Page 1 of 43

Guide for Accounting and Reporting of

International Monetary Fund (IMF) – New Arrangements to Borrow (NAB)

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 General Arrangements to Borrow (GAB) were established in 1962 by 10 industrial 

countries, including the United States, as a means of supplementing the IMF’ quota resources to 

forestall or cope with the impairment of the international monetary system. GAB participants 

decided in early 1983 to increase their financial commitments to the GAB from approximately 

SDR 6.3 billion to SDR 17 billion, with the U.S. share rising from SDR 1.9 billion to 

approximately SDR 4.25 billion.

In January 1997, the Executive Board of the IMF approved the creation of the New 

Arrangements to Borrow (NAB), which is a standing arrangement among certain IMF members 

to supplement the IMF’s quota resources as needed to forestall or cope with an impairment of the 

international monetary system or to deal with an exceptional situation that poses a threat to the

stability of the system. The NAB became effective on November 17, 1998, and was activated 

for the first time in December 1998 to finance an IMF arrangement for Brazil. The IMF repaid 

the NAB participants in March 1999. From 1999 through March 2011 the NAB was not 

activated.

In 2015, forty countries and institutions participated in the NAB for a total of SDR 370 billion of 

which the U.S. share in 2015 was approximately SDR 69 billion. After the activation period 

from October 2014 expired on March 31, 2015, the IMF activated the NAB for two additional 

six-month periods in 2015, commencing on April 1 and October 1. As of the end 2015, the IMF 

had accessed SDR 6.7 billion of the U.S. arrangement under the NAB.

The sum of U.S. resources made available to the IMF under the NAB and GAB cannot exceed 

the total U.S. NAB participation.

With respect to this account, resources provided to the United States under the GAB and NAB 

constitute an exchange of monetary assets and do not result in any net budgetary outlays because 

such transactions result in an equivalent increase in U.S. international reserve assets in the form 
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of equal, offsetting, interest-bearing claim on the IMF. U.S. claims on the IMF under the GAB 

and NAB are readily available to meet a U.S. balance-of-payments financing need.

In 2010, G-20 Leaders and the IMF membership decided on a set of quota and governance 

reforms designed to enhance IMF effectiveness. The United States successfully achieved its 

negotiating priorities during this process: (1) a U.S. quota increase with a corresponding 

equivalent rollback in U.S. participating in the IMF’s NAB for no change in overall U.S. 

financial participation in the IMF; and (2) preservation of U.S. veto power in the IMF.

Title IX of The Department of State, Foreign Operations, and Related Programs Appropriation 

Act, 2016 (P.L. 114-113) rescinds SDR 40,871,800,000 from U.S. participation in the NAB. 

The Act also directs that the budget authority and outlays of the NAB rescission be recorded on 

the present value basis with a fair value premium added to the discount rate. In addition, under 

the Act, the 2009 NAB increase is also now executed on a present value basis.

Proposed New SGL Accounts

Account Title: Loans Receivable - International Monetary Fund 

Account Number: 135090

Normal Balance: Debit 

Definition: The amount loaned to the International Monetary Fund under the New Arrangements 

to Borrow (NAB). 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: Allowance for Loss on Loans Receivable - International Monetary Fund 

Account Number: 135990

Normal Balance: Credit

Definition: The estimated amounts of FX rate changes for loans to the International Monetary 

Fund under the New Arrangements to Borrow (NAB). Although the normal balance for this 

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

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

Justification: Allowance account associated with 135090.
Page 4 of 43

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

Arrangements to Borrow (NAB)

Account Number: 411993

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 New Arrangements to Borrow.

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 – Exchange Rate 

Change (NAB)

Account Number: 411994

Normal Balance: Debit

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

an increase in the exchange rate in the New Arrangements to Borrow. 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: Unobligated Funds Exempt From Apportionment - International Monetary Fund

- New Arrangements to Borrow (NAB)

Account Number: 462091

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, New Arrangements to Borrow. 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. 
Page 5 of 43

