Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 1 of 37 September 2002

 

Background

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

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

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

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

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

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

appropriation or authorizing language, an agency may use offsetting collections to 

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

borrowing was not exercised. 

Borrowing authority is composed of two authority types:

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

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

until the authority is rescinded or completely consumed or until the program is 

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

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

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

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

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

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

(Offsetting Collections)

Scenario

Page 2 of 37 September 2002

 

USSGL ACCOUNTS ILLUSTRATED

Budgetary Accounts

Resource Accounts

4044 Anticipated Reductions to Borrowing Authority

4070 Anticipated Collections from Federal Sources

4140 Substitution of Borrowing Authority

4141 Current Year Borrowing Authority Realized

4143 Reduction of Borrowing Authority 

4149 Borrowing Authority Carried Forward

4201 Total Actual Resources Collected

4277 Other Actual Collections - Federal

Status of Resource Accounts

4450 Unapportioned Authority

4510 Apportionments

4610 Allotments – Realized Resources

4801 Undelivered Orders - Obligations, Unpaid

4902 Delivered Orders - Obligations, Paid

Proprietary Accounts

Assets

1010 Fund Balance with Treasury

Liabilities

2110 Accounts Payable

Net Position

3100 Unexpended Appropriations - Cumulative

3310 Cumulative Results of Operations

Revenue

5700 Expended Appropriations

Expenses

6100 Operating Expenses/Program Cost
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 3 of 37 September 2002

 

Explanation of Illustrated Accounts:

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

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

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

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

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

withdrawn portion of the offsetting collection used to liquidate obligations initially incurred against the 

authority to borrow is reported in USSGL account 4140. This amount is also reported on the SF 133, line 

6D (Other authority withdrawn) and P&F schedule lines 6853 and 6953 (Portion substituted for borrowing 

authority). The following account is illustrated in this scenario. 

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

appropriations or offsetting collections that were initially used to liquidate obligations 

incurred against authority to borrow. 

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

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

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

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

account is illustrated in this scenario. 

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

reduced by legislation or administrative action during the fiscal year.

Scenario Guidelines:

This scenario includes two years of activity for definite and indefinite borrowing authority. The agency has 

authority to borrowing and has incurred obligations against borrowing authority. The agency also 

anticipates offsetting collections. Based on appropriation language or legislation, the agency uses 

offsetting collections to liquidate the obligations initially incurred against authority to borrow, when the 

borrowing is not exercised. 

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

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

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

 (Offsetting Collections)

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

Collections)
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 4 of 37 September 2002

 

Scenario A: Definite Borrowing Authority - Portion Substituted for 

Borrowing Authority (Offsetting Collections)

Year 1

1. To record borrowing authority.

Year 1

Budgetary Entry

DR 4141 Current Year Borrowing Authority Realized 1,000

CR 4450 Unapportioned Authority 1,000

TC 

A152

2a. To record anticipated collections. 

Year 1

Budgetary Entry

DR 4070 Anticipated Collections from Federal Sources 400

CR 4450 Unapportioned Authority 400

TC 

A140

2b. To record anticipated reduction of borrowing authority due to the anticipated collections. The

 borrowing authority will be substituted by offsetting collections.

Year 1

Budgetary Entry

DR 4450 Unapportioned Authority 400

 CR 4044 Anticipated Reductions to Borrowing Authority 400

TC

A164

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

 Year 1

Budgetary Entry

DR 4450 Unapportioned Authority 800

CR 4510 Apportionments 800

TC 

A116

4. To record allotment of apportioned borrowing authority.

Year 1

Budgetary Entry

DR 4510 Apportionments 800

CR 4610 Allotments - Realized Resources 800

TC 

A120
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 5 of 37 September 2002

 

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

Year 1

Budgetary Entry

DR 4610 Allotments Realized Resources 800

CR 4801 Undelivered Orders – Obligations, Unpaid 800

TC 

B204

6a. To record receipt of previously anticipated collections.

Year 1

Budgetary Entry

DR 4277 Other Actual Collections 400

CR 4070 Anticipated Collections from Federal Sources 400

Proprietary Entry

DR 1010 Fund Balance with Treasury 400

CR 5900 Other Revenue 400

TC 

C110

6b. Based on an appropriation or authorizing language authorizing language, the agency substituted

 borrowing authority with offsetting collections.

