**Scenario II D- Special/Trust Fund Rescissions**

**Available Receipt TAFS Automatically Appropriates to Expenditure TAFS**

**Corresponds to Trust Fund Guide Scenario V**

**Appropriation Rescinded but *no*t Cancelled**

**This scenario addresses Treasury managed trust fund allocation accounts and the corresponding Treasury corpus account.  Specifically, the transactions reflect receipts that are appropriated to the corpus account and are temporarily precluded from obligation at year-end, as well as, transfers that result in receivables and payables between the allocation and corpus accounts.  USSGL account 4382 Rescissions – New Budget Authority - Special and Trust TAFS designated by Treasury as “Available” and USSGL account 4168 Allocations of Realized Authority – Not to be transferred from Invested Balances – Rescinded are used in this scenario.**

USSGL account 4386 Authority Permanently Unavailable for Obligation Pursuant to Public Law in Special and Trust TAFS Designated by Treasury as “Available” must be used when OMB requires rescissions be reported on SF-133 line 6E and the associated Schedule P lines.  It is not appropriate to use USSGL account 4383 Rescission – Prior-Year Special and Trust TAFS Designated by Treasury as “Available” with this scenario since unobligated balances remaining at year-end are classified as precluded from obligation.  USSGL accounts 4382, 4386, and 4168 will be available for use in FY 2003.  USSGL account 4384 is available for use in FY 2002.

**YEAR 1**

**Fiscal Service Trust Fund Corpus AccountAgency Trust Fund Allocation Account**

1. **To record amounts anticipated by Agency for transfer from the Treasury account.  This is based upon an SF-132:  Apportionment and Reapportionment Request.  (TC A204)**

2. **To record receipts credited to the corpus account.  (Note:  This transaction combines the activity of the receipt and expenditure accounts.)  (TC A186)**

3. **To invest receipts in U.S. Treasury securities issued by the Bureau of the Fiscal Service at par value.  (TC B124)**

4. **To record apportionment of funds anticipated in transaction #1 based on an approved SF132.  (TC A116)**

5. **To record receivables/payables for the transfer of authority and financing sources.  This may be based upon an amount specified in an annual appropriation act, or based upon an agency’s authority to obligate.**

A. **To record payable in Fiscal Service account and receivable in agency account prior to the SF1151 Nonexpenditure Transfer Authorization request. (TC A223) and (TC A217)**

B. **To record allotment of full apportionment and to record obligations incurred. (TC A120, B202, B204)**

**6.  Record the rescission of $500 in the Agency TAFS and adjust receivable and payable between the related accounts.  (TC A221 and TC A218)**

**7. To record appropriated receipts temporarily precluded from obligation.  (TC A127)**

**PRE-CLOSING ADJUSTED TRIAL BALANCE YEAR 1**

**Fiscal ServiceAGENCY**

**Closing Entries**

8. **To reclassify the rescission.  (TC F248 and F247)**

9. **In the Fiscal Service TAFS, close appropriation to total actual resources collected.  (TC F204)   In both accounts close revenue and financing sources transferred to cumulative results of operations. (TC F228)**

**POST-CLOSING TRIAL BALANCE YEAR 1**

**Fiscal ServiceAGENCY**

**SF-2108YEAR 1Fiscal ServiceAgency**

**Column 5**101000

**Column 6**161010,0000

**Column 7**4166, 4168(6,000)6,000

**Column 9**480105,500

**Column 11**43974,0000

43820   500

**Columns 4+5+6+7+8-9-10 = Column 11Columns 4+5+6+7+8-9-10 = Column 11**

**Fiscal Service:  0+0+10,000+(6,000)+0+0 = 4,000Agency: 0+0+0+6,000+0-5,500=500**

**SF 133 Report on Budget Execution and Budgetary Resources Year 1**

**Fiscal ServiceAgencyTotal**

Line 1Budget authority

Line 1A  Appropriations  4114E10,000       010,000

Line 1DNet transfers 4166E-B, 4168E(6,000)6,000        0

Total Line 1 4,0006,00010,000

Line 5Temporarily not avail pursuant to P.L.4397 E-B(4,000)(4,000)

Line 6BEnacted rescissions 4382E     (500)(500)    

