U.S. GOVERNMENT STANDARD GENERAL LEDGER (USSGL)

**VOTING BALLOT #07-01**

**Please indicate the agency's vote by marking "yes" or "no" to the
proposals revising the USSGL presented at the April 26, 2007, USSGL
Board meeting. Provide a detailed justification for all "no" votes.
Return only page 1 of this package and any attachments containing
comments or justifications for negative votes.**

**[ADD]{.underline}: [DELETE]{.underline}:**

1351 Pg.2 Yes\_\_\_\_ No\_\_\_\_ None

2511 Pg.2 Yes\_\_\_\_ No\_\_\_\_

2985 Pg.2 Yes\_\_\_\_ No\_\_\_\_

4290 Pg.2 Yes\_\_\_\_ No\_\_\_\_

4351 Pg.3 Yes\_\_\_\_ No\_\_\_\_

5773 Pg.3 Yes\_\_\_\_ No\_\_\_\_

5774 Pg.3 Yes\_\_\_\_ No\_\_\_\_

5775 Pg.3 Yes\_\_\_\_ No\_\_\_\_

5776 Pg.4 Yes\_\_\_\_ No\_\_\_\_

5791 Pg.4 Yes\_\_\_\_ No\_\_\_\_

5795 Pg.4 Yes\_\_\_\_ No\_\_\_\_

5993 Pg.4 Yes\_\_\_\_ No\_\_\_\_

5994 Pg.5 Yes\_\_\_\_ No\_\_\_\_

**[CHANGE]{.underline}:**

2980 Pg.5 Yes\_\_\_\_ No\_\_\_\_

4350 Pg.5 Yes\_\_\_\_ No\_\_\_\_

4510 Pg.6 Yes\_\_\_\_ No\_\_\_\_

4610 Pg.6 Yes\_\_\_\_ No\_\_\_\_

5990 Pg.6 Yes\_\_\_\_ No\_\_\_\_

5991 Pg.7 Yes\_\_\_\_ No\_\_\_\_

7112 Pg.7 Yes\_\_\_\_ No\_\_\_\_

7212 Pg.7 Yes\_\_\_\_ No\_\_\_\_

8101 Pg.8 Yes\_\_\_\_ No\_\_\_\_

8102 Pg.8 Yes\_\_\_\_ No\_\_\_\_

Name:
\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

Agency:
\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

Date: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

FMS must receive agency votes by close of business May 11, 2007. Please
send page 1 and any attachments to fax number 202-874-7232.

**[PROPOSED USSGL ACCOUNTS]{.underline}:**

The following accounts will be effective for 2008 reporting.

**Account Title**: Capitalized Loan Interest Receivable -- Non-Credit
Reform

**Account Number**: 1351

**Normal Balance**: Debit

**Definition**: The amount of accrued non-credit reform loan interest
charges due from others that have been capitalized. The debtor is
charged interest on the capitalized loan interest until such time that
it is paid.

**Account Title**: Capitalized Loan Interest Payable -- Non-Credit
Reform

**Account Number**: 2511

**Normal Balance**: Credit

**Definition**: The amount of accrued non-credit reform loan interest
charges owed to others that have been capitalized. Agencies are charged
interest on the capitalized loan interest until such time that it is
paid.

**Account Title**: Liability to the General Fund

**Account Number**: 2985

**Normal Balance**: Credit

**Definition**: The amount of non-entity assets held in a general fund
receipt account for transfer to the General Fund. For amounts collected
or to be collected on behalf of the General Fund of the Treasury, use
FACTS I attribute domain values Federal "F" and transaction partner
"99." This account is on the USSGL crosswalk for the OMB Balance Sheet,
but is not included on the USSGL crosswalk for the OMB Statement of
Custodial Activity or the custodial footnote.

