FY 2022 AGENCY FINANCIAL REPORT 100 U.S. DEPARTMENT OF EDUCATION

FINANCIAL SECTION (FISCAL YEAR 2022 UNAUDITED)

Required Supplementary Information (Unaudited)

U.S Department of Education 

Combining Statement of Budgetary Resources 

For the Year Ended September 30, 2022

(Dollars in Millions)

(Unaudited)

Federal Student Aid Office of Elementary and 

Secondary Education

Budgetary

Non-Budgetary Credit 

Reform Financing 

Accounts

Budgetary 

BUDGETARY RESOURCES

Unobligated Balance from Prior Year Budget Authority (Net) (Note 12) $ 20,921 $ 21,923 $ 2,096 

Appropriations (Discretionary and Mandatory) 539,874 2,759 27,183 

Borrowing Authority (Discretionary and Mandatory) (Note 12) - 178,546 - 

Spending Authority from Offsetting Collections (Discretionary and Mandatory) 28 60,322 - 

Total Budgetary Resources $ 560,823 $ 263,550 $ 29,279 

STATUS OF BUDGETARY RESOURCES 

New Obligations and Upward Adjustments (Total) $ 542,540 $ 198,205 $ 27,046 

Unobligated Balance, End of Year:

Apportioned, Unexpired Accounts 14,212 - 2,150 

Unapportioned, Unexpired Accounts 733 65,345 13 

Unexpired Unobligated Balance, End of Year $ 14,945 $ 65,345 $ 2,163 

Expired Unobligated Balance, End of Year 3,338 - 70 

Unobligated Balance, End of Year (Total) $ 18,283 $ 65,345 $ 2,233 

Total Budgetary Resources $ 560,823 $ 263,550 $ 29,279 

OUTLAYS, NET

Outlays, Net (Discretionary and Mandatory) $ 539,829 $ 23,682 

Distributed Offsetting Receipts (-) (Note 12) (28,595) (1) 

Agency Outlays, Net (Discretionary and Mandatory) (Notes 12 and 13) $ 511,234 $ 23,681 

Disbursements, Net (Total) (Mandatory) $ (382,399) 
FY 2022 AGENCY FINANCIAL REPORT 101 U.S. DEPARTMENT OF EDUCATION

FINANCIAL SECTION (FISCAL YEAR 2022 UNAUDITED)

Office of Special Education 

and Rehabilitative Services

Education 

Stabilization Fund Other Combined

Total

Budgetary Budgetary Budgetary

Non-Budgetary 

Credit Reform 

Financing 

Accounts

Budgetary

Non-Budgetary 

Credit Reform 

Financing Accounts

$ 393 $ 18,271 $ 1,450 $ 293 $ 43,131 $ 22,216 $ 65,347 

18,445 (443) 9,416 - 594,475 2,759 597,234 

- - - 171 - 178,717 178,717 

- - 77 271 105 60,593 60,698 

$ 18,838 $ 17,828 $ 10,943 $ 735 $ 637,711 $ 264,285 $ 901,996 

$ 18,401 $ 17,420 $ 9,593 $ 501 $ 615,000 $ 198,706 $ 813,706 

262 385 823 - 17,832 - 17,832 

- - 2 234 748 65,579 66,327 

$ 262 $ 385 $ 825 $ 234 $ 18,580 $ 65,579 $ 84,159 

175 23 525 - 4,131 - 4,131 

$ 437 $ 408 $ 1,350 $ 234 $ 22,711 $ 65,579 $ 88,290 

$ 18,838 $ 17,828 $ 10,943 $ 735 $ 637,711 $ 264,285 $ 901,996

$ 17,974 $ 79,223 $ 7,747 $ 668,455 $ 668,455 

- - (490) (29,086) (29,086)

