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

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Monthly Treasury statement of receipts and outlays of the United States government for period from ..
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United States -- Dept. of the Treasury. -- Financial Management Service
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Full Text


Monthly Treasury Statement
of Receipts and Outlays of the United States Government For Fiscal Year 1996 Through June 30, 1996, and Other Periods





Highlight


This issue includes the semi-annual interest payment to trust funds investing in government securities.


The budget estimates provided in Tables 2 and 3 are based on the Mid-Session Review of the FY 1997 Budget, released by the Office of Management and Budget on July 16, 1996.



RECEIPTS, OUTLAYS, AND SURPLUS/DEFICIT
THROUGH JUNE 1996



Contents
Summary, page 2
B OTASReceipts, page 6

1L00 Outlays, page 7

L 600-Means of financing, page 20

[ ECIPTSReceipts/outlays by month, page 26 N Federal trust funds/securities, page 28
S 200-Receipts by source/outlays by D EFICITfunction, page 29 0-1- Explanatory notes, page 30

I L

Compiled and Published by


Department of the Treasury

Financial Management Service Wf






Introduction
The Monthly Treasury Statement of Receipts and Outlays of the United States of receipts are treated as deductions from gross receipts; revolving and manageGovernment (MTS) is prepared by the Financial Management Service, Department of ment fund receipts, reimbursements and refunds of monies previously expended are the Treasury, and after approval by the Fiscal Assistant Secretary of the Treasury, is treated as deductions from gross outlays; and interest on the public debt (public normally released on the 15th workday of the month following the reporting month. issues) is recognized on the accrual basis. Major information sources include The publication is based on data provided by Federal entities, disbursing officers, accounting data reported by Federal entities, disbursing officers, and Federal and Federal Reserve banks, Reserve banks.


Audience Tried of Publications
The MTS is published to meet the needs of: Those responsible for or interested The MTS is part of a triad of Treasury financial reports. The Daily Treasuty in the Gash position of the Treasury; Those who are responsible for or interested in Statement is published each working day of the Federal Government. It provides the Government's budget results; and individuals and businesses whose operations 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 depend upon or are related to the Government's financial operations. Government receipts and outlays, based on agency reporting. The U.S. Government
Annual Report is the official publication of the detailed receipts and outlays of the Disclosure Statement Government. It is published annually in accordance with legislative mandates given
This statement summarizes the financial activities of the Federal Government to the Secretary of the Treasury. 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 Data Sources and Information of financing the deficit or disposing of the surplus. Information is presented on a The Explanatory Notes section of this publication provides information concernmodified cash basis: receipts are accounted for on the basis of collections; refunds ing the flow of data into the MTS and sources of information relevant to the MTS.










Table 1. Summary of Receipts, Outlays, and the DeficiVSurplus of the U.S. Government, Fiscal Years 1995 and 1996,
by Month
[$ millions]

Period Receipts Outlays Deficill/Surplus


FY 1995
October ................... ... 89,024 120,365 31,342
November ........ ................. 87,673 124,915 37.242
December ................................ 130,810 135,613 4,803
January ........ ............... 131,801 116,166 -15,635
February ........ ................... 82,544 120,899 38,355
March .................................... 92,532 143,074 50,543
April ................... .................. 165,392 115,673 -49,720
May ... ......... ................... 90,405 129,958 39,553
June .......... ............... 147,868 135,054 -12,814
July ..................... ................. 92,749 106,328 13,579
August ....................... ..... 96,560 130,411 33,851
September ....................... .... 143,221 135,978 -7,243
Year-to-Date ........................... 11,350,578 11,514,434 1163,856
FY 1996
October ............... ..... 95,593 118,352 22,758
November ............................... 90,008 128,458 38,450
December ...... ......... ...... ..... 138,271 132,984 -5,286
January ....... ............ ..... 142,922 123,647 -19,274
February ................... .............. 89,349 133,644 44,295
March ........ ........................... 89,011 136,286 47,275
April ............ ....................... 203,386 130,993 -72,393
May ....... ..................... ........ 90,044 143,342 53,298
June ....... ...... ............. 151,919 117,818 -34,101
Year-to-Date ........................... 1,090,504 1,165,526 75,022

'The receipt, outlay and deficit figures differ from the FY 1997 Budget, released by the Office of Management and Budget on March 19, 1996 by $64 million due mainly to revisions in data following the release of the Final September Monthly Treasury Statement.













2






Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, June 1996 and
Other Periods
_______________[$ millions] _________ _________________Current Budget Prior Budget
ClsiiainThis FiclEstimates Fiscal Year Estimates
ClsiiainMonth Fsal oDt Full Fiscal to Date Next Fiscal
Yer oDaeYear'1 (1995) Year (1997)1



Total on-budget and off-budget results.
Total receipts .... ............ ................... 151,919 1,090,504 1,453,350 1,018,048 1,504,854
On-budget receipts ............. ..116,718 811, 976 1,085,659 751,934 1,117,443
Off-budget receipts ........... .. ........ .....35,201 278,528 367,691 266,114 387,411
Total outlays ...... _........................117,818 1,165,526 1,570,100 1,141,717 1,630,587

On-budget outlays ........................ 104,161 951,561 1,268,321 935,561 1,313,150
Off-budget outlays.................. ........ .... 13,657 213,945 301,779 206,156 317,437
Total surplus (+) or deficit (-) ...........................+34,101 -75,022 -116,750 -123,669 -125,733

On-budget surplus +)or deficit (-.................. ..+12,557 -139,605 -182,662 -183,628 -195,707
Off-budget surplus +)or deficit (-..............+21,544 +64,583 +65,912 +59,958 +69,974
Total on-budget and off-budget financing .......-34,101 75,022 116,750 123,669 125,733

Means of financing:
Borrowing from the public.......... ................ -8,619 90,347 143,668 151,208 147,069
Reduction of operating cash, increase (-) ....-33,519 -84 -2,051 -24,598
By other means........ ............. ...... ........ 8,037 -15,241 -24,867 -2,940 -21,336

'These figures are based on the Mid-Session Review of the FY 1997 Budget, released by the ..No Transactions.
Office of Management and Budget on July 16. 1996. Note: Details may not add to totals due to rounding,





Figure 1. Monthly Receipts, Outlays, and Budget Deficit/Surplus of the U.S. Government, Fiscal Years 1995 and 1996




$ billions


220
200- uly
180
160
140--A


100 r\,80- Receipts







-20-">


-60- Deficit(-)/Surplus


Oct. Dec. Feb. Apr. Jun. Aug. Oct. Dec. Feb. Apr. Jun.,


FY FY

95 96








3




Figure 2. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 1995 and 1996



$ billions
250


200- Total Receipts


150

ocial Security 100


50
Incore Taxes

0 _Other Taxes and Receipts
Oct. Dec. Feb. Apr. Jun. Aug. Oct. Dec. Feb. Apr. Jun.

FY FY
95 96



Figure 3. Monthly Outlays of the U.S. Government, by Function, Fiscal Years 1995 and 1996


$ billions
180

160 Total Outlays

140

120 Social Security & Medicare 100

80
Other Non-Defense 60

40
National Defense
20 -- --- ---
Interest]

0 1 1
Oct. Dec. Feb. Apr. Jun. Aug. Oct. Dec. Fel. Apr. Jun.

FY FY
95 96


4






Table 3. Summary of Receipts and Outlays of the U.S. Government, June 1996 and Other Periods [$ millions)

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

Budget Receipts
Individual income taxes ............ ........... 60,816 491,826 442,307 653,335
Corporation income taxes ............ ........ ........ 36,957 128,670 118,200 170,708
Social insurance taxes and contributions:
Employment taxes and contributions (off-budget) ....... 35,201 278,528 266,114 367,691
Employment taxes and contributions (on-budget) ....... 9,687 81,508 76,201 107,340
Unemployment insurance .... ......................... ....... 400 22,444 22,553 28,845
Other retirement contributions .... ........ ........ ......... 295 3,351 3,400 4,448
Excise taxes ...... ......... __ ................... ...... 4,310 40,159 41,949 56,413
Estate and gift taxes .......... ........ ........................ 1,141 12,665 10,939 16,975
Customs duties .. .... ................................ ....... 1,450 13,548 14,269 18,307
Miscellaneous receipts ........... ........ .............. 1,663 17,803 22,116 29,288
Total Receipts ................................................. 151,919 1,090,504 1,018,048 1,453,350
(On-budget) .................................................. 116,718 811,976 751,934 1,085,659
(Off-budget) ................................................. 35,201 278,528 266,114 367,691

Budget Outlays
Legislative Branch .................................... ... 167 1,673 2,019 2,695
The Judiciary .... ............... ....................... ........ 206 2,286 2,144 3,297
Executive Office of the President ............................... 14 151 159 203
Funds Appropriated to the President .... .................. 438 8,215 8,862 9,672
Department of Agriculture ......... .............................. 3,558 39,016 46,830 56,498
Department of Commerce .. ..................... .............. 239 2,738 2,570 3,762
Department of Defense-Military ................................ 18,776 189,148 194,429 254,803
Department of Defense-Civil ..................... ........ .... 2,635 24,287 23,508 32,338
Department of Education ......... ................... ..... 2,194 21,551 23,217 30,203
Department of Energy ... ............................... ........ 1,422 11,781 13,048 14,611
Department of Health and Human Services .................... 23,662 237,939 226,762 324,499
Department of Housing and Urban Development ....... ....... 1,348 20,109 21,998 26,353
Department of the Interior ..................... ....... .... 497 4,830 5,367 6,988
Department of Justice ............................................ 945 8,641 7,783 12,386
Department of Labor ............................... ........ 2,534 24,937 24,258 33,893
Department of State ...................... ........ ............. 332 3,559 4,196 5,385
Department of Transportation .......................... .... 3,194 27,962 28,300 39,760
Department of the Treasury:
Interest on the Public Debt ................................ 59,749 279,084 268,992 344,541
Other ....................................... ................... 1,753 20,885 15,297 21,759
Department of Veterans Affairs ...... ....................... 1,566 27,372 28,416 37,751
Environmental Protection Agency ................................ 478 4,502 4,682 6,286
General Services Administration .... ......................... 423 755 870 682
National Aeronautics and Space Administration ................. 1,155 10,187 9,910 14,215
Office of Personnel Management .... ........ ....... 3,893 31,984 30,831 42,471
Small Business Administration .............................. .... 38 495 639 1,027
Social Security Administration ... .... ...................... 32,685 280,451 271,325 376,703
Other independent agencies .................................. -2,313 1,644 -7,621 13,149
A llow ances ............ ......... ............................ ...... ...... .... 322
Undistributed offsetting receipts:
Interest ..... ................................ .............. ... -41,133 -95,926 -91,602 -97,570
Other ....... ................................. ........ -2,636 -24,730 -25,474 -47,938
Total outlays ................................................... 117,818 1,165,526 1,141,717 1,570,100

(On-budget) .................................................. 104,161 951,581 935,561 1,268,321
(Off-budget) ................................................. 13,657 213,945 206,156 301,779
Surplus (+) or deficit (-) .................................... +34,101 -75,022 -123,669 -116,750
(On-budget) .................................................. +12,557 -139,605 -183,628 -182,662

(Off-budget) ................................................. +21,544 +64,583 +59,958 +65,912

'These figures are based on the Mid-Session Review of the FY 1997 Budget, released by the
Office of Management and Budget on July 16, 1996
Note: Details may not add to totals due to rounding.














5






Table 4. Receipts of the U.S. Government, June 1996 and Other Periods [$ millions]
This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Refunds Racal Gross Refunds Gross Refunds [RaceIpt,
Receipts (Deduct) Pts Receipts (Deduct) Receipts Receipts (Deduct)

Individual income taxes:
W ithheld .. ... ...... __ ...... .................. .......... 35,941 401,637 380,440
Presidential Election Campaign Fund .......... ............ 10 60 60
Other .......... ...... 26,926 173,901 141,411
Total-individual income taxes ......................... 62,877 2,061 60,816 575,598 83,772 491,826 521,911 79,604 442,307
Corporation income taxes .................................... 37,950 992 36,957 143,303 14,633 128,670 132,943 14,743 118,200
Social insurance taxes and contributions:
Employment taxes and contributions:
Federal old-age and survivors ins. trust fund:
Federal Insurance Contributions Act taxes ............ 27,178 ...... 27,178 223,586 643 222,942 197,296 ...... 197,296
Self-Employment Contributions Act taxes ............. 2,713 ...... 2,713 13,370 ..... 1 13,370 14,710 ..... 14,710
Deposits by States ............. .......... ..... -32 ... -32 -32 ...... -32 1 ...... 1
Other ....... .............. ......................... V I ...... V I V I ...... V I V *) ... V I
Total-FOASI trust fund ......... ................... 29,859 ...... 29,859 236,924 643 236,280 212,007 212,007
Federal disability insurance trust fund:
Federal Insurance Contributions Act taxes ..... ...... 4,857 ...... 4,857 39,859 119 39,739 50,902 .... 50,902
Self-Employment Contributions Act taxes ............. 485 ...... 485 2,508 ...... 2,508 3,204 3,204
Receipts from railroad retirement account ... 1. ..... ...... ...... ...... I .... ...... ... ...... ......
Deposits by States ............................. ....... C I ...... V I C I ...... V I V I ... V I
O th e r ................. ....................... .......... ...... ...... ...... ...... ...... ... ......
Total-FDI trust fund ............................ 5,342 ...... 5,342 42,367 119 42,248 54,107 ...... 54,107
Federal hospital insurance trust fund:
Federal Insurance Contributions Act taxes ............ 8,290 ...... 8,290 73,059 -13 73,072 66,982 ...... 66,982
Self-Employment Contributions Act taxes ....... ..... 1,076 1,076 5,341 ...... 5,341 5,982 ...... 5,982
Receipts from Railroad Retirement Board ............. 362 .... 362 362 ...... 362 359 ...... 359
Deposits by States ...................... ......... C I V I V I ...... V I V I ...... V I
Total-FHI trust fund ................................ 9,728 ...... 9,728 78,762 -13 78,775 73,323 ...... 73,323
Railroad retirement accounts:
Rail industry pension fund ....................... ..... 170 V 1 170 1,776 91 1,685 1,814 15 1,799
Railroad Social Security equivalent benefit ... ........ -212 ... -212 1,048 1,048 1,079 ...... 1,079
Total- Employment taxes and contributions ..... 44,888 44,888 360,877 841 360,036 342,330 15 342,315
Unemployment insurance:
State taxes deposited in Treasury ... .................... 355 ...... 355 17,722 ... 17,722 17,890 ...... 17,890
Federal Unemployment Tax Act taxes ................... 45 ...... 45 4,768 64 4,704 4,721 76 4,645
Railroad unemployment taxes ..... ...................... V I V 1 18 ...... 18 18 ...... 18
Railroad debt repaym ent ................................. ...... ..... ...... ..... ... ...... ... ...... ......
Total-Unemployment insurance ....................... 400 ...... 400 22,508 64 22,444 22,629 76 22,5W
Other retirement contributions:
Federal employees retirement employee
contributions ........................... ............... 289 ...... 289 3,291 ...... 3,291 3,332 .... 3,332
Contributions for non-federal employees ................. 6 ..... 6 60 60 69 ...... 69
Total-Other retirement contributions ..... ............ 295 ...... 295 3,351 ... 3,351 3,400 ...... 3,400
Total-Social insurance taxes and
contributions ........................................ 45,583 45,583 386,736 905 385,832 368,359 90 368oV19
Excise taxes:
Miscellaneous excise taxes' .......... ..................... 2,242 624 1,618 21,120 790 20,329 21,914 1,002 20,913
Airport and airway trust fund ............................... ...... ...... ... 1,886 16 1,870 4,111 21 4,091
Highway trust fund .......................................... 2,099 -542 2,642 17,632 119 17,513 16,824 341 16,483
Black lung disability trust fund .. ........................... 51 ...... 51 447 ...... 447 462 ...... 462
Total-Excise taxes ..................................... 4,392 82 4,310 41,085 926 40,159 43,312 1,363 41,949
Estate and gift taxes ......................................... 1,177 36 1,141 12,972 307 12,665 11,230 291 10,939
Customs duties ............................................... 1,548 99 1,450 14,426 878 13,648 15,588 1,318 114,M
Miscellaneous Receipts:
Deposits of earnings by Federal Reserve banks .......... 1,456 ...... 1,456 14,927 ...... 14,927 19,175 ...... 19,175
All other ...... .............................................. 208 C 1 207 2,883 6 2,876 2.950 9 2,941
Total Miscellaneous receipts ........................ 1,663 1,663 17,810 6 17,803 22,125 9 22,116
Total Receipts ........................................ 155,190 3,270 151,919 1,191,930 101,426 1,090,504 1,115,466 97,419 1,018,046
Total On-budget ...................................... 119,989 3,270 116,718 912,640 100,664 $11,976 $49,252 97,419 751,934
Total Off-budget ...................................... 35,201 ...... 35,201 279,291 763 278,528 266,114 ...... 266,114

'includes amounts for the windfall profits tax pursuant to P.L. 96-223. (* *) Less than $500,000.
No Transactions. Note: Details may not add to totals due to rounding.




