FIGURE 31: How Was the Money Spent/Issued? See Full Report, Page 52

FIGURE 32: Who Did the Money Go To? See Full Report, Page 52

terms are modified to improve the understanding of common accounting concepts for the general public. For example, the line item labeled What Money is Available to Spend? begins with Total Resources, which matches the Total Budgetary Resources line in AOC’s SBR. Similarly, the How was the Money Spent/Issued? section equals Obligations Incurred in the SBR. The Schedule of Spending is in Section IV: Other Information of this report.

Figure 31 shows how AOC’s appropriations were spent in FY 2014, by category. As illustrated, contractual services (57.1 percent) and personnel compensation (42.4 percent) represent over 99.0 percent of AOC’s spending. Figure 32 breaks out AOC’s available resources into the federal entities, non-federal entities and employees. As shown, the majority of AOC’s available resources (50.6 percent) went to non-federal entities.

Limitation of Financial Statements

Management prepares the accompanying financial statements to report the financial position and results of operations for AOC pursuant to the requirements of Chapter 31 of the U.S. Code Section 3515(b). While these statements have been prepared from AOC’s books and records in accordance with the spirit of OMB Circular A-136, Financial Reporting Requirements, GAAP and other applicable authority, these statements are in addition to the financial reports and are prepared from the same books and records used to monitor and control the budgetary resources. These statements should be read with the understanding that they are for a component of the U.S. government, a sovereign entity. One implication is that unfunded liabilities cannot be liquidated without legislation that provides the resources to do so.

SERVE • PRESERVE • INSPIRE

Angela Reinhardt

Management and Program Analyst, AOC Capitol Building

Angela Reinhardt, Management and Program Analyst, has made a real difference at the AOC Capitol Building jurisdiction. Among her strengths, Angela has the ability to associate technology with accounting principles and honest reporting. Her analysis and reporting activities help AOC use data to provide informed decisions, improve performance, reduce redundancy and develop key performance indicators that link to the agency’s Strategic Vision. Angela has the insight to use reports in a persuasive manner that helps change work processes, ensure better documentation and develop a more accurate accounting of work and system operations.