Federal Fund Accounts

Federal Fund Accounts in the United States

Transfers between Federal and Trust Fund Accounts in the Federal Budget Process

Meaning of Federal Fund Accounts in the congressional and executive budget processes (GAO source): Transfers of resources between federal and trust fund accounts are treated as expenditure transfers regardless of the nature of the transaction. The receiving account reports offsetting collections from federal sources (for offsetting collections) or intragovernmental receipts (for offsetting receipts).

Guide to U.S. Federal Offsetting Collections (Budget Process)

  • Offsetting Collections
  • Reimbursements
  • Federal Fund Accounts
  • Offsetting Governmental Collections
  • Refunds

Resources

See Also

Further Reading

  • Legislatures and the budget process: the myth of fiscal control

    (J Wehner, 2010)

  • Reconcilable Differences?: Congress, the Budget Process, and the Deficit (JB Gilmour, 1990)
  • Fiscal institutions and fiscal performance

    (JM Poterba, J von Hagen, 2008)

Federal Fund Accounts in the Federal Budget Process

Meaning of Federal Fund Accounts in the congressional and executive budget processes (GAO source): Budgetary accounts composed of moneys collected and spent by the federal government other than those designated as trust funds. Federal fund accounts include general, special, public enterprise, and intragovernmental fund accounts. (See also Standard General Ledger Chart of Accounts.)

Guide to Federal Fund Accounts (Budget Process)

  • Federal Fund Accounts
  • General Fund Accounts
  • Intragovernmental Fund Accounts
  • Public Enterprise Revolving Fund Account
  • Special Fund Receipt Account

Resources

See Also

Further Reading

  • Legislatures and the budget process: the myth of fiscal control

    (J Wehner, 2010)

  • Reconcilable Differences?: Congress, the Budget Process, and the Deficit (JB Gilmour, 1990)
  • Fiscal institutions and fiscal performance

    (JM Poterba, J von Hagen, 2008)


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