Listing of USSGL accounts Used in this scenario

Account No Account Titles

Proprietary

101000 Fund Balance with Treasury

135090 Loans Receivable – International Monetary Fund

135990 Allowance for Loss on Loans Receivable – International Monetary 

Fund

310000 Unexpended Appropriations – Cumulative

310100 Unexpended Appropriations – Appropriations Received

310200 Unexpended Appropriations – Transfers-In

310300 Unexpended Appropriations – Transfers-Out

310600 Unexpended Appropriations – Adjustments

331000 Cumulative Results of Operations

576500 Nonexpenditure Financing Sources – Transfer-Out – Other

719090 Other Gains on International Monetary Fund Assets

729090 Other Losses on International Monetary Fund Assets

Budgetary

411993 Other Appropriations Realized – International Monetary Fund – New 

Arrangements to Borrow (NAB)

411994 Other Appropriations Realized – International Monetary Fund –

Exchange Rate Changes (NAB)

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

Accounts – International Monetary Fund

417690 Allocation Transfers of Prior-Year Balances – International Monetary 

Fund

420190 Total Actual Resources – Collected – International Monetary Fund

429590 Adjustments to the International Monetary Fund

435190 Partial Cancellation of Authority – International Monetary Fund

462091 Unobligated Funds Exempt From Apportionment – International 

Monetary Fund – New Arrangements to Borrow (NAB)
Page 6 of 43

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

135090 Loans Receivable – International 

Monetary Fund

N P D B/E D/C

135990 Allowance for Loss on Loans 

Receivable – International Monetary 

Fund

N P C B/E D/C

411993 Other Appropriations Realized –

International Monetary Fund – New 

Arrangements to Borrow

N B D E D/C

411994 Other Appropriations Realized –

International Monetary Fund –

Exchange Rate Changes (NAB)

N B D E D/C

462091 Unobligated Funds Exempt From 

Apportionment – International Monetary 

Fund – New Arrangements to Borrow 

(NAB)

N B C B/E D/C

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

135090

135990

411993

411994

462091 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

135990 EG U N U N

135990 EG U N U N

411993 EG U N U N

411994 EG U N U N

462091 EG U N U N

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

135090 N/A N/A Line 11 N/A N/A N/A N/A BS line 2.3

135990 N/A N/A Line 11 N/A N/A N/A N/A BS line 2.3

411993 N/A 5114 N/A N/A N/A N/A N/A N/A

411994 N/A 5115 N/A N/A N/A N/A N/A N/A

462091 N/A 5116 N/A N/A N/A N/A N/A N/A
Page 7 of 43

Beginning Balance Trial Balance FY 2016 for 011X0074 

Debit Credit

Proprietary

310000 Unexpended Appropriations – Cumulative 59,878,315.68

331000 Cumulative Results of Operations 59,878,315.68

TOTAL 59,878,315.68 59,878,315.68

Budgetary

TOTAL 0.00 0.00

Beginning Balance Trial Balance FY 2016 for 020011X0074

Debit Credit

Proprietary

101000 Fund Balance with Treasury 30,746,324,124.69

135000 Loans Receivable 9,377,306,543.05

135900 Allowance for Loss on Loans Receivable 758,237,355.36

310000 Unexpended Appropriations - Cumulative 34,520,021,797.01

331000 Cumulative Results of Operations 4,845,371,515.37

TOTAL 40,123,630,667.74 40,123,630,667.74

Budgetary

420190 Total Actual Resources – Collected –

International Monetary Fund

40,749,905,607.73

429590 Adjustments to the International Monetary 

Fund

1,384,512,295.35

462091 Unobligated Funds Exempt from 

Apportionment – International Monetary Fund – New 

Arrangements to Borrow

39,365,393,312.38

TOTAL 40,749,905,607.73 40,749,905,607.73
Page 8 of 43

1. (Child) To move balances in 135000 to 135090. (TC XXXX)

2011X0074 Debit Credit

Budgetary

N/A 

Proprietary

135090 Loans Receivable – International Monetary 

Fund

135000 Loans Receivable

Fed/Non-Fed – N (Non-Federal)

9,377,306,543.09

9,377,306,543.09

2. (Child) To move balances in 135900 to 135990. (TC XXXX)

2011X0074 Debit Credit

Budgetary

N/A 

Proprietary

135900 Allowance for loss in Loans Receivable

Fed/Non-Fed – N (Non-Federal)

135990 Allowance for loss in Loans 

Receivable – International Monetary Fund

758,327,355.36

758,327,355.36

3. (Child) To record the issuance of a new loan to IMF. (TC XXXX) (224 subclass 04 – BETC 

CRIMFDEC)

