1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday September 05, 2003 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE I Operating Cash Balance ³ ___________________________________________________________________________________________ ³ ³ ³ Opening balance ³ ³ _________________________________________________________________ ³ Closing ³ ³ ³ This ³ ³ Type of account ³ balance ³ ³ This ³ fiscal ³ ³ ³ today ³ Today ³ month ³ year ³ ___________________________________________________________________________________________ Federal Reserve Account $ 4,368 $ 5,432 $ 4,589 $ 7,879 Tax and Loan Note Accounts (Table V) 3,371 4,469 857 53,007 Total Operating Balance 7,739 9,900 5,446 60,886 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday September 05, 2003 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE II Deposits and Withdrawals of Operating Cash ³ ___________________________________________________________________________________________ ³ ³ ³ This ³ Fiscal ³ ³ Deposits ³ Today ³ month ³ year ³ ³ ³ ³ to date ³ to date ³ ___________________________________________________________________________________________ Federal Reserve Account: Agriculture Loan Repayments (misc) 35 200 7,391 Commodity Credit Corporation programs 67 216 12,688 Customs and Certain Excise Taxes 84 387 24,781 Deposits by States: Supplemental Security Income 0 0 3,736 Unemployment 18 61 25,038 Education Department programs 24 274 13,658 Energy Department programs 26 109 5,735 Estate and Gift Taxes 74 353 20,862 Federal Reserve Earnings 0 200 20,396 Foreign Deposits, Military Sales 34 511 10,077 FTD's Received (Table IV) 1,146 9,359 420,601 Housing and Urban Development programs 44 174 10,215 Individual Income and Employment Taxes, Not Withheld 336 1,401 245,025 Interest recd from T&L Depositaries 0 1 120 Justice Department programs 2 66 4,493 Postal Service 450 1,799 91,298 Public Debt Cash Issues (Table III-B) 57 118,634 3,980,826 Other Deposits: Thrift Savings Plan Transfer 76 136 6,037 Total Other Deposits 76 793 16,327 Change in Balance of Uncollected Funds (closing balance $ 126) -5 -32 -73 Transfers from Depositaries 3,962 17,622 1,512,000 Total Federal Reserve Account 6,428 152,128 6,425,195 Tax and Loan Note Accounts: FTD's Received (Table IV) 2,753 19,781 1,066,518 Transfers from Federal Reserve Account (Table V) 111 356 395,846 Total Tax and Loan Note Accounts (Table V) 2,864 20,136 1,462,364 Total Deposits (excluding transfers) 5,220 154,287 5,979,713 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday September 05, 2003 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ ___________________________________________________________________________________________ ³ ³ ³ This ³ Fiscal ³ ³ Withdrawals ³ Today ³ month ³ year ³ ³ ³ ³ to date ³ to date ³ ___________________________________________________________________________________________ Federal Reserve Account: Commodity Credit Corporation programs 83 330 29,571 Defense Vendor Payments (EFT) 736 3,084 189,403 Education Department programs 285 1,327 63,132 Energy Department programs 90 391 22,852 Federal Employees Insurance Payments 81 708 34,976 Fed. Highway Administration programs 158 630 27,278 Federal Salaries (EFT) 124 2,389 116,128 Food and Nutrition Service (misc) 54 217 18,750 Food Stamps 73 301 18,853 GSA programs 8 430 16,472 Health and Human Services Grants (misc) 264 930 62,250 Housing and Urban Development programs 89 2,170 47,311 Interest on Treasury Securities 3 1,813 131,185 Justice Department programs 59 196 11,093 Labor Dept. prgms (excl. unemployment) 120 233 13,047 Medicaid 670 2,921 148,646 Medicare 764 4,129 257,927 NASA programs 36 144 11,601 Postal Service Money Orders and Other 319 1,038 45,773 Public Debt Cash Redemp. (Table III-B) 55 89,199 3,625,296 Social Security Benefits (EFT) 0 21,566 352,957 Temporary Assistance for Needy Families (HHS) 63 259 18,024 Unemployment Insurance Benefits 157 883 50,169 Veterans Affairs programs 78 254 14,343 Other Withdrawals: Federal Crop Ins. Corp. 82 139 607 IRS Tax Refunds Business (EFT) 56 360 41,452 IRS Tax Refunds Individual (EFT) 195 196 103,960 Maritime Administration 55 55 55 Thrift Savings