Form 595 Financial Requirement and Expenditure Statement
Advance of Loan Funds and Budgetary Control and Related Burdens.
UEP_form_595 (2).xls
Advance of Loan Funds and Budgetary Control and Related Burdens.
OMB: 0572-0015
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595, SHEET 2
595, SHEET3
595, SHEET4
INSTRUCTIONS, SHEET 1
INSTRUCTIONS, SHEET 2
Overview
595, SHEET 1595, SHEET 2
595, SHEET3
595, SHEET4
INSTRUCTIONS, SHEET 1
INSTRUCTIONS, SHEET 2
Sheet 1: 595, SHEET 1
Sheet 2: 595, SHEET 2
| USDA - RUS | OMB Control Number 0572-0015 | |||||
| FINANCIAL REQUIREMENT & EXPENDITURE STATEMENT | Expiration Date: 10/31/2015 | |||||
| TO: U.S. DEPARTMENT OF AGRICULTURE, RUS, WASHINGTON, D.C. 20250 | 1. BORROWER DESIGNATION | |||||
| INSTRUCTIONS - SUBMIT ORIGINAL AND TWO COPIES TO RUS, FOR | 0 | |||||
| DETAILED INSTRUCTIONS, SEE INSTRUCTION SHEETS & RUS BULLETIN 26-1 | 2. STATEMENT NO. | 3. DATE SUBMITTED | ||||
| THIS SPACE FOR RUS USE ONLY | ||||||
| DATE RECEIVED | REGISTER NO. | 4. PERIOD ENDING (MONTH & YEAR) | 5. EFFECTIVE DATE OF ADJUSTED AMOUNTS | |||
| PRIMARY BUDGET PURPOSES | CONSOLIDATED | AMOUNTS | TOTAL | TOTAL | CASH | ADVANCE |
| LOAN BUDGET | APPROVED | ADVANCE | EXPENDITURES | BALANCE | NOW | |
| FOR ADVANCE | TO DATE | REQUESTED | ||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) |
| 1 DISTRIBUTION | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | $0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 2 TRANSMISSION | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 3 GENERATION | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 4 HEADQUARTERS FACILITIES | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 5 ACQUISITIONS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 6 ALL OTHER | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| CLOSED BUDGET | 0.00 | 0.00 | 0.00 | 0.00 | ||
| ADJUSTED (RUS USE ONLY) | ||||||
| UNDER STOP ORDER OR CONDITIONAL AGREEMENTS, EXCLUSIVE OF CONCURRENT LOAN STANDARD CONDITIONAL AGREEMENT | 0.00 | |||||
| ADJUSTED (RUS USE ONLY) | ||||||
| TOTALS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | $0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| BREAKDOWN OF AMOUNT UNDER STOP ORDER OR CONDITIONAL AGREEMENT AS SHOWN ABOVE | TOTAL AMOUNT OF NOTES EXECUTED | |||||
| A. DISTRIBUTION | 0.00 | D. HEADQUARTERS | 0.00 | A. RUS | 0.00 | |
| B. TRANSMISSION | 0.00 | E. ACQUISITIONS | 0.00 | B. FFB | 0.00 | |
| C. GENERATION | 0.00 | F. OTHER | 0.00 | C. OTHER | 0.00 | |
| STATUS OF THE | 0 | LOAN UNDER WHICH THIS ADVANCE IS REQUESTED | ||||
| (RUS LOAN DESIGNATION) | ||||||
| ITEM | RUS | FFB | OTHER | TOTAL | ||
| AMOUNT OF LOAN | 0.00 | 0.00 | 0.00 | $0.00 | ||
| AMOUNT UNDER CONCURRENT LOAN CONTROL | 0.00 | |||||
| ADVANCED TO DATE | 0.00 | 0.00 | 0.00 | 0.00 | ||
| CERTIFICATION | ||||||
| Balance in “Cash-Construction Fund-Trustee” account (total of column 6) at the close of the period covered by this report is | $0.00 | |||||
| Subject to approval of RUS, the corporation requests that total of column 7 be advanced under the loan contract. All references herein to “Loan Contract” shall include, | ||||||