Year 1

Budgetary Entry

DR 4044 Anticipated Reductions to Borrowing Authority 400

CR 4140 Substitution of Borrowing Authority 400

New

TC

A159

7. To record payment and disbursement of funds. 

Year 1

Budgetary Entry

DR 4801 Undelivered Orders – Obligations, Unpaid 400

CR 4902 Delivered Orders – Obligations, Paid 400

Proprietary Entry

DR 6100 Operating Expenses/Program Costs 400

CR 1010 Fund Balance with Treasury 400 

TC 

B107
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 6 of 37 September 2002

 

Definite Borrowing Authority

Pre - Closing Trial Balance

Year 1

USSGL Account Debit Credit

Budgetary

4140

4141

4277

4450

4801

4902

Total

5900

6100

Total

 1,000

 400

 

 0

 1,400

 

 400

 400 

 400

 

 200

 400

 400

 1,400

 400

 0

 400
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 7 of 37 September 2002

 

Definite Borrowing Authority

SF 133: Report On Budget Execution And Budgetary Resources 

Year 1

BUDGETARY RESOURCES 

1. Budget authority

 B. Borrowing authority (4141E) 1,000

3. Spending authority from offsetting collections:

 A1. Collected (4277E) 400

6. Permanently not available:

 D Other withdrawn (4140E) (400)

7. Total budgetary resources 1,000

STATUS OF BUDGETARY RESOURCES

8. Obligations incurred:

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

10. Unobligated balance not available:

D. Other (4450E) 200

11. Total status of budgetary resources 1,000

RELATIONSHIP OF OBLIGATIONS TO OUTLAYS

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

13. Obligated balance transferred, net 

14. Obligated balance, net, end of period

 C. Undelivered orders (4801E) 400

 D. Accounts payable (4901E) 0

15. Outlays:

A. Collections (4277E) 400

 B. Disbursements (4902E) 400

Definite Borrowing Authority

USSGL-2108 Year End Closing Statement

Year 1

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

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

Col. 3 Increases and rescissions (4141E+4140E) 600

Col. 4 Borrowings (4145) 0

Col. 5 N/A 

Col. 6 Balance (4140E+4141E+ 4145E+4149B) calc (2+3-4-5) 600

Col. 9 Undelivered Orders (4801E) 400 

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

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

(Offsetting Collections)

Scenario

Page 8 of 37 September 2002

 

Definite Borrowing Authority 

Program And Financing (Schedule P)

Year 1

TOTAL NEW OBLIGATIONS:

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

BUDGETARY RESOURCES AVAILABLE FOR OBLIGATION:

2140 Unobligated balance carried forward, start of year 0

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

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

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

2395 Total new obligations (-) ( 800)

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

NEW BUDGETARY AUTHORITY (GROSS), DETAIL:

Mandatory:

6710 Authority to borrow (4141E) 1,000

6900 Spending authority from offsetting collections (4277E) 400

6953 Portion substituted for borrowing authority (-) (4140E) (400)

 (domain value of "S" for authority type) 

6990 Total spending authority for offsetting collections 0

CHANGE IN OBLIGATED BALANCES

7240 Obligated balance, start of year 0 

7310 Total new obligation (4801E-B+4901E-B+4902E) 800

7320 Total outlays (4802E-B +4902E) (400)

7440 Obligated balance, end of year (4801E+4901E) 400

OUTLAYS (GROSS), DETAIL:

8697 Outlays from new mandatory authority (4802E-B+4902E) 400

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

8700 Total outlays (4802E-B, 4902E) 400

OFFSETS:

8800 Federal sources (4277E) (400)

NEW BUDGET AUTHORITY AND OUTLAYS:

8900 Budget authority (net) 600

9000 Outlays (net) 0 
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 9 of 37 September 2002

 

Definite Borrowing Authority 

Balance Sheet

Year 1

Assets 

Intragovernmental

1. Fund Balance with Treasury (1010E) 0

15. Total assets 0

Liabilities

Intragovernmental

16. Accounts payable (2110E) 0

27. Total liabilities 0

Net Position

 29. Unexpended appropriation (3100E) 0

 30. Cumulative Results of Operations (3310E) 0

 31. Total net position 0

 32. Total liabilities and net position 0

Definite Borrowing Authority

Statement of Net Cost

Year 1

Program Costs

1. Intragovernmental gross costs (6100E) 400

2. Less: Intragovernmental earned revenue (5900E) (400)

3. Intragovernmental net costs 0

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

(Offsetting Collections)

Scenario

Page 10 of 37 September 2002

 

Definite Borrowing Authority

Statement of Changes in Net Position

Year 1

Cumm. Results Unexp. Approp. 

