U.S. Standard General Ledger (USSGL)

Issues Resolution Committee (IRC) Meeting Minutes

November 30, 2022 

LOCATION: Call in only

TIME: 9:30 a.m. to 11:30 a.m. 

HANDOUTS:

• Summary of Changes

• Federal Account Symbols & Titles

• Proposed Lease USSGLs

• Lease Scenarios – Intragov, Short-Term, and Right to Use

• Proposed Credit Reform Custodial USSGLs

• Proposed Budgetary USSGLs

• Voting Ballot

• Part 1, Section III, Fiscal Year (FY) 2023: Transaction Codes

• Part 1 & 2, Section IV, FY 2023 & 2024: Attribute Table and Attribute Definition Report

• Part 1 & 2, Section V, FY 2023 & 2024: Statement of Budgetary Resources

• Part 1 & 2, Section V, FY 2023 & 2024, SF133 & Schedule P Report on Budget Execution and 

Budgetary Resources and Budget Program and Financing Schedule. 

• Part 1 & 2, Section V, FY 2023 & 2024, Statement of Net Cost

• Part 2, Section V & VI, FY 2024 Balance Sheet

• Part 1 & 2, Section V, FY 2023 & 2024 Statement of Changes in Net Position

• Part 1 & 2, Section VII, FY 2023 & 2024: Validations Detail, Validations Summary, Edits Detail, 

Edits Summary, and Edits Closing

• OMB Abnormal Balance project update

All handouts can be found at The U.S. Standard General Ledger - Meeting Materials (treasury.gov)

GENERAL ITEMS:

Manager, Steve Riley (Fiscal Service), welcomed everyone to the IRC Meeting, and asked everyone to cite their 

attendance in the meeting chat. 

AGENDA ITEMS:

Mandi Glover (Fiscal) presented Federal Account Symbols and Titles. Mandi stated that it is the same FAST book 

but with different formatting. Currently, part 2 is in Excel, and parts 1 and 3 are still in the pdf format. There are no 

changes to those parts that are still in pdf. There is an intro tab, a data tab, and a changes tab in part 2. The intro tab 

gives you definitions, account numbers, etc., to help find data. The data tab in Excel allows you to filter on multiple 

attributes and the find feature is easier than the original pdf. There is an updated column as well, so that you can see 

when the latest update was made. Previously, we had to update a word file manually and then put that into a pdf and 

get that approved; however, with the Excel file, changes can be made more quickly, which is where the changes tab 

comes into effect. This will show any additions, deletions, or changes. We would like to hear from the users about 

their experiences with this new process. 

Kim Brislin (Interior) asked whether there was an indication in FAST book for distributed offsetting receipts as in 

the old one.
Mandi stated that distributed offsetting receipts is in part 1 pdf, and that is being worked on to get into Excel. 

Teresa Tancre (OMB) stated that, once the document is in Excel, OMB and Treasury should cross-check to be sure 

that the distributed versus undistributed should be consistent with OMB’s documents.

Melissa Stanley (Transportation) asked whether we are requesting “idea-type feedback” or is it more feedback on 

this first version? 

Mandi responded that we want any feedback.

Teresa repeated that folks need to keep in mind the purpose of this document.

Mandi wanted to remind everyone that there really wasn’t any changes to the data. It is just an Excel file that has been 

converted to Excel to see if the users like it better and is something that we can continue to update.

Kyle Moore (Fiscal) presented Economy Act and Revolving Fund Scenarios. Kyle thanked all the agencies for their 

feedback on both scenarios, along with the help from OMB, to get these scenarios updated from the original 2005 

publication. The Economy ACT Scenario has been published on our website and we expect the Revolving Fund

Scenario to get published within the next week or two.

Brian Casto (Fiscal) presented Proposed Lease USSGLs. Brian stated that we heard agency requests to have 

USSGL requirements shared and in place so agencies could begin preparing their systems for implementation. For 

the first time in over 10 years, SGLs have been put in place this far ahead of a new standard’s implementation date.

These were all distributed to members of the Lease Working Group from July-September; we heard feedback and 

applied to form an agency consensus in September. These will be published in the TFM Supplement for research 

and review but won’t be available for use until FY24 Reporting. 

Brian then presented Lease Scenarios. Brian stated that these are still in draft form and are subject to change. 

Please refer to the handouts.

Chris Beck (Fiscal) said that there was a lot of information presented with all these scenarios and new SGLs. We 

wanted to have something tied to the ballot so that you could see examples of how they are used. 

Josh Hudkins (Fiscal) presented Credit Reform Custodial USSGLs. Josh reported that the Custodial Working 

Group has been working with representatives from the Department of Housing and Urban Development to assist in 

the resolution of a custodial reporting issue HUD has experienced related to custodial collections received related to 

loan guarantee Credit Reform activity. The current USSGL accounts and published guidance do not allow HUD to 

record these collections without causing elimination issues. After working with HUD, we determined two new 

USSGL accounts were needed to allow the necessary reporting by HUD and any other agency reporting custodial 

collections received as part of a Credit Reform program. We would like to thank our counterparts at HUD who 

provided their input and assistance in the creation of these new USSGL accounts. Please refer to the handout for the 

USSGL additions.

Heather Six (Fiscal) presented Proposed Budgetary USSGLs. Heather communicated multiple changes and new 

accounts. Please review all the changes on the handout.

Josh presented USSGL Draft Voting Ballot. Josh said today’s version is a draft for all IRC contacts to view, and it 

will be due back by December 6th at 12:00 noon. A fillable PDF and a survey monkey link will be sent out after this 

meeting.

