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
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 July 31, 1996, and Other Periods




Highlight I 9


The Interest on the Public Debt is $21.1 billion which is 16 peint- f the total, (urrnt month Federal Outlays. '>-7 :


RECEIPTS, OUTLAYS, AND SURPLUS/DEFICIT
THROUGH JULY 1996

1400-Contents
1200- Summary, page 2
B
1000 OUTLAYS Receipts, page 6
L 800 Outlays, page 7
Li
LMeans of financing, page 20
0 60- Receipts/outlays by month, page 26

N Federal trust funds/securities, page 28
S 20 oDEFICIT Receipts by source/outlays by
function, page 29
Explanatory notes, page 30
-200 [k'


Compiled and Published by

Department of the Treasury df"
Financial Management Service WHf






Introduction
The Monthly Treasury Statement of Receipts and Outlays of the United States of receipts are treated as dedtcftm 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 4xiblic 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 provkJed by Federal entities, disbursing officers, accounting data reported by Federal entities, disbursing officers, and Federal and Federal Reserve banks. Reserve banks.


Audience Triad of PublWations
The MTS is published to meet the needs of: Those responsible for or interested The MTS is part of a tried of Treasury financial reports. The Daily Treasury in the cash position of the Treasury; Those who are responsible for or interested in StaWnent is published each working day of the Federal Government. it provides the Government's budget results, and individuals and businesses whose operations data on tha cash and debt operations of the Treasury based upon reporting of the depend upon or are related to the Government's financial operations. Treasury account balances by Federal Reserve banks. The MTS is a report of
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 ths 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 Deft 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 concern. modified 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 Deficit/Surplus of the U.S. Government, Fiscal Years 1995 and IM,
by Month
[$ millions]

Period Receipts Outlays D~ 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-WDate ........................... 11,350,578 11,514,434 1163,856
IFY 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 .................................. 89,349 133.6" 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
July ....................................... 103,813 130,909 27,096
Year-to-Date ........................... 1,194,317 1,296,434 102,118

'The receipt, outlay and deficit figures differ from ft 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.





Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, July 1996 and
Other Periods
_______________[$ millions]__________ ________Current Budget Prior Budget
ClsiiainThis FiclEstimates Fiscal Year Estimates
ClsiiainMonth FYal Dt Full Fiscal to Date Next Fiscal
Yea t DteYear' (1995) Year (1997)1



Total on-budget and off-budget results:
Total receipts ... ...... ......... 103,813 1.194,317 1,453,350 1,110,797 1,504,854

On-budget receipts ..75,202 887,178 1,085,659 817,722 1,117,443
Off-budget receipts ... ...... .. 28,610 307,138 367,691 293,075 387,411
Total outlays ...... ..... ... 130,909 1,296,434 1,570,100 1,248,045 1,630,587

On-budget outlays .......................104,454 1,056,035 1,268,321 1,016,492 1,313,150
Off-budget outlays .. ............................ 26,455 240,399 301,779 231,552 317,437
Total surplus (+t) or deficit (-) .... ............. ..........-27,096 -102,118 -116,750 -137,248 -125,733

On-budget surplus(+ or deficit ............ -29,252 -168,857 -182,662 -198,770 -195,707
Off-budget surplus ()or deficit .(- ........ +2,156 +66.739 +65,912 +61,522 +69,974
Total on-budget and off-budget financing .......27,096 102,118 116,750 137,248 125,733

Means of financing:
Borrowing from the public ...................... 29,098 119,445 143,668 161,835 147,069
Reduction of operating cash, increase (-) ....1,261 1,178 -2,051 -12,963 ...
By other means ...... ........ ....... ..........-3,263 -18,505 -24,867 -11,624 -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- Outlays
180
160-A
140


100- \% V /

Receipts





Deict-)Srpu

Oc. Dc e. Ar Jn u. Ot e. e. Ar u.Jl

FY F

95A 96


03




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


$ billions
250


200- Total Receipts


150
100- i cial Security 100


so



Other Taxes and Receipts
0 1 T I I I --I I I I I I I I
Oct. Dec. Feb. Apr. Jun. Aug. Oct. Dec. Feb. Apr. Jun.Jul.

FY FY
95 96




Figure 3. Monthly Outlays of the U.S. Government, by Function, Fiscal Years 1995 and 1996 $ billions
180

160- Total OutlaysI

140

120
Social Security & Medicare
100


0






9509
her Non-Defens 40



20- Nationa Dees

Oct. Dec. Feb. Apr. Jun. Aug. Oct. Dec. Feb. Apr. Jun. Jul.

FY FY
95 96



4






Table 3. Summary of Receipts and Outlays of the U.S. Government, July 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 ............. ........ .............. 49,814 541,640 485,126 653,335
Corporation income taxes .................. ........ 4,975 133,645 121,597 170,708
Social insurance taxes and contributions:
Employment taxes and contributions (off-budget) ............ 28,610 307,138 293,075 367,691
Employment taxes and contributions (on-budget) ............ 8,336 89,844 83,754 107,340
Unemployment insurance ........ ............... ... ....... 1,939 24,384 24,189 28,845
Other retirement contributions ....... ................ .... 372 3,724 3,750 4,448
Excise taxes .... ...... __ ...... ........ ................ 4.508 ",667 47,023 56,413
Estate and gift taxes ...... ....... ........ ............ 1,259 13,925 11,976 16,975
Customs duties .. .... ................................ ...... 1,712 15,260 15,872 18,307
Miscellaneous receipts ...... ................... 2,287 20,090 24,436 29,288
Total Receipts ................................................. 103,813 1,194,317 1,110,797 1,453,350
(On-budget) .................................................. 75,202 887,178 817,722 1,085,659
(Off-budget) ................................................. 28,610 307,138 293,075 367,691

Budget Outlays
Legislative Branch ................... ____ ....... 243 1,916 2,244 2,695
The Judiciary ....... ........ ....... ...................... 319 2,605 2,342 3,297
Executive Office of the President .. ............................. 19 170 181 203
Funds Appropriated to the President .............. ........ -209 8,006 8,902 9,672
Department of Agriculture ........... .......... ................ 4,545 43,561 50,309 56,498
Department of Commerce ....... .......... ......... .... 379 3,117 2,927 3,762
Department of Defense-Military .............................. 21,602 210,750 211,556 254,803
Department of Defense-Civil .............. __ ............... 2,756 27,043 26,125 32,338
Department of Education ..... ................................ 1,462 23,013 24,503 30,203
Department of Energy ........................................ _. 1,326 13,107 14,414 14,611
Department of Health and Human Services ......... .......... 28,228 266,167 249,469 324,499
Department of Housing and Urban Development ............... 2,449 22,558 24,283 26,353
Department of the Interior .. ... .... ...... .................. 569 5,399 5,930 6,988
Department of Justice ............................................ 1,275 9,916 8,955 12,386
Department of Labor ......... ...................... ........ 2,853 27,791 27,009 33,893
Department of State ..... .................................. 725 4,284 4,520 5,385
Department of Transportation ............ ....... ......... 3,652 31,615 31,649 39,760
Department of the Treasury:
Interest on the Public Debt ............. ............ ........ 21,100 300,184 289,938 344,541
Other .......... ............. .................................. 304 21,189 15,903 21,759
Department of Veterans Affairs .................................. 3,251 30,623 29,999 37,751
Environmental Protection Agency ..... .... ...... .......... 567 5,069 5,175 6,286
General Services Administration ................................. -812 -58 186 682
National Aeronautics and Space Administration ................. 1,280 11,467 10,942 14,215
Office of Personnel Management ................... I .... ...... 3,854 35,838 34,388 42,471
Small Business Administration .... ...... ....... ........ ..... 31 526 653 1,027
Social Security Administration ... .... .... ............ ..... 31,693 312,145 299,638 376,703
Other independent agencies ............................. ....... 1,108 2,752 -6,726 13,149
Allow ances ........... .......................... ..... ...... ..... 322
Undistributed offsetting receipts:
Interest ......... .......... ................. ............. -116 -96,042 -91,731 -97,570
Other ......... .................... -3,5" -28,273 -35,637 -47,938
Total outlays ................................................... 130,909 1,296,434 1,248,045 1,570,100
(On-budget) .................................................. 104,454 1,056,035 1,016,492 1,268,321

(Off -budget) ................................................. 26,455 240,399 231,552 301,779

Surplus (+) or deficit (-) .................................... -27,096 -102,118 -137,248 -116,750
(On-budget) .................................................. -29,252 -168,857 -198,770 -182,662

(Off-budget) ................................................. +2,156 +66,739 +61,522 +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, July 1996 and Other Periods [$ millions]
This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Refunds R Gross Refunds R Gross Refunds Receipts
Receipts (Deduct) ecelpts Receipts (Deduct) ece'Pts Receipts I (Deduct)

Individual income taxes:
W ithheld ................. ......... ...... .................. 48,072 449,709 421,972
Presidential Election Campaign Fund ........... __ ........ 4 64 66
Other ..... ......................... ... .................. 3,631 177.532 144,504
Total-individual income taxes ......................... 51,707 1,893 49,814 627,305 85,685 541,640 586,642 81,416 485,126
Corporation income taxes .................................... 5,656 681 4,975 148,958 15,314 133,645 137,419 15,822 121,597
Social insurance taxes and contributions:
Employment taxes and contributions:
Federal old-age and survivors ins. trust fund:
Federal Insurance Contributions Act taxes ............ 24,003 ...... 24,003 247,589 643 246,945 220,050 ...... 220,050
Self-Employment Contributions Act taxes ...... ...... 306 ...... 306 13,676 ...... 13,676 14,829 ...... 14,829
Deposits by States ........... ......................... 1 ...... 1 -31 ...... -31 1 ...... I
Other ......... .......................................... C I ...... C I V I ...... V I V I ...... V I
Total-FOASI trust fund ............................. 24,310 ...... 24,310 261,234 643 260,590 234,881 ... 234,881
Federal disability insurance trust fund:
Federal Insurance Contributions Act taxes ............ 4,248 ...... 4,248 44,107 119 43,987 54,969 ...... 54,969
Self-Employment Contributions Act taxes ............. 53 ...... 53 2,561 ...... 2,561 3,225 ...... 3,225
Receipts from railroad retirement account ............. ...... ...... ...... ...... I ..... ...... ...... ..... ......
Deposits by States .................. .................. V I V I V I ...... V I V *) ... V I
O the r .................................................... ...... ...... ...... ...... ...... ...... ...... ......
Total-FDI trust fund ................................ 4,301 ...... 4,301 46,667 119 46,548 58,194 ...... 58,194
Federal hospital insurance trust fund:
Federal Insurance Contributions Act taxes ............ 7,756 ...... 7,756 80,815 -13 80,828 74,079 ... 74,079
Self-Employment Contributions Act taxes ............. 117 ..... 117 5,457 ...... 5,457 6,028 ...... 6,028
Receipts from Railroad Retirement Board ............. ...... ... ...... 362 ...... 362 359 ...... 359
Deposits by States ....... ............................. V I ...... V 1 1 ...... 1 C I V I
Total-FHI trust fund ................................ 7,873 ...... 7,873 86,635 -13 86,648 80,466 ... 80,466
Railroad retirement accounts:
Rail industry pension fund ............................. 275 1 274 2,052 92 1,959 2,073 18 2,055
Railroad Social Security equivalent benefit ............ 189 ...... 189 1,236 1,236 1,234 ...... 1,234
Total-Employment taxes and contributions ........ 36,947 1 36,946 397,824 842 396,982 376,846 18 376,829
Unemployment insurance:
State taxes deposited in Treasury ....................... 1,382 ...... 1,382 19,104 ..... 19,104 19,040 19,040
Federal Unemployment Tax Act taxes ................... 573 22 552 5,341 85 5,256 5,216 91 5,125
Railroad unemployment taxes ............................ 6 6 24 ...... 24 23 ...... 23
Railroad debt repaym ent ................................. ...... ...... ...... ...... ...... ...... ...... ...... ......
Total-Unemployment insurance ....................... 1,961 22 1,939 24,469 85 24,384 24,280 91 24,189
Other retirement contributions:
Federal employees retirement employee
contributions ....... ......................... ............ 365 ...... 365 3,656 ...... 3,656 3,676 ...... 3,676
Contributions for non-federal employees ................. 7 ...... 7 67 ...... 67 74 ...... 74
Total-Other retirement contributions .................. 372 ...... 372 3,724 ...... 3,724 3,750 ...... 3,750
Total-Social insurance taxes and
contributions ........................................ 39,280 22 39,258 426,017 927 425,090 404,876 109 404,767
Excise taxes:
Miscellaneous excise taxes' ................... ............ 1,601 101 1,500 22,721 891 21,830 23,937 785 23,152
Airport and airway trust fund ............................... 20 4 15 1,906 21 1,885 4,578 26 4,552
Highway trust fund .......................................... 3,154 210 2,944 20,786 329 20,457 19,388 585 18,803
Black lung disability trust fund ........................... 48 ...... 48 495 ...... 495 515 ...... 515
Total-Excise taxes ..................................... 4,823 315 4,508 45,908 1,240 44,667 48,418 1,396 47,023
Estate and gift taxes ......................................... 1,278 19 1,259 14,250 325 13,925 12,293 317 11,976
Customs duties ............................................... 1,804 92 1,712 16,230 970 15,260 17,347 1,475 15,872
Miscellaneous Receipts:
Deposits of earnings by Federal Reserve banks .......... 2,018 ...... 2,018 16,945 ...... 16,945 21,224 ...... 21,224
All other ..................................................... 269 1 269 3,152 7 3,145 3,222 9 3,212
Total Miscellaneous receipts ........................ 2,287 1 2,287 20,097 7 20,090 24,445 9 24,430
Total Receipts ........................................ 106,835 3,022 103,813 1,298,765 104,"9 1,194,317 1,211,340 100,544 1,110,797
Total On-budget ...................................... 78,224 3,022 75,202 990,864 103,686 887,178 918,266 100,5" 817,722
Total Off-budget ...................................... 28,610 ...... 28,610 307,901 763 307,138 293,075 ...... 293,075

'includes amounts for the windfall profits tax pursuant to P.L. 96-223. (* *) Less than $5W,000.
... No Transactions, Note: Details may not add to totals due to rounding.




