Scenario II

Trust Fund Balances Precluded From Obligation

II - 1 June 2001

Certain trust funds fall under a requirement whereby any unobligated balances remaining at yearend must 

be classified as temporarily not available and, in effect, temporarily removed from budget execution. This 

requirement applies only to funds wherein receipts are immediately appropriated, but are precluded from 

obligation at yearend by a provision of law, such as a benefit formula or limitation. This authority can be 

precluded during the year (i.e., by legislation) but is more commonly seen with trust funds at the end of the 

year (i.e., for trust funds with legislative provisions that contain a benefit formula or limitation on 

obligations). Some of the larger dollar-value and commonly known trust funds fit into this category. 

Examples of these types of trust funds are the Federal Old-Age and Survivor's Insurance Trust Fund, 

Federal Hospital Insurance Trust Fund, and Unemployment Trust Fund.

Reporting guidelines stipulate that the yearend SF 133 must agree with the P&F in the Budget. 

Furthermore, there is a relationship between Schedule N: Schedule of Unavailable Collections (which 

precedes the P&F in the Budget) and the P&F. The Schedule N and P&F together, as well as the yearend 

SF 133, should reflect that the amount of current-year receipts less obligations equals amounts precluded 

from obligation. In addition, budgetary reporting of these trust funds reflects no beginning or ending 

unobligated balances available for obligation.

During the year, appropriated receipts are recorded as new budget authority on Line 1A of the SF 133, 

while at the same time obligations are incurred. On September 30th, any remaining unobligated balances 

become temporarily precluded from obligation, and are subtracted from budget authority on Line 5 of the 

SF 133. This process results in a zero unobligated balance on both the SF 133 and P&F. However, the 

balances remain on Schedule N until such time as needed when current-year receipts are not enough to 

cover current-year obligations. Furthermore, the unobligated balances are to be included on the USSGL

2108, Column 11, Unobligated Balances.

To account for this type of activity, the following budgetary USSGL accounts were established to ensure 

accurate reporting on the SF 133, USSGL 2108, and multiple lines of the P&F: 

4157 Authority Made Available from Receipt or Appropriation Balances Previously Precluded 

from Obligation

4158 Authority Made Available from Offsetting Collections Balances Previously Precluded from 

Obligation

4397 Receipts and Appropriations Temporarily Precluded from Obligation

4398 Offsetting Collections Temporarily Precluded from Obligation

USSGL accounts 4397 and 4398 are recorded to temporarily preclude receipts or offsetting collections 

from obligation. These accounts are credited at yearend against any remaining unobligated balances and 

remain open. On the SF 133, they crosswalk to Line 5, Temporarily Not Available Pursuant to Public 

Law, as fiscal year amounts and are subtracted to bring total budgetary resources to zero. The beginning 

balances are carried forward to Line 2A, Unobligated Balance Brought Forward, the following year, but are 

netted against total actual resources collected, thus resulting in a zero balance on Line 2A. On the USSGL

2108, these accounts crosswalk to Column 11, Unobligated Balances, and represent invested balances. 

This causes a disconnect between the unobligated balances reported on the SF 133 and USSGL 2108, with 

the difference captured in USSGL accounts 4397 and 4398. 
Scenario II

Trust Fund Balances Precluded From Obligation

II - 2 June 2001

USSGL accounts 4157 and 4158 are recorded to return authority to the trust fund if current-year receipts 

are not enough to cover current-year obligations. The "returned" authority is treated as new budget 

authority on the SF 133. However, if the trust fund's total current-year receipts are greater than total 

current-year obligations, then these accounts must be adjusted to zero prior to submitting the FACTS II 

ATB (preclosing entry). If, on the other hand, the trust fund's total current-year receipts are not enough to 

cover current-year obligations, then these accounts are closed as part of the post-closing entries. The 

following scenario illustrates each of these concepts.

Year 1 illustrates the proper entries for a trust fund where the total amount of current-year receipts is 

greater than total current-year obligations.

Year 2 illustrates authority returned to the trust fund in order to cover obligations, and the corresponding 

entries where the total amount of current-year receipts at yearend is greater than the amount that was 

needed to cover current-year obligations.

