Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 1 of 33 September 2002

 

Background

Borrowing authority is a type of budget authority that permits agencies to incur 

obligations and make payments to liquidate the obligations out of borrowed moneys. 

Usually the law authorizing the borrowing specifies that you must borrow from the 

Treasury, but in a few cases it authorizes borrowing directly from the public. Laws that 

authorize borrowing for business-like operations require the program to repay the 

borrowing, with interest, out of business proceeds. In rare instances, usually based on an 

appropriation or authorizing language, an agency may use an appropriation to liquidate 

obligations that were initially incurred against authority to borrow when the borrowing 

was not exercised. 

Borrowing authority is composed of two authority types:

• Definite borrowing authority, where a specific amount of authority that cannot be 

exceeded. Authority is recorded at the beginning of the program and carried forward 

until the authority is rescinded or completely consumed or until the program is 

terminated, whichever comes first. This is a no-year account and the authority does 

not expire, but unused authority must be reapportioned each year.

• Indefinite borrowing authority, where the amount of authority is not predetermined 

and authority is available as needed to cover obligations incurred. This is normally 

accounted for through a no-year account and the authority does not expire, but unused 

authority must be reapportioned each year.
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 2 of 33 September 2002

 

USSGL ACCOUNTS ILLUSTRATED

Budgetary Accounts

Resource Accounts

4042 Estimated Borrowing Authority

4119 Other Appropriations Realized

4140 Substitution of Borrowing Authority

4141 Current Year Borrowing Authority Realized

4143 Reduction of Borrowing Authority

4144 Borrowing Authority Withdrawn 

4149 Borrowing Authority Carried Forward

4201 Total Actual Resources Collected

Status of Resource Accounts

4450 Unapportioned Authority

4510 Apportionments

4610 Allotments – Realized Resources

4801 Undelivered Orders - Obligations, Unpaid

4901 Delivered Orders - Obligations, Unpaid

4902 Delivered Orders - Obligations, Paid

Proprietary Accounts

Assets

1010 Fund Balance with Treasury

Liabilities

2110 Accounts Payable

Net Position

3100 Unexpended Appropriations - Cumulative

3101 Unexpended Appropriations - Appropriation Received

3107 Unexpended Appropriations - Used

3310 Cumulative Results of Operations

Revenue

5700 Expended Appropriations

Expenses

6100 Operating Expenses/Program Cost

Explanation of Illustrated Accounts:

Based on an appropriation or authorizing language, an agency can received an appropriation or offsetting 

collection to liquidate obligations initially incurred against authority to borrow when the borrowing was not 

exercised. For purposes of this scenario, the borrowing authority is substituted by an appropriation. 

As a result of the substitution, the resources have to be adjusted to reflect the substitution of the borrowing 

authority. If not adjusted then resources will be counted twice and total resources will be overstated. The 

withdrawn portion of the appropriation used to liquidate obligations initially incurred against the authority 

to borrow is reported in USSGL account 4140. This amount is also reported on the SF 133, line 6D (Other 

authority withdrawn) and P&F schedule line 6053 (Portion substituted for borrowing authority). The 

following account is illustrated in this scenario. 

 4140 Substitution of Borrowing Authority - the amount of borrowing authority replaced by 

appropriations or offsetting collections that were initially used to liquidate obligations 

incurred against authority to borrow. 

At the end of the fiscal year, any unobligated balances for indefinite borrowing authority should be zero. 

USSGL account 4143 is used to record the withdrawal of indefinite borrowing authority that is not needed 

to cover obligations. The withdrawn amount is reported on the SF 133, line 6D (Other authority 

withdrawn) and P&F schedule lines 4700 and 6710 and 6716 (Borrowing authority). The following 

account is illustrated in this scenario. 
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 3 of 33 September 2002

 

 4143 Reductions of Borrowing Authority - the amount of indefinite borrowing authority 

reduced by legislation or administrative action during the fiscal year.

When there are recoveries of prior year obligations that have been obligated against indefinite borrowing 

authority, the recovered amount is withdrawn and recorded in USSGL account 4144. The withdrawn 

amount is reported on the SF 133, line 6D (Other authority withdrawn) and P&F schedule line 2270 

(Balance of borrowing authority withdrawn). The following account is illustrated in this scenario. 

 4144 Borrowing Authority Withdrawn - the amount of indefinite borrowing withdrawn due 

to recoveries of prior-year obligations where the authority to borrow was not borrowed.

Scenario Guidelines:

This scenario includes two years of activity for definite and indefinite borrowing authority. In year one, the 

agency has borrowing authority and has incurred obligations against borrowing authority. In year two, the 

agency receives an appropriation to liquidate the obligations initially incurred against authority to borrow, 

when the borrowing is not exercised. 

