Program Costs and Outlays

Government Cost Tables

Government cost for the Federal crop insurance program for the past 10 years are summarized in the following tables.

• The Fiscal year (FY) government cost tables summarize the costs by the Federal Government FY (October 1 – September 30).
• The FY premium and other income table provides further detail for the premium and other income column on the FY government cost table.
• The Crop year (CY) government cost tables summarize the costs by crop year (usually defined by the year the commodity is harvested).
• The CY premium and other income table provides further detail for the premium and other income column on the CY government cost table.

Net Outlays

FCIC/RMA financial statements are based an accrual basis of accounting which is different than cash basis. Expense or revenue may be accrued in one period; however the cash is not disbursed or collected until the following period. Outlays are equal to cash disbursements. Net outlays are outlays (disbursements) less collections.

Reconciliation of Net Cost to Net Outlays

The following tables show the reconciliations of the expense and revenue (which are reported on the statement of net cost) to the outlays and collections (which are reported on the statement of budgetary resources), by fiscal year.

FY 2008 | FY 2007 | FY 2006 | FY 2005

Note: For weekly updates, please see the Summary of Business.

Contact Information

For more information, contact Michael Drewel.