2011X0074 Debit Credit

Budgetary

N/A 

Proprietary

135090 Loans Receivable – International Monetary 

Fund

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

100,000,000.00

100,000,000.00
Page 9 of 43

4. (Child) To record the repayment on the loan. The exchange rate is different from when the 

loan was issued as the amount of cash received was lower than when the loan was issued. (TC 

XXXX) (224 subclass 04 BETC CRIMFINC and 224 subclass 18 BETC CRIMFDEC

2011X0074 Debit Credit

Budgetary

N/A

Proprietary

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

135990 Allowance for Loss on Loans Receivable –

International Monetary Fund

135090 Loans Receivable – International 

Monetary Fund

490,000,000.00

10,000,000.00

500,000,000.00

5. (Child) To record the repayment on the loan. The exchange rate is different from when the 

loan was issued as the amount of cash received was higher than when the loan was issued. (TC 

XXXX) (224 subclass 04 BETC CRIMFINC and 224 subclass 18 BETC CRIMFINC)

2011X0074 Debit Credit

Budgetary

N/A

Proprietary

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

135090 Loans Receivable – International 

Monetary Fund

135990 Allowance for Loss on Loans 

Receivable – International Monetary Fund

365,000,000.00

350,000,000.00

15,000,000.00
Page 10 of 43

Trial Balance before FX rate change calculation.

Debit Credit

Proprietary

101000 Fund Balance with Treasury 31,501,324,124.69

135090 Loans Receivable – International Monetary 

Fund

8,627,306,543.05

135990 Allowance for Loss on Loans Receivable –

International Monetary Fund

763,237,355.36

310000 Unexpended Appropriations - Cumulative 34,520,021,797.01

331000 Cumulative Results of Operations 4,845,371,515.37

TOTAL 40,128,630,667.74 40,128,630,667.74

Budgetary

420190 Total Actual Resources – Collected –

International Monetary Fund

40,749,905,607.73

429590 Adjustments to the International Monetary 

Fund

1,384,512,295.35

462091 Unobligated Funds Exempt from 

Apportionment – International Monetary Fund – New 

Arrangements to Borrow

39,365,393,312.38

TOTAL 40,749,905,607.73 40,749,905,607.73

If the FX rate change required an increase in Fund Balance with Treasury, see Part II.

For the associated increase (loss) in the Allowance for Loans Receivable, see Part III.

SDR SDR Rate SDR/SDR Rate

Issued 6,174,942,500.00 0.716428 a 8,619,069,187.69 Loans (135090)

Unissued 22,027,527,500.00 0.716428 b 30,746,324,124.69 FBwT (1010)

28,202,470,000.00 39,365,393,312.38

39,365,393,312.38 Total SDR/SDR rate

0.00 Difference

SDR rate 0.716428 8,627,306,543.05 135090 per Trial Balance as of calculate date 8,627,306,543.05

(763,237,355.36) 135990 per Trial Balance as of calculate date 755,000,000.00 (8,237,355.36)

7,864,069,187.69 current net receivable 8,619,069,187.69

a 8,619,069,187.69 net receivable at new SDR rate should be 8,619,069,187.69

(755,000,000.00) (decrease in FX rate/increase in allowance) 0.00

31,501,324,124.69 1010 (755,000,000.00) 30,746,324,124.69

b 30,746,324,124.69 FBwT at new SDR rate should be 30,746,324,124.69

755,000,000.00 (decrease in FX rate/decrease in FBwT) 0.00

Step 1: Calculate what the Net receivable and cash balances should be at the updated FX rate (get FX rate from IMF website as of last business day of 

fiscal year).

Step 2: Compare adjusted amounts per FX rate to current balances to determine adjustments needed.

Adjustment Entry
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6. (Child) To record in the child account the decrease for the FX rate change and transfer the 

excess to 11X0074 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)

2011X0074 Debit Credit

Budgetary

462091 Unobligated Funds Exempt From 

Apportionment – International Monetary Fund –

New Arrangements to Borrow

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 – 0074

PYA Adj – X (Current Year)

Proprietary

310300 Unexpended Appropriations – TransfersOut

Fed/Non-Fed – F (Federal)

Trading Partner – 011 (EOP)

Trading Partner Main – 0074

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund 

755,000,000.00

755,000,000.00

755,000,000.00

755,000,000.00

Sample of the Nonexpenditure Transfer (1151)

11X0074 NET.pdf
Page 12 of 43

7. (Parent) To record in the parent the transfer in of the excess funds due to the FX rate change. 