6






Table 5. Outlays of the U.S. Government, July 1996 and Other Periods (S 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 V 1 35 352 2 350 359 2 357
House of Representatives ........... ......... 73 V 1 73 620 1 619 601 2 599
Joint items ...... ... ..................... ......... 6 6 64 64 65 65
Congressional Budget Office ... .................. 3 ... 3 19 ...... 19 18 .... 18
Architect of the Capitol ..... .............. ................. 19 1 19 136 7 130 155 7 147
Library of Congress ......................... ...... ......... 40 40 283 ..... 283 578 ... 578
Government Printing Office:
Revolving fund (net) .. ... ......... .................. ... 13 ...... 13 4 4 19 19
General fund appropriations .............. ................ 10 ...... 10 84 .... 84 80 80
General Accounting Office ....... ...... .... .... ....... 41 ... 41 344 .... 344 344 ... 344
United States Tax Court ..... ............ 3 3 27 27 27 27
Other Legislative Branch agencies .......... .............. 2 ... 2 20 ... 20 30 30
Proprietary receipts from the public .... .................... ...... V I V *) ...... 12 -12 ...... 10 -10
Intrabudgetary transactions .......... ........... ........... -1 -1 -16 .... -16 -11 ... -11
Total-Legislative Branch ................................ 244 2 243 1,937 21 1,916 2,265 21 2,244
The Judiciary:
Supreme Court of the United States ....................... 2 ...... 2 23 ...... 23 21 ...... 21
Courts of Appeals, District Courts, and other judicial
services ... ................................................. 309 V 309 2,486 5 2,481 2,231 4 2,227
Other ... ....................................... 8 ...... 8 101 101 94 ... 94
Total-The Judiciary ..................................... 319 V 319 2,610 5 2,605 2,347 4 2,342
Executive Office of the President:
Compensation of the President and the White House
O ffice ... .................. .............. ............. 4 ...... 4 34 ...... 34 31 31
Office of Management and Budget ......................... 5 ...... 5 48 ... 48 47 ...... 47
Other .... ....... ......... ............................. 10 ...... 10 89 89 104 ...... 104
Total-Executive Office of the President .............. 19 ...... 19 170 ...... 170 lei ...... 181
Funds Appropriated to the President.
International Security Assistance:
Foreign military loan program ............................. 34 63 -29 339 454 -115 729 491 239
Foreign military financing program ........................ 113 ...... 113 2,618 ...... 2,618 2,764 ...... 2,764
Economic support fund and International Fund for
Ireland .. .................................................. 152 ...... 152 2,040 ...... 2,040 2,554 ...... 2,554
Peacekeeping Operations ..... ............................ 6 6 49 ...... 49 65 ... 65
O ther ......... ........................................ 4 ...... 4 30 ...... 30 26 ...... 26
Proprietary receipts from the public ........ ............. ...... 178 -178 ... 661 -661 ...... 708 -708
Total-International Security Assistance ................ 308 241 67 5,075 1,114 3,961 6,138 1,198 4,940
International Development Assistance:
Multilateral Assistance:
Contribution to the International Development
Association ............................................. 321 .... 321 1,180 ...... 1,180 1,063 1,063
International organizations and programs .. ........... 15 ...... 15 292 ...... 292 478 ...... 478
O ther .... ................. ...................... ...... I .... ..... 1 462 ...... 462 277 277
Total-Multilateral Assistance ......... ......... 336 ...... 336 1,934 ...... 1,934 1,818 ...... 1,818

Agency for International Development:
Sustainable development assistance program ... ...... 85 ... 85 1,112 ...... 1,112 1,108 .... 1,108
Assistance for eastern europe and the baltic States 93 ...... 93 344 ...... 344 281 .... 281
Assistance for the new independent States of the
former soviet union .................................... 74 ...... 74 650 ...... 650 702 ...... 702
Development fund for Africa ............................ 70 ...... 70 520 .... 520 619 ...... 619
Operating expenses ........................ ............ 46 ...... 46 383 383 408 ... 408
Payment to the Foreign Service retirement and
disability fund ........................................... ...... ...... ...... 44 ...... 44 45 ...... 45
Other ................... .................. .............. 23 6 17 229 51 178 186 47 138
Proprietary receipts from the public .................... .... 125 -125 ...... 751 -751 .... 711 -711
Intrabudgetary transactions ............................. V I ...... C I V I ...... V I .... ...... ....
Total-Agency for International Development ....... 392 131 261 3,283 802 2,482 3,349 759 2,590
Overseas Private Investment Corporation ................ 5 13 -8 65 222 -156 40 212 -171
Peace Corps ... ............ ......................... .... 17 ... 17 177 ...... 177 188 ... 188
Other .... ......... ........ 9 ... ... 9 62 ...... 62 78 ...... 78
Total-intemational Development Assistance .......... 759 144 615 5,522 1,023 4,498 5,473 970 4,503
International Monetary Programs ....................... ... -236 ...... -236 413 ...... 413 -764 ... -764
Military Sales Programs:
Special defense acquisition fund ............... .......... V V I V 1 38 70 -32 136 129 7
Foreign military sales trust fund ................. ........ 1,271 ...... 1,271 11,723 .... 11,723 10,930 ... 10,930
Kuwait civil reconstruction trust fund ........ ........ V I ...... V *) C I ...... V I V I .... C 1)
Proprietary receipts from the public ...... ..... ....... 1,929 -1,929 ... 12,598 -12,598 ...... 10,746 -10,746
O ther ... ....... ............... ............................. 3 ...... 3 39 ... 39 33 1 ..... 33

Total-Funds Appropriated to the President ........... 2,105 2,314 -209 22,811 14,805 8,006 21,946 13,044 8,902

7






Table 5. Outlays of the U.S. Government, July 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
Outlays I Receipts Outlays Receipts Outlays Receipts

Department of Agriculture:
Agricultural Research Service ......................... 84 ...... 84 625 ...... 625 628 628
Cooperative State Research, Education, and Extension
Service:
Cooperative state research activities ..... ............. 33 ...... 33 341 ..... 341 355 355
Extension activities ........ ....................... ....... 35 ...... 35 328 ...... 328 361 ...... 361
O ther ........ ...... ............................ 2 ...... 2 26 ..... 26 31 ..... 31
Animal and Plant Health Inspection Service ................ 52 ...... 52 405 405 427 427
Food Safety and Inspection Service ....... ................ 72 ... ... 72 449 ...... 449 447 447
Agricultural Marketing Service ............................... 41 ...... 41 516 ..... 516 589 589

Farm Service Agency:
Salaries and expenses ................................. 90 ... 90 576 ...... 576 595 ... 595
Conservation programs .................................... 11 ...... 11 1,826 ...... 1,826 1,862 .... 1. 1,862
Federal crop insurance corporation fund ................ 138 1 138 1,630 347 1,283 549 451 98
Commodity Credit Corporation:
Price support and related programs .................... 1,157 754 404 8,558 6,862 1,696 16,468 9,241 7,227
National W ool Act Program ............................. ..... ...... -1 ...... -1 105 ...... 105
Agricultural credit insurance fund ......................... 36 84 -48 536 1,178 -642 1,143 1,213 -70
O ther .................. .................................... 1 ...... 1 13 ...... 13 172 172
Total-Farm Service Agency ........................... 1,434 838 595 13,138 8,386 4,751 20,894 10,905 9,989

Natural Resources Conservation Service:
Conservation operations ................................... 74 ..... 74 530 ...... 530 484 484
Watershed and flood prevention operations .............. 22 ...... 22 208 ...... 208 228 .... 228
Other ....................................................... 19 19 145 ...... 145 107 107
Rural Utilities Service:
Rural water and waste disposal fund 41 ..... 41 349 ...... 349 280 ... 280
Rural electrification and telephone fund .................. 308 423 -114 1,858 2,995 -1,137 1,941 2,431 -490
Rural development insurance fund ........................ 76 46 30 702 404 298 751 402 349
Other ..... ................................................. 73 10 63 184 192 -8 122 157 -35
Rural housing and Community Development Service:
Rural housing insurance fund ............................. 448 220 228 2,796 2,190 606 3,277 2,106 1.171
Rental assistance program ................................ 42 ...... 42 401 ...... 401 360 ...... 360
Other ....................................................... 40 ...... 40 70 ...... 70 -24 ...... -24
Foreign Agricultural Service .................................. 22 ...... 22 484 ...... 484 970 ...... 970

Food and Consumer Service:
Food stamp program ...................................... 1,843 ...... 1,843 21,083 ...... 21,083 21,484 ...... 21.484
State child nutrition programs ............................. 639 ...... 639 7,211 ...... 7,211 6,816 6,816
Women, infants and children programs ................... 283 ...... 283 3,091 ...... 3,091 2,861 ...... 2,861
Other ....................................................... 43 ...... 43 416 ...... 416 452 .... 452
Total-Food and Consumer Service ................... 2,807 ...... 2,807 31,801 ... 31,801 31,614 ..... 31,614

Forest Service:
National forest system .................................... 172 ...... 172 1,114 ...... 1,114 1,132 ...... 1,132
Firefighting and protection funds .......................... ...... ...... ...... 231 ...... 231 841 ...... 841
Forest service permanent appropriations ................. 35 ...... 35 602 ...... 602 635 ..... 635
Other ....................................................... 170 ...... 170 767 ...... 767 231 ...... 231
Total-Forest Service ................................... 377 ...... 377 2,714 ...... 2,714 2,839 ...... 2,839

Other ......................... ............................... 73 2 71 481 31 450 440 31 409
Proprietary receipts from the public ......................... ..... 1 55 -55 ...... 705 -705 .... 753 -753
Intrabudgetary transactions .................................. -38 ...... -38 -88 ...... -88 -28 ...... -28

Total-Department of Agriculture ....................... 6,140 1,595 4,545 58,464 14,903 43,561 67,095 16,786 50,309

Department of Commerce:
Economic Development Administration ...................... 17 1 15 353 8 346 305 10 294
Bureau of the Census ....................................... 31 ...... 31 248 ..... 248 254 ...... 254
Promotion of Industry and Commerce ...................... 33 ...... 33 276 ...... 276 313 ...... 313

Science and Technology:
National Oceanic and Atmospheric Administration ... 218 3 216 1,719 13 1,706 1,652 16 1,636
National Institute of Standards and Technology ......... 58 ...... 58 470 ... 470 371 ... 371
Other .................... .................................. 28 2 27 112 23 89 97 26 71
Total-Science and Technology ........................ 305 4 301 2,301 36 2,265 2,120 42 2,078

Other ..... ............... ........... ....... 10 ...... 10 89 .... 89 90 V *) 90
Proprietary receipts from the public ......................... 11 -11 ...... 106 -106 .... I 103 -103
Intrabudgetary transactions ......................... ........ V ...... V *) V 1) ..... V I I V *)
O ffsetting governm ental receipts ....... ......... .......... ...... ...... ...... ...... ...... ......

Total-Department of Commerce ....................... 396 16 379 3,267 150 3,117 3,082 155 2,927

8






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

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

I Outlays Receipts Outlays Receipts Outlays Outlays Receipts Outlays
Department of Defense-Military:
Military personnel:
Department of the Army ... .......... ...... ........ 2,428 2,428 20,144 20,144 20,646 20,646
Department of the Navy .... .......... ..... 2,137 ...... 2,137 19,691 19,691 20,672 20,672
Department of the Air Force ........ ......... 1 733 .... 1,733 15,128 ... 15,128 15,438 15,438
Total-Military personnel .......... ............ 6,299 6,299 54,963 .... 54,963 56,756 ...... 56,756

Operation and maintenance:
Department of the Army ....... __ .......... ....... 1,728 ... 1,728 18,371 ...... 18,371 18,154 18,154
Department of the Navy ..... ....... ................. 1,903 ...... 1,903 19,205 19,205 20,012 ... 20,012
Department of the Air Force ... ..... ...... ...... 1,864 ... 1 1,864 19,135 .... 19,135 19,229 ... 19,229
Defense agencies ........ ............. ..... 1,599 ..... 1,599 16,772 16,772 16,022 ... 16,022
Total-Operation and maintenance ....... ....... 7,094 ... 7,094 73,484 73,484 73,417 73,417

Procurement:
Department of the Army .......... .................. ... 606 606 6,115 ... 6,115 6,043 6,043
Department of the Navy ......... ........ 1,671 ...... 1,671 15,975 ... 15,975 18,635 18,635
Department of the Air Force ..... ....................... 1,666 ...... 1,666 15,303 ... 15,303 17,166 17,166
Defense agencies ... ........... ... .... ........... 313 313 3,313 ...... 3,313 3,237 3,237
Total-Procurement ..... ....... ..................... 4,255 4,255 40,705 .... 40,705 45,082 ... 45,082

Research, development, test, and evaluation:
Department of the Army ...... ......... ................. 396 .... 396 4,197 .... 4,197 4,156 ... 4,156
Department of the Navy ... .... ... ........ ........ 780 ..... 780 7,634 ...... 7,634 7,428 ...... 7,428
Department of the Air Force ... ...................... 995 ...... 995 10,588 .... 10,588 10,214 ...... 10,214
Defense agencies .............. ................ ... 754 ... 754 7,401 ... 7,401 6,649 6,649
Total-Research, development, test and evaluation 2,925 .... 2,925 29,820 ...... 29,820 28,447 ...... 28,447

Military construction:
Department of the Army ........... ........ ...... 72 .... 72 829 ...... 829 788 ...... 788
Department of the Navy ... 51 .... 51 480 ...... 480 696 ...... 696
Department of the Air Force .................. ........... 123 123 1,052 ...... 1,052 1,088 ..... 1,088
Defense agencies ...... .............................. 326 ..... 326 3,186 ...... 3,186 2,863 2,863
Total-Military construction ...... ............ ..... 572 ..... 572 5,548 ...... 5,548 5,435 ...... 5,435