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

3. Beginning Balance as adjusted 0 0

Budgetary Financing Sources:

4. Appropriations received (3101E) 0

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

 16. Total Financing Sources 0 0

17. Net Cost of Operations 0 0

18. Ending Balances 0 0

Definite Borrowing Authority

Statement of Financing

Year 1

Resources Used to Finance Activities

Budgetary Resources Obligated

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

2. Less: Spending Authority from offsetting collections (4277E) (400)

11. Total resources used to finance activities (400)

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

Ordered but not yet provided (4801E-B) (400)

17. Total resources used to finance items not part of the net cost of operations (400) 

18. Total resources used to resources used to finance net 

 cost of operations (lines 11-17) 0

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

(Offsetting Collections)

Scenario

Page 11 of 37 September 2002

 

Definite Borrowing Authority

Closing Entry - Year 1

8. Closing of fiscal year borrowing authority.

Year 1

Budgetary Entry

DR 4140 Substitution of Borrowing Authority 400

DR 4149 Borrowing Authority Carried Forward 600

CR 4141 Current Year Borrowing Authority Realized 1,000

TC 

F208

9. Closing of fiscal year borrowing authority.

Year 1

Budgetary Entry

DR 4902 Delivered Orders - Obligations, Paid 400

CR 4201 Total Actual Resources - Collected 400

TC 

F204

10. Closing of fiscal year borrowing authority.

Year 1

Budgetary Entry

DR 4201 Total Actual Resources - Collected 400

CR 4277 Other Actual Collections Federal 400

TC 

F204

11. Closing of revenue account to cumulative results of operations.

Year 1

Budgetary Entry

DR 5900 Other Revenue 400

CR 3310 Cumulative Results of Operations 400

DR 3310 Cumulative Results of Operations 400

DR 6100 Operating Expenses/Program Costs 400

TC 

F228
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 12 of 37 September 2002

 

Definite Borrowing Authority

Post - Closing Trial Balance

Year 1

USSGL Account Debit Credit

Budgetary

4149

4450

4801

Total

 600

 

 0

 600

 

 

 200 

 400

 600
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 13 of 37 September 2002

 

Definite Authority -Year 2

1a. To record anticipated collections. 

Year 2

Budgetary Entry

DR 4070 Anticipated Collections from Federal Sources 300

CR 4450 Unapportioned Authority 300

TC 

A140

1b. To record anticipated reduction of borrowing authority due to the anticipated collections. The

 borrowing authority will be substituted by offsetting collections.

Year 2

Budgetary Entry

DR 4450 Unapportioned Authority 300

 CR 4044 Anticipated Reductions to Borrowing Authority 300

TC

A164

2a. To record receipt of previously anticipated collections.

Year 2

Budgetary Entry

DR 4277 Other Actual Collections 300

CR 4070 Anticipated Collections from Federal Sources 300

Proprietary Entry

DR 1010 Fund Balance with Treasury 300

CR 5900 Other Revenue 300

TC 

C110

2b. Based on an appropriation or authorizing language, the agency substituted borrowing authority with

 offsetting collections.

Year 2

Budgetary Entry

DR 4044 Anticipated Reductions to Borrowing Authority 300

CR 4140 Substitution of Borrowing Authority 300

New

TC

A159

3. To record payment and disbursement of funds. 

Year 2

Budgetary Entry

DR 4801 Undelivered Orders – Obligations, Unpaid 300

CR 4902 Delivered Orders – Obligations, Paid 300

Proprietary Entry

DR 6100 Operating Expenses/Program Costs 300

CR 1010 Fund Balance with Treasury 300 

TC 

B107
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 14 of 37 September 2002

 

Definite Borrowing Authority

Pre - Closing Trial Balance

Year 2

USSGL Account Debit Credit

Budgetary

4140

4149

4277

4450

4801

4902

Total

5900

6100

Total

 600

 300

 

 

 0

 900

 

 

 300

 300 

 300

 

 200

 100

 300

 900

 300 

 0 

 300
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 15 of 37 September 2002

 

