01/13/16

***Advance funding****is the appropriation of budget authority provided in an appropriation act to be used, if necessary, to cover obligations incurred late in the fiscal year for benefit payments in excess of the amount specifically appropriated in act for that year, where budget authority is charged to the appropriation for the program for the fiscal year following the fiscal year for which the appropriation act is passed.  When such budget authority is used, the budget records an increase in the budget authority for the fiscal year in which it is used and a reduction in the budget authority for the following fiscal year.*

*For example, advance funding authority was requested in the 2002 (Year 1) Budget to cover the following benefit payments:  special benefits, federal unemployment benefits and allowances, veterans insurance and indemnities, compensation and pensions and re-adjustment benefits.*

1. To record the enactment of an annual appropriation and receipt of warrant.  

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

3. To record allotment of authority.  

4. Purchase request for $250, was approved.  (Commitment)

5. To record current-year undelivered orders without an advance.

###### June, Year 1

Determined that the amount appropriated for federal unemployment benefit and allowance expenses will exceed obligations incurred by $1,500.  An advancement of funding is necessary to cover excess obligations.  

6. To record the receipt of a warrant for advance funding to cover excess obligations.

7. To record budgetary authority apportioned by OMB and available for allotment.  

8. To record allotment of authority.  

9. To record the accrued benefit at the end of the accounting period for unpaid estimated costs incurred (employer agency).

10. Payment schedule certified and confirmed for benefit expense.

11. To record the delivery of goods and accrue a liability (related to #5).

12. Payment schedule certified and confirmed.

**Pre - Closing Adjusted Trial Balance**

**YEAR 1**

**Closing Entries**

1. To record the closing of revenue, expense and other financing source accounts to cumulative results of operations.

2. To record the consolidation of actual net-funded resources.

3. To record the closing of Expended Authority - Paid.

4. To record closing of fiscal year activity that increases unexpended appropriations.

5. To record closing of unobligated balances to expiring authority.

**Post – Closing Trial Balance**

**YEAR 1**

###### SF 133:  REPORT ON BUDGET EXECUTION AND BUDGETARY RESOURCES (YEAR-END)

# YEAR 1

## BUDGETARY RESOURCES 

1. Budget Authority

      A.  Appropriations (4119E)2,500

7. **Total Budgetary Resources**2,500

## STATUS OF BUDGETARY RESOURCES

##### 8. Obligations Incurred:

#####       A.  Direct (4902E)2,250

9. Unobligated Balance:  

      A.  Apportioned

            1. Balance, Currently Available (4610E)    250

11. **Total Status of Budgetary Resources**2,500

## RELATIONSHIP OF OBLIGATIONS TO OUTLAYS

15. Outlays 

      A.  Disbursements (4902E)2,250

**USSGL 2108 Year-end Closing Statement**

**YEAR 1**

### Column 5   Postclosing Unexpended Balance (1010E)250

Column 11 Unobligated Balance (4610E)250

**Department/Agency/Reporting Entity**

**CONSOLIDATED BALANCE SHEET**

**As of September 30, Year 1**

**(in dollars/thousands/millions)**

**Assets (Note 2)**

###### Intragovernmental Assets:

1. Fund Balance With Treasury (Note 3) (1010E)250

6. Total Intragovernmental Assets250

15. Total Assets250

**Liabilities (Note 12)**

27. Total Liabilities    0

**Net position:**

            29. Unexpended Appropriations (Note 20) (3100E)250

            30. Cumulative Results of Operations (3310E)    0

31. Total Net Position250

32. Total Liabilities and Net Position250

# Department/Agency/Reporting Entity

**CONSOLIDATED STATEMENT OF NET COST**

**For the year ended September 30, Year 1**

**(in dollars/thousands/millions)**

**Program Costs:**

Program A:

1. Intragovernmental Gross Costs (6100E & 6400E)2,250

3. Intragovernmental Net Costs2,250

7. Total Net Costs2,250

10.  Net Cost of Operations2,250

**Department/Agency/Reporting Entity**

**CONSOLIDATED STATEMENT OF CHANGES IN NET POSITION**

**For the year ended September 30, Year 1**

**(in dollars/thousands/millions)**

Cumulative Results  Unexpended

of OperationsAppropriations

**Budgetary Financing Sources:**

4. Appropriations Received (3101E)                          02,500

7. Appropriations Used (3107/5700E)2,250(2,250)

**Other Financing Sources:**

16. Total Financing Sources2,250   250

17. Net Cost of Operations2,250       0

18. Ending Balances       0   250

# Department/Agency/Reporting Entity

**COMBINED STATEMENT OF FINANCING**

**For the year ended September 30, Year 1**

**(in dollars/thousands/millions)**

**Resources Used to Finance Activities:**

**Budgetary Resources Obligated**

1. Obligations Incurred (4902E)2,250

5. Net Obligations (3-4)2,250

11. Total Resources Used to Finance Activities (5+10)2,250

**Resources Used to Finance Items Not Part of the Net Cost of Operations**

17. Total Resources Used to Finance Items

Not Part of the Net Cost of Operations (12..16)       0

18. Total Resources Used to Finance the 

Net Cost of Operations (11-17)2,250

**Components of the Net Cost of Operations That Will Not Require**

**Or Generate Resources in the Current Period:**

29. Total Components of the Net Cost of Operations 

That Will Not Require Or Generate Resources in 

the Current Period       0

30. Net Cost of Operations (18+29)2,250

**BUDGET PROGRAM AND FINANCING (P&F) SCHEDULE PRIOR-YEAR ACTUAL COLUMN FOR YEAR 1 REPORTING**

##### OBLIGATIONS BY PROGRAM ACTIVITY

1000 Total new obligations (4902E)2,250

##### BUDGETARY RESOURCES AVAILABLE FOR OBLIGATION

2200 New budget authority, (gross) (sum 4000...6962)2,500

2395 Total new obligations (same as 1000, opposite sign)                                   (2,250)

2398 Unobligated balance expiring or withdrawn (4610E)                                     (250)

##### NEW BUDGET AUTHORITY (GROSS), DETAIL

4000 Appropriation (4119E)1,000

4028 Appropriation available from subsequent year (4119E) (Advance Flag ~ F)1,500

4300 Appropriation (total discretionary) (sum 4000...4200)2,500

##### CHANGE IN OBLIGATED BALANCES

7310 Total new obligations (same as 1000)2,250

7320 Total outlays (gross) (4902E)                                                                              (2,250)

##### OUTLAYS (GROSS), DETAIL

8690 Outlays from new discretionary authority (4902E)2,250

### NET BUDGET AUTHORITY AND OUTLAYS

8900 Budget authority (net) (sum 2200-(8800..8845), 8895, 8896)2,500

9000 Outlays (net) (sum (8690..8698) – (8800..8845))2,250

**Beginning Trial Balance**

**YEAR 2**

1. To record a reduction in authority for advance funding made available in the previous year.

2. To record the enactment of an appropriation and receipt of warrant.  

3. To record budgetary authority apportioned by OMB and available for allotment.  

4. To record allotment of authority.  

5. Purchase request for $500, was approved. (Commitment)

6. To record current-year undelivered orders without an advance.

7. To record the delivery of goods and accrue a liability.

8. Payment schedule certified and confirmed.

**Pre - Closing Adjusted Trial Balance**

**YEAR 2**

###### Closing Entries

1. To record the closing of revenue, expense and other financing source accounts to cumulative results of operations.

2. To record the consolidation of actual net-funded resources.

3. To record the closing of Expended Authority - Paid.

4. To record closing of fiscal year activity that increases unexpended appropriations.

**Post - Closing Trial Balance**

**YEAR 2**

**SF133:  REPORT ON BUDGET EXECUTION AND BUDGETARY RESOURCES (YEAR-END)**

# YEAR 2

## BUDGETARY RESOURCES 

1. Budget Authority

      A. Appropriations received (4119E)500

2. Unobligated Balance

A. Brought Forward, Oct. 1 (4201B)250

7. **Total Budgetary Resources**750

## STATUS OF BUDGETARY RESOURCES

##### 8. Obligations Incurred:

##### A. Direct (4902E)500

10. Unobligated Balance Not Available 

D. Other (4650E)250

11. **Total Status of Budgetary Resources**750

## RELATIONSHIP OF OBLIGATIONS TO OUTLAYS

15. Outlays 

a. Disbursements (4902E)500

**USSGL 2108 Year-end Closing Statement**

**YEAR 2**

### Column 5 Postclosing Unexpended Balance (1010E)     250

Column 11 Unobligated Balance (4650E)     250

**Department/Agency/Reporting Entity**

**CONSOLIDATED BALANCE SHEET**

**As of September 30, Year 2**

**(in dollars/thousands/millions)**

**Assets (Note 2)**

###### Intragovernmental Assets:

1. Fund Balance With Treasury (1010E)250

15. Total Assets250

**Liabilities (Note 12)**

27. Total Liabilities    0

**Net position:**

            29. Unexpended Appropriations (Note 20) (3100E)250

31. Total Net Position250

32. Total Liabilities and Net Position250

**Department/Agency/Reporting Entity**

**CONSOLIDATED STATEMENT OF NET COST**

**For the year ended September 30, Year 2**

**(in dollars/thousands/millions)**

**Program Costs:**

Program A:

1. Intragovernmental Gross Costs (6100E)500

3. Total Net Costs500

5.   Less:  Earned Revenue from Public    0

7.   Total Costs500

10.  Net Cost of Operations500

# Department/Agency/Reporting Entity

**CONSOLIDATED STATEMENT OF CHANGES IN NET POSITION**

**For the year ended September 30, Year 2**

**(in dollars/thousands/millions)**

Cumulative Results  Unexpended

of OperationsAppropriations

1. Beginning Balances (3100 B)                               0  250

2. Prior Period  Adjustments                                  0                                 0

3. Beginning Balances,  As Adjusted                     0             250

**Budgetary Financing Sources:**

4. Appropriations Received (3101 E)                     0  500

7. Appropriations Used (3107/5700E)     500  (500)

**Other Financing Sources:**

16. Total Financing Sources   500   250

17. Net Cost of Operations   500       0

18. Ending Balances       0   250

# Department/Agency/Reporting Entity

**COMBINED STATEMENT OF FINANCING**

**For the year ended September 30, Year 2**

**(in dollars/thousands/millions)**

**Resources Used to Finance Activities:**

**Budgetary Resources Obligated**

1. Obligations Incurred (4902 E)500

5. Net Obligations (3-4)500

11. Total Resources Used to Finance Activities (5+10)500

**Resources Used to Finance Items not Part of the Net Cost of Operations**

15. Resources that Finance the Acquisition of Assets    0

17. Total Resources Used to Finance Items

Not Part of the Net Cost of Operations (12..16)    0

18. Total Resources Used to Finance the 

Net Cost of Operations (11-17)500

**Components of the Net Cost of Operations That Will Not Require**

**Or Generate Resources in the Current Period:**

29. Total Components of the Net Cost of Operations 

That Will Not Require Or Generate Resources in 

the Current Period     0

30. Net Cost of Operations (18+29)     500

**BUDGET PROGRAM AND FINANCING (P&F) SCHEDULE PRIOR-YEAR ACTUAL COLUMN FOR YEAR 2 REPORTING**

##### OBLIGATIONS BY PROGRAM ACTIVITY

1000 Total new obligations (4902E)500

##### BUDGETARY RESOURCES AVAILABLE FOR OBLIGATION

2140 Unobligated balance carried forward, start of year   250

2200 New budget authority, (gross) (sum 4000...6962)500

2395 Total new obligations (sum as 1000, opposite sign)                                      (500)

2440 Unobligated balance carried forward, end of year                                   250  

##### NEW BUDGET AUTHORITY (GROSS), DETAIL

4000 Appropriation (4119E)2,000

4029 Appropriation available in prior year (4119E) (Advance Flag ~ P)(1,500)

4300 Appropriation (total discretionary) (sum 4000..4200)500

7000 Total new budget authority (gross) (sum 4000..6990)500

##### CHANGE IN OBLIGATED BALANCES

7310 Total new obligations (same as 1000)500

7320 Total outlays (gross) (4902E)                                                                    (500)

##### OUTLAYS (GROSS), DETAIL

8690****Outlays from new discretionary authority (4902E)500

### NET BUDGET AUTHORITY AND OUTLAYS

8900 Budget authority (net) (sum 2200 – (8800..8845), 8895,8896)500

9000 Outlays (net) (sum (8690..8698) – (8800..8845))500

� OMB Circular No. A-11 (2004), Section 20.3 &20.4(c).

� F ~ Advance from future year, as defined in TFM S2-05-01, Section IV.

� F ~ Advance from future year, as defined in TFM S2-05-01, Section IV.

�P ~ Advance in prior year, as defined in TFM S2-05-01, Section IV.

�P ~ Advance in prior year, as defined in TFM S2-05-01, Section IV.

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Original date:  11/29/01

Revised 6/17/05, per TFM S2 04-02, 2004 Crosswalks