Executive Summary Full Range
Evidence-Level Coverage
| Status | Share | Abs. dollars | Cards |
|---|---|---|---|
| curated | 80.99% | $12.33T | 284 |
| official only | 18.01% | $2.74T | 1105 |
| generated | 0.89% | $135.9B | 550 |
| missing | 0.11% | $16.8B | 575 |
What this chart shows: Successive rounds of research connected FI$Cal’s unexplained labels to accounting definitions, crosswalks, and government sources listed in the appendix. Each round added context, moving more of the financial records from unexplained labels toward source-backed understanding.
Interpretive Bottom Line
The raw FI$Cal record shows where dollars were posted. The semantic layer explains what those postings mean, what they do not mean, and how much confidence the team has in that interpretation.
Selected scope: All currently loaded FI$Cal spending and vendor / payee periods. Latest period in scope: FY25 period 11 (May 2026).
Promoted coverage: 99.00% of current reference-card absolute exposure is now either official-only or curated with official support. Remaining generated / missing ambiguity: $152.7B.
Across the currently loaded agency domains, the dominant public-accounting pattern is not ordinary agency operations. The large totals are mostly benefits, local assistance, apportionments, federal pass-throughs, grants, provider-financing mechanisms, transfers, and timing adjustments.
Evidence Level Definitions
Curated: Source-backed interpretation has been added beyond the raw FI$Cal label, usually combining official budget / accounting material with program, fund, transaction-pattern, or external source evidence.
Official only: The label is interpretable from official source material, but no additional semantic enrichment has been attached yet. This category can decrease as official-only dollars are promoted into curated cards with added context and caveats.
Generated: A plausible machine-generated or rule-generated label exists, but it still needs source-backed interpretation before it should be treated as decision-grade.
Missing: No semantic reference card is currently attached to that label. These are the cleanest candidates for direct gap-filling research.
Card: A reusable semantic reference unit for one budget label, code, program, fund, department, vendor class, or known gap. Cards carry interpretation guidance, evidence status, caveats, sources, and dollar exposure.
Explore the complete evidence
Choose a section to open its complete tables, accounting explanations, and source references.
Prototype search finds matching sections across all four periods. The existing warehouse research-lead search remains available in the current published report.