Year 3 illustrates authority returned to the trust fund to cover obligations, and the corresponding entries 

where the total amount of current-year receipts at yearend is not enough to cover current-year obligations.
Scenario II

Trust Fund Balances Precluded From Obligation

II - 3 June 2001

Year 1

1. To record appropriated receipts from Federal sources into a trust fund. The receipts are 

deposited into an available trust fund receipt account, and are automatically credited to the 

corresponding expenditure account.1 Assume a portion of the receipts is subject to 

apportionment. (TC A186)

Budgetary

4114 Appropriated Trust or Special Fund Receipts 500

4450 Unapportioned Authority 100

4620 Unobligated Funds Not Subject to Apportionment 400

Proprietary

1010 Fund Balance with Treasury 500

5800 Tax Revenue Collected 500

2. To record reimbursable activity between a trust fund and another Federal fund for work 

performed under the Economy Act.2 Offsetting collections are recorded directly to trust fund 

expenditure accounts. Assume offsetting collections for this program are subject to 

apportionment. 

A. To record anticipated reimbursements. (TC A302)

Budgetary

4210 Anticipated Reimbursements and Other Income 700

4450 Unapportioned Authority 700

Proprietary

None

 

1 The transactions in this scenario combine the activity of the receipt and expenditure accounts. The receipt-expenditure 

account relationship is described in more detail in the Introduction of the Guide.

2 Generally all trust fund receipts and collections are recorded into USSGL account 4114 Appropriated Trust or Special Fund 

Receipts. An exception exists for work performed under the Economy Act, for which the collections are recorded as offsetting

and netted against outlays.
Scenario II

Trust Fund Balances Precluded From Obligation

II - 4 June 2001

B. To record anticipated resources apportioned, based upon an approved SF 132: 

Apportionment or Reapportionment Request, but not yet available for use. (TC 

A118)

Budgetary

4450 Unapportioned Authority 550

4590 Apportionments Unavailable - Anticipated Resources 550

Proprietary

None

C. To record a reimbursable agreement with an advance and to realize previously 

anticipated and apportioned authority. (TC A122, C182)

Budgetary

4222 Unfilled Customer Orders With Advance 550

4210 Anticipated Reimbursements and Other Income 550

and

4590 Apportionments Unavailable - Anticipated Resources 550

4610 Allotments - Realized Resources 550

Proprietary

1010 Fund Balance With Treasury 550

2310 Advances from Others 550

D. To incur obligations. (TC B204)

Budgetary

4610 Allotments - Realized Resources 550

4801 Undelivered Orders - Obligations, Unpaid 550

Proprietary

None
Scenario II

Trust Fund Balances Precluded From Obligation

II - 5 June 2001

E. To record earned revenue related to the reimbursable agreement. (TC A306)

Budgetary

4252 Reimbursements and Other Income Earned - Collected 550

4222 Unfilled Customer Orders With Advance 550

Proprietary

2310 Advances from Others 550

5200 Revenue from Services Provided 550

F. To record services performed and expenses incurred. (TC B107)

Budgetary

4801 Undelivered Orders - Obligations, Unpaid 550

4902 Delivered Orders - Obligations, Paid 550

Proprietary

6100 Operating Expenses/Program Costs 550

1010 Fund Balance With Treasury 550

3. To record obligation, expenditure and disbursement of funds to non-Federal recipients 

against portion of receipts collected in transaction 1. (TC B107)

Budgetary

4620 Unobligated Funds Not Subject to Apportionment 225

4902 Delivered Orders - Obligations, Paid 225

Proprietary

6100 Operating Expenses/Program Costs 225

1010 Fund Balance with Treasury 225
Scenario II

Trust Fund Balances Precluded From Obligation

II - 6 June 2001

Year 1

Budgetary Adjusting Entries:

For trust funds wherein receipts are precluded from obligation at year-end, record the following preclosing entries. These entries are to be made prior to submitting FACTS II ATB's. Note that these entries 

may also be made during the year if specified by law.

