Page 1 of 78

Guide for Accounting and Reporting of the U.S. Position in the 

International Monetary Fund (IMF) – Quota 

Effective Date Fiscal 2016

Prepared BY: Marilyn Evans

Department of Treasury
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Version 

Number

Date Description of Change

Effective

USSGL TFM

1.0 FY 2017 Original version of the document. Bulletin No. 2017-06

Introduction

The International Monetary Fund (IMF) was established in 1945 with the mission of promoting 

international monetary cooperation and a stable global financial system to facilitate growth in the 

world economy. Since its establishment, IMF purposes have remained unchanged but its 

activities and procedures – focused on surveillance of member economies, financial assistance, 

and technical assistance – have evolved to meet the needs of its member countries in a changing 

world economy.

Quota Subscription with the IMF

The U.S. participates in the IMF, as do other members, through a quota subscription. Each 

country’s quota is based on a set of criteria that relate to various dimensions of its relative size in 

the world economy. Quotas are normally reviewed and possibly adjusted every five years, with 

general increases occurring when necessary for the IMF to have additional liquidity available to 

serve its role in the international monetary system. Increases are generally shared proportionally 

among members and are possible on any basis approved by the majority of its members. The 

quota was last increased in 2016.

Quota subscriptions are made available partly through the transfer of reserve assets, such as 

foreign currencies or Special Drawing Rights (SDR) and partly by making domestic currency 

available as needed through non-interest-bearing irrevocable Letters of Credit (LOC) to the IMF. 

SDR is an international reserve asset created by the IMF. The SDR’s value is determined daily 

by the IMF by weighting the values in U.S. dollars, based on market exchange rates, of a basket 

of major currencies including the U.S. dollar, euro, Chinese renminbi (RMB), pound sterling and 

Japanese yen – as of October 1, 2016. The SDR valuation basket is normally reviewed and 

adjusted every five years.

When member countries make their reserve asset portion of their quota temporarily available to 

the IMF, they are acquiring a liquid interest bearing claim on the IMF in exchange for reserves 

they provide. A member’s reserve position (aka Reserve Tranche Position or RTP) increases 
Page 3 of 78

when the IMF uses that member’s currency to lend to other members, and decreases when 

borrowing members use that currency to make repayments.

Approximately one quarter of one percent of the U.S. quota is maintained in cash balances in an 

operating account managed by the Federal Reserve Bank New York (FRBNY) on behalf of 

Treasury. This account is used by the IMF in conjunction with their loans or other transactions 

with member countries (called Account No. 1). A small amount is maintained in a separate 

account for IMF’s administrative expenses (called Account No. 2). The bulk of the dollar 

holdings are in a LOC, which is issued by Treasury to the IMF and maintained by the FRBNY. 

The LOC is a non-negotiable, non-interest-bearing note payable to the IMF on demand. 

Although the LOC issued to the IMF is irrevocable, Treasury records the LOC in Fund Balance

with Treasury as unexpended appropriations until the IMF draws down the LOC.

U.S. Contributions to the IMF

Effective October 1, 2016, Congress increased the U.S. quota to the IMF. Twenty-five percent 

of the U.S. quota increase included a transfer to Account No. 1 (ultimately increasing the RTP) 

and 75% was an increase (amendment) to the existing LOC. The funding for the U.S. 

contribution was authorized and appropriated by Congress. After which the Secretary of the 

Treasury and Assistant Secretary for International Affairs approved the increase in the U.S. 

quota subscription to the IMF. The appropriated funds were transferred through a warrant to the

Parent (11X0003). A non-expenditure transfer (SF 1151) was then used to move the 

appropriation into the child account (2011X0003).

Lending Activities of the U.S. Quota

Each member designates a fiscal agent to conduct financial transactions with the IMF and a 

depository to maintain the accounts of the IMF (the IMF No. 1 and No. 2 Accounts and the 

Securities Account). Each depository is required to temporarily provide out of the IMF’s 

holdings of the member’s currency, on demand and without delay, sums to any payee named by 

the IMF. The depository also holds for safe custody on behalf of the IMF non-negotiable, noninterest-bearing notes, or similar instruments, issued by the member in substitution for part of the 

IMF’s currency holdings (which are separate and distinct from the liquid, interest bearing claims 

be the U.S. on the IMF discussed further below). The FRBNY is the fiscal agent and depository 

for the U.S. Government, the IMF, and several foreign governments.
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The IMF sends instructions to the FRBNY regarding the amount needed to increase the balance 

in Account No. 1. The IMF also notifies the Office of Fiscal Projections (OFP) within Treasury 

with a copy of the swift fax message sent to FRBNY. 

The FRBNY, under directions from Treasury, monitors Account No. 1 to ensure that the balance 

does not exceed the maximum or fall below the minimum amount requirement. Due to the 2016

IMF quota increase, the minimum/maximum required balance for the Account has increased to 

the range of $290 - $293 million, in order to meet the 1⁄4 of 1 percent of quota balance 

commitment. The range provides for operational flexibility.

A significant decrease in Account No. 1 balance is triggered by a loan request to the IMF from 

another country. The IMF will draw on Account No. 1 through the FRBNY and simultaneously 

increase the U.S. Reserve Position. If the account falls below the minimum, FRBNY decreases 

the LOC (payment voucher) to restore the Account No. 1 balance between the 

minimum/maximum balances. Without regard to the relatively small balance in Account No. 1, 

effectively, the total resources of the quota program do not change from an accounting 

perspective as a result of the IMF’s loans and repayments, only the composition of the elements 

making up the Quota change. The reserve position, including any increases resulting from 

encashment of the LOC, is interest bearing and the Account No. 1 can be drawn on at any time 

payment is needed.

Foreign governments that have borrowing arrangements with the IMF wire repayments to 

Account No. 1 through the FRBNY. These repayments trigger a significant increase in Account 

No. 1 balance and simultaneously reduce the U.S. Reserve Position. A balance above the 

maximum balance would be transferred to the LOC (amendments), and restore the Account No. 

1 balance between the minimum/maximum balances as described above.

Foreign Currency Fluctuations: Annual Maintenance of Value (MOV) Adjustments;

Monthly Currency Valuation Adjustment (CVA) Accruals

Each member of the IMF is obligated to maintain, in terms of the SDR, the value of the balances 

of its currency held by the IMF. This requirement is referred to as the Maintenance of Value 

(MOV) obligation. The inactive domestic currency portion of the U.S. quota – largely held in 

the LOC – is denominated and payable in U.S. Dollars; annual MOV adjustments are made to 

maintain the equivalent SDR value of these holdings which support the total U.S. commitment.

Each month Treasury accrues the MOV adjustments (via the CVA accrual) by using the IMF 

Statement of U.S. Position in the Fund report. This is a monthly report issued by the IMF. 

Treasury determines the change to the currency valuation adjustment accrual by comparing the 

statement’s prior month’s balance with the current month’s balance and recording the difference. 
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The difference is recorded as a payable or a receivable depending upon whether the dollar has 

depreciated or appreciated (i.e. a decrease in the payable balance or going from payable balance 

to a receivable balance will result in a receivable accrual). 

In addition to the impact on the LOC fluctuations in the value of the dollar with respect to the 

SDR result in valuation changes in the U.S. Reserve Position in the IMF. These changes work in 

the opposite direction of the LOC. When the dollar appreciates against the SDR, a valuation loss 

is experienced due to the decrease in the dollar value of the U.S. holdings. When the dollar 

depreciates against the SDR, a valuation gain is experienced due to the increase in the dollar 

value of the U.S. holdings. There are no cash transactions associated with this exchange rate 

driven change in the dollar value of the Reserve Position and there are no net outlays involved to 

reflect the valuation change.

Annual Maintenance of Value (MOV) Settlement

After the close of the IMF fiscal year on April 30th, Treasury adjusts the accrued receivable or 

payable to the actual amount per the IMF year-end report. The Market Room in the Office of

International Affairs reviews the year end Maintenance of Value Adjustment data and uses this 

information to prepare a memorandum for the Fiscal Assistant Secretary. The memo indicates 

that the FRBNY, as a fiscal agent of the United States, must settle the Maintenance of Value 

obligation payable or receivable. The memo includes two attachments for the Fiscal Assistant 

Secretary’s signature. One attachment is a letter with instructions to the FRBNY and the other 

attachment is a letter notifying the IMF Managing Director that the FRBNY has been so 

instructed.

Once the FRBNY receives the memorandum from the Fiscal Assistant Secretary providing them 

instructions concerning the settlement of the Maintenance of Value obligations, they prepare 

either a payment voucher or deposit ticket depending on whether the adjustment is a receivable 

or payable. At this point, the actual face amount of the LOC is changed.
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Proposed New SGL Accounts

Account Title: Other Cash – International Monetary Fund 

Account Number: 119090

Normal Balance: Debit 

Definition: The amount of cash holdings in FRBNY Number 1 and Number 2 accounts. This 

USSGL can only be used by the Department of the Treasury. This account does not close at 

yearend.

Justification: Needed to crosswalk to Edit 994.

Account Title: International Monetary Fund – Letter of Credit

Account Number: 119305

Normal Balance: Credit

Definition: This account is used to record the Letter of Credit for the International Monetary 

Fund. This USSGL can only be used by the Department of the Treasury. This account does not 

close at yearend.

Justification: Breaking out USSGL 119305 for transparency with Table 6 in the MTS and to 

provide additional breakout for the Financial Report of the United States Government.

Account Title: International Monetary Fund – Receivable/Payable Currency Valuation 

Adjustment

Account Number: 119306

Normal Balance: Debit

Definition: This account is used to record the receivable and payable associated with currency 

valuation adjustments as the International Monetary Fund is in SDRs. Although the normal 

balance for this account is debit, it is acceptable for this account to have a credit balance. This 

USSGL can only be used by the Department of the Treasury. This account does not close at 

yearend.

Justification: Breaking out USSGL 119306 for transparency with Table 6 in the MTS and to 

provide additional breakout for the Financial Report of the United States Government.
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Account Title: International Monetary Fund – Dollar Deposits with the IMF

Account Number: 119307

Normal Balance: Credit

Definition: This account is used to record the dollar deposits with IMF. This USSGL can only 

be used by the Department of the Treasury. This account does not close at yearend.

Justification: Breaking out USSGL 119307 for transparency with Table 6 in the MTS and to 

provide additional breakout for the Financial Report of the United States Government.

Account Title: International Monetary Fund – Currency Holdings

Account Number: 119309

Normal Balance: Debit

Definition: This account is used to record currency holdings for the International Monetary 

Fund. This USSGL can only be used by the Department of the Treasury. This account does not 

close at yearend.

Justification: Breaking out USSGL 119309 for transparency with Table 6 in the MTS and to 

provide additional breakout for the Financial Report of the United States Government

Account Title: International Monetary Fund – Reserve Position

Account Number: 119333

Normal Balance: Debit

Definition: This account is used to record the reserve position for the International Monetary 

Fund. This USSGL can only be used by the Department of the Treasury. This account does not 

close at yearend.

Justification: Breaking out USSGL 119333 for transparency with Table 6 in the MTS and to 

provide additional breakout for the Financial Report of the United States Government.
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Account Title: Other Appropriations Realized - International Monetary Fund

Account Number: 411990

Normal Balance: Debit

Definition: The amount of budget authority appropriated for International Monetary Fund to 

cover Maintenance of Value. This USSGL can only be used by the Department of the Treasury. 