Definite Borrowing Authority

SF 133: Report On Budget Execution And Budgetary Resources 

Year 2

BUDGETARY RESOURCES 

1. Budget authority

 B. Borrowing authority (4141E) 0

2. Unobligated balance:

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

3. Spending authority from offsetting collections:

 A1. Collected (4277E) 300

6. Permanently not available:

 D. Other authority withdrawn (4140E) (300)

7. Total budgetary resources 200

STATUS OF BUDGETARY RESOURCES

8. Obligations incurred:

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

10. Unobligated balance not available:

D. Other (4450E) 200

11. Total status of budgetary resources 200

RELATIONSHIP OF OBLIGATIONS TO OUTLAYS

12. Obligated balance, net as of October 1 (4801B + 4901B) 400 

13. Obligated balance transferred, net 

14. Obligated balance, net, end of period:

 C. Undelivered orders (4801E) 100

 D. Accounts payable (4901E) 0

15. Outlays:

A. Collections (4277E) 300

 B. Disbursements (4902E) 300

Definite Borrowing Authority

USSGL-2108 Year End Closing Statement

Year 2

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

Col. 2 Balance of borrowing authority 600

Col. 3 Increases and rescissions (4141E+4140E) (300)

Col. 4 Borrowings (4145E) 0 

Col. 5 N/A 0 

Col. 6 Balance (4141E+ 4140E+4149B) calc (2+3-4-5) 300

Col. 9 Undelivered Orders (4801E) 100 

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

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

(Offsetting Collections)

Scenario

Page 16 of 37 September 2002

 

Definite Borrowing Authority 

Program And Financing (Schedule P)

Year 2

TOTAL NEW OBLIGATIONS:

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

BUDGETARY RESOURCES AVAILABLE FOR OBLIGATION:

2140 Unobligated balance carried forward, start of year 200

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

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

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

2395 Total new obligations (-) 0 

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

NEW BUDGETARY AUTHORITY (GROSS), DETAIL:

Mandatory:

6710 Authority to borrow (4141E) 0

6900 Spending authority from offsetting collections (4277E) 300

6953 Portion substituted for borrowing authority (-) (4140E) (300) 

 (domain value of "S" for authority type)

6990 Spending authority from offsetting collections (total) 0 

CHANGE IN OBLIGATED BALANCES:

7240 Obligated balance, start of year (4801B+4901B) 400 

7310 Total new obligations 0

7320 Total outlays (gross) (-) (4902E) (300)

7440 Obligated balance, end of year (4801E+4901E) 100

OUTLAYS (GROSS), DETAIL:

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

8698 Outlays from mandatory balances (4802E-B + 4902E) 300 

8700 Total outlays (4802E-B, 4902E) 300

OFFSETS:

8800 Federal sources (4277E) (300)

NEW BUDGET AUTHORITY AND OUTLAYS:

8900 Budget authority (net) (300)

9000 Outlays (net) 0 
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 17 of 37 September 2002

 

Definite Borrowing Authority 

Balance Sheet

Year 2

Assets 

Intragovernmental

1. Fund Balance with Treasury (1010E) 0

15. Total assets 0

Liabilities

Intragovernmental

16. Accounts payable (2110E) 0

27. Total liabilities 0

Net Position

 29. Unexpended appropriation (3100E) 0

 30. Cumulative Results of Operations (3310E) 0

 31. Total net position 0

32. Total liabilities and net position 0

Definite Borrowing Authority

Statement of Net Cost

Year 2

Program Costs

1. Intragovernmental gross costs (6100E) 300

2. Less: Intragovernmental earned revenue (300)

3. Intragovernmental net costs 0

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

(Offsetting Collections)

Scenario

Page 18 of 37 September 2002

 

Definite Borrowing Authority

Statement of Changes in Net Position

Year 2

Cumm. Results Unexp. Approp. 

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

3. Beginning Balance as adjusted 0 0

Budgetary Financing Sources:

4. Appropriations received (3101E) 0

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

 16. Total Financing Sources 0 0

17. Net Cost of Operations 0 0

18. Ending Balances 0 0

Definite Borrowing Authority

Statement of Financing

Year 2

Resources Used to Finance Activities

Budgetary Resources Obligated

1. Obligations incurred (4801E-B + 4901E-B+ 4902E) 400

2. Less: Spending authority from offsetting collections (4277E) (300)

11. Total resources used to finance activities 100

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

Ordered but not yet provided (4801E-B) 100

17. Total resources used to finance items not part of the net cost of operations 100

18. Total resources used to resources used to finance net 

 cost of operations (lines 11-17) 0

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

(Offsetting Collections)

Scenario

Page 19 of 37 September 2002

 

