National Flood Insurance Fund
Schedules
TAFS: 070-4236 /X - National Flood Insurance Fund
Line # | Split | Description | Amount | Footnotes |
---|---|---|---|---|
1000 | DE | Discretionary Unob Bal: Brought forward, Oct 1 | $2,711,079,721 | |
1000 | ME | Mandatory Unob Bal: Brought forward, Oct 1 | $1,525,638,310 | |
1061 | ME | Mandatory Unob Bal: Antic recov of prior year unpaid obl | $70,000,000 | |
1061 | DE | Discretionary Unob Bal: Antic recov of prior year unpaid obl | $5,930,000 | |
1170 | BA: Disc: Advance appropriation | $700,000,000 | See footnotes below | |
Footnotes for line 1170: | B1: Per P.L. 117-58, Infrastructure Investment and Jobs Act, $3,500,000,000 in supplemental funding, to remain available until expended, is appropriated to the National Flood Insurance Fund over five fiscal years ($700,000,000 per fiscal year for fiscal years 2022 through 2026). | |||
1176 | BA: Disc: Adv approps antic nonexpend trans net | -$1,750,000 | See footnotes below | |
Footnotes for line 1176: | B2: Per P.L. 117-58, Infrastructure Investment and Jobs Act (IIJA), one-quarter of one percent of the amounts made available under each heading in title V of division J of the IIJA in each of fiscal years 2022 through 2026 shall be transferred to the Office of the Inspector General of DHS for oversight of funding provided to DHS in title V of the IIJA. | |||
1400 | 2 | BA: Mand: Borrowing authority | $3,900,000,000 | See footnotes below |
Footnotes for line 1400 (2): | B3: Pursuant to 42 U.S.C. 4016, the FEMA Administrator can borrow up to $30,425,000,000 with the approval of the President. As of February 4, 2025, FEMA had borrowed $20,500,000,000. On February 5, 2025, the President authorized FEMA to exercise an additional $6,000,000,000 in borrowing authority. Of this amount, $4,000,000,000 is still available to exercise. Up to an additional $3,900,000,000 remains in available borrowing authority, but FEMA must gain further Presidential approval before exercising this remaining borrowing authority. | |||
1400 | 1 | BA: Mand: Borrowing authority | $4,000,000,000 | See footnotes below |
Footnotes for line 1400 (1): | B3: Pursuant to 42 U.S.C. 4016, the FEMA Administrator can borrow up to $30,425,000,000 with the approval of the President. As of February 4, 2025, FEMA had borrowed $20,500,000,000. On February 5, 2025, the President authorized FEMA to exercise an additional $6,000,000,000 in borrowing authority. Of this amount, $4,000,000,000 is still available to exercise. Up to an additional $3,900,000,000 remains in available borrowing authority, but FEMA must gain further Presidential approval before exercising this remaining borrowing authority. | |||
1740 | BA: Disc: Spending auth:Antic colls, reimbs, other | $202,100,000 | ||
1802 | SEQ | BA: Mand: Spending auth: Previously unavailable | $76,209,000 | |
1823 | SEQ | BA: Mand: Spending auth:New\unob bal temp reduced | -$77,986,000 | |
1840 | BA: Mand: Spending auth:Antic colls, reimbs, other | $4,537,243,200 | ||
1920 | Total budgetary resources avail (disc. and mand.) | $17,648,464,231 | ||
6011 | National Flood Insurance Fund - Discretionary | $450,872,062 | ||
6012 | National Flood Insurance Fund - Mandatory | $5,474,720,576 | ||
6013 | Borrowing Authority | $7,900,000,000 | ||
6014 | FMA grants (offsetting collections) | $656,383,934 | ||
6016 | FMA IIJA grants | $752,256,189 | ||
6170 | Apportioned in FY 2027 | $2,414,231,470 | See footnotes below | |
Footnotes for line 6170: | A1: If a programmatic need arises in FY 2026 for the obligation of funds currently apportioned in Category C, the agency may reallocate the Category C amounts to the applicable Category B lines without further action by OMB. OMB shall be notified of such action no more than ten business days after such reallocation. [Rationale: Footnote signifies that this TAFS has received or may receive an automatic apportionment.] | |||
6190 | Total budgetary resources available | $17,648,464,231 | See footnotes below | |
Footnotes for line 6190: | A2: Funds are apportioned with the understanding that FEMA will notify OMB via email 15 business days ahead of exercising additional borrowing authority with Treasury. [Rationale: OMB requests additional information on programmatic spending for some or all of the apportioned funds.] |
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 | If a programmatic need arises in FY 2026 for the obligation of funds currently apportioned in Category C, the agency may reallocate the Category C amounts to the applicable Category B lines without further action by OMB. OMB shall be notified of such action no more than ten business days after such reallocation. [Rationale: Footnote signifies that this TAFS has received or may receive an automatic apportionment.] |
A2 | Funds are apportioned with the understanding that FEMA will notify OMB via email 15 business days ahead of exercising additional borrowing authority with Treasury. [Rationale: OMB requests additional information on programmatic spending for some or all of the apportioned funds.] |
B1 | Per P.L. 117-58, Infrastructure Investment and Jobs Act, $3,500,000,000 in supplemental funding, to remain available until expended, is appropriated to the National Flood Insurance Fund over five fiscal years ($700,000,000 per fiscal year for fiscal years 2022 through 2026). |
B2 | Per P.L. 117-58, Infrastructure Investment and Jobs Act (IIJA), one-quarter of one percent of the amounts made available under each heading in title V of division J of the IIJA in each of fiscal years 2022 through 2026 shall be transferred to the Office of the Inspector General of DHS for oversight of funding provided to DHS in title V of the IIJA. |
B3 | Pursuant to 42 U.S.C. 4016, the FEMA Administrator can borrow up to $30,425,000,000 with the approval of the President. As of February 4, 2025, FEMA had borrowed $20,500,000,000. On February 5, 2025, the President authorized FEMA to exercise an additional $6,000,000,000 in borrowing authority. Of this amount, $4,000,000,000 is still available to exercise. Up to an additional $3,900,000,000 remains in available borrowing authority, but FEMA must gain further Presidential approval before exercising this remaining borrowing authority. |
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