The Federal Borrowings Program facilitates loans to federal agencies on behalf of the Department of the Treasury. Because actual interest rates for the fiscal year aren't available until September, the interest payable and interest expense amounts on the Fiscal Quarters One (Q1) through Three (Q3) reports are estimates provided either by the agency or based on the previous fiscal year's interest collection. All interest collections are transacted at the end of September each fiscal year, so the interest payable for the Fourth Quarter (Q4) will be zero for all accounts and the interest expense column will reflect the actual amount of the interest collected for the fiscal year. Interest on Uninvested Funds account (020X1880) was established pursuant to the Federal Credit Reform Act of 1990, as amended (FCRA): 'Cash balances of the financing accounts in excess of current requirements shall be maintained in a form of uninvested funds and the Secretary of the Treasury shall pay interest on these funds.'
Beginning in fiscal year 2020, agencies are identified by the Department ID and Fund ID fields. The Fund ID field values consist of the Department ID and the Main Account Code. The Department ID is the first two digits and the Main Account Code is the next four digits in the Fund ID. For example, the Fund ID of 20408899 has a Department ID of 20 and a Main Account Code of 4088. For more information regarding Department ID and Fund ID codes please visit the Federal Account Symbols and Titles Book and the Expenditure/Receipt Account crosswalk document(https://www.treasurydirect.gov/govt/apps/tbp/Expenditure-Receipt Account Crosswalk.xlsx). Department ID is referred to as AID in the crosswalk document. In fiscal years 2018 and 2019, agencies are identified by the Treasury Account Symbol field. Prior to fiscal year 2018, agencies are identified by the Agency Name field.
