 6 6
14 14 14 14 12 12
16 16 16 16 16 16
11 11 11 11 10 10
11 11 11 ...... 11 6 6
1 -1 1 -1 (*) ( *)
-23 -23 -23 -23 -26 -26

851 16 835 851 16 835 926 9 917



77 77 77 77 136 136
19 19 19 19 36 36

108 108 108 ..... 108 14 14
26 26 26 26 23 23
6 .. 6 6 6 1 1

235 235 235 235 210 210

256 256 256 256 60 60
38 38 38 38 39 39
5 5 5 5 3 3
8 8 8 8 5 .... 5
S (* ) (") (") (") (") (")
148 -148 -148 ...... -148 -14 -14

393 (') 393 393 (*) 393 302 (') 302




1.394 1,394 1,394 1,394 1,274 1,274
12 12 12 12 2 2
7 7 7 7 8 8

1.413 1,413 1,413 1,413 1,284 1,284

15 15 15 ... 15 15 15


Table continued on next page.









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

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts Outlays Oas Outlays Receipts ReceiptsOu
Outlys Rceips ~Outlays


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

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

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

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

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

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

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

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

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

Department of the Treasury:
Departmental Offices:
Exchange stabilization fund .... .......
O other ............ .........

Financial Management Service:
Salaries and expenses ............... .......
Claims, Judgements, and Relief Acts .. ..........
Energy Security Reserve ............... .......
Other .... .............. .........

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

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


169 169 169 .. 169 139 139
61 61 61 61 68 68
43 .43 43 ..... 43 66 66

327 327 327 327 236 236
3 3 3 3 2 2

52 52 52 52 68 68
24 24 24 24 55 55
6 ... 6 6 .6 7 7
(* *) (" ) (* ) (* '*)

83 ...... 83 83 83 130 130

413 413 413 ...... 413 368 368


150 ..... 150 150 150 202 202
20 20 20 20 46 46
32 ... 32 32 32 27 27
14 $1 13 14 $1 13 13 (") 13

216 1 215 216 1 215 289 ( ) 288


44 47 -3 44 47 -3 37 $31 6
11 ... 11 11 ... 11 18 18
5 5 6 5 7 7
36 1 35 36 1 35 26 1 25
... 1 1 1 1 (**) (**)
1 ..... -1 -1 -1 -1 -1

2,449 49 2,400 2,449 49 2,400 2,332 32 2,300



-164 3 -167 -164 3 -167 -172 -172
2 ...... 2 2 2 8 8


18 18 18 18 12 12
89 ... 89 89 89 8 8
7 .. 7 7 ..... 7 6 6
18 .... 18 18 18 10 10

132 ..... 132 132 132 36 36

435 580 -144 435 580 -144 516 664 -148

21 21 21 21 14 .14
54 ..... 54 54 54 20 20
145 145 145 .... 145 118 118
8 ... 8 8 .8 -6 -6
18 18 18 18 16 16
20 20 20 20 7 7


Table continued on next page.









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

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


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

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

United States Secret Service ..................
Comptroller of the Currency ........
Interest on the public debt:
Public issues (accrual basis) .............. ..
Special issues (cash basis) .........

Total-Interest on the public debt

O their ........... ......
Proprietary receipts from the public ....
Receipts from off-budget Federal entities... ..
Intrabudgetary transactions .............. .. .......

Total-Department of the Treasury ................

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

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

General Services Administration:
Real property activities .. ...........
Personal property activities ...... ...
Information Resources Management Service .
Federal property resources activities .........
General activities .. ........... ....... .
Proprietary receipts from the public .......
O their ........ .. ...... .

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

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

Office of Personnel Management:
Government payment for annuitants, employees
health benefits .. .. ..
Payment to civil service retirement and disability fund
Civil service retirement and disability fund .....
Employees health benefits fund ...
Employees life insurance fund ..
Retired employees health benefits fund ...
O their ........ .. ..
Intrabudgetary transactions:
Civil service retirement and disability fund:
General fund contributions ......
Other .....

Total-Office of Personnel Management ............