6






Table 5. Outlays of the U.S. Government, June 1996 and Other Periods
[$ millions]

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

Legislative Branch:
Senate ........ ............ 35 C 35 316 2 315 321 1 320
House of Representatives ... .... .................... 49 C 1 49 547 1 546 540 2 539
Joint items .. .... ........ __ ......................... 5 5 58 58 57 57
Congressional Budget Office .... 2 2 16 16 15 ..... 15
Architect of the Capitol ......... ........ ..... 13 1 12 117 6 'I'll 135 7 128
Library of Congress .......... ......... ........ 28 ...... 28 243 ...... 243 536 536
Government Printing Office:
Revolving fund (net) ...... ____ ........... -1 -1 -9 -9 17 17
General fund appropriations ...................... 8 ... 8 74 ..... 74 73 73
General Accounting Office ............. ........... .... 27 27 303 303 303 303
United States Tax Court .... .... ... ............ .... 2 2 24 ..... 24 23 ... 23
Other Legislative Branch agencies ............... .......... 1 1 18 18 26 26
Proprietary receipts from the public ....... ............ ... -1 11 -11 10 -10
Intrabudgetary transactions .... ............ ... -1 -1 -15 -15 -9 -9
Total-Legislative Branch ................................ 169 2 167 1,692 19 1,673 2,038 19 2,019

The Judiciary:
Supreme Court of the United States ... .................... 2 ...... 2 21 ...... 21 19 ...... 19
Courts of Appeals, District Courts, and other judicial
services ... ....... ....... ......... ........ 192 V 192 2,177 5 2,172 2,041 4 2,037
O ther .............. .......... ............. 11 11 93 93 88 ..... 88
Total-The Judiciary ..................................... 206 V 1 206 2,291 5 2,286 2,148 4 2,144
Executive Office of the President:
Compensation of the President and the White House
O ffice .. ........ ........ ....... .................... 3 ...... 3 30 30 27 ...... 27
Office of Management and Budget .. ..................... 4 4 42 .... 42 41 ... 41
O ther ... ......... ............ ............... ... .... 7 7 79 ...... 79 91 91
Total-Executive Office of the President .............. 14 ...... 14 151 ...... 151 159 ...... 159

Funds Appropriated to the President:
International Security Assistance:
Foreign military loan program ............................. 23 33 -10 305 390 -85 680 461 219
Foreign military financing program .... ...... ...... 196 ...... 196 2,504 2,504 2,685 .... 2,685
Economic support fund and International Fund for
Ireland .................................... ........... 71 ... 71 1,888 .... 1,888 2,464 2,464
Peacekeeping Operations .......... ........ 9 ...... 9 43 ... 43 63 ... 63
Other .. ... ....... .......... 6 ...... 6 26 .... I 26 24 24
Proprietary receipts from the public ....... ........ .... ... 1 -1 ... 483 -483 .... I 481 -481
Total-International Security Assistance ............. 306 34 272 4,767 873 3,894 5,915 942 4,974

International Development Assistance:
Multilateral Assistance:
Contribution to the International Development
Association ...... .... ......... ................. .... .... 859 .... 859 743 743
International organizations and programs ......... ... 160 ...... 160 277 ... ... 277 469 469
Other ... .................. .............. ............... 48 48 462 .... 462 277 277
Total-Multilateral Assistance ... 208 ...... 208 1,598 1,598 1,490 1,490

Agency for International Development:
Sustainable development assistance program .......... 155 .... 155 1,028 .... 1,028 976 976
Assistance for eastern europe and the baltic States 24 24 251 ..... 251 263 263
Assistance for the new independent States of the
former soviet union ........ .............. ....... 46 ... 46 576 ... 576 624 624
Development fund for Africa ............... __ .... .... 48 48 450 450 557 557
Operating expenses ........ ........ ___ ....... .... 25 25 337 337 363 363
Payment to the Foreign Service retirement and
disability fund ...... .................................... ...... ...... 44 .... 44 45 45
Other ........................ .......... 16 5 11 207 45 161 168 37 131
Proprietary receipts from the public ....... ...... 70 -70 ... 625 -625 658 -658
Intrabudgetary transactions ...... ......... .... ...... .... .... C ') .... C 1)
Total-Agency for International Development 314 75 239 2,892 671 2,221 2,997 695 2,303
Overseas Private Investment Corporation ................ 10 22 -12 60 209 -149 36 200 -164
Peace Corps ........ i ......... ........ ................... 17 17 160 .... 160 166 ...... 166
Other ... ...... .............. 6 6 53 .... 53 70 70
Total-Intemational Development Assistance .......... 554 97 457 4,763 879 3,884 4,759 895 3,865
International Monetary Programs ........ 7 .... 7 650 ..... 650 -702 -702
Military Sales Programs:
Special defense acquisition fund ........ ......... 2 9 -7 38 70 -32 129 128 1
Foreign military sales trust fund .. ... ... ....... 1,028 .... 1,028 10,452 ... 10,452 9,954 ...... 9,954
Kuwait civil reconstruction trust fund .... ........ V I .... V I C I C I V *) C *)
Proprietary receipts from the public ................ ...... 1,324 -1.324 10,669 -10,669 ... 9,255 -9,255
O ther ........ ................................. 5 ...... 5 37 ... 37 26 ... ''. 26

Total-Funds Appropriated to the President ........... 1,902 1,464 438 20,706 12,492 8,215 20,082 11,219 8,862

7




.w

Table 5. Outlays of the U.S. Government, June 1996 and Other Periods-Continued 1$ millions]

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Outlays Gross Applicable Outlays Gross Applicable outlays
Outlays Receipts Outlays I Receipts Outlays R ipts

Department of Agriculture:
Agricultural Research Service .......... ..................... 52 ...... 52 541 ...... 541 558 ..... 558
Cooperative State Research, Education, and Extension
Service:
Cooperative state research activities ..................... 35 ...... 35 308 ..... 308 322 322
Extension activities ...... ............. .......... 35 ...... 35 293 .... I 293 331 ...... 331
Other ......... ....................... 2 2 24 ...... 24 31 ...... 31
Animal and Plant Health Inspection Service ................ 45 .... 45 354 ...... 354 375 ..... 375
Food Safety and Inspection Service ......... .............. 43 ... 43 377 1 ..... 377 386 ... ... 386
Agricultural Marketing Service .................. ......... 34 ...... 34 474 ...... 474 546 ...... 546

Farm Service Agency:
Salaries and expenses ................................ 78 ...... 78 487 ...... 487 534 .... 534
Conservation programs ................. .................. 9 ...... 9 1,815 .... 1,815 1,847 ...... 1,847
Federal crop insurance corporation fund ............. ... 72 1 72 1,491 346 1,145 508 451 57
Commodity Credit Corporation:
Price support and related programs .................... 84 574 -490 7,401 6,108 1,292 16,097 7,982 8.115
National W ool Act Program ... ........................ ...... ...... ...... -1 ...... -1 104 ...... 104
Agricultural credit insurance fund ................ ........ 48 69 -20 500 1,094 -593 1,022 1,152 -130
O ther ............................................ ........ 1 ...... 1 11 11 166 1 ..... 166
Total-Farm Service Agency .................. ........ .293 643 -350 11,704 7,548 4,156 20,278 9,585 10,693

Natural Resources Conservation Service:
Conservation operations ................................. 40 ...... 40 456 ...... 456 422 ...... 422
Watershed and flood prevention operations .............. 22 ... ... 22 185 ...... 185 208 ...... 208
O ther ....................................................... 16 ...... 16 126 ...... 126 95 ...... 95
Rural Utilities Service:
Rural water and waste disposal fund .................... 32 ..... 32 308 ... 308 248 ...... 248
Rural electrification and telephone fund ....... ....... 49 113 -64 1,550 2,572 -1,023 1,905 2,315 -410
Rural development insurance fund ........................ 92 31 60 626 358 268 676 354 322
Other ... ................................................... 12 12 ill 181 -71 65 146 -81
Rural housing and Community Development Service:
Rural housing insurance fund ..... ...... ................ 292 224 68 2,348 1,970 378 2,749 1,891 858
Rental assistance program ................................ 40 ...... 40 358 ...... 358 324 ...... 324
O ther ...................................................... 39 ...... 39 31 ...... 31 97 ...... -97
Foreign Agricultural Service .................................. 31 ...... 31 463 ...... 463 772 ...... 772

Food and Consumer Service:
Food stamp program ........ ............................. 2,062 ...... 2,062 19,241 ...... 19,241 19,439 ...... 19,439
State child nutrition programs ............ ................ 717 ...... 717 6,572 ...... 6,572 6,283 ...... 6,283
Women, infants and children programs ............ ...... 298 ...... 298 2,808 ...... 2,808 2,585 ...... 2,585
Other ...................................... ................ 23 ...... 23 373 ...... 373 403 ...... 403
Total-Food and Consumer Service ................... 3,099 ...... 3,099 28,994 ...... 28,994 28,709 ...... 28,709

Forest Service:
National forest system .................................... 93 93 942 ...... 942 988 ...... 988
Firefighting and protection funds .......................... V I ...... V 1 231 ...... 231 795 ...... 795
Forest service permanent appropriations ................. 36 36 567 ...... 567 601 ...... 601
Other ....................................................... 128 ...... 128 597 ..... 597 166 ...... 166
Total-Forest Service .......................... ........ 257 ...... 257 2,336 ...... 2,336 2,550 ...... 2,550

Other ...................... ...... ......... 67 2 65 408 28 379 393 29 364
Proprietary receipts from the public .................. ...... ...... 44 -44 ...... 650 -650 ...... 697
Intrabudgetary transactions .................................. V I ...... V *) -50 ...... -50 V I ...... V I

Total-Department of Agriculture ....................... 4,627 1,069 3,S58 52,325 13,308 39,016 61,8" 15,016 46,11131111

Department of Commerce:
Economic Development Administration ...................... 26 1 26 337 7 330 259 10 249
Bureau of the Census .. .................................... 15 is 217 ...... 217 248 ...... 248
Promotion of Industry and Commerce ...................... 26 ...... 26 243 ...... 243 281 ...... 281

Science and Technology: 0
National Oceanic and Atmospheric Administration ....... 121 1 120 1,501 10 1,491 1,453 15 1,438
National Institute of Standards and Technology ......... 52 ...... 52 411 ...... 411 327 ...... 327
Other ....................................................... 8 2 6 83 21 62 77 24 53
Total-Science and Technology ........................ 181 3 177 1,996 32 1,964 1,857 40 1,818

O ther .. ................................ ..................... 6 ...... 6 79 ...... 79 68 V 1 68
Proprietary receipts from the public ...... ............... ...... 10 -10 ...... 96 -96 ...... 93 -93
Intrabudgetary transactions ................ ................. ...... ...... ...... V I ...... V I V I ... V I
O ffsetting governm ental receipts .......... ................. ... ... ...... ...... ...... ...... ...... ...... .... I ......

Total-Department of Commerce ....................... 253 14 239 2,872 134 2,738 2,713 142 2,570

8






Table 5. Outlays of the U.S. Government, June 1996 and Other Periods-Continued [$ millions)

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

I Outlays Receipts Outlays Receipts Outlays I Receipts
Department of Defense-Military:
Military personnel:
Department of the Army ...... ........ 1,184 1,184 17,716 17.716 19,318 19,318
Department of the Navy ...... ..................... ..... 1,410 ...... 1.410 17,554 ...... 17.554 19,156 19,156
Department of the Air Force ............. ................ 851 ..... 851 13,394 13,394 14,452 ... 14,452
Total-Military personnel .............. ........ ........ 3,445 3,445 48,664 48,664 52,926 52,926

Operation and maintenance:
Department of the Army ...................... ........... 1,734 1,734 16,643 .... 16,643 16,675 ... 16,675
Department of the Navy ............. ................. 2,293 ...... 2,293 17,303 17,303 18,158 18,158
Department of the Air Force ...... ................ ...... 1,834 1,834 17,270 ...... 17,270 17,619 17,619
Defense agencies .............. ...... 1,732 ...... 1,732 15,174 ...... 15,174 14,540 ...... 14,540
Total-Operation and maintenance ... ............... 7,593 .... 7,593 66,390 ...... 66,390 66,993 .... 66,993

Procurement:
Department of the Army ....... .......... ......... ..... 719 ..... 719 5,509 .... 5,509 5,550 ... 5,550
Department of the Navy .................... ............. 1,823 ...... 1,823 14,304 14,304 17,000 ... 17,000
Department of the Air Force ..... ........................ 1,607 ...... 1,607 13,637 ...... 13,637 15,672 ... ... 15,672
Defense agencies .. ............ ..................... 587 ..... 587 2,999 2,999 2,950 ... 2,950
Total-Procurement ..... ............ ........ 4,736 4,736 36,450 ... 36,450 41,173 ...... 41,173

Research, development, test, and evaluation:
Department of the Army ....... .............. 396 .... 396 3,801 ...... 3,801 3,785 3,785
Department of the Navy ............................... 852 ..... 852 6,854 ...... 6.854 6,840 ..... 6,840
Department of the Air Force ......................... .... 930 ...... 930 9,593 ...... 9,593 9,381 9,381
Defense agencies ......... ........................ .... 870 ...... 870 6,647 I .... 6,647 6,001 6,001
Total-Research, development, test and evaluation ... 3,048 ...... 3,048 26,895 ...... 26,895 26,006 26,006

Military construction:
Department of the Army .............. ........ ..... -10 .... -10 758 ...... 758 695 695
Department of the Navy ......... ..... 62 ... 62 429 ...... 429 624 .... 624
Department of the Air Force .................. ........... 70 ... 70 929 929 975 975
Defense agencies .......................................... 283 ...... 283 2,860 ...... 2,860 2,512 2,512
Total-Military construction 406 .... 406 4,976 ...... 4,976 4,806 4,806

Family housing:
Department of the Army ........ ............ ....... 97 ...... 97 953 ...... 953 885 ... 885
Department of the Navy .................................. ill ...... i'll 1,008 1,008 832 ...... 832
Department of the Air Force ............................. 92 ...... 92 792 ...... 792 779 ...... 779
Defense agencies ........................... .......... 6 3 3 97 60 37 118 38 79
Revolving and management funds:
Department of the Army .................................. -3 ...... -3 50 ... 50 4 4
Department of the Navy .................................. 94 .... 94 963 ... 963 169 .... 169
Department of the Air Force ....... ............... -1 ...... -1 -1 ...... -1 ...... ......
Defense agencies:
Defense business operations fund ..................... -770 ... -770 2,180 ... 2,180 426 ... 426
Other ... ..... ........ ............... ............ -92 C 1 -93 -130 4 -133 -131 3 -133
Trust funds:
Department of the Army .................................. C I .... ...... C I C C I
Department of the Navy ................ ................. 4 3 29 12 17 21 3 18
Department of the Air Force ............ ....... 1 1) 7 7 C 1 1 C I C I
Defense agencies ... .... ... ........................... 20 .... 20 152 ...... 152 174 ..... 174
Proprietary receipts from the public:
Department of the Army ......................... ... ...... 90 -90 ...... 367 -367 ...... 221 -221
Department of the Navy .... ........................... ...... -5 5 ...... 137 -137 ...... 31 -31
Department of the Air Force .......... ......... ... .... 8 -8 ...... 202 -202 .... 605 -605
Defense agencies ............. ............... ......... .... -39 39 ...... 140 -140 .... 285 -285
Intrabudgetary transactions:
Department of the Army ..... ......... ............ V I ... C 1) 35 .... 35 16 ... 16
Department of the Navy .. .............. ................ 33 33 757 1 ..... 757 442 442
Department of the Air Force ......... ................. -1 ...... -1 98 ...... 98 117 ...... 117
Defense agencies .. ..... .... .................. ..... 20 ... 20 -279 .... -279 -140 ... -140
Offsetting governmental receipts:
Department of the Army ................. ....... ...... 3 -3 ...... 10 -10 2 -2
Defense agencies ........ ............. ..... ...... C I C I ...... (* I C I C 1) C *)

