Accounting Requirements for RUS Electric and Telecommunications Borrowers

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
FINAL-Support Statement - 0572-0003.doc	Supporting Statement A	Uploaded 2011-11-28	Available
Title 7 Part 1767.docx	Supplementary Document	Uploaded 2011-11-16	Available
Copy of FINAL 2011 -Form 36 - spreaedsheet0572-0003.xls	Supplementary Document	Uploaded 2011-11-16	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
1757	Accounting Requirements for RUS Electric and Telecommunications Borrowers		Modified

ICR Details

OMB Control No: 0572-0003	ICR Reference No: 201108-0572-001
Status: Historical Active	Previous ICR Reference No: 200805-0572-001
Agency/Subagency: USDA/RUS	Agency Tracking No:
Title: Accounting Requirements for RUS Electric and Telecommunications Borrowers
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 02/03/2012
	Date Received in OIRA: 12/13/2011
Terms of Clearance: In accordance with 5 CFR 1320, the information collection is approved for three years. The agency is reminded that it should have in place an internal planning process so that non-emergency extension requests are submitted to OMB sufficiently prior to the expiration date of the collection to allow for a 60-day period of OMB review. This planning process should take into account the public notification and comment period required by 5 CFR 1320.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2015	36 Months From Approved	02/29/2012
Responses	1,150	0	2,598
Time Burden (Hours)	31,050	0	31,752
Cost Burden (Dollars)	0	0	0

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Abstract: The regulations supported by this information collection package set forth basic requirements for maintaining accounting records on an accrual basis.

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Authorizing Statute(s): US Code: 7 USC 901 Name of Law: The Rural Electrification Act of 1936
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	76 FR 50452	08/15/2011
30-day Notice:	Federal Register Citation:	Citation Date:
	76 FR 77478	12/13/2011
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
Accounting Requirements for RUS Electric and Telecommunications Borrowers

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ICR Summary of Burden

table that charts list of burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	1,150	2,598	0	0	-1,448	0
Annual Time Burden (Hours)	31,050	31,752	0	0	-702	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: There is an adjustment decrease of -702 burden hours attributed to 26 fewer respondents due to a decrease in the number of RUS financed borrowers in the telecommunciations and electric programs.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 12/13/2011

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