$10
180
224
162
9
205
(")


$10
180
224
162
9
205
(* ) (*")


$10
180
224
162
9
205
(**)


$10
180
224
162
9
205
(*) (")


$9 ...... $9
104 104
142 142
94 .... 94
6 6
115 ..... 115
2 2


789 ( ) 788 789 ( ) 788 472 .... 472

41 .... 41 41 41 32 32
23 $1 22 23 $1 22 18 (*) 17

14,686 .. 14,686 14,686 .. 14,686 13,573 13,573
471 471 471 ...... 471 542 542

15.157 15,157 15,157 .. 15,157 14,115 14,115

3 .. 3 3 3 1 1
...... 253 -253 253 -253 $309 -309

-2,010 -2,010 -2,010 -2,010 -2,426 -2,426

14,676 838 13,838 14,676 838 13,838 12,770 974 11,796


68 68 68 68 56 56
17 17 17 17 19 19
39 ...... 39 39 ... 39 44 44
163 163 163 163 225 225
63 63 63 63 49 49
153 ( *) 153 153 (") 153 -113 (') -114
3 -3 3 -3 1 -1
-150 .. -150 -150 -150 114 114

353 3 350 353 3 350 394 1 393


-439 .... -439 -439 -439 -436 -436
-57 ... -57 -57 -57 -7 -7
32 .. 32 32 .32 -95 .. -95
1 1 1 1 3 3
11 11 11 11 11 11
23 -23 ... 23 -23 ..... 43 -43
-22 22 -22 22 -22 22

-452 2 -454 -452 2 -454 -524 21 -545


313 313 313 313 334 334
532 532 532 532 484 .484
30 30 30 30 7 7
139 .. 139 139 .139 112 .. 112
-15 -15 -15 -15 .

998 ...... 998 998 ...... 998 936 ..... 936



32 .. 32 32 32 144 .. 144

2,321 ..... 2,321 2,321 2,321 2,239 .. 2239
810 583 227 810 583 227 658 662 4
90 81 9 90 81 9 83 66 18
1 1 (**) 1 1 (") 1 1 (")
13 13 13 13 5 ... 5



-2 -2 -2 -2 -3 -3

3,265 665 2,601 3,265 665 2,601 3,129 728 2,400


Table continued on next page.


--









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

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


Small Business Administration:
Public enterprise funds:
Business loan and investment fund 72
Disaster loan fund ..... ... 7
Other .......... ........... 2
O their ................... 30

Total-Small Business Administration ............. 111

Veterans Administration:
Public enterprise funds:
Loan guaranty revolving fund..... 239
Direct loan revolving fund .................... 1
O their ............ ........ 52
Compensation and pensions .... ... 672
Readjustment benefits ........... 31
Medical care .. .... .... 884
Medical and prosthetic research ... ....... 16
General operating expenses ..... .....46
Construction projects .................. ....... 57
Post-Vietnam era veterans education account .... 22
Insurance funds:
National service life .............. ......... 85
United States government life 3. ........ .. 3
Veterans special life ... .. .......... 6
O their ............... .... .. ...... 3
Proprietary receipts from the public:
National service life .. ........... ......
United States government life ..
O their ... ..... .. .......
Intrabudgetary transactions .... .. -45

Total-Veterans Administration ................... 2,072

Independent agencies:
Action ............... .. ... ......... 9
Board for International Broadcasting .......... 26
Corporation for Public Broadcasting ......... 228
District of Columbia:
Federal payment ........ .. ......... .. .. 513
Proprietary receipts from the public...........
Equal Employment Opportunity Commission ........ 17
Export-Import Bank of the United States .... 65
Federal Communications Commission ......... 9
Federal Deposit Insurance Corporation ...... 3675
Federal Emergency Management Agency:
Public Enterprise Funds .... .... ... 7
Disaster Relief ........ .. .. .... ... 4
Salaries and expenses ... ..... ... 16
Emergency management and planning assistance. 20
Emergency food distribution and shelter program 1
Federal Home Loan Bank Board:
Public enterprise funds:
Federal Home Loan Bank Board revolving fund..... 5
Federal Savings and Loan Insurance Corp. fund ..... 1,009
Federal Trade Commission ................ 5
Intragovernmental agencies:
Appalachian Regional Commission ........ 11
Washington Metropolitan Area Transit Authority.....
O their ................ .. (" )
Interstate Commerce Commission ... ........ 5
Legal Services Corporation ................ ..... 25
National Archives and Records Administration ........ 8
National Credit Union Administration:
Central liquidity facility ............... ... 24
Credit union share insurance fund............... 21
Other ................ ............. ...... -4