Total-Department of Defense-Military ............. 18,839 63 18,776 190,086 938 189,148 195,616 1,187 194,429







9






Table 5. Outlays of the U.S. Government, June 1996 and Other Periods-Continued $ millions]

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applic ble Gross Applicable
Outlays Outlays ot outlays
Outlays I Receipts Outlays I Receipts Utley$ I Receipts

Department of Defense-Civil
Corps of Engineers:
Construction, general .......... ...... ................... 22 ..... 22 745 ...... 745 764 ...... 764
Operation and maintenance, general ......... ... 76 ...... 76 828 ...... 828 999 ...... 999
Other ....... ......... ...... ................ 129 ... 129 1,244 1,244 1,029 ..... 1,029
Proprietary receipts from the public ...................... .... 12 -12 140 -140 ...... 103 -103
Total-Corps of Engineers ..... ............. 228 12 216 2,816 140 2,676 2,792 103 2,688

Military retirement:
Payment to military retirement fund .................. ... ...... ..... ..... 10,699 10,699 11,470 ...... 11,470
Military retirement fund ...... ............ ...... ..... 2,418 ..... 2,418 21,536 ...... 21,536 20,703 20,703
Intrabudgetary transactions ........... ............ ... .... ... ...... -10,699 ...... -10,699 -11,470 ...... -11,470
Education benefits ........ .................................. -3 -3 33 ...... 33 68 ...... 68
Other ...... ............. ............. ...................... 6 V 6 56 3 53 61 3 57
Proprietary receipts from the public ...... ..... __ ........ ...... -1 ...... 11 -11 ... 9 -9

Total-Department of Defense-Civil ................... 2,648 13 2,635 24,441 IS5 24,287 23,624 lis 23,08

Department of Education:
Office of Elementary and Secondary Education:
Education for the disadvantaged .......................... 681 ...... 681 5,610 ...... 5,610 5,485 ...... 5,485
Impact aid ........... .............. ...... ......... 30 ... 30 655 ...... 655 708 708
School improvement programs ............. I ... ........ 116 ...... 116 1,006 ... 1,006 1,109 ...... 1,109
Other .. ...... ................ .......................... 51 ...... 51 279 279 100 ...... 100
Total-Office of Elementary and Secondary
Education ...................... ............... 878 ...... 878 7,551 ...... 7,551 7,402 ...... 7,402

Office of Bilingual Education and Minority Languages
Affairs ... ............ ................... ...... 23 23 151 ...... 151 166 .... 166
Office of Special Education and Rehabilitative Services:
Special education ............ ..................... ... 305 ...... 305 2,599 ..... 2,599 2,494 ...... 2,494
Rehabilitation services and disability research ... ....... 172 ..... 172 1,757 ...... 1,757 1,771 ...... 1,771
Special institutions for persons with disabilities .......... 18 ...... 18 93 ...... 93 108 108
Office of Vocational and Adult Education ..... ............ 132 ...... 132 1,183 ...... 1,183 1,208 ...... 1,208

Office of Postsecondary Education:
College housing loans ... ................... ............. V 1 3 -3 5 44 -40 14 54 -39
Student financial assistance ......... ..................... 249 ...... 249 5,123 ... 5,123 5,308 ...... 5,308
Higher education ............... .................... ...... 73 ...... 73 595 ...... 595 597 ...... 597
Howard University .................... .............. 31 ...... 31 135 ...... 135 156 ...... 156
Federal direct student loan program .. ............. ...... 26 1 ..... 26 473 ...... 473 424 ...... 424
Federal family education loans ............ ............... 217 ...... 217 1,312 .... .. 1,312 3,054 ...... 3,054
O ther .................... .................... ............. 1 ...... 1 3 ...... 3 2 ...... 2
Total-Office of Postsecondary Education ... .......... 594 3 591 7,645 44 7,600 9,555 54 9,501

Office of Educational Research and Improvement ......... 55 ...... 55 350 ...... 350 306 ..... 306
Departmental management ....... ............ ............. 27 ...... 27 322 ...... 322 336 ...... 336
Proprietary receipts from the public ............ ......... ...... 6 -6 ...... 55 -55 ...... 74 -74

Total-Department of Education ........................ 2,203 9 2,194 21,651 100 21,551 23,345 128 23,217

Department of Energy:
Atomic energy defense activities .......................... 932 ..... 932 8,788 ...... 8,788 9,011 ...... 9,011

Energy programs:
General science and research activities ........ ......... 88 ...... 88 803 .... 803 1,050 ...... 1,050
Energy supply, R and D activities .............. ......... 250 ...... 250 2,283 ...... 2,283 2,429 ... 2,429
Uranium supply and enrichment activities ............... 13 ... ... 13 93 ...... 93 86 86
Fossil energy research and development ....... ...... 30 ...... 30 333 333 325 ... 325
Energy conservation ... ................... ............... 31 ...... 31 463 ...... 463 487 .... 487
Strategic petroleum reserve ............................. 20 ...... 20 182 .... 1. 182 158 ..... 158
C lean coal technology ..................................... .... ..... ...... ...... ...... .... ...... ......
Nuclear waste disposal fund ............................ 12 ... 12 153 ...... 153 252 ...... 252
Uranium enrichment decontamination and
decommissioning fund ............ ................... 28 ...... 28 197 ...... 197 232 ...... 232
Other ...... ................ ................ 68 V *) 68 490 1 489 524 1 523
Total-Energy programs ................................ 541 V 1 541 4,997 1 4,996 5,545 1 5,544

Power Marketing Administration ..... ........ ...... 210 128 81 1,157 1,513 -355 1,283 1,489 -206
Departmental administration ................................. 28 ...... 28 312 ... ... 312 350 .... 350
Proprietary receipts from the public ... ...... ............ 97 -97 ...... 1,440 -1,440 ...... 1,282 -1,282
Intrabudgetary transactions ....... ............. ...... -2 ...... -2 -447 ...... -447 -361 ...... -361
Offsetting governmental receipts .............. .......... ...... 59 -59 ... ". 73 -73 ...... 9 -9

Total-Department of Energy ............................ 1,708 285 1,422 14,807 3,027 11,781 15,828 2,780 13,048

10






Table 5. Outlays of the U.S. Government, June 1996 and Other Periods-Confinued [$ millions)

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

Department of Health and Human Services:
Public Health Service:
Food and Drug Administration .................. ... 75 C 1) 74 632 3 629 622 4 618
Health Resources and Services Administration ........... 545 .... 545 3,080 3,080 1,871 .... 1,871
Indian Health Services ........ .................... ill ... ill 1,586 1,586 1,587 1,587
Centers for Disease Control and Prevention ....... 136 ... 136 1,671 1,671 1,361 1,361
National Institutes of Health .... ............. ...... ... 553 553 7,093 ...... 7,093 8,149 ... 8,149
Substance Abuse and Mental Health Services
Administration ................ ....... 296 ...... 296 1,622 1,622 1,813 1,813
Agency for Health Care Policy and Research ... 17 17 100 ..... 100 81 81

Total-Public Health Service ........ .......... 1,732 C 1,731 15,784 3 15,781 15,484 4 15,480

Health Care Financing Administration:
Grants to States for Medicaid .. ........ ................ 7,581 ..... 7,581 68,531 ..... 68,531 66,999 66,999
Payments to health care trust funds ....... .... 5,404 ..... 5,404 51,247 ... 51,247 36,015 36,015

Federal hospital insurance trust fund:
Benefit payments ...... ........ .......... 8,771 ... 8,771 91,823 ...... 91,823 84,758 ... 84,758
Administrative expenses ........... ........ __ ......... 109 ..... 109 878 ...... 878 926 926
Quinquennial military service credit adjustment ... .... ...... ...... 2,366 ... 2,366 ....
Total-FHI trust fund ......... 8,880 ... 8,880 95,068 ...... 95,068 85,685 ..... 85,685

Federal supplementary medical insurance trust fund:
Benefit payments .... ................... ...... 4,667 .... 4,667 49,617 49,617 46,586 .... 46,586
Administrative expenses .................. ......... 148 ...... 148 1,346 ... 1,346 1,266 1,266
Total- FSMI trust fund ..... ................... ..... 4,815 ..... 4,815 50,963 ...... 50,963 47,852 .... 47,852

Other ....... ..... ... ......... .... ... ......... -40 -40 -60 ...... -60 45 45

Total-Health Care Financing Administration ........... 26,640 ...... 26,640 265,747 ... 265,747 236,597 ...... 236,597

Administration for children and families:
Family support payments to States ... ... 1,112 ...... 1,112 12,617 ...... 12,617 12,863 ...... 12,863
Low income home energy assistance ... ... .......... 75 ... 75 948 ...... 948 1,245 1,245
Refugee and entrant assistance ... ........ ..... 20 ...... 20 255 ...... 255 342 ... 342
Payments to States for the job opportunities and basic
skills training program .................................... 56 ...... 56 704 ... 704 708 ...... 708
Payments to States for the child care and development
block grant .. ........... ....... .... 85 ...... 85 728 ...... 728 704 ... 704
Social services block grant .... .......... ................ 286 ...... 286 2,082 ...... 2,082 2,132 ... 2,132
Children and families services programs ................. 406 ... 406 3,858 .... 3,858 3,720 ... 3,720
Payments to States for foster care and adoption
assistance .... ........ ...... ...... 242 ...... 242 2.781 ... 2,781 2,397 2,397
O ther .... .... ............... ............................ 14 .... 14 75 ...... 75 344 ...... 344
Total-Administration for children and families .... ... 2,296 ... 2,296 24,049 ..... 24,049 24,454 ... 24,454

Administration on aging ........... 17 ...... 17 577 ..... 577 706 706
Other ..... ......... ......................... 34 ...... 34 512 512 541 ...... 541
Proprietary receipts from the public ......................... ...... 1,653 -1,653 ...... 15,115 -15,115 .... 15,001 -15,001
Intrabudgetary, transactions:
Payments for health insurance for the aged:
Federal hospital insurance trust fund .. ............ ... ...... ...... ...... ...... ....
Federal supplementary medical insurance trust fund -4,808 .... -4,808 -47,222 -47,222 -32,063 .... -32,063
Payments for tax and other credits:
Federal hospital insurance trust fund ........... -596 .... -596 -4,024 ...... -4,024 -3,953 -3,953
Quinquennial adjustment for military service credits
from FHI ................... .................. ... ... ...... -2,366 ...... -2,366 .... ......

Total-Department of Health and Human Services 25,315 1,654 23,662 253,057 15,118 237,939 241,767 15,005 226,762
















11






Table 5. Outlays of the U.S. Government, June 1996 and Other Periods-Continued [$ millions)

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Outlays Gross Applicable Outlays Gross Applicable
Outlays Receipts Outlays I Receipts 0 ays I Receipts Outlays

Department of Housing and Urban Development:
Housing programs:
Public enterprise funds .... ...................... ........ 8 6 1 81 54 27 133 94 39
Credit accounts:
Federal housing administration fund ............ .... 395 871 -475 7,302 9,214 -1,911 4,909 5,248 -339
Housing for the elderly or handicapped fund .......... -8 56 -65 471 459 12 522 488 34
O ther ........ ....... ........... .................. 73 ...... 73 518 ..... 518 445 .... 445
Rent supplement payments ..... ..... I ..... I ...... I I ..... 5 ... 5 71 .... 71 119 ...... 119
Homeownership assistance ...................... ......... 7 ...... 7 75 ...... 75 89 ...... 89
Rental housing assistance ........................ ........ 25 ...... 25 500 .... .. Soo 489 ...... 489
Rental housing development grants ..................... ...... .... 1. ...... .... ...... ...... ...... V I
Low-rent public housing ....................... ........... 41 ..... 41 547 547 568 568
Public housing grants ............ .............. I ........ 322 322 2,950 .... 2,950 2,766 ...... 2,766
College housing grants ................. .................. 2 2 13 V *) 13 14 C 1 14
Lower income housing assistance ........ ............... 568 ...... 568 6,620 ...... 6,620 7,569 ...... 7,569
Section 8 contract renewals .............................. 86 ...... 86 3,984 ...... 3,984 3,900 ...... 3,900
O ther ....................................................... 36 ...... 36 289 ...... 289 132 132
Total-Housing programs .. ............................ 1,559 933 625 23,423 9,727 13,696 21,655 5,830 15,825

Public and Indian Housing programs:
Low-rent public housing-Loans and other expenses ... 2 V 2 252 187 65 261 200 61
Payments for operation of low-income housing
projects .. ..... ........................................ 197 ...... 197 2,031 ...... 2,031 2,028 ...... 2,028
Community Partnerships Against Crime .................. 25 ...... 25 179 ...... 179 131 ... ... 131
O ther ................... ............... 12 ...... 12 69 ...... 69 19 ..... 19
Total-Public and Indian Housing programs ........... 236 V 236 2,531 187 2,344 2,438 200 2,238

Government National Mortgage Association:
Management and liquidating functions fund .............. ...... ...... ...... ...... V V V I V 1) V I
Guarantees of mortgage-backed securities ............... 22 38 -16 158 556 -399 250 572 -321
Total-Government National Mortgage Association .... 22 38 -16 158 557 -399 250 572 -322

Community Planning and Development:
Community Development Grants ......................... 381 ...... 381 3,395 ...... 3,395 3,184 ...... 3,184
Home investment partnerships program .................. 109 ...... 109 895 ...... 895 863 863
Other .. ..................................... .............. 27 10 17 275 86 189 241 86 154
Total-Community Planning and Development ......... 518 10 507 4,565 86 4,479 4,288 86 4,202

Management and Administration ............................ 23 .... I 23 312 .... 312 356 ...... 356
O ther .............. ...... ............ ....... .... ... 5 ...... 5 41 ...... 41 42 ...... 42
Proprietary receipts from the public ............... ......... ...... 32 -32 ...... 351 -351 ..... 338 -338
Offsetting governmental receipts ............................ ...... V ...... 13 -13 ...... 5 -5

Total-Department of Housing and Urban
Development ............................................. 2,362 1,014 1,348 31,029 10,921 20,109 29,030 7,031 21,998

Department of the Interior:
Land and minerals management:
Bureau of Land Management:
Management of lands and resources ....... .......... 40 ..... 40 407 ...... 407 468 ...... 468
Other ............................. ....................... 25 ...... 25 210 ...... 210 363 ... 363
Minerals Management Service ............................ 46 ...... 46 479 ...... 479 507 ...... 507
Office of Surface Mining Reclamation and
Enforcem ent .............................................. 21 ...... 21 241 ...... 241 230 ...... 230
Total-Land and minerals management ................ 131 ...... 131 1,337 ...... 1,337 1,568 ...... 1,568

Water and science:
Bureau of Reclamation:
Construction program ................................... 32 ...... 32 200 ...... 200 204 ...... 204
Operation and maintenance ............................. 18 ...... 18 178 ...... 178 186 ... 186
Other ..................... .............................. 30 16 14 281 101 181 300 134 166
United States Geological Survey .................. ....... 54 ...... 54 493 ...... 493 522 .... 522
Other .... ......................... ................... 6 2 5 128 20 108 155 19 135
Total-Water and science ......................... .... 141 18 123 1,280 121 1,160 1,366 153 1.213

Fish and wildlife and parks:
United States Fish and Wildlife Service ..... 145 ...... 145 943 ..... 943 937 ...... 937
National Park Service ........ ................ ......... 139 -1 ... 139 1,080 ... 1,080 1,138 ...... 1,138
Total-Fish and wildlife and parks ..................... 285 ...... 285 2,023 2,023 2,075 ..... 2,075




12






Table 5. Outlays of the U.S. Government, June 1996 and Other Periods-Continued [$ millions]

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gross Applicable
Outlays P'ic ip Outlays Outlays
Outlays I Receipts Outlays RMeipts Outlays Receipts

Department of the Interion-Continued
Bureau of Indian Affairs:
Operation of Indian programs ......... ...... 127 127 1,055 1.055 1,088 1,088
Indian tribal funds .................................... 27 27 199 199 216 216
Other ........... ___ ......... ....... ... ___ 28 C 27 279 11 268 342 8 334
Total-Bureau of Indian Affairs ............... ........ 181 C 181 1,534 11 1,522 1,645 8 1,637

