CFOsOMB A136FormAndContent SOF/SOFMeeting 2007 02 20

MEETING #2 February 20, 2007: 1:00–3:00p.m. Metropolitan Square,Rm 6276    (3HA9)

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1 Administrative Items:    (3H9A)

• Call in Information:    (3HA1)
  • Dial-in Number: 202-927-2255,    (3H9B)
  • Pin code: 505406 Reference: 309045    (3H9C)
  • Toll Free callers 1-866-341-2255 and then the code    (3HBP)

• Future Meetings:    (3HA2)
  • SOFMeeting_2007_03_08 1:30-3:00    (3HBJ)
  • A136Meeting_2007_03_14    (3HBK)
  • SOFMeeting_2007_03_20 10:30-12:00    (3HBL)
  • A136Meeting_2007_04_11    (3HBM)
  • A136Meeting_2007_04_25    (3HBN)
  • Final_Draft_2007_06_09    (3HBO)

• SOF Collaborative Website (WIKI) or    (3HBD)

• Attendance at Meeting:    (3HAC)
  • SOF-Committee Members    (3HBR)
  • Members Attending the Meeting:    (3HAD)
    • Christine Hickman, DFAS    (3HAE)
    • Leon Fleischer, SBA    (3HAI)
    • Margo Sheridan, DOT    (3HAJ)
    • Juanita Ruf, IRS    (3HAL)
    • Don Geiger, Treasury/DO    (3HAM)
    • Alice Rice, DOD    (3HAN)
    • Ed Gramp, GSA    (3HAO)
    • Paul Weinberger, HHS    (3HAP)
    • Kevin Close, USDA    (3HAS)
    • Chris Miskovich, USGS    (3HAU)
    • Julie Ehrlichman , DOI-FWS    (3HAW)
    • Barbara J. Clark, SBA    (3HAX)
    • Martha Cooper , DFAS    (3HAZ)
    • Jennifer Fleming, ED    (3HB1)
    • Judy Twitty, SSA    (3HB2)
    • Richard Fontenrose, FASAB    (3HB3)
  • Member unable to Attend:    (3HAH)
    • Louis Malfait , IRS    (3HBW)
    • Karin Dasuki , NSF    (3HBX)
    • Janice Alexander , NSF    (3HBY)
    • Melinda Pope, FMS    (3HBZ)
    • Diane Washington, DOI    (3HC0)
    • Carol Smith, IRS    (3HC1)
    • Doug Glenn, GSA    (3HC2)
    • Greg James, FEMA    (3HC3)
    • Cindy George, OMB    (3HC4)
    • "DJ" Akinnagbe, DOC    (3HC5)
    • Eric Carter, DOC    (3HC6)

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2 Discussed at the meeting:    (3H8S)

2.1) Discussion of Agency Reports on Using FY07 v01 of the template:    (3HC7)

• Internal Revenue Service (Juanita Ruf & Louis Malfait)    (3HC8)
• Social Security Administration (Judy Twitty)    (3HC9)
• Small Business Adminstration (Barb Clark)    (3HCA)
• Health & Human Services (Paul Weinberger)    (3HCB)
• Department of Agriculture (Kevin Close)    (3HCC)
• Department of Commerce (Bruce Henshel)    (3HCD)

2.2) Discussion of the need to establish the basic format of the template:    (3HCE)

• v01 Format = includes 2 reconiliations    (3HCH)
  • A reconciliation of Total Financing Sources to Total Budgetary Resources    (3HCI)
    • Total Financing from SCNP    (3HCV)
    • adjust for items not on SCNP    (3HCW)
    • adjust for items not on SBR    (3HCX)
    • Total Busgetary Resources on SBR    (3HCY)
  • A reconciliation of Budgetary Obligations to Net Cost    (3HCJ)
    • Obligations Incurred from SBR    (3HCZ)
    • adjust for items not on SBR    (3HD0)
    • adjust for items not on SNC    (3HD1)
    • Net Cost on SNC    (3HD2)

• Current A136 Format = SFFAS 7    (3HCK)
  • Resources Used to Finance Activites    (3HCL)
    • Budgetary    (3HCM)
    • Other    (3HCN)
  • Resources Used to Finance Items not part of Net Cost    (3HCO)
    • Items not reported in the budget    (3HCP)
    • Recoversies and offsetting collections    (3HCQ)
  • Components of Net Cost not generating or using Resources    (3HCR)
    • those for future periods    (3HCS)
    • not requiring resources    (3HCT)
  • Net Cost    (3HCU)

• Other Suggested Formats -- GSA (Ed Gramp)    (3HD5)
  • Resources to Resources    (3HD6)
  • Uses to Uses    (3HD7)

2.3) Other Ideas and Items:    (3H9J)

• Clarification of Line 80 SFFAS7    (3HD8)
• Display of SOF    (3HD9)
  • As a Statement    (3HDA)
  • As a Footnote    (3HDB)
  • As a Supplemental Schedule    (3HDC)
• Issues causing prepration by fund type category and Trust Funds    (3HDD)
  • need to identify what the issues are by appropriation    (3HDE)
  • need to identify what the issues are by fund type    (3HDF)

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3 Review Template from FY06 Sub-Group    (3H9H)

SOF Workgroup Template Draft FY07 v01 (01-30-2007)    (3HA8)

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4 References:    (3HA5)

-OMB Circular A-136    (3H9K)

-OMB Circular A-136 SOF Section    (3H9L)

-FMS Crosswalk to SOF (FY07 Reporting    (3H9M)

-Implementation Guide to Statement of Financing in Statement of Federal Financial Accounting Standards 7, Accounting for Revenue and Other Financing Sources: Detailed Information on the Statement of Financing    (3H9N)

-SOF Quick Reference Guide (Kevin Close – USDA)    (3H9O)

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return to--SOF Collaborative Website (WIKI)    (3HBH)