34. Reconciliation of Net Cost of Operations to Budget A-136, Section II.3.9.40 The footnotes should include a reconciliation of proprietary and budgetary information in a way that helps users relate the two. The reconciliation should be disclosed for the current and prior years. 35. Entities that disclose the existence of public-private partnerships should disclose the following: A-136, Section II.3.9.41 the purpose, objective, rationale, statutory authority, costs, and benefits of the partnership; the amounts, if known, of Federal and non-Federal funding over the life of the partnership and a description of the funding; . the contractual terms governing payments to and from the partnership (including information on how the expected partnership life was determined, when payments are expected, whether payments are made directly or indirectly, and any non-monetary payments), payments to and from the partnership for the reporting periods, and expected payments over the life of the partnership; information about the contractual risks of loss and potential monetary effects if the risks are/were realized and information about remote risks of loss if included in the terms of the partnership; and amounts recognized on the statements, instances of non-compliance with provisions governing the partnership, borrowing or capital investment by the private entity that is contingent on the promise to pay, and a description of events of termination. reporting entity’s 36. For entities included in the financial statements as disclosure entities, the agency should A-136, Section agency’s disclose information to meet the following objectives: II.3.9.42 The nature of the with the entity or entities; Government’s relationship the nature and magnitude of the relevant activity during the period and balances at the end
34. Reconciliation of Net Cost of Operations to Budget The footnotes should include a reconciliation of proprietary and budgetary information in a way that helps users relate the two. The reconciliation should be disclosed for the current and prior years. A-136, Section II.3.9.40 35. . Entities that disclose the existence of public-private partnerships should disclose the following: the purpose, objective, rationale, statutory authority, costs, and benefits of the partnership; the amounts, if known, of Federal and non-Federal funding over the life of the partnership and a description of the funding; the contractual terms governing payments to and from the partnership (including information on how the expected partnership life was determined, when payments are expected, whether payments are made directly or indirectly, and any non-monetary payments), payments to and from the partnership for the reporting periods, and expected payments over the life of the partnership; information about the contractual risks of loss and potential monetary effects if the risks are/were realized and information about remote risks of loss if included in the terms of the partnership; and amounts recognized on the statements, instances of non-compliance with provisions governing the partnership, borrowing or capital investment by the private entity that is contingent on the reporting entity’s promise to pay, and a description of events of termination. A-136, Section II.3.9.41 36. For entities included in the agency’s financial statements as disclosure entities, the agency should disclose information to meet the following objectives: The nature of the Government’s relationship with the entity or entities; the nature and magnitude of the relevant activity during the period and balances at the end A-136, Section II.3.9.42
FY18-CEAR-Guidelines_Final_1.docx