Family housing:
Department of the Army ....... .............. 116 116 1,069 ... 1,069 991 ...... 991
Department of the Navy .......... ....................... 107 .... 107 1,115 ...... 1,115 907 ...... 907
Department of the Air Force .. .............. ...... 98 ...... 98 890 ...... 890 862 862
Defense agencies ......... ........ ........ 10 5 5 107 65 42 130 44 86
Revolving and management funds:
Department of the Army ..................... .... 59 ...... 59 109 ...... 109 -70 ...... -70
Department of the Navy ...... .......... ..... -228 ...... -228 735 ...... 735 165 ..... 165
Departm ent of the Air Force ............... ........... ...... ...... ...... -1 ......
Defense agencies:
Defense business operations fund ........ ...... 344 344 2,524 ... 2,524 256 ...... 256
Other ............. ........... .......................... -6 V 1 -6 -136 4 -139 -125 3 -128
Trust funds:
Department of the Army ... ......................... V I V I .... V C I
Department of the Navy .. .... ........ 4 ...... 4 33 12 21 24 3 21
Department of the Air Force ... ....... C 1 7 7 C *) 1 1 C I
Defense agencies ............................. ............ 40 .... 40 192 .... 192 196 ... 196
Proprietary receipts from the public:
Department of the Army ... ................ ........... ...... 23 -23 ...... 390 -390 239 -239
Department of the Navy .......... __ ... .... ........ ...... -4 4 ...... 133 -133 ...... 56 -56
Department of the Air Force ..... __ ........... .... ...... 19 -19 ...... 220 -220 1 ..... 708 -708
Defense agencies .......................................... ... 35 -35 ...... 175 -175 .... 260 -260
Intrabudgetary transactions:
Department of the Army ...... ....... ........ -14 .... -14 21 ...... 21 1
Department of the Navy ....... ....... I ........... 10 10 767 ... 767 453 .... 453
Department of the Air Force .............................. 3 ...... 3 101 ... 101 105 ..' ... 105
Defense agencies ................................ ......... -7 -7 -286 ...... -286 -164 ... -164
Offsetting governmental receipts:
Department of the Army ......................... ........ ... ...... ...... 10 -10 2 -2
Defense agencies ........ .............................. ... ... V I V I V 1) (1 1

Total-Department of Defense-Military ............. 21,680 78 21,602 211,766 1,016 210,750 212,870 1,314 211,556







9






Table 5. Outlays of the U.S. Government, July 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 OsToudays Outlays
Outlays Receipts Outlays Receipts Outlays Receipts

Department of Defense-Civil
Corps of Engineers:
Construction, general ...................................... 88 ..... 88 833 ...... 833 854 ...... 854
Operation and maintenance, general ...................... 147 ...... 147 974 ...... 974 1,092 ... 1,092
Other ..... ...... ................................ ....... 117 ...... 117 1,360 ...... 1,360 1,130 ...... 1,130
Proprietary receipts from the public ...................... ...... 31 -31 ...... 172 -172 ...... 124 -124
Total-Corps of Engineers ......................... ... 351 31 320 3,167 172 2,995 3,076 124 2,952

Military retirement:
Payment to military retirement fund ............... ...... ...... ...... ...... 10,699 ...... 10,699 11,470 ... 11,470
Military retirement fund .......... ......................... 2,435 ..... 1 2,435 23,971 ...... 23,971 23,054 ...... 23,054
Intrabudgetary transactions ............... ........... .... ...... ...... ...... -10,699 ...... -10,699 -11,470 ...... -11,470
Education benefits ..... __ ........................... ...... -3 -3 30 ...... 30 65 ...... 65
Other ......... ............................................... 6 1 6 63 3 59 68 4 64
Proprietary receipts from the public ......................... ...... 2 -2 ..... 13 -13 ...... 10 -10

Total-Department of Defense-Civil ................... 2,790 34 2,756 27,231 189 27,043 26,263 138 26,125

Department of Education:
Office of Elementary and Secondary Education:
Education for the disadvantaged .... ...................... 538 ...... 538 6,148 ...... 6,148 5,982 ...... 5,982
Im pact aid .................................................. 40 ...... 40 695 ...... 695 721 ... ... 721
School improvement programs ............................ 73 ...... 73 1,079 ...... 1,079 1,170 ...... 1,170
Other .............. .............. ......................... -3 ... -3 277 ...... 277 102 ...... 102
Total-Office of Elementary and Secondary
Education .............................................. 648 ..... 648 8,198 ...... 8,198 7,976 ...... 7,976

Office of Bilingual Education and Minority Languages
Affairs ................................................... ... 14 ...... 14 165 ...... 165 183 ...... 183
Office of Special Education and Rehabilitative Services:
Special education .......................................... 127 ...... 127 2,726 ...... 2,726 2,544 ...... 2,544
Rehabilitation services and disability research ............ 202 ...... 202 1,959 .... I 1,959 1,935 ...... 1,935
Special institutions for persons with disabilities .......... 11 ...... 11 104 ...... 104 120 ...... 120
Office of Vocational and Adult Education .................. 55 ... 55 1,239 ...... 1,239 1,261 1,261

Office of Postsecondary Education:
College housing loans ..................................... ...... 4 -4 5 49 -44 14 57 -43
Student financial assistance ............................... 234 ..... 234 5,357 ...... 5,357 5,542 ...... 5,542
Higher education ............................. ............. 54 ...... 54 649 ...... 649 645 ...... 645
Howard University ... ...................................... 17 ...... 17 152 ...... 152 172 ... ... 172
Federal direct student loan program ...................... 58 ..... 1 58 531 ...... 531 444 ...... 444
Federal family education loans ............................ -22 ...... -22 1,290 ...... 1,290 3,146 ...... 3,146
O ther ....................................................... (* I ...... V 1 3 ...... 3 1 ...... 1
Total-Office of Postsecondary Education ........... 341 4 337 7,985 49 7,937 9,964 57 9,907

Office of Educational Research and Improvement ......... 27 ...... 27 378 ...... 378 334 .... 334
Departmental management .................................. 46 ...... 46 368 ...... 368 324 ...... 324
Proprietary receipts from the public ......................... ...... 5 -5 ... 61 -61 ...... 81 -81

Total-Department of Education ........................ 1,472 10 1,462 23,123 110 23,013 24,641 138 24,503

Department of Energy:
Atomic energy defense activities ............................ 928 .... 928 9,716 ...... 9,716 9,899 ...... 9,899

Energy programs:
General science and research activities .................. 87 87 891 ...... 891 1,137 ...... 1,137
Energy supply, R and D activities ........................ 228 ...... 228 2,511 ...... 2,511 2,702 ...... 2,702
Uranium supply and enrichment activities ............... 9 ..... 1 9 101 ...... 101 90 ...... 90
Fossil energy research and development ................. 36 I .... 36 368 ...... 368 354 .... 354
Energy conservation ....................................... 55 ...... 55 518 ...... 518 534 ...... 534
Strategic petroleum reserve ............................... 20 .... 20 202 ..... 1 202 173 ...... 173
C lean coal technology ..................................... ...... ...... ... ...... ...... ...... ...... .... I .....
Nuclear waste disposal fund .............................. 11 ...... 11 164 ...... 164 278 ...... 278
Uranium enrichment decontamination and
decommissioning fund .................................... 28 ... 28 225 ...... 225 261 ...... 261
Other ....................................................... 63 V 1 62 553 1 552 588 1 587
Total-Energy programs ......................... ...... 536 V 1 536 5,533 1 5.532 6,117 1 6,116

Power Marketing Administration ............................. 166 106 60 1,323 1,618 -295 1,431 1,575 -144
Departmental administration ..................... ........... 36 ...... 36 349 ...... 349 392 ...... 392
Proprietary receipts from the public ......................... ...... 225 -225 ...... 1,665 -1,665 ... 1,463 -1,463
Intrabudgetary transactions ........................... ...... -9 .... .. -9 -456 .... -456 -376 ...... -376
Offsetting governmental receipts .... ........... ........... ...... V I V *) ... ... 73 -73 ...... 11 -11

Total-Department of Energy ............................ 11658 331 1,326 16,465 3,358 13,107 17,464 3,050 14,414

10






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

"is Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Outlays Gross Applicable Outlays Gross Applicable Outlays
Outlays I Receipts ji ipeipts Outlays Receipts

Department of Health and Human Services:
Public Health Service:
Food and Drug Administration ............ 98 V 98 730 3 727 700 4 695
Health Resources and Services Administration ... 369 ..... 369 3,450 .... 3,450 2,178 ...... 2,178
Indian Health Services ........... .......... ..... 168 ...... 168 1,754 ... 1,754 1,701 1,701
Centers for Disease Control and Prevention ..... 167 167 1,838 1,838 1,485 1,485
National Institutes of Health .................. ..... 949 ..... 949 8,042 ...... 8,042 8,987 8,987
Substance Abuse and Mental Health Services
Administration ... .......... .............. ..... 88 88 1,710 ..... 1,710 2,002 ...... 2.002
Agency for Health Care Policy and Research ..... 9 .... 9 109 ...... 109 98 98

Total-Public Health Service .. ..... .... .............. 1,848 1,848 17,632 3 17,628 17,150 4 17,146

Health Care Financing Administration:
Grants to States for Medicaid ............................ 7,714 ...... 7,714 76,245 ...... 76,245 73,572 .... 73,572
Payments to health care trust funds ............. 4,795 ...... 4,795 56,042 ...... 56,042 39,767 ...... 39,767

Federal hospital insurance trust fund:
Benefit payments ...................................... 11,400 ...... 11,400 103,224 ...... 103,224 92,800 92,800
Administrative expenses ......... ................ ...... 130 ...... 130 1,008 ... 1,008 1,042 ...... 1,042
Quinquennial military service credit adjustment ...... ...... ...... ...... 2,366 ... 2,366 ...... ..... ......
Tota1-FHI trust fund .... .................. 11,530 ...... 11,530 106,598 ...... 106,598 93,842 93,842

Federal supplementary medical insurance trust fund:
Benefit payments ............ ....... ......... ... 6,103 .... 6,103 55,720 ...... 55,720 51,960 ... 51,960
Administrative expenses ... ...... ........... ........ 120 ...... 120 1,465 ...... 1,465 1,427 ...... 1,427
Total-FSMI trust fund ... ........................... 6,223 ...... 6,223 57,185 ... 57,185 53,388 .... 53,388

Other .... ........ .............................. I 37 ...... 37 -23 ..... -23 16 16

Total-Health Care Financing Administration ........... 30,299 ...... 30,299 296,046 296,046 260,585 .... 260,585

Administration for children and families:
Family support payments to States ...................... 1,561 .... 1,561 14,178 ... 14,178 14,304 ...... 14,304
Low income home energy assistance .................... 45 .., ... 45 993 ...... 993 1,289 .... I 1,289
Refugee and entrant assistance .......................... 15 ...... 15 271 ..... 271 350 ...... 350
Payments to States for the job opportunities and basic
skills training program ....... .............. ........ 95 ..... 95 799 ... 799 777 ..... 777
Payments to States for the child care and development
block grant ....................... ............. ......... 67 ... 67 795 ..... 795 767 ...... 767
Social services block grant ........ ...................... 1 163 .... 163 2,245 ...... 2,245 2,345 ... 2,345
Children and families services programs .... ........... 284 284 4,142 ... 4,142 3,989 3,989
Payments to States for foster care and adoption
assistance .......................................... 269 .... 269 3,050 ...... 3,050 2,609 .... 2,609
Other .. .......... ............................ 15 ...... 15 90 ... 90 367 ... ... 367
Total-Administration for children and families ........ 2,513 ...... 2,513 26,563 .., ... 26,563 26,796 .... 26,796

Administration on aging .. .......... ..................... 66 ..... 66 643 ...... 643 793 ..... 793
Other .... ......................... ........... ........ -60 -60 453 I .... 453 599 ...... 599
Proprietary receipts from the public ... ..................... ... 1,644 -1,644 .... 16,758 -16,758 ..... 16,683 -16,683
Intrabudgetary transactions:
Payments for health insurance for the aged:
Federal hospital insurance trust fund ................. ...... ...... ...... .... .... ...
Federal supplementary medical insurance trust fund -4,795 ... -4,795 -52,017 ...... -52,017 -35,815 ... -35,815
Payments for tax and other credits:
Federal hospital insurance trust fund ................ V -4,025 -4,025 -3,953 ...... -3,953
Quinquennial adjustment for military service credits
from FHI .. .............. ........... ...... ... ... -2,366 .... -2,366

Total-Department of Health and Human Services 29,871 1,644 28,228 282,928 16,762 266,167 266,156 16,687 249,469
















11






Table 5. Outlays of the U.S. Government, July 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 JApplicable Outlays
Outlays I Receipts Outlays Receipts Outlays Receipts

Department of Housing and Urban Development
Housing programs:
Public enterprise funds .................................... 44 42 2 125 96 29 151 107 44
Credit accounts:
Federal housing administration fund .................... 845 748 97 8,148 9,962 -1,814 5,324 5,627 -302
Housing for the elderly or handicapped fund .... -6 55 -62 464 514 -50 514 543 -30
Other .... ................ ............. .............. 57 .... 57 575 ... 575 493 .... 493
Rent supplement payments ...... ............... ........ 5 .... 5 76 I .... 76 137 ...... 137
Homeownership assistance ................................ 8 ...... 8 83 ...... 83 99 99
Rental housing assistance ................................. 55 I .... 55 556 1 ..... 556 545 ...... 545
Rental housing development grants ...................... ...... ... ...... ...... ...... ..... V I ...... V I
Low-rent public housing ................................... 44 I .... 44 591 591 612 ...... 612
Public housing grants ..................................... 325 ...... 325 3,276 ...... 3,276 3,088 ..... 3,088
College housing grants .................................... 2 V 1 2 15 V 1 15 16 V 1 16
Lower income housing assistance ........................ 849 ...... 849 7,470 ...... 7,470 8.331 ...... 8,331
Section 8 contract renewals ...... ....................... 524 ...... 524 4,508 ...... 4,508 4,213 ...... 4,213
Other ......... .............. .............................. 49 ...... 49 339 ...... 339 148 ...... 148
Total-Housing programs .......... .................... 2,802 845 1,957 26,225 10,572 15,653 23,671 6,277 17,394

Public and Indian Housing programs:
Low-rent public housing-Loans and other expenses 5 V 1 5 257 187 70 266 200 66
Payments for operation of low-income housing
projects .. ............................................. 235 ...... 235 2,266 ... 2,266 2,246 ...... 2,246
Community Partnerships Against Crime .................. 20 ..... 20 199 ...... 199 146 146
O ther ....................................................... 13 ...... 13 82 ...... 82 22 ...... 22
Total-Public and Indian Housing programs ........... 273 V 273 2,804 187 2,618 2,681 200 2,480

Government National Mortgage Association:
Management and liquidating functions fund .............. ...... ...... ...... ..... V V I V 1 1 -1
Guarantees of mortgage-backed securities ............... 14 78 -64 171 634 -463 271 659 -388
Total-Government National Mortgage Association .... 14 78 -64 171 635 -464 271 660 -389

Community Planning and Development:
Community Development Grants .......................... 439 ...... 439 3,834 ...... 3,834 3,561 ...... 3,561
Home investment partnerships program .................. 96 ... ... 96 991 991 951 ...... 951
Other ......................... ............................. 41 9 31 316 95 221 286 95 191
Total-Community Planning and Development ....... 576 9 567 5,141 95 5,046 4,798 95 4,703

