Beginning in 1988:Q1, level and unadjusted flow are zero. Prior to 1988:Q1, fiscal-year-end level calculated as the difference between data on deposit liabilities to state and local governments from quarterly Reports of Condition for U.S.-chartered commercial banks and data on cash and deposits held by state and local governments from former Bureau of the Census publication Government Finances. In 1987, the Bureau of the Census discontinued reporting cash and deposits as separate items in Government Finances.