(TC XXXX)

11X0074 Debit Credit

Budgetary

417690 Allocation Transfers of Prior-Year 

Balances - International Monetary Fund

Authority Type – P (Appropriations)

Fed/Non-Fed – F (Federal)

Trading Partner – (020) Treasury

Trading Partner Main – 0074

PYA Adj – X (Current Year)

462091 Unobligated Funds Exempt From 

Apportionment – International Monetary 

Fund – New Arrangements to Borrow

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 – 0074

755,000,000.00

755,000,000.00

755,000,000.00

755,000,000.00
Page 13 of 43

8. (Parent) To record the return of the excess funds due to the FX rate change as a partial 

cancellation via a surplus warrant. (TC XXXX)

11X0074 Debit Credit

Budgetary

462091 Unobligated Funds Exempt From 

Apportionment – International Monetary Fund –

New Arrangements to Borrow

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

755,000,000.00

755,000,000.00

755,000,000.00

755,000,000.00

Example of the surplus warrant

11X0074 

Warrant.pdf
Page 14 of 43

9. (Child) To record in the FX rate change for loans (decrease in allowance/gain). (TC XXXX)

2011X0074 Debit Credit

Budgetary

429590 Adjustments to the International

Monetary Fund

462091 Unobligated Funds Exempt From 

Apportionment – International Monetary 

Fund – New Arrangements to Borrow

PYA – X (Current Year)

Proprietary

135990 Allowance for Loss on Loans Receivable –

International Monetary Fund

719090 Other Gains on International Money 

Fund

Budgetary Impact – E (Non-Budgetary)

Exchange – X (Exchange)

Fed/Non-Fed – F (Federal)

Program Indicator – P (Assigned to Programs)

755,000,000.00

755,000,000.00

755,000,000.00

755,000,000.00

224/RT7/USSGL Matrix for IMF NAB

224 

Subclass

Subclass Title Business Line USSGL Old CSGL New CSGL

04 Issuance and 

repayments of 

Loans to the IMF

Loans to the IMF 135090 20A1450 81190001

18 NAB – Loans 

gains and losses 

due to the FX rate 

changes

Miscellaneous 719090

729090

20A3084 87050001
Page 15 of 43

Subclass 4

Transaction Column 2 Column 3

MTS Table 

& Line MTS Line Titles

3 100,000,000.00 6 8119

Loans to The 

IMF

4 490,000,000.00

Loans to The 

IMF

4 10,000,000.00 6 8119

Loans to The 

IMF

5 350,000,000.00 6 8119

Loans to The 

IMF

850,000,000.00 100,000,000.00

Subclass 18

Transaction Column 2 Column 3

4 10,000,000.00

NAB loss on 

Exchange rate

5 15,000,000.00

NAB gain on 

exchange rate

15,000,000.00 10,000,000.00
Page 16 of 43

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)

 (04)20-11X0074 850,000,000.00

 (18)20-11X0074 10,000,000.00

 (04)20-11X0074

 (18)20-11X0074 15,000,000.00 100,000,000.00

 COLUMNAR TOTALS.......

NET TOTAL SECTION I (Column 3 minus column2) ........................... 865,000,000.00 110,000,000.00

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

(755,000,000.00)

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

 Disbursing Office in:

This Month 100,000,000.00 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)..... 100,000,000.00

(755,000,000.00)

SECTION III- Status of Collections
Page 17 of 43

 1. Balance of Undeposited Collections, Close of

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

 2. ADD: Collections Received This Month (Same as Section II, Item 2).................. 855,000,000.00

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

This Month 855,000,000.00 Prior Month 

855,000,000.00

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

 Close of Month.................. 0.00

DATE SIGNATURE AND TITL
Page 18 of 43

Monthly Treasury Statement

Treasury Combined Statement

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 

YEAR

ACCOUNT BALANCES 

BEGINNING OF THIS MONTH

ACCOUNT BALANCES CLOSE 

OF THIS MONTH

9517

LOANS TO 

INTERNATIONAL 

MONETARY FUND -750,000,000.00 -750,000,000.00 0.00 0.00 -750,000,000.00

9561

MISCELLANEOUS ASSET 

ACCOUNTS -5,000,000.00 -5,000,000.00 0.00 0.00 -5,000,000.00

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

Loans to the 

International 

Monetary Fund, 

Executive

Fund Resources:

Transfer To:

Treasury No Year 020 011 0074 000 0.00 0.00 ---------- ---------- -755,000,000.00 -755,000,000.00
Page 19 of 43

Pre-Closing Trial Balance 

IMF 2011X0074 Debit Credit

Proprietary

101000 Fund Balance with Treasury 30,746,324,124.69

135090 Loans Receivable - International Monetary 

Fund

8,627,306,543.05

135990 Allowance on Loss on Loans Receivable -

International Monetary Fund

8,237,355.36

310000 Unexpended Appropriations 34,520,021,797.01

310300 Unexpended Appropriations – Transfers-Out 755,000,000.00

331000 Cumulative Results of Operations 4,845,371,515.37

719090 Other Gains on International Monetary Fund 

Assets

755,000,000.00

TOTAL 40,128,630,667.74 40,128,630,667.74

Budgetary

417690 Allocation Transfers of Prior-Year Balances –

International Monetary Fund

755,000,000.00

420190 Total Actual Resources – Collected –

International Monetary Fund

40,749,905,607.73

429590 Adjustment to the International Monetary 

Fund

629,512,295.35

462091 Unobligated Funds Exempt From 

Apportionment – International Monetary Fund – New 

Arrangements to Borrow

39,365,393,312.38

TOTAL 40,749,905,607.73 40,749,905,607.73

IMF 11X0074 Debit Credit

Proprietary

310000 Unexpended Appropriations – Cumulative 59,878,315.68

310200 Unexpended Appropriations – Transfers-In 755,000,000.00

310600 Unexpended Appropriations – Adjustments 755,000,000.00

331000 Cumulative Results of Operations 59,878,315.68

TOTAL 814,878,315.68 814,878,315.68

Budgetary

417690 Allocation Transfers of Prior-Year Balances –

International Monetary Fund

755,000,000.00

435190 Partial Cancellation of Authority -

International Monetary Fund

755,000,000.00

TOTAL 755,000,000.00 755,000,000.00
Page 20 of 43

Closing Entries

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

withdrawn funds (TC F302).

11X0074 Debit Credit

Budgetary

435190 Partial Cancellation of Authority –

International Monetary Fund

417690 Allocation Transfers of Prior-Year 

Balances - International Monetary Fund

Proprietary

N/A

755,000,000.00

755,000,000.00

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

11X0074 Debit Credit

Budgetary

N/A

Proprietary

310200 Unexpended Appropriations – Transfers-In

310600 Unexpended Appropriations –

Adjustments

755,000,000.00

755,000,000.00

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

withdrawn funds (TC FXXX).

2011X0074 Debit Credit

Budgetary

417690 Allocation Transfers of Prior-Year 

Balances - International Monetary Fund 

420190 Total Actual Resources – Collected 

– International Monetary Fund

Proprietary

N/A

755,000,000.00

755,000,000.00
Page 21 of 43

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

11X0074 Debit Credit

Budgetary

N/A

Proprietary

310000 Unexpended Appropriations - Cumulative

310300 Unexpended Appropriations –

Transfers-Out

755,000,000.00

755,000,000.00

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

cumulative results of operations (TC F336).

2011X0074 Debit Credit

Budgetary

N/A

Proprietary

719090 Other Gains on International Monetary 

Fund Assets

331000 Cumulative Results of Operations

755,000,000.00

755,000,000.00
Page 22 of 43

Closing Trial Balance FY 2016

IMF 2011X0074 Debit Credit

Proprietary

101000 Fund Balance with Treasury 30,746,324,124.69

135090 Loans Receivable - International Monetary 

Fund

8,627,306,543.05

135990 Allowance on Loss on Loans Receivable -

International Monetary Fund

8,237,355.36

310000 Unexpended Appropriations 33,765,021,797.01

331000 Cumulative Results of Operations 5,600,371,515.37

TOTAL 39,373,630,667.74 39,373,630,667.74

Budgetary

420190 Total Actual Resources – Collected –

International Monetary Fund

39,994,905,607.73

429590 Adjustment to the International Monetary 

Fund

629,512,295.35

462091 Unobligated Funds Exempt From 

Apportionment – International Monetary Fund – New 

Arrangements to Borrow

39,365,393,312.38

TOTAL 39,994,905,607.73 39,994,905,607.73

IMF 11X0074 Debit Credit

Proprietary

310000 Unexpended Appropriations – Cumulative 59,878,315.68

331000 Cumulative Results of Operations 59,878,315.68

TOTAL 59,878,315.68 59,878,315.68

Budgetary

TOTAL 0.00 0.00
Page 23 of 43

Control Checks 

2011X0074 11X0074

Beginning Balances - after closing entries

310000 (33,765,021,797.01) (59,878,315.68)