Justification: Implementing P.L. 114-113 as this fund has been designated a means of financing 

and will show no Budgetary Resources or Status of Budgetary Resources. This USSGL will not 

crosswalk to the SF 133, Schedule P or Statement of Budgetary Resources. However, it will 

keep the relationship between Proprietary and Budgetary for appropriations received.

Account Title: Other Appropriations Realized - International Monetary Fund – Reserve 

Tranche

Account Number: 411991

Normal Balance: Debit

Definition: The amount of budget authority appropriated for International Monetary Fund as 

specified in the appropriation language for the increase in the reserve tranche position. This 

USSGL can only be used by the Department of the Treasury. 

Justification: Implementing P.L. 114-113 as this fund has been designated a means of financing 

and will show no Budgetary Resources or Status of Budgetary Resources. This USSGL will not 

crosswalk to the SF 133, Schedule P or Statement of Budgetary Resources. However, it will 

keep the relationship between Proprietary and Budgetary for appropriations received. This 

USSGL will crosswalk to the new memo lines associated with International Monetary Funds

Account Title: Other Appropriations Realized - International Monetary Fund – Letter of Credit

Account Number: 411992

Normal Balance: Debit

Definition: The amount of budget authority appropriated for International Monetary Fund as 

specified in the appropriation language for the increase in the letter of credit. This USSGL can 

only be used by the Department of the Treasury. 

Justification: Implementing P.L. 114-113 as this fund has been designated a means of financing 

and will show no Budgetary Resources or Status of Budgetary Resources. This USSGL will not 

crosswalk to the SF 133, Schedule P or Statement of Budgetary Resources. However, it will 

keep the relationship between Proprietary and Budgetary for appropriations received. This 

USSGL will crosswalk to the new memo lines associated with International Monetary Funds
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Account Title: Allocation Transfers of Current-Year Authority for Non-invested Accounts -

International Monetary Fund

Account Number: 417590

Normal Balance: Debit

Definition: The amount of new budget authority transferred between a parent Treasury 

Appropriation Fund Symbol (TAFS) and a receiving TAFS via an accomplished nonexpenditure 

transfer, during the fiscal year, when no investment authority is involved. This USSGL account 

is to be recorded for the International Monetary Fund. Although the normal balance for this 

account is debit, it is acceptable for this account to have a credit balance. This USSGL can only 

be used by the Department of the Treasury. 

Justification: Implementing P.L. 114-113 as this fund has been designated a means of financing 

and will show no Budgetary Resources or Status of Budgetary Resources. This USSGL will not 

crosswalk to the SF 133, Schedule P or Statement of Budgetary Resources. However, it will 

keep the relationship between Proprietary and Budgetary for transfers.

Account Title: Allocation Transfers of Prior-Year Balances - International Monetary Fund

Account Number: 417690

Normal Balance: Debit

Definition: The amount of unobligated prior-year balances transferred between a parent 

Treasury Appropriation Fund Symbol (TAFS) and a receiving TAFS via an accomplished 

nonexpenditure transfer. This USSGL account is to be recorded for International Monetary 

Fund. Although the normal balance for this account is debit, it is acceptable for this account to 

have a credit balance. This USSGL can only be used by the Department of the Treasury. 

Justification: Implementing P.L. 114-113 as this fund has been designated a means of financing 

and will show no Budgetary Resources or Status of Budgetary Resources. This USSGL will not 

crosswalk to the SF 133, Schedule P or Statement of Budgetary Resources. However, it will 

keep the relationship between Proprietary and Budgetary for transfers.
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Account Title: Total Actual Resources - Collected - International Monetary Fund

Account Number: 420190

Normal Balance: Debit

Definition: This account is used at yearend closing to consolidate the total amount of actual 

resources collected from all sources for the International Monetary Fund that does not crosswalk 

to the budgetary reports. This account does not close at yearend. This USSGL can only be used 

by the Department of the Treasury. 

Justification: Implementing P.L. 114-113 as this fund has been designated a means of financing 

and will show no Budgetary Resources or Status of Budgetary Resources. This USSGL will not 

crosswalk to the SF 133, Schedule P or Statement of Budgetary Resources. 

Account Title: Adjustments to the International Monetary Fund

Account Number: 429590

Normal Balance: Debit

Definition: The amount of increase or decrease in International Monetary Fund as a result of 

revaluation and foreign exchange rate adjustments. Although the normal balance in this account 

is a debit, it is acceptable in certain instances for this account to have a credit balance (when a 

loss is recognized).

Justification: Implementing P.L. 114-113 as this fund has been designated a means of financing 

and will show no Budgetary Resources or Status of Budgetary Resources. This USSGL will not 

crosswalk to the SF 133, Schedule P or Statement of Budgetary Resources. 

Account Title: Partial Cancellation of Authority – International Monetary Fund

Account Number: 435190

Normal Balance: Credit

Definition: The amount of no-year appropriation authority that is canceled early by 

administrative action. This USSGL can only be used by the Department of the Treasury. 

Justification: Implementing P.L. 114-113 as this fund has been designated a means of financing 

and will show no Budgetary Resources or Status of Budgetary Resources. This USSGL will not 

crosswalk to the SF 133, Schedule P or Statement of Budgetary Resources. 
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Account Title: Unobligated Funds Exempt From Apportionment - International Monetary Fund

Account Number: 462090

Normal Balance: Credit

Definition: The amount of unobligated budgetary resources in programs exempt from 

apportionment that is available for commitment and obligation for the International Monetary 

Fund. This account does not close at yearend. This account does not close at yearend. This 

USSGL can only be used by the Department of the Treasury. 

Justification: Implementing P.L. 114-113 as this fund has been designated a means of financing 

and will show no Budgetary Resources or Status of Budgetary Resources. This USSGL will not 

crosswalk to the SF 133, Schedule P or Statement of Budgetary Resources. 

Account Title: Other Gains on International Monetary Fund Assets

Account Number: 719090

Normal Balance: Credit

Definition: The gain on assets resulting from valuation changes on International Monetary Fund 

assets. This USSGL can only be used by the Department of the Treasury.

Justification: To be used with the new BETC so that gains will be reflected on MTS Table 5.

Account Title: Other Losses on International Monetary Fund Assets

Account Number: 729090

Normal Balance: Debit

Definition: The losses on assets resulting from valuation changes on International Monetary 

Fund assets. This USSGL can only be used by the Department of the Treasury.

Justification: To be used with the new BETC so that losses will be reflected on MTS Table 5.

Delete SGL Accounts

Account Title: International Monetary Fund Assets - Reserve Position 

Account Number: 119300

Normal Balance: Debit 

Definition: The balance of assets held in the International Monetary Fund excluding holdings of 

Special Drawing Rights. This account does not close at yearend. 
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Listing of USSGL accounts Used in this scenario

Account No Account Titles

Proprietary

101000 Fund Balance with Treasury

119090 Other Cash – International Monetary Fund

119305 International Monetary Fund – Letter of Credit

119306 International Monetary Fund – Receivable/Payable Currency Valuation

119307 International Monetary Fund – Dollar Deposit with the IMF

119309 International Monetary Fund – Currency Holdings

119333 International Monetary Fund – Reserve Position

310000 Unexpended Appropriations – Cumulative

310100 Unexpended Appropriations – Appropriations Received

310200 Unexpended Appropriations – Transfers-In

310300 Unexpended Appropriations – Transfers-Out

331000 Cumulative Results of Operations

719090 Other Gains on International Monetary Fund Assets

729090 Other Losses on International Monetary Fund Assets

Budgetary

411900 Other Appropriations Realized

411990 Other Appropriations Realized – International Monetary Fund

411991 Other Appropriations Realized – International Monetary Fund –

Reserve Tranche

411992 Other Appropriations Realized – International Monetary Fund – Letter 

of Credit

417500 Allocation Transfers of Current-Year Authority for Non-invested 

Accounts

417590 Allocation Transfers of Current-Year Authority for Non-invested 

Accounts – International Monetary Fund

417600 Allocation Transfers of Prior-Year Balances

417690 Allocation Transfers of Prior-Year Balances – International Monetary 

Fund

420100 Total Actual Resources – Collected

420190 Total Actual Resources – Collected – International Monetary Fund

429590 Adjustments to the International Monetary Fund

435190 Partial Cancellation of Authority

445000 Unapportioned Authority

451000 Apportionment

461000 Allotments – Realized Resources

462000 Unobligated Funds Exempt From Apportionment
Page 13 of 78

462090 Unobligated Funds Exempt From Apportionment – International 

Monetary Fund

490200 Delivered Orders – Obligations, Paid

Attribute Table:

USSGL 

Acct.

USSGL Account Title Antici

pated

Budg

/Prop

Norm

Bal

Begin

/End

Debit/

Credit

Auth

Type

Code

Apport

Cat

Apport

Cat B

119090 Other Cash – International Monetary 

Fund

N P D B/E D/C

119305 International Monetary Fund – Letter of 

Credit

N P C B/E D/C

119306 International Monetary Fund –

Receivable/Payable Currency Valuation 

Adjustment

N P D B/E D/C

119307 International Monetary Fund – Dollar 

Deposits with the IMF

N P C B/E D/C

119309 International Monetary Fund – Currency 

Holdings

N P D B/E D/C

119333 International Monetary Fund – Reserve 

Position

N P D B/E D/C

719090 Other Gains on International Monetary 

Fund Assets

N P C E D/C

729090 Other Losses on International Monetary 

Fund Assets

N P D E D/C

411990 Other Appropriations Realized –

International Monetary Fund –

N B D E D/C P

411991 Other Appropriations Realized –

International Monetary Fund – Reserve 

Tranche

N B D E D/C

411992 Other Appropriations Realized –

International Monetary Fund – Letter of 

Credit

N B D E D/C

417590 Allocation Transfers of Current-Year 

Authority for Non-invested Accounts –

International Monetary Fund

N B D E D/C P/S

417690 Allocation Transfers of Prior Year 

Balances – International Monetary Fund

N B D E D/C P/S

420190 Total Actual Resources – Collected –

International Monetary Fund

N B D B/E D/C

429590 Adjustments to the International 

Monetary Fund

N B D B/E D/C

435190 Partial Cancellation of Authority –

International Monetary Fund

N B C E D/D

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary 

Fund

N B D B/E D/C
Page 14 of 78

USSGL 

Acct.

Avail

Time

BEA

Cat

Budgetary

Impact

Indicator

Cohort

Yr

Cust/

Noncust

Exch/

Nonexch

Fed/

NonFed

Trading

Ptnr

Trading

Pntr

Main

PY

Adj

Program

Indicator

119090

119305

119306

119307

119309

119333

719090 D/E X/T

729090 D/E X/T

411990 B/P/X

411991 B/P/X

411992 B/P/X

417590 F XXX XXX B/P/X

417690 F XXX XXX B/P/X

420190 P/X

429590 P/X

435190 B/P/X

462090 B/P/X

USSGL 

Acct.