Insular affairs .... .... .................... ............. 24 24 225 ... 225 377 ...... 377
Other departmental offices ........ ......... -53 ...... -53 97 97 74 ...... 74
Proprietary receipts from the public .............. ...... ... 159 -159 ... 1,324 -1,324 1,364 1,364
Intrabudgetary transactions ............. -34 -34 -209 ...... -209 -209 -209
Offsetting governmental receipts ................ C *) ..... V *) C *) ...... 3 -3

Total-Department of the Interior ....................... 674 177 497 6,286 1,456 4,830 6,896 1,529 5,367

Department of Justice:
General Administration:
Community Oriented Policing Services ...... 20 ...... 20 181 181 201 ... 201
Other ..... ......... ........................... .... -55 -55 137 137 109 ... 109
Legal activities ...................................... 202 ..... 202 1,904 ... 1,904 1,976 1,976
Federal Bureau of Investigation .... .................. 207 ... ... 207 1,693 1,693 1,503 ...... 1,503
Drug Enforcement Administration .. ...................... 55 ...... 55 604 ...... 604 576 576
Immigration and Naturalization Service ...................... 192 ..... 1 192 1,583 ...... 1,583 1,279 1,279
Federal Prison System ........................ ........ ..... 302 10 292 2,338 101 2,238 2,097 95 2,002
Office of Justice Programs .... ............. .......... 83 ...... 83 853 853 523 .... 523
O ther ....... ............. ........................ 11 ...... 11 147 ...... 147 275 275
Intrabudgetary transactions .................................. -4 -4 -37 ...... -37 -45
Offsetting governmental receipts ......... ......... ... ... 59 -59 ...... 663 -663 ... 615 -615
Total-Department of Justice ........................... 1,014 69 945 9,404 764 8,641 8,493 710 7,783

Department of Labor:
Employment and Training Administration:
Training and employment services ............. .......... 385 ...... 385 3,051 ...... 3,051 3,293 3,293
Community Service Employment for Older Americans ... 29 ...... 29 290 290 299 299
Federal unemployment benefits and allowances ...... 24 ... 24 225 ...... 225 157 ... 157
State unemployment insurance and employment service
operations .............. ........ ........ .......... 13 ...... 13 61 ... 61 67 ...... 67
Advances to the unemployment trust fund and other
funds ... ............................................. ...... ...... ...... ...... ...... ...... 6 19 ...... 6 19

Unemployment trust fund:
Federal-State unemployment insurance:
State unemployment benefits ......... ............... 1,587 ..... 1,587 17,582 ... 17,582 16,591 .... 16,591
State administrative expenses ........................ 232 ...... 232 2,416 .... I 2,416 2,388 ...... 2,388
Federal administrative expenses ....... .............. 11 ...... 11 164 .... 164 161 161
Veterans employment and training .... ......... .... 17 ..... 17 124 ...... 124 138 138
Repayment of advances from the general fund ..... ...... ..... ...... ...... ...... ......
Railroad unemployment insurance ....... .............. 4 4 54 I .... 54 49 ...... 49
O ther .............. ...... ......... ................. 2 ...... 2 15 ...... 15 14 .... 14
Total- Unemployment trust fund .. ............ 1,853 ..... 1,853 20,356 ... 20,356 19,341 19,341

Other .. ......... ................. 7 ...... 7 56 56 64 ... 64

Total-Employment and Training Administration .... 2,311 .... 2,311 24,038 ...... 24,038 23,840 23,840

Pension Benefit Guaranty Corporation ................... 80 126 -46 726 925 -199 1,056 1,204 -147
Employment Standards Administration:
Salaries and expenses .............................. 22 ...... 22 171 171 181 181
Special benefits ........................ ................... 150 ... ... 150 135 ...... 135 155 155
Black lung disability trust fund .... ....................... 47 .... 47 409 409 432 432
O ther ............... .................. ............. 10 ...... 10 105 ... 105 104 104
Occupational Safety and Health Administration ... ........ 25 .... 25 213 ... 213 221 221
Bureau of Labor Statistics ............................ ..... 34 34 195 195 206 ... 206
Other ... .............. ............. ........ ...... 47 ... 47 353 .... 353 352 352
Proprietary receipts from the public .... ......... 5 -5 5 -5
Intrabudgetary transactions ................................ -66 ... -66 -478 .... -478 -1,079 ... -1,079

Total-Department of Labor ............................. 2,661 126 2,534 25,867 929 24,937 25,467 1,209 24,258








13






Table 5. Outlays of the U.S. Government, June 1996 and Other Periods-Continued 1$ millions)

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gro;s pliable
Outlays Outlays ot ya]Ap outlays
Outlays Receipts Outlays I Receipts outlays Receipts

Department of State:
Administration of Foreign Affairs:
Diplomatic and consular programs ... ..................... 113 ...... 113 1,305 ...... 1,305 1,191 ... 1,191
Acquisition and maintenance of buildings abroad ........ 37 .... 37 388 ...... 388 399 ...... 399
Payment to Foreign Service retirement and disability
f und ............ ................... ...................... ..... 125 ..... 125 129 ..... 129
Foreign Service retirement and disability fund ..... ..... 39 ...... 39 346 I .... 346 335 ..... 335
O ther ... ...................... ............. ........... 47 ...... 47 315 ..... 1 315 366 .... 366
Total-Administration of Foreign Affairs ............... 235 ...... 235 2,480 ...... 2,480 2,421 ...... 2,421

International organizations and Conferences ................ 24 .... I 24 603 ...... 603 1,334 ...... 1.334
Migration and refugee assistance ........................... 65 ..... 65 490 ...... 490 526 ...... 526
O ther .......... ......................................... 14 ...... 14 163 ..... 163 97 ..... 97
Proprietary receipts from the public ........................ ...... ...... ...... ...... .... ...... ...... ...... ......
Intrabudgetary transactions .................................. -7 ..... -7 -178 ...... -178 -182 ..... -182
Offsetting governm ental receipts ............................ ...... ...... ...... ...... ...... ...... ...... .... .....

Total-Department of State .............................. 332 ...... 332 3,559 ...... 3,559 4,196 ...... 4,196

Department of Transportation:
Federal Highway Administration:
Highway trust fund:
Federal-aid highways .................................... 1,738 ...... 1,738 13,843 ...... 13,843 13,567 ...... 13,567
O ther ......... ............................. .......... 15 ...... 15 155 .... 155 138 ...... 138
Other programs ............................................ 22 ...... 22 170 .... 170 145 ...... 145
Total-Federal Highway Administration ................. 1,775 ...... 1,775 14,169 ...... 14,169 13,850 ...... 13,850

National Highway Traffic Safety Administration ............. 24 ...... 24 191 ... 191 201 ...... 201

Federal Railroad Administration:
Grants to National Railroad Passenger Corporation ..... 1 ...... 1 521 ...... 521 708 ...... 708
Other ......................... ............................. 26 1 26 255 9 246 170 8 162
Total-Federal Railroad Administration ................. 28 1 27 776 9 767 878 8 870

Federal Transit Administration:
orm ula grants ............................................. 141 ...... 141 ...... ...... 643
Discretionary grants ....................................... 161 ...... 161 1,638 ...... 1,638 1,519 ...... 1,519
Trust fund share of expenses ............................ ...... ...... ...... 833 ...... 833 863 ...... 863
Other .......... ............................................ 30 ...... 30 234 ...... 234 383 ...... 383
Total-Federal Transit Administration .................. 331 ...... 331 3,235 ...... 3,235 3,407 ...... 3,407

Federal Aviation Administration:
Operations ................................................. 183 183 1,765 1,765 1,417 ...... 1,417

Airport and airway trust fund:
Grants-in-aid for airports ................................ 119 ...... 119 1,196 ...... 1,196 1,288 ...... 1,288
Facilities and equipment ................................ 214 ...... 214 1,744 1,744 1,962 ... 1,962
Research, engineering and development ............... 16 ...... 16 168 ...... 168 169 ...... 169
Trust fund share of operations ......................... 185 ...... 185 1,667 1,667 1,933 ...... 1,933
Total-Airport and airway trust fund ................ 534 ...... 534 4,775 ...... 4,775 5,352 ...... 5,352

Other ....................................................... V *) -1 1 V 1 1 1 2 -2

Total-Federal Aviation Administration ................. 717 -1 717 6,541 1 6,540 6,770 2 6,768

Coast Guard:
Operating expenses ....................................... 157 ...... 157 1,835 ...... 1,835 1,898 ..... 1,898
Acquisition, construction, and improvements ............. 10 ...... 10 274 ...... 274 192 ..... 192
Retired pay ................................................ 47 ...... 47 421 ...... 421 394 ...... 394
Other .... ...... ................... ...................... 38 V 37 179 4 175 224 4 220
Total-Coast Guard .................... ............. 252 252 2,709 4 2,706 2,708 4 2,704

Maritime Administration ...................................... 65 43 22 475 314 162 524 191 332
Other ......................................................... 55 1 54 284 9 275 261 7 254
Proprietary receipts from the public ........................ ...... 3 -3 ... 10 -10 ...... 6
Intrabudgetary transactions .................................. ...... ...... ...... 5 ...... 5 V *) ...... V
Offsetting governmental receipts ............................ ...... 5 -5 ...... 76 -76 ...... 79 -79

Total-Department of Transportation ................... 3,247 52 3,194 28,386 423 27,962 20,598 298 28,300






14






Table 5. Outlays of the U.S. Government, June 1996 and Other Periods-Continued 1$ millions]

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

I Outlays Receipts Outlays Receipts Outlays Receipts
Department of the Treasury:
Departmental offices:
Exchange stabilization fund ... ...... ..... -36 17 -53 -1,189 123 -1.311 -2,192 16 -2,208
Other ....... ............. ......... 49 49 264 264 162 162

Financial Management Service:
Salaries and expenses ......... ....... 1 1 152 ...... 152 175 175
Payment to the Resolution Funding Corporation .. ...... ... 1,751 1.751 1,751 1,751
Claims, judgements, and relief acts .............. ___ -62 -62 461 461 742 742
Net interest paid to loan guarantee financing accounts C *) C *) 379 ...... 379 777 .... 777
Other .... ...... ...................... ... 1715 ...... 715 1,301 1,301 70 70
Total-Financial Management Service .......... .... 654 .... 654 4,044 .... 4.044 3,516 ... 3,516

Federal Financing Bank .. ........... ................ 555 555 336 ..... 336 338 338
Bureau of Alcohol, Tobacco and Firearms:
Salaries and expenses ....... ............... ...... 26 26 259 ... 259 277 ...... 277
Internal revenue collections for Puerto Rico .... ......... 15 ...... 15 156 156 150 150
United States Customs Service .......... ............. 130 130 1,370 1,370 1,316 ... 1,316
Bureau of Engraving and Printing ... ........ .... 33 33 54 54 -12 -12
United States Mint .......................... ............... 107 118 -11 452 942 -490 -112 112
Bureau of the Public Debt ............ ...... ........ ... 37 .... 37 223 223 239 .... 239

Internal Revenue Service:
Processing, assistance, and management .............. 176 ...... 176 1,189 ...... 1,189 1,345 ... 1,345
Tax law enforcement ....... ..................... 291 ...... 291 3,047 .... 3,047 3,062 3,062
Information systems ......... .......... ... ............. 91 ...... 91 1,070 1,070 1,161 .... 1,161
Payment where earned income credit exceeds liability
for tax .... ............................ .................. 387 ...... 387 18,668 18,668 14,689 14,689
Refunding internal revenue collections, interest .......... 124 ...... 124 1,605 ... 1,605 2,220 2,220
Other ............ .... .... .... ............ ........ C *) ... C *) C I ...... C *) 1 C 1
Total-Internal Revenue Service .... __ ............. 1,070 1,070 25,578 25,578 22,478 C 22,478

United States Secret Service ........... ............. .... 37 ..... 37 390 390 396 396
Comptroller of the Currency ......... ....... .............. 28 1 26 295 220 76 302 201 101
Office of Thrift Supervison ... 1 10 124 102 22 123 83 41

Interest on the public debt:
Public issues (accrual basis) ............... ....... 19,741 .... 19,741 180,998 ...... 180,998 173,941 173,941
Special issues (cash basis) ............. ........ ......... 40,008 ...... 40,008 98,086 ...... 98,086 95,051 ... 95,051
Total-interest on the public debt ..................... 59,749 ... 59,749 279,084 279,084 268,992 268,992

O ther ...... ...... ................ ........ ...... 15 ...... 15 80 ..... 80 43 .... 43
Proprietary receipts from the public ......... .... 143 -143 3,297 -3,297 ..... 3,260 -3,260
Intrabuidgetary transactions ..................... ............ -631 -631 -6,001 ... -6,001 -7,380 -7,380
Offsetting governmental receipts ........ __ ............... ..' ... 67 -67 .... 867 -867 .... 785 -785

Total-Department of the Treasury ..................... 61,848 347 61,501 305,519 5,550 299,969 288,634 4,345 284,289






























15






Table 5. Outlays of the U.S. Government, June 1996 and Other Periods-Continued ($ millions)

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable G able
Outlays Receipts Outlays Outlays Receipts Outlays Sys F ;$ Outlays

Department of Veterans Affairs:
Veterans Health Administration:
Medical care ............. .............................. 1,258 ...... 1,258 12,112 ...... 12,112 11,947 ... 11,947
Other .. .................................................... 49 15 33 443 147 296 524 204 319

Veterans Benefits Administration:
Public enterprise funds:
Guaranty and indemnity fund ............... ...... .... 124 62 62 461 501 -41 713 393 320
Loan guaranty revolving fund ...... .................... 18 28 -10 295 256 38 355 308 47
Other .......... ...... :"* .... -* ................... *-* 11 27 -17 107 108 -1 133 107 26
Compensation and pensions .............................. 113 ...... 113 12,447 ..... 12,447 13,368 ...... 13,368
Readjustment benefits ................ I~, ...... ......... 73 ...... 73 994 ...... 994 977 ...... 977
Post-Vietnam era veterans education account ........... 2 ...... 2 35 ..... 35 49 ...... 49
Insurance funds:
National service life ........... ......................... 101 ...... 101 920 ...... 920 940 ...... 940
United States government life .. ........................ 1 ...... 1 11 ...... 11 14 ...... 14
Veterans special life .................................... 10 75 -65 109 171 -62 109 169
O ther ... ............................................. 1 ...... 1 27 27 33 ...... 33
Total-Veterans Benefits Administration ....... .... 453 193 260 15,407 1,037 14,370 16,689 977 15,712

Construction ......................... ........................ 61 ...... 61 515 V *) 515 467 V *) 467
Departmental administration ................................. 28 ...... 28 788 ...... 788 738 ...... 738
Proprietary receipts from the public:
National service life ........................................ ...... 19 -19 ...... 176 -176 ...... 204 -204
United States government life ............................ ...... (* I ...... C I C I ...... C I C *)
Other ...................................................... ...... 52 -52 ...... 522 -522 ..... 547 -547
Intrabudgetary transactions ..................... ............ -4 ...... -4 -12 ...... -12 -17 ...... -17

Total-Department of Veterans Affairs ................. 1,845 279 1,566 29,253 1,881 27,372 30,349 1,933 28,416

Environmental Protection Agency:
Program and research operations ........................... ...... 44 ...... 44 656 ...... 656
Environmental programs and management ....... .......... 151 ...... 151 1,277 ...... 1,277 1,021 ...... 1.021
State and tribal assistance grants .......................... 200 ...... 200 1,932 1,932 1,780 ...... 1,780
Hazardous substance superfund ............................ 127 ...... 127 1,018 ...... 1,018 1,086 ... 1,086
Other ................ ........................................ 46 (* 1 45 676 (* 1 675 603 V 1 602
Proprietary receipts from the public ......................... ...... 45 -45 ...... 188 -188 ...... 206 -206
Intrabudgetary transactions .................................. ...... ...... ...... -250 ...... -250 -250 ..... -250
Offsetting governmental receipts ............................ ...... 1 -1 ...... 7 -7 ...... 8 -8
Total-Environmental Protection Agency ............... 524 46 478 4,698 196 4,502 4,896 214 4,682

General Services Administration:
Real property activities ...................................... 401 ...... 401 313 .... 313 398 ... 398
Supply and technology activities ............................ 16 ...... 16 148 ...... 148 228 ...... 228
Information Technology Service ............................. 15 ...... 15 185 ...... 185 122 ...... 122
Other ........... ............................................. -7 ...... -7 125 ...... 125 122 ...... 122
Proprietary receipts from the public ......................... ...... 1 -1 ...... 16 -16 ...... C V *)
Total-General Services Administration ................ 424 1 423 771 16 755 870 870

