Data Exercises

As you have done in the past, direct your browser to OMB’s Historical Tables at http://www.whitehouse.gov/omb/budget/Historicals. Open Table 12.2 called “Total Outlays for Grants to State and Local Governments, by Function and Fund Group: 1940-2021.”

1. What are the various “functions” and “fund groups” that are included in this table?

2. Using a reliable sources such as OMB-Circular A-11 (see http://www.whitehouse.gov/omb/circulars_a11_current_year_a11_toc/), describe the difference between “federal funds” and “trust funds.”

3. Find at least examples of trust funds that are administered by the federal government, which provide funding to state and local governments. Using sources such as the federal agencies’ official website, provide a brief write up on the agency that includes a description or justification for the agencies’ administration of these funds. There are no right or wrong answers but you must provide evidence supporting your summary.