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Draft Voting Ballot April 23, 2019

U.S. STANDARD GENERAL LEDGER (USSGL)

VOTING BALLOT #19-01

The USSGL staff is presenting the Draft Voting Ballot #19-01 at the April 23, 2019, USSGL IRC meeting. Please 

indicate the agency’s vote by marking “Yes” or “No” on the voting ballot for each proposal to revise the USSGL 

account. Provide a detailed justification for all “No” votes. USSGL Board Members will vote using Survey Monkey, or 

Fax their ballot to 304-480-5176. The Survey Monkey link will be provided to the voting USSGL IRC board members. 

Fiscal Service must receive the agency’s votes by EST. 12:00 PM May 23, 2019.

FISCAL YEAR 2019

ADD: CHANGE:

299100 Pg. 2 Yes ____ No ____ 

673000 Pg. 2 Yes ____ No ____

 

DELETE: NON-TECHNICAL CHANGE (DOES NOT REQUIRE A VOTE):

None None

FISCAL YEAR 2020

ADD: CHANGE: 

320800 Pg. 3 Yes _____ No _____ 413100 Pg. 4 Yes _____ No _____ 

413120 Pg. 3 Yes _____ No _____ 414100 Pg. 4 Yes _____ No _____ 

414120 Pg. 3 Yes _____ No _____ 414300 Pg. 4 Yes _____ No _____ 

570810 Pg. 3 Yes _____ No _____ 599700 Pg. 4 Yes _____ No _____ 

DELETE: NON-TECHNICAL CHANGE (DOES NOT REQUIRE A VOTE):

403200 Pg. 5 Yes ____ No ____ None

404200 Pg. 5 Yes ____ No ____

Name: ______________________________________________

Agency: _____________________________________________

Date: _____________________________
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Draft Voting Ballot April 23, 2019

PROPOSED CHANGES TO USSGL ACCOUNTS FOR FISCAL 2019

Account Title: Other Liabilities - Reductions 

Account Number: 299100 

Normal Balance: Credit 

Definition: Other liabilities of reductions where there is not a related budgetary obligation. Use while 

awaiting a warrant to be issued for a reduction (i.e., rescission, across-the-board reduction, and 

sequestration). May also be used while awaiting a warrant to be issued for a reduction of unobligated 

balances of indefinite appropriations derived from the General Fund of the U.S. Government. The 

warrant must be issued by yearend. This account does not close at yearend.

Account Title: Imputed Costs

Account Number: 673000 

Normal Balance: Debit 

Definition: The Office of Management and Budget (OMB) limits recognition of imputed costs to 

specific categories identified in OMB Circular No. A-136, "Financial Reporting Requirements," as 

amended. The amount of costs incurred by a Federal entity for goods and services provided and paid for 

in total, or in part, by other Federal entities. Business-type activities, all personnel benefits, and all 

Treasury Judgement Fund settlements are required to be reported. Agencies may elect to recognize 

imputed costs for other types of inter-entity costs. The balance in this account must equal the balance in 

USSGL account 578000, "Imputed Financing Sources."

Justification: This account definition needs updated to reflect new guidance from SFFAS No. 55, 

Amending Inter-entity Cost Provisions, which became effective for FY19 reporting.
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Draft Voting Ballot April 23, 2019

PROPOSED NEW USSGL ACCOUNTS FOR FISCAL 2020

Account Title: Appropriations Outstanding – Prior Period Adjustments due to Corrections of 

 Errors 

Account Number: 320800

Normal Balance: Credit 

Definition: The amount of net increase or decrease to unexpended appropriations due to an 

Agency’s error(s) in prior-period financial statements that resulted from mathematical mistakes, 

mistakes in the application of accounting principles, or oversight or misuse of facts that existed at 

the time the financial statements were prepared. Although the normal balance for this account is 

debit, it is acceptable in certain instances for this account to have a credit balance. 

Justification: Provide USSGL account for use by the General Fund of the U.S. Government to 

report reciprocating activity resulting from prior period adjustments.

Account Title: Current-Year Definite Contract Authority 

Account Number: 413120

Normal Balance: Debit 

Definition: The amount of new definite contract authority to incur obligations in advance of a 

separate appropriation of liquidating cash or collections.

