CLAUDE.md

@@ -28,8 +28,23 @@ USCOGDATA_URL (local path or https://)
 - `R/session.R` — `cog_open()`, `cog_close()`, `.ensure_session()`, `.coerce_govid_input()`
 - `R/manifest.R` — `.fetch_or_cache_manifest()`, `.is_local_path()` (local paths bypass HTTP/cache)
 - `R/views.R` — `.register_views()` (substitutes `{url}` into SQL files at `inst/sql/`)
-- `inst/sql/` — 7 SQL view definitions: `long`, `spending_long`, `revenue_long`, `canonical_fips_xwalk`, `summary_categories`, `spending_annotated`, `revenue_annotated`
+- `inst/sql/` — **23** SQL view definitions (measured), numbered by load order
+  (`10-` through `46-`): the `*_long` layer (`long`, `spending_long`,
+  `revenue_long`, `ig_long`, `balance_long`, plus `_harmonized` variants of
+  `spending_long`/`revenue_long`/`ig_long`), the `*_annotated` layer
+  (`spending_annotated`, `revenue_annotated`, `ig_annotated`,
+  `balance_annotated`, plus `_harmonized` variants of `spending_annotated`/
+  `revenue_annotated`/`ig_annotated`), and metadata views
+  (`canonical_fips_xwalk`, `summary_categories`, `gov_population_yearly`,
+  `harmonization_map`, `harmonization_recipes`, `series_breaks_pq`,
+  `representation`, `code_set`)
 - `R/spending.R` / `R/revenue.R` — `cog_spending()` / `cog_revenue()` via shared `.verb_spendrev()`
+- `R/balances.R` — `cog_balances()`. A third money-adjacent verb, but returns a
+  **stock** (a balance at a point in time) rather than a **flow** (activity
+  over a fiscal year), so it does NOT route through `.verb_spendrev()` and has
+  no `expenditure_concept`/`revenue_concept`/`complete`/`subtype` arguments.
+  `R/balance_caveats.R` attaches `provenance$balance_caveats` (GAAP-vs-gross
+  disclosure + measured per-subtype coverage windows).
 - `R/rollup.R` — `cog_geographic_rollup()` (accepts named list of govids by layer)
 - `R/peers.R` — `cog_find_peers()` + `cog_peer_compare()`
 - `R/search.R` — `cog_gov_search()` (name pattern, state, type filters)
@@ -49,18 +64,19 @@ Any value without `://` is treated as a local path by `.is_local_path()` and rea
 
 **Version:** 0.1.0 (pre-release)  
 **Branch:** `main`, commit `d65e9fe`  
-**Tests:** 181 PASS / 0 FAIL / 0 SKIP  
+**Tests:** 763 PASS / 0 FAIL / 0 SKIP (measured `testthat::test_local()`, 2026-08-03)  
 **CI:** Gitea Actions green (`.gitea/workflows/ci.yml`)
 
 ### Completed (Tasks 2.1–2.7)
 
-All 8 exported verbs implemented and tested:
-`cog_spending`, `cog_revenue`, `cog_explain`, `cog_geographic_rollup`,
-`cog_find_peers`, `cog_peer_compare`, `cog_gov_search`, `cog_mirror`,
-plus `cog_categories`.
+All 10 exported verbs implemented and tested:
+`cog_spending`, `cog_revenue`, `cog_balances`, `cog_explain`,
+`cog_geographic_rollup`, `cog_find_peers`, `cog_peer_compare`,
+`cog_gov_search`, `cog_mirror`, plus `cog_categories`.
 
-Bundled fixture corpus at `inst/extdata/fixture_corpus/` (3.6 MB, years
-2019+2020, all 50 states). Tests run fully offline — no credentials needed.
+Bundled fixture corpus at `inst/extdata/fixture_corpus/` (years
+2011, 2012, 2019, 2020 — measured via DuckDB `read_parquet(hive_partitioning=1)`,
+2026-08-03; all 50 states). Tests run fully offline — no credentials needed.
 
 ### Remaining to v0.1 release
 
@@ -99,6 +115,10 @@ devtools::test()
 - All verbs call `.ensure_session()` first, then query via `DBI::dbGetQuery()`
 - Return value is always a `tbl_df` with a `provenance` attribute
 - govid inputs always go through `.coerce_govid_input()` (accepts character or data frame)
-- SQL lives in `inst/sql/` — never inline SQL strings in R files
+- SQL has two layers. **View definitions** live in `inst/sql/` and are
+  registered by `.register_views()`, which globs the directory in sorted order
+  and substitutes `{url}`. **Query construction** is inline `sprintf()` in R
+  (`.build_verb_sql()`, `.run_recipe()`, `.attach_per_capita()`). Add a view as
+  a numbered `.sql` file; build a query in R.
 - No arrow dependency — DuckDB reads parquet natively
 - `withr` is a Suggests-only dep; only used in tests

NEWS.md

@@ -1,5 +1,18 @@
 # uscogdata 0.1.0 (development)
 
+## New: `cog_balances()` for cash-and-security holdings
+
+* New `cog_balances()` exposes the 14 cash-and-security holding codes
+  (`category_type = "balance"`): fund balances, retirement system holdings and
+  insurance trust balances (#25). Holdings are a stock, not a flow, so the verb
+  has no `expenditure_concept` / `revenue_concept` / `complete` arguments, and
+  no `subtype` argument either -- for holdings, `category` is a strict
+  coarsening of `balance_subtype`, so `category = "Fund Balances"` is exactly
+  the `general` family (`W01`/`W31`/`W61`).
+* `cog_balances()` results carry `provenance$balance_caveats`, recording that
+  Census holdings are gross rather than GAAP fund balance, and the measured
+  coverage window of each subtype family.
+
 ## Multi-government aggregates now disclose their reporting coverage
 