Program

Rpt Cat

Reimb

Flag

Year

of BA

Reduction

Type

Fund

Type

Reporting

Type Code

Financing

Account

Code

TAS

Status

Trans

Code

119090 EG U N U N

119305 EG U N U N

119306 EG U N U N

119307 EG U N U N

119309 EG U N U N

119333 EG U N U N

719090 EG U N U N

729090 EG U N U N

411990 EG U N U N

411991 EG U N U N

411992 EG U N U N

417590 EG U N U N

417690 EG U N U N

420190 EG U N U N

429590 EG U N U N

435190 EG U N U N

462090 EG U N U N
Page 15 of 78

USSGL 

Account

SF 

133 P&F

Bal 

Sheet

Stmt of 

Net Cost

Stmt of 

Changes in 

Net Pos

Stmt of 

Cust 

Activ

Stmt 

of 

Budg

Res Reclass Stmts

119090 N/A N/A Line 7 N/A N/A N/A N/A BS line 2.1

119305 N/A N/A Line 7 N/A N/A N/A N/A BS line 2.1

119306 N/A N/A Line 7 N/A N/A N/A N/A BS line 2.1

119307 N/A N/A Line 7 N/A N/A N/A N/A BS line 2.1

119306 N/A N/A Line 7 N/A N/A N/A N/A BS line 2.1

119333 N/A N/A Line 7 N/A N/A N/A N/A BS line 2.1

719090

N/A N/A Line 33 X – Line 2

T/D – Line 9

T/E – Line 13 N/A N/A

BS – Line 9.2

SNC – X Line ll

SCNP – T –

Line 5.7

729090

N/A N/A Line 33 X – Line 1

T/D – Line 9

T/E – Line 13 N/A N/A

BS – Line 9.2

SNC – X Line 2

SCNP – T –

Line 5.7

411990 N/A N/A N/A N/A N/A N/A N/A N/A

411991 N/A 5110 N/A N/A N/A N/A N/A N/A

411992 N/A 5111 N/A N/A N/A N/A N/A N/A

417590 N/A N/A N/A N/A N/A N/A N/A N/A

417690 N/A N/A N/A N/A N/A N/A N/A N/A

420190 N/A N/A N/A N/A N/A N/A N/A N/A

429590 N/A N/A N/A N/A N/A N/A N/A N/A

435190 N/A N/A N/A N/A N/A N/A N/A N/A

462090 N/A N/A N/A N/A N/A N/A N/A N/A
Page 16 of 78

Beginning Balance Trial Balance FY 2016 for 020011X0003 (Parent has zero balance)

Debit Credit

Proprietary

101000 (G 099) Fund Balance with Treasury 43,912,819,888.99

119000 (N) Other Cash 149,191,236.20

119305 International Monetary Fund Assets – Letter 

of Credit

43,912,819,888.98

119306 International Monetary Fund –

Receivable/Payable Currency Valuation Adjustment

82,087,080.90

119307 International Monetary Fund – Dollar Deposit 

with the IMF

149,191,236.20

119309 International Monetary Fund – Currency 

Holdings

43,956,624,336.56

119333 International Monetary Fund – Reserve 

Position

8,191,160,920.01

310000 Unexpended Appropriations 43,912,819,888.99

331000 Cumulative Results of Operations 8,317,052,448.49

TOTAL 96,291,883,462.66 96,291,883,462.66

Budgetary

420190 Total Actual Resources – Collected –

International Monetary Fund

52,229,872,337.48

462090 Unobligated Funds Exempt from 

Apportionment – International Monetary Fund

52,229,872,337.48

TOTAL 52,229,872,337.48 52,229,872,337.48
Page 17 of 78

1. (Parent) To record warrant for present value adjustments of the International Monetary Fund 

assets (based on Public Law when Quota is increased). (TC A104). The request for warrant and 

actual warrant provided below this posting.

11X0003 Debit Credit

Budgetary

411900 Other Appropriations Realized 

Authority Type – P (Appropriations)

BEA – D (Discretionary)

PYA – X (Current Year)

445000 Unapportioned Authority

PYA – X (Current Year)

Reimb Flag – D (Direct)

Proprietary

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

310100 Unexpended Appropriations –

 Appropriations Received

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

145,430,113.00

145,430,113.00

145,430,113.00

145,430,113.00

Request for Warrant

IMF 11 0003 X Memo 

(01.27.16) Present Va 

Warrant

11X0003 145M.pdf
Page 18 of 78

2. (Parent) To record budget authority apportioned by OMB and available for allotment. The 

only time an apportionment is done for IMF is for Present Value increases to the fund due to 

Public Law. Any other adjustments (i.e. currency valuation changes) do not require an 

apportionment. (TC A116)

11X0003 Debit Credit

Budgetary

445000 Unapportioned Authority 

PYA – X (Current Year)

Reimb. Flag – D (Direct)

451000 Apportionment

Avail Time – A (Available in Current Period)

PYA – X (Current Year)

Proprietary

None

145,430,113.00

145,430,113.00

3. (Parent) To record the allotment of authority. (TC A120)

11X0003 Debit Credit

Budgetary

451000 Apportionment 

PYA – X (Current Year)

Reimb. Flag – D (Direct)

461000 Allotments – Realized Resources 

Avail Time – A (Available in Current Period)

PYA – X (Current Year)

Proprietary

None

145,430,113.00

145,430,113.00
Page 19 of 78

4 (Parent). To record the transfer-out of unobligated unexpired authority to the child account via 

SF 1151 Nonexpenditure Transfer Authorization. (TC A404) Actual Nonexpenditure Transfer 

Authorization is provided below this posting.

11X0003 Debit Credit

Budgetary

461000 Allotments – Realized Resources 

A Avail Time – A (Available in Current Period)

PYA – X (Current Year)

417500 Allocation Transfers of CurrentYear Authority for Noninvested Accounts

Authority Type – P (Appropriations)

BEA – D (Discretionary)

Fed/Non-Fed – F (Federal)

Trading Partner – 020 (Treasury)

Trading Partner Main – 0003 (IMF Quota)

PYA Adj – X (Current Year)

Proprietary

310300 Unexpended Appropriations – TransfersOut

Fed/Non-Fed – F (Federal)

Trading Partner – 020 (Treasury)

Trading Partner Main – 0003 (IMF Quota)

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

145,430,113.00

145,430,113.00

145,430,113.00

145,430,113.00

Nonexpenditure Transfer

11X003 NET 

145M.pdf
Page 20 of 78

4a (Child). To record the transfer-in of unobligated unexpired authority from the parent account 

via SF 1151 Nonexpenditure Transfer Authorization. (TC A448) 

2011X0003 Debit Credit

Budgetary

417500 Allocation Transfers of Current-Year 

Authority for Noninvested Accounts 

Authority Type – P (Appropriations)

BEA – D (Discretionary)

Fed/Non-Fed – F (Federal)

Trading Partner – 011 (EOP)

Trading Partner Main – 0003 (IMF Quota)

PYA Adj – X (Current Year)

445000 Unapportioned Authority

PYA – X (Current Year)

Reimb Flag – D (Direct)

Proprietary

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund 

310200 Unexpended Appropriations –

Transfers-In

Fed/Non-Fed – F (Federal)

Trading Partner – 011 (EOP)

Trading Partner Main – 0003 (IMF Quota)

145,430,113.00

145,430,113.00

145,430,113.00

145,430,113.00

4b (Child). To record budget authority apportioned by OMB and available for allotment. (TC 

A116)

2011X0003 Debit Credit

Budgetary

445000 Unapportioned Authority 

PYA – X (Current Year)

Reimb. Flag – D (Direct)

451000 Apportionment

Avail Time – A (Available in Current Period)

PYA – X (Current Year)

Proprietary

None

145,430,113.00

145,430,113.00
Page 21 of 78

4c (Child). To record the allotment of authority. (TC A120)

2011X0003 Debit Credit

Budgetary

451000 Apportionment 

PYA – X (Current Year)

Reimb. Flag – D (Direct)

461000 Allotments – Realized Resources 

Avail Time – A (Available in Current Period)

PYA – X (Current Year)

Proprietary

None

145,430,113.00

145,430,113.00

5 (Child). To record the present value cost. This will cause a reconciliation difference between 

Treasury and IMF. The credit in 119306 is a contra account balance and serves as an allowance 

for future loss claims. (TC XXXX) (224 subclass 10 – USSGL 729090 and 224 subclass 06 

USSGL 119306)

2011X0003 Debit Credit

Budgetary

461000 Allotments – Realized Resources

Avail Time – A (Available in Current Period)

PYA – X (Current Year)

490200 Delivered Orders – Obligations, 

Paid

Apport Cat - B

Apport Cat B – 6011

BEA Cat – D (Discretionary)

PYA – X (Current Year)

Pgm Rpt Cat – 99 (All Other Programs)

Reimb Flag – D (Direct)

Year of BA – NEW 

Proprietary

729090 Losses on International Monetary Fund 

Assets

Budgetary Impact – D 

Exch/Nonexch – X (Exchange)

Fed/Non-Fed – N (Non-Federal)

Program Indicator – P (Assigned to Programs)

119306 International Monetary Fund –

Receivable/Payable Currency Valuation 

Adjustment

145,430,113.00

145,430,113.00

145,430,113.00

145,430,113.00
Page 22 of 78

6. (Parent) To record warrant for Quota increase in the International Monetary Fund assets 

(based Public Law when Quota is increased in SDRs). (TC XXXX) Note: There are generally 

two warrants done. To ensure that enough funds are available at the time of disbursement, 

an initial warrant is requested a couple weeks prior to the funding date. This allows time to 

havethe paperwork completed and approved and to increase the Fund Balance with Treasury. 

Since the requirement is to fund 25%, this initial request is sufficient to make the 

disbursement. Later, a second warrant is requested to true-up the Fund Balance with 

Treasury to the actual exchange rate used on the funding date. 

11X0003 Debit Credit

Budgetary

411991 Other Appropriations Realized -

International Monetary Fund – Reserve Tranche

Authority Type – P (Appropriations)

PYA – X (Current Year)

411992 Other Appropriations Realized –

International Monetary Fund – Letter of Credit

Authority Type – P (Appropriations)

PYA – X (Current Year)

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary 

Fund

PYA – X (Current Year)

Proprietary

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

310100 Unexpended Appropriations –

 Appropriations Received

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

15,000,000,000.00

45,000,000,000.00

60,000,000,000.00

60,000,000,000.00

60,000,000,000.00
Page 23 of 78

Below are actual documents used for the increase in FY 2016 whereas the posting logic above is 

illustrative.