This scenario does not address credit reform accounting. Credit reform accounting guidance will be 

included in separate scenarios. The following borrowing authority scenarios are included:

• Scenario A: Definite Borrowing Authority - Portion Substituted for Borrowing Authority 

(Appropriation)

• Scenario B: Indefinite Borrowing Authority - Portion Substituted for Borrowing Authority 

(Appropriation)
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 4 of 33 September 2002

 

Scenario A: 

Definite Borrowing Authority - Portion Substituted for Borrowing 

Authority (Appropriation)

Year 1

1. To record borrowing authority.

Year 1

Budgetary Entry

DR 4141 Current Year Borrowing Authority Realized 1,000

CR 4450 Unapportioned Authority 1,000

TC 

A152

2. To record budget authority apportioned by OMB and available for allotment. 

 Year 1

Budgetary Entry

DR 4450 Unapportioned Authority 800

CR 4510 Apportionments 800

TC 

A116

3. To record allotment of apportioned borrowing authority.

Year 1

Budgetary Entry

DR 4510 Apportionments 800

CR 4610 Allotments - Realized Resources 800

TC 

A120

4. To record an unexpended obligation for authority previously allotted. 

Year 1

Budgetary Entry

DR 4610 Allotments Realized Resources 800

CR 4801 Undelivered Orders – Obligations, Unpaid 800

TC 

B204
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 5 of 33 September 2002

 

Definite Borrowing Authority

Pre - Closing Trial Balance

Year 1

USSGL Account Debit Credit

Budgetary

4141

4450

4801

Total

 1,000

 

 0

 1,000

 

 200

 800

 1,000
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 6 of 33 September 2002

 

Definite Borrowing Authority

SF 133: Report On Budget Execution And Budgetary Resources 

Year 1

BUDGETARY RESOURCES 

1. Budget authority

 B. Borrowing authority (4141E) 1,000

7. Total budgetary resources 1,000

STATUS OF BUDGETARY RESOURCES

8. Obligations incurred:

A. Direct (4801E-B + 4901E-B + 4902E) 800

10. Unobligated balance not available:

D. Other (4450E) 200

11. Total status of budgetary resources 1,000

RELATIONSHIP OF OBLIGATIONS TO OUTLAYS

12. Obligated balance, net as of October 1 (4801B + 4901B) 0

13. Obligated balance transferred, net 0 

14. Obligated balance, net, end of period:

 C. Undelivered orders (4801E) 800

 D. Accounts payable (4901E) 0

15. Outlays:

A. Disbursements (4902E) 0

Definite Borrowing Authority

USSGL-2108 Year End Closing Statement

Year 1

(Record Type 7 – .951 Authority to Borrow from the Treasury) Main B.A. 

Col. 2 Balance of borrowing authority (4149B) 0

Col. 3 Increases and rescissions (4141E) 1 ,000

Col. 4 Borrowings (4145E) 0

Col. 5 N/A 

Col. 6 Balance (4141E+ 4145E+4149B) calc (2+3-4-5) 1,000

Col. 9 Undelivered Orders (4801E) 800 

Col. 10 Accounts Payable and Other Liabilities (4901E) 0 

Col. 11 Unobligated Balance calc (5+6+7+8 = 9+10+11) (4450E) 200 
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 7 of 33 September 2002

 

Definite Borrowing Authority 

Program And Financing (Schedule P)

Year 1

TOTAL NEW OBLIGATIONS:

1000 Total New Obligations (4801E-B + 4901E-B + 4902E) 800

BUDGETARY RESOURCES AVAILABLE FOR OBLIGATION:

2140 Unobligated balance carried forward, start of year 0

2200 New budget authority (gross) (Sum lns. 4000...6990) 1,000

2270 Balance of authority to borrow withdrawn (4144E) 0

2390 Total budgetary resources available for obligation (sum 2140 through 2385) 1,000

2395 Total new obligations (-) ( 800)

2440 Unobligated balance carried forward, end of year (4450E) 200

NEW BUDGETARY AUTHORITY (GROSS), DETAIL:

Mandatory:

6000 Appropriation (4119E) 0

6053 Portion substituted for borrowing authority (-) (4140E) 0 

6250 Appropriation (total) 0

6710 Authority to borrow (4141E) 1,000

CHANGE IN OBLIGATED BALANCES:

7240 Obligated balance, start of year 0 

7310 Total new obligations 800

7320 Total outlays (gross) (-) (4902E) 0

7440 Obligated balance, end of year (4801E+4901E) 800

OUTLAYS (GROSS), DETAIL:

8697 Outlays from new mandatory authority (4802E-B+4902E) 0

8698 Outlays from mandatory balances (4802E-B + 4902E) 0 

8700 Total outlays (4802E-B+ 4902E) 0

NEW BUDGET AUTHORITY AND OUTLAYS:

8900 Budget authority (net) 1,000

9000 Outlays (net) 0 
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 8 of 33 September 2002

 

Definite Borrowing Authority 

Balance Sheet

Year 1

Assets 

Intragovernmental

1. Fund Balance with Treasury (1010E) 0

15. Total assets 0

Liabilities

Intragovernmental

16. Accounts payable (2110E) 0

27. Total liabilities 0

Net Position

 29. Unexpended appropriation (3100E) 0

 30. Cumulative Results of Operations (3310E) 0

 31. Total net position 0

32. Total liabilities and net position 0

Definite Borrowing Authority

Statement of Net Cost

Year 1

Program Costs

1. Intragovernmental gross costs (6100E) 0

2. Less: Intragovernmental earned revenue 0

3. Intragovernmental net costs 0

10. Total net costs of operations 0
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 9 of 33 September 2002

 

Definite Borrowing Authority

Statement of Changes in Net Position

Year 1

Cumm. Results Unexp. Approp. 

1. Beginning Balance (3100E and 3310E) 0 0

3. Beginning Balance as adjusted 0 0

Budgetary Financing Sources:

4. Appropriations received (3101E) 0

7. Appropriations used (3107E) (5700E) 0 (0)

 16. Total Financing Sources 0 0

17. Net Cost of Operations 0 0

18. Ending Balances 0 0

Definite Borrowing Authority

Statement of Financing

Year 1

Resources Used to Finance Activities

Budgetary Resources Obligated

1. Obligations incurred (4801E-B) (800)

11. Total resources used to finance activities (800)

12. Change in budgetary resources obligated for goods, services and benefits

Ordered but not yet provided (4801E-B) (800)

17. Total resources used to finance items not part of the net cost of operations (800)

18. Total resources used to resources used to finance net 

 cost of operations (lines 11-17) 0

30. Net Cost of Operations 0
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 10 of 33 September 2002

 

Definite Borrowing Authority

Closing Entry - Year 1

5. Closing of fiscal year borrowing authority.

Year 1

Budgetary Entry

DR 4149 Borrowing Authority Carried Forward 1,000

CR 4141 Current Year Borrowing Authority Realized 1,000

TC 

F208

Definite Borrowing Authority

Post - Closing Trial Balance

Year 1

USSGL Account Debit Credit

Budgetary

4149

4450

4801

Total

 1,000

 

 0

 1,000

 

 200 

 800

 800
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 11 of 33 September 2002

 

Definite Authority -Year 2

1. Agency has borrowing authority that was carried forward from year one. Based on an appropriation 

or authorizing language, the agency received an appropriation to liquidate obligations initially 

incurred against authority to borrow when the borrowing was not exercised. 

Year 2

Budgetary Entry

DR 4119 Other Appropriations Realized 800

CR 4140 Substitution of Borrowing Authority 800

Proprietary Entry

DR 1010 Fund Balance with Treasury 800

CR 3101 Unexpended Appropriations - Appropriation Received 800

New

TC 

XXX

2. To record the delivery of goods and accrue a liability. To record appropriations used for the fiscal 

year. 

Year 2

Budgetary Entry

DR 4801 Undelivered Orders - Obligations, Unpaid 800

CR 4901 Delivered Orders - Obligations, Unpaid 800

Proprietary Entry

DR 6100 Operating Expenses/Program Costs 800

CR 2110 Accounts Payable 800

DR 3107 Unexpended Appropriations - Used 800

 CR 5700 Expended Appropriations 800

TC 

B302

TC

B134

3. To record a valid disbursement.

Year 2

Budgetary Entry

DR 4901 Delivered Orders – Obligations – Unpaid 800

CR 4902 Delivered Orders- Obligations, Paid. 800

Proprietary Entry

DR 2110 Accounts Payable 800

CR 1010 Fund Balance with Treasury 800

TC 

B110
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 12 of 33 September 2002

 

Definite Borrowing Authority

Pre - Closing Trial Balance

Year 2

USSGL Account Debit Credit

Budgetary

4119

4149

4140

4450

4902

Total

Proprietary

3101

3107

5700

6100

Total

 800

 1,000

 

 

 0

 1,800

 

 800

 800

 0

 1,600

 

 

 800

 200 

 800

 1,800

 800

 

 800

 1,600
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 13 of 33 September 2002

 

