Non-exchange revenues reported on the Consolidated
Statement of Changes in Net Position in 2005 and 2004 consisted of the following:
(Dollars in thousands) |
2005 |
|
2004 |
|
|
|
|
|
|
|
Employer taxes |
|
|
|
|
Unemployment Trust Fund |
|
|
|
|
|
Federal unemployment taxes |
$6,810,122 |
|
$6,514,194 |
|
|
State unemployment taxes |
33,151,082 |
|
24,678,538 |
|
|
|
|
39,961,204 |
|
31,192,732 |
|
Black Lung Disability Trust Fund excise
taxes |
610,417 |
|
506,081 |
|
|
|
|
40,571,621 |
|
31,698,813 |
|
|
|
|
|
|
|
Interest |
|
|
|
|
|
Unemployment Trust Fund |
2,586,064 |
|
3,447,565 |
|
Longshore and Harbor Workers' Trust Fund |
1,007 |
|
511 |
|
District of Columbia Trust Fund |
63 |
|
48 |
|
Panama Canal Commission Compensation Fund |
3,915 |
|
6,155 |
|
Energy Employees Occupational Illness Compensation
Fund |
1,722 |
|
263 |
|
Black Lung Disability Trust Fund |
644 |
|
(497) |
|
|
|
|
2,593,415 |
|
3,454,045 |
Assessments |
|
|
|
|
|
Longshore and Harbor Workers' Trust Fund |
133,566 |
|
127,661 |
|
District of Columbia Trust Fund |
11,216 |
|
9,510 |
|
Other |
|
533 |
|
552 |
|
|
|
|
145,315 |
|
137,723 |
|
|
|
|
Reimbursement of unemployment benefits from state
and local governments and non-profit organizations to the Unemployment
Trust Fund |
1,857,193 |
|
2,050,363 |
|
|
|
|
|
|
|
|
|
|
|
$45,167,544 |
|
$37,340,944 |
Transfers
from (to) other Federal agencies in 2005 and 2004 consisted of the following:
(Dollars in thousands) |
|
|
|
|
|
|
|
|
Budgetary financing sources |
|
|
|
|
From DOL general fund unexpended appropriation |
|
|
|
|
accounts to the DOL Working Capital Fund |
|
|
|
|
|
|
|
|
Other financing sources |
|
|
|
|
Liability for EEOICPA, Part D, from the Department of Energy |
|
|
|
|
Liability for RECA, Section 5, from the Department of Justice |
|
|
|
|
From General Services Administration |
|
|
|
|
To General Services Administration |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A. Apportionment
Categories of Obligations Incurred
Obligations incurred
reported on the Combined Statement of Budgetary Resources in 2005
and 2004 consisted of the following:
(Dollars in thousands) |
|
|
|
|
|
|
|
|
|
|
|
Direct Obligations |
|
|
|
|
|
Category A |
|
|
|
|
|
|
Category B |
|
|
|
|
|
|
Exempt from apportionment |
|
|
|
|
|
|
|
|
|
|
Total direct obligations |
|
|
|
|
|
|
|
|
|
|
|
Reimbursable Obligations |
|
|
|
|
|
Category A |
|
|
|
|
|
|
Category B |
|
|
|
|
|
|
|
|
|
|
|
|
Total reimbursable obligations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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, 2005 has not been published as of the issue date
of these financial statements. This document will be available in February
2005. In addition, the reconciliation of the SF133 and the Statement of
Budgetary Resources will be performed in Fiscal Year 2005 after the Department
receives the final SF 133 reports from Trust Funds and allocated accounts.
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, 2004 is shown below.
(Dollars in millions) |
Budgetary Resources |
|
Obligations Incurred |
|
Total Outlays |
|
|
|
|
|
|
|
Consolidated Statement of Budgetary Resources |
$67,890 |
|
$64,313 |
|
$58,201 |
|
|
|
|
|
|
|
|
Pension Benefit Guaranty Corporation reported separately |
15,627 |
|
3,168 |
|
(247) |
|
Overstatement of unemployment taxes in the Budget |
|
|
|
|
|
|
of the United States |
300 |
|
- |
|
- |
|
Overstatement of draws for unemployment benefits in the |
|
|
|
|
|
|
Budget of the United States |
- |
|
300 |
|
300 |
|
Accruals not reported in the budget |
325 |
|
325 |
|
- |
|
Amounts in the budget not included in the Consolidated |
|
|
|
|
|
|
Statement of Budgetary Resources |
50 |
|
49 |
|
87 |
|
Amounts in the Consolidated Statement of Budgetary Resources |
|
|
|
|
|
|
not included in the budget |
(18) |
|
- |
|
- |
|
Expired accounts |
(871) |
|
(199) |
|
- |
|
|
|
|
|
|
|
Budget of the United States Government |
$83,303 |
|
$67,956 |
|
$58,341 |
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, 2004, reclassified from
unobligated balances to UTF unavailable collections, is presented below.