$72 $72
7 48
2 2
30


(" ) $202
-$41 140
("*) 5
30 27


122 -12 111 122 -12 374 133 241



103 136 239 103 136 235 79 156
3 -2 1 3 -2 1 4 -2
32 20 52 32 20 35 34 2
672 672 ..... 672 2,352 2,352
31 31 31 86 86
884 884 ..... 884 754 754
16 16 .16 17 ... 17
46 46 46 179 ...... 179
57 57 57 50 ..... 50
22 22 22 36 36

85 85 85 86 ...... 86
.3 3 3 3 .. 3
4 2 6 4 2 5 4 (*)
3 3 .. 3 3 3

35 -35 35 -35 ...... 34 -34
(**) (* ) (* ) (* *) ) (") ( *)
40 -40 40 -40 .37 -37
-45 -45 -45 -10 -10

218 1,854 2,072 218 1,854 3,831 191 3,639


34

175
10
1,543

56


4 1
354 655
5

(**) 11

(")
5
25
8

22 3
1 20
(*) -4


9 ...
26
228

513
34
17
65 175
9 10
675 1,543

7 56
4 .
16
20 ...
1


5 4
1,009 354
5

11 (*")

(")
5 .
25
8 ...

24 22
21 1
-4 ("*)


9 1
26 20
228 214

513 107
-34
17 11
-110 65
-1 10
-868 1,238

-49 15
4 -2
16 10
20 17
1 -1


1 6
655 98
5 3

11 15

(" ) (")
5 3
25 27
8 4

3 57
20 55
-4 -5


5 1
720 -622
3

("*) 15

(")
3
27
4

44 13
-8 64
(**) -5


Table continued on next page.









Table 5. Outlays of the U.S. Government, October 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 Outays Outlays Receipts Otys Outlays Receipts O y


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

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

Total-Railroad Retirement Board ...... .

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

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

Undistributed offsetting receipts:
Other Interest ... .....
Employer share, employee retirement:
Legislative Branch:
United States Tax Court:
Tax court judges survivors annuity fund ..
The Judiciary:
Judicial survivors annuity fund .............
Department of Defense-Civil:
Military retirement fund . ..
Department of Health and Human Services:
Federal old-age and survivors insurance trust fund
(OFF-BUDGET) .. .. .........
Federal disability insurance trust fund
(OFF-BUDGET) ........ .......
Federal hospital insurance trust fund .....
Department of State:
Foreign Service retirement and disability fund ......
Office of Personnel Management:
Civil Service retirement and disability fund

Subtotal .. .....


$13 .... $13
10 10
5 ..... 5
17 17
133 ...... 133
36 36
68 $36 32

52,883 3,138 -256
109 109


$13 .... $13 $15 ..
10 10 12 .
5 .5 5
17 ... 17 6
133 .. 133 130 .
36 ...... 36 41 .
68 $36 32 38 $39

2,883 3,138 -256 3,582 3,357
109 .... 109 129


29 29
73 73


-10 -10
-63 .... -63

574 .. 574

9 9
15 15
502 894 -393
65 (") 65
65 4 60

7,202 6,272 930


29 31


29 31
73 112

(**)

330 323
205 192

-68 -65

-4 -4
68 65
3 3
4 6
7 2
("*) (**)


-10 -10 -12 -12
-63 -63 -100 -100

574 574 553 553

9 9 11 11
15 15 3 3
502 894 -393 582 443 138
65 (*) 65 64 (*) 64
65 4 60 71 3 67

7,202 6,272 930 7,211 5,810 1,401


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



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



-1,468 ..... -1,468 -1,468 --1,468 -1,539 -1,539


-289 .... -289 -289 -289 -308 -308

-28 .. -28 -28 .. -28 -29 .. -29
139 .... -139 -139 -139 -136 136

-4 -4 -4 -4 -4 -4

-547 ..... -547 -547 -547 -550 .. -550

-2,476 .. -2.476 -2.476 -2,476 -2.567 -2.567


Table continued on next page.