Line 6EPursuant to Public Law

Line 7Total budgetary resources05,5005,500

Line 8Obligations   4801 E-B05,5005,500

Line 11Total status of budgetary resources05,5005,500

Line 14CUndelivered orders 4801E05,5005,500

**Schedule N Unavailable Collections YR 1Fiscal ServiceAgency**

0199 Balance, start of year0N/AFrom prior year Schedule N, Line 0799

02XX Receipts10,000From Schedule R

0400 Total: balances & collections10,000SUM

05XX Appropriations (-)  (6,000)From Sch P, this scenario lines 6026 & 6045

0610 Unobligated balancesUse if rescinded & cancelled - do not use in 

 returned to receiptsscenario

0620 Reduction pursuant to Public Law     500Schedule P rescission and reduction lines

0799 Balance, end of year  4,500

**Schedule P Program and Financing YEAR 1Fiscal ServiceAgencyTotal**

2200 New Budget Authority (gross) (line 6250)        05,5005,500

6026 Appropriation (trust fund) (4114E) 10,00010,000

6035 Appropriation rescinded (-) (4382E)   (500)(500)

6045 Portion Precluded from obligation (-) (4397E-B)(4,000)(4,000)

6100 Transferred to other accounts (-) (4166E-B) (4168E)(6,000)(6,000)

6200 Transferred from other accounts (+) (4166E-B) (4168E6,0006,000

6250 Appropriation, (total)         05,5005,500

7240 Obligated Balance, soy (4801B)         0        00

7310 Total New Obligations (+) (line 1000) (4801E-B)         0 5,5005,500

7440 Obligated balance, eoy (4801E)         0 5,5005,500

8700 Total Outlays (gross)         0         00

8900 Budget Authority (net)0

9000 Outlays (net)          0         00

9201 Total Investments, soy: Federal securities (1610B)          0         00

9202 Total Investments, eoy: Federal securities (1610E)10,000         010,000

NOTE:  The corpus and agency accts submit separate FACTSII data but it is consolidated by OMB.

**Form and Content Balance Sheet YR 1Fiscal ServiceAgencyCombinedConsol**

Assets  

Intragovernmental

2. Investments 1610E 10,00010,000 10,000

3. Accounts receivable 1330E5,500  5,500          0

6. Total Intragovernmental10,0005,50015,50010,000

15. Total assets10,0005,50015,50010,000

Liabilities

Intragovernmental

16. Accounts payable 2150E5,5005,500         0       

19. Total intragovernmental5,5005,500         0

27. Total liabilities5,5005,500                  0

Net Position

30. Cumulative results of operations (3310E)4,5005,50010,00010,000

31. Total net position4,5005,50010,00010,000

32. Total liabilities and net position10,0005,50015,50010,000

**Form and Content Statement of Net Cost YR 1Fiscal ServiceAgencyCombinedConsol**

Program Costs

1. Intragovernmental gross costs

5.   Less:  Ernd rev f/ public (tax rev not on Net Cost)0000

6.   Net costs with the public0000

7.   Total net cost0000

10.  Net Cost of Operations0000

**Form and Content Statement of Changes in Net PositionReceipt YR 1**

Fiscal Service        Agency           Combined        Consolidated

CumResUnexApCumResUnexApCumResUnexApCumRes  UnexAp

Budgetary Financing Sources:

 8.  Nonexchange revenue (5800E)10,000000   10,000     0  10,000     0 

10. Transfers-in/out w/out reimburs

(5765E, 5755E)(5,500)       0   5,50000      00      0

16. Total Financing Sources4,5000   5,5000   10,000      0   10,000      0

17. Net Cost of Operations 0           0          000      00      0 

18. Ending Balances 4,5000   5,5000   10,000              0   10,000              0

**Form and Content Statement of Financing YR 1Fiscal ServiceAgencyCombinedConsolidated**

Resources used to Finance Activities:

Budgetary Resources Obligated

1.Obligations incurred 4801E-B05,5005,5005,500

3.Obligations net of offsetting collections & recoveries (1-2)05,5005,5005,500

4. Less: Offsetting receipts (5800E)(10,000)0(10,000)(10,000)

5. Net Obligations(3-4) 10,0005,50015,50015,500

11. Total resources used to finance activities 10,0005,50015,50015,500

Resources used to finance items not part of the net cost of operations:

