Revitalizing Base Closure Communities, Economic Development Conveyance Annual Financial Statement

Forms and Documents

Document Name	Status
Supporting Statement.pdf Supporting Statement A	2012-09-20

IC Document Collections

IC ID	Document Title	Status
5656	Revitalizing Base Closure Communities, Economic Development Conveyance Annual Financial Statement	Modified

ICR Details

OMB Control No: 0790-0004	ICR Reference No: 201209-0790-001
Status: Historical Active	Previous ICR Reference No: 200801-0790-001
Agency/Subagency: DOD/OS	Agency Tracking No:
Title: Revitalizing Base Closure Communities, Economic Development Conveyance Annual Financial Statement
Type of Information Collection: Reinstatement without change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 10/09/2012
	Date Received in OIRA: 09/07/2012
Terms of Clearance: This collection is approved based on the revised materials provided by the Department.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2015	36 Months From Approved
Responses	40	0	0
Time Burden (Hours)	1,600	0	0
Cost Burden (Dollars)	15,080	0	0

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Abstract: Section 2821 of the National Defense Authorization Act for FY 2000 (Pub. L. 106-65) authorizes DoD to transfer base closure property to Local Reuse Authorities (LRAs) under Economic Development Conveyances (EDCs) at no cost to stimulate economic redevelopment and long-term job creation, and to modify existing EDCs. No cost EDC agreements require the LRA to reinvest proceeds from use of the EDC property for 7 years. The Military Departments require an annual financial statement certified by an independent CPA to monitor this provision. The annual reporting requirement may be modified for rural communities.

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Authorizing Statute(s): PL: Pub.L. 106 - 65 2821 Name of Law: null
  

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:
	77 FR 35661	06/14/2012
30-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 46413	08/03/2012
Did the Agency receive public comments on this ICR? No

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

IC Title	Form No.	Form Name
Revitalizing Base Closure Communities, Economic Development Conveyance Annual Financial Statement

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ICR Summary 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	40	0	0	0	-39	79
Annual Time Burden (Hours)	1,600	0	0	0	-1,560	3,160
Annual Cost Burden (Dollars)	15,080	0	0	0	-972,420	987,500

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: Decrease in respondents.

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Annual Cost to Federal Government: $13,641

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: 09/07/2012

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