Definite Borrowing Authority

SF 133: Report On Budget Execution And Budgetary Resources 

Year 2

BUDGETARY RESOURCES 

1. Budget authority

 A. Appropriations (4119E) 800

 B. Borrowing authority (4141E) 0

2. Unobligated balance:

A. Beginning of period (4149B+4201B+4801B+4901B) 200

6. Permanently not available:

 D. Other authority withdrawn (4140E) (800)

7. Total budgetary resources 200

STATUS OF BUDGETARY RESOURCES

9. Obligations incurred:

A. Direct (4801E-B + 4901E-B + 4902E) 0

10. Unobligated balance not available:

D. Other (4450E) 200

11. Total status of budgetary resources 1,000

RELATIONSHIP OF OBLIGATIONS TO OUTLAYS

12. Obligated balance, net as of October 1 (4801B + 4901B) 800

13. Obligated balance transferred, net 

14. Obligated balance, net, end of period:

 C. Undelivered orders (4801E) 0

 D. Accounts payable (4901E) 0

15. Outlays:

 A. Disbursements (4902E) 800

Definite Borrowing Authority

USSGL-2108 Year End Closing Statement

Year 2

(Record Type 7 – .951 Authority to Borrow from the Treasury) Main B.A. 

Col. 2 Balance of borrowing authority (4149B) 1,000

Col. 3 Increases and rescissions (4141E+4140E) (800)

Col. 4 Borrowings (4145E) 0 

Col. 5 N/A 0

Col. 6 Balance (4141E+ 4140E+4149B) calc (2+3-4-5) 200

Col. 9 Undelivered Orders (4801E) 0 

Col. 10 Accounts Payable and Other Liabilities (4901E) 0 

Col. 11 Unobligated Balance calc (5+6+7+8 = 9+10+11) (4450E) 200 
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 14 of 33 September 2002

 

Definite Borrowing Authority 

Program And Financing (Schedule P)

Year 2

TOTAL NEW OBLIGATIONS:

1000 Total New Obligations (4801E-B + 4901E-B + 4902E) 0

BUDGETARY RESOURCES AVAILABLE FOR OBLIGATION:

2140 Unobligated balance carried forward, start of year (4139B+4201B+4801B) 200

2200 New budget authority (gross) (Sum lns. 4000...6990) 0

2270 Balance of authority to borrow withdrawn (4144E) 0

2390 Total budgetary resources available for obligation (sum 2140 through 2385) 200

2395 Total new obligations (-) 0

2440 Unobligated balance carried forward, end of year (4450E) 200

NEW BUDGETARY AUTHORITY (GROSS), DETAIL:

Mandatory:

6000 Appropriation (4119E) 800

6053 Portion substituted for borrowing authority (-) (4140E) 

 (Domain value of "P" for authority type) (800) 

6250 Appropriation (sum lines 6000 through 6200) 0

6710 Authority to borrow (4141E) 0

CHANGE IN OBLIGATED BALANCES:

7240 Obligated balance, start of year (4801B+4901B) 800 

7310 Total new obligations 0

7320 Total outlays (gross) (-) (4902E) (800)

7440 Obligated balance, end of year (4801E+4901E) 0 

OUTLAYS (GROSS), DETAIL:

8697 Outlays from new mandatory authority (4802E-B +4902E) 0

8698 Outlays from mandatory balances (4802E-B + 4902E) 800 

8700 Total outlays (4802E-B+ 4902E) 800

NEW BUDGET AUTHORITY AND OUTLAYS:

8900 Budget authority (net) 0

9000 Outlays (net) 800 
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 15 of 33 September 2002

 

Definite Borrowing Authority 

Balance Sheet

Year 2

Assets 

Intragovernmental

1. Fund Balance with Treasury (1010E) 0

15. Total assets 0

Liabilities

Intragovernmental

16. Accounts payable (2110E) 0

27. Total liabilities 0

Net Position

 29. Unexpended appropriation (3100E) 0

 30. Cumulative Results of Operations (3310E) 0

 31. Total net position 0

32. Total liabilities and net position 0

Definite Borrowing Authority

Statement of Net Cost

Year 2

Program Costs

1. Intragovernmental gross costs (6100E) 800

2. Less: Intragovernmental earned revenue 0

3. Intragovernmental net costs 800

10. Total net costs of operations 800
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 16 of 33 September 2002

 

Definite Borrowing Authority

Statement of Changes in Net Position

Year 2

Cumm. Results Unexp. Approp. 