~









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


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

Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts Outlays Outlays Receipts Outlays Outlays Receipts Outlays
N


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:
Other .. ... ....................... .......
Post-closure liability trust fund ..................
National Aeronautics and Space Administration .....
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 ............................


-5 ...... -5 -5 .. -5 -3 .... .. -3
$275 -275 .. $275 -275 .. $99 -99


-2,647 275 -2,921 -2,647 275 -2,921 -2,798 99 -2,897

105,367 14,281 91,086 105,367 14,281 91,086 106,694 13,531 93,164

88,226 14,281 73,945 88,226 14,281 73,945 90,509 13,531 76,979

17,141 (*) 17,141 17,141 ( ) 17,141 16,185 (") 16,185


27.440


28.097


* 658


27.440


30.810

30.986


28.097


- 658


- 176


MEMORANDUM

Receipts offset against outlays (In millions)

Current
Fiscal Year Comparable Period
to Date Prior Fiscal Year

Proprietary receipts ................. ................... $2,353 $2,308
Receipts from off-budget Federal entities ..............
Intrabudgetary transactions ...... ......... .. 17,825 17,828

Total receipts offset against outlays .. ... ............. 20,178 20,137

'Includes an estimate of $123 million not reported by Health Care Financing Administration.
2lncludes FICA and SECA tax credits, non-contributary military service credits, special benefits for the aged, and credit for unnegotiated OASI benefit checks
3lncludes $4 million of notes issued in lieu of cash payments.
4Includes $429 million of notes issued in lieu of cash payments.
5The Postal Service figure represents reporting for the full calendar month of October and is partially estimated. This estimate includes $563 million for Postal money orders between October
22nd and 31st.
No transactions.
('*) Less than $500,000.
Note: Details may not add to totals due to rounding.
Source: Financial Management Service, Department of the Treasury.


Classification


~""'~'









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

Net Transactions
Assets and Liabilities (-) denotes net reduction of either Account Balances
AssDirectly Related to liability or asset accounts Current Fiscal Year
Directly Related to
Budget and Off-budget Activity
Fiscal Year to Date Beginning of
This Month Close mo
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:'
Federal Reserve account ..... ............... ..
Tax and loan note accounts ............... ...........

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

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

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

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

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

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

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

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

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

Excess of liabilities (+) or assets (-) ........ ... ............

Transactions not applied to current year's surplus or deficit
(See Schedule A for details) ...
Total budget and off-budget federal entitles
[Financing of deficit (+) or disposition of surplus (-)] ............


$22,120


$22,120 $34,678 $2.587,338 $2,587,338 $2,609,458
I5 14d4 14 4r 1AiA


22,120 22.120 34,523 2,602,183 2,602,183 2,624,303

387 387 -156 12,398 12.398 12,784

22,507 22,507 34,367 2,614,581 2,614,581 2,637,088



11,792 11,792 6,994 550,649 550.649 562,440

10,716 10,716 27,374 2,063,932 2,063,932 2,074,648

7 7 -1,271 -13,902 -13.902 -13,896

10,722 10,722 26,103 2,050,030 2,050,030 2,060.752

4.526 4,526 6,533 34,067 34,067 38.592
272 272 203 6.322 6,322 6,594
-45 -45 -249 8,505 8,505 8,460
-1,376 -1,376 -2,868 10,368 10,368 8.992

14,099 14,099 29,723 2,109,292 2,109,292 2,123,391




-6,872 -6,872 -221 13,024 13,024 6,151
-6,876 -6,876 2,101 31,375 31,375 24,499

-13,748 -13,748 1,879 44,398 44,398 30.650


390 390 295 9,074 9,074 9,464
........ ... .. -5.018 -5,018 -5.018

390 390 295 4,056 4,056 4.446



19.699 19,699 19,699
995 995 743 3,423 3.423 4.417
-1 -1 -107 -14,709 -14,709 -14,710
26 26 3 -62 -62 -36
-593 -593 -412 996 996 403