12. Change in budgetary resources obligated for goods,

svcs & ben ordered but not yet provided(4801E-B)05,5005,5005,500

14. Budgetary offsetting collections and receipts that do not affect net cost of operations

14b. Other (5800E)10,000010,00010,000

17.Total resources used to finance items not 

part of the net cost of operations (12-16)10,0005,50015,50015,500

18. Total resources used to finance the net

Cost of operations(11-17)0000

30. Net Cost of Operations (18+29)0000

**YEAR 2**

**Fiscal Service Trust Fund Corpus AccountAgency Trust Fund Allocation Account**

**1.  To bring authority rescinded in prior-year (year 1) forward as current year authority.  (TC A108)**

**2. To record amounts anticipated by Agency for transfer from the Treasury account.  This is based upon an SF-132:  Apportionment and Reapportionment Request.  (TC A204)**

**3.To record receipts credited to the corpus account.  (Note:  This transaction combines the activity of the receipt and expenditure accounts.)  (TC A186)**

**4.To invest receipts in U.S. Treasury securities issued by the Bureau of the Fiscal Service at par value.  (TC B124)**

**5.To record apportionment of funds anticipated in transaction #1 based on an approved SF132.  (TC A116)**

**6.To record receivables/payables for the transfer of authority and financing sources.  This may be based upon an amount specified in an annual appropriation act, or based upon an agency’s authority to obligate.**

A. **To record payable in Fiscal Service account and receivable in agency account prior to the SF1151 Non-expenditure Transfer Authorization request. (TCA223) and (TCA217)**

B. **To record allotment of full apportionment and to record obligations incurred. (TC A120, B202, B204)**

**7.  Record the rescission of $500 in the Agency TAFS and adjust receivable and payable between the related accounts.  (TC A221 and TC A218)**

**8. To record appropriated receipts temporarily precluded from obligation.  (TC A127)**

**PRE-CLOSING ADJUSTED TRIAL BALANCE YEAR 2**

**Fiscal ServiceAGENCY**

**Closing Entries**

**9. To reclassify the rescission.  (TC F248 and TC F247)**

10. **In the Fiscal Service TAFS, close appropriation to total actual resources collected.  (TC F204)   In both accounts close revenue and financing sources transferred to cumulative results of operations. (TC F228)**

**POST-CLOSING TRIAL BALANCE YEAR 2**

**Fiscal ServiceAGENCY**

**SF-2108YEAR 2Fiscal ServiceAgency**

**Column 5**101000

**Column 6**1610E22,0000

**Column 7**4166E, 4168E(13,500)13,500

**Column 9**4801E013,000

**Column 11**4397E8,5000

4382E0      500

**Columns 4+5+6+7+8-9-10 = Column 11Columns 4+5+6+7+8-9-10 = Column 11**

**Fiscal Service:  0+0+22,000+(13,500)+0+0 = 8,500Agency: 0+0+0+13,500+0-13,500-0=500**

**SF 133 Report on Budget Execution and Budgetary Resources Year 2**

**Fiscal ServiceAgencyTotal**

Line 1Budget authority

Line 1A  Appropriations  4114E, 4384 (E-B)12,500       012,500

Line 1DNet transfers 4166E-B, 4168E-B(8,000)8,000        0

Total Line 1  4,5008,00012,500

Line 2A****Unobligated balance

(4166B+4201B+4384B+4397B+4801B) 00         0

Line 5Temporarily not avail pursuant to P.L. (-) 4397 E-B(4,500)(4,500)

Line 6BEnacted rescissions (-) 4382E     (500)   (500)    