Definite Borrowing Authority

Closing Entry - Year 2

4. Closing of fiscal year borrowing authority.

Year 2

Budgetary Entry

DR 4140 Substitution of Borrowing Authority 300

 CR 4149 Borrowing Authority Carried Forward 300

TC 

F208

5. Closing of fiscal year borrowing authority.

Year 2

Budgetary Entry

DR 4902 Delivered Orders - Obligations, Paid 300

CR 4201 Total Actual Resources - Collected 300

TC 

F204

6. Closing of fiscal year borrowing authority.

Year 2

Budgetary Entry

DR 4201 Total Actual Resources - Collected 300

CR 4277 Other Actual Collections Federal 300

TC 

F204

7. Closing of revenue account to cumulative results of operations.

Year 2

Budgetary Entry

DR 5900 Other Revenue 300

CR 3310 Cumulative Results of Operations 300

DR 3310 Cumulative Results of Operations 300

DR 6100 Operating Expenses/Program Costs 300

TC 

F228
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 20 of 37 September 2002

 

Definite Borrowing Authority

Post - Closing Trial Balance

Year 2

USSGL Account Debit Credit

Budgetary

4149

4450

4801

Total

 300

 

 0

 300

 

 200 

 100

 300
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 21 of 37 September 2002

 

Scenario B: Indefinite Borrowing Authority - Portion Substituted for 

Borrowing Authority (Offsetting Collections)

Indefinite Borrowing Authority - Year 1

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

Year 1

Budgetary Entry

DR 4042 Estimated Borrowing Authority 1,000

CR 4450 Unapportioned Authority 1,000

TC 

A162

2a. To record anticipated collections. 

Year 1

Budgetary Entry

DR 4070 Anticipated Collections from Federal Sources 400

CR 4450 Unapportioned Authority 400

TC 

A140

2b. To record anticipated reduction of borrowing authority due to the anticipated collections. The

 borrowing authority will be substituted by offsetting collections.

Year 1

Budgetary Entry

DR 4450 Unapportioned Authority 400

 CR 4044 Anticipated Reductions to Borrowing Authority 400

TC

A164

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

 Year 1

Budgetary Entry

DR 4450 Unapportioned Authority 800

CR 4510 Apportionments 800

TC 

A116

4. To record the allotment of borrowing authority.

Year 1

Budgetary Entry

DR 4510 Apportionments 800

CR 4610 Allotments - Realized Resources 800

TC 

A120
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 22 of 37 September 2002

 

5. To record an unexpended obligation for authority previously allotted and the realization of contract

authority. 

Year 1

Budgetary Entry

a. 4610 Allotments Realized Resources 800

CR 4801 Undelivered Orders – Obligations, Unpaid 800

b. 4141 Current Year Borrowing Authority Realized 800

CR 4042 Estimated Borrowing Authority 800

TC 

B204

TC

A154

6a. To record receipt of previously anticipated collections.

Year 1

Budgetary Entry

DR 4277 Other Actual Collections 400

CR 4070 Anticipated Collections from Federal Sources 400

Proprietary Entry

DR 1010 Fund Balance with Treasury 400

CR 5900 Other Revenue 400

TC 

C110

6b. Based an appropriation or authorizing language, the agency substituted borrowing authority with

 offsetting collections.

Year 1

Budgetary Entry

DR 4044 Anticipated Reductions to Borrowing Authority 400

CR 4140 Substitution of Borrowing Authority 400

New

TC

A159

7. To record payment and disbursement of funds. 

Year 1

Budgetary Entry

DR 4801 Undelivered Orders – Obligations, Unpaid 400

CR 4902 Delivered Orders – Obligations, Paid 400

Proprietary Entry

DR 6100 Operating Expenses/Program Costs 400

CR 1010 Fund Balance with Treasury 400 

TC 

B107
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 23 of 37 September 2002

 

Indefinite Borrowing Authority 

Adjusting Entry - Year 1

8. To adjust the estimated borrowing authority to zero and record reduction of unobligated balance for 

indefinite borrowing authority. 

Year 1

Budgetary Entry

a. DR 4141 Current Year Borrowing Authority Realized 200

CR 4042 Estimated Borrowing Authority 200

b. DR 4450 Unapportioned Authority 200

CR 4143 Reduction of Borrowing Authority 200

TC

A154

TC 

B204

Indefinite Borrowing Authority

Pre - Closing Trial Balance

Year 1

USSGL Account Debit Credit

Budgetary

4140

4141

4143

4277

4801

4902

Total

5900

6100

Total

 1,000

 

 400 

 0

 1,400

 400

 400

 400

 200

 

 400

 400

 1,400

 400

 0

 400
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 24 of 37 September 2002

 