| in addition to the RUS loan contract, any Federal Financing Bank – RUS loan commitment agreement with related commitment notice and correspondence concerning | ||||||
| loan terms and conditions. I certify that this amount is required for the purposes designated in accordance with provisions of said loan contract and that proceeds will | ||||||
| be deposited in the “Cash-Construction Fund-Trustee” account of the | 0 | |||||
| bank which is a member of the FDIC and will be disbursed only as herein specified in accordance with the provisions of said contract. I further certify that I have checked | ||||||
| the cash balance shown on this statement in column 6 with the books and records of the corporation and said balances are true and correct and expenditures reported | ||||||
| in Column 5 were used for the purposes and in the amounts authorized by the loan contract and previously approved Financial Requirement and Expenditure Statement. | ||||||
| With respect to concurrent loan funds included in this requisition, if any, the total amount of funds advanced to date under this designated concurrent loan is as | ||||||
| shown above and this request is now made to | 0 | in accordance with the established procedures for | ||||
| Name of Lender | ||||||
| requisitioning and advancing funds under concurrent loans. All loan contract conditions concerning advance of funds under concurrent loans have been met. | ||||||
| 0 | ||||||
| NAME AND ADDRESS OF BORROWER | ||||||
| 0 | ||||||
| SIGNATURE | TITLE - AUTHORIZED CORPORATE OFFICER OR MANAGER | |||||
| RUS USE ONLY | ||||||
|
THE ADJUSTMENTS WHICH MADE THE CHANGES SHOWN AS THE ADJUSTED AMOUNTS ABOVE ARE LISTED ON | |||||
| THE ENCLOSED PHOTOCOPY OF RUS FORM 605 AND REFERRED TO AS REGISTER NO. | ||||||
| THESE CHANGES SHOULD BE RECORDED ON YOUR RECORDS. | ||||||
|
||||||
| THERE HAVE BEEN NO BUDGET ADJUSTMENTS SINCE YOUR LAST STATEMENT WAS PROCESSED. | ||||||
|
|
THE AMOUNT REQUESTED (COLUMN 7) HAS BEEN REDUCED FOR THE FOLLOWING REASONS: | |||||
| RUS FORM 595 REV. 10-2012 | SHEET 2 | |||||
| SEND THIS COPY TO RUS | ||||||
Sheet 3: 595, SHEET3
| USDA - RUS | OMB Control Number 0572-0015 | |||||
| FINANCIAL REQUIREMENT & EXPENDITURE STATEMENT | Expiration Date: 10/31/2015 | |||||
| TO: U.S. DEPARTMENT OF AGRICULTURE, RUS, WASHINGTON, D.C. 20250 | 1. BORROWER DESIGNATION | |||||
| INSTRUCTIONS - SUBMIT ORIGINAL AND TWO COPIES TO RUS, FOR | 0 | |||||
| DETAILED INSTRUCTIONS, SEE INSTRUCTION SHEETS & RUS BULLETIN 26-1 | 2. STATEMENT NO. | 3. DATE SUBMITTED | ||||
| THIS SPACE FOR RUS USE ONLY | ||||||
| DATE RECEIVED | REGISTER NO. | 4. PERIOD ENDING (MONTH & YEAR) | 5. EFFECTIVE DATE OF ADJUSTED AMOUNTS | |||
| PRIMARY BUDGET PURPOSES | CONSOLIDATED | AMOUNTS | TOTAL | TOTAL | CASH | ADVANCE |
| LOAN BUDGET | APPROVED | ADVANCE | EXPENDITURES | BALANCE | NOW | |
| FOR ADVANCE | TO DATE | REQUESTED | ||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) |
