FASAB Fiscal Sustainability Disclosure Requirements

FASAB issues a new standard designed to enable readers to determine whether future budgetary resources will sufficiently sustain public services and meet obligations as they come due. It is FASAB 36 and it will be fully implemented by fiscal year 2013. Starting in 2010 all information may be presented as required supplementary disclosures. The Standard itself Reporting Comprehensive Long term Fiscal Projections for the US Government is located at this link http://www.fasab.gov/pdffiles/sffas_36_.pdf