United States DEPARTMENT of Commerce

More documents

Recommendations

Info

N O T E S T O T H E F I N A N C I A L S T A T E M E N T S Operating Leases: Most of the Department’s facilities are rented from the GSA, which generally charges rent that is intended to approximate commercial rental rates. For federal-owned property rented from GSA, the Department generally does not execute an agreement with GSA; the Department, however, is normally required to give 120 to 180 days notice to vacate. For non-federal owned property rented from GSA, an occupancy agreement is generally executed, and the Department may normally cancel these agreements with 120 days notice. The Department’s (1) estimated real property rent payments to GSA for FY 2008 through FY 2012; and (2) future payments due under noncancellable operating leases (non-GSA real property and personal property) are as follows: FY 2007 General PP&E Category Fiscal Year GSA Real Property Non-GSA Real Property 2008 $ 246,082 $ 19,329 2009 252,357 16,678 2010 253,741 14,580 2011 244,685 13,741 2012 248,144 12,799 Thereafter 1 52,497 Total Future Lease Payments $ 129,624 1 Not estimated. 228 F Y 2 0 0 7 P E R F O R M A N C E A N D A C C O U N T A B I L I T Y R E P O R T
N O T E S T O T H E F I N A N C I A L S T A T E M E N T S Note 15. Liabilities Not Covered by Budgetary Resources FY 2007 FY 2006 Intragovernmental Debt to Treasury $ 164,489 $ - Accrued FECA Liability 32,008 30,954 Other 1,232 2,501 Total Intragovernmental 197,729 33,455 Accrued Payroll 28,896 23,584 Accrued Annual Leave 214,415 201,612 Federal Employee Benefits 625,816 589,964 Environmental and Disposal Liabilities 67,443 74,880 Contingent Liabilities 8,717 13,063 Unearned Revenue 795,468 762,463 ITA Foreign Service Nationals’ Voluntary Separation Pay 9,550 9,436 Other 983 1,137 Total $ 1,949,017 $ 1,709,594 Due to USPTO’s funding structure, budgetary resources do not cover a portion of its Unearned Revenue. The Unearned Revenue reported above is the portion of USPTO’s Unearned Revenue that is considered not covered by budgetary resources. USPTO’s Unearned Revenue is a liability for revenue received before the patent or trademark work has been completed. Budgetary resources derived from the current reporting period’s revenue have been partially used to cover the current reporting period’s costs associated with unearned revenue from a prior reporting period. In addition, the current patent fee structure sets low initial application fees that are followed by income from maintenance fees as a supplement in later years to cover the full cost of the patent examination and issuance processes. The combination of these funding circumstances requires USPTO to obtain additional budgetary resources to cover its liability for unearned revenue. F Y 2 0 0 7 P E R F O R M A N C E A N D A C C O U N T A B I L I T Y R E P O R T 229
Page 1 and 2:
United States DEPARTMENT of Commerc
Page 3 and 4:
U.S. Department of Commerce FY 2007
Page 5 and 6:
A P P E N D I X A : P E R F O R M A
Page 7 and 8:
Page 9 and 10:
Page 11 and 12:
M a n ag e m e n t D i s c u s s i
Page 13 and 14:
Number of Targets Number of Targets
Page 15 and 16:
Page 17 and 18:
Page 19 and 20:
Page 21 and 22:
Page 23 and 24:
Page 25 and 26:
Page 27 and 28:
Page 29 and 30:
1,653 892 A P P E N D I X A : P E R
Page 31 and 32:
Page 33 and 34:
Page 35 and 36:
Page 37 and 38:
Page 39 and 40:
Page 41 and 42:
Page 43 and 44:
Page 45 and 46:
Page 47 and 48:
Page 49 and 50:
Page 51 and 52:
Page 53 and 54:
Page 55 and 56:
Page 57 and 58:
Page 59 and 60:
Page 61 and 62:
Page 63 and 64:
Page 65 and 66:
Page 67 and 68:
Page 69 and 70:
Page 71 and 72:
Page 73 and 74:
Page 75 and 76:
P e r f o r m a n c e S e c t i o n
Page 77 and 78:
S t r at e g i c G oa l 1
Page 79 and 80:
s t r a t e g i c g o a l 1 * P e r
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87 and 88:
Page 89 and 90:
Page 91 and 92:
Page 93 and 94:
Page 95 and 96:
Page 97 and 98:
Page 99 and 100:
Page 101 and 102:
Page 103 and 104:
Page 105 and 106:
Page 107 and 108:
Page 109 and 110:
Page 111 and 112:
Page 113 and 114:
Page 115 and 116:
Page 117 and 118:
Page 119 and 120:
Page 121 and 122:
Page 123 and 124:
Page 125 and 126:
Page 127 and 128:
Page 129 and 130:
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
Page 163 and 164:
Page 165 and 166:
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
Page 173 and 174:
M a n ag e m e n t I n t e g r at i
Page 175 and 176:
M Aa Nn Aa Gg Ee Mm Ee Nn T t I Nn
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
M A N A G E M E N T I N T E G R A T
Page 183 and 184:
F i n a n c i a l S e c t i o n
Page 185:
F i n a n c i a l M a n ag e m e n
Page 188 and 189: F i n a n c i a l M a n a g e m e n
Page 203 and 204: P R I N C I P A L F I N A N C I A L
Page 205 and 206: P R I N C I P A L F I N A N C I A L
Page 207 and 208: Notes to the Financial Statements (
Page 209 and 210: N O T E S T O T H E F I N A N C I A
Page 237: N O T E S T O T H E F I N A N C I A
Page 261: Consolidating Balance Sheet
Page 264 and 265: C O N S O L I D A T I N G B A L A N
Page 267 and 268: R e q u i r e d s u p p l e m e n t
Page 269 and 270: R e q u i r e d s u p p l e m e n t
Page 271: R e q u i r e d S u p p l e m e n t
Page 274 and 275: R E Q U I R E D S U P P L E M E N T
Page 285 and 286: I n d e p e n d e n t A u d i t o r
Page 287 and 288: I n d e p e n d e n t A u d i t o r
Page 289 and 290:
I n d e p e n d e n t A u d i t o r
Page 291 and 292:
Page 293 and 294:
Page 295 and 296:
Page 297 and 298:
Page 299:
A p p e n d i c e s
Page 302 and 303:
Page 304 and 305:
Page 306 and 307:
Page 308 and 309:
Page 310 and 311:
Page 312 and 313:
Page 314 and 315:
Page 316 and 317:
Page 318 and 319:
Page 320 and 321:
Page 322 and 323:
Page 324 and 325:
Page 326 and 327:
Page 328 and 329:
Page 330 and 331:
Page 332 and 333:
Page 334 and 335:
Page 336 and 337:
Page 338 and 339:
Page 340 and 341:
Page 342 and 343:
Page 344 and 345:
Page 346 and 347:
Page 348 and 349:
Page 350 and 351:
Page 352 and 353:
Page 354 and 355:
Page 356 and 357:
Page 358 and 359:
APPENDIX B: Discontinued or Changed
Page 360 and 361:
Page 362 and 363:
Page 364 and 365:
Page 366 and 367:
A P P E N D I x C : P e r f o r m a
Page 368 and 369:
Page 370 and 371:
Page 372 and 373:
Page 374 and 375:
Page 376 and 377:
Page 378 and 379:
Page 380 and 381:
Page 382 and 383:
Page 384 and 385:
Page 386 and 387:
Page 388 and 389:
Page 390 and 391:
Page 392 and 393:
Page 394 and 395:
Page 396 and 397:
Page 398 and 399:
Page 400 and 401:
Page 402 and 403:
Page 404 and 405:
Page 406 and 407:
Page 408 and 409:
Page 410 and 411:
Page 412 and 413:
Page 414 and 415:
Page 416 and 417:
A P P E N D I x D : I m p r o p e r
Page 418 and 419:
A P P E N D I x E : S u m m a r y o
Page 420 and 421:
A P P E N D I X F : G L O S S A R Y
Page 422 and 423:
A P P E N D I X F : G L O S S A R Y
Page 424:
D E PA R T M E N T O F C O M M E R
show all

United States DEPARTMENT of Commerce

Create successful ePaper yourself

Delete template?

Save as template?