National Aeronautics and Space Administration:
Human space flight .......................................... 518 ...... 518 4,063 4,063 2,239 ...... 2,239
Science, aeronautics and technology ........................ 364 .. I ... 364 3,572 ...... 3,572 1,619 1,619
Mission support ............................................ 199 ...... 199 1,697 1,697 1,441 ...... 1.441
Research and development ......... ........................ 48 ...... 48 425 ...... 425 2,966 ...... 2,966
Space flight, control and data communications ............. 7 ...... 7 208 ..... 1 208 1,300 ...... 1,300
Construction of facilities ..................................... 15 ...... 15 205 ...... 205 239 ...... 239
Research and program management .. ..................... 1 ...... 1 5 5 95 ... ... 95
O ther ....................................... ................. 1 1 12 ...... 12 11 ...... 11
Total-National Aeronautics and Space
Administration ............................................ 1,155 ...... 1,155 10,187 ...... 10,187 9,910 ...... 91910

Office of Personnel Management:
Government payment for annuitants, employees health
and life insurance benefits ................................. 320 ...... 320 2,745 ...... 2,745 2,992 ...... 2,992
Payment to civil service retirement and disability fund ..... ...... ...... I ..... ...... ...... I .... ...... ......
Civil service retirement and disability fund .................. 3,401 ...... 3,401 29,689 .... 29,689 28,696 ...... 28,696
Employees life insurance fund ................... ........... 136 125 11 1,223 2,026 -803 1,335 1,928 -593
Employees and retired employees health benefits fund .... 1,320 1,256 64 11,925 11,674 252 11,695 11,984 -289
O ther ... ...... ...... .................... ........... 1 ...... 1 24 ...... 24 50 ...... 50
Intrabudgetary transactions:
Civil service retirement and disability fund:
General fund contributions .............................. ...... ...... ...... ...... .... ...... ...... ......
Other ......................... ..................... 96 ...... 96 77 ...... 77 -25 ...... -25
Total-Office of Personnel Management ............... 5,274 1,381 3,893 45,684 13,699 31,984 ",743 13,912 30,831

16






Table 5. Outlays of the U.S. Government, June 1996 and Other Periods-Continued [$ millions]

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

I Outlays Receipts Outlays Receipts Outlays Receipts
Small Business Administration:
Public enterprise funds:
Business loan fund .......... ........ __ ............. 43 40 4 429 347 81 311 307 4
Disaster loan fund .................. ..... 22 22 C 1 299 242 58 384 177 207
Other .. ...... ....... .......................... 1 1 V *) 11 10 1 15 11 3
Other ...... ... ..... ......... ... ____ ............. 34 C 1 34 355 C 1 355 426 1 425
Total-Small Business Administration .................. 100 62 38 1,094 599 495 1,136 496 639

Social Security Administration:
Payments to Social Security trust funds ......... ......... 20 ... 20 4,413 .... 4,413 3,871 3,871
Special benefits for disabled coal miners ....... ........ 54 .... I 54 505 .., ... 505 542 ...... 542
Supplemental security income program ..................... 158 1 ..... 158 18,715 .... 18,715 19,543 .... 19,543
Office of the Inspector General ................ ....... -1 ...... -1 6 6 1 .... I

Federal old-age and survivors insurance trust fund (offbudget):
Benefit payments ......... ...... ..... 25,189 .... 25,189 224,180 ...... 224,180 215,657 215,657
Administrative expenses .......... ........................ 137 ...... 137 1,334 ...... 1,334 1,303 1,303
Payment to railroad retirement account ........ 3,554 ...... 3,554 3,554 ...... 3,554 4,052 ...... 4,052
Quinquennial military service credit adjustment ........... ...... I .... ... 129 .... 129 ....
Total-FOASI trust fund .. .... ...... ............. 28,881 .... 28,881 229,197 229,197 221,012 ...... 221,012

Federal disability insurance trust fund (off-budget):
Benefit payments .... ............... ....... ........ 3,719 ...... 3,719 32,187 ...... 32,187 29,854 ... 29,854
Administrative expenses ............ .............. 83 ...... 83 795 ...... 795 796 796
Payment to railroad retirement account ... I ........ I ... 2 ...... 2 2 ..... 2 68 ...... 68
Quinquennial military service credit adjustment ........... ...... ...... ...... 203 ...... 203 .... ...... .....
Total-FDI trust fund ..... ... ......... ..... 3,804 ...... 3,804 33,188 ... 33,188 30,717 ...... 30,717

Proprietary receipts from the public:
On-budget ...... ............................. ...... 209 -209 ...... 808 -808 ...... 484 -484
Off-budget .... ....... ........... ........ ......... C C I ...... 18 18 ...... 9 -9
Intrabudgetary transactions:
On-budget:
Quinquennial Adjustment for Military Service
Credits from FOASI and FDI: .... ............. .... ...... ...... ...... -332 ...... -332 ......
Of f-budget2 ...... ........ ................. ..... -22 ...... -22 -4,414 ...... -4,414 -3,870 ...... -3,870
Total-Social Security Administration ................... 32,894 209 32,685 281,277 826 280,451 271,817 492 271,325

Other independent agencies:
Appalachian Regional Commission ....... .................. 12 ...... 12 104 1 103 118 1 117
Corporation for National and Community Service ..... .... 41 ...... 41 351 ...... 351 310 .... I 310
Corporation for Public Broadcasting .............. .... ...... ...... ...... 275 ...... 275 286 ... 286
District of Columbia:
Federal paym ent ........................................... ...... ...... ..... 712 ...... 712 714 ...... 714
Other .. ... ....................... ..................... -2 ... -2 (* 1 12 -12 5 12 -7
Equal Employment Opportunity Commission ................ 14 V *) 14 173 C 1 173 179 1 178
Export-import Bank of the United States ................... 90 55 35 767 1,169 -402 1,041 973 68
Federal Communications Commission .... ................. 15 2 13 130 21 109 127 38 88

Federal Deposit Insurance Corporation:
Bank insurance fund .... ................................. 137 38 99 936 1,692 -756 1,722 9,159 -7,437
Savings association insurance fund ..... ................. 3 314 -311 45 925 -880 37 962 -925
FSLIC resolution fund:
Resolution trust corporation closeout .... ............ 57 343 -287 848 6,951 -6,103 3,961 12,039 -8,078
Other ................... ............................ 7 22 -15 826 640 186 1,628 955 673
Affordable housing and bank enterprise .................. V I ... ... V 1 1 ...... 1 4 ...... 4
Total-Federal Deposit Insurance Corporation .... ......... 203 717 -514 2,656 10,208 -7,552 7,351 23,114 -15,763

Federal Emergency Management Agency:
Public enterprise funds ............................... .... 27 54 -27 660 253 407 432 266 166
Disaster relief .... ... ............. ...................... 165 ...... 165 1,580 ... 1,580 1,773 1,773
Emergency management planning and assistance ....... 24 ...... 24 188 .... 188 215 215
Other ................. ..................................... 40 .... 40 220 11 209 229 16 212
Federal Trade Commission .............. ............. ..... -42 ...... -42 24 ... 24 63 ... 63
Legal Services Corporation ...... ......... 7 .... 7 190 ... 190 329 ... 329
National Archives and Records Administration ......... 7 V 1 7 140 V 140 164 C 1 163
National Credit Union Administration:
Credit union share insurance fund ...................... 4 1 3 93 195 -102 12 266 -254
Central liquidity facility ............ .............. ...... ...... .... ... ...... ...... 5 5 V I
Other ......... ......... ............ ................. 3 1 2 -33 4 -37 -4 4 -8



17






Table 5. Outlays of the U.S. Government, June 1996 and Other Periods-Continued 1$ millions]

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Outlays Gross Applicable Outlays Gross Applicable Outlays
Outlays Receipts Outlays Receipts 0 ys I Receipts

Other independent agencies:-Continued
National Endowment for the Arts ................. 9 9 107 .... 107 131 ..... 131
National Endowment for the Humanities .............. ..... 12 .... 12 107 1 ... 107 123 ..... 123
National Labor Relations Board ... ...... 11 11 122 ... 122 128 ..... 128
National Science Foundation ...... ...... ...... 293 ... 293 2,082 2,082 1,969 1,969
Nuclear Regulatory Commission ............................. 36 6 30 372 347 25 396 384 12
Panama Canal Commission ....... .......... ......... 52 48 4 456 489 -32 416 465 -49
Postal Service:
Public enterprise funds (off-budget) ....................... 3,959 34,449 -490 39,744 43,013 -3,269 37,289 41,261 -3,972
Payment to the Postal Service fund ........ ............. ...... ...... 101 ... 101 107 ...... 107

Railroad Retirement Board:
Federal windfall subsidy ........ ............ ...... 19 ...... 19 177 177 190 190
Federal payments to the railroad retirement accounts ... ...... ...... 165 ...... 165 172 172
Rail industry pension fund:
Benefit payments ....... ......... ................ 238 ...... 238 2,128 ...... 2,128 2,112 ... 2,112
Advances from FOASDI fund ........................... -92 ...... -92 -834 .... -834 -824 .... -824
OASDI certifications ............. ....... ............ 92 ...... 92 833 ...... 833 824 824
Administrative expenses ......................... ....... 5 5 55 ...... 55 54 ... 54
Interest on refunds of taxes ... ......................... V I ...... V 1 11 ...... 11 16 ...... 16
O ther ... ......... ....................................... V I ...... V 1 4 ..... 4 5 5
Intrabudgetary transactions:
Payments from other funds to the railroad
retirement trust funds ........ ...................... -3,556 .... -3,556 -3,556 .... -3,556 -4,120 ...... -4,120
Other .............. ...................... ............ 248 ..... 248 83 ...... 83 55 ..... 55
Supplemental annuity pension fund:
Benefit payments ....... ........... ................. 7 7 65 ...... 65 68 68
Interest on refund of taxes ............................. .... ..... 22 ...... 22 1 ..... 1
Railroad Social Security equivalent benefit account:
Benefit payments ......... .............................. 413 ...... 413 3,712 .... 3,712 3,671 3,671
Interest on refund of taxes .......... ............... ...... ...... ...... 8 ...... 8 C I ... V I
O ther .... .................... .............................. ( ) ...... V 1 1 1 1 ... 1
Total-Railroad Retirement Board ............ ......... -2,625 ...... -2,625 2,875 ...... 2,875 2,226 ..... 2,226

Oversight Board .............. ........... ................... C I V *) 558 ...... 558 -2 ... -2
Securities and Exchange Commission ... .................. 8 ...... 8 17 ...... 17 89 89
Smithsonian Institution .... ............................... 31 ...... 31 309 ...... 309 317 .... 317
Tennessee Valley Authority .................................. 1,051 679 372 7,169 6,372 796 6,971 5,754 1,217
United States Enrichment Corporation Fund ........ ....... 122 40 82 998 1,045 -47 862 1,267 -406
United States Information Agency ........................... 78 C 1 78 857 V 1 857 830 V 1 830
Other ......... ............... ......................... 134 38 96 970 290 680 1,309 303 1,006

Total-Other independent agencies .................... 3,778 6,091 -2,313 65,075 63,431 1,644 66,509 74,130 -7,621

Undistributed offsetting receipts:
Other interest ........................................ ..... .... V V I ..... V I C I ...... V I V I

Employer share, employee retirement:
Legislative Branch:
United States Tax Court:
Tax court judges survivors annuity fund ............ ... ...... V I ...... V I C I V I
The Judiciary:
Judicial survivors annuity fund ...... ................... ...... ...... ...... ...... ...... ...... ..... ......
Department of Defense-Civil:
Military retirement fund ........... ................ -929 ...... -929 -8,341 .... -8,341 -9,187 -9,187
Department of Health and Human Services:
Federal hospital insurance trust fund:
Federal employer contributions ................ ...... -144 ...... -144 -1,342 ...... -1,342 -1,366 ...... -1,366
Postal Service employer contributions ............... -43 ..... -43 -370 .... -370 -419 .... -419
Payments for m ilitary service credits ............ ...... ... ...... ...... ... .... ...... ...... ......
Department of State:
Foreign Service retirement and disability fund ......... -9 ...... -9 -80 .... -80 -81 ...... -81
Office of Personnel Management:
Civil service retirement and disability fund ............ -918 ...... -918 -7,679 ..... -7,679 -7,365 ... -7,365
Social Security administration (off-budget):
Federal old-age and survivors insurance trust fund:
Federal employer contributions ....................... -436 -436 -3,750 .... -3,750 -3,872 ... -3,872
Payments for military service credits ....... ........ ...... ...... ...... ..... ...... 17 ...... 17
Federal disability insurance trust fund:
Federal employer contributions ....................... -78 ...... -78 -670 ...... -670 -692 ...... -692
Payments for military service credits ... ......... ...... ...... ...... ...... ...... -17 -17
Independent agencies:
Court of veterans appeals retirement fund ............ V I V I V I V I C I ... V I
Total-Employer share, employee retirement .......... -2,558 ..... -2,558 -22,233 ...... -22,233 -22,981 .... -22,981

18






Table 5. Outlays of the U.S. Government, June 1996 and Other Periods-Continued [$ millions]

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross applicable Gross Applicable Gros Applicable
Outlays 1 Receipts Outlays Outlays Receipts Outlays OutIZ. Receipts Outlays

Undistributed offsetting receipts:-Continued
Interest received by trust funds:
The Judiciary:
Judicial survivors annuity fund ........ -15 ... -15 -14 ...... -14
Department of Defense-Civil:
Corps of Engineers ......... ........... ......... -3 -3 -18 -18 -21 ... -21
Military retirement fund .... ....... .................... 55 ...... 55 -10,975 .... -10,975 -10,727 ...... -10,727
Education benefits fund ............. -30 ... -30 -35 ... 1., -35
Soldiers' and airmen's home permanent fund ....... C C 1 -4 -4 -6 ..... -6
Other ...... ... ....... ....... .... ... ...... -1 -1 1
Department of Health and Human Services:
Federal hospital insurance trust fund ......... ... -5,039 ...... -5,039 -10,329 ... -10,329 -10,814 .... -10,814
Federal supplementary medical insurance trust fund -600 ...... -600 -1,330 .... -1,330 -1,795 -1,795
Department of Labor:
Unemployment trust fund .................... ........ -1,629 -1,629 -3,363 ...... -3,363 -2,683 ..... -2,683
Department of State:
Foreign Service retirement and disability fund ....... -312 .... -312 -631 ...... -631 -611 ...... -611
Department of Transportation:
Highway trust fund .................................. ... -633 ...... -633 -1,258 -1,258 -1,116 -1,116
Airport and airway trust fund ................. ........ -315 ... -315 -737 .... -737 -742 -742
Oil spill liability trust fund ............. C I ... C 1 -7 -7 -6 .... -6
Department of Veterans Affairs:
National service life insurance fund ......... -516 .... -516 -1,047 ...... -1,047 -1,071 ...... -1,071
United States government life Insurance Fund ........ -3 ...... -3 -7 ...... -7 -9 -9
Environmental Protection Agency .... .......... C I ..... C -2 -2 -2 -2
National Aeronautics and Space Administration .......... C ...... C -1 ...... -1 -1 -1
Office of Personnel Management:
Civil service retirement and disability fund ............. -14,095 ...... -14,095 -28,956 ...... -28,956 -27,992 -27,992
Social Security administration (off-budget):
Federal old-age and survivors insurance trust fund ... -16,765 ...... -16,765 -33,873 ...... -33,873 -31,301 ...... -31,301
Federal disability insurance trust fund ............ -1,237 ...... -1,237 -2,446 ...... -2,446 -1,859 ... -1,859
Independent agencies:
Railroad Retirement Board ....... ........... -31 ...... -31 -796 ...... -796 -595 ...... -595
Other ................. ................................... 1 ...... 1 -23 .... -23 16 ...... 16
Other .............. ..................................... -7 ...... -7 -76 ...... -76 -187 ...... -187
Total-interest received by trust funds ................ -41,133 ... ... -41,133 -95,926 ...... -95,926 -91,602 ...... -91,602

Rents and royalties on the outer continental shelf lands .. ...... 78 -78 ...... 2,292 -2,292 .... 1. 1,882 -1,882
Sale of m ajor assets .................. ......... ...... ...... ...... ...... ...... ...... .... 1. ...... ...... ...
Spectrum auction proceeds ............................. ...... ...... 205 -205 ... ... 610 -610
Total-Undistributed offsetting receipts ............. -43,691 78 -43,770 -118,159 2,497 -120,666 -114,584 2,492 -117,076
Total outlays ................................................. 132,324 14,506 117,818 1,314,009 148,484 1,165,526 1,296,126 154,409 1,141,717
Total on-budget ........................................... 114,217 10,056 104,161 1,057,034 105,453 9S1,581 1,048,701 113,139 935,661