331000 (5,600,371,515.37) 59,878,315.68

 (39,365,393,312.38) -

420190 39,994,905,607.73

429590 (629,512,295.35)

 39,365,393,312.38

Difference - -

Transfers

310200 - (755,000,000.00)

310300 755,000,000.00 -

 755,000,000.00 (755,000,000.00)

417500 - -

417690 (755,000,000.00) 755,000,000.00

 (755,000,000.00) 755,000,000.00

Difference - -
Page 24 of 43

2011X0074 11X0074

Assets

101000 30,746,324,124.69

135090 8,627,306,543.05

135990 (8,237,355.36)

 39,365,393,312.38

462000

426091 (39,365,393,312.38)

 (39,365,393,312.38)

Difference -

2011X0074 11X0074

Appropriations Received

310100 -

411900 -

411990 -

411991 -

411992 -

 -

Difference -
Page 25 of 43

Balance Sheet

 As of September 30, 2016

11X0074 2011X0074 Total

1 30,746,324,124.69 30,746,324,124.69

6 0.00 30,746,324,124.69 30,746,324,124.69

11

8,619,069,187.69 8,619,069,187.69

15 0.00 39,365,393,312.38 39,365,393,312.38

31

59,878,315.68 33,765,021,797.01 33,824,900,112.69

33

(59,878,315.68) 5,600,371,515.37 5,540,493,199.69

35

0.00 39,365,393,312.38 39,365,393,312.38

36 0.00 39,365,393,312.38 39,365,393,312.38

37 0.00 39,365,393,312.38 39,365,393,312.38

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)

Loans Receivable (135090 E, 135990 E)

Total assets

Total intragovernmental

 Balance Sheet

Assets 

Intragovernmental

Fund Balance with Treasury (101000 E)
Page 26 of 43

Statement of Net Cost

 For the year ended September 30, 2016

Statement of Changes in Net Position

 For the year ended September 30, 2016

11X0074 2011X0074 Total

1 -

2 (755,000,000.00) (755,000,000.00)

3 (755,000,000.00) (755,000,000.00)

8 Net cost of operations (755,000,000.00) (755,000,000.00)

Less: earned revenue (719090)

Net program costs:

Statement of Net Cost

Gross Program Costs:

Program A:

Gross costs 

11X0074 2011X0074 Total

1 (59,878,315.68) 4,845,371,515.37 4,785,493,199.69

3 4,845,371,515.37 4,845,371,515.37

13 -

14 - -

15 755,000,000.00 755,000,000.00

16 755,000,000.00 755,000,000.00

17 (59,878,315.68) 5,600,371,515.37 5,540,493,199.69

18 59,878,315.68 34,520,021,797.01 34,579,900,112.69

20 34,520,021,797.01 34,520,021,797.01

21 - -

22 - (755,000,000.00) (755,000,000.00)

25 - (755,000,000.00) (755,000,000.00)

26 59,878,315.68 33,765,021,797.01 33,824,900,112.69

27 - 39,365,393,312.38 39,365,393,312.38

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, 

310600 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 27 of 43

Statement of Budgetary Resources

 For the year ended September 30, 2016

11X0074 2011X0074 Total

1290 0.00 0.00 0.00

1910 0.00 0.00 0.00

2190 0.00 0.00

2500 0.00 0.00 0.00

3012 0.00 0.00

3020 0.00 0.00

3200 0.00 0.00

4175 0.00 0.00 0.00

4180 0.00 0.00 0.00

4185 0.00 0.00 0.00

4190 0.00 0.00 0.00

4210 Agency outlays, net (discretionary and mandatory) 0.00 0.00 0.00

Outlays, net (total) (discretionary and mandatory)

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

Outlays, gross (discretionary and mandatory) 

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 

Outlays (gross) (-) 

Total budgetary resources

Total budgetary resources

New obligations and upward adjustments (total) 

Appropriations (discretionary and mandatory) 

Statement of Budgetary Resources

Budgetary Resources
Page 28 of 43

SF 133 Report on Budget Execution and Budgetary Resources

11X0074 2011X0074 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 - -

S 1910 Total budgetary resources - - -

S STATUS O F BUDGETARY RESO URCES

S 2500 Total budgetary resources - - -

Report on Budget Execution and Budgetary Resources and Budget Program and 

Financing Schedule

Appropriation

SF 133 
Page 29 of 43

Schedule P

11X0074 2011X0074 Total

Assoc.

