Department Of Defense Agency Financial Report 2007 - Section 2: Financial Information Page 64
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82Department of Defense Agency Financial Report 2007
Section 2: Financial Information
7
Contributions to the Office of Personnel Management (OPM) do not fully cover the Government's cost to provide benefits
for employees covered by the Civil Service Retirement System, the Federal Employees' Retirement System, the Federal
Employees' Health Benefits program, and the Federal Employees' Group Life Insurance program. An imputed cost is
recognized as the difference between the Government's cost of providing these benefits to employees and the Department’s
contributions. The OPM provides cost factors for the computation of imputed financing costs, and these estimates are
included in the Department’s financial statements.
Other Financing Sources, Other consists primarily of adjustments to reconcile budgetary and proprietary trial balances. Due
to financial system limitations, the Department adjusts for these unreconciled differences.
Unexpended Appropriations, Budgetary Financing Sources, Other Adjustments is comprised of rescissions, capital transfers,
and canceling appropriations.
In the Statement of Changes in Net Position (SCNP), offsetting balances for intraDepartmental activity between Earmarked
Funds and All Other Funds is reported on the same lines. The Eliminations column contains all appropriate elimination
entries, which net to zero within each respective line, except for intraentity imputed financing costs.
Earmarked Cumulative Results of Operations ending balance on the SCNP does not agree with the Earmarked Cumulative
Results reported on the Balance Sheet because the cumulative results on the Balance Sheet are presented net of eliminations.
Appropriations on the Statement of Budgetary Resources (SBR) exceed Appropriations Received on the SCNP by
$104.1 billion. The SCNP recognizes appropriations received by the Military Departments and Defense Agencies totaling
$70.4 billion which are additionally recognized on the SBR as appropriated receipts in trust and special funds. Investments
in trust and special funds accumulate interest earnings; the interest earnings comprise most of the remaining difference of
$33.7 billion, which is recognized only on the SBR.
Note 20. Disclosures Related to the Statement of Budgetary Resources
As of September 30
2007
2006 Restated
(amounts in millions)
Net Amount Budgetary Resources Obligated for Undelivered Orders at the End of the Period
$
350,761.4
$
297,272.1
Available Borrowing and Contract Authority at the End of the Period
$
0.0
$
29,488.9
Reconciliation Differences
The Department modified this note to more accurately report the remaining available balance of borrowing and contract
authority. Previously, the Department reported the amount of borrowing and contract authority used, but not the amount
replaced by reimbursement or appropriation.
Appropriations Received on the Statement of Budgetary Resources (SBR) exceed Appropriations Received on the Statement
of Changes in Net Position by $104.1 billion. In accordance with Office of Management and Budget (OMB) guidance,
appropriations received by the Military Departments and Defense Agencies totaling $70.4 billion are subsequently
recognized a second time on the SBR as appropriations transferred into trust and special funds. Actual and anticipated
earnings in trust and special funds comprise the balance of the difference.
Permanent Indefinite Appropriations
The Department of Defense (DoD) received the following permanent indefinite appropriations:
• Department of the Army General Gift Fund (10 USC 2601(b)(1))
• Department of the Navy General Gift Fund (10 USC 2601(b)(2))
• Department of the Air Force General Gift Fund (10 USC 2601(b)(3))
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