[Federal Register: August 27, 2003 (Volume 68, Number 166)]
[Notices]
[Page 51585-51586]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr27au03-91]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-4817-N-11]
Notice of Proposed Information Collection for Public Comment--
Public Housing Financial Management Template
AGENCY: Office of the Assistant Secretary for Public and Indian
Housing, HUD.
ACTION: Notice.
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SUMMARY: The proposed information collection requirement described
below will be submitted to the Office of Management and Budget (OMB)
for review, as required by the Paperwork Reduction Act. The Department
is soliciting public comments on the subject proposal.
DATES: Comments Due Date: October 27, 2003.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposal. Comments should refer to the proposal by name and/or OMB
Control number and should be sent to: Mildred M. Hamman, Reports
Liaison Officer, Public and Indian Housing, Department of Housing and
Urban Development, 451 7th Street, SW., Room 4249, Washington, DC
20410-5000.
FOR FURTHER INFORMATION CONTACT: Mildred M. Hamman, (202) 708-0614,
extension 4128, for copies of the proposed forms and other available
documents. (This is not a toll-free number).
SUPPLEMENTARY INFORMATION: The Department will submit the proposed
information collection to OMB for review, as required by the Paperwork
Reduction Act of 1995 (44 U.S.C. chapter 35, as amended).
This notice is soliciting comments from members of the public and
affected agencies concerning the proposed collection of information to:
(1) Evaluate whether the proposed collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility; (2)
evaluate the accuracy of the agency's estimate of the burden of the
proposed collection of information; (3) enhance the quality, utility,
and clarity of the
[[Page 51586]]
information to be collected; and (4) minimize the burden of the
collection of information on those who are to respond, including
through the use of appropriate automated collection techniques or other
forms of information technology; e.g., permitting electronic submission
of responses.
The Public Housing Financial Management template is the set of
documents on which the Department collects financial information from
Public Housing Agencies (PHAs). Pursuant to the Public Housing
Assessment System (PHAS) regulation, PHAs annually submit both
unaudited and audited financial information to the Department using the
financial management template. In accordance with HUD regulatory
requirements, PHAs enter the financial information on the template and
electronically submit to HUD.
This notice also lists the following information:
Title of Proposal: Public Housing Financial Management Template.
OMB Control Number: 2535-0107.
Description of the need for the information and proposed use: The
Uniform Financial Reporting Standards (UFRS) for HUD Housing Programs
requires PHAs to submit financial data electronically, using Generally
Accepted Accounting Principles (GAAP), in a prescribed format. The
financial management template is that format. HUD uses the financial
information it collects from PHAs to assist in the evaluation and
assessment of the PHAs overall condition. Requiring PHAs to report
electronically has enabled HUD to provide a more comprehensive
assessment of the PHAs receiving Federal funds.
Agency form numbers, if applicable: Not applicable.
Members of affected public: Local, State, or tribal governments,
not-for-profit institutions.
Estimation of the total number of hours needed to prepare the
information collection including number of respondents, frequency of
response, and hours of response: 3,173 PHAs; annual submission per PHA;
average hours for PHA response is 10 hours; the total reporting burden
is 31,961 hours.
Status of the proposed information collection: Extension of a
currently approved collection.
Authority: Section 3506 of the Paperwork Reduction Act of 1995,
44 U.S.C. chapter 35, as amended.
Dated: August 20, 2003.
Michael Liu,
Assistant Secretary for Public and Indian Housing.
[FR Doc. 03-21929 Filed 8-26-03; 8:45 am]
BILLING CODE 4210-33-P