Federal Crop Insurance Corporation Fund
Schedules
TAFS: 012-4085 /X - Federal Crop Insurance Corporation Fund
| Line # | Split | Description | Amount | Footnotes |
|---|---|---|---|---|
| 1000 | ME | Expected - Unob Bal: Brought forward, October 1 | $592,000,000.00 | |
| 1200 | BA: Mand: Appropriation | $17,024,000,000.00 | ||
| 1232 | SEQ | BA: Mand: Approps temporarily reduced | -$1,938,000.00 | |
| 1234 | BA: Mand: Appropriations precluded from obligation | -$4,743,000,000.00 | See footnotes below | |
| Footnotes for line 1234: | B1: Because A-11 does not allow an account to spend against an anticipated collection, the amount precluded from obligation is equal to the amount of offsetting collections that are expected to be collected in September of 2022: producer paid premiums plus Administrative/CAT fees. These fees are not collected until the end of the fiscal year. The account has "such sums as may be necessary" authority for spending. In order to book against the offsetting collections, the account needs to get an appropriations at the beginning of the fiscal year in an amount of actual estimated need plus the amount of offsetting collections. The amount precluded from obligation will be equal to the estimated collections for September. At the end of the fiscal year, the lines will adjust once the collections have occurred and there will be no amount precluded from obligation for the account and the actual appropriation will be reduced by the amount of the collections. | |||
| 1251 | 1 | BA: Mand: Appropriations:Antic nonexpend trans net | -$17,000,000.00 | |
| 1251 | 2 | BA: Mand: Appropriations:Antic nonexpend trans net | $4,000,000.00 | See footnotes below |
| Footnotes for line 1251 (2): | B2: This amount will be transferred from the Commodity Credit Corporation as authorized under Sections 4(j) and (l) of the Commodity Credit Corporation Charter Act. | |||
| 1823 | SEQ | BA: Mand: Spending auth: New\Unob bal tem reduced | -$2,337,000.00 | |
| 1840 | BA: Mand: Spending auth:Antic colls, reimbs, other | $4,743,000,000.00 | ||
| 1920 | Total budgetary resources avail (disc. and mand.) | $17,598,725,000.00 | ||
| 6011 | Indemnities, Delivery Expenses, and Underwriting Gains | $16,943,000,000.00 | ||
| 6012 | Federal Crop Insurance Act Initiatives | $21,290,000.00 | ||
| 6013 | Other Program Related Expenses Paid by CAT/Admin. Fees | $38,663,000.00 | ||
| 6014 | Reserve for Indemnities and Capital | $592,000,000.00 | ||
| 6015 | Transfer AMA authority from CCC-12X4336 to FCIC Fund | $3,772,000.00 | ||
| 6190 | Total budgetary resources available | $17,598,725,000.00 | See footnotes below | |
| Footnotes for line 6190: | A1: To the extent authorized by law these amounts may be increased or decreased for actual unobligated balances, actual recoveries of prior year obligations, actual reimbursements earned, including reimbursements and offsetting collections from non-Federal/Federal sources, and release of contingency funds without further actions by OMB. Transfer of funds authorized by law to or from any of the accounts listed may be made without further actions by OMB. | |||
Footnotes
Footnotes provide further information about, or establish further legal requirements related to the use of, the funds in a given line or set of lines in an apportionment. If footnotes appear on lines 1920 or 6190, they apply to all the lines in the 1xxx and 6xxx sections, respectively. The following are all the footnotes associated with this file.
| Number | Text |
|---|---|
| A1 | To the extent authorized by law these amounts may be increased or decreased for actual unobligated balances, actual recoveries of prior year obligations, actual reimbursements earned, including reimbursements and offsetting collections from non-Federal/Federal sources, and release of contingency funds without further actions by OMB. Transfer of funds authorized by law to or from any of the accounts listed may be made without further actions by OMB. |
| B1 | Because A-11 does not allow an account to spend against an anticipated collection, the amount precluded from obligation is equal to the amount of offsetting collections that are expected to be collected in September of 2022: producer paid premiums plus Administrative/CAT fees. These fees are not collected until the end of the fiscal year. The account has "such sums as may be necessary" authority for spending. In order to book against the offsetting collections, the account needs to get an appropriations at the beginning of the fiscal year in an amount of actual estimated need plus the amount of offsetting collections. The amount precluded from obligation will be equal to the estimated collections for September. At the end of the fiscal year, the lines will adjust once the collections have occurred and there will be no amount precluded from obligation for the account and the actual appropriation will be reduced by the amount of the collections. |
| B2 | This amount will be transferred from the Commodity Credit Corporation as authorized under Sections 4(j) and (l) of the Commodity Credit Corporation Charter Act. |
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