IRC Review 

Ballot 14-01 1 IRC Meeting April 22, 2014

U.S. GOVERNMENT STANDARD GENERAL LEDGER (USSGL)

VOTING BALLOT #14-01

The USSGL staff presented Voting Ballot #14-01 at the May 22, 2014, USSGL IRC meeting. 

Please indicate the agency’s vote by marking “yes” or “no” on the voting ballot for each proposed 

revision to the USSGL. Provide a detailed justification for all “no” votes. Fax page 1 and any 

attachments containing comments or justifications for negative votes to 202-874-7232 or vote via 

Survey Monkey. BFS will provide the Survey Monkey link to the voting USSGL IRC board 

members. BFS must receive the agency’s votes by close of business June 5, 2014.

FISCAL YEAR 2014 

ADD: CHANGE:

109000 Pg. 2 Yes____ No____

132100 Pg. 2 Yes____ No____

299000 Pg. 3 Yes____ No____

540500 Pg. 3 Yes____ No____

718100 Pg. 3 Yes____ No____

FISCAL YEAR 2015

ADD: CHANGE:

463500 Pg. 4 Yes____ No____ 415500 Pg. 5 Yes____ No____

577700 Pg. 4 Yes____ No____

577800 Pg. 4 Yes____ No____

 

Name: ______________________________________________

Agency: _____________________________________________

Date: ________________________________________________
Ballot 14-01 2 IRC Meeting April 22, 2014

PROPOSED CHANGES TO CURRENT USSGL ACCOUNTS FOR FISCAL 2014

Account Title: Fund Balance With Treasury Under a Continuing Resolution 

Account Number: 109000 

Normal Balance: Debit 

Definition: The amount equal to the funding provided under a continuing resolution and 

apportioned in accordance with Office of Management and Budget's automatic apportionment 

bulletin. The balance will remain in this account until the warrant has been issued by the U.S. 

Department of the Treasury’s Bureau of the Fiscal Service.The balance in this account will adjust to 

zero when the U.S. Department of the Treasury's Financial ManagementBureau of the Fiscal

Service issuesprocesses a warrant and must adjust to zero by yearend. This account does not close at 

yearend. 

Justification: To update the account definition to clarify the use of the account during a 

continuing resolution.

Account Title: Unfunded FECA Benefit Contributions Receivable

Account Number: 132100

Normal Balance: Debit

Definition: The amount recorded by the Department of Labor for unfunded FECA contributions 

due from Federal employers. Until the Federal paying agency records the actual budgetary 

obligation, the associated FECA liability and receivable are considered unfunded. This account does 

not close at yearend. 

Justification: Department of Labor has entities enrolled in FECA that are not considered federal 

entities that are required to be covered under FECA by law. The current definition limited this 

USSGL account as a receivable due from Federal employers. A change was made to the Federal 

Non-Federal Code attribute domain value to allow the domain value of “N” for this USSGL 

account. 
Ballot 14-01 3

Account Title: Other Liabilities Without Related Budgetary Obligations 

Account Number: 299000 

Normal Balance: Credit 

Definition: Other liabilities not otherwise classified, for which there is not a related budgetary 

obligation. This account may be used while awaiting for funds to be withdrawn. (i.e. rescissions, 

across-the-board reductions, and sequestrations.) This account does not close at yearend. 

Comment: Detailed information related to sequestration will be presented in a new scenario to be 

developed at a future date.

Justification: To update the account definition to clarify the use of the account when funds are 

being returned for rescissions, across-the-board reductions, and sequestrations. Also, to provide 

comment related to the new scenario to be developed providing guidance for sequestration.

Account Title: Unfunded FECA Benefit Revenue

Account Number: 540500

Normal Balance: Credit

Definition: The amount of unfunded FECA accrued revenue recorded by the Department of Labor 

due from Federal employers.

Justification: Department of Labor has entities enrolled in FECA that are not considered federal 

entities that are required to be covered under FECA by law. The current definition limited this 

USSGL account as a receivable due from Federal employers. A change was made to the Federal 

Non-Federal Code attribute domain value to allow the domain value of “N” for this USSGL 

account. 

Account Title: Unrealized Gain - Exchange Stabilization Fund 

Account Number: 718100 

Normal Balance: Credit 

Definition: The accumulated unrealized gain, due to exchange rates, on foreign currency 

investments and foreign denominated assets in the Exchange Stabilization Fund. Unrealized gains 

are due to adjustments for the market value of assets. Although the normal balance for this account 

is credit, it is acceptable in certain circunstances for this account is credit, it is acceptable in certain 

instances for this account to have a debit balance. This USSGL account is to be used only by the 

Department of the Treasury. 

Justification: To update definition to correct typographical error found in the published 

definition for the USSGL account.
Ballot 14-01 4

PROPOSED USSGL ACCOUNTS FOR FISCAL YEAR 2015 

Account Title: Funds Not Available – Adjustments to the Exchange Stabilization Fund

Account Number: 463500

Normal Balance: Credit

Definition: Funds not available for commitment/obligations. The amount of increase or decrease in 

the Exchange Stabilization Fund as a result of revaluation, foreign exchange rate adjustments, and 

special liabilities (general allocations and special drawing rights certificates). Although the normal 

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

debit balance when a loss is recognized. This USSGL account is to be used only by the Department 

of the Treasury. This account does not close at year-end. 

 

Justification: This account was created as it does not close where 463000 does close.

Account Title: Authority Transfer Control In

Account Number: 577700 

Normal Balance: Credit

Definition: Offset for the monitoring of the movement of Fund Balance with Treasury or activity to 

another Treasury account symbol. This account is for the General Fund of the Treasury use only.

Justification: The General Fund has a need for an account similar to USSGL Account 577600, but 

with a Domain Value of “Blank” for the Fed/Non-Fed attribute. They need this account to properly 

account for transfers between agencies without causing elimination issues. The General Fund is not 

a direct trading partner in these transactions and only uses the transfer account as a means to track 

the change

Account Title: Authority Transfer Control Out

Account Number: 577800 

Normal Balance: Debit 

Definition: Offset for the monitoring of the movement of Fund Balance with Treasury or activity to 

another Treasury account symbol. This account is for the General Fund of the Treasury use only.

Justification: The General Fund has a need for an account similar to USSGL Account 577600, but 

with a Domain Value of “Blank” for the Fed/Non-Fed attribute. They need this account to properly 

account for transfers between agencies without causing elimination issues. The General Fund is not 

a direct trading partner in these transactions and only uses the transfer account as a means to track 

the change
Ballot 14-01 5

PROPOSED CHANGES TO CURRENT USSGL ACCOUNTS FOR FISCAL 2015

Account Title: Appropriation To Liquidate Contract Authority - Allocation - Transferred 

Account Number: 415500 

Normal Balance: Debit 

Definition: The amount of liquidating appropriations received during the fiscal year to fund 

contract authority transferred from the parent Treasury Appropriation Fund Symbol (TAFS) to its 

Allocation TAFS. The transfer is accomplished via SF1151:Nonexpenditure Transfer Authorization. 

Only the Department of Transportation and agencies that receive allocation transfers from the 

Department of Transportation may use this account. Although the normal balance for this account is 

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

Justification: To update the account definition to clarify the use of this account being restricted 

to the Department of Transportation and agencies who receive allocation transfers from the 

Department of Transportation.