1. Beginning Balance (3100E and 3310E) 0 0

3. Beginning Balance as adjusted 0 0

Budgetary Financing Sources:

4. Appropriations received (3101E) 800

7. Appropriations used (3107E) (5700E) 800 (800)

 16. Total Financing Sources 800 0

17. Net Cost of Operations 800 0

18. Ending Balances 800 0

Definite Borrowing Authority

Statement of Financing

Year 2

Resources Used to Finance Activities

Budgetary Resources Obligated

1. Obligations incurred (4801E-B+4902E) 0

11. Total resources used to finance activities 0

12. Change in budgetary resources obligated for goods, services and benefits

Ordered but not yet provided (4801E-B) 800

17. Total resources used to finance items not part of the net cost of operations 800

1. Total resources used to resources used to finance net 

 cost of operations (lines 11-17) 0

30. Net Cost of Operations 800
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 17 of 33 September 2002

 

Definite Borrowing Authority

Closing Entries - Year 2

4. Consolidation of actual net-funded resources.

Year 2

Budgetary Entry

DR 4201 Total Actual Resources Collected 800

CR 4119 Other Appropriations Realized 800

TC 

F204

5. Closing of fiscal year borrowing authority.

Year 2

Budgetary Entry

DR 4140 Substitution of Borrowing Authority 800

 DR 4149 Borrowing Authority Carried Forward 800

TC 

F208

6. Closing of expended authority - paid.

Year 2

Budgetary Entry

DR 4902 Expended Authority-Paid 800

CR 4201 Total Actual Resources Collected 800

TC 

F214

7. Closing of fiscal year activity that increases unexpended appropriations.

Year 2

Proprietary Entry

DR 3101 Unexpended Appropriations - Appropriations Received 800

 CR 3100 Unexpended Appropriations - Cumulative 800

DR 3100 Unexpended Appropriations - Cumulative 800 

 CR 3107 Unexpended Appropriations - Used 800

TC 

F233
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 18 of 33 September 2002

 

Definite Borrowing Authority

Post Closing Trial Balance

Year 2

USSGL Account Debit Credit

Budgetary

4149

4450

Total

 200

 0

 200

 

 200

 200
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 19 of 33 September 2002

 

Scenario B:

Indefinite Borrowing Authority - Portion Substituted for Borrowing 

Authority (Appropriation)

Indefinite Borrowing Authority - Year 1

1. To record the estimate of borrowing to cover obligations for the current year.

Year 1

Budgetary Entry

DR 4042 Estimated Borrowing Authority 1,000

CR 4450 Unapportioned Authority 1,000

TC 

A162

2. To record allotment of borrowing authority. 

 Year 1

Budgetary Entry

DR 4450 Unapportioned Authority 800

CR 4510 Apportionments 800

TC 

A116

3. To record borrowing authority previously estimated.

Year 1

Budgetary Entry

DR 4510 Apportionments 800

CR 4610 Allotments - Realized Resources 800

TC 

A120

4. To record an unexpended obligation for authority previously allotted and the realization of borrowing 

authority. 

Year 1

Budgetary Entry

a. DR 4610 Allotments Realized Resources 800

CR 4801 Undelivered Orders – Obligations, Unpaid 800

b. DR 4141 Current Year Borrowing Authority Realized 800

CR 4032 Estimated Borrowing Authority 800

TC 

B204

TC 

A154
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 20 of 33 September 2002

 

Indefinite Borrowing Authority 

Adjusting Entry - Year 1

5. To adjust the estimated borrowing authority to zero and record a reduction of indefinite borrowing 

authority not needed to incur obligations. 

Year 1

Budgetary Entry

a. DR 4141 Current Year Borrowing Authority Realized 200

CR 4042 Estimated Borrowing Authority 200

b. DR 4450 Unapportioned Authority 200

CR 4143 Reduction of Borrowing Authority 200

New

TC

A154

TC 

A160

Indefinite Borrowing Authority

Pre - Closing Trial Balance

Year 1

USSGL Account Debit Credit

Budgetary

4141

4143

4801

Total

 1,000

 

 0

 1,000

 

 200

 800

 1,000
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 21 of 33 September 2002

 

Indefinite Borrowing Authority

SF 133: Report On Budget Execution And Budgetary Resources 

Year 1

BUDGETARY RESOURCES 

1. Budget authority

 B. Borrowing authority (4141E) 1,000

6. Permanently not available:

 D. Other Authority Withdrawn (4143E) ( 200)

7. Total budgetary resources 800

STATUS OF BUDGETARY RESOURCES

8. Obligations incurred:

 A. Direct (4801E-B + 4901E-B + 4902E) 800

10. Unobligated balance not available:

D. Other (4450E) 0

11. Total status of budgetary resources 800

RELATIONSHIP OF OBLIGATIONS TO OUTLAYS

12. Obligated balance, net as of October 1 (4801B + 4901B)

13. Obligated balance transferred, net 

14. Obligated balance, net, end of period:

C. Undelivered orders (4801E) 800

D. Accounts payable (4901E) 0

15. Outlays:

 A. Disbursements (4902E) 0

Indefinite Borrowing Authority

USSGL-2108 Year End Closing Statement

Year 1

(Record Type 7 – .951 Authority to Borrow from the Treasury) Main B.A. 

