§015s. (CB) Special Fund Accounts

Cyclopedia of Congressional Budget Law

Special Fund Accounts

Summary

A Special fund means a Federal fund account for receipts earmarked for specific purposes and for the expenditure of these receipts.

GAO Glossary of Terms and Definition (September 2005)

Special Fund Accounts

See under Federal Fund Accounts under Accounts in the President’s Budget.

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Terms and Concepts from OMB

The following information is derived from “Section 20.11: Terms and Concepts” of the OMB A-11 Circular.

Special Fund Receipt Accounts: These accounts records receipts earmarked by law for a specific purpose (other than a business-like activity). These receipt accounts are linked to expenditure accounts and are included in the President’s Budget.

Special Fund Expenditure Accounts: These accounts record budget authority, obligations, and outlays of special fund receipts. These receipt accounts are linked to expenditure accounts and are included in the President’s Budget.