Request for the warrant

IMF 11 0003 X Memo 

(02.01.16) Increase i 

Warrant

11X003 63B 

Warrant.pdf

Nonexpenditure Transfer

11X003 NET 63B.pdf
Page 24 of 78

7 (Parent). To record the transfer-out of unobligated unexpired authority to the child account via 

SF 1151 Nonexpenditure Transfer Authorization (Example A). (TC XXXX) 

11X0003 Debit Credit

Budgetary

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary Fund

PYA – X (Current Year)

417590 Allocation Transfers of CurrentYear Authority for Noninvested Accounts –

International Monetary Fund

Authority Type – P (Appropriations)

Fed/Non-Fed – F (Federal)

Trading Partner – 020 (Treasury)

Trading Partner Main – 0003 (IMF Quota)

PYA Adj – X (Current Year)

Proprietary

310300 Unexpended Appropriations – TransfersOut

Fed/Non-Fed – F (Federal)

Trading Partner – 020 (Treasury)

Trading Partner Main – 0003 (IMF Quota)

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

60,000,000,000.00

60,000,000,000.00

60,000,000,000.00

60,000,000,000.00
Page 25 of 78

8a (Child). To record the transfer-in of unobligated unexpired authority from the parent account 

via SF 1151 Nonexpenditure Transfer Authorization. (TC XXXX) 

2011X0003 Debit Credit

Budgetary

417590 Allocation Transfers of Current-Year 

Authority for Noninvested Accounts – International 

Monetary Fund

Authority Type – P (Appropriations)

Fed/Non-Fed – F (Federal)

Trading Partner – 011 (EOP)

Trading Partner Main – 0003 (IMF Quota)

PYA Adj – X (Current Year)

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary 

Fund

PYA – X (Current Year)

Proprietary

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund 

310200 Unexpended Appropriations –

Transfers-In

Fed/Non-Fed – F (Federal)

Trading Partner – 011 (EOP)

Trading Partner Main – 0003 (IMF Quota)

60,000,000,000.00

60,000,000,000.00

60,000,000,000.00

60,000,000,000.00
Page 26 of 78

9 (Child). To record the increase to the Letter of Credit. (TC XXXX) (224 subclass 01 –

USGL 119309 and 224 subclass 05 – USSGL 119305)

2011X0003 Debit Credit

Budgetary

None

Proprietary

119309 International Monetary Fund – Currency 

Holdings

119305 International Monetary Fund –

Letter of Credit 

60,000,000,000.00

60,000,000,000.00
Page 27 of 78

10 (Child). To record the 25 percent to movement to decrease to the Letter of Credit that is 

moved to FRBNY Account No. 1. (TC XXXX) (224 subclass 05 – USSGL 119305) Due to the 

large amount, Fiscal Service Cash Forecasting needs to be notified by FS Form 187 (Agency 

Report for Treasury Cash Forecasting Advance Notice of Large Deposits or Payments of $50 

Million or More) per Treasury Financial Manual, Volume 1, Part 6, Chapter 8500

2011X0003 Debit Credit

Budgetary

None

Proprietary

119305 International Monetary Fund – Letter of 

Credit

119333 International Monetary Fund – Reserve 

Position

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund 

119309 International Monetary Fund –

Currency Holdings

45,000,000,000.00

45,000,000,000.00

45,000,000,000.00

45,000,000,000.00

Below is the actual completed FS 187 that was done in FY 2016 as the above posting logic is 

illustrative. The excel file shows where Member Countries paid their increase in U.S. Dollars.

FS Form 187.pdf

Attachment for FS 

187 Account Informat 
Page 28 of 78

Below is the Daily Treasury Statement, Withdrawals column, under Other Withdrawals: 

International Monetary Fund for Thursday, February 11, 2016. You will notice that the Fiscal 

Year to Date is a different amount. The reason is if the transaction is greater than $50 million, 

the Fiscal Year to Date picks up all the transactions.

02112016 

viewDTSFiles.pdf

11 (Child). To record the monthly activity – payment vouchers. (TC XXXX) (224 subclass 05 

– USSGL 119305)

2011X0003 Debit Credit

Budgetary

None

Proprietary

119305 International Monetary Fund – Letter of 

Credit

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund 

312,000,000.00

312,000,000.00

12 (Child). To record the monthly activity – amendments. (TC XXXX) (224 subclass 05 –

USSGL 119305)

2011X0003 Debit Credit

Budgetary

None

Proprietary

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund 

119305 International Monetary Fund –

Letter of Credit 

11,000,000.00

11,000,000.00
Page 29 of 78

13 (Child). To record the monthly activity – Reserve Position (Decrease). (TC XXXX) 

2011X0003 Debit Credit

Budgetary

None

Proprietary

119309 International Monetary Fund – Currency 

Holdings

119333 International Monetary Fund –

Reserve Position 

50,000,000.00

50,000,000.00

14 (Child). To record the monthly activity – Reserve Position (Increase). (TC XXXX) 

2011X0003 Debit Credit

Budgetary

None

Proprietary

119333 International Monetary Fund – Reserve 

Position 

119309 International Monetary Fund –

Currency Holdings

40,000,000.00

40,000,000.00

15 (Child). To record the monthly activity – Currency (Increase). (TC XXXX) (224 subclass 

04 – USSGL 11990 and 224 subclass 07 – USSGL 119307)

2011X0003 Debit Credit

Budgetary

None

Proprietary

119090 Other Cash – International Monetary Fund

Fed/Non-Fed – N (Non-Federal)

119307 International Monetary Fund –

Deposits with the IMF 

40,000,000.00

40,000,000.00
Page 30 of 78

16 (Child). To record the monthly activity – Currency (Decrease). (TC XXXX) (224 subclass 

07 – USSGL 119307 and 224 subclass 04 USSGL 119090.)

2011X0003 Debit Credit

Budgetary

None

Proprietary

119307 International Monetary Fund – Deposits 

with the IMF 

119090 Other Cash – International 

Monetary Fund

Fed/Non-Fed – N (Non-Federal)

10,000,000.00

10,000,000.00

17 (Child). To record the monthly activity – Quota (Increase due to CVA). (TC XXXX) (224 

subclass 09 – USSGL 119309 and 224 subclass 06 – USSGL 119306)

2011X0003 Debit Credit

Budgetary

None

Proprietary

119309 International Monetary Fund – Currency 

Holdings 

119306 International Monetary Fund –

Receivable/Payable Currency Valuation 

Adjustment

410,000,000.00

410,000,000.00

18 (Child). To record the monthly activity – Quota (Decrease due to CVA). (TC XXXX) (224 

subclass 06 – USSGL 119306 and 224 subclass 09 – USSGL 119309)

2011X0003 Debit Credit

Budgetary

None

Proprietary

119306 International Monetary Fund –

Receivable/Payable Currency Valuation 

Adjustment

119309 International Monetary Fund –

Currency Holdings 

375,000,000.00

375,000,000.00
Page 31 of 78

19 (Child). To record the monthly activity – Quota (Gain) (TC XXXX) (224 subclass 09 –

USSGL 119309 and 224 subclass 18 – USSGL 719090)

2011X0003 Debit Credit

Budgetary

429590 Adjustments to the International Monetary 

Fund

PYA – X (Current Year)

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary 

Fund

PYA – X (Current Year)

Proprietary

119309 International Monetary Fund – Currency 

Holdings 

719090 Other Gains on International 

Monetary Fund Assets

Budgetary Impact Indicator – E (Non-Budgetary 

Impact)

Exch/Nonexch – T (Non-exchange)

Fed/Non-Fed – N (Non-Federal)

Program Indicator – P (Assigned to Programs)

90,000,000.00

90,000,000.00

90,000,000.00

90,000,000
Page 32 of 78

20 (Child). To record the monthly activity – Quota ( Loss) (TC XXXX) (224 subclass 18 –

USSGL 729090 and 224 subclass 09 – USSGL 119309)

2011X0003 Debit Credit

Budgetary

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary Fund

PYA – X (Current Year)

429590 Adjustments to the International 

Monetary Fund

PYA – X (Current Year)

Proprietary

729090 Other Losses on International 

Monetary Fund Assets 

Budgetary Impact Indicator – E (Non-Budgetary 

Impact)

Exch/Nonexch – T (Non-exchange)

Fed/Non-Fed – N (Non-Federal)

Program Indicator – P (Assigned to Programs)

119309 International Monetary Fund –

Currency Holdings 

75,000,000.00

75,000,000.00

75,000,000.00

75,000,000,000
Page 33 of 78

21. IMF issues their annual financial statements as of April 30th each year. At this time, the 

maintenance of value adjustment is settled between the IMF and UST. The IMF assets are in 

SDRs which is a basket of five different currencies. When there is an increase (Treasury needs 

more US dollars to satisfy the SDR equivalents), Treasury will request a warrant for this amount. 

This request is requested in a different TAS (11X0004 Maintenance of Value Adjustment, IMF). 

For President’s Budget presentation, 11X0004 is part of 184-60-0003 (TC XXXX). For when 

the maintenance of value adjustment is a decrease, see Part II.

11X0004 Debit Credit

Budgetary

411990 Other Appropriations Realized -

International Monetary Fund

Authority Type – P (Appropriations)

PYA – X (Current Year)

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary 

Fund

PYA – X (Current Year)

Proprietary

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

310100 Unexpended Appropriations –

 Appropriations Received

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

1,183,290,613.25

1,183,290,613.25

1,183,290,613.25

1,183,290,613.25
Page 34 of 78

The below is the supporting documentation for the Maintenance of Value (MOV), request for the 

warrant and warrant for the above posting logic.

FY 2016 IMF MOV Signed Package – Approving the MOV Settlement with IMF

IMF MOV Signed 

Package 2016_08_24

Memo Requesting the Warrant in 11X0004

IMF 11 0004 X Memo 

(08.26.16) Warrant I 

Warrant

11X004 WAR 

1.1B.pdf
Page 35 of 78

22. To record the transfer-out of maintenance of value adjustment from 11X0004 to 11X0003 

via SF 1151 Nonexpenditure Transfer Authorization. (TC XXXX) 

11X0004 Debit Credit

Budgetary

462090 Unobligated Funds Exempt From

Apportionment – International Monetary Fund

PYA – X (Current Year)

417590 Allocation Transfers of CurrentYear Authority for Noninvested Accounts –

International Monetary Fund

Authority Type – P (Appropriations)

Fed/Non-Fed – F (Federal)

Trading Partner – 011 (EOP)

Trading Partner Main – 0003 (IMF Quota)

PYA Adj – X (Current Year)

Proprietary

310300 Unexpended Appropriations – TransfersOut

Fed/Non-Fed – F (Federal)

Trading Partner – 011 (Treasury)

Trading Partner Main – 0003 (IMF Quota)

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

1,183,290,613.25

1,183,290,613.25

1,183,290,613.25

1,183,290,613.25

Nonexpenditure Transfer from 11X0004 to 11X0003

11X004 NET 

1.1B.pdf
Page 36 of 78

23a (Parent). To record the transfer-in of maintenance of value adjustment from 11X0004 to 

11X0003 via SF 1151 Nonexpenditure Transfer Authorization. (TC XXXX)

11X0003 Debit Credit

Budgetary

417590 Allocation Transfers of Current-Year 

Authority for Noninvested Accounts – International 

Monetary Fund

Authority Type – P (Appropriations)

Fed/Non-Fed – F (Federal)

Trading Partner – 011 (EOP)

Trading Partner Main – 0004 (IMF Quota)

PYA Adj – X (Current Year)

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary 

Fund

PYA – X (Current Year)

Proprietary

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund 

310200 Unexpended Appropriations –

Transfers-In

Fed/Non-Fed – F (Federal)

Trading Partner – 011 (EOP)

Trading Partner Main – 0004 (IMF Quota)

1,183,290,613.25

1,183,290,613.25

1,183,290,613.25

1,183,290,613.25
Page 37 of 78

23b (Parent). To record the transfer-out of maintenance of value adjustment to 2011X0003 via 

SF 1151 Nonexpenditure Transfer Authorization. (TC XXXX)

11X0003 Debit Credit

Budgetary

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary Fund 

PYA – X (Current Year)

417590 Allocation Transfers of CurrentYear Authority for Noninvested Accounts –

International Monetary Fund

Authority Type – P (Appropriations)

Fed/Non-Fed – F (Federal)

Trading Partner – 020 (Treasury)

Trading Partner Main – 0003 (IMF Quota)

PYA Adj – X (Current Year)

Proprietary

310300 Unexpended Appropriations – TransfersOut

Fed/Non-Fed – F (Federal)

Trading Partner – 020 (Treasury)

Trading Partner Main – 0003 (IMF Quota)

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

1,183,290,613.25

1,183,290,613.25

1,183,290,613.25

1,183,290,613.25
Page 38 of 78

23c (Child). To record the transfer-in of maintenance of value adjustment from 11X0003 via SF 

1151 Nonexpenditure Transfer Authorization. (TC XXXX) 

2011X0003 Debit Credit

Budgetary

417590 Allocation Transfers of Current-Year 

Authority for Noninvested Accounts - International 

Monetary Fund

Authority Type – P (Appropriations)

Fed/Non-Fed – F (Federal)

Trading Partner – 011 (EOP)

Trading Partner Main – 0003 (IMF Quota)

PYA Adj – X (Current Year)

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary 

Fund

PYA – X (Current Year)

Proprietary

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund 

310200 Unexpended Appropriations –

Transfers-In

Fed/Non-Fed – F (Federal)

Trading Partner – 011 (EOP)

Trading Partner Main – 0003 (IMF Quota)

1,183,290,613.25

1,183,290,613.25

1,183,290,613.25

1,183,290,613.25
Page 39 of 78

23d (Child). To record the Amendment to Letter of Credit for Maintenance of Value due IMF. 

