In some cases, reimbursable capital costs are recovered through a power and water rate setting process. Such rates include capital cost factors, among other components, for recovering the reimbursable capital cost over the applicable future payment period. In accordance with Reclamation's policy, these annual payments are recognized as revenue when billed. The reimbursable capital investment costs being repaid through ratesetting arrangements have not been recognized on the statements as a receivable or other asset. Generally, a cost allocation process is used to allocate these costs to water users.
Reclamation performs certain services for other governmental and public entities.
These services are initially financed through the General Fund and subsequently reimbursed by the service recipients. Reimbursements are recognized as revenue at the time services are rendered. Back to top F. Funds with the U.S. Treasury and Cash C ash receipts and disbursements are processed by the Treasury. The balance in the Treasury represents all undisbursed balances in Reclamation's accounts, including funds awaiting disbursement for goods and services received. The funds with Treasury and other cash include appropriated, revolving, and trust funds which are available to pay current liabilities and to pay outstanding obligations.