Plan Transfer 263 537 12,279 Transportation Security Admin. (DHS) 2 5 5,577 Unclassified 2,361 7,816 328,299 Total, Other Withdrawals 3,014 16,453 705,821 Transfers to Depositaries 111 356 395,846 Total Federal Reserve Account 7,492 152,350 6,428,706 Tax and Loan Note Accounts: Transfers to Federal Reserve Account (Table V) 3,962 17,622 1,512,000 Total Withdrawals (excluding transfers) 7,381 151,994 6,032,860 Net Change in Operating Cash Balance -2,162 2,293 -53,147 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday September 05, 2003 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-A Public Debt Transactions ³ ___________________________________________________________________________________________ ³ ³ ³ This ³ Fiscal ³ ³ Issues ³ Today ³ month ³ year ³ ³ ³ ³ to date ³ to date ³ ___________________________________________________________________________________________ Marketable: Bills: Regular Series 2 63,935 3,102,927 Cash Management Series 0 23,000 165,005 Notes 0 30,592 616,692 Bonds 0 0 0 Inflation - Indexed Securities Increment 6 30 3,089 Federal Financing Bank 0 0 15,000 Nonmarketable: Depositary Compensation Security 0 2,623 48,513 United States Savings Securities: Cash Issue Price 48 263 12,287 Interest Increment 0 551 7,278 Government Account Series 90,989 384,674 19,266,269 Domestic Series 0 0 565 Foreign Series 0 0 1,600 State and Local Series 7 1,057 89,866 Other 0 0 458 Total Issues 91,052 506,726 23,329,550 (Stated at face value except for savings and retirement plan securities which are stated at current redemption value.) ___________________________________________________________________________________________ ³ ³ ³ This ³ Fiscal ³ ³ Redemptions ³ Today ³ month ³ year ³ ³ ³ ³ to date ³ to date ³ ___________________________________________________________________________________________ Marketable: Bills 0 65,659 3,153,231 Notes 0 18,665 352,675 Bonds 1 3 16,097 Federal Financing Bank 0 0 30,000 Nonmarketable: Depositary Compensation Security 0 1,550 2,739 United States Savings Securities 49 208 11,497 Government Account Series 89,438 393,164 19,086,897 Domestic Series 0 0 565 Foreign Series 0 0 3,012 State and Local Series 5 4,665 87,905 Other 0 0 314 Total Redemptions 89,494 483,912 22,744,932 Net Change in Public Debt Outstanding 1,558 22,813 584,618 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday September 05, 2003 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-B Adjustment of Public Debt Transactions to Cash Basis ³ ___________________________________________________________________________________________ ³ ³ ³ This ³ Fiscal ³ ³ Transactions ³ Today ³ month ³ year ³ ³ ³ ³ to date ³ to date ³ ___________________________________________________________________________________________ Public Debt Cash Issues: Public Debt Issues (Table III-A) 91,052 506,726 23,329,550 Premium on New Issues 0 0 1,152 Discount on New Issues: Bills (-) 0 190 10,254 Bonds and Notes (-) 0 24 559 Depositary Compensation Security (-) 0 2,623 48,513 Federal Financing Bank (-) 0 0 15,000 Government Account Transactions (-) 90,989 384,674 19,265,259 Interest Increment on United States Savings Securities (-) 0 551 7,278 Inflation - Indexed Securities Increment 6 30 3,013 Total Public Debt Cash Issues Deposited in Federal Reserve Account 57 118,634 3,980,826 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) 89,494 483,912 22,744,932 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Depositary Compensation Security (-) 0 1,550 2,739 Federal Financing Bank (-) 0 0 30,000 Government Account Transactions (-) 89,438 393,164 19,086,897 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. 