USSGL Board Meeting May 14, 2015. USSGL Account 579100 Adjustment to Financing Sources – Downward Reestimate or Negative Subsidy Kathy Wages

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USSGL Board Meeting May 14, 2015

USSGL Account Adjustment to Financing Sources – Downward Reestimate or Negative Subsidy Kathy Wages

L EAD ∙ T RANSFORM ∙ D ELIVER Page 3 USSGL account (account title and definition update) Effective Fiscal Year 2015 USSGL account

General Fund Impact to the USSGL Chart of Accounts Michele Crosco

L EAD ∙ T RANSFORM ∙ D ELIVER Page Appropriations Outstanding - Used General Fund’s offset to Unexpended Appropriations – Used Reciprocal Category 42 “Appropriations Used” Effective for Fiscal Year 2015 Appropriations – Used

Non-Budgetary Funds Held Outside of Treasury (FHOT) Impact to USSGL Chart of Accounts Jeff Taberner

L EAD ∙ T RANSFORM ∙ D ELIVER Page Funds Held by the Public – Non- Budgetary Funds Held by the Public – Budgetary (Account title change only) Effective for Fiscal Year 2016 Non-Budgetary FHOT USSGL Account

Accrued Interest Payable & Interest Receivable Michele Crosco

L EAD ∙ T RANSFORM ∙ D ELIVER Page 9 Resolve Intragovernmental Reporting Issues Effective for Fiscal Year 2016 Accrued Interest Payable & Interest Receivable Accrued Interest Payable Interest Receivable Accrued Interest Payable Not Otherwise Classified Interest Receivable – Not Otherwise Classified Accrued Interest Payable - Loans Interest Receivable - Loans Accrued Interest Payable - Debt Interest Receivable - Investments

Miscellaneous USSGL Account Updates Kent Linscott

L EAD ∙ T RANSFORM ∙ D ELIVER Page Capitalized Loan Interest Receivable- Non-Credit Reform (Definition update only) Capitalized Loan Interest Payable- Non-Credit Reform (Definition update only) Contra Bad Debt Expense-Incurred for Others (Definition update only) Miscellaneous USSGL Account Updates

L EAD ∙ T RANSFORM ∙ D ELIVER Page Distribution of Income – Dividend (Definition Update only) Effective for Fiscal Year 2016 Miscellaneous USSGL Account Updates

USSGL Fiscal Year 2016 Projects Valeria Spinner USSGLAD & BAAS Director

L EAD ∙ T RANSFORM ∙ D ELIVER Page 14 Credit Reform Case Studies General Fund Contingent & Unfunded Liabilities Deposit Funds Data Act USSGL to BETC Crosswalk USSGL Projects for Fiscal Year 2016