Report

Line

No. USSGL Account Title

S/P BUDGETARY RESO URCES

P All accounts:

P 0900 - - -

S/P Budget authority:

S/P Appropriations:

S/P Discretionary:

S/P 1100 - -

S/P 1900 Budget authority (total) - - -

P 1930 Total budgetary resources available - - -

P International Monetary Fund:

P 5114 New Arrangements to Borrow (P.L. xxx-xxx) (411993 E)

P 5115 New Arrangements to Borrow (exchange rate) (411994 E)

P 5116 New Arrangements to Borrow, total (462091 E) 39,365,393,312.38 39,365,393,312.38

Schedule P

Report on Budget Execution and Budgetary Resources and Budget Program and 

Financing Schedule

Total new obligations, unexpired accounts 

Appropriation 
Page 30 of 43

Reclassified Balance Sheet for the Closing Package

 As of September 30, 2016

Total

1

2

2.3 8,619,069,187.69

2.9 8,619,069,187.69

3

3.1 30,746,324,124.69

3.14 30,746,324,124.69

4 39,365,393,312.38

9

9.2 39,365,393,312.38

10 39,365,393,312.38

11 39,365,393,312.38

Net position - funds other than those from dedicated collections 

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

729090 E)

Total net position

Total liabilities and net position

Net position:

Total federal assets

Total assets

Total non-federal assets

Federal

Fund balance with Treasury (RC 40) (101000)

Loans receivable, net (135090E, 135990E)

Reclassified Balance Sheet

Assets

Non-federal
Page 31 of 43

Reclassified Statement of Net Cost for the Closing Package

 For year ended September 30, 2016

Reclassified Statement of Changes in Net Position for the Closing Package

 For year ended September 30, 2016

Total

1

2

6

7

9

10

11 (755,000,000.00)

14 (755,000,000.00)

15 (755,000,000.00)

Department total earned revenue

Net cost of operations

Department total gross cost

Earned revenue

Non-federal earned revenue (719090 E)

Total non-federal gross cost

Federal gross cost

Reclassified Statement of Net Cost

Gross cost

Non-federal gross cost

Total

1 39,365,393,312.38

4 39,365,393,312.38

7

7.1 (755,000,000.00)

7.6 755,000,000.00

7.7 (755,000,000.00)

7.18 (755,000,000.00)

9 755,000,000.00

10 39,365,393,312.38

Net cost of operations (+/-)

Net position, end of period

Total budgetary financing sources

Non-expenditure transfers-in of unexpended appropriations 

and financing sources (RC 08) (310200 E) 

Non-expenditure transfers-out of unexpended appropriations 

and financing sources (RC 08) (310300 E)

Budgetary financing sources:

Appropriations received as adjusted (rescissions and other 

adjustments) (RC 41) (310600 E)

Net position, beginning of period - adjusted

Reclassified Stmt. of O perations and Changes in Net Position

Net position, beginning of period (310000 B, 331000 B)
Page 32 of 43

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 (Quota Scenario) Pass 011 X0003000

Add 411993, 411994, 462091, 135090, 

135990 (NAB Scenario) 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 +

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

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

Evans, Marilyn:

Need to be updated for USSGL 119090 

and 135090
Page 33 of 43

Edit 22

Number:

Name:

Description:

Type:

Operand:

Fatal Period:

Proposed 

Analytical 

Period:

Right Side Attribute Combination

SZ

USSGL 

ACCOUNT 

NUMBER Begin/End Zero

134700 B

134800 B

135000 B

135090 B add

135100 B

135900 B

135990 B add

136000 B

136100 B

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 34 of 43

Edit 23

Number:

Name:

Description:

Type:

Operand:

Fatal Period:

Proposed 

Analytical 

Period:

Right Side Attribute Combination

SZ

USSGL 

ACCOUNT 

NUMBER Begin/End Zero

134800 E

135000 E

135090 E add

135100 E

135900 E

135990 E add

136000 E

136100 E

136300 E

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 35 of 43

Edit 24

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

411993 E add

411994 E add

412000 E

412100 E

429000 E

429500 E

429590 E add

462090 E add

462091 E add

431000 E

432000 E

435000 E

435100 E

435190 E add

435500 E

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 36 of 43

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

411993 E RS add

411994 E SWYE add

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 37 of 43

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

411993 E 420190 add

411994 E 420190 add

417590 E 420190

417690 E 420190

420190 E 420190

435190 E 420190 add

422100 E 422100

423000 E 422100

429500 E 429500

429590 E 429590 add

436000 E 436000

462090 E 462090

462091 E 462091 add

463500 E 463500

442000 E U X 465000
Page 38 of 43

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

119090 E 119090 add

119300 E 119300 delete

119305 E 119305

119306 E 119306

135000 E 135000

135090 E 135090 add

135100 E 135100

135900 E 135900

135990 E 135990 add

136000 E 136000

136100 E 136100

U.S. Standard General Ledger

Closing Edits Detail Report
Page 39 of 43

Part II

Increase in Fund Balance with Treasury due to FX Rate Change

1. (Parent) To record warrant for FX rate change. (TC XXXX)

11X0074 Debit Credit

Budgetary

411994 Other Appropriations Realized –

International Monetary Fund – Exchange Rate 

Changes (NAB)

Authority Type – P (Appropriations)

PYA – X (Current Year)

462091 Unobligated Funds Exempt From

Apportionment – International Monetary 

Fund – New Arrangements to Borrow 

(NAB)

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)

755,000,000.00

755,000,000.00

755,000,000.00

755,000,000.00
Page 40 of 43

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

via SF 1151 Nonexpenditure Transfer Authorization. (TC XXXX) 

11X0074 Debit Credit

Budgetary

462091 Unobligated Funds Exempt From 

Apportionment – International Monetary Fund –

New Arrangements to Borrow (NAB)

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 – 0074

PYA Adj – X (Current Year)

Proprietary

310300 Unexpended Appropriations – TransfersOut

Fed/Non-Fed – F (Federal)

Trading Partner – 020 (Treasury)

Trading Partner Main – 0074

101000 Fund Balance with Treasury

Fed/Non-Fed – G (General Fund)

Trading Partner – 099 (General Fund)

Trading Partner Main – 0000 (General Fund)

755,000,000.00

755,000,000.00

755,000,000.00

755,000,000.00
Page 41 of 43

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

via SF 1151 Nonexpenditure Transfer Authorization. (TC XXXX) 

2011X0074 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 – 0074

PYA Adj – X (Current Year)

462091 Unobligated Funds Exempt From 

Apportionment – International Monetary 

Fund- New Arrangements to Borrow (NAB)

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 – 0074

755,000,000.00

755,000,000.00

755,000,000.00

755,000,000.00
Page 42 of 43

Part III

Increase in Allowance for Loss in Loans Receivable – International 

Monetary Fund (Loss) due to FX Rate Change

1. (Child) To record in the FX rate change for loans (increase in allowance/loss). (TC XXXX)

2011X0074 Debit Credit

Budgetary

462091 Unobligated Funds Exempt From 

Apportionment – International Monetary Fund –

New Arrangements to Borrow (NAB)

PYA – X (Current Year)

429590 Adjustments to the International

Monetary Fund

Proprietary

729090 Other Losses on International Money Fund

Budgetary Impact – E (Non-Budgetary)

Exchange – X (Exchange)

Fed/Non-Fed – F (Federal)

Program Indicator – P (Assigned to Programs)

135990 Allowance for Loss on Loans 

Receivable – International Monetary Fund 

755,000,000.00

755,000,000.00

755,000,000.00

755,000,000.00
Page 43 of 43

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

Cust/Noncust Custodial/Noncustodial Indicator

Exch/Nonexch Exchange/Nonexchange Indicator

EOP Executive Office Of The President

Fed/Non-Fed Federal Non-Federal Code

FX Exchange Rate

FY Fiscal Year

GAB General Arrangements to Borrow

IMF International Monetary Fund

MTS Monthly Treasury Statement

NAB New Arrangements to Borrow

Normal Bal Normal Balance

Pgm Rpt Cat Program Report Category

PROP Proprietary

PYA Prior Year Adjustment Code

Reclass Stmts Reclassification of Statement

Reimb Flag Reimbursable Flag Indicator

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