(Dollars in millions) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unemployment Trust Fund unavailable collections,
beginning |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Budget authority from current year appropriations |
|
|
|
|
|
|
Less obligations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Excess of obligations over budget authority |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unemployment Trust Fund unavailable collections,
ending |
|
|
|
|
|
Custodial
revenues in 2005 consisted of the following:
(Dollars in thousands) |
|
|
|
|
|
|
Increase
(Decrease) in
Amounts to
be Collected
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Civil monetary penalties |
|
|
|
|
|
|
|
|
|
|
OSHA |
|
|
|
|
|
|
|
|
|
|
|
MSHA |
|
|
|
|
|
|
|
|
|
|
|
EBSA |
|
|
|
|
|
|
|
|
|
|
|
ESA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ETA disallowed grant costs |
|
|
|
|
|
|
|
|
|
Other |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Custodial revenues in 2004 consisted of
the following: |
|
|
|
|
|
|
|
(Dollars in thousands) |
|
|
|
|
|
|
|
Increase
(Decrease) in
Amounts to
be Collected
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Civil monetary penalties |
|
|
|
|
|
|
|
|
|
|
OSHA |
|
|
|
|
|
|
|
|
|
|
|
MSHA |
|
|
|
|
|
|
|
|
|
|
|
EBSA |
|
|
|
|
|
|
|
|
|
|
|
ESA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ETA disallowed grant costs |
|
|
|
|
|
|
|
|
|
Other |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DOL
is responsible for the operation of four major trust funds. The financial
position of each trust fund as of September 30,
2005 is shown below.
(Dollars in thousands) |
|
|
|
|
Longshore
and Harbor
Workers'
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Intra-governmental |
|
|
|
|
|
|
|
|
|
Funds with U.S. Treasury |
|
|
|
|
|
|
|
|
|
Investments |
|
|
|
|
|
|
|
|
|
Accounts receivable, net |
|
|
|
|
|
|
|
|
|
|
Due from other Federal agencies |
|
|
|
|
|
|
|
|
|
|
for UCX and UCFE benefits |
|
|
|
|
|
|
|
|
|
Interest receivable from investments |
|
|
|
|
|
|
|
|
Total intra-governmental |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accounts receivable, net |
|
|
|
|
|
|
|
|
|
State unemployment tax |
|
|
|
|
|
|
|
|
|
Due from reimbursable employers |
|
|
|
|
|
|
|
|
|
Benefit overpayments |
|
|
|
|
|
|
|
|
|
Other |
|
|
|
|
|
|
|
|
Advances to states |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
Intra-governmental |
|
|
|
|
|
|
|
|
|
Accounts payable to DOL agencies |
|
|
|
|
|
|
|
|
|
Advances from U.S. Treasury |
|
|
|
|
|
|
|
|
|
Amounts held for the Railroad |
|
|
|
|
|
|
|
|
|
Retirement Board |
|
|
|
|
|
|
|
|
Total intra-governmental |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued benefits |
|
|
|
|
|
|
|
|
Other |
|
|
|
|
|
|
|
Total liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net position |
|
|
|
|
|
|
|
|
Cumulative results of operations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total liabilities and net position |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in thousands) |
|
|
|
|
Longshore
and Harbor
Workers'
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost, net of earned revenues |
|
|
|
|
|
|
|
|
Benefits |
$(31,980,909) |
|
$(327,860) |
|
$(130,883) |
|
$(10,700) |
|
Interest |
(2,699) |
|
(674,894) |
|
|
|
|
|
Administrative |
(288,968) |
|
(212) |
|
|
|
|
|
|
|
|
(32,272,576) |
|
(1,002,966) |
|
(130,883) |
|
(10,700) |
|
Earned revenue |
783,657 |
|
|
|
|
|
|
|
|
|
|
(31,488,919) |
|
(1,002,966) |
|
(130,883) |
|
(10,700) |
|
|
|
|
|
|
|
|
|
|
|
Net financing sources |
|
|
|
|
|
|
|
|
Taxes |
39,961,204 |
|
610,417 |
|
|
|
|
|
Interest |
2,586,064 |
|
646 |
|
1,007 |
|
62 |
|
Assessments |
1,857,193 |
|
|
|
133,566 |
|
11,217 |
|