A1) To record adjustments for anticipated resources not realized. (TC F112)

4450 Unapportioned Authority 150

4210 Anticipated Reimbursements and Other Income 150

A2) To record unobligated balances of appropriated receipts temporarily precluded from 

obligation. (TC A127)

4620 Unobligated Funds Not Subject to Apportionment 175

4397 Receipts and Appropriations Temporarily Precluded from Obligation 175

A3) To record unobligated balances of offsetting collections temporarily precluded from 

obligation. (TC A129)

4450 Unapportioned Authority 100

4398 Offsetting Collections Temporarily Precluded from Obligation 100
Scenario II

Trust Fund Balances Precluded From Obligation

II - 7 June 2001

Year 1

Budgetary Pre-Closing Adjusted Trial Balance (FACTS II ATB):

4114 500

4252 550

4397 175

4398 100

4902 775

1,050 1,050

Budgetary Closing Entries:

C1. To record the consolidation of actual net-funded resources. (TC F204)

4201 Total Actual Resources - Collected 1,050

4114 Appropriated Trust or Special Fund Receipts 500

4252 Reimbursements and Other Income Earned - Collected 550

C2. To record the closing of Expended Authority - Paid. (TC F214)

4902 Delivered Orders - Obligations, Paid 775

4201 Total Actual Resources - Collected 775

Budgetary Post-Closing Trial Balance:

4201 275

4397 175

4398 100

275 275
Scenario II

Trust Fund Balances Precluded From Obligation

II - 8 June 2001

Year 1

Proprietary Pre-Closing Trial Balance (FACTS I Trial Balance):

1010 275

5200 550

5800 500

6100 775

1,050 1,050

Proprietary Closing Entries:

C1. To record the closing of revenues and expenses to cumulative results of operations. (TC 

F228)

5200 Revenue from Services Provided 550

5800 Tax Revenue Collected 500

3310 Cumulative Results of Operations 275

6100 Operating Expenses/Program Costs 775

Proprietary Post-Closing Trial Balance:

1010 275

3310 275

275 275
Scenario II

Trust Fund Balances Precluded From Obligation

II - 9 June 2001

Year 1

SF 133: Report on Budget Execution and Budgetary Resources (Quarter 4):

1A Appropriations (4114E) 500

2A Unobligated Balance Brought Forward

3A1 Spending Authority from Offsetting Collections, Earned, Collected (4252E) 550

5 Temporarily Not Available Pursuant to P.L. (4397E-B, 4398E-B) (275)

7 Total Budgetary Resources 775

8A1 Obligations Incurred, Direct (4902E) 550

8A3 Obligations Incurred, Direct, Not Subject to Apportionment (4902E) 225

9 Unobligated Balances Available 0

11 Total Status of Budgetary Resources 775

12. Obligated Balance, Net as of October 1

13. Obligated Balance Transferred, Net

14. Obligated Balance, Net, End of Period

15A. Disbursements (4902E) 775

15B. Collections (4252E) 550

USSGL 2108: Year-end Closing Statement:

Column 5 Post-Closing Unexpended Balance (1010E) 275

Column 11 Unobligated Balance (4397E, 4398E) 275
Scenario II

Trust Fund Balances Precluded From Obligation

II - 10 June 2001

Year 1

Schedule P - Program & Financing:

Obligations by Program Activity

1000 Total new obligations (4902E) 775

Budgetary Resources Available for Obligation

2200 New budget authority (gross) (sum 4000 to 6990) 775

2395 Total new obligations (-) (from line 1000) (775)

2499 Total unobligated balance, end of year 0

New Budgetary Authority (Gross) Detail

6027 Appropriation (trust fund, indefinite) (4114E) 500

6045 Portion precluded from obligation (-) (4397E-B) (175)

6800 Discr spend authority from offsetting collections (4252E) 550

6845 Portion unavailable for obligation (-) (4398E-B) (100)

7000 Total new budget authority (gross) (4114E+4252E+4397E-B+4398E-B) 775
Scenario II

Trust Fund Balances Precluded From Obligation

II - 11 June 2001

Year 1 OMB Form and Content Statements

Balance Sheet

ASSETS

1A1 Entity - Intragovernmental (1010E) 275

LIABILITIES & NET POSITION

8 Cumulative Results of Operations (3310E) 275

Statement of Net Cost

1B1 Program Costs - Public - Production (6100E) 775

1D Less Earned Revenue (5200E) (550)

5 Net Cost of Operations (calc) 225

Statement of Changes in Net Position

1 Net Cost of Operations 225

2B Financing Sources-Taxes (5800E) 500

9 Net Position - End of Period (calc) 275
Scenario II

Trust Fund Balances Precluded From Obligation

II - 12 June 2001

Year 1 OMB Form and Content Statements (continued)

