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

NOTE 16 - TRANSFERS WITHOUT REIMBURSEMENT

Transfers from (to) other Federal agencies in 2003 and 2002 consisted of the following:

(Dollars in thousands)		2003		2002

Budgetary financing sources
From DOL general fund unexpended appropriation
accounts to the DOL Working Capital Fund	$	3,000	$	3,000

Other financing sources
From General Services Administration		2,123		3,009
To General Services Administration		(2,809)		(662)
		(686)		2,347
	$	2,314	$	5,347

NOTE 17 - STATUS OF BUDGETARY RESOURCES

A. Apportionment Categories of Obligations Incurred

Obligations incurred reported on the Combined Statement of Budgetary Resources in 2003 and 2002 consisted of the following:

(Dollars in thousands)		2003		2002

Direct Obligations
Category A	$	3,815,410	$	3,748,936
Category B		10,265,880		9,843,443
Exempt from apportionment		58,650,191		56,907,290

Total direct obligations		72,731,481		70,499,669

Reimbursable Obligations
Category A		150,970		174,901
Category B		2,444,032		2,388,904

Total reimbursable obligations		2,595,002		2,563,805

	$	75,326,483	$	73,063,474

B. Permanent Indefinite Appropriations

The Department of Labor's permanent indefinite appropriations include all trust funds, the Federal Employees' Compensation Act Special Benefit Fund, the Panama Canal Commission Compensation Fund, the Energy Employees Occupational Illness Compensation Fund, ETA and ESA H-1b funds, and portions of State Unemployment Insurance and Employment Service Operations and Federal Unemployment Benefits and Allowances. These funds are described in Note 1-A.3.

C. Legal Arrangements Affecting Use of Unobligated Balances

Unemployment Trust Fund receipts are reported as budget authority in the Consolidated Statement of Budgetary Resources. The portion of UTF receipts collected in excess of amounts needed to pay benefits and other valid obligations are precluded by law from being available for obligation at year end. Therefore, these excess receipts are not classified as budgetary resources in the Consolidated Statement of Budgetary Resources and are not included in unobligated balances in the status of budgetary resources included in that Statement. All excess receipts are reported as assets of the UTF and are included in the Consolidated Balance Sheet. They will become available for obligation as needed in the future.

D. Explanation of Differences Between the Statement of Budgetary Resources and the Budget of the United States Government

The Budget of the United States Government with actual amounts for the year ended September 30, 2003 has not been published as of the issue date of these financial statements. This document will be available in February, 2004.

A reconciliation of budgetary resources, obligations incurred and outlays, as presented in the Consolidated Statement of Budgetary Resources, to amounts included in the Budget of the United States Government for the year ended September 30, 2002 is shown below.

(Dollars in millions)		Budgetary Resources		Obligations Incurred		Total Outlays


Consolidated Statement of Budgetary Resources	$	76,035	$	73,063	$	65,895

Pension Benefit Guaranty Corporation reported separately		14,567	2,108			(965)
Accruals not reported in the budget		(645)	(672)			-
Accounts in the budget not included in the Consolidated
Statement of Budgetary Resources		68	54			54
Unobligated balances transferred to unavailable
receipts in the budget		(38)	-			-
Expired accounts		(550)	(190)			-
Other		3	3			(3)

Budget of the United States Government	$	89,440	$	74,366	$	64,981

Unemployment Trust Fund receipts are reported as budget authority in the Consolidated Statement of Budgetary Resources. The portion of UTF receipts collected in the current year in excess of amounts needed to pay benefits and other valid obligations are precluded by law from being available for obligation. Therefore, these excess receipts are not classified as budgetary resources in the Consolidated Statement of Budgetary Resources. Conversely, when obligations exceed receipts in the current year, amounts are drawn from unavailable collections to meet these obligations. Cumulative excess receipts are not included in unobligated balances in the status of budgetary resources included in that Statement. All excess receipts are reported as assets of the UTF and are included in the Consolidated Balance Sheet. They will become available for obligation as needed in the future.

The cumulative amount of excess UTF receipts are denoted as unavailable collections in the Budget of the United States Government. The cumulative amount of these excess receipts at September 30, 2002, reclassified from unobligated balances to UTF unavailable collections, is presented below.

(Dollars in millions)
		2002

Unemployment Trust Fund unavailable collections, beginning	$	86,672

Budget authority from current year appropriations		33,723
Less obligations		(55,374)

Excess of obligations over budget authority		(21,651)

Unemployment Trust Fund unavailable collections, ending	$	(21,021)

NOTE 18 - SOURCE OF CUSTODIAL REVENUE

Custodial revenues in 2003 consisted of the following:

(Dollars in thousands)		Cash Collections		Less Refunds		Net Cash Collections		Increase (Decrease) in Amounts to be Collected		Total Revenues


Civil monetary penalties
OSHA	$	59,563	$	-	$	59,563	$	(985)	$	58,578
MSHA		16,628		-		16,628		4,532		21,160
EBSA		9,450		-		9,450		(1,520)		7,930
ESA		23,789		(96)		23,693		136		23,829
		109,430		(96)		109,334		2,163		111,497
ETA disallowed grant costs		4,853		(6)		4,847		128		4,975
Other		5,628		-		5,628		-		5,628

	$	119,911	$	(102)	$	119,809	$	2,291	$	122,100

Custodial revenues in 2002 consisted of the following:

(Dollars in thousands)		Cash Collections		Less Refunds		Net Cash Collections		Increase (Decrease) in Amounts to be Collected		Total Revenues


Civil monetary penalties
OSHA	$	59,535	$	-	$	59,535	$	1,585	$	61,120
MSHA		17,888		-		17,888		552		18,440
EBSA		11,429		-		11,429		584		12,013
ESA		15,456		(12)		15,444		865		16,309
		104,308		(12)		104,296		3,586		107,882
ETA disallowed grant costs		9,190		(12)		9,178		(5,652)		3,526
Other		580		(2)		578		-		578

	$	114,078	$	(26)	$	114,052	$	(2,066)	$	111,986

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