Indefinite Borrowing Authority

SF 133: Report On Budget Execution And Budgetary Resources 

Year 1

BUDGETARY RESOURCES 

1. Budget authority

 B. Borrowing authority (4141E) 1,000

3. Spending authority from offsetting collections:

 A1. Collected (4277E) 400

6. Permanently not available:

 D. Other withdrawn (4140E + 4143E) (600)

7. Total budgetary resources 800

STATUS OF BUDGETARY RESOURCES

8. Obligations incurred:

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

10. Unobligated balance not available:

D. Other (4450E) 0

11. Total status of budgetary resources 800

RELATIONSHIP OF OBLIGATIONS TO OUTLAYS

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

13. Obligated balance transferred, net 

14. Obligated balance, net, end of period

 C. Undelivered orders (4801E) 400

 D. Accounts payable (4901E) 0

15. Outlays:

A. Collections (4277E) 400

 B. Disbursements (4902E) 400

Indefinite Borrowing Authority

USSGL-2108 Year End Closing Statement

Year 1

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

Col. 2 Balance of borrowing authority 0

Col. 3 Increases (4141E) 1 ,000

Col. 4 Borrowings (4145E) 0

Col. 5 Adjustments (4140E+4143E) (600)

Col. 6 Balance (4140E+4141E+4143E+4145E+4149B) calc (2+3-4-5) 400

Col. 9 Undelivered Orders (4801E) 400 

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

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

(Offsetting Collections)

Scenario

Page 25 of 37 September 2002

 

Indefinite Borrowing Authority 

Program And Financing (Schedule P)

Year 1

TOTAL NEW OBLIGATIONS:

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

BUDGETARY RESOURCES AVAILABLE FOR OBLIGATION:

2140 Unobligated balance carried forward, start of year 0

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

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

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

2395 Total new obligations (-) (800)

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

NEW BUDGETARY AUTHORITY (GROSS), DETAIL:

Mandatory:

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

6900 Spending authority from offsetting collections (4277E) 400

6953 Portion substituted for borrowing authority (-) (4140E) (400)

 (domain value of "S" for authority type) 

6990 Spending authority from offsetting collections (total) 0

CHANGE IN OBLIGATED BALANCES:

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

7310 Total new obligations 800

7320 Total outlays (gross) (-) (4902E) (400)

7440 Obligated balance, end of year (4801E+4901E) 400

OUTLAYS (GROSS), DETAIL:

8697 Outlays from new mandatory authority (4802E-B+4902E) 400

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

8700 Total outlays (4802E-B, 4902E) 400

OFFSETS:

8800 Federal sources (4277E) (400)

NEW BUDGET AUTHORITY AND OUTLAYS:

8900 Budget authority (net) 400

9000 Outlays (net) 0 
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 26 of 37 September 2002

 

Indefinite Borrowing Authority 

Balance Sheet

Year 1

Assets 

Intragovernmental

1. Fund Balance with Treasury (1010E) 0

15. Total assets 0

Liabilities

Intragovernmental

16. Accounts payable (2110E) 0

27. Total liabilities 0

Net Position

 29. Unexpended appropriation (3100E) 0

 30. Cumulative Results of Operations (3310E) 0

 31. Total net position 0

32. Total liabilities and net position 0

Indefinite Borrowing Authority

Statement of Net Cost

Year 1

Program Costs

1. Intragovernmental gross costs (6100E) 400

2. Less: Intragovernmental earned revenue (5900E) (400)

3. Intragovernmental net costs 0

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

(Offsetting Collections)

Scenario

Page 27 of 37 September 2002

 

Indefinite Borrowing Authority

Statement of Changes in Net Position

Year 1

Cumm. Results Unexp. Approp. 

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

3. Beginning Balance as adjusted 0 0

Budgetary Financing Sources:

4. Appropriations received (3101E) 0

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

 16. Total Financing Sources 0 0

17. Net Cost of Operations 0 0

18. Ending Balances 0 0

Indefinite Borrowing Authority

Statement of Financing

Year 1

Resources Used to Finance Activities

Budgetary Resources Obligated

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

2. Less: Spending Authority from offsetting collections (4277E) (400)

11. Total resources used to finance activities (400)

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

Ordered but not yet provided (4801E-B) (400)

17. Total resources used to finance items not part of the net cost of operations (400) 

18. Total resources used to resources used to finance net 

 cost of operations (lines 11-17) 0

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

(Offsetting Collections)

Scenario

Page 28 of 37 September 2002

 