Statement of Budgetary Resources

1A Budget Authority - Appropriations (4114E) 500

3A1 Spending Authority from Offsetting Collections (4252E) 550

4B Adjustments - Temporarily not Available (4397E-B, 4398E-B) (275)

5 Total Budgetary Resources 775

6 Obligations Incurred (4902E) 775

9 Total Status of Resources 775

10 Obligations Incurred (4902E) 775

11A1 Spending Authority from Offsetting Collections (4252E) 550

15 Total Outlays (calc) 225

Statement of Financing

1A Obligations Incurred (4902E) 775

1B1a Earned Reimb Collected (4252E) (550)

1J Total (calc) 225

5 Net Cost of Operations (calc) 225
Scenario II

Trust Fund Balances Precluded From Obligation

II - 13 June 2001

Year 2 (Year 2 illustrates authority returned to the trust fund in order to cover obligations, and the 

corresponding entries where the total amount of current-year receipts at year-end is greater 

than the amount that was needed to cover current-year obligations.3)

1. To record appropriated receipts from Federal sources into a trust fund. The receipts are 

deposited into an available trust fund receipt account, and are automatically credited to the 

corresponding expenditure account. Assume the receipts are not subject to apportionment. 

(TC A186)

Budgetary

4114 Appropriated Trust or Special Fund Receipts 600

4620 Unobligated Funds Not Subject to Apportionment 600

Proprietary

1010 Fund Balance with Treasury 600

5800 Tax Revenue Collected 600

2a. To record the obligation, expenditure and disbursement of funds to non-Federal recipients. 

Note that at the time of obligation, current year receipts are not enough to cover obligations. 

(TC B107)

Budgetary

4620 Unobligated Funds Not Subject to Apportionment 750

4902 Delivered Orders - Obligations, Paid 750

Proprietary

6100 Operating Expenses/Program Costs 750

1010 Fund Balance with Treasury 750

- and -

 

3 Compare with Year 3 where the total amount of current-year receipts at year-end is not enough to cover current-year 

obligations. The difference is in whether an adjusting entry or closing entry is required to reduce USSGL accounts 4157 and 

4158.
Scenario II

Trust Fund Balances Precluded From Obligation

II - 14 June 2001

Year 2

2b. To record authority made available from previously unavailable balances.4 (TC A192, A194)

(Calculation: $600 received - $750 to be expended = $150 to be covered by balances collected in 

prior years)

Budgetary

4157 Authority Made Available from Receipt or Appropriation Balances Previously

Precluded from Obligation 75

4158 Authority Made Available from Offsetting Collections Balances Previously

Precluded from Obligation 75

4620 Unobligated Funds Not Subject to Apportionment 150

Proprietary

None

3. To record additional appropriated receipts into the trust fund. (TC A186)

Budgetary

4114 Appropriated Trust or Special Fund Receipts 500

4620 Unobligated Funds Not Subject to Apportionment 500

Proprietary

1010 Fund Balance with Treasury 500

5800 Tax Revenue Collected 500

 

4 The unavailable balances from prior years are captured in USSGL accounts 4397 or 4398. Refer to Year 1 of this scenario for 

the original transactions. 
Scenario II

Trust Fund Balances Precluded From Obligation

II - 15 June 2001

Year 2

Budgetary Adjusting Entries:

A1) To record unobligated balances of appropriated receipts temporarily precluded from 

obligation. (TC A127)

4620 Unobligated Funds Not Subject to Apportionment 500

4397 Receipts and Appropriations Temporarily Precluded from Obligation 500

A2) To reduce balances previously precluded from obligation by the amount that was 

needed in the current year to cover obligations. NOTE: Record this entry as preclosing when the total amount of current-year receipts is greater than the amount 

needed to cover current-year obligations.5 (TC F132, F134)

4397 Receipts and Appropriations Temporarily Precluded from Obligation 75

4157 Authority Made Available from Receipt or Appropriation Balances

Previously Precluded from Obligation

75

4398 Offsetting Collections Temporarily Precluded from Obligation 75

4158 Authority Made Available from Offsetting Collections Balances

Previously Precluded from Obligation 75

 

5 Record this entry as post-closing when the total amount of current-year receipts is not enough to cover current-year 

obligations. Refer to Year 3 of this scenario for an illustration. Note that alternative methods may be used to achieve the same 

result.
Scenario II

Trust Fund Balances Precluded From Obligation

II - 16 June 2001

Year 2

Beginning Budgetary Trial Balance:

