Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

Effective Fiscal 2012

PREPARED BY:

UNITED STATES STANDARD GENERAL LEDGER DIVISION

ACCOUNTING SYSTEMS AND STANDARDS DIRECTORATE

GOVERNMENTWIDE ACCOUNTING

BUREAU of the FISCAL SERVICE
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

2 of 26 September 2011

Version 

Number

Date Description of Change Effective

USSGL 

TFM

1.0 9/20/2011 Original version S2 11-02
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

3 of 26 September 2011

Overview

The need exists for a new accounting scenario that accounts for the disposition of borrowings with capitalized interest, and achieves

greater consistency in the accounting and reporting for non-credit reform agencies that borrow from the Bureau of the Fiscal Service 

(Fiscal Service) and must borrow to repay interest. This is particularly the situation for the following non-credit reform agencies: the 

Bureau of the Fiscal Service (Fiscal Service), the Federal Financing Bank (FFB), the Commodity Credit Corporation, and the 

Department of Homeland Security (FEMA). 

This scenario illustrates the proper mechanisms that should be used in the capitalization of interest process, namely, the 

Governmentwide Accounting (GWA) Non-Expenditure Transfer (NET) Borrowings application for borrowings and repayments, and 

the Intagovernmental Payment and Collection system (IPAC) for regular interest payments. Because capitalized interest takes on the 

characteristics of loan principal and is tracked separately from regular interest on loans receivable, a GWA NET transaction is used to 

borrow to pay the interest, an IPAC transaction is used to pay the interest, and a GWA NET transaction is used to repay the capitalized 

interest.

The scenario that follows illustrates transactions to be recorded for the disposition of borrowings for capitalized interest. The scenario 

is illustrative of a non-credit reform Treasury Account Symbol (TAS) with mandatory borrowing authority that borrows from the 

Fiscal Service. The Fiscal Service TAS involved is a General Fund Receipt Account (GFRA).

This scenario follows USSGL TFM S2 11-02 (September 2011), Part 2: Fiscal 2012 Reporting.

Listing of USSGL Accounts Used in This Scenario

Budgetary

4060 Anticipated Collections From Non-Federal Sources

4141 Current-Year Borrowing Authority Realized

4145 Borrowing Authority Converted to Cash 

4146 Actual Repayments of Debt, Current-Year Authority

4148 Resources Realized From Borrowing Authority 
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

4 of 26 September 2011

4201 Total Actual Resources - Collected 

4266 Other Actual Business-Type Collections from Non-Federal Sources

4277 Other Actual Collections - Federal

4450 Unapportioned Authority 

4510 Apportionments

4590 Apportionments - Anticipated Resources - Programs Subject to Apportionment

4610 Allotments - Realized Resources 

4901 Delivered Orders - Obligations, Unpaid

4902 Delivered Orders - Obligations, Paid

Proprietary

1010 Fund Balance With Treasury

1341 Interest Receivable - Loans

1350 Loans Receivable 

1351 Capitalized Loan Interest Receivable - Non-Credit Reform

2140 Accrued Interest Payable – Not Otherwise Classified

2510 Principal Payable to the Bureau of the Fiscal Service

2511 Capitalized Loan Interest Payable - Non-Credit Reform

2985 Liability for Non-Entity Assets Not Reported on the Statement of Custodial Activity 

3310 Cumulative Results of Operations 

5312 Interest Revenue - Loans Receivable/Uninvested Funds

5500 Insurance and Guarantee Premium Revenue

6310 Interest Expenses on Borrowing From the Bureau of the Fiscal Service and/or the

Federal Financing Bank

7112 Gains on Disposition of Borrowings

7212 Losses on Disposition of Borrowings

7500 Distribution of Income - Dividend
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

5 of 26 September 2011

BEGINNING TRIAL BALANCES

Non-Credit Reform TAS Debit Credit Fiscal Service Debit Credit

Budgetary

N/A

Proprietary

N/A

Budgetary

N/A

Proprietary

N/A

1. To record borrowing authority, and anticipated collections from non-Federal sources.

Non-Credit Reform TAS (TC A140, A152) Debit Credit Fiscal Service Debit Credit

Budgetary

4060 Anticipated Collections From Non-Federal 

Sources

4141 Current-Year Borrowing Authority Realized

4450 Unapportioned Authority

Proprietary

None

5,000

10,500

15,500

Budgetary

None

Proprietary

None
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

6 of 26 September 2011

2. To record budget authority apportioned and available for allotment ($10,500), and budget authority apportioned but not 

available for use until realized ($5,000).