Kim asked whether, for account 480110, “Reinstated Undelivered Orders - Obligations, Unpaid,” there is a TAS for 

which you have an obligation, you de-obligate that and have a prior recovery, does it need to be reestablished the 

following year?
Teresa replied, no, that was incorrect; a little later in the meeting we will discuss this, but basically there was a grant 

accrual working group. However, the attorneys did not want to go as far as the working group. So, at this point you 

will show your recovery of your prior year paid obligation in either 487200 “Downward Adjustments of Prior-Year 

Prepaid/Advanced Undelivered Orders - Obligations, Refunds Collected” or 497200 “Downward Adjustments of 

Prior-Year Paid Delivered Orders - Obligations, Refunds Collected” and then you will have the 480110 on a 

corresponding line in the budgetary resource section that reestablishes the unpaid obligation. 

Melissa Stanley asked, if we have concerns with the transaction code that is with a new USSGL, would that be a no 

vote, or how should we approach that?

Josh replied that it would be a “yes” vote if you are okay with the USSGL, since we do not vote on transaction 

codes. We would like your comments on the transaction codes via email or comment box of the survey though, 

because we want to hear your concerns.

Regina and Brian presented Part I, Sec III, Transaction Codes. Regina and Brian noted there were a lot of 

changes; for a full listing of the changes, please refer to the handout.

Kent Linscott (Fiscal) presented Part I & II, Sec IV Attribute Table. Kent stated that there were multiple changes 

for the attribute table, so please review the handout.

A question was posed about the GTAS reporting with the additional values besides “D” and “N,” and when we 

would be reposting the “S.” 

Teresa responded that split (“S”) merely says that you can report discretionary or mandatory. When a file is sent to 

our counterparts at Fiscal, we identify things as discretionary, mandatory, or split. This gives agencies the ability to 

report both in a particular TAFs, but you will never do a domain value split. As far as net income goes, it is for 

receipt accounts, and we have several agencies requesting that this file be updated, because it is identifying the 

receipt accounts as mandatory when it should be net income. We are trying to work through these issues so that 

folks can see how we classify those in OMB’s system on the receipt side. If agencies have some input, please reach 

out to Kent and we can investigate these issues. 

Regina presented Part I & II Section V: SF-133 & Schedule P Report of Budget Execution and Budgetary 

Resources & Budget Program and Financing Schedule changes. Regina noted that there are a lot of changes, so 

please refer to the handouts and feel free to reach out with any questions.

Heather presented Part I & II, Sec V Statement of Budgetary Resources. Heather stated that there are a lot of 

changes in these, as well, so please refer to the handouts and feel free to reach out with any questions. 

Kent presented Part 1 & 2, Section V, FY 2023 & 2024, Statement of Net Cost. Kent stated to please refer to the 

handout for the change that was made and to reach out with any questions.

Josh presented Part 2, Section V & VI, FY 2024 Balance Sheet. There has been a government-wide working group 

that has been working with all of these changes. There are multiple handouts, so please refer to those and reach out 

with any questions that you might have.

Jeff Taberner (Fiscal) presented Part 1 & 2, Section V, FY 2023 & 2024 Statement of Changes in Net Position. Jeff

stated that there are multiple additions, so please refer to the handout and reach out if there are any questions.

Alex Abshire (Fiscal Service) presented Parts I & II, Section VII: Edits and Validations. Alex mentioned that there 

are a lot of changes, so please refer to the SOC and the individual handouts. 

Teresa presented OMB Abnormal Balances. Teresa said that the handout provided is a continuation from what has 

occurred throughout this project. For a full list of SGLs that are being added, please refer to the handout. It also 
highlights that some of these accounts can no longer have abnormal balances. The updates begin on page 36 of the 

handout from this particular meeting.

Sherien Toussef (CGI Federal) asked how account 480110 was used. 

Teresa replied that, based on the discussions in the Grant Accrual group, it was identified that there were two 

situations. The first there was prior-year recoveries of paid obligations being recognized, yet the agency still had a 

legally binding obligation on the books. They did not want to appear to have a recovery and have an obligation line

appear on the status side. This SGL will be a status account that will sit on the budgetary resource section so that 

when they reflect the recovery on line 1033, this SGL will sit on line 1047 and will act like a contrary account to the 

downward adjustments reducing the budgetary resources that are available to be reflected as obligated. 

Siporah Jackson (Treasury) asked whether there would be a posting model that will be sent to agencies.

Teresa responded, asking whether the agencies were in the Grant Accrual meetings, because the flow of the posting 

was shared in those meetings, and to check back with those that were in the meeting.

Alan Perry (FASAB) presented FASAB Updates. Alan stated that the board issued the FY 22 three-year plan. It is 

now open to open comment. Comments are due January 18th, 2023. We would encourage you to review the plan and 

send your comments. There will be a review of an invitation to comment as a way to get early feedback and 

direction to those in the community that will be coming out in 2023 for various projects. SFFAS 38 will have a draft 

amendment at the next board meeting as well. Please feel free to email with any questions. The Board is also 

expected to approve and issue two pronouncements related to leases in the coming months, including an omnibus 

Statement and a Technical Bulletin addressing intragovernmental leasehold reimbursable work agreements. Please 

monitor these projects and plan accordingly.

MEETING ROUNDTABLE: 

Meeting Wrap-Up:

Steve concluded the meeting.

Agencies via Conference Call:

AOC

CBP

Congress

DFAS

DFC

DHS

DOC

DOJ

DOL
DOT

Education

EPA

EXIM

FAA

FASAB

FCC

FCSIC

Federal 

Judicary

FERC

FNS

FPAC

FTC

GAO

GSA

HHS

HHS

ICE

Interior

Labor

NASA

NLRB

NRC

Patent and 

Trademark

RRB

SBA
SEC

Smithsonian

SSA

State

Transportation

Treasury

USACE

USAGM

USDA

USDA

VA