Accounting Requirements for RUS Electric and Telecommunications Borrowers

Forms and Documents

Document Name	Status
2015 FINAL - SS 0572-0003 - 1-2015.doc Supporting Statement A	2015-01-05
Title 7 Part 1767.docx Supplementary Document	2014-11-24
2014 - FINAL-Form 36-spreadsheet 0572-0003-11-2014.xls Supplementary Document	2014-11-24

IC Document Collections

IC ID	Document Title	Status
1757	Accounting Requirements for RUS Electric and Telecommunications Borrowers	Modified

ICR Details

OMB Control No: 0572-0003	ICR Reference No: 201411-0572-001
Status: Historical Active	Previous ICR Reference No: 201108-0572-001
Agency/Subagency: USDA/RUS	Agency Tracking No:
Title: Accounting Requirements for RUS Electric and Telecommunications Borrowers
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 03/19/2015
	Date Received in OIRA: 01/12/2015
Terms of Clearance: In accordance with 5 CFR 1320, the information collection is approved for three years.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2018	36 Months From Approved	03/31/2015
Responses	1,050	0	1,150
Time Burden (Hours)	28,350	0	31,050
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:
	79 FR 65175	11/03/2014
30-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 1493	01/12/2015
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
Accounting Requirements for RUS Electric and Telecommunications Borrowers

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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	1,050	1,150	0	0	-100	0
Annual Time Burden (Hours)	28,350	31,050	0	0	-2,700	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 -2700 burden hours attributed to 100 fewer respondents due to a decrease in the number of RUS financed borrowers in the Electric and Telecommunications programs.

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Annual Cost to Federal Government: $501,795

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: 01/12/2015

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