$ 17,974 $ 79,223 $ 7,257 $ 639,369 $ 639,369 

$ 111 $ (382,288) $ (382,288)
FY 2022 AGENCY FINANCIAL REPORT 102 U.S. DEPARTMENT OF EDUCATION

FINANCIAL SECTION (FISCAL YEAR 2022 UNAUDITED)

U.S. Department of Education 

Combining Statement of Budgetary Resources 

For the Year Ended September 30, 2021

(Dollars in Millions)

(Unaudited)

Federal Student Aid Office of Elementary and 

Secondary Education

Budgetary

Non-Budgetary Credit 

Reform Financing 

Accounts

Budgetary 

BUDGETARY RESOURCES

Unobligated Balance from Prior Year Budget Authority (Net) (Note 12) $ 16,988 $ 20,473 $ 1,999 

Appropriations (Discretionary and Mandatory) 172,332 239 24,760 

Borrowing Authority (Discretionary and Mandatory) (Note 12) - 128,739 - 

Spending Authority from Offsetting Collections (Discretionary and Mandatory) 142 42,050 - 

Total Budgetary Resources $ 189,462 $ 191,501 $ 26,759 

STATUS OF BUDGETARY RESOURCES 

New Obligations and Upward Adjustments (Total) $ 171,476 $ 169,693 $ 24,910 

Unobligated Balance, End of Year:

Apportioned, Unexpired Accounts 14,397 - 1,778 

Unapportioned, Unexpired Accounts 1,930 21,808 - 

Unexpired Unobligated Balance, End of Year $ 16,327 $ 21,808 $ 1,778 

Expired Unobligated Balance, End of Year 1,659 - 71 

Unobligated Balance, End of Year (Total) $ 17,986 $ 21,808 $ 1,849 

Total Budgetary Resources $ 189,462 $ 191,501 $ 26,759 

OUTLAYS, NET

Outlays, Net (Discretionary and Mandatory) $ 170,470 $ 23,027 

Distributed Offsetting Receipts (-) (Note 12) (6,296) (1) 

Agency Outlays, Net (Discretionary and Mandatory) (Notes 12 and 13) $ 164,174 $ 23,026 

Disbursements, Net (Total) (Mandatory) $ (38,680) 
FY 2022 AGENCY FINANCIAL REPORT 103 U.S. DEPARTMENT OF EDUCATION

FINANCIAL SECTION (FISCAL YEAR 2022 UNAUDITED)

Office of Special Education 

and Rehabilitative Services

Education 

Stabilization Fund Other Combined

Total

Budgetary Budgetary Budgetary

Non-Budgetary 

Credit Reform 

Financing 

Accounts

Budgetary

Non-Budgetary 

Credit Reform 

Financing Accounts

$ 346 $ 633 $ 806 $ 177 $ 20,772 $ 20,650 $ 41,422 

21,022 247,839 10,567 - 476,520 239 476,759 

- - - 668 - 129,407 129,407 

- (409) 61 174 (206) 42,224 42,018 

$ 21,368 $ 248,063 $ 11,434 $ 1,019 $ 497,086 $ 192,520 $ 689,606 

$ 20,941 $ 229,884 $ 10,017 $ 575 $ 457,228 $ 170,268 $ 627,496 

220 18,179 1,241 - 35,815 - 35,815 

- - 1 444 1,931 22,252 24,183 

$ 220 $ 18,179 $ 1,242 $ 444 $ 37,746 $ 22,252 $ 59,998 

207 - 175 - 2,112 - 2,112 

$ 427 $ 18,179 $ 1,417 $ 444 $ 39,858 $ 22,252 $ 62,110 

$ 21,368 $ 248,063 $ 11,434 $ 1,019 $ 497,086 $ 192,520 $ 689,606 

$ 15,939 $ 48,614 $ 9,026 $ 267,076 $ 267,076 

- - (328) (6,625) (6,625)

$ 15,939 $ 48,614 $ 8,698 $ 260,451 $ 260,451 

$ (1,201) $ (39,881) $ (39,881)