 * The Census of Governments is a **complete census only in years ending in 2

R/balances.R

@@ -41,8 +41,19 @@
 #'   `"cash_securities_z77_wide"` and `"cash_securities_z78_wide"` bridge the
 #'   wide era to the modern one.
 #'
-#' @return A `tbl_df` with a `provenance` attribute. Amounts are full US
-#'   dollars.
+#' @return Tibble with columns `year`, `canonical_govid`, `gov_name`,
+#'   `balance_subtype`, `category`, `amt_nominal`, optional
+#'   `amt_per_capita_nominal` and `pop_source` (when `per_capita = TRUE`),
+#'   optional `amt_real` and `amt_per_capita_real` (when `adjust_to_year` is
+#'   set), `codes_included`, `aggregate_fallback`, `notes`. Amounts are full
+#'   US dollars.
+#'
+#'   Carries a `provenance` attribute matching
+#'   `inst/schemas/provenance-v1.json`, whose `balance_caveats` block reports
+#'   `not_gaap`, `not_gaap_note`, `coverage_window` (measured per-subtype year
+#'   extents) and `truncated` (subtypes whose coverage falls short of the
+#'   requested years). `expenditure_concept`/`revenue_concept` are `NA` --
+#'   holdings are a stock, not a flow, so neither concept vocabulary applies.
 #' @export
 cog_balances <- function(govid, years, category = NULL,
                          per_capita = FALSE, adjust_to_year = NULL,

_pkgdown.yml

@@ -3,6 +3,12 @@ template:
   bootstrap: 5
 
 reference:
+  - title: Financial data
+    desc: Spending, revenue and balance-sheet holdings for one or more governments.
+    contents:
+      - cog_spending
+      - cog_revenue
+      - cog_balances
   - title: Search & basket
     desc: Resolve place names into canonical govids.
     contents:

inst/schemas/provenance-v1.json

@@ -53,6 +53,16 @@
       "items": { "type": "string" },
       "description": "Ids of catalogued series breaks whose fin_code is the literal 'ALL' -- caveats about the corpus as a whole (dollar precision across 1976/1977, imputation exclusion from 2002, the dense -> sparse representation change at 2012, the government id scheme change at 2017) rather than about one item code. Selected on the break_year window alone, so they do not depend on which codes a result contains. Disjoint from series_break_refs by construction: an entry qualifies the whole result, not one series."
     },
+    "balance_caveats": {
+      "type": ["object", "null"],
+      "description": "Present only on cog_balances() results (null/absent for cog_spending()/cog_revenue()). `not_gaap` is always TRUE and `not_gaap_note` explains that Census holdings are gross -- no liabilities are netted -- so they are NOT comparable to a GAAP fund balance. `coverage_window` maps each observed balance_subtype to its measured [min year, max year] in the mounted corpus (never hardcoded). `truncated` lists the subtypes whose coverage_window does not fully span the requested years.",
+      "properties": {
+        "not_gaap": { "type": "boolean" },
+        "not_gaap_note": { "type": "string" },
+        "coverage_window": { "type": "object" },
+        "truncated": { "type": "array", "items": { "type": "string" } }
+      }
+    },
     "manifest":       { "type": "object" },
     "sql_query":      { "type": "string" }
   }

man/cog_balances.Rd

@@ -46,8 +46,19 @@ and raw space are identical for holdings. Reported in
 wide era to the modern one.}
 }
 \value{
-A `tbl_df` with a `provenance` attribute. Amounts are full US
-  dollars.
+Tibble with columns `year`, `canonical_govid`, `gov_name`,
+  `balance_subtype`, `category`, `amt_nominal`, optional
+  `amt_per_capita_nominal` and `pop_source` (when `per_capita = TRUE`),
+  optional `amt_real` and `amt_per_capita_real` (when `adjust_to_year` is
+  set), `codes_included`, `aggregate_fallback`, `notes`. Amounts are full
+  US dollars.
+
+  Carries a `provenance` attribute matching
+  `inst/schemas/provenance-v1.json`, whose `balance_caveats` block reports
+  `not_gaap`, `not_gaap_note`, `coverage_window` (measured per-subtype year
+  extents) and `truncated` (subtypes whose coverage falls short of the
+  requested years). `expenditure_concept`/`revenue_concept` are `NA` --
+  holdings are a stock, not a flow, so neither concept vocabulary applies.
 }
 \description{
 Returns Census cash-and-security holdings (`category_type = "balance"`):

tests/testthat/test-balances.R

@@ -359,6 +359,14 @@ test_that("a request past a family's coverage window is flagged", {
   })
 })
 
+test_that("the provenance schema documents balance_caveats", {
+  sch <- jsonlite::fromJSON(
+    system.file("schemas", "provenance-v1.json", package = "uscogdata"),
+    simplifyVector = FALSE
+  )
+  expect_true("balance_caveats" %in% names(sch$properties))
+})
+
 test_that("the caveat message fires once per session", {
   skip_if_no_corpus()
   with_fixture_corpus({