DOL Annual Report, Fiscal Year 2003
Principal Financial Statements and Notes Cont.

NOTE 11 - OTHER LIABILITIES

Other liabilities at September 30, 2003 and 2002 consisted of the following current liabilities:

(Dollars in thousands)		2003		2002

Intra-governmental
Accrued payroll and benefits	$	6,314	$	13,901
Unearned FECA assessments		44,577		27,110
Non-entity receipts due to U.S. Treasury		61,506		60,801
Amounts held for the Railroad Retirement Board		55,806		28,268
Advances from other Federal agencies		1,981		1,655
Total intra-governmental		170,184		131,735

Accrued payroll and benefits		34,539		28,531
Due to Backwage recipients		58,354		48,882
Unearned assessment revenue		44,653		38,253
Deposit and clearing accounts		38,561		29,211
Readjustment allowances and other Job Corps liabilities		86,518		58,642
Other advances		7,500		7,642
		270,125		211,161

	$	440,309	$	342,896

NOTE 12 - LIABILITIES NOT COVERED BY BUDGETARY RESOURCES

Liabilities not covered by budgetary resources at September 30, 2003 and 2002 consisted of the following:

(Dollars in thousands)		2003		2002

Intra-governmental
Advances from U.S. Treasury	$	8,243,557	$	7,718,557

Future workers' compensation benefits		280,398		272,977
Accrued annual leave		93,324		89,368
Readjustment allowances and other Job Corps liabilities		86,518		58,642
		460,240		420,987

	$	8,703,797	$	8,139,544

NOTE 13 - PENSION EXPENSE

Pension expense in 2003 consisted of the following:

(Dollars in thousands)		Employer Contributions		Accumulated Costs Imputed by OPM		Total Pension Expense


Civil Service Retirement System	$	39,378	$	48,827	$	88,205
Federal Employees' Retirement System		65,834		2,954		68,788
Thrift Savings Plan		25,755		-		25,755

	$	130,967	$	51,781	$	182,748

Pension expense in 2002 consisted of the following:

(Dollars in thousands)		Employer Contributions		Accumulated Costs Imputed by OPM		Total Pension Expense


Civil Service Retirement System	$	40,886	$	42,444	$	83,330
Federal Employees' Retirement System		58,935		-		58,935
Thrift Savings Plan		22,831		-		22,831

	$	122,652	$	42,444	$	165,096

NOTE 14 - PROGRAM COST

Schedules A, B, and C present detailed cost and revenue information by suborganization (responsibility segment) for programs in the Department, the Employment and Training Administration, and the Employment Standards Administration in support of the summary information presented in the Consolidated Statement of Net Cost for 2003.

Cost and revenue by suborganization for the nine outcome goals adopted in the Department's Annual Performance Plan for FY 2003, submitted under the requirements of the Government Performance and Review Act (GPRA), are presented in schedule D.

Detailed cost and revenue information by budget function for 2003 is presented in Schedule E and intra governmental cost and revenue information by budget function for 2003 is presented in Schedule F.

A. Consolidating Statement of Net Cost by Suborganization

Net cost by suborganization for the year ended September 30, 2003 consisted of the following:

(Dollars in thousands)		Employment and Training Administration		Employment Standards Administration		Occupational Safety and Health Administration		Bureau of Labor Statistics		Mine Safety and Health Administration		Employee Benefits Security Administration		Veterans' Employment and Training		Other Departmental Programs		Eliminations		Total

CROSSCUTTING PROGRAMS
Income maintenance
Intra-governmental	$	169,269	$	711,102	$	-	$	-	$	-	$	-	$	-	$	2,747	$	(30,724)	$	852,394
With the public		58,047,556		2,750,513		-		-		-		-		-		5,332		5,139		60,808,540
Total cost		58,216,825		3,461,615		-		-		-		-		-		8,079		(25,585)		61,660,934
Less earned revenue		(633,588)		(2,407,747)		-		-		-		-		-		-		25,585		(3,015,750)
Net program cost		57,583,237		1,053,868		-		-		-		-		-		8,079		-		58,645,184

Employment and training
Intra-governmental		62,255		-		-		-		-		-		10,398		384		(29,328)		43,709
With the public		6,959,849		-		-		-		-		-		208,563		972		29,351		7,198,735
Total cost		7,022,104		-		-		-		-		-		218,961		1,356		23		7,242,444
Less earned revenue		(17,607)		-		-		-		-		-		-		-		(23)		(17,630)
Net program cost		7,004,497		-		-		-		-		-		218,961		1,356		-		7,224,814

Labor, employment and pension
standards
Intra-governmental		-		106,262		-		-		-		42,054		624		31,543		(42,373)		138,110
With the public		-		232,908		-		-		-		113,054		12,373		59,826		41,697		459,858
Total cost		-		339,170		-		-				155,108		12,997		91,369		(676)		597,968
Less earned revenue		-		(1,879)		-		-		-		(9,441)		-		-		676		(10,644)
Net program cost		-		337,291		-		-		-		145,667		12,997		91,369		-		587,324

Worker safety and health
Intra-governmental		-		-		105,801		-		94,387		-		-		201		(42,050)		158,339
With the public		-		-		397,210		-		203,052		-		-		507		42,050		642,819
Total cost		-		-		503,011		-		297,439		-		-		708		-		801,158
Less earned revenue		-		-		(4,547)		-		(804)		-		-		-		-		(5,351)
Net program cost		-		-		498,464		-		296,635		-		-		708		-		795,807

OTHER PROGRAMS
Statistics
Intra-governmental		-		-		-		182,072		-		-		-		225		(14,045)		168,252
With the public		-		-		-		346,741		-		-		-		574		12,453		359,768
Total cost		-		-		-		528,813		-		-		-		799		(1,592)		528,020
Less earned revenue		-		-		-		(6,030)		-		-		-		-		1,592		(4,438)
Net program cost		-		-		-		522,783		-		-		-		799		-		523,582

Cost not assigned to programs		-		-		-		-		-		-		-		126,691		(552)		126,139
Less earned revenue not
attributed to programs		-		-		-		-		-		-		-		(30,221)		552		(29,669)
Net cost not assigned to programs		-		-		-		-		-		-		-		96,470		-		96,470

Net cost of operations	$	64,587,734	$	1,391,159	$	498,464	$	522,783	$	296,635	$	145,667	$	231,958	$	198,781	$	-	$	67,873,181

B. Consolidating Statement of Net Cost - Employment and Training Administration

Net cost of the Employment and Training Administration for the year ended September 30, 2003 consisted of the following:

(Dollars in thousands)		Employment Security		Training and Employment Programs		Eliminations		Total

CROSSCUTTING PROGRAMS
Income maintenance
Benefits	$	53,423,986	$	62	$	-	$	53,424,048
Grants		4,336,284		-		-		4,336,284
Interest		3,350		-		-		3,350
Other		452,899		7,244		(7,000)		453,143
Total cost		58,216,519		7,306		(7,000)		58,216,825
Less earned revenue		(640,588)		-		7,000		(633,588)
Net program cost		57,575,931		7,306		-		57,583,237
Employment and training
Benefits		-		25,496		-		25,496
Grants		-		6,776,529		-		6,776,529
Other		-		220,079		-		220,079
Total cost		-		7,022,104		-		7,022,104
Less earned revenue		-		(17,607)		-		(17,607)
Net program cost		-		7,004,497		-		7,004,497

Net cost of operations	$	57,575,931	$	7,011,803	$	-	$	64,587,734