427 427 227 9,347 9.347 9,773

12 12 16 288 288 301
-948 -948 -399 10,314 10.314 9,366

-13,866 -13,866 2,018 68,403 68,403 54,537

577 577 -3.060 4,635 4.635 5.212

-13,289 -13,289 -1,043 73,038 73,038 59,749

+ 27,389 +27,389 +30,765 +2,036,254 +2,036,254 + 2,063,643


51 51 45 .. ... 51

+27,440 +27,440 +30,810 +2,036,254 +2,036,254 +2,063.694


'Major sources of information used to determine Treasury's ooeial-.. casn .nciue the Daily Balance Wires from Federal Reserve Banks, reporting from the Bureau of Public Debt. electronic
transfers through the Treasury Financial Communications System ar.i re:.on,.i.rq g .ras from Internal Revenue Service Centers Operating cash is presented on a modified cash basis, deposits are
reflected, as received, and withdrawals are reflected as processed
No transactions
Note Details may not add to totals due to rounding
Source Financial Management Service. Department of the Treasury








Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, October 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.. $2,036,254 $2,036,254 $1,880,606
Adjustments during current fiscal year for changes in
composition of unified budget.
Classification of FDIC securities as budgetary transactions
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) 2.036,254 2,036,254 1,882,263
Budget surplus (-) or deficit:
Based on composition of unified budget in prior fiscal year ... 27,440 27,440 30,810
Changes in composition of unified budget

Total surplus (-) or deficit (Table 2) ....... 27,440 27,440 30,810

Total-on-budget (Table 2) ........... ............ 28,097 28,097 30,986

Total-off-budget (Table 2) .... -658 -658 -176

Transactions not applied to current year's surplus or deficit:
Seigniorage ................... ... ........... -51 -51 -44
Increment on gold .....
Proceeds from currency .... ......... .......
Proceeds from sales of loan assets with recourse .
Profit on sale of gold
Net gain (-)/loss for IMF loan valuation adjustment. ..... (")

Total-transactions not applied to current year's
surplus or deficit ... .. ..... -51 -51 -45

Excess of liabilities close of period ......................... 2,063,643 2,063,643 1,913,028


Table 6. Schedule B-Securities issued by Federal Agencies Under Special Financing Authorities, October 1988 and
Other Periods (in millions)

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


Agency securities, Issued under special financing authorities:
Obligations of the United States, issued by:
Export-Import Bank of the United States ..... .......... .... ..... ( ) (") (")
Federal Deposit Insurance Corporation .. ... -$2 -$2 -$119 $882 $882 $880
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation ...... ... 2395 395 -40 9.733 9.733 10,128
Obligations guaranteed by the United States, issued by:
Department of Defense:
Family housing mortgages .. ..... ........ -3 -3 (") 11 11 8
Department of Housing and Urban Development:
Federal Housing Administration .......................... -2 -2 4 120 120 118
Department of the Interior:
Bureau of Land Management ..................... (") 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 -2 9 9 7
Department of Housing and Urban Development:
Government National Mortgage Association ... ........
Independent agencies:
Postal Service .. .... .. ......... ...... 250 250 250
Tennessee Valley Authority .. ..... ....... .... 1,380 1,380 1.380

Total agency securities ................................ 387 387 -156 12,398 12,398 12,784

'Includes $4 million of notes issued in lieu of cash payments
2lncludes $429 million of notes issued in lieu of cash payments.
No transactions
(**)Less than $500,000
Note: Details may not add to totals due to rounding
Source: Financial Manage&rer.i Service, Department of the Treasury








Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Public Debt Securities,
October 1988 and Other Periods (in millions)


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

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


$45 $45 $45
$260 $260 260
5,975 -5,975 -$11.198 11.759 11,759 5,784


1 113
621 -621 -165 131,300

75 2,056
20 1,937


50
25
43 60 7,865
759


3,455
2,165
-1,435


-2,160 6,276
-1,299 10,837
-500 3,576
113


1,792

250 250 150 6,226
850


252
2,128
196 196 189 2,255

-5 11
.. 515
6


113
131.300

2,056
1.937

50
25
7,865
759

6.276
10,837
3,576
113

1,105


1,792

6.226
850


252
2,128
2,255

11
515
6


113
130.679

2.056
1,937

50
25
7,908
759

2.821
8,672
2.141
113


6,476
850


252
2.128
2,451


92 92

20 20
150 150


1.730


1.730


12,925 -12,925 -14,832 193,843 193,843


180,918








Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Public Debt Securities,
October 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 Development Insurance Fund ......... ...
Rural housing 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 ..........