**Account Title**: Amortization and Market Adjustment -- Investments in
Zero Coupon Bonds

**Account Number**: 4290

**Normal Balance**: Debit

**Definition**: The amount of amortized discount, unrealized gains and
losses (for market adjustments), and realized gains and losses in
Treasury Appropriations Fund Symbols that invest offsetting collections
in Zero Coupon Bonds.

**[PROPOSED USSGL ACCOUNTS]{.underline}:**

**Account Title**: Partial or Early Cancellation of Authority With a
Treasury Warrant

**Account Number**: 4351

**Normal Balance**: Credit

**Definition**: The amount of annual, multi-year, or no-year
appropriation authority that is canceled early by administrative action
in a definite account or early cancellation of the entire appropriation.

This will be accomplished with a U.S. Treasury warrant.

NOTE: The following USSGL account will be available for early
implementation for 2007 reporting.

**Account Title**: Custodial Collections Transferred-In From a General
Fund Receipt Account

**Account Number**: 5773

**Normal Balance**: Credit

**Definition**: The amount of custodial collections transferred-in to a
special fund receipt account that are recorded as a Statement of
Transactions (i.e., SF224) receipts transfer from a general fund receipt
account. The amount of the transfer represents an increase to financing
sources in the special fund receipt account.

NOTE: The following USSGL account will be available for early
implementation for 2007 reporting.

**Account Title**: Custodial Collections Transferred-Out To a Special
Fund Receipt Account

**Account Number**: 5774

**Normal Balance**: Debit

**Definition**: The amount of custodial collections recorded in USSGL
account 5990, "Collections for Others" in a general fund receipt account
that are recorded on the Statement of Transactions (i.e., SF224) as a
receipts transfer-out to a special fund receipt account. The amount of
the transfer distribution of collections in the general fund receipt
account.

**Account Title**: Non Budgetary Financing Sources Transfers-In

**Account Number**: 5775

**Normal Balance**: Credit

**Definition**: The amount of financing sources transferred or to be
transferred in to a general fund receipt account or clearing account.
This has no budgetary impact. This account is on the USSGL crosswalk for
the OMB Statement of Changes in Net Position, but is not included on the
USSGL crosswalk for the OMB Statement of Custodial Activity or the
custodial footnote.

**[PROPOSED USSGL ACCOUNTS]{.underline}:**

**Account Title**: Non Budgetary Financing Sources Transferred-Out

**Account Number**: 5776

**Normal Balance**: Credit

**Definition**: The amount of financing sources transferred or to be
transferred out to a general fund receipt account or clearing account.
This has no budgetary impact. This account is on the USSGL crosswalk for
the OMB Statement of Changes in Net Position, but is not included on the
USSGL crosswalk for the OMB Statement of Custodial Activity or the
custodial footnote.

**Account Title**: Adjustment to Financing Sources -- Reestimate

**Account Number**: 5791

**Normal Balance:** Credit

**Definition**: The amount of adjustment to financing sources for a
downward reestimate of subsidy expense. Record as a credit in the credit
reform financing account to adjust the loan guarantee liability and as a
debit for an equal amount in the credit reform program account to offset
the adjustment to subsidy expense. The original subsidy expense is
recorded in the program fund therefore, both the program and financing
funds are adjusted to reflect the downward reestimate of subsidy.

**Account Title**: Seigniorage

**Account Number**: 5795

**Normal Balance**: Credit

**Definition**: The amount representing the face value of newly minted
coins less the cost of production, which includes the cost of metal,
manufacturing, and transportation. It results from the sovereign power
of the Government to directly create money and although it is not an
inflow of resources from the public, it does increase the Government's
net position in the same manner as an inflow of resources. It is not
demanded, earned, or donated, therefore it is recognized as an other
financing source rather than revenue. An example is coins delivered to a
Federal Reserve Bank in return for deposits. The account is used only by
the United States Mint.

