Combined Statement of Receipts, Outlays, and Balances of the United States Government (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms

Combined Statement of Receipts, Outlays, and Balances of the United States Government

Combine Time!
Creative Commons License photo credit: Martin Cathrae

The Department of the Treasury’s annual accounting of the (1) unified budget receipts activities of the federal government, which should be consistent with the aggregated custodial nonexchange revenues (before net accrual adjustment) reported in federal agencies’ statements of custodial activity, and (2) unified budget outlays activities of the federal government, which should be consistent with net outlays reported in federal agencies’ statements of budgetary resources. This report also provides a summary accounting of agencies’ budget activities: appropriations, borrowings and investments, outlays, and balances based on the agencies’ budget execution reports. (See also Monthly Treasury Statement.)

 

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