This analysis presents Federal obligations in terms of the object classification prescribed in Bureau of the Budget Circular No. A-12. The presentation is based on the detailed schedules contained in the Budget Appendix for 1971, and reflects a breakdown of total obligations incurred reconciled to the net obligations shown in Table 7 of the 1971 Budget.

Because of rounding, the detailed figures in the tables may not add to the totals, and the totals may differ from those in other budget tables.

The amounts shown for Federal funds in a few of the tables of this analysis differ from those in Table B-3 of Special Analysis B, "Funds in the Budget." Figures in Table B-3 were drawn from preliminary computer runs which have now been corrected. The major differences result from Table B-3's erroneous inclusion in "Other independent agencies" of the 1970 and 1971 "Allowances" which are shown separately and apply to all agencies. Under Bureau of the Budget Circular No. A-12 provision is made for the uniform classification of financial transactions of the Federal Government in the following manner:

Object classes describe the nature of the service or article for which obligations are incurred, regardless of the purpose or program served. Thus, obligations for purchasing an automobile are classified under object class 31, Equipment, whether the automobile is used for national defense, law enforcement, or construction activities.

Object class data present the total amount obligated (or estimated) for purchase of articles or services. The price of an automobile, for example, may include charges by the supplier for transportation, and the entire amount is classified under object class 31.

The summary table which follows combines Federal and trust funds and provides a reconciliation between total obligations and net obligations. It also presents a distribution of net obligations between Federal and trust funds. In the summary and detailed tables, interfund and intragovernmental payments from one agency or fund to another are treated as offsets to total obligations to avoid double counting. Similarly, proprietary receipts, representing receipts that are market-oriented in character, are offset against total obligations to derive net obligations. 10 Personal services and benefits. 20 Contractual services and supplies 30 Acquisition of capital assets 40 Grants and fixed charges 90 Other.

48,451 79,377 37,139 94,729 3,359

52,233
76,944
36,634
106,222

2,670

51,834
72,971
35,442
117,064

7,608

Deduct:

Reimbursements credited to appropriations:

Within the Government.

From the public..
Proprietary receipts.
Interfund and intragovernmental transactions
Recoveries of prior year obligations..

34,537 27,214 4,192 8,714 3,251

32,909 24,460 4,211 9,704 1,108

32,627 26,694

5,538 11,250 1,666