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Financial Report of the U.S. Government: Statement of Net Cost

09/30/2001 — 09/30/2019Updated AnnuallyLast Updated 07/28/2020CSV, JSON, XMLData Dictionary

Overview of the net cost of U.S. government operations from dedicated collections including gross cost, earned revenue, and changes in assumptions.

Financial Report of the U.S. Government: Statement of Net Cost

About This Dataset

Description:

The Financial Report of the U.S. Government: Statement of Net Cost dataset presents the net cost of the government operations, including the operations related to funds from dedicated collections. Costs and earned revenues are categorized on the Statement of Net Cost by significant entity, providing greater accountability by showing the relationship of the entities' net cost to the government-wide net cost. Net cost is computed by subtracting earned revenue from gross cost, adjusted by the total gain or loss from changes in assumptions.

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