Management and Administration ............................ 37 ...... 37 349 ...... 349 422 ...... 422
O ther ............................. ........................... 5 ...... 5 45 ...... 45 51 ...... 51
Proprietary receipts from the public ......................... ...... 325 -325 ...... 676 -676 ...... 372 -372
Offsetting governmental receipts ... ........................ ...... V I V I ...... 13 -13 ...... 5 -5

Total-Department of Housing and Urban
Development ............................................. 3,707 1,258 2,449 34,736 12,178 22,558 31,892 7,610 24,21113

Department of the Interior:
Land and minerals management:
Bureau of Land Management:
Management of lands and resources .................. 50 ...... 50 457 ...... 457 525 ...... 525
O ther ..................................................... 51 ...... 51 261 ...... 261 391 ...... 391
Minerals Management Service ............................ 52 ...... 52 531 .... 531 556 ...... 556
Office of Surface Mining Reclamation and
Enforcement .............................................. 24 ...... 24 265 ...... 265 257 ..... 257
Total-Land and minerals management ................ 177 .... 177 1,514 ...... 1,514 1,730 1,730

Water and science:
Bureau of Reclamation:
Construction program ........... ....................... 16 ...... 16 216 ...... 216 229 ...... 229
Operation and maintenance ...... ...................... 21 .... 21 199 ...... 199 207 ...... 207
Other ... ............................................ 22 7 15 303 107 196 332 140 193
United States Geological Survey .......................... 64 ...... 64 557 ...... 557 577 ...... 577
Other ....... ............................... 8 2 7 137 22 115 171 21 149
Total-Water and science .............................. 131 9 123 1,412 129 1,282 1,516 161 1,355

Fish and wildlife and parks:
United States Fish and Wildlife Service .................. 90 ...... 90 1,032 ...... 1,032 1,017 ..... 1,017
National Park Service ...... ............................... 134 1 ..... 134 1,215 ...... 1,215 1,267 .... 1,267
Total-Fish and wildlife and parks ..................... 224 ...... 224 2,247 .... 2,247 2,284 ...... 2,284




12






Table S. Outlays of the U.S. Government, July 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 jApplicablej Outlays
Outlays Receipts Outlays Receipts Outlays Receipts

Department of the Interior-Continued
Bureau of Indian Affairs:
Operation of Indian programs ............ ............ ... 144 144 1,199 ..... 1,199 1,237 ... 1,237
Indian tribal funds ............... ............... ......... 26 .... 26 225 .... I 225 238 .... 238
Other ... .... ....................... ......... .... 14 1 14 285 12 273 364 10 354
Total-Bureau of Indian Affairs ... .................... 185 1 184 1,709 12 1,697 1,838 10 1,828

Insular affairs ... ........ ............................. 14 ...... 14 239 ... 239 401 .... 401
Other departmental offices .............. ......... ......... 15 ..... 15 121 ... 121 82 ..... 82
Proprietary receipts from ft public .................. 164 -164 .... 1,488 -1,488 ..... 1,521 -1,521
Intrabudgetary transactions ................................ -4 -4 -213 ... -213 -226 .... -226
Offsetting governmental receipts .......... ....... .... ...... V I V *) ...... V *) C I ...... 3 -3

Total-Department of the Interior ....................... 742 173 569 7,028 1,629 5,399 7,625 1,695 5,930

Department of Justice:
General Administration:
Community Oriented Policing Services ... ........ ........ 52 ...... 52 233 ... 233 210 210
Other ......... ............ ...... ........... ........ 33 ...... 33 170 ..... 1 170 160 ...... 160
Legal activities ................... ....... ................... 324 ... 324 2,228 ...... 2,228 2,317 2,317
Federal Bureau of Investigation .................... ........ 216 ...... 216 1,910 ...... 1,910 1,672 ..... 1,672
Drug Enforcement Administration ...... ............. 4 4 608 ... 608 682 682
Immigration and Naturalization Service ................ ..... 254 .... 254 1,837 ...... 1,837 1,473 ...... 1,473
Federal Prison System ....................................... 315 14 301 2,654 115 2,538 2,387 107 2,280
Office of Justice Programs .................................. 94 ...... 94 947 ... 947 588 .... 588
Other ................................................. ....... 119 ... 119 266 ...... 266 323 ...... 323
Intrabudgetary transactions .................................. -4 ..... 1 -4 -40 ...... -40 -49 -49
Offsetting governmental receipts ............................ ...... 120 -120 ...... 783 -783 ... 701 -701
Total-Department of Justice ........................... 1,409 134 1,275 10,814 898 9,916 9,762 BOB 81955

Department of Labor
Employment and Training Administration:
Training and employment services ........................ 425 ...... 425 3,476 ... 3,476 3,713 ...... 3,713
Community Service Employment for Older Americans ... 34 ...... 34 324 ...... 324 330 .... I 330
Federal unemployment benefits and allowances ....... 24 ... 24 249 .... 249 175 ...... 175
State unemployment insurance and employment service
operations ................................................. 15 ...... -15 46 ...... 46 46 ...... 46
Advances to the unemployment trust fund and other
funds ..... ...................... ................ .... ...... ...... ...... .... ...... 6 19 ...... 6 19

Unemployment trust fund:
Federal-State unemployment insurance:
State unemployment benefits ......................... 1,833 ...... 1,833 19,414 ...... 19,414 18,300 .... 18.300
State administrative expenses ........................ 275 ...... 275 2,691 I .... 2,691 2,661 ...... 2,661
Federal administrative expenses ............ .... 11 11 175 ...... 175 170 ...... 170
Veterans employment and training ................... 14 ...... 14 139 ... 139 152 ...... 152
Repayment of advances from the general fund ..... .... ...... ..... ...... ... ...... ...... ......
Railroad unemployment insurance ...................... 4 ...... 4 57 ...... 57 51 ...... 51
Other ... ............. ............................. 2 2 18 ... 18 16 16
Total-Unemployment trust fund ..................... 2,138 ...... 2,138 22,494 ... 22,494 21,351 ...... 21,351

O ther ....................................................... 10 ...... 10 66 ...... 66 71 ... 71

Total-Employment and Training Administration ...... 2,617 ...... 2,617 26,655 1 ..... 26,655 26,305 .., ... 26,305

Pension Benefit Guaranty Corporation ............. 81 123 -42 807 1,048 -241 1,141 1,290 -149
Employment Standards Administration:
Salaries and expenses ... ................................ 41 ...... 41 212 ...... 212 200 ... 200
Special benefits ........ ......... ........... 154 ...... 154 289 ...... 289 305 ...... 305
Black lung disability trust fund .............. ............. 44 44 453 ... 453 478 ...... 478
O ther ............................................... ....... 11 ...... 11 116 ...... 116 115 ...... 115
Occupational Safety and Health Administration .... 27 .... 27 240 ...... 240 244 ..... 244
Bureau of Labor Statistics .. ................. ....... 27 ... 27 221 ... 221 237 .... 237
Other ....................... ............ ................ ... 29 29 382 ...... 382 378 ...... 378
Proprietary receipts from the public ........... ........ ... .... I V I (* I ... 5 -5 ...... 5 -5
Intrabudgetary transactions ................ ........ -53 ...... -53 -531 ... -531 -1,100 -1,100

Total-Departrivent of Labor ............................. 2,977 123 2,853 28,943 1,053 27,791 28,304 1,295 27,009








13






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

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

Department of State:
Administration of Foreign Affairs:
Diplomatic and consular programs ........................ 130 ...... 130 1,435 ..... 1,435 1,280 ... 1,280
Acquisition and maintenance of buildings abroad ...... 52 ...... 52 439 ...... 439 437 ... 437
Payment to Foreign Service retirement and disability
f und .................... ......... ........................ ... ...... ...... 125 .... 125 129 ..... 129
Foreign Service retirement and disability fund ........... 39 .... 39 385 ..... 385 373 373
Other ............. ..................................... 35 ..... 35 351 351 396 ...... 396
Total-Administration of Foreign Affairs ............... 256 ...... 256 2,735 2,735 2,616 2,616

International organizations and Conferences ................ 402 402 1,005 1,005 1,357 1,357
Migration and refugee assistance ........................... 55 .... 55 545 ..... 545 618 ..... 618
O ther ..... ......... ...................................... 13 ...... 13 176 ..... 176 ill ... I ill
Proprietary receipts from the public ......................... ..... ...... ...... ...... .... ...... V *) V I
Intrabudgetary transactions ...................... ........... V I ...... (* 1 -178 ... -178 -182 ...... -182
Offsetting governm ental receipts ............................ ..... ...... ...... ...... ...... ...... .... ...... ......

Total-Department of State .............................. 725 ...... 725 4,284 ...... 4,284 4,520 V 4,520

Department of Transportation:
Federal Highway Administration:
Highway trust fund:
Federal-aid highways .................................... 1,842 ...... 1,842 15,686 ...... 15,686 15,276 .... 15,276
O ther ..................................................... 2 ...... 2 157 ...... 157 152 1 ..... 152
Other programs ............................................ 25 ...... 25 194 ...... 194 167 ...... 167
Total-Federal Highway Administration ................. 1,869 ...... 1,869 16,038 .... 1. 16,038 15,595 .... 15,595

National Highway Traffic Safety Administration ............. 23 .... 23 214 ...... 214 226 ...... 226

Federal Railroad Administration:
Grants to National Railroad Passenger Corporation ..... 104 ...... 104 625 .... 625 806 ...... 806
Other ............................... ....................... 40 C 40 295 9 286 193 9 184
Total-Federal Railroad Administration ................. 144 V 144 920 9 911 999 9 990

Federal Transit Administration:
Formula grants ............................................. 147 .... 147 677 ...... 677 768 ...... 768
Discretionary grants ....................................... 229 229 1,867 ...... 1,867 1,693 ...... 1,693
Trust fund share of expenses ............................ ...... ...... ...... 833 ...... 833 863 ...... 863
Other ................. ..................................... 39 39 272 ...... 272 420 ...... 420
Total-Federal Transit Administration .................. 414 414 3,649 .... 3,649 3,743 ...... 3,743

Federal Aviation Administration:
Operations .. .............................................. 244 ...... 244 2,009 ..... 2,009 1,592 ...... 1,592

Airport and airway trust fund:
Grants-in-aid for airports ................................ 109 109 1,305 ...... 1,305 1,439 ...... 1,439
Facilities and equipment ................................ 223 ... 223 1,967 ...... 1,967 2,156 ...... 2,156
Research, engineering and development ............... 24 .... I 24 192 ...... 192 188 ...... 188
Trust fund share of operations ......................... 185 ... 185 1,852 ...... 1,852 2,137 ...... 2,137
Total-Airport and airway trust fund ................ 541 ... 541 5,316 ...... 5,316 5,920 ...... 5,920

Other ....................................................... V *) 1 -1 3 -2 (* 1 2 -2

Total-Federal Aviation Administration ................. 785 1 783 7,326 3 7,323 7,512 2 7,510

Coast Guard:
Operating expenses ....................................... 226 .... 226 2,061 ..... 2,061 2,073 2,073
Acquisition, construction, and improvements ............. 28 ... ... 28 302 ...... 302 217 ... 217
Retired pay ................................................ 48 ...... 48 470 .... 470 451 ... ... 451
Other ...................................... ................ 25 1 24 204 5 199 251 5 246
Total-Coast Guard ..................................... 327 1 326 3,036 5 3,031 2,992 5 2,987

Maritime Administration ...................................... 60 9 51 536 322 213 602 207 396
Other ..................... ................................... 49 1 49 333 9 324 302 8 294
Proprietary receipts from the public ......................... ...... 1 -1 ...... 11 __l 1 .... I 6 -6
Intrabudgetary transactions .................................. .... 1. ...... ..... 1 5 ...... 5 C I ...... (* I
Offsetting governmental receipts ............................ ...... 6 -6 ...... 83 -83 ...... 86 -86

Total-Department of Transportation ................... 3,672 19 3,652 32,057 443 31,615 31,971 322 31,649






14






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

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

Department of the Treasury:
Departmental offices:
Exchange stabilization fund ...... ................. ...... -46 21 -67 -1,235 143 -1,378 -2,268 18 -2,286
Other ....... .................... .................... 25 ...... 25 290 ... 290 233 233

Financial Management Service:
Salaries and expenses .. .......................... __ ... 26 ... 26 177 ...... 177 201 ... 201
Payment to the Resolution Funding Corporation ....... 577 .... 577 2,328 ...... 2,328 2,328 2,328
Claims, judgements, and relief acts ................... -31 ...... -31 430 ...... 430 792 ...... 792
Net interest paid to loan guarantee financing accounts ...... ... 379 ... 379 777 ... 777
Other ..... ............... ............ ............. I ... 2 ...... 2 1,303 ... 1,303 68 68
Total-Financial Management Service .................. 573 ...... 573 4,617 ...... 4,617 4,166 ...... 4,166

Federal Financing Bank .. ................................... -113 ..... -113 223 ...... 223 225 ...... 225
Bureau of Alcohol, Tobacco and Firearms:
Salaries and expenses ............. ................. 89 .... 89 348 ...... 348 321 .... 321
Internal revenue collections for Puerto Rico ......... .... 21 ...... 21 177 ...... 177 167 ...... 167
United States Customs Service ............................. 228 ...... 228 1,598 ...... 1,598 1,501 ...... 1,501
Bureau of Engraving and Printing ........................... -26 ...... -26 28 ... 28 -16 -16
United States Mint ...................... ................ 44 78 -35 495 1,020 -525 -110 -110
Bureau of the Public Debt ......................... ........ 15 .... 15 239 ...... 239 256 ... 256

Internal Revenue Service:
Processing, assistance, and management ................ 225 ...... 225 1,414 ...... 1,414 1,586 ... 1,586
Tax law enforcement .... ......... ...................... 456 ...... 456 3,503 ...... 3,503 3,584 ...... 3,584
Information systems ....................................... 170 ..... 170 1,239 ...... 1,239 1,319 ...... 1,319
Payment where earned income credit exceeds liability
for tax ... ......... ...... ........... ................. 192 .... 192 18,860 ...... 18,860 14,915 14,915
Refunding internal revenue collections, interest .......... 162 ...... 162 1,766 ...... 1,766 2,323 ... 2,323
Other ......... ............................................. V I C 1) C I V I C I C 1 2 V 1 2
Total-intemal Revenue Service ........................ 1,205 C *) 1,205 26,782 (' -) 26,782 23,730 V 1 23,730

United States Secret Service ................................ 69 ...... 69 459 ...... 459 454 ...... 454
Comptroller of the Currency ................................. 38 69 -31 333 289 44 339 268 72
Office of Thrift Supervison .................................. 11 68 -58 134 170 -36 134 152 -18