Indefinite Borrowing Authority

Closing Entry - Year 1

9. Closing of fiscal year borrowing authority.

Year 1

Budgetary Entry

DR 4143 Reduction of Borrowing Authority 200

DR 4140 Substitution of Borrowing Authority 400

DR 4149 Borrowing Authority Carried Forward 400

CR 4141 Current Year Borrowing Authority Realized 1,000

TC 

F208

10. Closing of fiscal year borrowing authority.

Year 1

Budgetary Entry

DR 4902 Delivered Orders - Obligations, Paid 400

CR 4201 Total Actual Resources - Collected 400

TC 

F204

11. Closing of fiscal year borrowing authority.

Year 1

Budgetary Entry

DR 4201 Total Actual Resources - Collected 400

CR 4277 Other Actual Collections Federal 400

TC 

F204

12. Closing of revenue account to cumulative results of operations.

Year 1

Budgetary Entry

DR 5900 Other Revenue 400

CR 3310 Cumulative Results of Operations 400

DR 3310 Cumulative Results of Operations 400

DR 6100 Operating Expenses/Program Costs 400

TC 

F228
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 29 of 37 September 2002

 

Indefinite Borrowing Authority

Post - Closing Trial Balance

Year 1

USSGL Account Debit Credit

Budgetary

4149

4801

Total

 400

 0

 800

 

 400

 800
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 30 of 37 September 2002

 

Indefinite Authority -Year 2

1a. To record anticipated collections. 

Year 2

Budgetary Entry

DR 4070 Anticipated Collections from Federal Sources 300

CR 4450 Unapportioned Authority 300

TC 

A140

1b. To record anticipated reduction of borrowing authority due to the anticipated collections. The 

borrowing authority will be substituted by offsetting collections.

Year 2

Budgetary Entry

DR 4450 Unapportioned Authority 300

 CR 4044 Anticipated Reductions to Borrowing Authority 300

TC

A164

2a. To record receipt of previously anticipated collections.

Year 2

Budgetary Entry

DR 4277 Other Actual Collections 300

CR 4070 Anticipated Collections from Federal Sources 300

Proprietary Entry

DR 1010 Fund Balance with Treasury 300

CR 5900 Other Revenue 300

TC 

C110

2b. Based on an appropriation or authorizing language, the agency substituted borrowing authority with

 offsetting collections.

Year 2

Budgetary Entry

DR 4044 Anticipated Reductions to Borrowing Authority 300

CR 4140 Substitution of Borrowing Authority 300

New

TC

A159

3. To record payment and disbursement of funds. 

Year 2

Budgetary Entry

DR 4801 Undelivered Orders – Obligations, Unpaid 300

CR 4902 Delivered Orders – Obligations, Paid 300

Proprietary Entry

DR 6100 Operating Expenses/Program Costs 300

CR 1010 Fund Balance with Treasury 300 

TC 

B107
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 31 of 37 September 2002

 

Indefinite Borrowing Authority

Pre - Closing Trial Balance

Year 2

USSGL Account Debit Credit

Budgetary

4140

4149

4277

4801

4902

Total

5900

6100

Total

 400

 300

 

 0

 700

 

 

 300

 300 

 300

 

 100

 300

 700

 300 

 0 

 300
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 32 of 37 September 2002

 

Indefinite Borrowing Authority

SF 133: Report On Budget Execution And Budgetary Resources 

Year 2

BUDGETARY RESOURCES 

1. Budget authority

 B. Borrowing authority (4141E) 0

2. Unobligated balance:

 A. Beginning of period (4149B+4201B+4801B) 0 

3. Spending authority from offsetting collections:

 A1. Collected (4277E) 300

6. Permanently not available:

 D. Other authority withdrawn (4140E) (300)

7. Total budgetary resources 0

STATUS OF BUDGETARY RESOURCES

8. Obligations incurred:

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

10. Unobligated balance not available:

D. Other (4450E) 0

11. Total status of budgetary resources 0

RELATIONSHIP OF OBLIGATIONS TO OUTLAYS

10. Obligated balance, net as of October 1 (4801B + 4901B) 400

13. Obligated balance transferred, net 

14. Obligated balance, net, end of period:

 C. Undelivered orders (4801E) 100

 D. Accounts payable (4901E) 0

15. Outlays:

A. Collections (4277E) 300

 B. Disbursements (4902E) 300

Indefinite Borrowing Authority

USSGL-2108 Year End Closing Statement

Year 2

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

Col. 2 Balance of borrowing authority (4149E) 400

Col. 3 Increases (4141E) 0

Col. 4 Borrowings (4145E) 0 

Col. 5 Adjustments (4140E) (300) 

Col. 6 Balance (4141E+ 4145E+4140E+4149B) calc (2+3-4-5) 100

Col. 9 Undelivered Orders (4801E) 100 

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

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

(Offsetting Collections)