Justification: Separate current-year definite contract authority from current-year indefinite contract 

authority.

Account Title: Current-Year Definite Borrowing Authority 

Account Number: 414120

Normal Balance: Debit 

Definition: The amount of new definite borrowing authority available to obligate. Once obligated, 

the amount is available to be exercised and converted to cash based on monies borrowed from the 

Bureau of the Fiscal Service or Federal Financing Bank in order to liquidate unpaid obligations. In 

limited situations, there may be legal authority to substitute spending authority from offsetting 

collections for the borrowing authority. 

Account Title: Appropriations – Expended- Prior-Period Adjustments Due to Corrections of 

 Errors 

Account Number: 570810 

Normal Balance: Debit 

Definition: The amount of net increase or decrease to expended appropriations due to Agency’s 

errors in prior-period financial statements that resulted from mathematical mistakes, mistakes in the 

application of accounting principles, or oversight or misuse of facts that existed at the time the 

financial statements were prepared. Although the normal balance for this account is debit, it is 

acceptable in certain instances for this account to have a credit balance. 

Justification: Provide USSGL account for use by the General Fund of the U.S. Government to 

report reciprocating activity resulting from prior period adjustments.
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Draft Voting Ballot April 23, 2019

PROPOSED CHANGES TO USSGL ACCOUNT FOR FISCAL 2020

Account Title: Current-Year Indefinite Contract Authority Realized

Account Number: 413100 

Normal Balance: Debit 

Definition: The amount of new indefinite contract authority to incur obligations in advance of a 

separate appropriation of liquidating cash or collections.

Justification: Separate current-year indefinite contract authority from current-year definite contract 

authority.

Account Title: Current-Year Indefinite Borrowing Authority Realized 

Account Number: 414100 

Normal Balance: Debit 

Definition: The authorized amount of new indefinite borrowing authority available to obligate. 

Once obligated, the amount is available to be exercised and converted to cash based on to expend

monies borrowed from the Bureau of the Fiscal Service or Federal Financing Bank in order to 

liquidate unpaid obligations. other investors. Report authority borrowed for such obligations even 

though the Federal agency ultimately will use subsequent appropriations or offsetting collections to 

liquidate the obligations. In limited situations, there may be legal authority to substitute spending 

authority from offsetting collections for the borrowing authority.

Justification: Separate current-year indefinite borrowing authority from current-year definite 

borrowing authority.

Account Title: Current-Year Decreases to Indefinite Borrowing Authority Realized

Account Number: 414300 

Normal Balance: Credit 

Definition: The amount necessary needed to reconcile current-year indefinite borrowing authority 

realized to the amount of obligations incurred for a Treasury Appropriation Fund Symbol as of 

year-end. that are funded with indefinite borrowing authority. 

Justification: Make the language clearer.

Account Title: Financing Sources Transferred In From Custodial Statement Collections

Account Number: 599700

Normal Balance: Credit

Definition: The amount of financing sources transferred into a Treasury Account Symbol (TAS)

receipt account from collections previously recorded on the Statement of Custodial 

Activity by a custodial collecting entity. Unless specifically identified by the Bureau of 

the Fiscal Service in conjunction with OMB, this transfer creates a budgetary resource 

in the receiving TAS.

Justification: To clarify the use of the account by a general, special or non-revolving trust fund 

receipt account only.
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Draft Voting Ballot April 23, 2019

PROPOSED DELETION OF CURRENT USSGL ACCOUNTS 2020

Account Title: Estimated Indefinite Contract Authority 

Account Number: 403200 

Normal Balance: Debit 

Definition: The estimated amount of indefinite contract authority during the fiscal year that permits 

a Federal agency to incur obligations in advance of liquidating authority.

Justification: There is no need to have an estimate for Indefinite Contract Authority.

Account Title: Estimated Indefinite Borrowing Authority 

Account Number: 404200 

Normal Balance: Debit 

Definition: The amount of estimated indefinite borrowing authority required to finance estimated 

obligations during the current year. The balance in this account will be adjusted to zero at yearend.

Justification: There is no need to have an estimate for Indefinite Borrowing Authority.