(TC XXXX) (224 Subclass 06 – USSGL 119306 and 224 subclass 05 – USSGL 119305)

2011X0003 Debit Credit

Budgetary

None

Proprietary

119306 International Monetary Fund –

Receivable/Payable Currency Valuation

119305 International Monetary Fund –

Letter of Credit

1,183,290,613.25

1,183,290,613.25

224/RT7/USSGL Matrix for IMF Quota

224 

Subclass

Subclass Title RT7 Business Line USSGL Old CSGL New CSGL

01 Direct Quota 961 Reserve Position 119309 20A1410 81140001

09 Maintenance of 

Value Adjustment

961 Reserve Position 119309 20A1411 81150001

04 Dollar Deposits Miscellaneous 119090 20A1423 81700001

05 Letter of Credit 961 Reserve Position 119305 20A1416 81160001

06 Receivable/Payable 

for Currency 

Valuation 

Adjustment

961 Reserve Position 119306 20A1418 81170001

07 Dollar Deposits 

with IMF

961 Reserve Position 119307 20A1422 81180001

18 Quota FX rate 

changes

961 Miscellaneous 719090

729090

N/A 87100001

(has not been established i 

GL yet
Page 40 of 78

Subclass 1

Transaction Column 2 Column 3

MTS Table 

& Line MTS Line Titles

9

 

60,000,000,000.00 6 8114

Direct Quota 

Payments

 

- 60,000,000,000.00

Subclass 4

Transaction Column 2 Column 3

15 40,000,000.00

16 (10,000,000.00)

 

 

30,000,000.00 

Subclass 5

Transaction Column 2 Column 3

9 (60,000,000,000.00) 6 8116 Letter of Credit

10 15,000,000,000.00 6 8116 Letter of Credit

12 11,000,000.00 6 8116 Letter of Credit

23d 1,183,290,613.25

1,1,94,290,613.24 -45,000,000,000.00

Subclass 5 ALC 20019701

Transaction Column 2 Column 3

11

 

0.00 312,000,000.00 6 8116 Letter of Credit

312,000,000.00

Subclass 6

Transaction Column 2 Column 3

5 (145,430,113.00) 6 8117

REC/PAY FOR 

INTERIM MOV 

Adjustments

18 375,000,000.00 6 8117 

REC/PAY FOR 

INTERIM MOV 

Adjustments
Page 41 of 78

17 (410,000,000.00) 6 8117

REC/PAY FOR 

INTERIM MOV 

Adjustments

23d 1,183,290,613.25 6 8117 

REC/PAY FOR 

INTERIM MOV 

Adjustments

 

- 1,003,160,500.25

Subclass 7

Transaction Column 2 Column 3

15 (40,000,000.00) 6 8118

Dollar Deposits 

with IMF

16 10,000,000.00 6 8118

Dollar Deposits 

With IMF

 

 

-30,000,000.00 

Subclass 09

Transaction Column 2 Column 3

18 (375,000,000.00) 6 8115 

MOV 

Adjustments

17 410,000,000.00 6 8115

MOV 

Adjustments

19 90,000,000.00 6 8115

MOV 

Adjustments

20 (75,000,000.00) 6 8115

MOV 

Adjustments

 

- 

 -

50,000,000.00

Subclass 10

Transaction Column 2 Column 3

5 145,430,113.00 5 4373 Outlays

 

- 145,430,113.00

Subclass 18

Transaction Column 2 Column 3

19 (90,000,000.00) 
Page 42 of 78

20 75,000,000.00

(15,000,000.00)

SF-224 STATEMENT OF TRANSACTIONS

DEPT. OR AGENCY Contact: AGENCY LOCATION CODE

TREASURY Jeffrey Nester 202-XXX-XXXX 20-01-0099

BUREAU OR OFFICE Jeffrey.Nester@treasury.gov ACCOUNTING PERIOD 

IMF November 2017

SECTION I - Classification of Disbur. and Collections by Appro., Fund and Receipt Account

Appro. Fund or Receipts and Revolving Net Disbursements

Receipt Account Fund Repayments

(1) (2) (3)

(01)20-11X0003 60,000,000,000.00

(04)20-11X0003 30,000,000.00

(05)20-11X0003 (45,000,000,000.00)

(05)20-11X0003 1,194,290,613.25

(06)20-11X0003 1,003,160,500.25

(07)20-11X0003 (30,000,000.00)

(09)20-11X0003 50,000,000.00

(10)20-11X0003 145,430,113.00

(18)20-11X0003 (15,000,000.00)

 COLUMNAR TOTALS.......

NET TOTAL SECTION I (Column 3 minus column2) ........................ 1,194,290,613.25 16,183,590,613.25

14,989,300,000.00

 Section II - Control Totals of Disbursements and Collections Classified in Section I

 1. ADD: Payment Transaction (Net) Classified in Section I, Accomplished by
Page 43 of 78

 Disbursing Office in:

15,000,000,000.00

This Month Prior Month 

 15,000,000,000.00 

 2. DEDUCT: Collections Received This Month (net) and Classified in Section I.....

 3. NET TOTAL, SECTION II (MUST AGREE WITH NET TOTAL OF SECTION I)..... 14,989,300.00.00

SECTION III- Status of Collections

 1. Balance of Undeposited Collections, Close of

 Preceding Month..................................................................................................

 2. ADD: Collections Received This Month (Same as Section II, Item 2).................. 11,000,000.00

 3. DEDUCT: Deposits Presented or Mailed to Bank In:

This Month 11,000,000.00 Prior Month 

11,000,000.00

 4. NET TOTAL, SECTION III – Balance of Undeposited Collections,

 Close of Month.................. 00.00

DATE SIGNATURE AND TITL
Page 44 of 78

SF-224 STATEMENT OF TRANSACTIONS

DEPT. OR AGENCY Contact: AGENCY LOCATION CODE

TREASURY Jeffrey Nester 202-XXX-XXXX 20-01-9701

BUREAU OR OFFICE Jeffrey.Nester@treasury.gov ACCOUNTING PERIOD 

IMF November 2017

SECTION I - Classification of Disbur. and Collections by Appro., Fund and Receipt Account

Appro. Fund or Receipts and Revolving Net Disbursements

Receipt Account Fund Repayments

(1) (2) (3)

 (05)20-11X0003 312,000,000.00

 COLUMNAR TOTALS.......

NET TOTAL SECTION I (Column 3 minus column2) ........................... 312,000,000.00

 Section II - Control Totals of Disbursements and Collections Classified in Section I

 1. ADD: Payment Transaction (Net) Classified in Section I, Accomplished by

 Disbursing Office in:

312,000,000.00

This Month 312,000,000.00 Prior Month 

 

 2. DEDUCT: Collections Received This Month (net) and Classified in Section I.....

 3. NET TOTAL, SECTION II (MUST AGREE WITH NET TOTAL OF SECTION I)..... 312,000,000.00

SECTION III- Status of Collections
Page 45 of 78

 1. Balance of Undeposited Collections, Close of

 Preceding Month..................................................................................................

 2. ADD: Collections Received This Month (Same as Section II, Item 2).................. 0.00

 3. DEDUCT: Deposits Presented or Mailed to Bank In:

This Month 0.00 Prior Month 

0.00

 4. NET TOTAL, SECTION III – Balance of Undeposited Collections,

 Close of Month.................. 00.00

DATE SIGNATURE AND TITL
Page 46 of 78

Monthly Treasury Statement

Table 5

Outlays of the U.S. Government

November 2017 and Other Periods

Classification

Gross

Outlays

Applica

ble

Receipt

s Outlays

Gross

Outlays

Applicable

Receipts Outlays

Gross

Outlays

Applicable

Receipts Outlays

International 

Assistance 

Programs:

International 

Monetary 

Programs 145,430,113.00 0.00 145,430,113.00 145,430,113.00 0.00 145,430,113.00 0.00 0.00 0.00

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

Table 6

Means of Financing the Deficit or Disposition of Surplus

Nov 2017 and Other Periods

MTS Line Code TITLE

NET 

TRANSACTIONS 

THIS MONTH

NET TRANSACTIONS 

FISCAL YEAR TO 

DATE THIS YEAR

NET TRANSACTIONS 

PRIOR FISCAL YEAR 

TO DATE

ACCOUNT 

BALANCES 

BEGINNING OF 

THIS FISCAL 

ACCOUNT BALANCES 

BEGINNING OF THIS 

MONTH

ACCOUNT BALANCES 

CLOSE OF THIS MONTH

9510

DIRECT QUOTA 

PAYMENTS 60,000,000,000 60,000,000,000 0.00 0.00 60,000,000,000.00

9511

MAINTENANCE OF 

VALUE 

ADJUSTMENTS -20,000,000.00 -20,000,000.00 0.00 0.00 -20,000,000.00

9512

LETTER OF CREDIT 

ISSUED TO IMF -46484290613 -46,484,290,613.25 0.00 0.00 -46,484,290,613.25

9513

DOLLAR DEPOSITS 

WITH THE IMF -30,000,000.00 -30,000,000.00 0.00 0.00 -30,000,000.00

9515

RECEIVABLE/PAYA

BLE (-) FOR 

INTERIM 

MAINTENANCE OF 

VALUE 

ADJUSTMENTS 1,218,290,613.25 1,218,290,613.25 0.00 0.00 1,218,290,613.25

9517

LOANS TO 

INTERNATIONAL 

MONETARY FUND

9518

OTHER CASH AND 

MONETARY 

ASSETS 15,000,000.00 15,000,000.00 0.00 0.00 15,000,000.00
Page 47 of 78

Combined Statement

Combined Statement of Receipts, Outlays and Balances of the US Government

Appropriations, Outlays, and Balances

Appropriation 

or Fund 

Account Account Symbol Balances, Appropriations and Transfers Outlays

Balances 

Withdrawn Balances,

Title Period of Beginning of Other Obligational Borrowings and (Net) and Other End of

Availability ATA AID MAIN SUB Fiscal Year Authority Investment (Net) Transactions Fiscal Year

United States 

Quota, 

International 

Monetary Fund, 

Funds 

Appropriated to 

the President

Fund Resources:

Transfer To:

Treasury No Year 020 011 0003 000 0.00 0.00 ---------- 145,430,113.00 14,699,000,000.00
Page 48 of 78