$429 $429


$681 $16,088 $16,088 $15.659


29 23,345 23,345


75 27,625
4,900
25,971
1,759

4,910
50

182

2,037
1 318


27,625
4,900
25.971
1,759

4,910
50

182

2,037
318


387 387


96 141 899 899

23 -6 1,521 1,521


.... .....10,958
2 2 13 118
5,592
359 -359 247 19,293
177


10,958
118
5,592
19,293
177


697 -697 -331 146,234 146,234


23.361

27,625
4,900
25,971
1,759

4,910
50

182

2,037
316


387


.. No transactions.
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.


10.958
121
5,592
18,934
177

145,537








Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, October 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 .... ....... .......
Other .............. ...... ...
Department of the Interior:
Public Debt Securities ............ .............
Agency Securities ............... ......

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:
Military Retirement Fund .. .
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.


$9 $9 $9
( ) (") (") 19 19 19
$68 $68 $62 1,763 1,763 1,831
... .. 1 . .


6,205


6,205


22 22
65 65


13 1,625
3 12


6,171



22
65

1,635
12






190

1,020
2

716

191

1,193

633


193 193


18 763 763

2 189 189


241 -241 204 1,433 1,433

-2 -2 -5 635 635


114 114 981


88 88


15 403 403


-269 -269 602 1,640

191 191 -629 3.949
-16 -16 -41 1,802
6 6 7 1.653


1,640

3,949
1,802
1.653


202

403

1,371

4,140
1.786
1.658


-230 -230 1,255 23,420 23,420 23.189
.... -12 80 80 80

-230 -230 1,243 23,499 23,499 23,269


(**) (**)


(") 128 128

-6 -6 (*) 8 8

(") (*) (") 9 9


8,589
31


8,589
31


41,310 41,310
897 897


964 964 439 97,137 97.137

-241 -241 -369 7.345 7.345

453 453 -221 66,078 66,078

827 827 324 6,326 6.326
1 6 6


3
1


28

2


8

49.899
928


98.101

7.104

66.531

7.153
6









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


Trust funds:-Continued
Department of the Interior:
Public debt securities .. ...... .
Agency securities ...... .

Department of Labor:
Unemployment trust fund ......
Other ...... .................
Department of State:
Foreign service retirement and disability fund
Other ..................

Department of Transportation:
Airport and airway trust fund .............. ..
Highway trust fund
Other .... .

Department of the Treasury. .......
Environmental Protection Agency ..
National Aeronautics and Space Administration
Office of Personnel Management:
Civil service retirement and disability fund:
Public debt securities .... .. ....
Agency securities ....... ..........
Employees health benefits fund ............
Employees life insurance fund .......
Retired employees health benefits fund .........
Veterans Administration:
Government life insurance fund ......
National service life insurance:
Public debt securities
Agency securities
Veterans special life insurance fund .........
General Post Fund National Homes ..
Independent agencies:
Federal Deposit Insurance Corporation
Federal Emergency Management Agency ..........
Harry S. Truman Memorial Scholarship Trust Fund ...
Japan-United States Friendship Commission .
Railroad Retirement Board ......
Other ....... ...........

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

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


$2 -$2 $63 $181 $181
35 35 .. 122 122


2,073
-4

84



273
330
--3

-14
48
15


-1,390

-219
-8


-3

-52

-2


124

1
-1
118
1

11,986
35

12,022


2,073
-4

84



273
330
-3

-14
48
15


1,390

-219
-8


-3

-52

-2


124

1
-1
118
1

11,986
35

12,022


36,197
32

3,924


129 11,132
565 13,448
-3 429

-15 204
71 1,468


1,218

8
10
(*-)


195,048

1,564
8.845
1


-3 201

-45 10.440

(") 1,168
22

-958 15.565
1
(") 46
18
125 7,783
1 63

5,751 527.028
122

5,751 527,150


36,197
32

3.924



11,132
13,448
429

204
1.468



195,048

1,564
8,845
1

201

10.440

1,168
22

15,565

46
18
7.783
63

527,028
122

527,150


$178
157


38,271
28

4,008



11,405
13,778
426

190
1.517
15


193,658

1,345
8.837
1

198

10.388

1,167
22

15,688

47
17
7.901
64

539,014
157

539,171


11,792 11,792


6,994 550,649 550,649 562,440


.. 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


Grand total


~


~









Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 1989 (in millions)


