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Federal Crop Insurance Corporation Fund

Schedules

TAFS: 012-4085 /X - Federal Crop Insurance Corporation Fund

Iterations:
Adjustment authority: Yes
Reporting categories: No
Previously Approved (Iteration 2)Current OMB Action (Iteration 3)
Line #SplitDescriptionAmount FootnotesAmountFootnotes
1000MAActual - Unob Bal: Brought forward, Oct 1$590,500,000.00 $590,500,000.00
1200BA: Mand: Appropriation$17,990,534,302.00 $19,475,594,395.00
1000MEExpected - Unob Bal: Brought forward, October 1 Line removed
1220BA: Mand: Approps transferred to other accounts-$17,000,000.00 -$17,000,000.00
1222BA: Mand: Exercised borrow auth xfer from oth acct$4,000,000.00 See footnotes below $4,000,000.00 See footnotes below
Footnotes for line 1222 (Previous):

B2: This amount was transferred from the Commodity Credit Corporation as authorized under Sections 4(j) and (l) of the Commodity Credit Corporation Charter Act.

Footnotes for line 1222 (Current):

B2: This amount was transferred from the Commodity Credit Corporation as authorized under Sections 4(j) and (l) of the Commodity Credit Corporation Charter Act.

1232SEQBA: Mand: Approps temporarily reduced-$1,938,000.00 -$1,938,000.00
1234BA: Mand: Appropriations precluded from obligation-$5,709,534,302.00 See footnotes below -$5,709,534,302.00 See footnotes below
Footnotes for line 1234 (Previous):

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.

Footnotes for line 1234 (Current):

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.

1800BA: Mand: Spending auth: Collected$4,653,432,178.00 $4,653,432,178.00
1823SEQBA: Mand: Spending auth: New\Unob bal tem reduced-$2,736,000.00 -$2,736,000.00
12511BA: Mand: Appropriations:Antic nonexpend trans net Line removed
1840BA: Mand: Spending auth:Antic colls, reimbs, other$1,056,102,124.00 $1,056,102,124.00
12512BA: Mand: Appropriations:Antic nonexpend trans net Line removed
1920Total budgetary resources avail (disc. and mand.)$18,563,360,302.00 $20,048,420,395.00
6011Indemnities, Delivery Expenses, and Underwriting Gains$17,902,534,302.00 $19,387,594,395.00
6012Federal Crop Insurance Act Initiatives$21,290,000.00 $21,290,000.00
6013Other Program Related Expenses Paid by CAT/Admin. Fees$45,264,000.00 See footnotes below $45,264,000.00 See footnotes below
Footnotes for line 6013 (Previous):

A2: Additional $7M apportioned due higher than anticipated producer paid fees. Funds will be used to spend on increased IT needs of the organization. [Rationale: Footnote specifies the purpose(s) for which the funds are available to be obligated.]

Footnotes for line 6013 (Current):

A2: Additional $7M apportioned due higher than anticipated producer paid fees. Funds will be used to spend on increased IT needs of the organization. [Rationale: Footnote specifies the purpose(s) for which the funds are available to be obligated.]

6014Reserve for Indemnities and Capital$590,500,000.00 $590,500,000.00
6015Transfer AMA authority from CCC-12X4336 to FCIC Fund$3,772,000.00 $3,772,000.00
6190Total budgetary resources available$18,563,360,302.00 See footnotes below $20,048,420,395.00 See footnotes below
Footnotes for line 6190 (Previous):

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. [Rationale: Footnote signifies that this TAFS has received or may receive an automatic apportionment.]

Footnotes for line 6190 (Current):

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. [Rationale: Footnote signifies that this TAFS has received or may receive an automatic apportionment.]

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.

NumberText
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. [Rationale: Footnote signifies that this TAFS has received or may receive an automatic apportionment.]
A2
Additional $7M apportioned due higher than anticipated producer paid fees. Funds will be used to spend on increased IT needs of the organization. [Rationale: Footnote specifies the purpose(s) for which the funds are available to be obligated.]
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 was transferred from the Commodity Credit Corporation as authorized under Sections 4(j) and (l) of the Commodity Credit Corporation Charter Act.

The following are all of the footnotes associated with the previous iteration of this file. Note that previous iterations of accounts in this file may come from multiple previous files.

NumberText
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. [Rationale: Footnote signifies that this TAFS has received or may receive an automatic apportionment.]
A2
Additional $7M apportioned due higher than anticipated producer paid fees. Funds will be used to spend on increased IT needs of the organization. [Rationale: Footnote specifies the purpose(s) for which the funds are available to be obligated.]
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 was transferred from the Commodity Credit Corporation as authorized under Sections 4(j) and (l) of the Commodity Credit Corporation Charter Act.

Notes about this page

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