Col. 2 Balance of borrowing authority (4149B) 

Col. 3 Increases (4141E) 1 ,000

Col. 4 Borrowings (4145E) 

Col. 5 Adjustments (4143E) (200)

Col. 6 Balance (4141E+ 4143E+4145E+4149B) calc (2+3-4-5) 800

Col. 9 Undelivered Orders (4801E) 800 

Col. 10 Accounts Payable and Other Liabilities (4901E) 0 

Col. 11 Unobligated Balance calc (5+6+7+8 = 9+10+11) (4450E) 0 
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 22 of 33 September 2002

 

Indefinite Borrowing Authority 

Program And Financing (Schedule P)

Year 1

TOTAL NEW OBLIGATIONS:

1000 Total New Obligations (4801E-B + 4901E-B + 4902E) 800

BUDGETARY RESOURCES AVAILABLE FOR OBLIGATION:

2140 Unobligated balance carried forward, start of year 0

2200 New budget authority (gross) (Sum lns. 4000...6990) 800

2270 Balance of authority to borrow withdrawn (4144E) 0

2390 Total budgetary resources available for obligation (sum 2140 through 2385) 800

2395 Total new obligations (-) (800)

2440 Unobligated balance carried forward, end of year (4450E) 0

NEW BUDGETARY AUTHORITY (GROSS), DETAIL:

Mandatory:

6000 Appropriation (4119E) 0

6053 Portion substituted for borrowing authority (-) (4140E) 0 

6250 Appropriation (total) 0

6710 Authority to borrow (4141E +4143E) 800

CHANGE IN OBLIGATED BALANCES:

7240 Obligated balance, start of year (4801E+4901E) 0 

7310 Total new obligations 800

7320 Total outlays (gross) (-) (4902E) 0

7440 Obligated balance, end of year (4801E+4901E) 800

OUTLAYS (GROSS), DETAIL:

8697 Outlays from new mandatory authority (4802E-B+4902E) 0

8698 Outlays from mandatory balances (4802E-B + 4902E) 0 

8700 Total outlays (4802E-B + 4902E) 0

NEW BUDGET AUTHORITY AND OUTLAYS:

8900 Budget authority (net) 800

9000 Outlays (net) 0 
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 23 of 33 September 2002

 

Indefinite Borrowing Authority 

Balance Sheet

Year 1

Assets 

Intragovernmental

1. Fund Balance with Treasury (1010E) 0

15. Total assets 0

Liabilities

Intragovernmental

16. Accounts payable (2110E) 0

27. Total liabilities 0

Net Position

 29. Unexpended appropriation (3100E) 0

 30. Cumulative Results of Operations (3310E) 0

 31. Total net position 0

 32. Total liabilities and net position 0

Indefinite Borrowing Authority

Statement of Net Cost

Year 1

Program Costs

1. Intragovernmental gross costs (6100E) 0

2. Less: Intragovernmental earned revenue 0

3. Intragovernmental net costs 0

10. Total net costs of operations 0

Indefinite Borrowing Authority

Statement of Changes in Net Position

Year 1

Cumm. Results Unexp. Approp. 

1. Beginning Balance (3100E and 3310E) 0 0

3. Beginning Balance as adjusted 0 0

Budgetary Financing Sources:

4. Appropriations received (3101E) 0

7. Appropriations used (3107E) (5700E) 0 (0)

 16. Total Financing Sources 0 0

17. Net Cost of Operations 0 0

18. Ending Balances 0 0
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 24 of 33 September 2002

 

Indefinite Borrowing Authority

Statement of Financing

Year 1

Resources Used to Finance Activities

Budgetary Resources Obligated

1. Obligations incurred (4801E-B) 800

11. Total resources used to finance activities 800

12. Change in budgetary resources obligated for goods, services and benefits

Ordered but not yet provided (4801E-B) (800)

17. Total resources used to finance items not part of the net cost of operations (800)

2. Total resources used to resources used to finance net 

 cost of operations (lines 11-17) 0

30. Net Cost of Operations 0
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 25 of 33 September 2002

 

Indefinite Borrowing Authority

Closing Entry - Year 1

6. Closing of fiscal year borrowing authority.

Year 1

Budgetary Entry

DR 4143 Reduction of Borrowing Authority 200

DR 4149 Borrowing Authority Carried Forward 800

CR 4141 Current Year Borrowing Authority Realized 1,000

TC 

F208

Indefinite Borrowing Authority

Post - Closing Trial Balance

Year 1

USSGL Account Debit Credit

Budgetary

4149

4801

Total

 800

 0

 800

 

 800

 800
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 26 of 33 September 2002

 

Indefinite Authority -Year 2

1. Downward adjustment of prior year obligation due to a recovery of $200. 

Year 2

Budgetary Entry

a. DR 4871 Downward Adjustments of Prior-Year Unpaid

 Undelivered Orders-Obligations, Recoveries 200

CR 4450 Unapportioned Authority 200

b. DR 4450 Unapportioned Authority 200

CR 4144 Borrowing Authority Withdrawn 200

TC

D134

New

TC 

D138

2. Agency has borrowing authority that was carried forward from year one. Based on an appropriation 

or authorizing language, the agency received an appropriation to liquidate obligations initially 

incurred against authority to borrow when the borrowing was not exercised. 

