GAO Glossary of Terms and Definitions (September 2005)


Those budgetary accounts (either federal or trust funds) designated by law as excluded from budget totals. As of the date of this glossary, the revenues and outlays of the two Social Security trust funds (the Old-Age and Survivors Insurance Trust Fund and the Disability Insurance Trust Fund) and the transactions of the Postal Service are the only off-budget accounts. The budget documents routinely report the on-budget and off-budget amounts separately and then add them together to arrive at the consolidated government totals. (See also Nonbudgetary; On-Budget; OutlayTrust Fund Expenditure Account under Trust Fund Accounts under Account in the President’s Budget; Unified Budget.)

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Obligational Authority


OMB Circular No. A-11