Debt Reduction Financing Account
Schedules
TAFS: 077-4137 /X - Debt Reduction Financing Account
| Line # | Split | Description | Amount | Footnotes |
|---|---|---|---|---|
| 1000 | MA | Mandatory - Actual - Unob Bal: Brought forward, October 1 | $274,256,751 | |
| 1000 | ME | Mandatory - Estimated - Unob Bal: Brought forward, October 1 | $0 | |
| 1800 | BA: Mand: Spending auth: Collected | $0 | ||
| 1840 | 1 | BA: Mand: Spending auth:Antic colls, reimbs, other - Federal Sources | $40,317,418 | See footnotes below |
| Footnotes for line 1840 (1): | B1: TAS is purchasing the Government of Indonesia debt from 77x4103. Per OMB Circular A-11 §185.7(c) the FY24 TFCCA agreement (as amended), requires the pre-credit reform loan to be subsidized and subject to FCRA. The purchase price is equal to the subsidy model's pre-modification cashflows, or the net realizable value of the canceled debt. In FY24 USG and the Republic of Somalia agreed to cancel all outstanding debt and the government action required the loans to be subsidized. The TAS is collecting the Somalia subsidy from Treasury. | |||
| 1840 | 2 | BA: Mand: Spending auth:Antic colls, reimbs, other | $115,000,000 | |
| 1842 | BA: Mand: Spending auth: Antic cap tran, red debt | -$142,773,337 | ||
| 1920 | Total budgetary resources avail (disc. and mand.) | $286,800,832 | ||
| 6014 | Direct Loans | $12,544,080 | ||
| 6182 | Budgetary Resources: Unappor bal, revolving fnd | $274,256,752 | ||
| 6190 | Total budgetary resources available | $286,800,832 | ||
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 |
|---|---|
| B1 | TAS is purchasing the Government of Indonesia debt from 77x4103. Per OMB Circular A-11 §185.7(c) the FY24 TFCCA agreement (as amended), requires the pre-credit reform loan to be subsidized and subject to FCRA. The purchase price is equal to the subsidy model's pre-modification cashflows, or the net realizable value of the canceled debt. In FY24 USG and the Republic of Somalia agreed to cancel all outstanding debt and the government action required the loans to be subsidized. The TAS is collecting the Somalia subsidy from Treasury. |
Notes about this page
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