Total off-budget ........................................... 18,107 4,450 13,657 256,976 43,031 213,945 247,425 41,270 206,156
Total surplus (+) or deficit ................................ +34,101 -75,022 -123,669
Total on-budget ........................................... +12,557 -139,605 -183,628
Total off-budget ........................................... +21,544 +64,583 +59,958

MEMORANDUM
Receipts offset against outlays [$ millions]
Current
Fiscal Year Comparable Period
to Date Prior Fiscal Year
Proprietary receipts .............................................. 37,458 35,915
Intrabudgetary transactions ...................... ................... 198,015 179,424
Governm ental receipts .............................................. .... 2,271 2,516
Total receipts offset against outlays ....... ......... ......... 237,744 217,855

'includes $711 million for forgone interest to the 'Civil Service Retirement and Disability Fund', 3The Postal Service accounting is composed of thirteen 28-day periods. To conform with the Office of Personnel Management. MTS calendar-month reporting basis used by all other Federal agencies, the MTS reflects USPS
21ncludes FICA and SECA tax credits, non-contributory military service credits, special benefits results through June 21th and estimates for $493 million through June 30th. for the aged, and credit for negotiated OASI benefit checks. I* ') Less than $500,000
Note: Details may not add to totals due to rounding











19






Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government, June 1996 and Other Periods millions)
Not Transactions Account Balances
Assets and Liabilities denotes net reduction of either Current Fiscal Year
Directly Related to liability or asset accounts
Budget Off-budget Activity This Month Fiscal Year to Date Beginning of Close of

This month
This Year I Prior 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 ... ... ........ ......... ........ 32,567 187,093 258,622 4,958,983 5,113,509 5,146,076
Federal Financing Bank .......... ......... ........ 15,000 15,0()0 15,000
Total, public debt securities ................ ...... .............. 32,567 187,093 258.622 4,973,983 5,128,509 5,161,076
Plus premium on public debt securities ... ................... -8 -73 -71 1,236 1,171 1,163
Less discount on public debt securities ....... ............... 99 -1,795 3,183 81,231 79,337 79,437
Total public debt securities net of Premium and
discount .......... ............. ......................... 32,460 188,815 255,368 4,893,989 5,050,343 5,082.803
Agency securities, issued under special financing authorities (see
Schedule B. for other Agency borrowing, see Schedule C) .......... 520 8,856 -1,324 26,962 35,298 35,817
Total federal securities ............ ................................... 32,980 197,670 254,044 4,920,950 5,085,641 5,118,621
Deduct:
Federal securities held as investments of government accounts
(see Schedule D) ..................... ...................... .... 41,824 109,249 103,476 1,320,800 1,388,225 1,430,049
Less discount on federal securities held as investments of
government accounts ................................ ........ 225 1,926 640 3,188 4,888 5,113
Net federal securities held as investments of government
accounts ....................... ............................. 41,599 107,324 102,836 1,317,612 1,383,337 1,424,936
Total borrowing from the public .......................... -8,619 90,347 151,208 3,603,338 3,702,304 3,693,685
Accrued interest payable to the public .... ............................. 14,792 618 1,424 50,611 36,437 51,229
Allocations of special drawing rights .................. ................... 6 -309 497 7,380 7,066 7,072
Deposit funds .. ......... ............... ............. ......... ......... 951 775 7,259 8,186 8,010 8,961
Miscellaneous liability accounts (includes checks Outstanding etc.) ...... -7,585 -2,502 675 4,790 9,873 2,288
Total liability accounts .................................................... -455 88,930 161,063 3,674,305 3,763,690 3,763,235
Asset accounts (deduct)
Cash and monetary assets:
U.S. Treasury operating cash:'
Federal Reserve account .............. ................... ..... 3,944 -919 14,129 8,620 3,757 7,701
Tax and loan note accounts .......................................... 29,575 1,003 10,469 29,329 757 30,332
Balance ............................................................. 33,519 84 24,598 37,949 4,514 38,033
Special drawing rights:
Total holdings ............ ...... ...................................... 9 11 1,898 11,035 11,037 11,046
SDR certificates issued to Federal Reserve banks .................. ...... .... ...... -10,168 -10,168 -10,168
Balance .............................................................. 9 11 1,898 867 869 878
Reserve position on the U.S. quota in the IMF:
U.S. subscription to International Monetary Fund:
Direct quota payments .............................................. ...... ...... ...... 31,762 31,762 31,762
Maintenance of value adjustments ................................. 31 -1,671 2,689 8,196 6,495 6,525
Letter of credit issued to IMF ........ ............................... 34 3,295 -1,384 -26,315 -23,054 -23,020
Dollar deposits with the IMF ............... .......................... 4 12 -1 -105 -97 -93
Receivable/Payable (-) for interim maintenance of value
adjustments ...... .................................................... -18 -1,037 762 1,145 126 108
Balance .............................................................. 50 599 2,066 14,682 15,231 15,281
Loans to International Monetary Fund .................................. ...... ...... V I V I V I
Other cash and monetary assets ....................................... 346 5,064 7,028 30,525 35,243 35,589
Total Gash and monetary assets ............... ................ .... 33,924 5,757 35,590 84,023 55,856 89,780
Net activity, guaranteed loan financing .......... ........... ............ 272 450 -1,734 -12,714 -12,536 -12,264
Net activity, direct loan financing ..... .................................... 421 9,240 4,542 19,732 28,550 28,972
Miscellaneous asset accounts ...................... ...................... -972 -1,539 -480 -1,748 -2,315 -3,287
Total asset accounts ..................................................... 33,646 13,908 37,919 89,293 69,555 103,201
Excess of liabilities (+) or assets (-) .................................... -34,101 +75,022 +123,144 +3,585,012 +3,694,135 +3,660,034
Transactions not applied to current year's surplus or deficit (see
Schedule A for Details) ...... ............ ................................. .... ...... 525 ......
Total budget and off -budget federal entities (financing of deficit (+)
or disposition of surplus (-)) ............................................ -34,101 +75,022 +123,669 +3,585,012 +3,694,135 +3,660,034

'Major sources of information used to determine Treasury's operating cash income include No Transactions.
Federal Reserve Banks, the Treasury Regional Finance Centers, the Internal Revenue Service ') Less than $500,000 Centers, the Bureau of the Public Debt and various electronic systems. Deposits are reflected as Note: Details may not add to totals due to rounding received and withdrawals are reflected as processed.



20






Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, June 1996 and
Other Periods
[$ 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 3,694,135 3,584,970 3 422,146
Adjustments during current fiscal year for changes in composition
of unified budget:
Revisions by federal agencies to the prior budget results ...... ...... 43 -268
Excess of liabilities beginning of period (current basis) .... 3,694,135 3,585,012 3,421,878

Budget surplus (-) or deficit:
Based on composition of unified budget in prior fiscal yr -34,101 75,022 123,669
Changes in composition of unified budget ....... .....
Total surplus I-) or deficit (Table 2) .. __ ...... ... -- -34,101 75,022 123,669

Total-on-budget (Table 2) .... ____ ............ ...... ...... .... -12,557 139,605 183,628

Total-off -budget (Table 2) ............ ....... ................ -21,544 -64,583 -59,958

Transactions not applied to current years surplus or deficit:
Seigniorage .......... ....... ........ ...................... 525
Profit on sale of gold ................. ..................... .... ...... C I
Total-transactions not applied to current year's Surplus or
def icit ................... _ ........... ......... ........... -525

Excess of liabilities close of period ................................... 3,660,034 3,660,034 3,545,022




Table. Schedule B-Securities Issued by Federal Agencies Under Special Financing Authorities, June 1996 and
Other Periods
[$ millions]

Net Transactions Account Balances
denotes net reduction of Current Fiscal Year
liability accounts
Classification

This Month Fiscal Year to Date Beginning of Close of
This month
This Year I Prior Year This Year This Month

Agency securities, issued under special financing authorities: Obligations of the United States, issued by: Export-import Bank of the United States ............. ............... C 1) C I C
Federal Deposit Insurance Corporation:
FSLIC resolution fund .. .... ..................................... -32 -32 158 126 126
Obligations guaranteed by the United States, issued by: Department of Defense:
Family housing mortgages ...... 6 6 6
Department of Housing and Urban Development:
Federal Housing Administration ...... ...................... ...... 5 -25 -31 87 56 62
Department of the Interior:
Bureau of Land Management .......... ........... .......... ... .... 13 13 13
Department of Transportation:
Coast Guard: .
Family housing mortgages ...... .............. ... .... C I C I C
Obligations not guaranteed by the United States, issued by: Legislative Branch:
Architect of the Capitol ......................................... ...... 1 3 3 182 184 185
Department of Defense:
Homeowners assistance mortgages ... ........ ......... C ...... C
Independent agencies:
Farm Credit System Financial Assistance Corporation ........ ..... ...... ..... 1,261 1,261 1,261
National Archives and Records Administration ........................ ..... -2 -2 295 293 293
Postal Service .... ............ ...... ......... ............ ....... 4,406 ...... ...... 4,406 4,406
Tennessee Valley Authority ........... ................. .......... 513 4,505 -1,263 24,960 28,952 29,465
Total, agency securities ........................................... 520 8,856 -1,324 26,962 35,298 35,817

No Transactions.
*) Less than $500,000.
Note* Details may not add to totals due to rounding.










21






Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Public Debt Securities,
June 1996 and Other Periods
[$ millions]

Transactions Account Balances
Current Fiscal Year
Classification

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

Borrowing from the Treasury:
Funds Appropriated to the President:
International Security Assistance:
Foreign military loan program ...... .......................... .... ...... 343 345 788 1,131 1,131
Agency for International Development:
International Debt Reduction .......................................... ...... ...... ...... 335 335 335
Housing and other credit guaranty programs ........................ .... ...... ..... 125 125 125
Private sector revolving fund .............. ..................... ... ...... .. I ... 1 1 1
Overseas Private Investment Corporation ............................... .... 21 23 52 73 73
Department of Agriculture:
Farm Service Agency:
Commodity Credit Corporation ........................................ 700 -6,136 -8,107 6,987 151 861
Agricultural credit insurance fund .......... .......................... .... 681 -1,748 1,605 2,286 2,286
Natural Resources Conservation Service ................ .............. ...... 4 4 4
Rural Utilities Service:
Rural electrification and telephone revolving fund .................... -269 414 453 8,666 9,349 9,080
Rural Telephone Bank .......................................... -6 -64 83 664 606 600
Rural development insurance fund .... ................. ....... ..... ...... 220 715 2,806 3,026 3,026
Rural communication development fund .............................. ...... ...... 25 25 25
Rural housing and Community Development Service:
Rural housing insurance fund .................... ............... -135 816 1,212 5,353 6,304 6,169
Self-help housing land development fund ............................ ...... C I V I C I
Rural Business and Cooperative Development Service:
Rural development loan fund ......................................... ... 17 40 61 78 78
Rural economic development loan fund ..................... ........ ... ...... 11 30 30 30
Foreign Agricultural Service ............................................. ...... ...... 97 563 563 563
Department of Education:
Federal direct student loan program .................... ............... ...... 7,607 4,868 5,067 12,674 12,674
Federal family education loan program ................................. ...... ...... 1,134 1,134 1,134
College housing and academic facilities fund ........................... ..... ...... 18 184 184 184
College housing loans ........................... ....................... C I ...... 360 359 359
Department of Energy:
Isotope production and distribution fund ............................... ...... ...... -14 ...... ...... ......
Bonneville power administration fund ................................... ...... -165 35 2,563 2,398 2,398
Department of Housing and Urban Development:
Housing programs:
Federal Housing Administration .................. ......... .......... ...... -68 -21 1,647 1,579 1,579
Housing for the elderly and handicapped ...... ...................... ...... -805 -770 7,714 6,909 6,909
Public and Indian housing:
Low-rent public housing ....................... ....................... ...... .... -135 20 20 20
Department of the Interior:
Bureau of Reclamation Loans ......... ................................. ...... 9 2 17 26 26
Bureau of Mines, Helium Fund ... ............ .................... .... ...... ...... ...... 252 252 252
Bureau of Indian Affairs:
Revolving funds for loans ............................................. ...... ...... 8 28 28 28
Department of Justice:
Federal prison industries, incorporated .................................. ...... ...... ...... 20 20 20
Department of State:
Repatriation loans ........................................................ V I C I V I ...... C I
Department of Transportation:
Federal Highway Administration:
High priority quarters loan fund ...... ......................... .... ...... 21 32 32 32
Federal Railroad Administration:
Railroad rehabilitation and improvement
financing funds ... ..... .............................................. ...... C I C I C I
Amtrak corridor improvement loans ................................. ...... ...... C 1 3 3 3
O ther ................ .............................................. ...... ...... .... V I V I V I
Federal Aviation Administration:
Aircraft purchase loan guarantee program ........................... ...... ...... C I V I C I V I
Minority business resource center fund ................... ............ ...... 7 14 15 22 22
Department of the Treasury:
Federal Financing Bank revolving fund ...... ......................... -1,277 -20,644 -18,719 69,297 49,931 48,654
Department of Veterans Affairs:
Guaranty and indemnity fund ............ ........................... ... 1,161 586 302 1,463 1,463
Loan guaranty revolving fund ......... ............ ................... ...... 722 903 1,272 1,994 1,994
Direct loan revolving fund ....... ................. ........... ...... C I C 1 1 1 1
Native american veteran housing fund .................................. ...... 18 12 7 25 25
Vocational rehabilitation revolving fund ........................ ........ ...... C I C 1 2 2 2




22






Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Public Debt Securities,
June 1996 and Other Periods-Continued
[$ millions)

Transactions Account Balances
Current Fiscal Year
Classification

This Month Fiscal Year to Date Beginning of Close of
This Year prior Year I This Year I This Month This month

Borrowing from the Treasury:-Continued
Environmental Protection Agency:
Abatement, control, and compliance loan program ..... 10 11 37 47 47
Small Business Administration:
Business loan and revolving fund ........... ........................... .... 38 ..... 342 380 380
Disaster loan fund ... .................... .................. .... 852 ... 7,999 8,851 8,851
Independent agencies:
District of Columbia .............. ....... .... 232 147 147 379 379
Export-Import Bank of the United States ........... .......... ..... ...... 71 30 2,665 2,736 2,736
Federal Emergency Management Agency:
National insurance development fund ....... ................... ..... ...... 424 ..... 268 692 692
Disaster assistance loan fund ........ .......... ............... .... -28 169 222 195 195
Pennsylvania Avenue Development Corporation:
Land acquisition and development fund ...... ................... .... ...... 85 85 85
Railroad Retirement Board:
Rail industry pension fund ............................ ...... .... ...... 2,128 2,128 2,128
Social Security equivalent benefit account .... ................. -2,805 -730 -720 2,828 4,902 2,097
Smithsonian Institution:
John F. Kennedy Center parking facilities ... ... ...... 20 20 20
Tennessee Valley Authority ... .... ......... .......................... .... .... ..... 150 150 150
Total agency borrowing from the Treasury
financed through public debt securities issued .................. -3,791 -14,975 -20,430 134,892 123,708 119,917

Borrowing from the Federal Financing Bank:
Funds Appropriated to the President:
Foreign military financing program ...... ......... ........... -13 -170 -205 3,493 3.336 3,323
Department of Agriculture:
Farm Service Agency:
Agriculture credit insurance fund .......... .......................... -300 -1,175 -3,365 1,470 595 295
Rural Utilities Service:
Rural electrification and telephone revolving fund .................... 8 -323 -60 21,875 21,543 21,551
Rural development insurance fund .................................... ...... .... 3,675 3,675 3,675
Rural housing and Community Development Service:
Rural housing insurance fund .................. -390 -1,075 -760 21,700 21,015 20,625
Department of Defense:
Department of the Navy .................. ......... .... ...... ...... 1,624 1,624 1,624
Defense agencies .................... ........................... ...... -49 -47 -192 -242 -242
Department of Health and Human Services:
Medical facilities guarantee and loan fund ..... ......... ............ ... ...... -23 33 33 33
Department of Housing and Urban Development:
Low rent housing loans and other expenses .................... ...... -62 -58 1,689 1,627 1,627
Community Development Grants ...................... .............. ...... -8 -14 89 81 81
Department of Interior:
Territorial and international affairs .......... ........... .............. ...... -1 -1 21 20 20
Department of Transportation:
Federal Railroad Administration ..... ................................ V 1 -1 C 14 13 13
Federal Transit Administration ...................... ...... ...... -665
Department of the Treasury:
Financial Management Service .... ........ ............ ... ...... ... ......
General Services Administration:
Federal buildings fund ................... ........ -15 -30 102 1,893 1,878 1,863
National Aeronautics and Space Administration:
Space flight, control and data communications .... ... ...... ...... ...... ... ......
Small Business Administration:
Business loan fund ........ ...................... ........ -4 -34 -135 361 331 327
Independent agencies:
Export-import Bank of the United States ........ ................ -161 -659 -1,280 2,506 2,008 1,847
FSLIC resolution fund:
Resolution trust corporation closeout ..... ....... .... -411 -6,672 -10,742 13,209 6,947 6,536
Pennsylvania Avenue Development Corporation ........................ 8 82 91 374 447 455
Postal Service .... ... ... ..................... ........ .... ...... -7,265 -1,358 7,265 ... ... ......
Tennessee Valley Authority ....... ......... ............................ ...... -3,200 -200 3,200 .....
O th e r ......... ............. ............. ................. ...... ...... ...... ......
Total borrowing from the Federal Financing Bank ................ -1,277 -20,644 -18,720 84,298 64,932 63,655

Note This table includes lending by the Federal Financing Bank accomplished by the purchase ... No Transactions.
of agency financial assets, by the acquisition of agency debt securities, and by direct loans on (* *) Less than $500,000 behalf of an agency. The Federal Financing Bank borrows from Treasury and issues its own Note: Details may not add to totals due to rounding securities and in turn may loan these funds to agencies in lieu of agencies borrowing directly through Treasury or issuing their own securities.






