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Federal, State, and Local Governments
Government Finance and Employment Classification Manual
DESCRIPTIONS OF FUNCTIONAL CATEGORIES
 
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FUNCTION CODE:   51 NAME:    Farm Credit Programs (Federal Only)
SECTOR:    General APPLIES TO:    Finance |X|    Employment | |
PUBLICATION CATEGORIES:    Environment and Housing; Natural Resources; Agriculture
DEFINITION:    Federal Government programs for providing direct loans and loan guarantees to farmers, for the construction and operation of rural electric power and telephone systems, and for the regulation and examination of financial institutions constituting the Farm Credit System.
EXAMPLES:   Comprises the activities of: U.S. Farmers Home Administration (agricultural credit insurance, rural housing insurance, and related administration); Rural Electrification Administration (rural electrification and telephone loans and guaranteed loans, Rural Telephone Bank, and related administration); and the Farm Credit Administration.
EXCLUSIONS:   Extensions of loans themselves and the value of guaranteed loans (nonexpenditures); rural water and wastewater disposal grants (report at Other and Unallocable, code 89); rural economic development loan programs (use code 89); Federal crop insurance and other farm income or price support programs (report at Farm Income Stabilization, code 53).
REFERENCES: - To be added later -
OTHER NOTES:    This function applies solely to the Federal Government expenditures--report any related Federal employment data at Other Natural Resources, code 59.
 
DETAILED CODE LIST WITH COVERAGE OF DATA COLLECTION*
 
  General Purpose Governments
EXPENDITURES, DIRECT: Federal StateD.C. Large City-County Other LocalSpecial District
E51 Current Operations Y NN N NN
I51 Assistance and Subsidies Y NN N NN
 
    INTERGOVERNMENTAL, TO:  
L51 State Y NN N NN
M51 Locals, NEC Y NN N NN
 
* Shows whether data are collected (Y) or not (N) for that type.

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