| 1 DISTRIBUTION | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | $0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 2 TRANSMISSION | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 3 GENERATION | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 4 HEADQUARTERS FACILITIES | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 5 ACQUISITIONS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 6 ALL OTHER | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| CLOSED BUDGET | 0.00 | 0.00 | 0.00 | 0.00 | ||
| ADJUSTED (RUS USE ONLY) | ||||||
| UNDER STOP ORDER OR CONDITIONAL AGREEMENTS, EXCLUSIVE OF CONCURRENT LOAN STANDARD CONDITIONAL AGREEMENT | 0.00 | |||||
| ADJUSTED (RUS USE ONLY) | ||||||
| TOTALS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | $0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| BREAKDOWN OF AMOUNT UNDER STOP ORDER OR CONDITIONAL AGREEMENT AS SHOWN ABOVE | TOTAL AMOUNT OF NOTES EXECUTED | |||||
| A. DISTRIBUTION | 0.00 | D. HEADQUARTERS | 0.00 | A. RUS | 0.00 | |
| B. TRANSMISSION | 0.00 | E. ACQUISITIONS | 0.00 | B. FFB | 0.00 | |
| C. GENERATION | 0.00 | F. OTHER | 0.00 | C. OTHER | 0.00 | |
| STATUS OF THE | 0 | LOAN UNDER WHICH THIS ADVANCE IS REQUESTED | ||||
| (RUS LOAN DESIGNATION) | ||||||
| ITEM | RUS | FFB | OTHER | TOTAL | ||
| AMOUNT OF LOAN | 0.00 | 0.00 | 0.00 | $0.00 | ||
| AMOUNT UNDER CONCURRENT LOAN CONTROL | 0.00 | |||||
| ADVANCED TO DATE | 0.00 | 0.00 | 0.00 | 0.00 | ||
| CERTIFICATION | ||||||
| Balance in “Cash-Construction Fund-Trustee” account (total of column 6) at the close of the period covered by this report is | $0.00 | |||||
| Subject to approval of RUS, the corporation requests that total of column 7 be advanced under the loan contract. All references herein to “Loan Contract” shall include, | ||||||
| in addition to the RUS loan contract, any Federal Financing Bank – RUS loan commitment agreement with related commitment notice and correspondence concerning | ||||||
| loan terms and conditions. I certify that this amount is required for the purposes designated in accordance with provisions of said loan contract and that proceeds will | ||||||
| be deposited in the “Cash-Construction Fund-Trustee” account of the | 0 | |||||
| bank which is a member of the FDIC and will be disbursed only as herein specified in accordance with the provisions of said contract. I further certify that I have checked | ||||||
| the cash balance shown on this statement in column 6 with the books and records of the corporation and said balances are true and correct and expenditures reported | ||||||
| in Column 5 were used for the purposes and in the amounts authorized by the loan contract and previously approved Financial Requirement and Expenditure Statement. | ||||||
| With respect to concurrent loan funds included in this requisition, if any, the total amount of funds advanced to date under this designated concurrent loan is as | ||||||
| shown above and this request is now made to | 0 | in accordance with the established procedures for | ||||
| Name of Lender | ||||||
| requisitioning and advancing funds under concurrent loans. All loan contract conditions concerning advance of funds under concurrent loans have been met. | ||||||
| 0 | ||||||