Pre-Closing Trial Balance 

IMF 2011X0003 Debit Credit

Proprietary

101000 Fund Balance with Treasury 89,940,540,615.24

119090 Other Cash – International Monetary Fund 179,191,236.20

119305 International Monetary Fund – Letter of 

Credit

89,795,110,502.23

119306 International Monetary Fund –

Receivable/Payable Currency Valuation

1,084,947,581.15

119307 International Monetary Fund – Dollar Deposit 

with the IMF

179,191,236.20

119309 International Monetary Fund – Currency 

Holdings 

89,016,624,336.56

119333 International Monetary Fund – Reserve 

Position

23,181,160,920.01

310000 Unexpended Appropriations 43,912,819,888.99

310200 Unexpended Appropriations – Transfers-In 61,328,720,726.25

310300 Unexpended Appropriations – Transfers-Out

331000 Cumulative Results of Operations 8,317,052,448.49

719090 Other Gains on International Monetary Fund 

Assets

90,000,000.00

729090 Other Losses on International Monetary Fund 220,430,113.00

TOTAL 203,622,894,802.16 203,622,894,802.16

Budgetary

417500 Allocations Transfers of Current-Year 

Authority for Non-invested Accounts

145,430,113.00

417590 Allocations Transfers of Current-Year 

Authority for Non-invested Accounts – International 

Monetary Fund

61,183,290,613.25

420190 Total Actual Resources – Collected –

International Monetary Fund

52,229,872,337.48

429590 Adjustment to the International Monetary 

Fund

15,000,000.00

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary Fund

113,428,162,950.73

490200 Delivered Orders – Obligations, Paid 145,430,113.00

TOTAL 113,573,593,063.73 113,573,593,063.73
Page 49 of 78

IMF 11X0003 Debit Credit

Proprietary

310100 Unexpended Appropriations –

Appropriations Received

60,145,430,113.00

310200 Unexpended Appropriations – Transfers-In 1,183,290,613.25

310300 Unexpended Appropriations – Transfers-Out 61,328,720,726.25

TOTAL 61,328,720,726.25 61,328,720,726.25

Budgetary

411900 Other Appropriations Realized 145,430,113.00

411991 Other Appropriations Realized – International 

Monetary Fund – Reserve Tranche

15,000,000,000.00

411992 Other Appropriations Realized – International 

Monetary Fund – Letter of Credit

45,000,000,000.00

417500 Allocations Transfers of Current-Year 

Authority for Non-invested Accounts

145,430,113.00

417590 – Allocations Transfers of Current-Year 

Authority in Non-invested Accounts – International 

Monetary Fund

60,000,000,000.00

TOTAL 60,145,430,113.00 60,145,430,113.00

IMF 11X0004 Debit Credit

Proprietary

310100 Unexpended Appropriations –

Appropriations Received

1,183,290,613.25

310300 Unexpended Appropriations – Transfers-Out 1,183,290,613.25

TOTAL 1,183,290,613.25 1,183,290,613.25

Budgetary

411990 Other Appropriations Realized – International 

Monetary Fund

1,183,290,613.25

417590 Allocations Transfers of Current-Year 

Authority for Non-invested Accounts – International 

Monetary Fund

1,183,290,613.25

TOTAL 1,183,290,613.25 1,183,290,613.25
Page 50 of 78

Closing Entries

24. (Parent) To record the consolidation of actual net-funded resources and reductions for 

withdrawn funds (TC F302).

11X0003 Debit Credit

Budgetary

417500 Allocation Transfers of Current Year 

Authority for Non-invested Accounts

420100 Total Actual Resources - Collected

411900 Other Appropriations Realized

Proprietary

N/A

145,430,113.00

145,430,113.00

25. (Parent) To record the consolidation of actual net-funded resources and reductions for 

withdrawn funds (TC XXXX) Note: If the balances did not net zero, there would be a balance 

in 420190.

11X0003 Debit Credit

Budgetary

417590 Allocation Transfers of Current Year 

Authority for Non-invested Accounts –

International Monetary Fund

420190 Total Actual Resources – Collected –

International Monetary Fund

411991 Other Appropriations Realized -

International Monetary Fund Reserve 

Tranche

411992 Other Appropriations Realized -

International Monetary Fund Letter of 

Credit

Proprietary

N/A

60,000,000,000.00

15,000,000,000.00

45,000,000,000.00
Page 51 of 78

26. (Parent) To record closing of fiscal-year activity to unexpended appropriations (TC F342).

11X0003 Debit Credit

Budgetary

N/A

Proprietary

310100 Unexpended Appropriations –

Appropriations Received

310200 Unexpended Appropriations – Transfers-In

310300 Unexpended Appropriations –

Transfers-Out

60,145,430,113.00

1,183,290,613.25

61,328,720,726.25

27. To record the consolidation of actual net-funded resources and reductions for withdrawn 

funds (TC F3XX). Note: If the balances did not net zero, there would be a balance in 420190.

11X0004 Debit Credit

Budgetary

417590 Allocation Transfers of Current Year 

Authority for Non-invested Accounts –

International Monetary Fund

420190 Total Actual Resources - Collected –

International Monetary Fund

411990 Other Appropriations Realized –

International Monetary Fund

Proprietary

N/A

1,183,290,613.25

1,183,290,613.25

28. To record closing of fiscal-year activity to unexpended appropriations (TC F342).

11X0004 Debit Credit

Budgetary

N/A

Proprietary

310100 Unexpended Appropriations –

Appropriations Received

310300 Unexpended Appropriations –

Transfers-Out

1,183,290,613.25

1,183,290,613.25
Page 52 of 78

29. (Child) To record the consolidation of actual net-funded resources and reductions for 

withdrawn funds (TC F302).

2011X0003 Debit Credit

Budgetary

420100 Total Actual Resources – Collected

417500 Allocation Transfers of Current 

Year Authority for Non-invested Accounts 

Proprietary

N/A

145,430,113.00

145,430,113.00

30. (Child) To record the closing of paid delivered orders to total actual resources (TC F314).

2011X0003 Debit Credit

Budgetary

490200 Delivered Orders – Obligations Paid

420100 Total Actual Resources – Collected

Proprietary

N/A

145,430,113.00

145,430,113.00

31. (Child) To record the consolidation of actual net-funded resources and reductions for 

withdrawn funds (TC FXXXX).

2011X0003 Debit Credit

Budgetary

420190 Total Actual Resources – Collected –

International Monetary Fund

417590 Allocations Transfers of CurrentYear Authority for Non-invested Accounts 

– International Monetary Fund

Proprietary

N/A

61,183,290,613.25

61,183,290,613.25
Page 53 of 78

32. (Child) To record closing of revenue, expense, and other financing source accounts to 

cumulative results of operations (TC F336).

2011X0003 Debit Credit

Budgetary

N/A

Proprietary

331000 Cumulative Results of Operations

719090 Other Gains on International Monetary 

Fund Assets

729090 Other Losses on International 

Monetary Fund Assets

130,430,113.00

90,000,000.00

220,430,113.00

33. To record closing of fiscal-year activity to unexpended appropriations (TC F342).

11X0004 Debit Credit

Budgetary

N/A

Proprietary

310200 Unexpended Appropriations – Transfers-In 

310000 Unexpended Appropriations –

Cumulative

61,328,720,726.25

61,328,720,726.25
Page 54 of 78

Post-Closing Trial Balance 

IMF 2011X0003 Debit Credit

Proprietary

101000 Fund Balance with Treasury 89,940,540,615.24

119090 Other Cash – International Monetary Fund 179,191,236.20

119305 International Monetary Fund – Letter of 

Credit

89,795,110,502.23

119306 International Monetary Fund –

Receivable/Payable Currency Valuation

1,084,947,581.15

119307 International Monetary Fund – Dollar Deposit 

with the IMF

179,191,236.20

119309 International Monetary Fund – Currency 

Holdings 

89,016,624,336.56

119333 International Monetary Fund – Reserve 

Position

23,181,160,920.01

310000 Unexpended Appropriations 105,241,540,615.24

331000 Cumulative Results of Operations 8,186,622,335.49

TOTAL 203,402,464,689.16 203,402,464,689.16

Budgetary

420190 Total Actual Resources – Collected –

International Monetary Fund

113,413,162,950.73

429590 Adjustment to the International Monetary 

Fund

15,000,000.00

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary Fund

113,428,162,950.73

TOTAL 113,428,162,950.73 113,428,162,950.73
Page 55 of 78

IMF 11X0003 Debit Credit

Proprietary

310000 Unexpended Appropriations - Cumulative

TOTAL

Budgetary

420100 Total Actual Resources - Collected

TOTAL

IMF 11X0004 Debit Credit

Proprietary

310000 Unexpended Appropriations – Cumulative

TOTAL

Budgetary

420100 Total Actual Resources - Collected

TOTAL
Page 56 of 78

Control Checks 

2011X0003 11X0003 11X0004

Beginning Balances - after closing entries

310000 (105,241,540,615.24)

331000 (8,186,622,335.49)

(113,428,162,950.73)

420190 113,413,162,950.73

429590 15,000,000.00

 113,428,162,950.73

Difference -

Transfers

310200 (61,328,720,726.25) (1,183,290,613.25)

310300 61,328,720,726.25 1,183,290,613.25

 (61,328,720,726.25) 60,145,430,113.00 1,183,290,613.25

417500 145,430,113.00 (145,430,113.00)

417590 61,183,290,613.25 (60,000,000,000.00) (1,183,290,613.25)

 61,328,720,726.25 (60,145,430,113.00) (1,183,290,613.25)

Difference - - -
Page 57 of 78
Page 58 of 78

Balance Sheet

 As of September 30, 2016

11X0003 11X0004 2011X0003 Total

1 89,940,540,615.24 89,940,540,615.24

6 0.00 0.00 89,940,540,615.24 89,940,540,615.24

7

0.00 23,487,622,335.49 23,487,622,335.49

15 0.00 0.00 113,428,162,950.73 113,428,162,950.73

31

0.00 0.00 105,241,540,615.24 105,241,540,615.24

33

8,186,622,335.49 8,186,622,335.49

35

0.00 0.00 113,428,162,950.73 113,428,162,950.73

36 0.00 0.00 113,428,162,950.73 113,428,162,950.73

37 0.00 0.00 113,428,162,950.73 113,428,162,950.73

Total Net Position - All O ther Funds (Combined or 

Consolidated Totals)

Total Net Position

Total liabilities and net position

Net Position

Unexpended appropriations - All O ther Funds (Combined or 

Consolidated Totals) (310000 B, 310100 E, 310200 E, 310300 E)

Cumulative results of operations - All O ther Funds (Combined 

or Consolidated Totals) (331000 B, 719090 E, 729090 E)

Total assets

Total intragovernmental

Cash and other monetary assets (119090 E, 119305 E, 119306 E, 

119307 E, 119309 E, 119333 E)

 Balance Sheet

Assets 

Intragovernmental

Fund Balance with Treasury (101000 E)
Page 59 of 78

Statement of Net Cost

 For the year ended September 30, 2016

There is no Statement of Net Cost as there are no Operating Expenses or Exchange Revenue.