Non-Credit Reform TAS (TC A116, A118) Debit Credit Fiscal Service Debit Credit

Budgetary

4450 Unapportioned Authority

4510 Apportionments

4590 Apportionments – Anticipated 

Resources – Programs Subject to 

Apportionment

Proprietary

None

15,500

10,500

5,000

Budgetary

None

Proprietary

None

3. To record the allotment of authority.

Non-Credit Reform TAS (TC A120) Debit Credit Fiscal Service Debit Credit

Budgetary

4510 Apportionments

4610 Allotments – Realized Resources

 

Proprietary

None

 10,500

10,500

Budgetary

None

Proprietary

None
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

7 of 26 September 2011

4. To record the drawing of cash to fund borrowing authority from the Fiscal Service, and to record the establishment of loans 

receivable and a non-custodial liability. This is accomplished via SF 1151: Nonexpenditure Transfer in the GWA NET 

Borrowings system.

Non-Credit Reform TAS (TC A156) Debit Credit Fiscal Service (GFRA TAS) (Transaction for use by Fiscal Service only)

Debit Credit

Budgetary

4148 Resources Realized From Borrowing Authority

4145 Borrowing Authority Converted to 

Cash

Proprietary

1010 Fund Balance With Treasury

2510 Principal Payable to the Fiscal Service

(F20)

 10,000

 

10,000

 10,000

 10,000

Budgetary

None

Proprietary

1350 Loans Receivable (FXX)

1010 Fund Balance With 

Treasury

1010 Fund Balance With Treasury

2985 Liability for Non-Entity 

Assets Not Reported on the 

Statement of Custodial 

Activity (F99)

 10,000

 10,000

 10,000

 10,000
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

8 of 26 September 2011

5. To record the accrual of interest expenses incurred by the Non-Credit Reform TAS, and to record the accrual of interest 

revenue associated with USSGL account 2985 that is to be collected by the Bureau of the Fiscal Service and deposited directly 

into a Treasury Account Symbol that does not have budget authority.

Non-Credit Reform TAS (TC B418) Debit Credit Fiscal Service (GFRA TAS) (TC 

C435, C437)

Debit Credit

Budgetary

4610 Allotments – Realized Resources 

4901 Delivered Orders – Obligations, 

Unpaid

Proprietary

6310 Interest Expenses on Borrowing From the Fiscal 

Service and/or the FFB (F20)

2140 Accrued Interest Payable – Not 

Otherwise Classified (F20)

 500

 500

 500

 500

Budgetary

None

Proprietary

1341 Interest Receivable – Loans (FXX)

5312 Interest Revenue –

Loans

Receivable/Uninvested 

Funds (FXX)

and

7500 Distribution of Income - Dividend

2985 Liability for Non-Entity 

Assets Not Reported on the 

Statement of Custodial 

Activity (F99)

 500

 500

 500

 500
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

9 of 26 September 2011

6. To record the drawing of cash to fund borrowing authority from the Fiscal Service in order to pay interest in Transaction #7, 

since the Non-Credit Reform TAS is unable to make the interest payment. The receivable/payable is established as capitalized 

loan interest. This is accomplished via SF 1151: Nonexpenditure transfer in the GWA NET Borrowings system.

Non-Credit Reform TAS (TC A156) Debit Credit Fiscal Service (GFRA TAS) (Transaction for use by Fiscal Service only)

Debit Credit

Budgetary

4148 Resources Realized From Borrowing Authority

4145 Borrowing Authority Converted to 

Cash

Proprietary

1010 Fund Balance With Treasury

2511 Capitalized Loan Interest Payable -

Non-Credit Reform (F20)

 500

 500

 500

 500

Budgetary

None

Proprietary

1351 Capitalized Loan Interest Receivable 

– Non-Credit Reform (FXX)

1010 Fund Balance With 

Treasury

1010 Fund Balance With Treasury

2985 Liability for Non-Entity 

Assets Not Reported on the 

Statement of Custodial 

Activity (F99)

 500

 500

 500

 500
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

10 of 26 September 2011

7. To record the payment of accrued interest related to the payable and receivable established in transaction #5, pertaining to the 

amount borrowed in transaction #4. This is accomplished via IPAC.