Interest on the public debt:
Public issues (accrual basis) ... .................... ..... 20,370 20,370 201,367 ...... 201,367 194,235 ...... 194,235
Special issues (cash basis) ............ ................... 730 ...... 730 98,816 I .... 98,816 95,703 ...... 95,703
Total-Interest on the public debt ..................... 21,100 ...... 21,100 300,184 ...... 300,184 289,938 ...... 289.938

O ther .......... ....... ......... ........................... 9 ...... 9 89 ...... 89 50 ..... 1 50
Proprietary receipts from the public ......................... ... 554 -554 .... I 3,851 -3,851 ...... 3,594 -3,594
Intrabudgetary transactions ... ............................. -969 ...... -969 -6,970 -6,970 -8,372 ...... -8,372
Offsetting governmental receipts ...... ..................... .... 78 -78 ...... 945 -945 ..... 873 -873

Total-Department of the Treasury ..................... 22,272 868 21,404 327,791 6,418 321,373 310,746 4,905 305,841





























15






Table 5. Outlays of the U.S. Government, July 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 JAZ cable Outlays
Outlays Receipts Outlays Receipts Outlays ecelpts

Department of Veterans Affairs:
Veterans Health Administration:
Medical care ... ............................ .............. 1,374 ...... 1,374 13,487 ..... 13,487 13,186 ...... 13,186
Other ....... .............. ............................... 53 16 37 496 163 333 572 225 347

Veterans Benefits Administration:
Public enterprise funds:
Guaranty and indemnity fund ................. ......... 52 72 -19 513 573 -60 781 453 328
Loan guaranty revolving fund .......... ................ 10 27 -17 304 283 21 380 347 32
Other ................. .......... *' 8 2 6 115 110 5 143 112 31
Compensation and pensions .............................. 1,567 ...... 1,567 14,015 ...... 14,015 13,467 ... 13,467
Readjustment benefits ..................................... 77 ... ... 77 1,071 ...... 1,071 1,033 ...... 1 033
Post-Vietnam era veterans education account ...... 3 ...... 3 37 ...... 37 50 ...... 50
Insurance funds:
National service life ............. ....................... 105 ...... 105 1,025 ...... 1,025 1,044 ...... 1,044
United States government life .......................... 1 ...... 1 13 ...... 13 15 15
Veterans special life ..................................... 11 3 8 120 174 -54 119 172 -53
O ther ....................................................... 2 ...... 2 29 ...... 29 33 ...... 33
Total-Veterans Benefits Administration ............... 1,836 103 1,733 17,243 1,140 16,103 17,065 1,085 15,981

Construction .................................................. 59 ...... 59 574 V 1) 574 524 V 1 524
Departmental administration ................................. .137 .... 137 925 ...... 925 809 ...... 809
Proprietary receipts from the public:
National service life ........................................ ...... 25 -25 ...... 201 -201 .... 227 -227
United States government life ............................ ...... C *) V I .... I V *) V I ...... V I V I
Other ................................ ...................... ...... 63 -63 ...... 585 -585 1 .... 604
Intrabudgetary transactions .................................. -1 -1 -13 .... -13 -17 ...... -17

Total-Department of Veterans Affairs ................. 3,458 208 3,251 32,712 2,089 30,623 32,139 2,140 29,9911

Environmental Protection Agency:
Program and research operations ........................... -4 ...... -4 40 ...... 40 720 ...... 720
Environmental programs and management .................. 162 ...... 162 1,439 1 ..... 1,439 1,168 ...... 1,168
State and tribal assistance grants .......................... 254 254 2,186 ...... 2,186 1,922 ...... 1,922
Hazardous substance superfund ... ......................... 129 ...... 129 1,148 ...... 1,148 1,198 ...... 1,198
Other ......................................................... 53 V *) 53 729 V 1) 729 643 1 643
Proprietary receipts from the public ......................... ... 27 -27 ...... 215 -215 ...... 219 -219
Intrabudgetary transactions .................................. ..... I ... ... ...... -250 ...... -250 -250 ..... -250
Offsetting governmental receipts ............................ ...... V I V I ...... 7 -7 ...... 8 -8
Total-Environmental Protection Agency ............... 594 27 567 5,292 223 5,069 S,402 227 6,175

General Services Administration:
Real property activities ..... ................................ -739 -739 -426 ...... -426 -245 ...... -245
Supply and technology activities ............................ -26 ...... -26 122 ...... 122 196 ...... 196
Information Technology Service ............................. -40 -40 144 ...... 144 116 ...... 116
Other ........... ................. -7 ...... -7 118 ..... 1 118 119 ...... 119
Proprietary receipts from the public ......................... ...... V I V I ... ... 17 -17 ...... 1 -1
Total-General Services Administration ................ -812 -812 -41 17 -58 187 1 lee

National Aeronautics and Space Administration:
Human space flight ......................................... 507 ...... 507 4,571 ...... 4,571 2,643 ..... 2,643
Science, aeronautics and technology ........................ 469 ...... 469 4,041 ...... 4,041 1,927 ...... 1,927
Mission support ............................................. 246 ...... 246 1,943 ...... 1,943 1,615 ...... 1,615
Research and development ................... ........ 30 ..... 30 455 ...... 455 3,074 ...... 3,074
Space flight, control and data communications ............. 4 4 212 ...... 212 1,321 1,321
Construction of facilities ..................................... 21 ...... 21 226 1 ..... 226 255 ...... 255
Research and program management ........................ V I ..... V 1 5 ... 5 96 ...... 96
O ther ...... .................................................. 2 ...... 2 14 ...... 14 12 ...... 12
Total-National Aeronautics and Space
Administration ............................................ 1,280 ...... 1,280 11,467 ...... 11,467 10,942 ...... 10,942

Office of Personnel Management:
Government payment for annuitants, employees health
and life insurance benefits ...... .......................... 376 ...... 376 3,121 ...... 3,121 3,370 ...... 3,370
Payment to civil service retirement and disability fund ..... ...... ...... ...... ...... ...... ...... ......
Civil service retirement and disability fund .................. 3,394 ...... 3,394 33,083 ...... 33,083 31,972 ... 31,972
Employees life insurance fund .............. ............... 273 180 92 1,496 2,206 -710 1,335 2,091 -756
Employees and retired employees health benefits fund .... 1,384 1,330 54 13,309 13,004 305 13,032 13,260 -229
O ther ..... ...................... ............................ 38 ...... 38 62 ...... 62 58 ...... 58
Intrabudgetary transactions:
Civil service retirement and disability fund:
G eneral fund contributions .............................. ... ...... ..... ...... ..... ...... .... ......
Other .... ............... ................................ -100 -100 -23 ... -23 -27 ...... -27
Total-Office of Personnel Management ............... 5,364 1,510 3,854 51,048 15,210 35,838 49,739 15,351 34,308

16






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

This Month Current Final Year to Date Prior Fiscal Year to Date
Classification Woss JApplicablel Outlays Gross Applicable Outlays GrosSs Appficable Outlays
Outlays Receipts Outlays Receipts Outla, Receipts

Small Business Administration:
Public enterprise funds:
Business loan fund .. ...................................... 22 37 -15 451 385 66 338 368 -30
Disaster loan fund ......................................... 20 25 -4 320 266 53 384 193 191
Other ... .................. .......................... 1 1 V 1 13 11 1 17 13 4
Other .......... ___ ... .................................... 50 V 1 50 405 C 1) 405 489 1 488
Total-Small Business Administration .................. 94 63 31 1,188 662 526 1,228 575 653

Social Security Administration:
Payments to Social Security trust funds ................... 1,683 ...... 1,683 6,096 .... 6,096 5,448 ...... 5,448
Special benefits for disabled coal miners ................... 56 ... ... 56 561 .... 561 600 ...... 600
Supplemental security income program ..................... 2.484 ...... 2,484 21,199 21,199 19,873 ...... 19,873
Office of the Inspector General ............................. V I C 1 6 6 C I .... C I

Federal old-age and survivors insurance trust fund (offbudget):
Benefit payments .......................................... 25,247 ...... 25,247 249,427 ..... 249,427 239,913 ..... 239,913
Administrative expenses ................................... 219 ...... 219 1,553 ...... 1,553 1,489 .... 1,489
Payment to railroad retirement account .................. ... ... I ..... ...... 3,554 .... 3,554 4,052 .., ... 4,052
Quinquennial military service credit adjustment ........... ...... ..... ...... 129 ... ... 129 ...... ......
Total-FOASI trust fund ................................ 25,466 ...... 25,466 254,663 ...... 254,663 245,454 ...... 245,454

Federal disability insurancetrust fund (off4xidget):
Benefit payments ....... ..................... ...... 3,703 ...... 3,703 35,890 ...... 35,890 33,315 ... 33,315
Administrative expenses ............ ...................... 94 ...... 94 890 .... 890 892 ... 892
Payment to railroad retirement account .................. ...... ...... ...... 2 2 68 ...... 68
Quinquennial military service credit adjustment ........... ... ...... ..... 203 ...... 203 .... ...... ...
Total-FDI trust fund ................................... 3,798 ... 3,798 36,985 ...... 36,985 34,275 ...... 34,275

Proprietary receipts from the public:
On4xxIget .................................................. ...... 113 -113 ...... 921 -921 .... 557 -557
Off-budget .............. ...................... I ........... ...... V I V I ...... 18 -18 9 -9
Intratrudgetary transactions:
On-budget:
Quinquennial Adjustment for Military Service
Credits from FOASI and FDI: ........................ ...... ...... ...... -332 ... -332 ... ....
Off-budget' ................................................ -1,681 ...... -1,681 -6,095 ...... -6,095 -5,447 ...... -5,447
Total-Social Security Administration ................... 31,8W 113 31,693 313,084 939 312,145 300,203 566 299,638

Other Independent agencies:
Appalachian Regional Commission .......................... 19 ...... 19 122 1 122 133 2 131
Corporation for National and Community Service .......... 39 ...... 39 389 ...... 389 346 ... 346
Corporation for Public Broadcasting ....................... ...... ...... ...... 275 .... 275 286 ... 286
District of Columbia:
Federal payment .... ...................................... ...... ...... ...... 712 ... 712 714 ...... 714
O ther ....................................................... 7 ...... 7 7 12 -6 8 12 -4
Equal Employment Opportunity Commission ................ 16 V 1 15 189 1 188 201 1 200
Export-import Bank of the United States ................... 55 187 -132 822 1,356 -534 1,064 1,107 -43
Federal Communications Commission ....................... 17 4 13 147 25 122 148 44 104

Federal Deposit Insurance Corporation:
Bank insurance fund ...................................... 179 246 -66 1,115 1,938 -822 2,238 9,481 -7,243
Savings association insurance fund ....................... 5 27 -22 50 951 -902 38 981 -944
FSLIC resolution fund:
Resolution trust corporation ck)seout .................. 180 162 18 1,028 7,113 -6,085 4,305 13,289 -8,984
Other ................................................... 2 69 -66 828 709 120 1,641 1,037 603
Affordable housing and bank enterprise .................. V I ...... V 1) 1 1 4 ... 4
Total-Federal Deposit Insurance Corporation .............. 367 503 -137 3,022 10,711 -7,689 8,225 24,789 -16,563

Federal Emergency Management Agency:
Public enterprise funds .................................... 27 65 -38 687 318 369 690 289 401
Disaster relief .............................................. 169 ... 169 1,749 ...... 1,749 1,928 .... 1,928
Emergency management planning and assistance ....... 19 ...... 19 207 .... 207 240 .... 240
Other .................................................... 25 ...... 25 245 11 234 256 16 239
Federal Trade Commission .................................. 12 ...... 12 37 ...... 37 33 .... 33
Legal Services Corporation ... .............................. 45 ...... 45 235 .... 235 363 ...... 363
National Archives and Records Administration .............. is V 1 18 158 C 1 157 186 C 1 185
National Credit Union Administration:
Credit union share insurance fund ........................ -35 1 -36 58 196 -138 25 282 -256
Central liquidity facility ....... ............................ ..... ...... ...... ... 5 5 (* I
Other ............................ .......................... 7 V 1 7 -25 4 -30 -10 4 -14



17






Table 5. Outlays of the U.S. Governragnt, July 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 JApplicablel Outlays

I Outlays Receipts Outlays Receipts 0 ys Receipts
Other Independent agencies:-Continued
National Endowment for the Arts ... ................. 9 ...... 9 116 .... 116 145 ... 145
National Endowment for the Humanities .................. 12 12 119 ..... 1 119 140 ...... 140
National Labor Relations Board ............................. 21 ..... 21 143 ...... 143 150 ...... 150
National Science Foundation ................................. 293 ..... 293 2,376 ...... 2,376 2,206 .... 2,206
Nuclear Regulatory Commission ........................... 49 48 1 421 395 26 441 402 39
Panama Canal Commission ..................... ......... 62 57 5 518 546 -27 468 516 -47
Postal Service:
Public enterprise funds (off-budget) ............ .......... 4,525 24,723 -198 44,269 47,736 -3,467 41,254 45,414 -4,160
Payment to the Postal Service fund ...................... 21 ...... 21 122 ...... 122 130 ... 130

Railroad Retirement Board:
Federal windfall subsidy ................................... 19 ...... 19 196 ...... 196 211 ..... 211
Federal payments to the railroad retirement accounts ... 62 ...... 62 227 227 225 ...... 225
Rail industry pension fund:
Benefit payments ................ ....................... 239 ..... 239 2,367 2,367 2,346 ...... 2,346
Advances from FOASDI fund .......................... -94 ..... -94 -928 .... -928 -916 ...... -916
OASDI certifications .......................... .......... 093 ...... 93 926 ..... 926 916 ..... 1 916
Administrative expenses ................................ 7 7 61 ...... 61 60 ...... 60
Interest on refunds of taxes ............................ V I ...... V 1 11 ...... 11 17 ...... 17
Other ..................................................... V I ...... C 1 5 ...... 5 5 ...... 5
Intrabudgetary transactions:
Payments from other funds to the railroad
retirement trust funds ............................... ...... -3,556 ..... -3,556 -4,120 ... -4,120
Other .. ............................................... -62 ...... -62 21 .... 21 2 ...... 2
Supplemental annuity pension fund:
Benefit payments ....... ................................ 7 ...... 7 72 .... 72 76 ...... 76
Interest on refund of taxes ............................. V I C 1 22 ...... 22 1 ...... 1
Railroad Social Security equivalent benefit account:
Benefit payments ........................................ 414 ...... 414 4,126 ...... 4,126 4,081 .... 4,081
Interest on refund of taxes ............................. V I ...... V 1 8 ...... 8 V I ...... V I
O ther ....................................................... C I ...... V ...... 1 1 ...... I
Total-Railroad Retirement Board ...................... 685 ... 685 3,560 ...... 3,560 2,904 ... 2,904

