Budget Highlights Book - DON FM&C Website - U.S. Navy

Financial Summary February 2010Financing adjustments account for many of the differences between TOA and BA.Generally, funding changes are scored as budget authority adjustments in the fiscalyear in which the change itself is effective; for TOA purposes, changes are reflectedas adjustments to a specific program year, based on the original appropriation.Expiring balances also contribute to the difference between TOA and BA. Expiringbalances are funds that were included in BA available for FY 2008 accounts, butwere not obligated prior to the end of the fiscal year. These amounts are included inBA totals, but not TOA. Rescissions of prior year programs are reflected in TOAavailable but not as BA in the year they are rescinded.Navy Working Capital Fund Contract Authority is offset by Contract Authorityliquidated and reflects the use of authority to place orders in advance of actual sales.This amount is included in BA, but not TOA.Construction/housing transfers are transfers authorized to shift authority from manydifferent program years to support efforts such as the Family Housing ImprovementFund.Adjustments to finance programs with prior balances reduce the need for BA in thebudget year. These include unobligated balances from supplemental appropriationsavailable for more than a one‐year period, unobligated balances transferred from theForeign Currency Fluctuation Fund, and transfers from supplemental accounts.Other financing adjustments include changes in fund balances and differences inreimbursable orders.Outlays represent the net of expenditures and collections from the Treasury of theUnited States Government. Outlays in a given fiscal year may represent theliquidation of obligations incurred over a number of years. The TOA and BA levelsfor FY 2009 through FY 2011 along with DON outlay estimates are summarized inFigure 46.8–2 FY 2011 Department of the Navy Budget