Non-Credit Reform TAS (TC B112) Debit Credit Fiscal Service (GFRA TAS) (Transactions for use by Fiscal Service only)

Debit Credit

Budgetary

4901 Delivered Orders – Obligations, Unpaid

4902 Delivered Orders – Obligations, Paid

Proprietary

2140 Accrued Interest Payable (F 20)

1010 Fund Balance With Treasury

 500

 500

 500

 500

Budgetary

None

Proprietary

1010 Fund Balance with Treasury

1341 Interest Receivable – Loans 

(FXX)

and

2985 Liability for Non-Entity Assets Not 

Reported on the Statement of 

Custodial Activity (F99)

1010 Fund Balance With 

Treasury

 500

 500

 

500

 500
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

11 of 26 September 2011

8. To record the accrual of interest expenses incurred (Non-Credit Reform TAS), and accrued revenue from Federal sources 

(Fiscal Service). This represents interest expense pertaining to the amount borrowed in transaction #6.

Non-Credit Reform TAS (TC B418) Debit Credit Fiscal Service (GFRA TAS) (TC 

C435 and C437)

Debit Credit

Budgetary

4610 Allotments – Realized Resources

4901 Delivered Orders – Obligations, 

 Unpaid

Proprietary

6310 Interest Expenses on Borrowing From the Fiscal 

Service and/or the FFB (F 20)

2140 Accrued Interest Payable (F20)

 100

 100

 100

 100

Budgetary

None

Proprietary

1341 Interest Receivable – Loans (FXX)

5312 Interest Revenue – Loans 

Receivable/Uninvested 

Funds (FXX)

and

7500 Distribution of Income - Dividend

2985 Liability for Non-Entity 

Assets Not Reported on the 

Statement of Custodial 

Activity (F99)

 100

 100

 100

 100
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

12 of 26 September 2011

9. To record the repayment of capitalized loan interest (principal), at par, from the borrowing established in transaction #6. This 

is accomplished via SF 1151: Nonexpenditure Transfer in the GWA NET Borrowings system.

Non-Credit Reform TAS (TC B121) Debit Credit Fiscal Service (GFRA TAS) (Transaction for use by Fiscal Service only)

Debit Credit

Budgetary

4450 Unapportioned Authority

4146 Actual Repayments of Debt, Current-

 Year Authority

Proprietary

2511 Capitalized Loan Interest Payable – Non-Credit 

Reform (F20)

1010 Fund Balance With Treasury

 500

 500

 500

 500

Budgetary

None

Proprietary

1010 Fund Balance With Treasury

1351 Capitalized Loan Interest

Receivable – Non-Credit 

Reform (FXX)

2985 Liability for Non-Entity Assets 

Not Reported on the Statement of 

Custodial Activity (F 99)

1010 Fund Balance With 

Treasury

 

 500

 500

 500

 500
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

13 of 26 September 2011

10. To record the receipt of previously anticipated collections, and the realization of previously anticipated and apportioned 

authority. 

Non-Credit Reform TAS (TC A122, C109) Debit Credit Fiscal Service Debit Credit

Budgetary

4266 Other Actual Business-Type Collections From 

Non-Federal Sources

4060 Anticipated Collections From NonFederal Sources

and

4590 Apportionments – Anticipated Resources –

 Programs Subject to Apportionment

4610 Allotments – Realized Resources

Proprietary

1010 Fund Balance With Treasury

5500 Insurance and Guarantee Premium 

Revenue

 

3,000

 3,000

 3,000

3,000

 3,000

 

 3,000

Budgetary

None

Proprietary

None
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

14 of 26 September 2011

11. To record the repayment of principal on the original borrowing (non-capitalized), the related payment of interest, and the 

possible gain or loss resulting from the early repayment of the loan. The total amount of fund balance (USSGL 1010) moved 

from the Non-Credit Reform TAS to repay the loan is $11,100. That amount is credited directly to a GFR account by Fiscal 

 Service.