Fiscal Com-
"ac" parable
Classification Oct. Nov. Dec. Jan. Feb. March April May June July Aug. Sept. Year Periodable
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
Other .......... ....
Department of Agriculture:
Foreign assistance, special export
programs and Commodity Credit
Corporation ..................
O their ........................
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 Security:
Public Health Service ..........
Health Care Financing
Administration:
Grants to States for Medicaid ..
Federal hospital ins. trust fund .
Federal supp. med. ins. trust
fund .................. ..
Other ..... ...............
Social Security Administration ....
Family Support Administration....
Human Development Service ....
O their .......................
Department of Health and Human
Services, Social Security:
Federal old-age and survivors ins.
trust fund ..... ...
Federal disability ins, trust
fund .... .. .
O their ... .......... ....

Table continued on next page.


$31,287
1,794



22,400
1,101
347
3,134
662
1,381
1,540


$31,287 $32,429
1,794 1,855


22,400
1,101
347
3,134
662
1,381
1,540


20,791
956
431
2,551
608
1,340
1,392


63,646 63,646 .....

45,847 45,847 .....

17,799 17,799 ...

62,354 ..... 62,354

45,992 ...... 45,992

16,362 ...... 16.362


157 157 157
100 100 83
13 13 8

1,406 1,406 871
683 683 464
-303 -303 -82



2.667 2,667 5.115
3,102 3,102 2,530
209 209 153


6,627 6,627 7,423
8,978 8.978 8,506
7,910 7,910 8,060
1,675 1,675 1,285

25,188 25,188 25,274


16,512

1,866
-897


16.512

1,866
897


970


2,444
4.119

3.022
1,775
2,640
950
413
-2,324



15,507

1,895
-824









Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 1989 (in millions)-Continued


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


Outlays-Continued
Department of Housing and Urban
Development ..................
Department of the Interior .........
Department of Justice ...........
Department of Labor:
Unemployment trust fund........
O their ............. ...... .
Department of State.......... ...
Department of Transportation:
Highway trust fund ........... .
Other ......................
Department of the Treasury:
Interest on the public debt .....
O their ... ..................
Environmental Protection Agency ...
General Services Administration ....
National Aeronautics and Space
Administration ...............
Office of Personnel Management ...
Small Business Administration .....
Veterans Administration:
Compensation and pensions .....
National service life ..........
Government service life .........
Other ........ .... ......
Independent agencies:
Postal Service ........... .....
Tennessee Valley Authority ......
Other independent agencies .....
Undistributed offsetting receipts:
Employer share, employee
retirem ent ................
Interest received by trust funds...
Rents and royalties on Outer
Continental Shelf lands ........
Other ...................

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) ...................

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


$1,706
629
511

1,043
-208
393

1,406
994

15,157
-1,319
350
-454

998
2,601
-12

672
50
3
1,129

-146
-393
1,469


$1.706
629
511

1,043
-208
393

1,406
994

15,157
-1,319
350
-454

998
2,601
-12

672
50
3
1,129

-146
-393
1,469


$1,962
592
397

1,012
-95
302

1,276
1,024

14,115
-2,318
393
-545

936
2,400
241

2,352
52
3
1.232

355
138
908


91,086 91,086 .....

73,945 73,945 .....

17,141 17,141 .....

-27,440 -27,440 .....

-28,097 -28,097 .....

+658 +658 .....

93,164 .... 93,164

76,979 ... 76,979

16,185 ..... 16,185


-30,810 ..... -30,810

-30,986 ...... -30986

+176 ....... +176


...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 October 31, 1988


Trust receipts, outlays, and Investments held:
A irpo rt ..........................
Black lung disability ... .......... .
FDIC .. ......... ...........
Federal disability insurance ............
Federal employees life and health ....
Federal employees retirement ..........
Federal hospital insurance ......
Federal old-age and survivors insurance
Federal supplementary medical insurance...
Highways .......... ..............
Military advances ...... ...... .
Railroad retirement .................
Military retirement ... .....
Unemployment ... ... ..
Veterans life insurance ................
All other trust ...............


