U.S. Government Standard General Ledger Board and Issues Resolution Committee Meeting Minutes
May 5, 2005
GENERAL ITEMS
Melinda Pope (FMS) opened the meeting by stating the IRC board meeting will be held on May 12, 2005. In addition, we will discuss crosswalk changes and the ballot process.
HANDOUTS
USSGL Crosswalks to the Standard External Reports:
USSGL Summary of Changes
Reclassified Statement of Changes in Net Position for the Closing Package, Fiscal 2005
Reclassified Statement of Net Cost for the Closing Package, Fiscal 2005
SF 133: Report on Budget Execution and Budgetary Resources, Fiscal 2006
Budget Program and Financing Schedule (P&F), Fiscal 2005
Fiscal 2005 Account Attributes Required for FACTS II
Proposed USSGL Accounts dated May 5, 2004
Keith Mertz (FMS) discussed by line item the various crosswalk changes to the Reclassified Statement of Net Cost for the Closing Package for fiscal 2005 reporting.
Karl Foltz (FMS) discussed the crosswalk changes to the Reclassified Statement of Changes in Net Position for the Closing Package for fiscal 2005 reporting. The only changes were revisions to lines 6.1 and 6.2 resulting from the deletion of reciprocal categories 04 and 07 for nonexchange revenue and nonexchange borrowings. Line 6.1 was replaced with RC 03, which was revised to include nonexchange revenue, and line 6.2 was replaced with RC 05, which was revised to include nonexchange borrowings.
Kathy Winchester (FMS) discussed the line item changes to the SF 133 Report on Budget Execution and Budgetary Resources for fiscal 2006 reporting.
Karen Metler (FMS) discussed the line item changes to the Budget Program and Financing (P&F) Schedule for fiscal 2005 reporting. Most of the changes are a result of the new 2005 USSGL accounts and 2005 title changes.
In addition, Karen proposed a new USSGL account 4320, "Adjustment for Changes in Prior-Year Allocations of Budgetary Resources." This account is needed to account for funds appropriated from Treasury managed trust funds residing at the Bureau of Public Debt (BPD). Funds are appropriated from the trust funds to Social Security (SSA) account 28-FY-8704 and Health and Human Services (HHS) account 75-FY-0511, which are referred to as performing accounts. Currently, the new account USSGL 4320 can only be used by SSA, HHS, and BPD. Other agencies that may need the account must seek OMB approval.
Also, Karen gave an overview of proposed changes to the definitions of the USSGL 3100 series accounts. The definitions are being modified to accommodate special and trust fund accounting for approximately 32 funds that receive appropriations from the General Fund of the Treasury via warrant form FMS 6200.
Teresa Tancre (OMB) announced that the OMB examiners are available to meet with the agency representatives to discuss any outstanding issues that the agencies may have. They prefer to meet as soon as possible before the busy budget season begins.
CLOSING REMARKS
Gwen Marshman (FMS) noted that the voting ballot is due on May 24, 2005.
ATTENDEES:
Judy Yuran, FMS
Melinda Pope, FMS
Kathy Winchester, FMS
Karen Metler, FMS
Gwen Marshman, FMS
Karl Foltz, FMS
Keith Mertz, FMS
Teresa Tancre, OMB
Thurman Solomon, FMS Agency Services
Quantwana Hobson, USDA
Janet Erbacher, GSA
Lisa Trunbull, GSA
Peter Vieira, State
Maryla Engelking, DOD
Martha Lampfer, DOD
Denise Robinson, FCC/SAC
Christine Kent, OPM
Grace Kim, Ed
Jennifer Fleming, Ed
Bill Joe, Ed
Patrice Cousins, NSF
Shashi Patel, NSF
Barbara Harbell, DOE
Marilyn Evans, DHS
Su-Fang Stevens, DOJ
Crystal Wilkerson, DOJ
Traci Carroll, HUD
Gregory Parker, HUD
Steven Hull, SSA
Leon Fleisher, NRC
Teresa Lampkin, DOT
Ruth Jones, DFAS
Shana Dowling, PTO
