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United States Report to the Congress FINANCIAL AUDIT Examination of Customs’Fiscal Year _part9 pptx

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DEPARTMENT OF THE TREASURY, UNITED STATES CUSTOMS SERVXCE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Accrued payroll and benefits as of September 30, 1992, consist of the following in

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DEPARTMENT OF THE TREASURY, UNITED STATES CUSTOMS SERVXCE

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Accrued payroll and benefits as of September 30, 1992, consist of the following

(in thousands):

Salaries

payroll related tares

Insurance

Retirement benefits

Other

567,837

2,489

6,166 2,989 1.961

$81.442

12 &easrq:

Goeratincr Leases

equipment

expected that Customs will continue to occupy and lease off ice space from

GSA in future years, and that the lease charges will be adjusted annually

during fiscal year 1992 was $98.6 million

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Financial Statements

DEPARTMENT OF THE TREASURY, UNITED STATES CUSTOMS SERVICE

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Capital Lease Oblisations

Customs has a number of capital lease agreements primarily involving

lease payments are $35.1million and $2.2 million, respectively Certain

terms generally range from 36 to 48 months

follows (in thousands):

1997 and thereafter

Less: Imputed interest

capital lease obligation

48 19,701 12.708)

$16.993

Substantially, all of the net present value of capital lease obligations

Statement of Financial Position

9

b ‘*

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DEPARTMENT OF THE TREASURY, UNITED STATES CUSTOMS SERVICE

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Customs is a party to various administrative proceedings, legal actions,

agreed in principal to the claim and is in the process of determining the

the claim will be fully or partially funded by the Department of Justice

or from Customs' appropriations

grade of employees eligible to work in a "home to work" program were not

,i

+

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Financial Statements

DEPARTMENT OF THE TREASURY, UNITED STATES CUSTOMS SERVICE

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

14 Chances in Oneratins Net Position:

(in thousands):

Balances as of

Excess of financing

over funded operating

15.000

fiscal year 1992

Appropriations

expended for

operations

amounts expended for

invested capital

Disposals of invested

ca$ital

Future fundina <

Future funding

360,618 157,588 21,121 610,095 210,459 (95,731) 1,279,150

(24,535) (24,535)

Balances as of

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U.S CUSTOMS SERVICE

s

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Financial Statements

U.S CUSTOMS SERWCE

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OFFICE OF MANAGEMENT

1

!

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Financial Statements

Department of the Treasury United States Customs Service Supplemental Financial and Management Information

REPORTABLE PURLIS

CUSTODIAL FUNDS

Gen r

Budget Clearing Account

All Other (&arges ‘for Tesiing; Inspecting & Grading,

Department of Health & Human Services)

Fines, Penalties, and Forfeitures, Not Otherwise classified

(Department of Health & Human Resources)

U.S Customs Service

Excise Taxes

Fines, Penalties & Forfeitures, Agriculture Laws

Transportation

Customs User Fee Account

Dept of Justice

General Funds

Refunds & Drawbacks, U.S Customs Service, Indefinite

DeDosit Funds

Assessments on Imports of Beef and Pork Products, Agricultural

Marketing Service

Page 86 GAOLUMD-93-3 Customs’ 1992 Financial Statements

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Department of the Treasury United States Customs Service Supplemental Financial and Management Information

REPORTABLE FUNDS

CUSTODIAL FUNDS [continued1

Special Funds

U.S Customs Service

U.S Customs Service

Import Duties on Arms and Ammunition

Trust Funds

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Financial Statements

Department of the Treasury United States Customs Service Supplemental Financial and Management Information

REPORTABLE FUNDS

CUSTODIAL FUNDS [continued1

Special Funds

U.S Customs Service

U.S Customs Service

Import Duties on Arms and Ammunition

Trust Funds

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