4201B 275

4397B 175

4398B 100

275 275

Budgetary Pre-Closing Adjusted Trial Balance (FACTS II ATB):

4114 1100

4201 275

4397 600

4398 25

4902 750

1,375 1,375

Budgetary Closing Entries:

C1. To record the consolidation of actual net-funded resources. (TC F204)

4201 Total Actual Resources - Collected 1,100

4114 Appropriated Trust or Special Fund Receipts 1,100

C2. To record the closing of Expended Authority - Paid. (TC F214)

4902 Delivered Orders - Obligations, Paid 750

4201 Total Actual Resources - Collected 750
Scenario II

Trust Fund Balances Precluded From Obligation

II - 17 June 2001

Year 2

Budgetary Post-Closing Trial Balance:

4201 625

4397 600

4398 25

625 625
Scenario II

Trust Fund Balances Precluded From Obligation

II - 18 June 2001

Year 2

Beginning Proprietary Trial Balance:

1010B 275

3310B 275

275 275

Proprietary Pre-Closing Adjusted Trial Balance (FACTS I ATB):

1010 625

3310 275

5800 1,100

6100 750

1,375 1,375

Proprietary Closing Entries:

C1. To close revenues and expenses into cumulative results of operations. (TC F228)

5800 Tax Revenue Collected 1,100

6100 Operating Expenses/Program Costs 750

3310 Cumulative Results of Operations 350

Proprietary Post-Closing Trial Balance:

1010 625

3310 625

625 625
Scenario II

Trust Fund Balances Precluded From Obligation

II - 19 June 2001

Year 2

SF 133: Report on Budget Execution and Budgetary Resources (Quarter 4):

1A Appropriations (4114E) 1,100

2A Unobligated Balance Brought Forward (4201B+4397B+4398B) 0

3A1 Spending Authority from Offsetting Collections

5 Temporarily Not Available Pursuant to P.L. (4397E-B, 4398E-B) (350)

7 Total Budgetary Resources 750

8A3 Obligations Incurred, Direct, Not Subject to Apportionment (4902E) 750

9 Unobligated Balances Available 0

11 Total Status of Budgetary Resources 750

12. Obligated Balance, Net as of October 1

13. Obligated Balance Transferred, Net

14. Obligated Balance, Net, End of Period

15A. Disbursements (4902E) 750

USSGL 2108: Year-end Closing Statement:

Column 5 Post-Closing Unexpended Balance (1010E) 625

Column 11 Unobligated Balance (4397E+4398E) 625
Scenario II

Trust Fund Balances Precluded From Obligation

II - 20 June 2001

Year 2

Schedule P - Program & Financing

Obligations by Program Activity

1000 Total new obligations (4902E) 750

Budgetary Resources Available for Obligation

2200 New budget authority (gross) (sum 4000 to 6990) 750

2395 Total new obligations (-) (from line 1000) (750)

2499 Total unobligated balance, end of year 0

New Budgetary Authority (Gross) Detail

6027 Appropriation (trust fund, indefinite) (4114E) 1,100

6028 Appropriation (unavailable balances) (4157E) 0

6045 Portion precluded from obligation (-) (4397E-B) (425)

6800 Discr spend authority from offsetting collections

6826/6926 From offsetting collections (unavailable balances) (4158E) 0

6845 Portion unavailable for obligation (-) (4398E-B) 75

7000 Total new budget authority (gross) (4114E+4157E+4158E+4397E-B+4398E-B) 750
Scenario II

Trust Fund Balances Precluded From Obligation

II - 21 June 2001

Year 2 OMB Form and Content Statements

Balance Sheet

ASSETS

1A1 Entity-Intragovernmental (1010E) 625

LIABILITIES and NET POSITION

8 Cumulative Results of Operations (3310E) 625

Statement of Net Cost

1B1 Program Costs-Public-Production (6100E) 750

5 Net Cost of Operations (calc) 750

Statement of Changes in Net Position

1 Net Cost of Operations 750

2B Financing Sources-Taxes (5800E) 1,100

3 Net Results of Operations (calc 2-1) 350

8 Net Position-Beg of Period (3310B) 275

9 Net Position-End of Period (calc) 625
Scenario II

Trust Fund Balances Precluded From Obligation

II - 22 June 2001

Year 2 OMB Form and Content Statements (continued)

