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What is the FACTS II USSGL Attribute: “Year of Budget Authority”?

April 26, 2017facts ii ussgl

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What is the FACTS II USSGL Attribute: “Year of Budget Authority”?

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Year_of_Budget Authority is a U.S. Standard General Ledger (USSGL) attribute that distinguishes between outlays from new budget authority versus outlays from balances. It is used for no-year Treasury Appropriation Fund Symbol (TAFS). It is not used for annual or multi-year TAFS. It is also not used for no-year credit financing TAFS. For additional information refer to FACTS II USSGL Attribute: “Year_Of_Budget Authority” – What is it? Plus 14 related questions and answers addressed.