23






Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, June 1996 and
Other Periods
111 millions]

Net Purchases or Sol" Securities Hold as investments
Current Fiscal Year
Classification
This Month Fiscal Year to Date Seonning of Close of
This Month I This month
This Year Prior Year Thisy 7 1

Federal funds:
Department of Agriculture ........................................... 3 8 V ...... 5 8
Department of Commerce ........................ ............... .... -5 3 20 15
Department of Defense-Military:
Defense cooperation account ........................................... ...... V 1 -4 1 1
Department of Energy .................. ............................ ..... -30 694 444 4,951 5,675 5,645
Department of Housing and Urban Development:
Housing programs:
Federal housing administration fund ...................... ........... V 1,158 -160 6,678 7,836 7,836
Government National Mortgage Association:
Management and liquidating functions fund:
Agency securities ................................................... ... 15 ...... 15 ...... ......
Guarantees of mortgage-backed securities:
Public debt securities ............. ............. ................... 24 393 351 4,210 4,580 4,604
Agency securities ..... ................................... ......... ...... 1 ... 1., 1 ... ...
Other ........ ...................... ................ ............ -31 -103 -38 209 137 105
Department of the Interior ................ ................... ........... -28 165 633 3,431 3,623 3,595
Department of Labor ................................................. : .... 48 154 178 5,796 5,902 5,950
Department of Transportation ... ......................................... 28 -36 46 481 418 446
Department of the Treasury ............................................... 17 1,861 -5,598 2,559 4,403 4,421
Department of Veterans Affairs:
Canteen service revolving fund ......................................... 1 5 6 38 42 43
Veterans reopened insurance fund ...... ............................... 18 7 12 526 516 534
Servicemen's group life insurance fund ................................. C V -38 4 4 4
Independent agencies:
Export-Import Bank of the United States .............................. -157 246 51 135 538 381
Federal Deposit Insurance Corporation:
Bank insurance fund ............................ ................... -107 829 7,549 21,017 21,953 21,846
Savings association insurance fund ................................... 311 892 929 3,600 4,181 4,492
FSLIC resolution fund ................................................. 15 -52 -705 528 460 475
Federal Emergency Management Agency:
National flood insurance fund ............................ ............ .... ...... 152 ...... ...... ......
National Credit Union Administration .................................... -5 129 264 3,325 3,460 3,454
Postal Service ........................ ................................. 298 588 2,601 1,249 1,539 1,837
Tennessee Valley Authority .............................................. ...... 154 -2,712 1,242 1,395 1,395
Other ............... ..................................................... 1 182 217 1,422 1,605 1,604
A gency securities ...... .................................................... ...... ...... ...... ...... ... ......
Other ........... ....................................................... V 1 347 335 2,978 3,326 3,326
Total public debt securities ...... ....................... ............ 404 7,618 4,212 64,399 71,613 72,017
Total agency securities ................................................ ...... 16 ...... 16 ...... ... ...

Total Federal funds ............................................. 404 7,602 4,212 64,415 71,613 72,017

Trust funds:
Legislative Branch:
Library of Congress ... ...................... ...................... -1 16 9 13 29 28
United States Tax Court ................... ...................... .... .. V I V *) 5 6 6
O ther .............. ............................................. 2 1 5 31 31 33
The Judiciary:
Judicial retirement funds .............. .................................. -2 45 38 287 333 332
Department of Agriculture .. ......................... ..................... V 1 68 18 310 379 379
Department of Commerce ................. ............................... V I V V V ...... V I
Department of Defense-Military:
Voluntary separation incentive fund ..................................... -24 181 -9 685 891 866
Other ..................... ........... ........................... ....... 1 19 -67 88 69 69
Department of Defense-Civil:
Military retirement fund .................................................. -1,483 7,762 11,208 112,963 122,207 120,724
Other ............ ..................................................... 10 160 81 1,495 1,665 1,655














24






Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, June 1996 and
Other Periods-Continued
($ millions]

Not Purchases or sales Securities Held as Investments
Current Fiscal Year
Classification This Month Fiscal Year to Date Beginning of Close of

This month
This Year Prior Year This Year This Month

Trust Funds-Continued
Department of Health and Human Services:
Federal hospital insurance trust fund ..... ................. ...... 5,551 26 6,843 129,864 124,339 129,890
Federal supplementary medical insurance trust fund ................... 2,321 11,384 -589 13,513 22,577 24,898
Other ..... ... ... ............ ......... .................... 10 82 127 992 1,065 1,074
Department of the Interior .................................... ............ 13 54 173 315 356 369
Department of Justice ... .............. .................................. -17 60 49 ... 77 60
Department of Labor:
Unemployment trust fund ....................... ...... ............... 273 6,499 6,918 47,141 53,367 53,641
Other ............. ....... .............................. -9 -27 -25 77 58 49
Department of State:
Foreign Service retirement and disability fund .................. ..... 572 557 557 7,801 7,786 8,358
O ther ...... .............................................................. .... 27 15 29 2 2
Department of Transportation:
Highway trust fund .. .................................... .............. 611 2,077 1,684 18,531 19,997 20,608
Airport and airway trust fund ......................................... -166 -2,096 -514 11,145 9,216 9,049
Other .. ...... .................... ................. .................... -7 28 202 1,880 1,915 1,908
Department of the Treasury ..... .................................... .... -28 -77 -98 235 186 158
Department of Veterans Affairs:
General post fund, national homes ....................... ............. ...... 1 -1 36 37 37
National service life insurance ........................................... 408 279 323 11,954 11,825 12,232
United States government life Insurance Fund ......................... (* 1 -7 -7 106 100 100
Veterans special life insurance fund ........................ ...... 62 59 58 1,546 1,543 1,605
Environmental Protection Agency .......................................... -53 116 680 7,243 7,412 7,360
National Aeronautics and Space Administration .......................... V I V 1 16 16 16
Office of Personnel Management:
Civil service retirement and disability fund:
Public debt securities ........................... ...................... 12,317 3,037 9,966 366,126 356,846 369,162
Agency securities .................................................... I .... 7,606 ...... ...... 7,606 7,606
Employees life insurance fund ................... ................. -11 833 589 15,839 16,683 16,672
Employees and retired employees health benefits fund ................ 88 -256 295 7,890 7,546 7,633
Social Security Administration:
Federal old-age and survivors insurance trust fund ... ................ 18,118 48,768 32,718 447,947 478,596 496,715
Federal disability insurance trust fund .................................. 2,824 12,429 26,652 35,225 44,830 47,654
Independent agencies:
Harry S. Truman memorial scholarship trust fund ..................... V 1 1 1 54 55 55
Japan-United States Friendship Commission ........................... V I V *) (I *) 16 16 16
Railroad Retirement Board .......... .............. ................. 63 2,028 1,266 14,440 16,405 16,468
Other .......... ........ ......... .............. .................... V I V 1 129 544 545 545
Total public debt securities ....... ................................... 41,420 94,041 99,264 1,256,385 1,309,006 1,350,426
Total agency securities ... ......... ...................... ........... ...... 7,606 ..... ...... 7,606 7,606
Total trust funds ................................................. 41,420 101,647 99,264 1,256,385 1,316,612 1,358,032

Grand total .................................................................. 41,824 109,249 103,476 1,320,800 1,388,225 1,430,049

No Transactions Note: Investments are in public debt securities unless otherwise noted.
Less than $500,000. Note: Details may not add to totals due to rounding.





























25






Table 7. Receipts and Outlays of the U.S. Government b Month, Fiscal Year 1996 millions)

Fiscal ComYear parable
Classification Oct. Nov. Dec. Jan. Feb. March April May June July Aug. Sept. TO Period
owe Prior
F.Y.

Receipts:
Individual income taxes ................. 51,840 39,524 53,179 86,192 40,327 22,523 107,513 29,914 60,816 491,826 442,307
Corporation income taxes ... ........... 2,180 1,694 38,021 5,158 1,692 15,460 24,937 2,570 36,957 128,670 118,2W
Social insurance taxes and
contributions:
Employment taxes and
contributions ........ .... 30,549 34,919 37,123 40,742 36,011 41,086 56,615 38,104 44,888 360,036 342,315
Unemployment insurance ... 1,214 2,940 223 1,081 2,546 258 3,628 10,155 400 22,444 22,553
Other retirement contributions ... .... 342 340 416 374 403 419 346 417 295 3,351 3,400
Excise taxes ................. ___ .... 4,453 5,154 4,870 4,241 4,308 4,133 4,577 4,113 4,310 40,159 41,949
Estate and gift taxes ... .......... ... 1,160 1,349 1,383 1,288 1,090 1.137 2,704 1,415 1,141 12,665 10,939
Customs duties .......... .... ......... 1,786 1,593 1,439 1,482 1,456 1,528 1,388 1,427 1,450 13,548 14,269
Miscellaneous receipts ................... 2,070 2,496 1,6181 2,364 1,5171 2,467 1,6801 1,929 1,663 1 1 17,803 22,116
Total-Receipts this year ........... 95,593 90,008 138,271 142,922 89,349 89,011 203,396 90,044 151,919 1,M,504 ......
(On-budget) ........................ 72,200 63,651 110,322 110,615 60,913 56,677 160,774 60,106 116,718 811,976 ......
(Off-budget) ........................ 23,393 26,357 27,949 32,307 28,437 32,334 42,613 29,938 35,201 278,528 ......
Toial-Receipts prior year ...... 89,024 87,673, 130,810 131,801 82,544. 92,532 165,392. 90,405 147,868, ...... 1,018,048
(On budget) 65,384 62,083 103,860 101,036 54,405 61,970 126,170 61,027 115,998 751,934
(Off budget) ....... ...... ...... 23,639 25,590 26,950 30,765 28,139 30,562 39,222 29,378 31,870 266,114

Outlays
Legislative Branch ........ .......... 175 173 158 262 199 162 172 205 167 1,673 2,019
The Judiciary .......... ................. 197 196 226 320 212 215 329 385 206 2,286 2,144
Executive Office of the President ....... 14 14 14 18 15 25 19 19 14 151 159
Funds Appropriated to the President:
International Security Assistance ..... 120 764 239 138 2,012 104 143 101 272 3,894 4,974
International Development
Assistance ........ ................. 801 256 240 585 261 416 626 241 457 3,884 3,865
Other ............ ................ -199 183 -286 350 67 305 58 250 -292 437 24
Department of Agriculture:
Commodity Credit Corporation and
Foreign Agricultural Service ......... 820 2,104 352 112 -31 -313 -473 -356 -459 1,754 8,991
Other ............. ...... ___ ... 4,990 4,436 3,888 4,138 3,713 4,229 3,738 4,113 4,017 37,262 37,839
Department of Commerce .... ....... 353 280 2501 363 3071 287 3221 335 239 1 1 2,738 2,570
Department of Defense:
Military:
Military personnel ................ 3,033 5,927 8,009 3,325 5,760 5,552 5,522 8,092 3,445 48,664 52,926
Operation and maintenance ........ 5,957 6,721 7,265 7,723 7,579 7,562 7,598 8,392 7,593 66,390 66,993
Procurement ........ .............. 3,616 3,250 3,924 4,579 3,396 4,562 4,201 4,185 4,736 36,450 41,173
Research, development, test, and
evaluation ................. ....... 2,645 2,689 2,905 2,985 2,878 3,199 3,179 3,368 3,048 26,895 26,006
Military construction .............. 535 611 635 543 429 517 625 677 406 4,976 4,8W
Family housing ..... .............. 307 287 296 337 283 327 314 336 30.4 2,790 2,575
Revolving and management
funds ................. 796 1,105 702 -145 182 -61 482 769 -772 3,058 466
Other ...................... 381 -328 253, 24 -281 -101 -1331 -160 17 1 1 -76 -515
Total Military ................... 17,270 20,262 23,988 19,371 20,478 21,556 21,787 25,658 18,776 189,148 194,429
Civil ....... ... ................... 2,660 2,707 2,593 2,718 2,853 2,664 2,683 2,774 2,635 24,287 23,508
Department of Education ......... 2,056 2,336 1,891 3,624 2,568 2,620 2,356 1,906 2,194 21,551 23,217
Department of Energy .................. 1,495 1,383 1,498 1,139 1,285 1,222 1,136 1,200 1,422 11,781 13,048
Department of Health and Human
Services:
Public Health Service ......... ....... 1,873 1,672 1,453 1,616 1,789 2,032 2,004 1,611 1,731 15,781 15,480
Health Care Financing Administration:
Grants to States for Medicaid 7,252 8,071 6,702 6,730 7,411 7,787 7,853 9,144 7,581 68,531 66,999
Federal hospital ins. trust fund 9,082 9,869 10,302 10,169 10,709 10,410 10,947 14,699 8,880 95,068 85,685
Federal supp, med. ins. trust
fund ............ ............... 5,367 5,913 6,032 5,758 5,043 5,367 5,793 6,875 4,815 50,963 47,852
Other .................. __ ........ 3,934 3,792 3,577 6,161 4,814 12,356 6,450 4,737 5,365 51,186 36,061
Administration for children and
families ... __ ... ................... 2,426 2,972 2,607 3,051 2,795 2,306 2,729 2,867 2.296 24,049 24,454
Other ., ................. .......... -5,515 -5,462 -4,906 -8,033 -6,357 -13,892 -7,924 -8,542 -7,007 -67,638 -49,769
Department of Housing and Urban
Development .......... ......... 1,087 2,350 2,701 2,646 2,162 3,122 2,308 2,384 1,348 20,109 21,998
Department of the Interior ........... 641 477 499 536 624 485 504 567 497 4,830 5,367
Department of Justice ...... 809 985 838 1,112 933 920 1,020 1,079 945 8,641 7,783
Department of Labor:
Unemployment trust fund ............. 1,786 1,864 2,133 2,872 2,596 2,613 2,503 2,136 1,853 20,356 19,341
Other .... ____ ............... ... 730 957 298 661 -76 377 702 252 682 4,582 4,918
Department of State .... __ .......... 531 341 439 3DO 423 432 357 404 332 3,559 4,196
Department of Transportation:
Highway trust fund ......... 1,632 1,873 1,492 1,315 1,401 1,471 1,414 1,649 1,753 13,999 13,705


26






Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 1996-Continued [S millions]

Fiscal ComnYear parable
Classification Oct. Nov. Dec. Jan. Feb. March April May June July Aug. Sept. To Period
Dt Prior
Dae F.Y.


