The Treasury Accounting Bureau (TABS) primary responsibilities consist of recording receipt of all money collected by the Pennsylvania Department of Revenue, and the processing of all disbursements that have been approved by Treasury’s Bureau of Fiscal Review. TABS maintains the cash and investment balances of all state funds. TABS also maintains the budgetary balance of all state and federal appropriations, executive authorizations, and revenue codes established by the Governor’s Budget Office.
TABS is the source of fund reporting for all agencies. Receipts and disbursements processed through TABS are incorporated into a cash forecasting report that provides a detailed listing of fund balances available for investment purposes. TABS also warrants disbursements, which is the final step of the payment process.
Appropriation Balance Report establishes the legislated appropriation as the beginning balance, adds expendable revenue, deducts expenditures, makes adjustments as recorded by the agency and creates an ending balance available for use by the department and purpose of that appropriation code.
The Pool Participant Balance Report establishes the daily Treasury Investment Pool Share Balance for each fund, in addition to the Cost Balance maintained on the General Ledger. The Net Asset Value (NAV) for Pool 998 is calculated and the Market Value of the shares is included in the total market value for all pooled investments.
Fund Balance Report is the ending balance of prior day cash and investments of the general and special funds of the Commonwealth after all accounting transactions have been posted.
The Capital Facilities Fund (038) records the monies used to pay for the Commonwealth’s capital projects. The Sub Account Balance Report provides the daily balance, revenues and expenditures for each of the capital projects categories that have been approved in a capital budget.
