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| Performance and Accountability Report Fiscal Year 2007 | |||||||||||||||||||||||||||
| Financial Section | |||||||||||||||||||||||||||
| GSA Home | Table of Contents | Management | Performance | Financial | Other | |||||||||||||||||||||||||||
Note 11. Unfunded LiabilitiesAs of September 30, 2007 and 2006, budgetary resources were not yet available to fund certain liabilities reported on the Consolidating Balance Sheets. For such liabilities, most are long-term in nature where funding is generally made available in the year payments are due or anticipated. The portion of liabilities reported on the Consolidating Balance Sheets that are not covered by budgetary resources consists of the following (dollars in millions):
In addition, all balances reported in the Consolidating Balance Sheets under the caption Deposit Fund Liability, as well as amounts shown as Other Intragovernmental Liabilities - Deposits Held in Suspense and Earnings Payable to Treasury in Note 9, while also unfunded by definition (as no budgetary resources have been applied), will be liquidated from resources outside of the traditional budgeting process and require no further Congressional action to do so.
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