Statement of Changes in Net Position

 For the year ended September 30, 2016

11X0003 11X0004 2011X0003 Total

1

2

3

8 Net cost of operations

Less: earned revenue

Net program costs:

Statement of Net Cost

Gross Program Costs:

Program A:

Gross costs 

11X0003 11X0004 2011X0003 Total

1 8,317,052,448.49 8,317,052,448.49

3 8,317,052,448.49 8,317,052,448.49

13 (130,430,113.00) (130,430,113.00)

14 (130,430,113.00) (130,430,113.00)

15 -

16 (130,430,113.00) (130,430,113.00)

17 8,186,622,335.49 8,186,622,335.49

18 43,912,819,888.99 43,912,819,888.99

20 43,912,819,888.99 43,912,819,888.99

21 60,145,430,113.00 1,183,290,613.25 61,328,720,726.25

22 (60,145,430,113.00) (1,183,290,613.25) 61,328,720,726.25 -

25 - - 61,328,720,726.25 61,328,720,726.25

26 - - 105,241,540,615.24 105,241,540,615.24

27 - - 113,428,162,950.73 113,428,162,950.73

Total Budgetary Financing Sources

Total Unexpended Appropriations

Net Position

Beginning balance, as adjusted

Budgetary Financing Sources:

Appropriations received (310100 E)

Appropriations transferred-in/out (+/-) (310200 E, 

310300 E)

Net Cost of Operations (+/-)

Net Change

Cumulative Results of Operations

Unexpended Appropriations:

Beginning Balance (310000 B)

Other Financing Sources (Nonexchange):

Other (+/-) (719090 E, 729090 E)

Total Financing Sources

Statement of Changes in Net Position

Cumulative Results from Operations:

Beginning Balances (331000 B)

Beginning balances, as adjusted
Page 60 of 78

Statement of Budgetary Resources

 For the year ended September 30, 2016

11X0003 11X0004 2011X0003 Total

1290

0.00 145,430,113.00 145,430,113.00

1910 0.00 0.00 145,430,113.00 145,430,113.00

2190 145,430,113.00 145,430,113.00

2500 0.00 0.00 145,430,113.00 145,430,113.00

3012 145,430,113.00 145,430,113.00

3020 (145,430,113.00) (145,430,113.00)

3200 0.00 0.00

4175 0.00 0.00 145,430,113.00 145,430,113.00

4180 0.00 0.00 145,430,113.00 145,430,113.00

4185 0.00 0.00 145,430,113.00 145,430,113.00

4190 0.00 0.00 145,430,113.00 145,430,113.00

4210 Agency outlays, net (discretionary and mandatory) 0.00 0.00 145,430,113.00 145,430,113.00

Outlays, net (total) (discretionary and mandatory)

Budget authority, net (total) (discretionary and mandatory)

Outlays, gross (discretionary and mandatory) (490200 E)

Obligated balance, end of year (+ or -)

Budget authority and outlays, net:

Budget authority, gross (discretionary and mandatory)

Change in obligated balance:

New obligations and upward adjustments (490200 E)

Outlays (gross) (-) (490200 E)

Total budgetary resources

Total budgetary resources

New obligations and upward adjustments (total) (490200 E)

Appropriations (discretionary and mandatory) (411900 E, 

417500 E)

Statement of Budgetary Resources

Budgetary Resources
Page 61 of 78

SF 133 Report on Budget Execution and Budgetary Resources

11X0003 11X0004 2011X0003 Total

S/P BUDGETARY RESO URCES

S/P 1050 Unobligated balance (total)

S/P Budget authority:

S/P Appropriations:

S/P Discretionary:

S/P 1100 145,430,113.00 145,430,113.00

S/P Nonexpenditure transfers:

S/P 1120 (145,430,113.00) (145,430,113.00)

S/P 1121 145,430,113.00 145,430,113.00

S/P 1160 Appropriation, discretionary (total) - - 145,430,113.00 145,430,113.00

S/P 1900 Budget authority (total) - - 145,430,113.00 145,430,113.00

S 1910 Total budgetary resources - - 145,430,113.00 145,430,113.00

S STATUS O F BUDGETARY RESO URCES

S New obligations and upward adjustments:

S Direct:

S 2002 145,430,113.00 145,430,113.00

S 2004 Direct obligations (total) 145,430,113.00 145,430,113.00

S 2170 145,430,113.00 145,430,113.00

S 2190 New obligations and upward adjustments (total) 145,430,113.00 145,430,113.00

S 2500 Total budgetary resources 145,430,113.00 145,430,113.00

S Memorandum (non-add) entries:

S 2501 145,430,113.00 145,430,113.00

S/P CHANGE IN O BLIGATED BALANCE

S/P 3010 145,430,113.00 145,430,113.00

S/P 3020 (145,430,113.00) (145,430,113.00)

S/P 3200 O bligated balance, end of year (+ or -) -

S/P BUDGET AUTHO RITY AND O UTLAYS, NET

S/P Discretionary:

S/P Gross budget authority and outlays:

S/P 4000 Budget authority, gross - - 145,430,113.00 145,430,113.00

S/P 4010 145,430,113.00 145,430,113.00

S/P 4020 Outlays, gross (total) 145,430,113.00 145,430,113.00

S/P 4070 Budget authority, net (discretionary) 145,430,113.00 145,430,113.00

S/P 4080 O utlays, net (discretionary) 145,430,113.00 145,430,113.00

S/P 4180 Budget authority, net (total) 145,430,113.00 145,430,113.00

S/P 4190 Outlays, net (total) 145,430,113.00 145,430,113.00

Report on Budget Execution and Budgetary Resources and Budget Program and 

Financing Schedule

O utlays from new discretionary authority (490200 E)

New obligations, unexpired accounts (490200 E)

Outlays (gross) (-) (490200 E)

Subject to apportionment - excluding anticipated amounts (490200 E)

New obligations, unexpired accounts (490200 E)

Category B (by project) (490200 E)

Appropriations transferred to other accounts (-) (417500 E)

Appropriations transferred from other accounts (417500 E)

Appropriation (411900 E)

SF 133 
Page 62 of 78

Schedule P

11X0003 11X0004 2011X0003 Total

Assoc.

Report

Line

No. USSGL Account Title

S/P BUDGETARY RESO URCES

P All accounts:

P 0900 145,430,113.00 145,430,113.00

S/P Budget authority:

S/P Appropriations:

S/P Discretionary:

S/P 1100 145,430,113.00 145,430,113.00

S/P Nonexpenditure transfers:

S/P 1120 (145,430,113.00) 145,430,113.00 -

S/P 1121

S/P 1160 Appropriation, discretionary (total) - - 145,430,113.00 145,430,113.00

S/P 1900 Budget authority (total) - - 145,430,113.00 145,430,113.00

P 1930 Total budgetary resources available - - 145,430,113.00 145,430,113.00

S/P CHANGE IN O BLIGATED BALANCE

S/P 3010 145,430,113.00 145,430,113.00

S/P 3020 (145,430,113.00) (145,430,113.00)

S/P 3200 O bligated balance, end of year (+ or -) -

S/P BUDGET AUTHO RITY AND O UTLAYS, NET

S/P Discretionary:

S/P Gross budget authority and outlays:

S/P 4000 Budget authority, gross - - 145,430,113.00 145,430,113.00

S/P 4010 145,430,113.00 145,430,113.00

S/P 4020 Outlays, gross (total) 145,430,113.00 145,430,113.00

S/P 4070 Budget authority, net (discretionary) - - 145,430,113.00 145,430,113.00

S/P 4080 O utlays, net (discretionary) 145,430,113.00 145,430,113.00

S/P Budget authority and outlays, net (total)

S/P 4180 Budget authority, net (total) - - 145,430,113.00 145,430,113.00

S/P 4190 Outlays, net (total)

P MEMO RANDUM (NO N-ADD) ENTRIES:

P International Monetary Fund:

P 5110 IMF quota reserve tranche increase (P.L. xxx-xxx) (411991) 45,000,000,000.00 45,000,000,000.00

P 5111 IMF quota letter of credit increase (P.L. xxx-xxx) (411992) 15,000,000,000.00 15,000,000,000.00

P 5112 IMF quota reserve tranche, total (119333 E) 23,181,160,920.01 23,181,160,920.01

P 5113 IMF quota letter of credit, total (119306 E, 119307 E, 119309 E) 89,922,380,681.51 89,922,380,681.51

O utlays from new discretionary authority (490200 E)

New obligations, unexpired accounts (490200 E)

Outlays (gross) (-) (490200 E)

Appropriations transferred to other accounts (-) (417500 E)

Appropriations transferred from other accounts (417500 E)

Appropriation (411900 E)

Schedule P

Report on Budget Execution and Budgetary Resources and Budget Program and 

Financing Schedule

Total new obligations, unexpired accounts (490200 E)
Page 63 of 78

Reclassified Balance Sheet for the Closing Package

 As of September 30, 2016

Reclassified Balance Sheet Total

1 Assets

2 Non-federal

2.1

Cash and other monetary assets (119090 E, 119305 E, 119306 E, 

119307 E, 119309 E, 119333 E) 23,487,622,335.49 

2.9 Total non-federal assets 23,487,622,335.49 

3 Federal

3.1 Fund balance with Treasury (RC 40) (101000) 89,940,540,615.24 

3.14 Total federal assets 89,940,540,615.24 

4 Total assets 113,428,162,950.73 

9 Net position:

9.2

Net position - funds other than those from dedicated collections 

310000 B, 310100 E, 310200 E, 310300 E, 331000 B, 719090 E, 729090 

E) 113,428,162,950.73 

10 Total net position 113,428,162,950.73 

11 Total liabilities and net position 113,428,162,950.73 
Page 64 of 78

Reclassified Statement of Net Cost for the Closing Package

 For year ended September 30, 2016

There is no Reclassified Statement of Net Cost as there are no Operating Expenses or Exchange 

Revenue.

Reclassified Statement of Net Cost

1 Gross cost

2 Non-federal gross cost

6 Total non-federal gross cost

7 Federal gross cost

9 Department total gross cost

10 Earned revenue

11 Non-federal earned revenue

14 Department total earned revenue

15 Net cost of operations

Reclassified Statement of Changes in Net Position for the Closing Package

 For year ended September 30, 2016

Reclassified Stmt. of Operations and Changes in Net Position Total

1 Net position, beginning of period (310000 B, 331000 B) 52,229,872,337.48 

4 Net position, beginning of period - adjusted 52,229,872,337.48 

5 Non-federal non-exchange revenue:

5.7 Other taxes and receipts (719090 E, 729090 E) (130,430,113.00)

5.9 Total non-federal non-exchange revenue (130,430,113.00)

7 Budgetary financing sources:

7.1

Appropriations received as adjusted (rescissions and other 

adjustments) (RC 41) (310100 E) 61,328,720,726.25 

7.6

Non-expenditure transfers-in of unexpended appropriations and 

financing sources (RC 08) (310200 E) (61,328,720,726.25)

7.7

Non-expenditure transfers-out of unexpended appropriations and 

financing sources (RC 08) (310300 E) 61,328,720,726.25 

7.18 Total budgetary financing sources 61,328,720,726.25 

9 Net cost of operations (+/-)

10 Net position, end of period 113,428,162,950.73 
Page 65 of 78

GTAS Edits and Validations Changes

Validation 76

Edit 4

76E

USSGLs 

Limited to 

IMF

 

119307, 119309, 119333, 411990, 

417590, 417690, 420190, 462090, 

719090, and 729090 are restricted to IMF 

TAS only. CONCATENATED TAS

Add 119090, 411991, 411992, 429590, 

435190 Pass 011 X0003000

Pass 011 X0004000

Pass 011 X0074000

Pass 020011 X0003000

Pass 020011 X0074000

Number:

Name:

Description:

Type:

Operand:

Fatal Period:

Proposed 

Analytical 

Period:

LN

Statement Line Number Operand Statement Line Number Operand

Bureau of the 

Fiscal Service 

2108: Yearend 

Closing Statement 2 - Preclosing Unexpended Balance +

Bureau of the 

Fiscal Service 

2108: Yearend 

Closing Statement 9 - Undelivered Orders and Contracts +

The sum of Bureau of the Fiscal Service 2108 Columns 2, 3, 4, 5, 7 and 8 must equal the sum of Bureau of the Fiscal Service 2108 Columns 9, 10 

and 11.