11a. To record the principal repayment of the loan to the Fiscal Service for the original borrowing established in transaction 

#4. This is accomplished via SF 1151: Nonexpenditure Transfer in the GWA NET Borrowings system.

Non-Credit Reform TAS (TC B121) Debit Credit Fiscal Service (GFRA TAS) (Transaction for use by Fiscal Service only)

Debit Credit

Budgetary

4450 Unapportioned Authority

4146 Actual Repayments of Debt, CurrentYear Authority

Proprietary

2510 Principal Payable to the Fiscal Service

1010 Fund Balance With Treasury

 

 10,000

 10,000

 10,000

 10,000

Budgetary

None

Proprietary1

1010 Fund Balance With Treasury

1350 Loans Receivable

2985 Liability for Non-Entity Assets 

Not Reported on the Statement of 

Custodial Activity

1010 Fund Balance With 

Treasury

10,000

10,000

10,000

10,000

 1 The amount of fund balance (USSGL 1010) that is moved from the Non-Credit Reform TAS to repay the loan is $11,100. That amount is credited directly to a 

GFR account.
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

15 of 26 September 2011

11b. To record the payment of accrued interest payable/receivable. This regular interest payment is accomplished via IPAC.

Non-Credit Reform TAS (TC B112) Debit Credit Fiscal Service (GFRA TAS)

(Transaction for use by Fiscal Service only)

Debit Credit

Budgetary

4901 Delivered Orders – Obligations, Unpaid

4902 Delivered Orders – Obligations, Paid

Proprietary

2140 Accrued Interest Payable

1010 Fund Balance With Treasury

 100

 100

 100

 100

Budgetary

None

Proprietary

1010 Fund Balance With Treasury

1341 Interest Receivable - Loans

2985 Liability for Non-Entity Assets Not 

Reported on the Statement of 

Custodial Activity

1010 Fund Balance With 

Treasury

 

 100 

 100

 

 100

 100 

11c. To record a loss for the Non-Credit Reform TAS and a gain for Fiscal Service. This is accomplished via IPAC. (A gain or loss 

results, for example, when repayments are made prior to maturity.)

Non-Credit Reform TAS (TC B137) Debit Credit Fiscal Service (GFRA TAS)

(Transaction for use by Fiscal Service only)

Debit Credit

Budgetary

4610 Allotments – Realized Resources

4902 Delivered Orders – Obligations, 

Paid

Proprietary

7212 Losses on Disposition of Borrowings 

1010 Fund Balance With Treasury

 1,000

 1,000

 1,000

 1,000

Budgetary

None

Proprietary

1010 Fund Balance With Treasury

7112 Gains on Disposition of 

Borrowings 

7500 Distribution of Income - Dividend

1010 Fund Balance With 

Treasury

 1,000

 1,000

 1,000

 1,000
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

16 of 26 September 2011

11d. To record a gain for the Non-Credit Reform TAS and a gain for Fiscal Service. This is accomplished via IPAC. (A gain or loss 

results, for example, when repayments are made prior to maturity.)

(NOTE: Transaction #11d is included here for illustrative purposes only, in the event of a resulting gain.)

Non-Credit Reform TAS (TC B135) Debit Credit Fiscal Service (GFRA TAS)

(Transaction for use by Fiscal Service only)