**Account Title**: Offset to Non-entity Collections -- Non Custodial
Statement

**Account Number**: 5993

**Normal Balance:** Debit

**Definition**: The offset to amounts collected for another entity. For
amounts collected or to be collected on behalf of the General Fund of
the Treasury, use FACTS I attribute domain values: Federal "F" and
transaction partner "99." For all other amounts, use the appropriate
attribute domain value. This USSGL account is included on the USSGL
crosswalk for the OMB Statement of Changes in Net Position, but is not
included on the USSGL crosswalk for the OMB Statement of Custodial
Activity.

**[PROPOSED USSGL ACCOUNTS]{.underline}:**

**Account Title**: Offset to Non-entity Accrued Collections -- Non
Custodial Statement

**Account Number**: 5994

**Normal Balance:** Debit

**Definition**: The offset to amounts to be collected for another
entity. For amounts collected or to be collected on behalf of the
General Fund of the Treasury, use FACTS I attribute domain values
Federal "F" and transaction partner "99." For all other amounts, use the
appropriate attribute domain value. This USSGL account is included on
the USSGL crosswalk for the OMB Statement of Changes in Net Position,
but is not included on the USSGL crosswalk for the OMB Statement of
Custodial Activity or the custodial footnote.

**[PROPOSED CHANGES TO USSGL ACCOUNTS]{.underline}:**

The changes to the following accounts will be effective for 2008
reporting.

**Account Title**: Custodial Liability

**Account Number**: 2980

**Normal Balance**: Credit

**Definition**: The amount of custodial revenue **[(as defined by FASAB
SFFAS, No. 7, paragraphs 45 and 49)]{.underline}** yet to be transferred
to another entity. **[For amounts collected or to be collected on behalf
of the General Fund of the Treasury use FACTS I attribute domain values
Federal "F" and transaction partner "99." For all other amounts, use the
appropriate attribute domain value. This USSGL account is included on
the USSGL crosswalk for OMB Statement of Custodial Activity or custodial
footnote.]{.underline}**

***Justification: To make the definition more specific so that the
preparer will know that this account is used only for activity related
to the OMB Statement of Custodial Activity or to the custodial
footnote.***

**Account Title**: Canceled Authority

**Account Number**: 4350

**Normal Balance**: Credit

**Definition**: The amount of appropriation authority that is canceled 5
years after the expiration of an annual or a multi-year appropriation
~~; or the amount of annual, multi-year, or no-year appropriation
authority that is canceled early by administrative action~~. **[This is
part of the year-end process and is not a warrant.]{.underline}**

***Justification: To separate appropriation authority that is canceled 5
years after the expiration of an annual or multi-year appropriation from
appropriation authority canceled early.***

**[PROPOSED CHANGES TO USSGL ACCOUNTS]{.underline}:**

# 

**Account Title**: Apportionments

**Account Number**: 4510

**Normal Balance**: Credit

**Definition**: The amounts apportioned by OMB ~~as category A and B
apportionments that are available for allotment~~. Use to account for
categories and availability in current or subsequent periods.

***Justification: The current definition does not address Category C
apportionments that are available for subsequent periods. Rather than
add wording to include Category C, it was preferred to delete the
reference to individual categories.***

**Account Title**: Allotments - Realized Resources

**Account Number**: 4610

**Normal Balance**: Credit

**Definition**: The current period amount ~~of category A and B funds~~
available for obligation or commitment. Allowances or suballotments may
be established at an agency level.

***Justification: The current definition does not address Category C
apportionments that are available for subsequent periods. Rather than
add wording to include Category C, it was preferred to delete the
reference to individual categories.***

**Current Account Title**: Collections for Others

**Proposed Account Title: Collections for Others -- Statement of
Custodial Activity**

**Account Number**: 5990

**Normal Balance**: Debit

**Definition**: ~~Amounts~~ **[Custodial revenue]{.underline}**
collected by a reporting entity ~~on behalf of~~ **[for]{.underline}**
another entity. For amounts collected on behalf of the General Fund of
the Treasury, use FACTS I attribute domain values Federal "F" and
transaction partner "99." For all other amounts, use the appropriate
FACTS I attribute domain values. **[This USSGL account is included on
the USSGL crosswalk for OMB Statement of Custodial Activity or to the
custodial footnote.]{.underline}**