55 89,199 3,625,296 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday September 05, 2003 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-C Debt Subject to Limit ³ ___________________________________________________________________________________________ ³ ³ ³ Opening balance ³ ³ _________________________________________________________________ ³ Closing ³ ³ ³ Fiscal ³ ³ Balance Transac ³ balance ³ ³ This ³ year ³ ³ ³ today ³ Today ³ month ³ ³ ___________________________________________________________________________________________ Debt Held by the Public $ 3,979,155 $ 3,979,370 $ 3,947,860 $ 3,553,180 Intragovernmental Holdings 2,833,699 2,831,926 2,842,181 2,675,056 Total Public Debt Outstanding 6,812,854 6,811,296 6,790,041 6,228,236 Less: Debt Not Subject to Limit: Other Debt 516 516 516 520 Unamortized Discount 46,092 46,121 45,997 51,569 Federal Financing Bank 0 0 0 15,000 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 247 247 247 283 Total Public Debt Subject to Limit 6,766,493 6,764,906 6,743,775 6,161,431 Statutory Debt Limit 7,384,000 7,384,000 7,384,000 6,400,000 Act of May 27, 2003, permanently increased the statutory debt limit to $7,384 billion. Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds (amortization is calculated daily). 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Friday September 05, 2003 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE IV Federal Tax Deposits ³ ___________________________________________________________________________________________ ³ ³ ³ This ³ Fiscal ³ ³ Classification ³ Today ³ month ³ year ³ ³ ³ ³ to date ³ to date ³ ___________________________________________________________________________________________ Withheld Income and Employment Taxes $ 3,782 $ 29,625 $ 1,309,121 Individual Estimated Income Taxes 1 7 2,988 Railroad Retirement Taxes 7 86 3,967 Excise Taxes 34 122 59,159 Corporation Income Taxes 36 272 155,165 Federal Unemployment Taxes 2 11 6,774 Estate and Gift Taxes & Misc IRS Rcpts. 7 57 808 Change in Balance of Unclassified Taxes 61 363 234 Total 3,930 30,545 1,538,217 These Receipts were deposited in: Federal Reserve Account: Directly 68 420 28,153 Collector Depositaries 1,078 8,939 392,448 Tax and Loan Accounts 2,753 19,781 1,066,518 Inter-agency Transfers 31 1,405 51,098 TABLE V Tax and Loan Note Accounts by Depositary Category ³ ___________________________________________________________________________________________ ³ ³ ³ Type of Depositary ³ ³ _________________________________________________________________ ³ Balance Transac ³ ³ ³ ³ ³ ³ ³ A ³ B ³ C ³ Total ³ ___________________________________________________________________________________________ Opening Balance Today $ 35 $ 240 $ 4,193 $ 4,469 Deposits: Taxes Received (Table IV) 7 55 2,690 2,753 Transfers to Depositaries 1 0 110 111 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 3,540 3,540 Depositary Initiated 1 23 398 422 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Closing Balance Today 43 273 3,056 3,371 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Friday September 05, 2003 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued ³ ___________________________________________________________________________________________ ³ ³ ³ This ³ Fiscal ³ ³ Classification ³ Today ³ month ³ year ³ ³ ³ ³ to date ³ to date ³ ___________________________________________________________________________________________ Individual 1/$ 982 $ 1,002 $ 223,428 Business 66 807 71,983 1/Includes $32 million for payments issued in accordance with provisions of t he Jobs and Growth Tax Relief Reconciliation Act of 2003. This statement summarizes the United States Treasury's cash and debt operations for the Federal Government. Treasury's operating cash is maintained in an account at the Federal Reserve Bank of New York and in Tax and Loan accounts at commercial banks. Major information sources include: Federal Reserve Banks, Treasury Regional Financial Centers, Internal Revenue Service Centers, Bureau of the Public Debt and various electronic systems. Information is presented on a modified cash basis. Deposits are reflected as received and withdrawals are reflected as processed. SOURCE: Financial Management Service, Department of the Treasury Note: The Daily Treasury Statement (DTS) is available by 4:00 p.m. the following business day on the Financial Management Service (FMS) website www.fms.treas.gov/dts. For more information, call the Cash Forecasting Division at 202-874-9790. The DTS is also available on the Department of Commerce's "State of the Nation" website: http://www.stat-usa.gov/sotn. For more information regarding this system, please call 202-482-1986.