Search form

Financial Report of the United States Government, FY 2016

Title:
Financial Report of the United States Government, FY 2016
Agency Publisher: 
Format:
Paperback
USA Price: 
Stock:
In stock
GPO Stock Number:
048-000-00573-0
ISBN:
9780160936999
Description

ITEM AVAILABLE DATE 02/17/17.

The annual Financial Report of the U.S. Government provides to the public a comprehensive overview of the Government's current financial position, as well as critical insight into our long term fiscal outlook. The Fiscal Year 2016 Financial Report, the final U.S. Financial Report of the Obama Administration, reflects an economy that has come a long way since 2008, with sustained private sector job growth and increasing vitality.

Under President Obama’s leadership, there has been substantial economic and fiscal progress, showing what is possible when strategic investment is paired with smart reform. Labor market conditions continue to improve, we have added millions of jobs to the economy and GDP has grown steadily. Globally, the United States remains a driver of steady economic growth.

Table of Contents

Table of Contents:
A Message from the Secretary of the Treasury
A Citizen’s Guide............................................................................................... 1
Management’s Discussion and Analysis.......................................................... 9
Statement of the Comptroller General of the United States.......................... 37
Financial Statements
Introduction ....................................................................................................... 45
Statement of Net Cost........................................................................................ 52
Statement of Operations and Changes in Net Position ...................................... 54
Reconciliations of Net Operating Cost and Unified Budget Deficit.................. 56
Statements of Changes in Cash Balance from Unified Budget and Other
Activities............................................................................................................ 57
Balance Sheets................................................................................................... 58
Statements of Long-Term Fiscal Projections..................................................... 59
Statements of Social Insurance.......................................................................... 60
Statement of Changes in Social Insurance Amounts......................................... 63
Notes to the Financial Statements
Note 1. Summary of Significant Accounting Policies....................................... 65
Note 2. Cash and Other Monetary Assets.......................................................... 78
Note 3. Accounts and Taxes Receivable, Net.................................................... 80
Note 4. Loans Receivable and Loan Guarantee Liabilities, Net........................ 81
Note 5. Inventories and Related Property, Net .................................................. 85
Note 6. Property, Plant, and Equipment, Net..................................................... 87
Note 7. Debt and Equity Securities.................................................................... 89
Note 8. Investments in Government-Sponsored Enterprises ............................. 92
Note 9. Other Assets.......................................................................................... 95
Note 10. Accounts Payable................................................................................ 96
Note 11. Federal Debt Securities Held by the Public and Accrued Interest ...... 97
Note 12. Federal Employee and Veteran Benefits Payable ............................... 101
Note 13. Environmental and Disposal Liabilities.............................................. 110
Note 14. Benefits Due and Payable ................................................................... 112
Note 15. Insurance and Guarantee Program Liabilities..................................... 113
Note 16. Other Liabilities.................................................................................. 114
Note 17. Collections and Refunds of Federal Revenue ..................................... 117
Note 18. Contingencies...................................................................................... 120
Note 19. Commitments...................................................................................... 125
Note 20. Funds from Dedicated Collections...................................................... 128
Note 21. Fiduciary Activities............................................................................. 134
Note 22. Social Insurance .................................................................................. 137
Note 23. Long-Term Fiscal Projections............................................................ 160
Note 24. Stewardship Land and Heritage Assets............................................... 165
Required Supplementary Information (Unaudited)
The Sustainability of Fiscal Policy .................................................................... 167
Social Insurance................................................................................................. 177
Social Security and Medicare .......................................................................... 177
Railroad Retirement, Black Lung, and Unemployment Insurance .................. 199
Deferred Maintenance and Repairs.................................................................... 210
Other Claims for Refunds.................................................................................. 210
Tax Assessments................................................................................................ 211
Risk Assumed.................................................................................................... 212
Federal Oil and Gas Resources.......................................................................... 213
Federal Natural Resources Other than Oil and Gas.......................................... 215
Other Information (Unaudited)
Unexpended Balances of Budget Authority ..................................................... 217
Tax Burden ....................................................................................................... 217
Tax Gap ............................................................................................................. 219
Unmatched Transactions and Balances ............................................................. 220
Required Supplementary Stewardship Information (Unaudited)
Stewardship Investments................................................................................... 223
Non-Federal Physical Property........................................................................ 224
Human Capital................................................................................................. 224
Research and Development ............................................................................. 224
Appendices
Appendix A: Reporting Entity........................................................................... 227
Appendix B: Acronyms..................................................................................... 231
U.S. Government Accountability Office Independent Auditor’s Report...... 237

Audience

Policymakers, governmental agencies, businesses, and U.S. economic trade partners will be interested in this publication because it will outline current and future fiscal situations in the United States that could affect a variety of policies and agencies.  In addition, economists, students and professors studying the federal budget and federal financial reports, and any member of the general public interested in learning about the Financial Report of the United States Government may be interested in this work.

Product Details

Availability Details:
In Stock
USA Price:
$51.00
International Price:
$71.40
Publisher:
Treasury Dept.
Year/Pages:
2016: 272 p.; ill.
Key Phrases:
  • Annual Reports, Treasury Department
Weight:
2
Quantity Price:
Discount
Cover:
Paper
Unit of Issue (US):
1
Unit of Issue (Non-US):
1
Item available Date:
01/27/2017
Last Status Update:
11/27/2017
Back to Top