Collections / Governmental Receipts / Offsetting Collections / Offsetting Receipts (CongressionalGlossary.com)
From the Congressional Glossary – Including Legislative and Budget Terms Collections photo credit: thewebprincess Amounts received by the federal government during the fiscal year. Collections are classified into three major categories: (1) governmental receipts (also called budget receipts or federal receipts), (2) offsetting collections, and (3) offsetting receipts. Governmental receipts result from the exercise of … Read more