12 CFR § 607.11 - Report of assessments and expenses.

---
identifier: "/us/cfr/t12/s607.11"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 607.11 - Report of assessments and expenses."
title_number: 12
title_name: "Banks and Banking"
section_number: "607.11"
section_name: "Report of assessments and expenses."
chapter_name: "FARM CREDIT ADMINISTRATION"
subchapter_number: "A"
subchapter_name: "ADMINISTRATIVE PROVISIONS"
part_number: "607"
part_name: "ASSESSMENT AND APPORTIONMENT OF ADMINISTRATIVE EXPENSES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Secs. 5.15, 5.17 of the Farm Credit Act (12 U.S.C. 2250, 2252) and 12 U.S.C. 3025."
regulatory_source: "58 FR 10942, Feb. 23, 1993, unless otherwise noted."
cfr_part: "607"
---


# 607.11 Report of assessments and expenses.

By January 15 of each calendar year, the FCA shall provide each assessed System institution with a report of assessments and expenses for the preceding fiscal year showing total assessments and other income received as applied to expenses incurred by major budget category and amounts set aside for a necessary reserve.