Q. Classified Activities
Accounting standards require all reporting entities to disclose that accounting standards allow certain presentations and disclosures to be modified, if needed, to prevent the disclosure of classified information.
NOTE 2 Non-Entity Assets
Non-entity assets are those held by AOC but unavailable for use in its operations. Activities that may give rise to non-entity assets include:
rent collections from the Monocle Restaurant provision of palm trees for rent by the USBG
repayment of employees’ debt, which was established in funds that are now canceled
steam and chilled water collections over the annual Congressional cap
Upon receipt, these funds are not available for AOC use and are transferred to Treasury.
The AOC’s non-entity assets as of September 30, 2019, and 2018, were as follows:
Dollars in Thousands NON-ENTITY ASSETS
With the Public Accounts Receivable, Net (Note 6) Total Non-Entity Assets Total Entity Assets Total Assets
$ 2019
26 26
3,384,413 $ 3,384,439 $ 2018
15 15
3,219,949 $ 3,219,964
The increase in Public Accounts Receivable is due to outstanding Monocle rent collections as well as payroll receivables that were established in funds that canceled at the end of the current fiscal year. These receivables are tracked in the Treasury miscellaneous receipts account until collected.
NOTE 3 Fund Balance with Treasury
FBWT is classified as Unobligated Balances Available, Unobligated Balances Unavailable, Obligated Balance not yet Disbursed or non-budgetary FBWT.
Unobligated Balance Available represents unexpired budget authority. The amount disclosed in this note as Unobligated Balance Available may not reconcile to the amount reported as Unobligated-Exempt from apportionment on the Combined
2019 PERFORMANCE AND ACCOUNTABILIT Y REPORT
Statement of Budgetary Resources (SBR) due to anticipated collections (closed out at year end) and budgetary resources that do not affect FBWT, such as investments (see Note 5). Additionally, any amounts in FBWT for which the related budgetary authority is restricted will not reconcile to the SBR. The AOC has unobligated balances derived from offsetting collections for space rented in the O’Neill Building. These amounts are restricted to future use, pending congressional appropriation.
Unobligated Balance Unavailable represents expired budget authority that is no longer available to incur new obligations unless authorized by Congress, for example FECA payments.
Obligated Balance not yet Disbursed includes undelivered orders or orders that have been received but not yet paid for.
Non Budgetary FBWT (if applicable) includes unavailable miscellaneous receipts and suspense accounts that have no associated budget authority.
Dollars in Thousands BALANCE TYPE
Unobligated Balance Available
Unavailable
Obligated Balance not yet Disbursed Total
$ 2019
574,909 19,978
499,265 $ 1,094,152 $ $ 2018
623,090 21,175
375,822 1,020,087
In FY 2019, the Obligated Balance not yet Disbursed is higher mainly due to an increase in undelivered orders for major ongoing capital projects.
The decrease in Unobligated Balance Available is primarily due to the timing of AOC’s FY 2019 full year appropriation (as opposed to the FY 2018 continuing resolution) which allowed more program spending throughout the year.
NOTE 4 Cash and Other Monetary Assets
Cash and Other Monetary Assets include change-making funds held outside Treasury for CVC Gift Shop operations and undeposited daily Gift Shop sales. There are no restrictions on cash.
The cash balances as of September 30, 2019, and 2018, are as follows:
Dollars in Thousands CASH & OTHER MONETARY ASSETS Undeposited Collections Cash Imprest Funds Total
2019 $ $
31 14
$ 2018
35 14
45 $ 49
Financial Information • Section III
107
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156 |
Page 157 |
Page 158 |
Page 159 |
Page 160 |
Page 161 |
Page 162 |
Page 163 |
Page 164 |
Page 165 |
Page 166 |
Page 167 |
Page 168 |
Page 169 |
Page 170 |
Page 171 |
Page 172 |
Page 173 |
Page 174 |
Page 175 |
Page 176 |
Page 177 |
Page 178 |
Page 179 |
Page 180 |
Page 181 |
Page 182 |
Page 183 |
Page 184 |
Page 185 |
Page 186 |
Page 187 |
Page 188 |
Page 189 |
Page 190 |
Page 191 |
Page 192 |
Page 193 |
Page 194 |
Page 195 |
Page 196 |
Page 197 |
Page 198
