Department Of Defense Agency Financial Report 2007 - Section 2: Financial Information Page 66
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82Department of Defense Agency Financial Report 2007
Section 2: Financial Information
7
The Department utilizes borrowing authority for the Military Housing Privatization Initiative, the Armament Retooling and
Manufacturing Support Initiative, and the Foreign Military Account Program. Borrowing authority is used in accordance with
OMB Circular A-129, “Managing Federal Credit Programs.”
The Department operates within the constraints of fiscal law and has no additional legal arrangements affecting the use of
unobligated balances.
The Department received additional funding of $70.0 billion to replenish expenses incurred outside of normal operating
expenses. The Department also received an additional $99.4 billion primarily for U.S. Troop Readiness, Veterans Care, and
Hurricane Katrina recovery.
The Department reported a change in obligated balances brought forward of $29.2 billion, and unobligated balances brought
forward of $1.0 billion, due to stipulations of OMB Circular A-136, “Financial Reporting Requirements.” (See Note 1,
“Significant Accounting Policies”, and Note 25, “Restatements” for details.)
The Department is executing balances of Contract Authority of $48.0 billion, Permanently not Available of ($16.6) billion,
and Distributed Offsetting Receipts of $15.8 billion, on behalf of the Executive Office of the President. These amounts do not
represent budgetary resources or obligations of the Department.
Note 21. Reconciliation of Net Cost of Operations to Budget
As of September 30
2007
2006 Restated
(amounts in millions)
Resources Used to Finance Activities:
Budgetary Resources Obligated:
Obligations Incurred
$
943,782.3
$
816,752.4
Less: Spending Authority from Offsetting Collections and Recoveries (-)
(215,593.3)
(197,235.2)
Obligations Net of Offsetting Collections and Recoveries
728,189.0
619,517.2
Less: Offsetting Receipts (-)
(64,105.0)
(48,222.1)
Net Obligations
664,084.0
571,295.1
Other Resources:
Donations and Forfeitures of Property
13.8
47.3
Transfers in/out Without Reimbursement (+/-)
(86.9)
(83.7)
Inputed Financing from Costs Absorbed by Others
4,421.3
4,409.6
Other (+/-)
(8,099.3)
3,415.9
Net Other Resources Used to Finance Activities
(3,751.1)
7,789.1
Total Resources Used to Finance Activities
660,332.9
579,084.2
Resources Used to Finance Items not Part of the Net Cost of Operations:
Change In Budgetary Resources Obligated for Goods, Services, and Benefits Ordered but Not Yet Provided:
Undelivered Orders (-)
(82,882.9)
(19,138.7)
Unfilled Customer Orders
6,496.4
446.2
Resources that Fund Expenses Recognized in Prior Periods (-)
(34,595.5)
(6,392.3)
Budgetary Offsetting Collections and Receipts that do not Affect Net Cost of Operations
18,663.2
6,202.7
Resources that Finance the Acquisition of Assets (-)
(92,704.7)
(132,348.5)
Other Resources or Adjustments to Net Obligated Resources that do not Affect Net Cost Of Operations:
Less: Trust or Special Fund Receipts Related to Exchange in the Entity’s Budget (-)
(10.0)
(10.0)
Other (+/-)
$
8,172.3
$
(3,379.2)
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