Michele Crisman May 20, 2010

Topics Appropriation for the Redemption of Treasury Securities Prior-Year Unfilled Customer Orders With Advance – Refunds Paid 2

Use of Appropriation for the Redemption of Treasury Securities Issue: BPD uses USSGL account 4170 Transfers – Current Year Authority to record an exchange of assets - Cash for Treasury Securities USSGL account 4170 is for transfer of authority which requires a SF1151, Non-expenditure Transfer NETs do not represent payments 0r collections but instead simply adjust the amounts available in a TAS 3

Use of Appropriation for the Redemption of Treasury Securities Proposal: Create a new USSGL Account for FY 2011 Title: Offset to Appropriation Realized for Redemption of Treasury Securities Number: 4370 Definition: The offset to appropriations received for the redemption of Treasury securities 4

Use of Appropriation for the Redemption of Treasury Securities Impact on Statements SF133/P&F Line 1200: Budget Authority: Appropriations: Appropriation [mand.] USSGL accounts: 4370 Appropriation for the Redemption of Treasury Securities 4119 Other Appropriations Realized 4391 Adjustments to Indefinite Authority No-Year Authority 5

Use of Appropriation for the Redemption of Treasury Securities Impacts to Statements: SBR Line 3A Budget Authority: Appropriations USSGL 4370 will crosswalk to line 3A to offset USSGL accounts 4119 and 4391 on the SBR No other statements are impacted by this account. 6

Prior-Year Unfilled Customer Orders With Advance – Refunds Paid 7

Per OMB Circular A-11 (2009) “If you return a cash advance or other offsetting collection received in a prior fiscal year, you must record an obligation and outlay in the current fiscal year.” 8

Prior-Year Unfilled Customer Orders With Advance – Refunds Paid Current USSGL TFM: Transactions reduce the unfilled customer orders with advance and/or other offsetting collections related to status accounts and do not reflect obligations and outlays 9

Prior-Year Unfilled Customer Orders With Advance – Refunds Paid Proposal Create a new USSGL account that will allow the Unfilled Customer Orders With Advance (USSGL account 4222) account to be reduced by the amount being returned. The new USSGL account will keep a resource in the spending authority from offsetting collections so that an obligation and outlay can be made. 10

Prior-Year Unfilled Customer Orders With Advance – Refunds Paid Proposed New Account: Number: 4253 Title: Prior-Year Unfilled Customer Orders With Advance – Refunds Paid Normal Balance: Debit Definition: The total amount of prior-year reimbursable orders accepted with an advance and subsequently returned to the ordering entity as obligations and outlays. 11

Prior-Year Unfilled Customer Orders With Advance – Refunds Paid Beginning Trial Balance: Total Actual Res. – Collected40, Unfilled Customer Orders with Advance10, Unapportioned Authority50, Fund Balance With Treasury50, Liability for Advances and Prepayments10, Cumulative Results of Operations40,000

Prior-Year Unfilled Customer Orders With Advance – Refunds Paid Return remaining advance to the ordering fund and record an obligation and outlay. Also reduce the order but maintain a resource to support the obligation and outlay Allotments – Realized Resources10, Delivered Orders – Obligations, Paid10, Unfilled Customer Orders With Advance – Returned as Obligations and Outlays 10, Unfilled Customer Orders With Advance10, Liability for Advances and Prepayments10, Fund Balance With Treasury10,000

Prior-Year Unfilled Customer Orders With Advance – Refunds Paid Return remaining $5,000 of the collection to the ordering fund, and record an obligation and outlay. (Note: Current- Year collections are not reduced.) Allotments – Realized Resources5, Delivered orders – Obligations, paid5, Other Revenue5, Fund Balance With Treasury5,000

Use of Appropriation for the Redemption of Treasury Securities Impacts to Statements: USSGL account 4253 will offset 4222 Unfilled Customer Orders With Advance E-B on SF 133/P&F lines: 1700 Spending authority from offsetting collections; Collected 4030 Outlays, gross; Offsetting collections from Federal sources (disc.) 8800 Offsets; Federal sources No other statements are impacted by this account. 15

Questions 16