Outlays-Continued
Other ..................... ...... 1,506 1,427 1,630 1,800 1,578 1,443 1,471 1,667 1,441 13,964 14,595
Department of the Treasury:
Interest on the public debt .........21,631 26,006 60,676 20,923 20,977 20,739 21,481 26,902 59,749 279,084 268,992
Other........ ... .. 30 -1,053 1,146 405 6,870 7,171 2,939 1,686 1,753 20,885 15,297
Department of Veterans Affairs:
Compensation and pensions 101 1,488 2,911 83 1,561 1,569 1,575 3,047 113 12,447 13,368
National service life .._*..**.... 75 63 63 83 91 105 95 87 82 745 736
United States government life .... 1 1 1 1 1 2 1 1 1 11 13
Other ....................... ... 1,442 1,710 1,441 1,985 1,231 1,612 1,279 2,100 1,370 14,169 14,298
Environmental Protection Agency 484 538 435 595 526 481 494 471 478 4,502 4,682
General Services Administration ... 339 389 477 -393 382 396 -739 -520 423 755 870
National Aeronautics and Space
Administration ..... 1,128 1,119 973 1,208 1,073 1,057 1,193 1,281 1,155 10,187 9,910
Office of Personnel Management .. 3,576 3,418 3,576 3,379 3,252 3,758 3,756 3,377 3,893 31,984 30,831
Small Business Administration .... 16 238 76 -9 23 41 31 40 38 495 639
Social Security Administration:
Federal old-age and survivors ins.
trust fund (off-budget) .............. 24,544 24,413 25,064 25,126 25,163 25,337 25,342 25,329 28,881 229,197 221,012
Federal disability ins, trust fund (offbudget) ............ .............. 3,516 3,475 3,773 3,581 3,671 3,786 3,751 3,830 3,804 33,188 30,717
Other ........ *.............174 2,233 3,941 254 2,372 2,261 2,340 4,491 () 18,066 19,595
Independent agencies:
Fed. Deposit Ins. Corp:
Bank insurance fund ..............-609 -69 20 -110 -10 59 -132 -3 99 -756 -7,437
Savings association insurance
fund ................. ......... 40 -14 -82 -235 -2 -142 -33 -21 -311 -880 -925
FSLIC resolution fund:
RTC closeout... ...... ....... -1,502 -840 -638 -797 -676 -638 -370 -355 -287 -6,103 -8,078
Other ......................... 407 87 -71 -37 -27 -33 -19 -106 -15 186 673
Affordable housing and bank
enterprise.................... (........ ......() ) () () ) () ( 1 4
Postal Service:
Public enterprise funds (offbudget) .......... ......... ... -374 -618 333 -883 -280 -674 -721 438 -490 -3,269 -3,97P
Payment to the Postal Service
fund .. ... ........ ..........55 ..........3 21 ...... .........21 ...... ...................101 107
Oversight Board................... 556 (*' (*) ( ") I('* ) (* *)I () (* ) (I 1 558 -2
Tennessee Valley Authonity............123 186 96 106 -108 -106 25 102 372 796 1,217
Other independent agencies ........2.026 1,792 1,069 1,408 1,655 1,417 1,577 1,746 -1,681 11,010 10,792
Undistributed offsetting receipts:
Employer share, employee
retirement........ ............... -2,404 -2,365 -2.562 -2,491 -2,559 -2,282 -2,428 -2,583 -2,558 -22,233 -22,981
Interest received by trust funds ........-415 -5,736 -40,465 -65 -1,028 -143 -990 -5,951 -41,133 -95,926 -91,602
Rents and royalties on outer
continental shelf lands..... ........ -361 -200 -121 -322 -295 -8 -499 -408 -78 -2,292 -1,882
Other ....... ...............~ ()..........()...... ...... -200 -51 () ( -205 -610

Totals this year
Total outlays ..................... 118,352 128,458 132,984 123,647 133,644 136,286 130,993 143,342 117,818 1,165,526 ...
(On-budget)..................... 92,151 101,767 121,753 98,056 105,711 108,365 105,131 114,485 104,161 951,581 ...
(Off-budget) .................... 26,201 26,691 11,231 25,591 27,933 27,921 25,863 28,856 13,657 213,945
Total-surplus (+) or deficit (-) ...-22,758 -38,450 +5,286 +19,274 -44,295 -47,275 +72,393 -53,298 +34,101 -75,022 ...
(On-budget).................... -19,951 -38,116 -11,431 +12,558 -44,799 -51,688 +55,643 -54,380 +12,557 -139,605 ...
(Off-budget) .................... -2,807 -334 +16,717 +6,716 +504 +4,413 +16,750 +1,082 +21,544 +64,583 ...
Total borrowing from the public ... 13,353 38,339 -18,358. -4,747 47,022. 38,189 -35,466, 20,633 -8,619, 90,347 151,208
Total-outlaps prior Year ..... 120.365 124.915 135.6 13 116,166 120.899 143,074 115 673 129,958 135.054 ..-1,141,7117
(On-budget).... ................. 95.307 99,464 124,316 90,883 94,421 117,123 90.628 103,184 120,236 ... 935.561

(Oft-budget)......_..............25.059 25.452 11,297 25,282 26,478 25.951 25.045 26.773 14.818 206,156
Tolal-surpui (+ or deficit ()prior
e................... -31,342 -37-242 -4,803 +15,635 -38.355 -50,543 +49,720 -39.553 +12.814 -123.669

(On-budget) .................... -29922 -37381 -20,456 + 10,152 -40.016 -55,153 +35.542 -42,157 -4,237 /183,628
(Oil-budget)...........-1420 +138 +15.653 +5.483 +1,661 +4.610 +14.178 +2.604 +17,051 +59,958

No transactions.
') Less than $500,000.
Note: Details may not add to totals due to rounding.





27






Table 8. Trust Fund Impact on Budget Results and Investment Holdings as of June 30, 1996 [$ millions]

This Month Fiscal Year to Date Securities hold as Investments
Classification Current Fiscal Year

Receipts Outlays Excess Receipts Outlays Excess Beginning of lose of
-This Yearl This Month This Month
Trust receipts, outlays, and investments
held:
Airport and airway ...... ...... .............. 315 534 -219 2,608 4,775 -2,168 11,145 9,216 9,049
Black lung disability .................. ....... 51 47 4 450 409 41 ...... ..... ......
Federal disability insurance ... ................ 6,659 3,804 2,854 45,647 33,188 12,460 35,225 ",830 47,654
Federal employees life and health ........... ...... 75 -75 ..... 1 -551 551 23,729 24,229 24,306
Federal employees retirement ................ 15,533 3,"2 12,091 40,828 30,049 10,779 374,219 372,577 385,464
Federal hospital insurance ................. 15,646 8,880 6,766 95,660 95,068 593 129,864 124,339 129,890
Federal old-age and survivors insurance .... 47,080 28,881 18,199 278,052 229,197 48,854 "7,947 478,596 496,715
Federal supplementary medical insurance ... 6,963 4,815 2,148 62,817 50,963 11,855 13,513 22,577 24,898
Hazardous substance superfund ............. 59 127 -68 1,025 1,018 7 6,181 6,349 6,302
Highways ..................................... 3,275 1,928 1,347 18,773 16,701 2,072 18,531 19,997 20,608
Military advances ............................. 1,324 1,028 297 10,669 10,452 217 ...... ......
Military retirement ............................ 874 2,418 -1,543 30,015 21,536 8,479 112,963 122,207 120,724
Railroad retirement ........................... 3,296 664 2,632 6,999 6,006 994 14,440 16,405 16,468
Unemployment ................................ 2,093 1,853 240 26,276 20,356 5,920 47,141 53,367 53,641
Veterans life insurance ....................... 538 37 502 1,231 870 361 13,606 13,468 13,937
All other trust ................................. 191 380 -189 2,504 2,841 -337 7,880 8,455 8,377
Total trust fund receipts and outlay
and investments held from Table 6D .......................................... 103,895 58,911 44,984 623,554 522,877 100,677 1,256,385 1,316,612 1.358.032
Less: Interfund transactions .................... 52,418 52,418 ...... 189,371 189,371 ......
Trust fund receipts and outlays on the basis
of Tables 4 & 5 ............................... 51,477 6,493 44,984 434,183 333,507 100,677
Total Federal fund receipts and outlays .... 103,798 114,681 -10,883 683,562 859,261 -175,699
Less: Interfund transactions .................. 260 260 ...... 495 495 ......
Federal fund receipts and outlays on the
basis of Table 4 & 5 ......................... 103,537 114,421 -10,883 683,067 858,766 -175,699
Less: Offsetting proprietary receipts ........... 3,095 3,095 ...... 26,747 26,747 .....
Net budget receipts & outlays ............... 151,919 117,818 34,101 1,090,504 1,165,526 -75,022

... No transactions. Note: Details may not add to totals due to rounding.
Note: Interfund receipts and outlays we 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 receipts side of such transactions is offset against budget outlays. In this tabW Interfund receipts are shown as an adjustment to arrive at total receipts and outlays of trust funds respectively.






































28






Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, June 1996
and Other Periods
[$ millions]
Fiscal Year Comparable Period
Classification This Month To Date Prior Fiscal Year

RECEIPTS
Individual income taxes .. ....... ................. ................ 60,816 491,826 442,307
Corporation income taxes ..... ........ ............ .......... 36,957 128,670 118,200
Social insurance taxes and contributions:
Employment taxes and contributions .. ....... ....... ... 44,888 360,036 342,315
Unemployment insurance ............................. 400 22,444 22,553
Other retirement contributions ............ ........ 295 3,351 3,400
Excise taxes ... ................... ........ ........... ....... 4,310 40,159 41,949
Estate and gift taxes ... ...... ................ ....... .... 1,141 12,665 10,939
Customs ....... ............... -- ................. ... -- .... 1,450 13,548 14,269
M iscellaneous .. ......... ........... ........ ............. 1,663 17,803 22,116
Total ......................................................... 151,919 1,090,504 1,018,048

NET OUTLAYS
National defense ... ...................... .................... 19,769 198,343 203,906
International affairs .......... ........ ........ .................... 837 11,196 12,647
General science, space, and technology ........... ...... ....... 1,536 13,072 12,929
Energy ... ...................................................... 822 2,030 3,618
Natural resources and environment ............ ................... 1,543 17,029 17,487
Agriculture .................... .... ............ ............... 124 4,178 10,809
Commerce and housing credit ..................................... -1,368 -10,910 -17,905
Transportation .......... ........................ ...... 3,185 27,819 28,154
Community and Regional Development ............................ 896 8,237 8,073
Education, training, employment and social services ... ...... 3,903 37,575 39,406
Health ... ... ....... ....... ............ ..... 9,762 88,435 86,459
M edicare .... ..................................... ............. 12,049 128,585 118,568
Income security ............. ........ .............................. 11,332 173,290 167,947
Social Security ..... ............................... ................ 32,682 262,040 251,723
Veterans benefits and services ... .... ........................... 1,570 27,473 28,560
Administration of justice .. .... ....... ............................. 1,327 12,735 11,845
General government ........... ............ ........... .... 1,755 8,992 10,584
Interest ... ... ......... .... ........................ .......... 18,977 180,136 172,381
Undistributed offsetting receipts ...... ................. -2,636 -24,729 -25,473
Total ......................................................... 117,818 1,165,526 1,141,717


Note: Details may not add to totals due to rounding.











































29






Explanatory Notes
1. Flow of Data Into Monthly Treasury Statement the employee and credits for whatever purpose the money was withheld.
The Monthly Treasury Statement (MTS) is assembled from data in the Outlays are stated net of offsetting collections (including receipts of central accounting system. The major sources of data include monthly revolving and management funds) and of refunds. Interest on the public accounting reports by Federal entities and disbursing officers, and daily debt (public issues) is recognized on the accrual basis. Federal credit reports from the Federal Reserve banks. These reports detail accounting programs subject to the Federal Credit Reform Act of 1990 use the cash transactions affecting receipts and outlays of the Federal Government basis of accounting and are divided into two components. The portion of and off-budget Federal entities, and their related effect on the assets and the credit activities that involve a cost to the Government (mainly liabilities of the U.S. Government. Information is presented in the MTS on subsidies) is included within the budget program accounts. The remaining a modified cash basis. portion of the credit activities are in non-budget financing accounts.
Outlays of off-budget Federal entities are excluded by law from budget
2. Notes on Receipts totals. However, they are shown separately and combined with the onReceipts included in the report are classified into the following major budget outlays to display total Federal outlays. categories: (1) budget receipts and (2) offsetting collections (also called
applicable receipts). Budget receipts are collections from the public that 4. Processing 'result from the exercise of the Government's sovereign or governmental The data on payments and collections are reported by account symbol powers, excluding receipts offset against outlays. These collections, also into the central accounting system. In turn, the data are extracted from called governmental receipts, consist mainly of tax receipts (including this system for use in the preparation of the MTS. social insurance taxes), receipts from court fines, certain licenses, and There are two major checks which are conducted to assure the deposits of earnings by the Federal Reserve System. Refunds of receipts consistency of the data reported: are treated as deductions from gross receipts.
Offsetting collections are from other Government accounts or the 1. Verification of payment data. The monthly payment activity reported by public that are of a business-type or market-oriented nature. They are Federal entities on their Statements of Transactions is compared to the classified into two major categories: (1) offsetting collections credited to payment activity of Federal entities as reported by disbursing officers. appropriations or fund accounts, and (2) offsetting receipts (i.e., amounts 2. Verification of collection data. Reported collections appearing on deposited in receipt accounts). Collections credited to appropriation or Statements of Transactions are compared to deposits as reported by fund accounts normally can be used without appropriation action by Federal Reserve banks. Congress. These occur in two instances: (1) when authorized by law,
amounts collected for materials or services are treated as reimburse- S. Other Sources of Information About Federal Government ments to appropriations and (2) in the three types of revolving funds Financial Activities (public enterprise, intergovernmental, and trust); collections are netted
against spending, and outlays are reported as the net amount. A Glossary of Terms Used in the Federal Budget Process, January
Offsetting receipts in receipt accounts cannot be used without being 1993 (Available from the U.S. General Accounting Office, P.O. Box 6015, appropriated. They are subdivided into two categories: (1) proprietary Gaithersburg, Md. 20877). This glossary provides a basic reference receipts-these collections are from the public and they are offset against document of standardized definitions of terms used by the Federal outlays by agency and by function, and (2) intergovernmental funds- Government in the budgetmaking process. these are payments into receipt accounts from Governmental appropriation or funds accounts. They finance operations within and between Daily Treasury Statement (Available from GPO, Washington, D.C. Government agencies and are credited with collections from other 20402, on a subscription basis only). The Daily Treasury Statement is Government accounts. The transactions may be intrabudgetary when the published each working day of the Federal Government and provides data payment and receipt both occur within the budget or from receipts from on the cash and debt operations of the Treasury. off-budget Federal entities in those cases where payment is made by a
Federal entity whose budget authority and outlays are excluded from the e Monthly Statement of the Public Debt of the United States budget totals. (Available from GPO, Washington, D.C. 20402 on a subscription basis
Intrabudgetary transactions are subdivided into three categories: only). This publication provides detailed information concerning the public
(1) interfund transactions, where the payments are from one fund group debt. (either Federal funds or trust funds) to a receipt account in the other fund Treasury Bulletin (Available from GPO, Washington, D.C. 20402, by group; (2) Federal intrafund transactions, where the payments and subscription or single copy). Quarterly. Contains a mix of narrative, tables, receipts both occur within the Federal fund group; and (3) trust intrafund and charts on Treasury issues, Federal financial operations, international transactions, where the payments and receipts both occur within the trust statistics, and special reports. fund group.
Offsetting receipts are generally deducted from budget authority and Budget of the United States Government, Fiscal Year 19
outlays by function, by subfunction, or by agency. There are four types of (Available from GPO, Washington, D.C. 20402). This publication is a receipts, however, that are deducted from budget totals as undistributed single volume which provides budget information and contains: offsetting receipts. They are: (1) agencies' payments (including payments
by off-budget Federal entities) as employers into employees retirement -Appendix, The Budget of the United States Government, FY 19 funds, (2) interest received by trust funds, (3) rents and royalties on the -The United States Budget in Brief, FY 19 Outer Continental Shelf lands, and (4) other interest (i.e., interest collected -Special Analyses on Outer Continental Shelf money in deposit funds when such money is -Historical Tables transferred into the budget). -Management of the United States Government
-Malor Policy Initiatives
3. Notes on Outlays
Outlays are generally accounted for on the basis of checks issued, United States Government Annual Report and Appendix (Available electronic funds transferred, or cash payments made. Certain outlays do from Financial Management Service, U.S. Department of the Treasury, not require issuance of cash or checks. An example is charges made Washington, D.C. 20227). This annual report represents budgetary against appropriations for that part of employees' salaries withheld for results at the summary level. The appendix presents the individual receipt taxes or savings bond allotments these are counted as payments to and appropriation accounts at the detail level.



30















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