Non Credit Reform Borowings Conference

Treasury’s Borrowings ProgramNon-Credit Reform Program Stephanie Blair Accountant, Federal Borrowings Branch April 12, 2007... Fund Primary Assistant Number Fund Title Fund Manager Fund

Treasury’s Borrowings Program

Non-Credit Reform Program

Stephanie Blair Accountant, Federal Borrowings Branch

April 12, 2007

Fund Primary Assistant Number Fund Title Fund Manager Fund Manager

12X4230 Rural Electrification and Telephone Revolving Fund, Liquidating Account Adam Gale

12X4336 Commodity Credit Corporation Fund, Liquidating Account Adam Gale

13X5396 Digital Television Transition and Public Safety Fund Carol Adam

14X4053 Helium Fund, Bureau of Land Management Gale Stephanie

15X4500 Prison Industries Fund, Department of Justice Stephanie Milissia20X4521 Federal Financing Bank Revolving Fund Milissia Adam

33X0301 John F Kennedy Parking Facilities, Smithsonian Institute Gale Carol

60X8010 Social Security Equivalent Benefit Account, Railroad Retirement Board Milissia Adam

64X4110 Tennesee Valley Authority Fund Carol Stephanie69X1751 Ocean Freight Differential, Maritime Administration Adam Milissia

70X4236 Emergency Preparedness and Response, National Flood Insurance Fund Carol Milissia86X4098 Low-Rent Public Housing Program, Renewal & Housing Assistance, HUD Adam Gale

89X4045 Bonneville Power Administration Fund Stephanie Carol

91X0242 College Housing and Academic Facilities Loans Liquidating Account Stephanie Carol

95X4331 Presidio Trust Expenses Gale Adam

96X3128 Washington Aqueduct Capital Improvements, Corps of Engineers Milissia Stephanie

Non-Credit Reform Balances

Agency Balance Outstanding

(millions) Percent

FEMA, National Flood Insurance $17,335 32%

Commodity Credit Corporation $11,074 21%

Railroad Retirement Board $ 4,284 8%

Rural Electrification & Telephone $ 3,115 6%

Bonneville Power Administration $ 2,417 5%

Total Loans Outstanding $53,247

As of February 28, 2007

Non-Credit Reform Balances

Principal Balance

Outstanding as of

February 28, 2007

Standardizing Agreements

Division of Accounting Operations Veronica Lowther, Director (Acting)

Federal Borrowings Branch Crystal Hanna, Manager Jill Reeves, Team Lead Dorothy Dicks, Staff Accountant

Stephanie Blair, Accountant

Carol Brooks, Accountant

Adam Charlton, Accountant

Gale Daggett, Accountant

Milissia Morris, Accountant

Tabitha Linch, Accountant

Federal Borrowings Branch

Dorothy Dicks Stephanie Blair Reeves Jill

Gale

Daggett

Carol Brooks Milissia Morris Crystal Hanna

Adam Charlton

Basic Accounting

16 Non Credit Reform Funds

4 Funds per Accountant per Year

16 / 4 = ?????

4 Years to Learn All the Funds

Q:

A:

Borrowing Authority

 Title of Act & Date Enacted

 Public Law

 Fund Name

 Borrowing Limit (if any)

 Expiration Date (if any)

Interest Calculations

 Fixed vs Variable Rate

 Calculating Late Payments

Interest Payments & Credits

Intragovernmental Eliminations

 Required Quarterly Reporting

 Major Difference: Accrual Method

Reports Available Online to Assist www.treasurydirect.gov/govt/reports/tbp/tbp.htm

Agency needs to fill in

all the fields in blue

Click here for online reportsBorrowings Website

Choose a Month

Monthly Balances Reports

Online Report Selection

Detailed Fund Specific Report

Summary General Ledger Report Addt’l Info:How to Use the Reports

timely resulting in a reconciling issue and improper

recording of revenues and expenses

Detail Principal & Accrued Interest Report for January 2007

Year End GWA Transactions

Certify Borrowing & Repayment

Transactions for September 30th

No Later than 3 p.m EST

on Friday, September 28 th

Year End Interest

Payments & Credits

 Deadline is Friday Sept 28 th

 Interest Credit Supporting Documentation is due by 1 p.m.

 Interest Payment via IPAC is due by 3 p.m.

 Options

 Estimate Cash Balances for Sept 28 th – 30 th

and Adjust with October or

 Receive Credit through Sept 28 th based upon Actual Cash Balances and Include Sept 29 th -

30 th with October Credit

Certified Interest Rates

www.treasurydirect.gov/govt/apps/tbp/tbp.htm

Click here for interest rates

Annual Interest Rates

www.treasurydirect.gov/govt/rates/tcir/tcir_opdirannual.htm#table8b

Questions

Address: Department of the Treasury

Bureau of the Public Debt

Federal Borrowings Branch Room H113

We would like to invite you and other members of your agency to visit the Federal Borrowings Branch at the

Bureau of the Public Debt in

Parkersburg, WV