Debit Credit

Budgetary

4277 Other Actual Collections - Federal

4450 Unapportioned Authority

Proprietary

1010 Fund Balance With Treasury 

7112 Gains on Disposition of Borrowings N/A N/A

Budgetary

None

Proprietary

7212 Losses on Disposition of Borrowings

1010 Fund Balance With 

Treasury

1010 Fund Balance With Treasury

7500 Distribution of Income -

Dividend

N/A N/A

12. To record adjustments for anticipated resources not realized. 

Non-Credit Reform TAS (TC F112) Debit Credit Fiscal Service Debit Credit

Budgetary

4590 Apportionments – Anticipated Resources –

Programs Subject to Apportionment

4060 Anticipated Collections From NonFederal Sources

Proprietary

None

 2,000

2,000

Budgetary

None

Proprietary

None
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

17 of 26 September 2011

PRECLOSING ADJUSTED TRIAL BALANCES

Non-Credit Reform TAS Debit Credit Fiscal Service Debit Credit

Budgetary

4060 Anticipated Collections From Non-Federal 

Sources

4141 CY Borrowing Authority Realized

4145 Borrowing Authority Converted to Cash

4146 Actual Repayments of Debt, CY Authority

4148 Resources Realized Borrowing Authority

4266 Other Actual Business-Type Collections From 

Non-Federal Sources

4450 Unapportioned Authority

4510 Apportionments

4590 Apportionments – Anticipated Resources – 

Programs Subject to Apportionment

4610 Allotments – Realized Resources

4901 Delivered Orders – Obligations, Unpaid

4902 Delivered Orders – Obligations, Paid

 Total Budgetary

Proprietary

1010 Fund Balance With Treasury

2140 Accrued Interest Payable

2510 Principle Payable to the Fiscal Service

2511 Capitalized Loan Interest Payable – NonCredit Reform

5500 Insurance and Guarantee Premium Revenue

6310 Interest Expenses on Borrowing From the Fiscal 

 Service and/or the FFB

7212 Losses on Disposition of Borrowings

 Total Proprietary

 

0

10,500

10,500

3,000

10,500 

______

34,500

 1,400

 

 

 600

 1,000 

 3,000

10,500

10,500

 

 

 0

 

0 

 11,900

 0

 1,600

34,500

 0

 0

 

0

3,000

_____

3,000

Budgetary

None

Proprietary

1010 Fund Balance With Treasury

1341 Interest Receivable - Loans

1350 Loans Receivable

1351 Capitalized Loan Interest Receivable 

– Non-Credit Reform

2985 Liability for Non-Entity Assets 

Not Reported on the Statement 

of Custodial Activity

5312 Interest Revenue – Loans 

Receivable/Uninvested Interest.

7112 Gains on Disposition of Borrowing

7500 Distribution of Income - Dividend

 Total Proprietary

0

0

0

0 

0

 

 1,600 

 1,600

 

 

 600

 1,000

_______ 

 1,600
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

18 of 26 September 2011

Closing entries

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

Non-Credit Reform TAS (TC F302) Debit Credit Fiscal Service Debit Credit

Budgetary

4146 Actual Repayment of Debt – Current-Year

Authority

4201 Total Actual Resources - Collected

4148 Resources Realized from Borrowing

 Authority

4266 Other Actual Business-Type 

 Collections From Non-Fed Sources

Proprietary

None

10,500

3,000

10,500

 3,000

 

Budgetary

None

Proprietary

None

14. To record the closing of fiscal-year borrowing authority. 

Non-Credit Reform TAS (TC F306) Debit Credit Fiscal Service Debit Credit

Budgetary

4145 Borrowing Authority Converted to Cash

4141 Current-Year Borrowing Authority 

Realized

 

Proprietary

None

10,500

10,500

Budgetary

None

Proprietary

None
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

19 of 26 September 2011

15. To record the closing of unobligated balances to unapportioned authority for unexpired multi-year and no-year funds.

Non-Credit Reform TAS (TC F308) Debit Credit Fiscal Service Debit Credit

Budgetary

4610 Allotments – Realized Resources

4450 Unapportioned Authority

 

Proprietary

None

11,900

11,900

Budgetary

None

Proprietary

None

16. To record the closing of paid delivered orders to total actual resources.

Non-Credit Reform TAS (TC F314) Debit Credit Fiscal Service Debit Credit

Budgetary

4902 Delivered Orders – Obligations, Paid

4201 Total Actual Resources - Collected

 

Proprietary

None

 1,600

 1,600

Budgetary

None

Proprietary

None

17. To record the closing of revenues and expenses to cumulative results of operations. 

Non-Credit Reform TAS (TC F336) Debit Credit Fiscal Service (GFRA TAS) (TC 

F336)

Debit Credit

Budgetary

None

Proprietary

5500 Insurance and Guarantee Premium Revenue

3310 Cumulative Results of Operations

6310 Interest Expense on Borrowings From 

 Fiscal Service

 3,000 

 2,400

 600

Budgetary

None

Proprietary

5312 Interest Revenue. – Loans

Receivable/Uninvested Funds

3310 Cumulative Results of 

Operations

 