Year 2

Budgetary Entry

DR 4119 Other Appropriations Realized 600

CR 4140 Substitution of Borrowing Authority 600

Proprietary Entry

DR 1010 Fund Balance with Treasury 600

CR 3101 Unexpended Appropriations - Appropriation Received 600

New

TC 

A155

3. To record the delivery of goods and accrue a liability. To record appropriations used for the fiscal 

year. 

Year 2

Budgetary Entry

DR 4801 Undelivered Orders - Obligations, Unpaid 600

CR 4901 Delivered Orders - Obligations, Unpaid 600

Proprietary Entry

DR 6100 Operating Expenses/Program Costs 600

CR 2110 Accounts Payable 600

DR 3107 Unexpended Appropriations - Used 600

 CR 5700 Expended Appropriations 600

TC 

B302

TC

B134
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 27 of 33 September 2002

 

4. To record a valid disbursement.

Year 2

Budgetary Entry

DR 4901 Delivered Orders – Obligations – Unpaid 600

CR 4902 Delivered Orders- Obligations, Paid. 600

Proprietary Entry

DR 2110 Accounts Payable 600

CR 1010 Fund Balance with Treasury 600

TC 

B110

Indefinite Borrowing Authority

Pre - Closing Trial Balance

Year 2

USSGL Account Debit Credit

Budgetary

4119

4149

4140

4144

4801

4871

4902

Total

Proprietary

3101

3107

5700

6100

Total

 600

 800

 

 200 

 0

 1,600

 

 800

 800

 0

 1,600

 

 

 600

 200 

 200

 600

 1,600

 800

 

 800

 1,600
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 28 of 33 September 2002

 

Indefinite Borrowing Authority

SF 133: Report On Budget Execution And Budgetary Resources 

Year 2

BUDGETARY RESOURCES 

1. Budget authority

 A. Appropriations (4119E) 600

 B. Borrowing authority (4141E) 0

2. Unobligated balance:

 A. Beginning of period (4149B+4210B+4801B+4901B) 0

4. Recoveries or prior year obligations:

 A. Actual (4871E) 200 

6. Permanently not available:

 D. Other authority withdrawn (4140E+4144E) (800)

7. Total budgetary resources 0

STATUS OF BUDGETARY RESOURCES

8. Obligations incurred:

 A. Direct (4801E-B + 4901E-B + 4902E) 0

10. Unobligated balance not available:

 D. Other (4450E) 0

11. Total status of budgetary resources 0

RELATIONSHIP OF OBLIGATIONS TO OUTLAYS

12. Obligated balance, net as of October 1 (4801B + 4901B) 800

13. Obligated balance transferred, net 

14. Obligated balance, net, end of period:

 C. Undelivered orders (4801E+4871E) 0

 D. Accounts payable (4901E) 0

15. Outlays:

A. Disbursements (4902E) 600

Indefinite Borrowing Authority

FMS-2108 Year End Closing Statement

Year 2

(Record Type 7 – .951 Authority to Borrow from the Treasury) Main C.A. 

Col. 2 Balance of borrowing authority (4149B) 800

Col. 3 Increases (4141E) 0

Col. 4 Borrowings (4145E) 0

Col. 5 Adjustments (4140E+4144E) (800)

Col. 6 Other Authorizations (4141E+ 4140E+4149B) calc (2+3-4-5) 0

Col. 9 Undelivered Orders (4801E+4871E) 0 

Col. 10 Accounts Payable and Other Liabilities (4901E) 0 

Col. 11 Unobligated Balance calc (5+6+7+8 = 9+10+11) (4450E) 0 
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 29 of 33 September 2002

 

Indefinite Borrowing Authority 

Program And Financing (Schedule P)

Year 2

TOTAL NEW OBLIGATIONS:

1000 Total New Obligations (4801E-B + 4901E-B + 4902E) 0

BUDGETARY RESOURCES AVAILABLE FOR OBLIGATION:

2140 Unobligated balance carried forward, start of year (4149B+4201B+4801B) 0

2200 New budget authority (gross) (Sum lns. 4000...6990) 0

2210 Resources available from recoveries of prior year obligations (4871E) 200

2275 Balance of authority to borrow withdrawn (4144E) (200)

2390 Total budgetary resources available for obligation (sum 2140 through 2385) 0

2395 Total new obligations (-) 0

2440 Unobligated balance carried forward, end of year (4450E) 0

NEW BUDGETARY AUTHORITY (GROSS), DETAIL:

Mandatory:

6000 Appropriation (4119E) 600

6053 Portion substituted for borrowing authority (-) (4140E) 

 (domain value of "P" for authority type) (600) 

6250 Appropriation (sum lines 6000 through 6200) 0

6710 Authority to borrow (4141E) 0

CHANGE IN OBLIGATED BALANCES:

7240 Obligated balance, start of year (4801E+4901E) 800 

7310 Total new obligations 0 

7320 Total outlays (gross) (-) (4902E) (600)

7345 Recoveries of prior obligations (4871E) (200)

7440 Obligated balance, end of year (4801E+4901E) 0

OUTLAYS (GROSS), DETAIL:

8697 Outlays from new mandatory authority (4802E-B+4902E) 0

8698 Outlays from mandatory balances (4802E-B + 4902E) 600 

8700 Total outlays (4802E-B+ 4902E) 600

NEW BUDGET AUTHORITY AND OUTLAYS:

8900 Budget authority (net) 0

9000 Outlays (net) 600 
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 30 of 33 September 2002

 

Indefinite Borrowing Authority 

Balance Sheet

Year 2

Assets 

Intragovernmental

1. Fund Balance with Treasury (1010E) 0

15. Total assets 0

Liabilities

Intragovernmental

16. Accounts payable (2110E) 0

27. Total liabilities 0

Net Position

 29. Unexpended appropriation (3100E) 0

 30. Cumulative Results of Operations (3310E) 0

 31. Total net position 0

32. Total liabilities and net position 0

Indefinite Borrowing Authority

Statement of Net Cost

Year 2

Program Costs

1. Intragovernmental gross costs (6100E) 600

2. Less: Intragovernmental earned revenue 0

3. Intragovernmental net costs 600

10. Total net costs of operations 600
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 31 of 33 September 2002

 

Indefinite Borrowing Authority

Statement of Changes in Net Position

Year 2

Cumm. Results Unexp. Approp. 

1. Beginning Balance (3100E and 3310E) 0 0

3. Beginning Balance as adjusted 0 0

Budgetary Financing Sources:

4. Appropriations received (3101E) 600

7. Appropriations used (3107E) (5700E) 600 (600)

 16. Total Financing Sources 600 0

17. Net Cost of Operations 600 0

18. Ending Balances 600 0

Indefinite Borrowing Authority

Statement of Financing

Year 2

Resources Used to Finance Activities

Budgetary Resources Obligated

1. Obligations incurred (4801E-B+4902E) 0

11. Total resources used to finance activities 0

12. Change in budgetary resources obligated for goods, services and benefits

Ordered but not yet provided (4801E-B) 600

17. Total resources used to finance items not part of the net cost of operations 600

3. Total resources used to resources used to finance net 

 cost of operations (lines 11-17) 0

30. Net Cost of Operations 600
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 32 of 33 September 2002

 

Indefinite Borrowing Authority

Closing Entries - Year 2

5. Consolidation of actual net-funded resources.

Year 2

Budgetary Entry

DR 4201 Total Actual Resources Collected 600

CR 4119 Other Appropriations Realized 600

TC 

F204

6. Closing of fiscal year borrowing authority.

Year 2

Budgetary Entry

DR 4140 Substitution of Borrowing Authority 600

DR 4144 Borrowing Authority Withdrawn 200

 DR 4149 Borrowing Authority Carried Forward 800

TC 

F208

7. Closing of related downward adjustments to unpaid unexpended obligations.

Year 2

Budgetary Entry

DR 4801 Undelivered Orders - Obligations, Unpaid 200

CR 4871 Downward Adjustments of Prior-Year Unpaid

Undelivered Orders - Obligations, Recoveries 200

TC 

F227

8. Closing of expended authority - paid.

Year 2

Budgetary Entry

DR 4902 Expended Authority-Paid 600

CR 4201 Total Actual Resources Collected 600

TC 

F214

9. Closing of fiscal year activity that increases unexpended appropriations.

Year 2

Proprietary Entry

DR 3101 Unexpended Appropriations - Appropriations Received 600

 CR 3100 Unexpended Appropriations - Cumulative 600

DR 3100 Unexpended Appropriations - Cumulative 600 

 CR 3107 Unexpended Appropriations - Used 600

TC 

F233
Portion Substituted for Borrowing Authority

(Appropriation)

Scenario

Page 33 of 33 September 2002

 

Indefinite Borrowing Authority

Post Closing Trial Balance

Year 2

USSGL Account Debit Credit

No Balances