Statement of Budgetary Resources

1A Budget Authority - Appropriations (4114E, 4157E, 4158E) 1,100

4B Adjustments - Temporarily not Available (4397E-B, 4398E-B) (350)

5 Total Budgetary Resources 750

6 Obligations Incurred (4902E) 750

9 Total Status of Resources 750

10 Obligations Incurred (4902E) 750

15 Total Outlays (calc) 750

Statement of Financing

1A Obligations Incurred (4902E) 750

1J Total (calc) 750

5 Net Cost of Operations (calc) 750
Scenario II

Trust Fund Balances Precluded From Obligation

II - 23 June 2001

Year 3 (Year 3 illustrates authority returned to the trust fund in order to cover obligations, and the

corresponding entries where the total amount of current-year receipts at year-end is not 

enough to cover current-year obligations.6)

1. To record appropriated receipts into a trust fund. The receipts are deposited into an 

available trust fund receipt account, and are automatically credited to the corresponding 

expenditure account. Assume the receipts are not subject to apportionment. (TC A186)

Budgetary

4114 Appropriated Trust or Special Fund Receipts 1,000

4620 Unobligated Funds Not Subject to Apportionment 1,000

Proprietary

1010 Fund Balance with Treasury 1,000

5800 Tax Revenue Collected 1,000

2a. To record the obligation, expenditure and disbursement of funds. Note that at the time of 

obligation, current year receipts are not enough to cover obligations. (TC B107)

Budgetary

4620 Unobligated Funds Not Subject to Apportionment 1,200

4902 Delivered Orders - Obligations, Paid 1,200

Proprietary

6100 Operating Expenses/Program Costs 1,200

1010 Fund Balance with Treasury 1,200

- and -

2b. To record authority made available from previously unavailable balances. (TC A192)

Budgetary

4157 Authority Made Available from Receipt or Appropriation Balances Previously

Precluded from Obligation 200

4620 Unobligated Funds Not Subject to Apportionment 200

Proprietary

None

 

6 Compare with Year 2 where the total amount of current-year receipts at year-end is greater than the amount that was needed to 

cover current-year obligations. The difference is in whether an adjusting entry or closing entry is required to reduce USSGL 

accounts 4157 and 4158.
Scenario II

Trust Fund Balances Precluded From Obligation

II - 24 June 2001

Year 3

3. To record additional appropriated receipts into the trust fund. (TC A186)

Budgetary

4114 Appropriated Trust or Special Fund Receipts 100

4620 Unobligated Funds Not Subject to Apportionment 100

Proprietary

1010 Fund Balance with Treasury 100

5800 Tax Revenue Collected 100

Budgetary Adjusting Entries:

A1) To record unobligated balances of appropriated receipts temporarily precluded from 

obligation. (TC A127)

4620 Unobligated Funds Not Subject to Apportionment 100

4397 Receipts and Appropriations Temporarily Precluded from Obligation 100
Scenario II

Trust Fund Balances Precluded From Obligation

II - 25 June 2001

Year 3

Beginning Budgetary Trial Balance:

4201B 625

4397B 600

4398B 25

625 625

Budgetary Pre-Closing Adjusted Trial Balance (FACTS II ATB):

4114 1,100

4157 200

4201 625

4397 700

4398 25

4902 1,200

1,925 1,925

Budgetary Closing Entries:

C1) To record the consolidation of actual net-funded resources. (TC F204)

4201 Total Actual Resources - Collected 1,100

4114 Appropriated Trust or Special Fund Receipts 1,100

C1) To record the closing of Expended Authority - Paid. (TC F214)

4902 Delivered Orders - Obligations, Paid 1,200

4201 Total Actual Resources - Collected 1,200
Scenario II

Trust Fund Balances Precluded From Obligation

II - 26 June 2001

Year 3

C2) To reduce balances previously precluded from obligation by the amount that was needed in 

the current year to cover obligations. NOTE: Record this entry as post-closing when the 

total amount of current-year receipts is not enough to cover current-year obligations.7 (TC 

F242)

4397 Receipts and Appropriations Temporarily Precluded from Obligation 200

4157 Authority Made Available from Receipt or Appropriation Balances

Previously Precluded from Obligation 200

Budgetary Post-Closing Trial Balance:

4201 525

4397 500

4398 25

525 525

 