U.S. Standard General Ledger

Data Edits - Detail Report

4

Fund Resources equals Fund Equities

Statement Line / Statement Line

Equal (=)

12

01,02,03,04,05,06,07,08,09,10,11

Left Side Attribute Combination Right Side Attribute Combination

Evans, Marilyn:

Need to be updated for USSGL 119090
Page 66 of 78

Edit 7

Number:

Name:

Description:

Type:

Operand:

Fatal Period:

Proposed 

Analytical 

Period:

Right Side Attribute Combination

SM

USSGL 

ACCOUNT 

NUMBER Begin/End Fed/NonFed Business Line

119300 E N RESPOS delete

119305 E

119306 E

119307 E

119309 E

119333 E

U.S. Standard General Ledger

Data Edits - Detail Report

7

Reserve Position Business Line Balance

Verify that the balances of the USSGL account(s) must equal the balance for Reserve Position (RESPOS) from the Central Accounting and 

Reporting System (CARS).

USSGL / SMAF

Equal (=)

12

01,02,03,04,05,06,07,08,09,10,11

Left Side Attribute Combination
Page 67 of 78

Edit 22

Number:

Name:

Description:

Type:

Operand:

Fatal Period:

Proposed 

Analytical 

Period:

Right Side Attribute Combination

SZ

USSGL 

ACCOUNT 

NUMBER Begin/End Zero

101000 B $0

110100 B

110300 B

110900 B

111000 B

112000 B

112500 B

113000 B

113500 B

114500 B

119000 B

119090 B add

U.S. Standard General Ledger

Data Edits - Detail Report

22

Beginning Proprietary Account Balance

The sum of the beginning balances for the proprietary USSGL accounts must equal zero for each reported TAS.

USSGL / Zero

Equal (=)

01,02,03,04,05,06,07,08,09,10,11,12

Left Side Attribute Combination
Page 68 of 78

Edit 23

Number:

Name:

Description:

Type:

Operand:

Fatal Period:

Proposed 

Analytical 

Period:

Right Side Attribute Combination

SZ

USSGL 

ACCOUNT 

NUMBER Begin/End Zero

101000 E $0

109000 E

110100 E

110300 E

110900 E

111000 E

112000 E

112500 E

113000 E

113500 E

114500 E

119000 E

119090 E add

U.S. Standard General Ledger

Data Edits - Detail Report

23

Ending Proprietary Account Balance

The sum of the pre-closing ending balances for the proprietary USSGL accounts must equal zero for each reported TAS.

USSGL / Zero

Equal (=)

01,02,03,04,05,06,07,08,09,10,11,12

Left Side Attribute Combination
Page 69 of 78

Edit 24

Number:

Name:

Description:

Type:

Operand:

Fatal Period:

Proposed 

Analytical 

Period:

Right Side Attribute Combination

SZ

USSGL 

ACCOUNT 

NUMBER Begin/End Zero

411900 E

411990 E

411991 E add

411992 E add

412000 E

412100 E

429000 E

429500 E

429590 E add

431000 E

432000 E

435000 E

435100 E

435190 E add

435500 E

U.S. Standard General Ledger

Data Edits - Detail Report

24

Ending Budgetary Account Balance

The sum of the pre-closing ending balance of USSGL 4000-series accounts must equal zero for each reported TAS.

USSGL / Zero

Equal (=)

01,02,03,04,05,06,07,08,09,10,11,12

Left Side Attribute Combination
Page 70 of 78

Edit 49

Number:

Name:

Description:

Type:

Operand:

Fatal Period:

Proposed 

Analytical 

Period:

Right Side Attribute Combination

SM

USSGL 

ACCOUNT 

NUMBER Begin/End BETC

411100 E AP

411200 E APADV

411500 E APBGT

411600 E APCRREF

411700 E APIND

411800 E APINDYEC

411900 E APINDYED

411990 E APLIMIND add

411991 E APOTH add

411992 E APROP add

RS

SWYE

U.S. Standard General Ledger

Data Edits - Detail Report

49

Normal Warrants Edit (4000 series)

The BETC balances from the Central Accounting and Reporting System (CARS) that represent all the normal w arrant activity should equal 

the sum of USSGL accounts 411100+411200+411500+411700+411800+411900.

USSGL / SMAF

Equal (=)

01,02,03,04,05,06,07,08,09,10,11,12

Left Side Attribute Combination

Evans, Marilyn:

GTAS needs to double check me as the 

reason we added 90 to the end so no new 

BETC needed to be created
Page 71 of 78

Edit 21

Edit

No

Prior 

Year 

USSGL 

Account

Beginning

Ending 

Balance 

Indicator

Authority

Type Code

TAS 

Status

Reporting

Type Code

TAS Status 

Transitioning 

Code

Beginning

Balance 

USSGL 

Account

21 412200 E 412200

411990 E 420190

411991 E 420190 add

411992 E 420190 add

417590 E 420190

417690 E 420190

420190 E 420190

435190 E 420190 add

422100 E 422100

423000 E 422100

422200 E 422200

423100 E 422200

419900 E 422500

422500 E 422500

423200 E 422500

423300 E 425100

425100 E 425100

428300 E 428300

428500 E 428500

428600 E 428600

423400 E 428700

428700 E 428700

429500 E 429500

429590 E 429590 add

U.S. Standard General Ledger

Closing Edits Detail Report
Page 72 of 78

Edit 45

Edit

No

Prior 

Year 

USSGL 

Account

Beginning

Ending 

Balance 

Indicator

Authority

Type Code

TAS 

Status

Reporting

Type Code

TAS Status 

Transitioning 

Code

Beginning

Balance 

USSGL 

Account

45 101000 E 101000

110100 E 110100

110300 E 110300

110900 E 110900

111000 E 111000

112000 E 112000

112500 E 112500

113000 E 113000

113500 E 113500

114500 E 114500

119000 E 119000

119090 E 119090 add

119300 E 119300 delete

119305 E 119305

U.S. Standard General Ledger

Closing Edits Detail Report
Page 73 of 78

Part II

Decrease in Maintenance of Value Adjustment

1. (Child) To record in the child account the debit voucher Letter Of Credit for 

Maintenance of Value due U.S. Treasury. (TC XXXX) 

2011X0003 Debit Credit

Budgetary

None

Proprietary

119305 International Monetary Fund – Letter of 

Credit

119306 International Monetary Fund –

Receivable/Payable Currency Valuation

4,144,394,378.00

4,144,394,379.00
Page 74 of 78

2. (Child) To record in the child account the decrease for the maintenance of value 

adjustment and transfer the excess to 11X0003 via SF 1151 Nonexpenditure Transfer 

Authorization. As the original and subsequent increases to the unobligated balance were 

done in previous years, this will be a transfer of prior-year balances. (TC AXXX) 

2011X0003 Debit Credit

Budgetary

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary Fund 

PYA – X (Current Year)

417690 Allocation Transfers of Prior-Year 

Balances - International Monetary Fund

Authority Type – P (Appropriations)

Fed/Non-Fed – F (Federal)

Trading Partner – 011 (EOP)

Trading Partner Main – 0003 (IMF Quota)

PYA Adj – X (Current Year)

Proprietary

310300 Unexpended Appropriations – TransfersOut

Fed/Non-Fed – F (Federal)

Trading Partner – 011 (EOP)

Trading Partner Main – 0003 (IMF

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund 

4,144,394,378.00

4,144,394,378.00

4,144,394,378.00

4,144,394,378.00
Page 75 of 78

3. (Parent) To record in the parent the transfer in of the excess funds due to the 

maintenance of value decrease adjustment. (TC XXXX)

11X0003 Debit Credit

Budgetary

417690 Allocation Transfers of Prior-Year 

Balances - International Monetary Fund

Authority Type – P (Appropriations)

Fed/Non-Fed – F (Federal)

Trading Partner – 011 (EOP)

Trading Partner Main – 0003 (IMF Quota)

PYA Adj – X (Current Year)

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary 

Fund 

PYA – X (Current Year)

Proprietary

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund 

310200 Unexpended Appropriations –

Transfers-In

Fed/Non-Fed – F (Federal)

Trading Partner – 020 ( Treasury)

Trading Partner Main – 0003 (IMF)

4,144,394,378.00

4,144,394,378.00

4,144,394,378.00

4,144,394,378.00
Page 76 of 78

4. (Parent) To record the return of the excess funds due to the maintenance of value 

decrease adjustment as a partial cancellation via a surplus warrant. (TC XXXX)

11X0003 Debit Credit

Budgetary

462090 Unobligated Funds Exempt From 

Apportionment – International Monetary Fund 

PYA – X (Current Year)

435190 Partial Cancellation of Authority -

International Monetary Fund

PYA Adj – X (Current Year)

Proprietary

310600 Unexpended Appropriations –

Adjustments

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund 

4,144,394,378.00

4,144,394,378.00

4,144,394,378.00

4,144,394,378.00
Page 77 of 78

Below are samples 

Request to Fiscal Service for the Surplus Warrant

Request_Surplus_W

arrant_11x0003_Sep 

Non-Expenditure Transfer from Child to Parent – The transfer only covers the excess that 

was in the Child account as part was in the Parent

surplus warrant 

MOV.pdf

Surplus Warrant

11X003 Warrant 

4B.pdf
Page 78 of 78

List of Abbreviations

Apport Cat Apportionment Category Code

Apport Cat B Apportionment Category B Program Code

Auth Type Code Authority Type Code

Avail Time Availability Time Indicator

Bal Sheet Balance Sheet

BEA Cat Budget Enforcement Act Category Indicator

BETC Business Event Type Code

BUDG Budgetary

Cohort Yr Credit Cohort Year

CVA Currency Valuation Adjustment

Cust/Noncust Custodial/Noncustodial Indicator

Exch/Nonexch Exchange/Nonexchange Indicator

EOP Executive Office Of The President

Fed/Non-Fed Federal Non-Federal Code

FRBNY Federal Reserve Bank New York

FX Exchange Rate

FY Fiscal Year

IMF International Monetary Fund

LOC Letter Of Credit

MOV Maintenance of Value

MTS Monthly Treasury Statement

Normal Bal Normal Balance

OFP Office of Fiscal Projections

Pgm Rpt Cat Program Report Category

PROP Proprietary

PYA Prior Year Adjustment Code

Reclass Stmts Reclassification of Statement

Reimb Flag Reimbursable Flag Indicator

RMB Chinese renminbi

RTP Reserve Tranche Position

SDR Special Drawing Rights

SF1151 Standard Form Nonexpenditure Transfer Authorization

SGL Standard General Ledger

Stmt of Budg Res Statement of Budgetary Resources

Stmt of Changes in Net Pos Statement of Changes in Net Position

Stmt of Cust Activ Statement of Custodial Activity

Stmt of Net Cost Statement of Net Cost

TAFS Treasury Appropriation Fund Symbol

TAS Status Treasury Account Symbol Status Code

TC Transaction Code

Trading Parter Trading Partner Agency Identifier

Trading Partner Main Trading Partner Main Account Code

Trans Code Treasury Account Symbol Status Transitioning Code

USSGL United States Standard General Ledger

US United States

USD United States Dollar

Year of BA Year of Budget Authority Indicator