Transfers-in |
|
|
|
|
|
|
|
|
|
DOL Entities |
150 |
|
|
|
|
|
|
|
Transfers-out |
|
|
|
|
|
|
|
|
|
DOL entities |
(3,815,031) |
|
(56,662) |
|
(2,023) |
|
|
|
|
|
|
40,589,580 |
|
554,401 |
|
132,550 |
|
11,279 |
|
Net results of operations |
9,100,661 |
|
(448,565) |
|
1,667 |
|
579 |
|
|
|
|
|
|
|
|
|
|
|
Net position, beginning of period |
45,395,852 |
|
(8,711,444) |
|
24,142 |
|
1,027 |
|
|
|
|
|
|
|
|
|
|
|
Net position, end of period |
$54,496,513 |
|
$(9,160,009) |
|
$25,809 |
|
$1,606 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in thousands) |
|
|
|
|
Longshore
and Harbor
Workers'
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Intra-governmental |
|
|
|
|
|
|
|
|
|
Funds with U.S. Treasury |
$157,591 |
|
$43,777 |
|
$465 |
|
$2 |
|
|
Investments |
45,239,381 |
|
|
|
69,653 |
|
5,007 |
|
|
Accounts receivable, net |
|
|
|
|
|
|
|
|
|
|
Due from other Federal agencies |
|
|
|
|
|
|
|
|
|
|
for UCX and UCFE benefits |
333,918 |
|
|
|
|
|
|
|
|
Interest receivable from investments |
577,341 |
|
|
|
|
|
|
|
Total intra-governmental |
46,308,231 |
|
43,777 |
|
70,118 |
|
5,009 |
|
|
|
|
|
|
|
|
|
|
|
|
Accounts receivable, net |
|
|
|
|
|
|
|
|
|
State unemployment tax |
198,872 |
|
|
|
|
|
|
|
|
Due from reimbursable employers |
620,416 |
|
|
|
|
|
|
|
|
Benefit overpayments |
196,156 |
|
9,651 |
|
|
|
|
|
|
Other |
|
|
1,003 |
|
1,317 |
|
280 |
|
Advances to states |
623,172 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets |
$47,946,847 |
|
$54,431 |
|
$71,435 |
|
$5,289 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in thousands) |
|
|
|
|
Longshore
and Harbor
Workers'
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
Intra-governmental |
|
|
|
|
|
|
|
|
|
Accounts payable to DOL agencies |
$1,336,263 |
|
$ |
|
$ |
|
$ |
|
|
Advances from U.S. Treasury |
|
|
8,740,557 |
|
|
|
|
|
|
Amounts held for the Railroad |
|
|
|
|
|
|
|
|
|
Retirement Board |
86,209 |
|
|
|
|
|
|
|
Total intra-governmental |
1,422,472 |
|
8,740,557 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued benefits |
1,128,523 |
|
25,318 |
|
3,155 |
|
283 |
|
Other |
|
|
|
|
44,138 |
|
3,979 |
Total liabilities |
2,550,995 |
|
8,765,875 |
|
47,293 |
|
4,262 |
|
|
|
|
|
|
|
|
|
|
|
Net position |
|
|
|
|
|
|
|
|
Cumulative results of operations |
45,395,852 |
|
(8,711,444) |
|
24,142 |
|
1,027 |
|
|
|
|
|
|
|
|
|
|
|
Total liabilities and net position |
$47,946,847 |
|
$54,431 |
|
$71,435 |
|
$5,289 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in thousands) |
|
|
|
|
Longshore
and Harbor
Workers'
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost, net of earned revenues |
|
|
|
|
|
|
|
|
Benefits |
$(41,424,320) |
|
$(344,340) |
|
$(133,560) |
|
$(10,800) |
|
Interest |
(3,421) |
|
(650,579) |
|
|
|
|
|
Administrative |
(293,243) |
|
(60) |
|
|
|
|
|
|
|
|
(41,720,984) |
|
(994,979) |
|
(133,560) |
|
(10,800) |
|
Earned revenue |
823,315 |
|
|
|
|
|
|
|
|
|
|
(40,897,669) |
|
(994,979) |
|
(133,560) |
|
(10,800) |
|
|
|
|
|
|
|
|
|
|
|
Net financing sources |
|
|
|
|
|
|
|
|
Taxes |
36,810,056 |
|
565,979 |
|
|
|
|
|
Interest |
2,522,421 |
|
309 |
|
421 |
|
30 |
|
Assessments |
2,411,887 |
|
|
|
135,813 |
|
10,352 |
|
Transfers-in |
|
|
|
|
|
|
|
|
|
Treasury |
80,000 |
|
|
|
|
|
|
|
|
DOL entities |
721,054 |
|
|
|
|
|
|
|
Transfers-out |
|
|
|
|
|
|
|
|
|
DOL entities |
(3,829,105) |
|
(55,743) |
|
(2,021) |
|
|
|
|
|
|
38,716,313 |
|
510,545 |
|
134,213 |
|
10,382 |
|
Net results of operations |
(2,181,356) |
|
(484,434) |
|
653 |
|
(418) |
|
|
|
|
|
|
|
|
|
|
|
Net position, beginning of period |
47,577,208 |
|
(8,227,010) |
|
23,489 |
|
1,445 |
|
|
|
|
|
|
|
|
|
|
|
Net position, end of period |
$45,395,852 |
|
$(8,711,444) |
|
$24,142 |
|
$1,027 |
|
|
|
|