7 Record this entry as pre-closing when the total amount of current-year receipts is greater than the amount needed to cover 

current-year obligations. Refer to Year 2 of this scenario for an illustration. Note that alternative methods may be used to 

achieve the same result.
Scenario II

Trust Fund Balances Precluded From Obligation

II - 27 June 2001

Year 3

Beginning Proprietary Trial Balance:

1010B 625

3310B 625

625 625

Proprietary Pre-Closing Trial Balance (FACTS I Trial Balance):

1010 525

3310 625

5800 1,100

6100 1,200

1,725 1,725

Proprietary Closing Entries:

C1. To close revenues and expenses into cumulative results of operations. (TC F228)

5800 Tax Revenue Collected 1,100

3310 Cumulative Results of Operations 100

6100 Operating Expenses/Program Costs 1,200

Proprietary Post-Closing Trial Balance:

1010 525

3310 525

525 525
Scenario II

Trust Fund Balances Precluded From Obligation

II - 28 June 2001

Year 3

SF 133: Report on Budget Execution and Budgetary Resources (Quarter 4):

1A Appropriations (4114E+4157E+4158E) 1,300

2A Unobligated Balance Brought Forward (4201B+4397B+4398B) 0

3A1 Spending Authority from Offsetting Collections

5 Temporarily Not Available Pursuant to P.L. (4397E-B, 4398E-B) (100)

7 Total Budgetary Resources 1,200

8A3 Obligations Incurred, Direct, Not Subject to Apportionment (4902E) 1,200

9 Unobligated Balances Available 0

11 Total Status of Budgetary Resources 1,200

12. Obligated Balance, Net as of October 1

13. Obligated Balance Transferred, Net

14. Obligated Balance, Net, End of Period

15A. Disbursements (4902E) 1,200

USSGL 2108: Year-end Closing Statement:

Column 5 Post-Closing Unexpended Balance (1010E) 525

Column 11 Unobligated Balance (4157E+4158E+4397E+4398E) 525
Scenario II

Trust Fund Balances Precluded From Obligation

II - 29 June 2001

Year 3

Schedule P - Program & Financing:

Obligations by Program Activity

1000 Total new obligations (4902E) 1,200

Budgetary Resources Available for Obligation

2200 New budget authority (gross) (sum 4000 to 6990) 1,200

2395 Total new obligations (-) (from line 1000) (1,200)

2499 Total unobligated balance, end of year 0

New Budgetary Authority (Gross) Detail

6027 Appropriation (trust fund, indefinite) (4114E) 1,100

6028 Appropriation (unavailable balances) (4157E) 200

6045 Portion precluded from obligation (-) (4397E-B) (100)

6800 Discr spend authority from offsetting collections

6826/6926 From offsetting collections (unavailable balances) 

6845 Portion unavailable for obligation (-) (4398E-B) 0

7000 Total new budget authority (gross) (4114E+4157E+4158E+4397E-B+4398E-B) 1,200
Scenario II

Trust Fund Balances Precluded From Obligation

II - 30 June 2001

Year 3 OMB Form and Content Statements

Balance Sheet

ASSETS

1A1 Entity-Intragovernmental (1010E) 525

LIABILITIES & NET POSITION

8 Cumulative Results of Operations (3310E) 525

Statement of Net Cost

1B1 Program Costs-Public-Production (6100E) 1,200

5 Net Cost of Operations (calc) 1,200

Statement of Changes in Net Position

1 Net Cost of Operations 1,200

2B Financing Sources-Taxes (5800E) 1,100

3 Net Results of Operations (calc 2-1) (100)

8 Net Position-Beg of Period (3310B) 625

9 Net Position-End of Period (calc) 525
Scenario II

Trust Fund Balances Precluded From Obligation

II - 31 June 2001

Year 3 OMB Form and Content Statements (continued)

Statement of Budgetary Resources

1A Budget Authority - Appropriations (4114E, 4157E, 4158E) 1,300

4B Adjustments - Temporarily not Available (4397E-B, 4398E-B) (100)

5 Total Budgetary Resources 1,200

6 Obligations Incurred (4902E) 1,200

9 Total Status of Resources 1,200

10 Obligations Incurred (4902E) 1,200

15 Total Outlays (calc) 1,200

Statement of Financing

1A Obligations Incurred (4902E) 1,200

1J Total (calc) 1,200

5 Net Cost of Operations (calc) 1,200