 600

 600 
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

20 of 26 September 2011

18. To record the closing of gains, losses and miscellaneous items into cumulative results of operations. 

Non-Credit Reform TAS (TC F340) Debit Credit Fiscal Service (GFRA TAS) (TC 

F388, F340)

Debit Credit

Budgetary

None

Proprietary

3310 Cumulative Results of Operations

7212 Losses on Disposition of Borrowings

1,000

1,000

Budgetary

None

Proprietary

7112 Gains on Disposition of Borrowings

3310 Cumulative Results of Operations

7500 Distribution of Income –

 Dividend

 1,000

 600

 1,600

POST-CLOSING TRIAL BALANCES

Non-Credit Reform TAS Debit Credit Fiscal Service Debit Credit

Budgetary

4201 Total Actual Resources - Collected

4450 Unapportioned Authority

 Total Budgetary

Proprietary

1010 Fund Balance With Treasury

3310 Cumulative Results of Operations

Total Proprietary

 1,400

 0 

 1,400

 1,400

 0

 1,400

 1,400

 1,400

 

 1,400 

 1,400

Budgetary

None

Proprietary

None
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

21 of 26 September 2011

Budgetary Reports

SF 133: REPORT ON BUDGET EXECUTION AND BUDGETARY RESOURCES

and PROGRAM AND FINANCING (P&F) SCHEDULE

Non-Credit Reform TAS SF133 P&F Fiscal Service (GFRA TAS)

BUDGETARY RESOURCES

All accounts:

0900 Total new obligations (4902E)

Budget authority:

Borrowing authority:

Mandatory:

1400 Borrowing authority (4141E)

Spending authority from offsetting collections:

Mandatory:

1800 Collected (4266E)

Adjustments:

1825 Spending Authority from offsetting collections applied to

repay debt (-) (4146E)

1850 Spending authority from offsetting collections (total)

1910 Total budgetary resources

1941 Unexpired unobligated balance carried forward, end of

year (4450E, 4610E)

STATUS OF BUDGETARY RESOURCES

Obligations incurred:

Reimbursable:

2102 Category B (by project) (4902E)

Unobligated balance

Apportioned

2201 Available in the current period (4610E)

1,600

10,500

3,000

(10,500)

(7,500)

3,000

 11,900

 1,600

11,900

(10,500)

3,000

1,600

10,500

3,000

(10,500)

(7,500)

3,000

 11,900

 1,600

11,900

(10,500)

3,000

N/A
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

22 of 26 September 2011

2403 Other (4450E)

2500 Total budgetary resources

CHANGE IN OBLIGATED BALANCES

Changes in obligated balance during the year:

3030 Obligations incurred, unexpired (4902E)

3040 Outlays (gross) (-) (4902E)

3100 Obligated balance, end of year (net)

BUDGET AUTHORITY AND OUTLAYS

Mandatory:

Gross budget authority and outlays:

4100 Outlays from new mandatory authority (4902E)

4110 Total outlays, gross (4902E)

4123 Non-Federal sources (-) (4266E)

Budget authority and outlays, net (total):

4180 Budget authority, net (discretionary and mandatory)

4190 Outlays, net (discretionary and mandatory)

1,600

(1,600)

 0

 1,600

 1,600

(3,000)

(3,000)

(1,400)

1,600

(1,600)

 0

 1,600

 1,600

(3,000)

(3,000)

(1,400)
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

23 of 26 September 2011

FMS 2108: YEAR-END CLOSING STATEMENT

Non-Credit Reform TAS Fiscal Service (GFRA TAS)

Unexpended Borrowing

Balances Authority

Column 3 Increases (4141E) 10,500

Column 4 Borrowings (4145E) 10,500

Column 5 Post-Closing Unexpended Balance (1010E) 1,400

Column 6 Balance (4141E, 4145E) 0

Column 11 Unobligated Balance (4610E, 4450E) 1,400

Col 5+6+7+8 = 9+10+11 Col 2+3-4-5=6

1,400 = 1,400 0=0

n/a
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

24 of 26 September 2011

BALANCE SHEET

Non-Credit Reform TAS Fiscal Service (GFRA TAS)

