Note 12. Liabilities

FY 2003 Performance and Accountability Report
Bureau of Resource Management
December 2003
Report

The Department's liabilities are classified as covered by budgetary resources or not covered by budgetary resources. Liabilities not covered by budgetary resources result from the receipt of goods and services, or occurrence of eligible events in the current or prior periods, for which revenue or other funds to pay the liabilities have not been made available through appropriations or current earnings of the Department. The major liabilities in this category include assessments from international organizations, unfunded actuarial liability for FSRDF, future workers' compensation benefits, capital leases, and accrued annual leave. Liabilities not covered by budgetary resources at September 30, 2003 and 2002, are summarized below (Dollars in Thousands).

Liabilities not covered by Budgetary Resources
At September 30, 2003 and 2002
(Dollars in Thousands)
  2003 2002
Intragovernmental Liabilities -    

Accounts Payable

$        — $        —

Other Liabilities

    17,961
single underline
    17,966
single underline
Total Intragovernmental Liabilities $   17,961 $   17,966
Foreign Service Retirement Actuarial Liability    653,804    324,776
Liability to International Organizations    919,428  1,065,172
Capital Lease Liability     85,985     92,010
Funds Held in Trust     13,322     13,592
Federal Employees' Compensation Act Benefits     61,628     56,259
Accrued Annual Leave    198,864    180,926
Other Liabilities      5,228
single underline
     8,621
single underline
Total Liabilities not Covered by Budgetary Resources $1,956,220
double underline
$1,759,322
double underline

Other Liabilities at September 30, 2003 and 2002 were $511.7 million and $563.5 million, respectively, and consist primarily of accrued employee benefits.