Line 6EPursuant to Public Law

Line 7Total budgetary resources07,5007,500

Line 8Obligations 4801 E-B07,5007,500

Line 11Total status of budgetary resources07,5007,500

Line 14CUndelivered orders 4801E013,00013,000

**Schedule N Unavailable Collections YR 2Fiscal ServiceAgency**

0199 Balance, start of year  4,500N/AFrom prior year Schedule N, Line 0799

02XX Receipts12,000From Schedule R

0400 Total: balances & collections16,500SUM

05XX Appropriations (-)  (8,000)From Sch P, this scenario lines 6026 & 6045

0610 Unobligated balancesUse if rescinded & cancelled - do not use in 

 returned to receiptsscenario

0620 Reduction pursuant to Public Law     500Schedule P rescission and reduction lines

0799 Balance, end of year  9,000

**Schedule P Program and Financing YEAR 2Fiscal ServiceAgencyTotal**

1000 Total new obligations (line 7310) (4801E-B)7,5007,500

2140 Unob bal carried fwd, soy (+) 

(4201B+4384B+4394B+4801B)               0      0      0

2200 New budget authority (gross) (line 7000)       07,5007,500

2390 Total budgetary resources available for obligation

6026 Appropriation (trust fund) (4114E+4384E-B) 12,500      012,500

6035 Appropriation rescinded (-) (4382E)         0(500)(500)

6045 Portion precluded from obligation (-) (4397E-B)(4,500)(4,500)

6100 Transferred to other accounts (-) (4166E-B) (4168E)(8,000)(8,000)

6200 Transferred f/ other accounts (+) (4166E-B) (4168E)8,0008,000

6250 Appropriation, (total)         07,5007,500

7240 Obligated balance, soy (4801B)         05,5005,500

7310 Total new obligations (+) (line 1000) (4801E-B)         07,5007,500

7440 Obligated balance, eoy (4801E)         013,00013,000

8700 Total outlays (gross)         0         00

8900 Budget authority (net)         0   7,5007,500

9000 Outlays (net)         0         00

9201 Total investments, soy: Federal securities (1610B)10,000         010,000

9202 Total investments, eoy: Federal securities (1610E)22,000         022,000

NOTE:  The corpus and agency accts submit separate FACTSII data but they are consolidated by OMB.

**Form and Content Balance Sheet YR 2Fiscal ServiceAgencyCombinedConsol**

Assets  

Intragovernmental

2. Investments 1610E 22,00022,000 22,000

3. Accounts receivable 1330E13,00013,00013,000

6. Total Intragovernmental22,00013,00035,00035,000

15. Total assets22,00013,00035,00035,000

Liabilities

Intragovernmental

17. Accounts payable  2150E13,00013,00013,000       

19. Total intragovernmental13,00013,00013,000  

27. Total liabilities13,00013,00013,000

Net Position

30. Cumulative results of operations (3310E)9,00013,00022,00022,000

31. Total net position9,00013,00022,00022,000

32. Total liabilities and net position9,00013,00022,00022,000

**Form and Content Statement of Net Cost YR 2Fiscal ServiceAgencyCombinedConsol0**

Program Costs

11. Intragovernmental gross costs

5.   Less:  Ernd rev f/ public (tax rev not on Net Cost)0000

6.   Net costs with the public0000

7.   Total net cost0000

10.  Net Cost of Operations0000

**Form and Content Statement of Changes in Net PositionReceipt YR 2**

Fiscal Service        Agency           Combined        Consolidated

CumResUnexApCumResUnexApCumResUnexApCumRes  UnexAp

1.  Beginning Balance (3310B)4,5000   5,5000  10,000    0  10,000   0

2.  Prior period adjustments       00          00          0    00   0

3.  Beginning Balance, as adjusted4,5000   5,5000   10,000    0  10,000   0

Budgetary Financing Sources:

 8.  Nonexchange revenue (5800E)12,000000   12,000     0  12,000     0 

10. Transfers-in/out w/out reimburs

(5765E, 5755E)(7,500)       0   7,50000      00      0

16. Total Financing Sources 9,0000 13,0000   22,000      0   22,000      0

17. Net Cost of Operations 0           0          000      00      0 

18. Ending Balances 9,0000 13,0000   22,000              0   22,000              0

**Form and Content Statement of Financing YR 2Fiscal ServiceAgencyCombinedConsolidated**

Resources used to Finance Activities:

Budgetary Resources Obligated

1.Obligations incurred 4801E-B07,5007,5007,500

3.Obligations net of offsetting collections & recoveries (1-2)07,5007,5007,500

4. Less: Offsetting receipts (5800E)(12,000)0(12,000)(12,000)

5. Net Obligations(3-4) 12,0007,50019,50019,500

11. Total resources used to finance activities 12,0007,50019,50019,500

Resources used to finance items not part of the net cost of operations:

12. Change in budgetary resources obligated for goods,

svcs & ben ordered but not yet provided(4801E-B)07,5007,5007,500

14. Budgetary offsetting collections and receipts that do not affect net cost of operations

14b. Other (5800E)12,000012,00012,000

17.Total resources used to finance items not 

part of the net cost of operations (12thru16)12,0007,50019,50019,500

18.Total resources used to finance the net

Cost of operations(11-17)0000

30. Net Cost of Operations (18+29)0000

PAGE  

Page 1 of 22

Approved February 14, 2002 Board Meeting