Note 17 Explanation of Differences between the Statement of Budgetary Resources and the Budget of – the U.S. Government There were no material differences between the Combined Statement of Budgetary Resources (SBR) for FY 2016 and the amounts presented in the FY 2018 President’s Budget. The FY 2019 Budget of the United (President’s Budget) with actual numbers for FY 2017 has not been published. Pursuant States Government to 31 USC § 1105, the will be released the first Monday in Budget of the United States Government February, and will be available at the following website: http:/www.whitehouse.gov/omb. Note 18 Custodial Revenues – In accordance with the provisions of Statement of Federal Financial Accounting Standards (SFFAS) 7, the Commission collects non-exchange revenues Accounting for Revenue & Other Financing Sources, related to miscellaneous receipts and fines and forfeitures to the Treasury General Fund. Additionally, there is exchange revenue reported on the Statement of Custodial Activity associated with the radio spectrum auction proceeds. For more information, refer to Note 1 M. Note 19 Reconciliation of Net Cost of Operations (Proprietary) to Budget (Formerly the Statement of – Financing) As of September 30, 2017 and 2016: Note 20 Subsequent Event – On October 16, 2017, the Commission released a Public Notice (PN) regarding the initial reimbursement allocation of the TV Broadcaster Relocation Fund for eligible broadcasters and MVPDs. In the PN (DA- the Commission established a total allocation slightly over $1 billion to reimburse eligible entities for
Note 17 – Explanation of Differences between the Statement of Budgetary Resources and the Budget of the U.S. Government There were no material differences between the Combined Statement of Budgetary Resources (SBR) for FY 2016 and the amounts presented in the FY 2018 President’s Budget. The FY 2019 Budget of the United States Government (President’s Budget) with actual numbers for FY 2017 has not been published. Pursuant to 31 USC § 1105, the Budget of the United States Government will be released the first Monday in February, and will be available at the following website: http:/www.whitehouse.gov/omb. Note 18 – Custodial Revenues In accordance with the provisions of Statement of Federal Financial Accounting Standards (SFFAS) 7, Accounting for Revenue & Other Financing Sources, the Commission collects non-exchange revenues related to miscellaneous receipts and fines and forfeitures to the Treasury General Fund. Additionally, there is exchange revenue reported on the Statement of Custodial Activity associated with the radio spectrum auction proceeds. For more information, refer to Note 1 M. Note 19 – Reconciliation of Net Cost of Operations (Proprietary) to Budget (Formerly the Statement of Financing) As of September 30, 2017 and 2016: Note 20 – Subsequent Event On October 16, 2017, the Commission released a Public Notice (PN) regarding the initial reimbursement allocation of the TV Broadcaster Relocation Fund for eligible broadcasters and MVPDs. In the PN (DA- the Commission established a total allocation slightly over $1 billion to reimburse eligible entities for
DOC-347780A1.docx