Board Meeting and Fund Updates in USSGL Accounts
"Explore updates from the USSGL Board Meeting on May 14, 2015, including adjustments to funding sources, impact on General Fund, appropriations usage, and non-budgetary funds. Learn about accrued interest and reporting changes for Fiscal Years 2015 and 2016."
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Presentation Transcript
USSGL Board Meeting May 14, 2015
USSGL Account 579100 Adjustment to Financing Sources Downward Reestimate or Negative Subsidy Kathy Wages kathy.wages@fiscal.treasury.gov
USSGL account 579100 USSGL account 579100 (account title and definition update) Effective Fiscal Year 2015 Page 3 L E A D T R A N S F O R M D E L I V E R
General Fund Impact to the USSGL Chart of Accounts Michele Crosco michele.crosco@fiscal.treasury.gov
Appropriations Used 320700 Appropriations Outstanding - Used General Fund s offset to 310700 Unexpended Appropriations Used Reciprocal Category 42 Appropriations Used Effective for Fiscal Year 2015 Page 5 L E A D T R A N S F O R M D E L I V E R
Non-Budgetary Funds Held Outside of Treasury (FHOT) Impact to USSGL Chart of Accounts Jeff Taberner jeff.taberner@fiscal.treasury.gov
Non-Budgetary FHOT USSGL Account 113500 Funds Held by the Public Non- Budgetary 113000 Funds Held by the Public Budgetary (Account title change only) Effective for Fiscal Year 2016 Page 7 L E A D T R A N S F O R M D E L I V E R
Accrued Interest Payable & Interest Receivable Michele Crosco michele.crosco@fiscal.treasury.gov
Accrued Interest Payable & Interest Receivable Accrued Interest Payable Interest Receivable 214000 Accrued Interest Payable Not Otherwise Classified 134000 Interest Receivable Not Otherwise Classified 214100 Accrued Interest Payable - Loans 134100 Interest Receivable - Loans 214200 Accrued Interest Payable - Debt 134200 Interest Receivable - Investments Resolve Intragovernmental Reporting Issues Effective for Fiscal Year 2016 Page 9 L E A D T R A N S F O R M D E L I V E R
Miscellaneous USSGL Account Updates Kent Linscott kent.linscott@fiscal.treasury.gov
Miscellaneous USSGL Account Updates 135100 Capitalized Loan Interest Receivable- Non-Credit Reform (Definition update only) 251100 Capitalized Loan Interest Payable- Non-Credit Reform (Definition update only) 619000 Contra Bad Debt Expense-Incurred for Others (Definition update only) Page 11 L E A D T R A N S F O R M D E L I V E R
Miscellaneous USSGL Account Updates 750000 Distribution of Income Dividend (Definition Update only) Effective for Fiscal Year 2016 Page 12 L E A D T R A N S F O R M D E L I V E R
USSGL Fiscal Year 2016 Projects Valeria Spinner USSGLAD & BAAS Director valeria.spinner@fiscal.treasury.gov
USSGL Projects for Fiscal Year 2016 Credit Reform Case Studies General Fund Contingent & Unfunded Liabilities Deposit Funds Data Act USSGL to BETC Crosswalk Page 14 L E A D T R A N S F O R M D E L I V E R