Oversight Board .............................................. V I ...... V 1 559 ...... 559 -2 ...... -2
Securities and Exchange Commission ...................... 15 ...... 15 32 ...... 32 102 ...... 102
Smithsonian Institution ....................................... 45 ...... 45 354 ...... 354 357 ...... 357
Tennessee Valley Authority .................................. 785 725 60 7,954 7,098 856 7,736 6,408 1,328
United States Enrichment Corporation Fund ................ 115 191 -77 1,113 1,236 -124 1,097 1,419 -322
United States Information Agency ........................... 119 V 1 119 976 (* 1 976 922 V 1 922
Other ......................................................... 77 26 51 1,047 316 731 1,415 321 1,094

Total-Other independent agencies .................... 7,639 6,531 1,108 72,714 69,962 2,752 74,304 81,030 --4,726

Undistributed offsetting receipts:
Other interest .............. ................................. ...... V I V I ...... 1 -1 V V I

Employer share, employee retirement:
Legislative Branch:
United States Tax Court:
Tax court judges survivors annuity fund ............ ...... ...... ...... V I ..... V I V I ...... C I
The Judiciary:
Judicial survivors annuity fund .......................... ...... ...... .... ...... ...... ...... ...... ...... ......
Department of Defense-Civil:
Military retirement fund ................................. -973 ...... -973 -9,314 ...... -9,314 -10,210 ...... -10,210
Department of Health and Human Services:
Federal hospital insurance trust fund:
Federal employer contributions ....................... -151 ...... -151 -1,493 ...... -1,493 -1,519 ...... -1,519
Postal Service employer contributions ............... -43 .... I -43 -413 ...... -413 -468 ...... -468
Payments for military service credits ...... ......... -73 .... -73 -73 ...... -73 -61 ...... -61
Department of State:
Foreign Service retirement and disability fund ......... -9 -9 -90 ...... -90 -89 ...... -89
Office of Personnel Management:
Civil service retirement and disability fund ............. -800 ...... -800 -8,479 ...... -8,479 -8,154 ... --- 8,154
Social Security administration (off-budget):
Federal old-age and survivors insurance trust fund:
Federal employer contributions ....................... -442 ...... -442 -4,192 ...... -4,192 -4,318 ...... -4,318
Payments for military service credits ................ -263 ...... -263 -263 -263 -225 .... -225
Federal disability insurance trust fund:
Federal employer contributions ....................... -79 -79 -749 .... -749 -771 ... -771
Payments for military service credits ................ -47 ...... -47 -47 ..... -47 -67 ...... -67
Independent agencies:
Court of veterans appeals retirement fund ........... ...... V ...... V I V I ...... V I
Total-Employer share, employee retirement .......... -2,880 -2,880 -25,112 ...... -25,112 -25,882 ..... -25,882

18






Table 5. Outlays of the U.S. Government, July 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 Outlays ipts Outlays
Outlays Receipts Outlays Receipts Outlays Rec7eipts

Undistributed offsetting receipts:-Continued
Interest received by trust funds:
The Judiciary:
Judicial survivors annuity fund ... ........ -1 -1 -16 ..... -16 -14 ... -14
Department of Defense-Civil:
Corps of Engineers ........ .......................... -4 -4 -22 -22 -26 .... -26
Military retirement fund ....... ............... .... 64 ..... 64 -10,912 ...... -10,912 -10,655 -10,655
Education benefits fund ... ...... -2 -2 -32 -32 -37 ... -37
Soldiers' and airmen's home permanent fund ......... -1 ...... -1 -5 -5 -8 -8
O th e r ........... ........ ............. ............... ...
Department of Health and Human Services:
Federal hospital insurance trust fund .................. -5 -5 -10,334 ..... -10,334 -10,818 .... -10,818
Federal supplementary medical insurance trust fund -15 ..... -15 -1,345 .... -1,345 -1,807 ..... -1,807
Department of Labor:
Unemployment trust fund ....... -6 ...... -6 -3,370 ... -3,370 -2,687 ...... -2,687
Department of State:
Foreign Service retirement and disability fund ......... C C 1 -631 .... -631 -611 -611
Department of Transportation:
Highway trust fund ........ -9 -9 -1,266 ... -1 266 -1,122 ...... -1,122
Airport and airway trust fund ............... ...... -4 -4 -741 ...... -741 -744 ... -7"
Oil spill liability trust fund ... ............ ............. C C -7 ...... -7 -9 -9
Department of Veterans Affairs:
National service life insurance fund ............ C ...... -1,047 ... -1,047 -1,072 .... -1,072
United States government life Insurance Fund ........ C ...... C 1 -7 ..... -7 -9 .... -9
Environmental Protection Agency ......................... C I C 1 -2 ...... -2 -2 -2
National Aeronautics and Space Administration .......... ...... .... ...... -1 ...... -1 -1 -1
Office of Personnel Management:
Civil service retirement and disability fund ............ -42 ...... -42 -28,998 ..... 1 -28,998 -27,994 .... -27,994
Social Security administration (off-budget):
Federal old-age and survivors insurance trust fund ... -17 ...... -17 -33,890 ...... -33,890 -31,318 ...... -31,318
Federal disability insurance trust fund ........ ........ -3 -3 -2,449 .... -2,449 -1,862 ...... -1,862
Independent agencies:
Railroad Retirement Board ........ ........ .... -58 ...... -58 -854 ... -854 -718 ...... -718
Other ............ .......... ............... -3 ...... -3 -26 ..... -26 -20 ...... -20
Other ............... ............ ................. -10 ...... -10 -85 -85 -196 ..... -196
Total-interest received by trust funds ...... .... -116 ..... -116 -96,042 ...... -96,042 -91,731 ... ... -91,731
Rents and royalties on the outer continental shelf lands .. ...... 641 -641 ...... 2,933 -2,933 2,110 -2,110
S ale of m ajor assets ............ ................... ... ...... ...... ...... ..... ...... ...... ...... ...... ......
Spectrum auction proceeds ..... ..................... ...... ...... 23 -23 1 .... 227 -227 ...... 7,644 -7,644

Total-Undistributed offsetting receipts ................ -2,996 664 -3,660 -121,154 3,161 -124,316 -117,614 9,754 -127,368
Total outlays ................................................. 148,625 17,717 130,909 1,462,635 166,200 1,296,434 1,425,662 177,618 1,248,045
Total on-budget ........................................... 117,447 12,993 104,454 1,174,481 118,"6 1,056,035 1,148,688 132,195 1,016,492

Total off-budget ........................................... 31,178 4,723 26,455 288,154 47,754 240,399 276,975 45,423 231,552
Total surplus (+) or deficit ................................ -27,096 -102,118 -137,248
Total on-budget ........................................... -29,252 -168,857 -198,770

Total off-budget ........................................... +2,156 +66,739 +61,522

MEMORANDUM
Receipts offset against outlays [$ millions)
Current
Fiscal Year Comparable Period
to Date Prior Fiscal Year
Proprietary receipts ........... ...... ......... ..................... 43,660 40,724
Intrabudgetary transactions .. ................................. .... 208,748 188,977
Governmental receipts ....... ........................................... 2,547 9,752
Total receipts offset against outlays ...... .................. 254,955 239,453

'Includes FICA and SECA tax credits, non-contributory military service credits, special benefits Less than $500,000
for the aged, and credit for negotiated OASI benefit checks. Note: Details may not add to totals due to rounding
2The Postal Service accounting is composed of thirteen 28-day periods. To conform with the IVITS calendar-month reporting basis used by all other Federal agencies, the MTS reflects USPS results through July 19th and estimates for $845 million through July 31th.











19






Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government July 1996 and Other Periods [$ millions)
Not Transactions Account Balances
Assets and Liabilities donates not 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 Year I 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 .... ........................................ 27,813 214,906 267,402 4,958,983 5,146,076 5,173,889
Federal Financing Bank ........................ .................... ..... 15,000 15,000 15,000
Total, public debt securities ...................................... 27,813 214,906 267,402 4,973,983 5,161,076 5,188,889
Plus premium on public debt securities ....................... -8 -80 -79 1,236 1,163 1,155
Less discount on public debt securities .... ............... 95 -1,700 2,931 81,231 79,437 79,532
Total public debt securities net of Premium and
discount .......... .............................. ........... 27,710 216,525 264,391 4,893,989 5,082,803 5,110,513
Agency securities, issued under special financing authorities (see
Schedule B. for other Agency borrowing, see Schedule C) .......... -507 8,349 -1,331 26,962 35,817 35,310
Total federal securities ................................................ 27,203 224,873 263,060 4,920,950 5,118,621 5,145,824
Deduct:
Federal securities held as investments of government accounts
(see Schedule D) ................... ............................. -1,763 107,487 102,099 1,320,800 1,430,049 1,428,287
Less discount on federal securities held as investments of
government accounts .......... .............................. 133 2,058 874 3,188 5,113 5,246
Net federal securities held as investments of government
accounts ..................................................... -1,895 105,428 101,225 1,317,612 1,424,936 1,423,041
Total borrowing from the public ......................... 29,098 119,445 161,835 3,603,338 3,693,685 3,722,783
Accrued interest payable to the public .................................... 193 811 6,894 50,611 51,229 51,422
Allocations of special drawing rights ...................................... 109 -200 452 7,380 7,072 7,180
Deposit funds ....................... ...... ............................... -223 553 763 8,186 8,961 8,738
Miscellaneous liability accounts (includes checks Outstanding etc.) ...... -374 -2,876 -2,851 4,790 2,288 1,914
Total liability accounts .................................................... 28,803 117,733 167,092 3,674,305 3,763,235 3,792,038
Asset accounts (deduct)
Cash and monetary assets:
U.S. Treasury operating cash:1
Federal Reserve account .............................................. -865 -1,784 4,358 8,620 7,701 6. &V
Tax and loan note accounts .......................................... -396 607 8,606 29,329 30,332 29,936
Balance ................... ................. ........................ -1,261 -1,178 12,963 37,949 38,033 36,iil
Special drawing rights:
Total holdings .. ....................................................... 170 180 1,516 11,035 11,046 11,216
SDR certificates issued to Federal Reserve banks .................. ...... ...... -2,500 -10,168 -10,168 -10,168
Balance ............................................................. 170 180 -984 867 878 1,048
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 ................................. 589 -1,082 2,445 8,196 6,525 7,114
Letter of credit issued to IMF ........................................ 149 3,444 -811 -26,315 -23,020 -22,871
Dollar deposits with the IMF .......................................... 1 13 -9 -105 -93 -92
Reoeivable/Payable (-) for interim maintenance of value
adjustments ................................ .......................... -353 -1,390 1,069 1,145 108 -245
Balance ........................ ..................................... 387 985 2,693 14,682 15,281 15,668
Loans to International Monetary Fund ...................... ........... ...... ...... V I V I V I
Other cash and monetary assets ....................................... 21,077 6,141 11,923 30,525 35,589 36,666
Total cash and monetary assets ..................................... 373 6,130 26,596 84,023 89,780 90,153
Net activity, guaranteed loan financing .................................... 305 755 -1,799 -12,714 -12,264 -11,959
Net activity, direct loan financing .......................................... 666 9,906 4,903 19,732 28,972 29,638
Miscellaneous asset accounts ............................................. 384 -1,155 713 -1,748 -3,287 -2,903
Total asset accounts ..................................................... 1,727 15,636 30,412 89,293 103,201 104,929
Excess of liabilities (+) or assets (-) .................................... +27,076 +102,097 +136,679 +3,585,012 +3,660,034 +3,687,110
Transactions not applied to current year's surplus or deficit (see
Schedule a for Details) ...................................................... 20 20 569 ...... ...... 20
Total budget and off-budget federal entities (financing of deficit (+)
or disposition of surplus (-)) ............................................ +27,096 +102,118 +137,248 +3,585,012 +3,660,034 +3,687,130

'Major sources of information used to determine Treasury's operating cash income include 21ncludes prior period adjustment. Federal Reserve Banks, the Treasury Regional Finance Centers, the Internal Revenue Service ... No Transactions. Centers, the Bureau of the Public Debt arid various electronic systems. Deposits are reflected as (* *) Less than $500,000 received and withdrawals are reflected as processed. Note: Details may not add to totals due to rounding



20






Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, July 1996 and
Other Periods
1$ 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 ....... 3,660,034 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) ...... ......... 3,660,034 3,585,012 3,421,878

Budget surplus (-) or deficit:
Based on composition of unified budget in prior fiscal yr ........... 27,096 102,118 137,248
Changes in composition of unified budget ................. ......
Total surplus (-) or deficit (Table 2) ... ................................ 27,096 102,118 137,248
Total-on-budget (Table 2) ........................................... 29,252 168,857 198,770
Total-off-budget (Table 2) .............................................. -2,156 -66,739 -61,522
Transactions not applied to current year's surplus or deficit:
S seigniorage ... ......................................................... ...... ...... 569
Profit on sale of gold ... .............................................. -20 -20 V I
Total-transactions not applied to current year's Surplus or
deficit ... ............... ........................................ -20 20 569

Excess of liabilities close of period ................................... 3,687,110 3,687,110 3,558,558




Table. Schedule B-Securities Issued by Federal Agencies Under Special Financing Authorities, July 1996 and
Other Periods
1$ 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 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 I C I C I
Federal Deposit Insurance Corporation:
FSLIC resolution fund ................ ............................ ...... -32 -32 158 126 126
Obligations guaranteed by the United States, issued by: Department of Defense:
Fam ily housing mortgages ............................................. ...... ..... 6 6 6
Department of Housing and Urban Development:
Federal Housing Administration ........................................ ...... -25 -28 87 62 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 I
Obligations not guaranteed by the United States, issued by: Legislative Branch:
Architect of the Capitol .............. ................................. 1 5 5 182 185 187
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 .... I ...... 4,406 4,406
Tennessee Valley Authority ............................................ -509 3,996 -1,275 24,960 29,465 28,956
Total, agency securities ........................................... -507 8,349 -1,331 26,962 36,817 35,310