***Justification: To make the definition more specific so that the
preparer will know that this account is used only for activity related
to preparing the Statement of Custodial Activity or to the custodial
footnote.***

**[PROPOSED CHANGES TO USSGL ACCOUNTS]{.underline}:**

**Current Account Title**: Accrued Collections for Others

**Proposed Account Title: Accrued Collections for Others -- Statement of
Custodial Activity**

**Account Number**: 5991

**Normal Balance**: Debit

**Definition**: ~~Amounts~~ **[Custodial revenue]{.underline}** to be
collected by a reporting entity ~~on behalf of~~ **[for]{.underline}**
another entity. For amounts to be collected on behalf of the General
Fund of the Treasury, use FACTS I attribute domain values Federal "F"
and transaction partner "99." For all other amounts, use the appropriate
FACTS I attribute domain values. **[This USSGL account is included on
the USSGL crosswalk for OMB Statement of Custodial Activity or to the
custodial footnote.]{.underline}**

***Justification: To make the definition more specific so that the
preparer will know that this account is used only for activity related
to preparing the Statement of Custodial Activity or to the custodial
footnote.***

**Account Title**: Gains on Disposition of Borrowings

**Account Number**: 7112

**Normal Balance**: Credit

**Definition**: The **[amount of]{.underline}** gain ~~in the Federal
Financing Bank~~ on early repayment of outstanding borrowings ~~from the
agencies~~.

***Justification: To make the definition not exclusive to FFB.***

**Account Title**: Losses on Disposition of Borrowings

**Account Number**: 7212

**Normal Balance**: Debit

**Definition**: The **[amount of]{.underline}** loss ~~to the Federal
Financing Bank~~ on the early repayment of outstanding borrowings ~~from
the agencies~~.

***Justification: To make the definition not exclusive to FFB.***

**[PROPOSED CHANGES TO USSGL ACCOUNTS]{.underline}:**

**Current Account Title**: Partial Authority Cancellation

**Proposed Account Title: Partial or Early Cancellation of Authority**

**Account Number**: 8101

**Normal Balance**: Credit

**Definition**: The amount of authority canceled and recorded in USSGL
account ~~4350 "Canceled Authority,"~~ **[4351 "Partial or Early
Cancellation of Appropriation With a Warrant."]{.underline}** ~~that
only represents partial cancellations.~~ This account will be maintained
as a tracking mechanism for the Antideficiency Act. Antideficiency Act
provisions continue to apply to canceled TAFS and also to partially
canceled authority in TAFS that are otherwise still valid, such as
partial cancellation of authority in a no-year TAFS. The balance in
USSGL account ~~4350, "Canceled Authority"~~ **[4351 "Partial or Early
Cancellation of Appropriation With a Warrant"]{.underline}** is
reclassified into this account in a closing entry.

***Justification: To reflect USSGL account 4351, "Partial or Early
Cancellation of Appropiration With a Warrant."***

**Account Title**: Offset for Partial Authority Cancellation

**Proposed Account Title: Offset for Partial or Early Cancellation of
Authority**

**Account Number**: 8102

**Normal Balance**: Debit

**Definition**: To offset activity recorded in USSGL account 8101,
"Partial **[or Early]{.underline}** ~~Authority~~ Cancellation **[of
Authority]{.underline}**," ~~that represents partial cancellations
only~~. This account will be maintained as a tracking mechanism for the
Antideficiency Act. Antideficiency Act provisions continue to apply to
canceled TAFS and also to partially canceled authority in TAFS that are
otherwise still valid, such as partial cancellation of authority in a
no-year TAFS.

***Justification: To reflect the title change to USSGL account 8101,
"Partial or Early Cancellation of Authority."***