**USSGL Board Proposal**

**May 22, 2003**

**Accounting for Social Security Administration**

**Limitation on Administrative Expenses (LAE) Trust Fund**

### Proposed New USSGL Account (Effective Fiscal 2004, Available for Early Implementation Fiscal 2003)

**Account Title**:Transfer of Expired Expenditure Transfers Receivable

**Account Number**:4199

**Normal Balance**:Either

**Definition**:  The amount of transfers during the fiscal year of unobligated expenditure transfers receivable from an expired TAFS to an unexpired TAFS.  This transaction is not accomplished via SF 1151: Nonexpenditure Transfer Authorization.  Use only with OMB approval.  FACTS II normal balance assigned to this account is “debit.”

**Justification**:  A new USSGL account is needed to facilitate the transfer of expenditure transfers receivable and the associated unobligated balances from an expired TAFS to an unexpired no-year TAFS.  Current USSGL accounts do not accommodate the OMB requirement that this movement be reported on SF 133 line 2B.  Additionally, a new line on the P&F will be created by OMB for this transfer.  This transfer is not accomplished via SF 1151: Nonexpenditure Transfer Authorization.  There is no movement of Fund Balance With Treasury.  This transfer is permitted by law.

#### Impact on USSGL Crosswalks

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# The following scenario was developed to address specific accounting measures needed for the Social Security Administration’s Limitation on Administrative Expenses (LAE) trust fund, and other various TAFS involved.  The specific TAFS involved are denoted throughout the scenario.  At this time, this guidance is not applicable to other agencies with limitations on administrative expense trust funds.

# YEAR 1 (Unexpired)

YEAR 1 (Unexpired)

YEAR 1 (Unexpired)

YEAR 1 (Unexpired)

YEAR 1 (Unexpired)

YEAR 1 (Unexpired)

YEAR 1 (Unexpired)

YEAR 1 (Unexpired)

YEAR 1 (Unexpired)OMB Form and Content Statements

**YEAR 1 (Unexpired)OMB Form and Content Statements (continued)**

# YEAR 2 (Expiring)

YEAR 2 (Expiring)

YEAR 2 (Expiring)

YEAR 2 (Expiring)

YEAR 2 (Expiring)

YEAR 2 (Expiring)

YEAR 2 (Expiring)

YEAR 2 (Expiring)

**YEAR 2 (Expiring)OMB Form and Content Statements**

**YEAR 2 (Expiring)OMB Form and Content Statements (continued)**

# YEAR 3

# Year 3 is included in this scenario to illustrate a specific circumstance that occurs within Social Security Administration between TAFS 28-FY-8704 and 28X8704.  USSGL transfer account 4199 “Transfer of Expired Expenditure Transfers Receivable” is proposed and illustrated below as a mechanism to facilitate the transfer of expenditure transfers receivable and the associated unobligated balances from an expired TAFS to an unexpired no-year TAFS.  This transfer is not accomplished via SF 1151: Nonexpenditure Transfer Authorization.  There is no movement of Fund Balance With Treasury.  OMB requires that this movement be reported on SF 133 line 2B.  A new line on the P&F will be created by OMB for this transfer.  

# YEAR 3(Expired)(Unexpired)

YEAR 3 (Expired)(Unexpired)

YEAR 3 (Expired)(Unexpired)

YEAR 3 (Expired)(Unexpired )

YEAR 3 (Expired)(Unexpired)

YEAR 3 (Expired)(Unexpired)

**OMB Form and Content Statements**

# YEAR 3 (Expired)(Unexpired)

**OMB Form and Content Statements (continued)**

# YEAR 3 (Expired)(Unexpired)

**OMB Form and Content Statements (continued)**

# YEAR 3 (Expired)(Unexpired)

� A new line will be added to the Program and Financing Schedule as determined by OMB.  Refer to the appropriate OMB examiner for details.

� Report crosswalks follow fiscal year 2002 guidance, published in TFM S2-01-02 (as updated).

� Report crosswalks follow fiscal year 2002 guidance, published in TFM S2-01-02 (as updated).

� Report crosswalks follow fiscal year 2002 guidance, published in TFM S2-01-02 (as updated).

� This represents a new line added to the Program and Financing Schedule.  Refer to the appropriate OMB examiner for details.

� The ending balance in USSGL 5750 is a result of a reversal of the original transaction that was established (refer to Year 3, transaction #1).  It does not reflect an “adjustment for trust fund outlays that do not affect net cost” as defined for line 16; therefore, the ending balance in USSGL 5750 is not recorded on this line.

� Same as footnote 6.

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USSGL BOARD PROPOSAL May 22, 2003