Scenario

Page 33 of 37 September 2002

 

Indefinite Borrowing Authority 

Program And Financing (Schedule P)

Year 2

TOTAL NEW OBLIGATIONS:

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

BUDGETARY RESOURCES AVAILABLE FOR OBLIGATION:

2140 Unobligated balance carried forward, start of year 0

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

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

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

2395 Total new obligations (-) 0

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

NEW BUDGETARY AUTHORITY (GROSS), DETAIL:

Mandatory:

6710 Authority to borrow (4141E+4143E) 0

6900 Spending authority from offsetting collections (4277E) 300

6953 Portion substituted for borrowing authority (-) (4140E) (300) 

 (domain value of "S" for authority type) 

6990 Spending authority from offsetting collections (total) 0

CHANGE IN OBLIGATED BALANCES:

7240 Obligated balance, start of year (4801B+4901B) 400 

7310 Total new obligations 0

7320 Total outlays (gross) (-) (4902E) (300)

7440 Obligated balance, end of year (4801E+4901E) 100

OUTLAYS (GROSS), DETAIL:

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

8698 Outlays from mandatory balances (4802E-B + 4902E) 300 

8700 Total outlays (4802E-B, 4902E) 300

OFFSETS:

8800 Federal sources (4277E) (300)

NEW BUDGET AUTHORITY AND OUTLAYS:

8900 Budget authority (net) (300)

9000 Outlays (net) 0 
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 34 of 37 September 2002

 

Indefinite Borrowing Authority 

Balance Sheet

Year 2

Assets 

Intragovernmental

1. Fund Balance with Treasury (1010E) 0

15. Total assets 0

Liabilities

Intragovernmental

16. Accounts payable (2110E) 0

27. Total liabilities 0

Net Position

 29. Unexpended appropriation (3100E) 0

 30. Cumulative Results of Operations (3310E) 0

 31. Total net position 0

32. Total liabilities and net position 0

Indefinite Borrowing Authority

Statement of Net Cost

Year 2

Program Costs

1. Intragovernmental gross costs (6100E) 300

2. Less: Intragovernmental earned revenue (300)

3. Intragovernmental net costs 0

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

(Offsetting Collections)

Scenario

Page 35 of 37 September 2002

 

Indefinite Borrowing Authority

Statement of Changes in Net Position

Year 2

Cumm. Results Unexp. Approp. 

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

3. Beginning Balance as adjusted 0 0

Budgetary Financing Sources:

4. Appropriations received (3101E) 0

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

 16. Total Financing Sources 0 0

17. Net Cost of Operations 0 0

18. Ending Balances 0 0

Indefinite Borrowing Authority

Statement of Financing

Year 2

Resources Used to Finance Activities

Budgetary Resources Obligated

1. Obligations incurred (4801E-B + 4901E-B+ 4902E) 400

2. Less: Spending authority from offsetting collections (4277E) (300)

11. Total resources used to finance activities 100

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

Ordered but not yet provided (4801E-B) 100

17. Total resources used to finance items not part of the net cost of operations 100

18. Total resources used to resources used to finance net 

 cost of operations (lines 11-17) 0

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

(Offsetting Collections)

Scenario

Page 36 of 37 September 2002

 

Indefinite Borrowing Authority

Closing Entry - Year 2

4. Closing of fiscal year borrowing authority.

Year 2

Budgetary Entry

DR 4140 Substitution of Borrowing Authority 300

 CR 4149 Borrowing Authority Carried Forward 300

TC 

F208

5. Closing of fiscal year borrowing authority.

Year 2

Budgetary Entry

DR 4902 Delivered Orders - Obligations, Paid 300

CR 4201 Total Actual Resources - Collected 300

TC 

F204

6. Closing of fiscal year borrowing authority.

Year 2

Budgetary Entry

DR 4201 Total Actual Resources - Collected 300

CR 4277 Other Actual Collections Federal 300

TC 

F204

7. Closing of revenue account to cumulative results of operations.

Year 2

Budgetary Entry

DR 5900 Other Revenue 300

CR 3310 Cumulative Results of Operations 300

DR 3310 Cumulative Results of Operations 300

DR 6100 Operating Expenses/Program Costs 300

TC 

F228
Portion Substituted for Borrowing Authority 

(Offsetting Collections)

Scenario

Page 37 of 37 September 2002

 

Indefinite Borrowing Authority

Post - Closing Trial Balance

Year 2

USSGL Account Debit Credit

Budgetary

4149

4801

Total

 100

 0

 100

 

 100

 100