$273 $83 $190 $273 $83 $190 $11,132 $11,132
52 51 1 52 51 1
-868 868 ..... -868 868 15,565 15,565
1,634 1,866 -232 1,634 1,866 -232 7,345 7,345
236 -236 ...... 236 -236 10,409 10,409
1,090 2.348 -1,258 1,090 2,348 -1,258 199,100 199.100
4,471 3.729 742 4,471 3,729 742 66,078 66,078
17,402 16,512 890 17,402 16,512 890 97,137 97,137
3,135 2,633 501 3.135 2,633 501 6,326 6,326
1,310 1,406 -96 1,310 1,406 -96 13,448 13.448
534 616 -82 534 616 -82
385 545 -160 385 545 -160 7,783 7,783
11,235 1,622 9,612 11,235 1,622 9,612 41.310 41,310
1,151 1,043 108 1,151 1,043 108 36,197 36,197
36 90 -53 36 90 -53 11,810 11,810
485 328 157 485 328 157 3,509 3,509


Total trust fund receipts and outlays and
Investments held from Table 6-D..... 43,194 32,242 10,952 43,194 32,242 10,952 527,150 527,150


Interfund transactions


... .. -16,142 -16 142


16 142 -16 142


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


27,052 '6 100 10952 27052 16 100 0 952


Total federal fund receipts and outlays ..... 38,088 76.480 38.391 38.088 76.480 -38.391


Interfund transactions


50 -50


50 -50


Federal fund receipts & outlays on the basis
of table 4 & 5 ... ...... ......


Offsetting proprietary receipts ...........


38 038 76 430 38 391 38 038 76 430 38 391


- 1 444 1444 -4 1 44 444


Net budget receipts & outlays. ............. 63,646 91.086 -27.440 63.646 91.086 27.440


.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 due to rounding
Source: Financial Management Service, Department of the Treasury.


$11,405

15,688
7,104
10,182
197,794
66,531
98,101
7.153
13,778

7.901
49,899
38,271
11,753
3,610


539,171








Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, October 1988
and Other Periods (in millions)


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

RECEIPTS
Individual income taxes ............................... $31.287 $31.287 $32,429
Corporation income taxes ........ .. 1,794 1,794 1,855
Social insurance taxes and contributions:
Employment taxes and contributions ........... 22,400 22,400 20.791
Unemployment insurance .... .. ......... 1,101 1,101 956
Other retirement contributions ............ .... .. 347 347 431
Excise taxes .. ......... .... .. .. 3,134 3,134 2.551
Estate and gift taxes ...... ....... 662 662 608
Custom s ........... ................ ...... ... 1,381 1,381 1,340
Miscellaneous .............. ............. 1540 1,540 1,392

Total .................. ....................... 63,646 63,646 62,354

NET OUTLAYS
National defense ........................ .. 25,938 25,938 25,924
International affairs ........ .... .... ..... 2,176 2,176 1.004
General science, space, and technology ...... ............. 1,136 1,136 1,118
Energy ..................... ..... .. .... 366 366 499
Natural resources and environment ....................... 1,451 1,451 1,336
Agriculture ................... ...... .... 3.025 3.025 5.177
Commerce and housing credit ......................... 477 477 1,585
Transportation .. .. ........ .................... 2,504 2,504 2.306
Community and regional development ..... .. 648 648 742
Education, training, employment and social services ... .. 2,644 2.644 2,455
Health .. ....... ........................ 3,994 3,994 3,613
Medicare .............. ................... ..... 5,573 5,573 6,576
Income security .................. ....... 8,855 8,855 10,322
Social security ................... ................ 18,378 18.378 17,403
Veterans benefits and services ................ 1.857 1,857 3.645
Administration of justice .. .... ..... 865 865 675
General government .... ............................ 934 934 11
Interest ................ .. ....... 13,014 13,014 11,437
Undistributed offsetting receipts ... ....... .. ....... -2.751 -2,751 -2,666

Total .......................................... 91,086 91,086 93,164


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


GPO 936-635








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 ,r,.: ludirn 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, Gairierourg.
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 November 1988 Statement
will be 2:00 p.m. EST December 21, 1988.




























For sale by the Superintendent of Documents, U.S. Government Printing
Office, Washington, D.C. 20402 (202) 783-3238. The subscription price is
$22.00 per year (domestic), $27.50 per year (foreign).
No single copies are sold.






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