Assets

Intragovernmental

1. Fund Balance With Treasury (1010E) 1,400

4. Loans Receivable 0

6. Total Intragovernmental (calc 1..5) 1,400

15. Total Assets (calc 6..14) 1,400

Liabilities

Intragovernmental

18. Debt 0

20. Total Intragovernmental (calc 16..19) 0

28. Total Liabilities (calc 19..27) 0

Net Position

33. Cumulative Results of Operations – Other Funds

 (5500E, 6310E, 7212E) 1,400

34. Total Net Position (calc 29..33) 1,400

35. Total Liabilities and Net Position (calc 28+34) 1,400

Assets

Intragovernmental

1. Fund Balance With Treasury (1010E) 0

4. Loans Receivable (1341E, 1350E, 1351E) 0

6. Total Intragovernmental (calc 1..5) 0

15. Total Assets (calc 6..14) 0

Liabilities

Intragovernmental

19. Other (2980E) 0

20. Total Intragovernmental (calc 16..19) 0

28. Total Liabilities (calc 19..27) 0

Net Position

33. Cumulative Results of Operations – Other Funds

 (5312E, 7112E, 7500E) 0

34. Total Net Position (calc 29..33) 0

35. Total Liabilities and Net Position (calc 28+34) 0

STATEMENT OF NET COST

Non-Credit Reform TAS Fiscal Service (GFRA TAS)

Program Costs:

1. Gross costs (6310E) 600

2. Less: Earned revenue (5500E, 7212E) 2,000

3. Net program costs (calc 1-2) (1,400)

6. Net cost of operations (calc 3+4-5) (1,400)

Program Costs:

1. Gross Costs (7112E, 7500E) 600

2. Less: Earned revenue (5312E) 600

3. Net program costs (calc 1-2) 0

6. Net cost of operations (calc 3+4-5) 0
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

25 of 26 September 2011

STATEMENT OF CHANGES IN NET POSITION

Non-Credit Reform TAS Fiscal Service (GFRA TAS)

Earmarked All Other

Funds Funds

Cumulative Results of Operations:

1. Beg. Balances 0 0

2. Adjustments 0 0

3. Beginning Bal., as Adjusted 0 0

Other Financing Sources (Nonexchange):

14. Total Financing Sources (calc 4..13) 0 0

15. Net Cost of Operations 0 1,400

16. Net Change (calc 14-15) 0 1,400

17. Cum. Results of Operations (calc 3+16) 0 1,400

27 Net Position (calc 17+26) 0 1,400

Earmarked All Other

Funds Funds

Cumulative Results of Operations:

1. Beg. Balances 0 0

2. Adjustments 0 0

3. Beginning Bal., as Adjusted (calc 1..2b) 0 0

Other Financing Sources (Nonexchange):

14. Total Financing Sources (calc 4..13) 0 0

15. Net Cost of Operations 0 0

16. Net Change (calc 14-15) 0 0

17. Cum. Results of Operations (calc 3+16) 0 0

27. Net Position (calc 17+26) 0 0
Non-Credit Reform Borrowings From The Department Of The Treasury

With Capitalized Interest

26 of 26 September 2011

STATEMENT OF BUDGETARY RESOURCES

Non-Credit Reform TAS Fiscal Service (GFRA TAS)

BUDGETARY RESOURCES:

1490 Borrowing authority (discretionary and mandatory) (4141E) 10,500

1890 Spending Authority from offsetting collections (4146E, 4266E) (7,500)

1910 Total Budgetary Resources 3,000

STATUS OF BUDGETARY RESOURCES:

2190 Obligations Incurred (4902E) 1,600

2204 Apportioned (4610E) 11,900

2404 Unapportioned (4450E) (10,500)

2490 Unobligated balance brought forward, end of year 1,400

2500 Total Budgetary Resources 3,000

CHANGE IN OBLIGATED BALANCE:

3032 Obligations incurred (4902E) 1,600

3040 Outlays (Gross) (-) (4902E) (1,600)

BUDGET AUTHORITY AND OUTLAYS, NET:

4176 Outlays, gross (discretionary and mandatory) (4902E) 3,000

4177 Actual offsetting collections (discretionary and

 mandatory) (-) (4266E) (3,000)

4190 Outlays, net (discretionary and mandatory) 0

n/a