... 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,
July 1996 and Other Periods
141 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 ......................................... 343 367 788 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 ......................................... ...... .... ...... 1 1 1
Overseas Private Investment Corporation ... ........................... ..... 21 29 52 73 73
Department of Agriculture:
Farm Service Agency:
Commodity Credit Corporation ........................................ ...... -6,136 -8,979 6,987 851 851
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 ... ................ 1 415 453 8,666 9,080 91081
Rural Telephone Bank ................................................ ...... -64 83 664 600 600
Rural development insurance fund ..................................... (* 1 220 715 2,806 3,026 3,026
Rural communication development fund .............................. ...... ...... ... 25 25 25
Rural housing and Community Development Service:
Rural housing insurance fund ................ ........................ V 1 817 1,030 5,353 6,169 6,169
Self-help housing land development fund ............................ ...... ...... 1 V I V V 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 1204
Federal family education loan program ................................. ...... .... ...... 1,134 1,134 1,134
College housing and academic facilities fund ............ .............. ...... ...... 18 184 184 184
College housing loans ................................................... ...... V 1 360 359 359
Department of Energy:
Isotope production and distribution fund ............................... ...... ... -14 ... ...... ......
Bonneville power administration fund ................................... ...... -165 85 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 ......................................... ... ...... ...... 252 252 262
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 ....................................................... C I V I ...... C
Department of Transportation:
Federal Highway Administration:
High priority quarters loan fund ...................................... ..... ...... 21 32 32 32
Federal Railroad Administration:
Railroad rehabilitation and improvement
financing funds .. ...... ................. ........................... ..... ...... 1 V I V I
Amtrak corridor improvement loans .................................. ..... V 1 3 3 3
O ther ...................... .............................. ............. ...... ..... C I V I V I
Federal Aviation Administration:
Aircraft purchase loan guarantee program ........................... .... V I C I V I V I
Minority business resource center fund ............................... ...... 7 14 15 22 22
Department of the Treasury:
Federal Financing Bank revolving fund ........................ ...... -1,420 -22,064 -20,465 69,297 48,654 47,233
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 ........................................... ...... V I C 1 1 1 1
Native american veteran housing fund ....... .......................... ...... 18 12 7 25 25
Vocational rehabilitation revolving fund ...... ........... ........... ...... V I V 1 2 2 2




22






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

Transactions Account Balances
Current Fiscal Year
Classification

This Month Fiscal Year to Date Beginning of Close of
This month
This Year Prior Year I This Year 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 49 342 380 380
Disaster loan fund ........................ ............... ............ ...... 852 1,003 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 ... ...................... ...... 424 203 268 692 692
Disaster assistance loan fund .................... ......... ..... 16 -11 169 222 195 211
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 .... ...................... 272 -458 -455 2,828 2,097 2,370
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 .................. -1,130 -16,106 -21,633 134,892 119,917 118,787

Borrowing from the Federal Financing Bank:
Funds Appropriated to the President:
Foreign military financing program ................. .............. -32 -202 -218 3,493 3,323 3,291
Department of Agriculture:
Farm Service Agency:
Agriculture credit insurance fund ............. ....................... -225 -1,400 -4,225 1,470 295 70
Rural Utilities Service:
Rural electrification and telephone revolving fund ................... -108 -431 -42 21,875 21,551 21,443
Rural development insurance fund ..................... .......... ... ...... ...... ...... 3,675 3,675 3,675
Rural housing and Community Development Service:
Rural housing insurance fund .... .......... ................ ........ -1,050 -2,125 -1,485 21,700 20,625 19,575
Department of Defense:
Departm ent 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 ........................... -8 -8 -30 33 33 25
Department of Housing and Urban Development:
Low rent housing loans and other expenses ........ ........ ........ -62 -58 1,689 1,627 1,627
Community Development Grants ............ .......................... -1 -9 -17 89 81 80
Department of Interior:
Territorial and international affairs ............ ........ ................. V 1 -1 -1 21 20 20
Department of Transportation:
Federal Railroad Administration .... .................................... ...... -1 V 1 14 13 13
Federal Transit Adm inistration ........... ....... ............ ...... ...... -665 ...... ......
General Services Administration:
Federal buildings fund .............. ................. ........... -3 -33 102 1,893 1,863 1,861
Small Business Administration:
Business loan fund ........ .......... .................................. -2 -36 -179 361 327 325
Independent agencies:
Export-Import Bank of the United States .................. ........... ...... -659 -1,280 2,506 1,847 1,847
FSLIC resolution fund:
Resolution trust corporation closeout .... ..................... ....... .... -6,672 -11,863 13,209 6,536 6,536
Pennsylvania Avenue Development Corporation ....... ........... 8 90 1GO 374 455 463
Postal Service .......... ......... ... ................. .... ...... -7,265 -358 7,265
Tennessee Valley Authority ...... ................ ................ -3,200 -200 3,200
Total borrowing from the Federal Financing Bank ................ -1,421 -22,064 -20,466 84,298 63,655 62,234

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, July 1996 and
Other Periods
[$ millions)

Net Purchases or sates Securities Hold as Investments
Current Fiscal Year
Classification This Month Fiscal Year to Onto Beginning of Close of

This month
This Year I Prior Year This Year This Month

Federal funds:
Department of Agriculture ... .................... ...................... -3 5 1 8 5
Department of Commerce ....................... ................. ....... -12 -17 3 20 15 3
Department of Defense-Military:
Defense cooperation account ....... ...... ........... C C 1 -4 1 1 1
Department of Energy ....... ...... ............. .... 88 782 494 4,951 5,645 5,733
Department of Housing and Urban Development:
Housing programs:
Federal housing administration fund ............. ....... .......... 433 1,591 -161 6,678 7,836 8,269
Government National Mortgage Association:
Management and liquidating functions fund:
Agency securities ..... ............... ............................. ...... 15 ...... 15 ...... ......
Guarantees of mortgage-backed securities:
Public debt securities .............. ........... ............. 65 458 420 4,210 4,604 4,668
Agency securities ............ ....... .............................. ...... 1 ...... 1 ......
O ther .................................................... ................ ...... 103 32 209 105 105
Department of the Interior ... .............. ............. ............ 18 182 583 3,431 3,595 3,613
Department of Labor .............. ........................................ 42 197 182 5,796 5,950 5,993
Department of Transportation .............. .............................. -19 -55 60 481 446 427
Department of the Treasury .......... ................................. 63 1,924 -5,157 2,559 4,421 4,483
Department of Veterans Affairs:
Canteen service revolving fund ...... ...... .......... ............. -2 3 6 38 43 41
Veterans reopened insurance fund ............. ................ ...... -1 6 10 526 534 532
Servicemen's group life insurance fund ........................... -38 4 4 4
Independent agencies:
Export-Import Bank of the United States ... .......................... 176 422 ISO 135 381 558
Federal Deposit Insurance Corporation:
Bank insurance fund ............... ............................. 78 907 7,363 21,017 21,846 21,924
Savings association insurance fund ................ .......... 23 915 948 3,600 4,492 4 515
FSLIC resolution fund ..... .......... .............. .............. 66 14 -635 528 475 542
Federal Emergency Management Agency:
National flood insurance fund ......................................... ...... ...... -200 ...... ...... ...
National Credit Union Administration .. ................................. 30 159 271 3,325 3,454 3,484
Postal Service ............. ......... .................................... 220 808 3,754 1,249 1,837 2,057
Tennessee Valley Authority ............... I ....................... -50 104 -2,712 1,242 1,395 1,345
Other ............................ ............. .......... .......... 17 200 229 1,422 1,604 1,622
Other ..... ...... ...................... ............. ...... 151 498 359 2,978 3,326 3,477
Total public debt securities ................ ............. ... 1,382 9,000 5,988 64,399 72,017 73,399
Total agency securities ........... ...... .......... ...... -16 ... ... 16 ...... ......

Total Federal funds ............................................. 1,382 8,984 51988 64,415 72,017 73,399

Trust funds:
Legislative Branch:
Library of Congress ............... .................... 16 8 13 28 28
United States Tax Court .......... ............................ ... ...... V I V 1 5 6 6
O ther ......... ............ ......... ...... ................... 1 5 31 33 33
The Judiciary:
Judicial retirement funds ............ .......................... ...... -2 43 37 287 332 330
Department of Agriculture ......................... ....................... 37 106 45 310 379 416
Department of Commerce .. ............ ......... ....................... ...... V I V 1) C I V I V I
Department of Defense-Military:
Voluntary separation incentive fund ...... ...... ............. ... -26 155 -37 685 866 $41
Other ..... ......... ...... ...... ...................... V 1 -20 -65 88 69 69
Department of Defense-Civil:
Military retirement fund ..................... ...................... -1,445 6,316 9,865 112,963 120,724 119,279
Other ...... ......... ......... .............................. -7 153 93 1,495 1,655 1,648















24






Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, July 1996 and
Other Periods-Continued
[$ millions)

Net 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 ..... ........ .................... -2,535 -2,510 5,297 129,864 129.890 127,355
Federal supplementary medical insurance trust fund ......... ... 388 11,772 266 13,513 24,898 25,286
O ther ... ... ..... ......... ................... ......... ............. 13 95 135 992 1,074 1,088
Department of the Interior .. ... ................................. .... -29 25 145 315 369 340
Department of Justice ........ ....... ................. 60 49 60 60
Department of Labor:
Unemployment trust fund ........................ ............... -509 5,990 6,246 47,141 53,641 53,132
Other ............................. ............. -10 -37 -35 77 49 39
Department of State:
Foreign Service retirement and disability fund ......... ........... .... -27 530 530 7.801 8,358 8,331
O ther ..................................................................... 1 27 21 29 2 3
Department of Transportation:
Highway trust fund ..................... ................................ 631 2,708 1,887 M 531 20,608 21,240
Airport and airway trust fund .................................. ........ -560 -2,656 -580 11,145 9,049 8,489
Other ................ ............................................... -8 20 140 1,880 1,908 1,899
Department of the Treasury .................... ...................... 70 -7 -96 235 158 228
Department of Veterans Affairs:
General post fund, national homes .............................. ...... 3 5 -1 36 37 40
National service life insurance ......................................... -57 221 261 11,954 12,232 12,175
United States government life Insurance Fund ............ .... 1 -5 -6 106 100 101
Veterans special life insurance fund .. ..... .............. ............ -5 54 54 1,546 1,605 1,600
Environmental Protection Agency .................... ........ -100 17 689 7,243 7,360 7,260
National Aeronautics and Space Administration ...... .......... ........ .... V 16 16 16
Office of Personnel Management:
Civil service retirement and disability fund:
Public debt securities ........... ................................... -1,514 1,522 7,846 366,126 369,162 367,648
Agency securities ............................ ........ ........ ...... ..... 1 7,606 ... 7,606 7,606
Employees life insurance fund .......................................... -88 745 754 15,839 16,672 16,584
Employees and retired employees health benefits fund ......... 119 -137 231 7,890 7,633 7,752
Social Security Administration:
Federal old-age and survivors insurance trust fund .................... 1,352 50,120 33,311 447,947 496,715 498,067
Federal disability insurance trust fund .......... ....................... 837 13,266 27,309 35,225 47,654 48,491
Independent agencies:
Harry S. Truman memorial scholarship trust fund ..................... 54 55 54
Japan-United States Friendship Commission ........................ 16 16 16
Railroad Retirement Board .............................................. 303 2,331 1,619 14,440 16,468 16,772
Other ........ ......... ......................................... ........ 22 22 130 544 545 566
Total public debt securities ...................... .................... -3,145 90,896 96,111 1,256,385 1,350,426 1,347,281
Total agency securities .. ................... ........ ..... 7,606 .... ...... 7,606 7,606
Total trust funds ................................................. -3,145 98,502 96,111 1,256,385 1,358,032 1,354,887

Grand total .................................................................. -1,763 107,487 102,099 1,320,800 1,430,049 1,428,287

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 [I millions]

Fiscal ComYear parable
Classification Oct. Nov. Dec. Jan. Feb. March April May June July Aug. Sept. TO Period
Date 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 49,814 541,640 485,126
Corporation income taxes ............ 2,180 1,694 38,021 5,158 1,692 15,460 24,937 2,570 36,957 4,975 133,645 121.597
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 36,946 396,982 376,829
Unemployment insurance ............ 1,214 2,940 223 1,081 2,546 258 3,628 10,155 400 1,939 24,384 24,189
Other retirement contributions ........ 342 340 416 374 403 419 346 417 295 372 3,724 3,750
Excise taxes .... ........................ 4,453 5,154 4,870 4,241 4,308 4,133 4,577 4,113 4,310 4,508 4067 47,023
Estate and gift taxes .................. 1,160 1,349 1,383 1,288 1,090 1,137 2,704 1,415 1,141 1,259 13,925 11,976
Customs duties .......................... 1,786 1,593 1,439 1,482 1,456 1,528 1,388 1,427 1,450 1,712 15,260 15,872
Miscellaneous receipts ................... 2,070 2,4961 1,618 2,364 1,5171 2,467 1,6801 1,929 1,6631 2,287 20,090 24,436
Total-Receipts this year ........... 95,593 90,006 138,271 142,922 89,349 89,011 203,386 90,044 151,919 103,813 1,194,317 ......
(On-budget) ........................ 72,200 63,651 110,322 110,615 60,913 56,677 160,774 60,106 116,718 75,202 887,178 ......
(Off-budget) ........................ 23,393 26,357 27,949 32,307 28,437 32,334 42,613 29,938 35,201 28,610 X117,138 ......
Total-Receipts prior year ........... 89,024 87,673 130,810 131,801 82,544 92,532 165,392 90,405 147,868 92,749 .... 1,110,797
(On budget) ......................... 65,384 62,083 103,860 10536 54,405 61,970 126,170 61,027 115,998 65,788 ...... 817,722
(Off budget) ....... ................... 23,639 25,590 26,950 30,765 28,139 30,562 39,222 29,378 31,870 26,961 ...... 293,075

