Data Dictionary
Item Number 4050
INTEREST ON OBLIGATIONS OF STATES AND POLITICAL SUBDIVISIONSCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| RIAD4050 | 1969-12-31 | 1985-12-31 | No | Multiple Forms |
| RIDM4050 | 1978-12-31 | 1983-12-31 | No | FFIEC 013 |
Data Description:
Includes income from all obligations (bonds, notes, debentures, and loans, including warranty and tax anticipation notes) of states and local governments, and political subdivisions of the United States. Also includes Farmers Home Administration guaranteed loans made for community water supply, waste disposal systems, and outdoor recreation centers.
Included as states and political subdivisions are (1) counties, municipalities, school districts, irrigation districts, and drainage and sewer districts of the fifty states of the United States and the District of Columbia; and (2) the governments of Puerto Rico, Guam, American Samoa, American Virgin Islands, the Northern Marina Islands, and other U.S. territories and insular possessions and their political subdivisions.
In addition, includes income from all federal income tax-exempt obligations of authorities, such as local housing or industrial development authorities, which derive their tax-exempt status from relationships with a state or local government.
Excludes income from all lease financing obligations of state and local governments, even though tax-exempt. All such lease financing obligations are to be reported in "Income from Lease Financing (4065)". Also excludes securities held in trading account.