Capitol Hill Workshop

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 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 … Read more

Intragovernmental Transfers (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Intragovernmental Transfers photo credit: Tom – Switzerland Collections from other federal government accounts, often as payment for goods or services provided. Most offsetting receipts from intragovernmental transfers are offset against budget authority and outlays of the agency or subfunction that produced the goods or services. … Read more

Proprietary Receipts from the Public (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Proprietary Receipts from the Public photo credit: mattcameasarat Collections from outside the government that are deposited in receipt accounts that arise as a result of the government’s business-type or market-oriented activities. Among these are interest received, proceeds from the sale of property and products, charges … Read more

Offsetting Receipts (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Offsetting Receipts Collections that are offset against gross outlays but are not authorized to be credited to expenditure accounts. Offsetting receipts are deposited in receipt accounts. Like offsetting collections, they result from (1) businesslike transactions or market-oriented activities with the public, (2) intragovernmental transfers, and … Read more

Adjournment sine die (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Adjournment sine die photo credit: KalasMannen Final adjournment of an annual or two-year session of Congress. Adjournment without fixing a definite day for reconvening; literally “adjournment without a day.” A session can continue when, under the 20th Amendment to the Constitution, it automatically terminates. Both … Read more

Refunds (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Refunds   Improper Payments in State-Administered Programs: Medicaid   Payments returned to the government that were made in error. They are credited to the appropriation originally charged. Either (1) the return of money that the government improperly collected or collected in excess of the amount … Read more

Offsetting Collections (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Offsetting Collections photo credit: Seth Tisue Collections authorized by law to be credited to appropriation or fund expenditure accounts. They result from (1) businesslike transactions or market-oriented activities with the public, (2) intragovernmental transfers, and (3) collections from the public that are governmental in nature … Read more

Revenues (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Revenues photo credit: DonkeyHotey Revenues: Income from individual and corporate income taxes, social insurance taxes, excise taxes, fees, tariffs, and other sources collected under the sovereign powers of the federal government. Revenues, also known as receipts, are the funds collected from the public primarily as … Read more

Reimbursement (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Reimbursement photo credit: Señor Codo A sum (1) that is received by an agency as a payment for commodities sold or services furnished either to the public or to another government account and (2) that is authorized by law to be credited directly to specific … Read more

Unfilled Customer Orders (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Unfilled Customer Orders photo credit: Sam Beebe / Ecotrust The dollar amount of orders accepted from other accounts within the government for goods and services to be furnished on a reimbursable basis. In the case of transactions with the public, these orders are amounts advanced … Read more