Outlays
Legislative Branch ....................... 175 173 158 262 199 162 172 205 167 243 1,916 2,244
The Judiciary ............................ 197 196 226 320 212 215 329 385 206 319 2,605 2,342
Executive Office of the President ....... 14 14 14 18 15 25 19 19 14 19 170 lei
Funds Appropriated to the President:
International Security Assistance ..... 120 764 239 138 2,012 104 143 101 272 67 3,961 4,940
International Development
Assistance ........................... 801 256 240 585 261 416 626 241 457 615 4,498 4,5W
Other .. ...................... ........ -199 183 -286 350 67 305 58 250 -292 -891 -453 -541
Department of Agriculture:
Commodity Credit Corporation and
Foreign Agricultural Service ......... 820 2,104 352 112 -31 -313 -473 -356 -459 426 2,180 8,303
Other .................. ............... 4,990 4,436 3,888 4,138 3,713 4,229 3,738 4,113 4,017 4,119 41,381 42,006
Department of Commerce ............... 353 280 2501 363 3071 287 322, 335 239 3791 3,117 2,927
Department of Defense:
Military:
Military personnel ................... 3,033 5,927 8,009 3,325 5,760 5,552 5,522 8,092 3,445 6,299 54,963 56,756
Operation and maintenance ........ 5,957 6,721 7,265 7,723 7,579 7,562 7,598 8,392 7,593 7,094 73,484 73,417
Procurement ........................ 3,616 3,250 3,924 4,579 3,396 4,562 4,201 4,185 4,736 4,255 40,705 45,082
Research, development, test, and
evaluation ................... 2,645 2,689 2,905 2,985 2,878 3,199 3,179 3,368 3,048 2,925 29,820 28,"7
Military construction ................ 535 611 635 543 429 517 625 677 406 572 5,548 5,435
Family housing ... ... .............. 307 287 296 337 283 327 314 336 304 326 3,115 2,846
Revolving and management
funds .............................. 796 1,105 702 -145 182 -61 482 769 -772 169 3,228 223
Other .......... ....... ............ 381 -328 253, 24 -281 -101 -133, -160 17 -371 1 -113 -651
Total Military ................... 17,270 20,262 23,988 19,371 20,478 21,556 21,787 25,658 18,776 21,602 210,750 211,556
Civil ......... ......................... 2,660 2,707 2,593 2,718 2,853 2,664 2,683 2,774 2,635 2,756 27,043 26,125
Department of Education ................ 2,056 2,336 1,891 3,624 2,568 2,620 2,356 1,906 2,194 1,462 23,013 24,503
Department of Energy ................... 1,495 1,383 1,498 1,139 1,285 1,222 1,136 1,200 1,422 1,326 13.107 14,414
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 1,848 17,628 17,146
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 7,714 76,245 73,572
Federal hospital ins. trust fund .... 9,082 9,869 10,302 10,169 10,709 10,410 10,947 14,699 8,880 11,530 106,598 93,842
Federal supp. med. ins. trust
fund ............................... 5,367 5,913 6,032 5,758 5,043 5,367 5,793 6,875 4,815 6,223 57,185 53,388
Other ............................... 3,934 3,792 3,577 6,161 4,814 12,356 6,450 4,737 5,365 4,832 56,018 39,783
Administration for children and
families ............................. 2,426 2,972 2,607 3,051 2,795 2,306 2,729 2,867 2,296 2,513 26,563 26,796
Other .................................. -5,515 -5,462 -4,906 -8,033 -6,357 -13,892 -7,924 -8,542 -7,007 -6,432 -74,070 -55,058
Department of Housing and Urban
Development .......................... 1,087 2,350 2,701 2,646 2,162 3,122 2,308 2,384 1,348 2,449 22,558 24,283
Department of the Interior ...... ....... 641 477 499 536 624 485 504 567 497 569 5,399 5,930
Department of Justice ................... 809 985 838 1,112 933 920 1,020 1,079 945 1,275 9,916 8,955
Department of Labor:
Unemployment trust fund ............. 1,786 1,864 2,133 2,872 2,596 2,613 2,503 2,136 1,853 2,138 22,494 21,351
Other .................................. 730 957 298 661 -76 377 702 252 682 715 5,297 5,657
Department of State .................... 531 341 439 300 423 432 357 404 332 725 4,284 4,52D
Department of Transportation:
Highway trust fund .......... ........ 1,632 1,873 1,492 1,315 1,401 1,471 1,414 1,649 1,753 1,8" 15,843, 15,428


26






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

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

Outlays-Continued
Other ._ ....... ........ ........ 1,506 1,427 1,630 1,800 1,578 1,443 1,471 1,667 1,441 1,808 15,771 16,221
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 21,100 300,184 289,938
Other..................... ... -30 -1,053 1,146 405 6,870 7,171 2,939 1,686 1,753 304 21,189 15,903
Department of Veterans Affairs:
Compensation and pensions ...... 101 1,488 2.911 83 1,561 1,569 1,575 3,047 113 1,567 14,015 13,467
National service life ... ..... ......... 75 63 63 83 91 105 95 87 82 80 825 817
United States government life ..... 1 1 1 1 1 2 1 1 1 1 13 15
Other .................. 1,442 1,710 1,441 1,985 1,231 1,612 1,279 2,100 1,370 1,602 15,771 15,700
Environmental Protection Agency ... 484 538 435 595 526 481 494 471 478 567 5,069 5,175
General Services Administration ...339 389 477 -393 382 396 -739 -520 423 -812 58 186
National Aeronautics and Space
Administration ........ .............. 1,128 1,119 973 1,208 1,073 1,057 1,193 1,281 1,155 1,280 11,467 10,942
Office of Personnel Management ... 3,576 3,418 3,576 3,379 3,252 3,758 3,756 3,377 3,893 3,854 35,838 34,388
Small Business Administration ... 16 238 76 -9 23 41 31 40 38 31 526 653
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 25,466 254,663 245,454
Federal disability ins, trust fund (offbudget) .......... .............. 3,516 3,475 3,773 3,581 3,671 3,786 3,751 3,830 3,804 3,798 36,985 34,275
Other ... ...._ ..... ...........174 2,233 3,941 254 2,372 2,261 2,340 4,491 () 2,430 20,496 19,909
Independent agencies:
Fed. Deposit Ins. Corp:
Bank insurance fund.............. -609 -69 20 -110 -10 59 -132 -3 99 -66 -822 -7,243
Savings association insurance
fund. ......... ................. -40 -14 -82 -235 -2 -142 -33 -21 -311 -22 -902 -944
FSLIC resolution fund:
RTC closeout ......... .......-1,502 -840 -638 -797 -676 -638 -370 -355 -287 18 -6,085 -8,984
Other .... ........ ...... ....... 407 87 -71 -37 -27 -33 -19 -106 -15 -66 120 603
Affordable housing and bank
enterprise ....... ..............' .........( () ) () () () () () 1 4
Postal Service:
Public enterprise funds (offbudget) ........... ........ .... -374 -618 333 -883 -280 -674 -721 438 -490 -198 -3,467 -4,160
Payment to the Postal Service
f und .............. ...... ....... 55 3 21 ...... .........21 ...... .......21 122 130
Oversight Board....... .... _........556 V~ I' V) I (V) (* I (*) I ( ) (*) (* 1 559 -2
Tennessee Valley Authority............123 186 96 106 -108 -106 25 102 372 60 856 1,328
Other independent agencies..........2,026 1,792 1,069 1,408 1,655 1,417 1,577 1,746 -1.681 1,361 12,371 12,541
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 -2,880 -25,112 -25,882
Interest received by trust funds ........-415 -5,736 -40,465 -65 -1,028 -143 -990 -5,951 -41,133 -116 -96,042 -91,731
Rents and royalties on outer
continental shelf lands .. .... ........ -361 -200 -121 -322 -295 -8 -499 -408 -78 -641 -2,933 -2,110
Other.......................... ) ()......... ... ("... ...... -200 -51 1" -231 -228 -7,645

Totals this year:
Total outlays ..................... 118,352 128,458 132,984 123,647 133,644 136,286 130,993 143,342 117,818 130,909 _______ 1,296,434 ...
(On-budget)..................... 92,151 101,767 121,753 98,056 105,711 108,365 105,131 114,485 104,161 104,454 ___ 1,056,035 ...
(Off-budget) .................... 26,201 26,691 11,231 25,591 27,933 27,921 25,863 28,856 13,657 26,455 ___ 240,399 ...
Total-surplus (+) or deficit (-)..-22,758 -38,450 +5,286 +19,274 -44,295 -47,275 +72,393 -53,298 +34,101 -27,096 ____-102,118 ...
(On-budget).................... -19,951 -38,116 -11,431 +12,558 -44,799 -51,688 +55,643 -54,380 +12,557 -29,252 ___ -168,857 ...
(Off-budget) .................... -2,807 -334 +16,717 +6,716 +504 +4,413 +16,750 +1,082 +21,544 +2,156 +66,739 ...
Total borrowing from the public .... 13,353 38,339,-18,358 -4,747. 47,022 38,189,-35,466 20,633, -8,619 29,098 ____ 119,445 161,835
Total-outavs prior Year........120,365 124,915 135,613 116,166 120,899 143,074 115,673 129.958 135,054 106.328 ....1.248.045
(On-budget) ....... 95,307 99,464 124,316 90,883 94,421 117,123 90,628 103.184 120.236 80,931 ...__ -__ 1.016,492
(Off-budget).............25.059 25.452 11.297 25,282 26,478 25,951 25,045 26,773 14.818 25.397 ..... 231.552
Tota1-surplus +)or deficit ()prior
year.......... ........ .....---31.342 -37,242 .-4,803 +15,635 -38,355 -50,543+49,720 -39,553 +12,8 14 -13.579 -137,248
(On-budget).-...............-29,922 -37,381 -20456 +10.152 -40,016, -55,153 +35.542 -42.157 -4.237 =-1 5. 143 -198,770
(Off-budget)..................... -1,420 +138i+15,653 +5,4831 +1,66) +4,610 +14,178 +2,604 +17,051 +1,5041 1__ +61.522

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 July 31, 1996 [$ millions]

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

Receipts Outlays Excess Receipts Outlays Excess Beginning Of Close of
This Year This Month This Month
Trust receipts, outlays, and investments
held:
Airport and airway ............................ 19 541 -522 2,627 5,316 -2,689 11,145 9,049 8,489
Black lung disability ................ ......... 48 44 4 498 453 45 ...... ......
Federal disability insurance ................ 4.522 3,798 724 50,169 36,985 13,184 35,225 47,654 48,491
Federal employees life and health ........... ...... 146 -146 -405 405 23,729 24,306 24,337
Federal employees retirement .... ........... 1,324 3,435 -2,111 42,152 33,484 8,668 374,219 385,464 383,921
Federal hospital insurance ... : .... ... ***'**' 8,240 11,530 -3,290 103,900 106,598 -2,698 129,864 129,890 127,355
Federal old-age and survivors insurance ... 26,620 25,466 1,154 304,671 254,663 50,008 447,947 496,715 498.067
Federal supplementary medical insurance ... 6,356 6,223 133 69,173 57,185 11,988 13,513 24,898 25,286
Hazardous substance superfund ............. 36 129 -94 1,061 1,148 -87 6,181 6,302 6,205
Highways ..................................... 2,953 2,087 866 21,726 18,788 2,938 18,531 20.608 21,240
Military advances .......... ............. 1,929 1,271 657 12,598 11,723 875 ...... I ..... ......
Military retirement ........ ................... 909 2,435 -1,526 30,924 23,971 6,953 112,963 120,724 119,279
Railroad retirement ........................... 584 666 -82 7,583 6,671 911 14,440 16,468 16,772
Unemployment ........ ....................... 1,998 2,138 -140 28,274 22,494 5,781 47,141 53,641 53,132
Veterans life insurance .......... ............ 26 115 -89 1,257 985 272 13,606 13,937 13,876
All other trust ................................. 238 361 -123 2,742 3,203 -460 7,880 8,377 8,439
Total trust fund receipts and outlays
and investments held from Table 6D .......................................... 55,801 60,305 -4,583 679,355 583,262 96,094 1,256,385 1,358,032 1,354,887
Less: Interfund transactions .................... 9,742 9,742 ...... 199,113 199,113 ......
Trust fund receipts and outlays on the basis
of Tables 4 & 5 ............................... 46,059 50,642 -4,583 480.242 384,149 96,094
Total Federal fund receipts and outlays .... 61,466 83,978 -22,513 745,028 943,239 -198,211
Less: Interfund transactions .................. 21 21 ...... 516 516 ......
Federal fund receipts and outlays on the
basis of Table 4 & 5 ......................... 61,445 83,958 -22,513 744,512 942,723 -198,211
Less: Offsetting proprietary receipts ........... 3,691 3,691 ...... 30,438 30,438 ......
Net budget receipts & outlays ............... 103,813 130,909 -27,096 1,194,317 1,296,434 -102,118

... No transactions. Note: Details may not add to totals due to rounding.
Note: Interfund receipts and outlays are transactions between Federal funds and trust funds such as Federal payments and contributions, and interest and profits on investments in Federal securities. They have no net effect on overall budget receipts and outlays since the receipts side of such transactions is offset against budget outlays. In this table, Interfund receipts are shown as an adjustment to arrive at total receipts and outlays of trust funds respectively.






































28






Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, July 1996
and Other Periods
[$ millions)

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

RECEIPTS
Individual income taxes ................. .......................... 49,814 541,640 485,126
Corporation income taxes .................................... ..... 4,975 133,645 121,597
Social insurance taxes and contributions:
Employment taxes and contributions ... ............ 36,946 396,982 376.829
Unemployment insurance ..... ............................. 1,939 24,384 24,189
Other retirement contributions ........ ............ 372 3,724 3,750
Excise taxes ....... ......... ......................... 4,508 44,667 47,023
Estate and gift taxes ......... ........ ....................... 1,259 13,925 11,976
Custom s .................. ....................................... 1,712 15,260 15,872
Miscellaneous ....................... ........ ...................... 2,287 20,090 24,436
Total ......................................................... 103,813 1,194,317 1,110,797

NET OUTLAYS
National defense ... ......... ............. .................... 22,541 220,884 221,951
International affairs ... ........... .................................. 497 11,694 13,165
General science, space, and technology .......................... 1,660 14,732 14.284
Energy ... ... ......................................... ..... 187 2,217 4,165
Natural resources and environment ............. ............ ..... 2,062 19,091 19,298
Agriculture .. ..... ....... .............. ....... .......... ....... 843 5,021 10,327
Commerce and housing credit ..... ............................. -304 -11,215 -18,638
Transportation ........................................... ....... 3,648 31,467 31,478
Community and Regional Development ............................ 959 9,196 9,288
Education, training, employment and social services ............. 3,108 40,683 42,293
Health ............................................................... 10,077 98,512 95,256
Medicare .... .......... ....... ............................ 16,111 144,696 130,584
Income security ........... ......................................... 18,189 191,479 183,220
Social Security ... ........ ............. .................... 29,265 291,305 279,722
Veterans benefits and services ................................... 3,255 30,728 30,151
Administration of justice .............................. ............. 1,989 14,724 13,508
General government ................................................ 53 9,045 11,005
Interest ............. I ............. ........ ...... ............. 20 311 200,447 192,627
Undistributed offsetting receipts ................................... -3,543 -28,273 -35,636
Total ......................................................... 130,909 1,296,434 1,248,045


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- 5. 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 e 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 *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 e 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 9 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 BrLef, 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
-Major 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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