| NAME AND ADDRESS OF BORROWER | ||||||
| 0 | ||||||
| SIGNATURE | TITLE - AUTHORIZED CORPORATE OFFICER OR MANAGER | |||||
| RUS USE ONLY | ||||||
|
|
THE ADJUSTMENTS WHICH MADE THE CHANGES SHOWN AS THE ADJUSTED AMOUNTS ABOVE ARE LISTED ON | |||||
| THE ENCLOSED PHOTOCOPY OF RUS FORM 605 AND REFERRED TO AS REGISTER NO. | ||||||
| THESE CHANGES SHOULD BE RECORDED ON YOUR RECORDS. | ||||||
|
|
||||||
| THERE HAVE BEEN NO BUDGET ADJUSTMENTS SINCE YOUR LAST STATEMENT WAS PROCESSED. | ||||||
|
|
THE AMOUNT REQUESTED (COLUMN 7) HAS BEEN REDUCED FOR THE FOLLOWING REASONS: | |||||
| RUS FORM 595 REV. 10-2012 | SHEET 3 | |||||
| SEND THIS COPY TO RUS | ||||||
Sheet 4: 595, SHEET4
| USDA - RUS | OMB Control Number 0572-0015 | |||||
| FINANCIAL REQUIREMENT & EXPENDITURE STATEMENT | Expiration Date: 10/31/2015 | |||||
| TO: U.S. DEPARTMENT OF AGRICULTURE, RUS, WASHINGTON, D.C. 20250 | 1. BORROWER DESIGNATION | |||||
| INSTRUCTIONS - SUBMIT ORIGINAL AND TWO COPIES TO RUS, FOR | 0 | |||||
| DETAILED INSTRUCTIONS, SEE INSTRUCTION SHEETS & RUS BULLETIN 26-1 | 2. STATEMENT NO. | 3. DATE SUBMITTED | ||||
| THIS SPACE FOR RUS USE ONLY | ||||||
| DATE RECEIVED | REGISTER NO. | 4. PERIOD ENDING (MONTH & YEAR) | 5. EFFECTIVE DATE OF ADJUSTED AMOUNTS | |||
| PRIMARY BUDGET PURPOSES | CONSOLIDATED | AMOUNTS | TOTAL | TOTAL | CASH | ADVANCE |
| LOAN BUDGET | APPROVED | ADVANCE | EXPENDITURES | BALANCE | NOW | |
| FOR ADVANCE | TO DATE | REQUESTED | ||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) |
| 1 DISTRIBUTION | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | $0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 2 TRANSMISSION | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 3 GENERATION | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 4 HEADQUARTERS FACILITIES | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 5 ACQUISITIONS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| 6 ALL OTHER | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| CLOSED BUDGET | 0.00 | 0.00 | 0.00 | 0.00 | ||
| ADJUSTED (RUS USE ONLY) | ||||||
| UNDER STOP ORDER OR CONDITIONAL AGREEMENTS, EXCLUSIVE OF CONCURRENT LOAN STANDARD CONDITIONAL AGREEMENT | 0.00 | |||||
| ADJUSTED (RUS USE ONLY) | ||||||
| TOTALS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | $0.00 |
| ADJUSTED (RUS USE ONLY) | ||||||
| BREAKDOWN OF AMOUNT UNDER STOP ORDER OR CONDITIONAL AGREEMENT AS SHOWN ABOVE | TOTAL AMOUNT OF NOTES EXECUTED | |||||
| A. DISTRIBUTION | 0.00 | D. HEADQUARTERS | 0.00 | A. RUS | 0.00 | |
| B. TRANSMISSION | 0.00 | E. ACQUISITIONS | 0.00 | B. FFB | 0.00 | |
| C. GENERATION | 0.00 | F. OTHER | 0.00 | C. OTHER | 0.00 | |
| STATUS OF THE | 0 | LOAN UNDER WHICH THIS ADVANCE IS REQUESTED | ||||
| (RUS LOAN DESIGNATION) | ||||||
| ITEM | RUS | FFB | OTHER | TOTAL | ||
| AMOUNT OF LOAN | 0.00 | 0.00 | 0.00 | $0.00 | ||
| AMOUNT UNDER CONCURRENT LOAN CONTROL | 0.00 | |||||
| ADVANCED TO DATE | 0.00 | 0.00 | 0.00 | 0.00 | ||
| CERTIFICATION | ||||||
| Balance in “Cash-Construction Fund-Trustee” account (total of column 6) at the close of the period covered by this report is | $0.00 | |||||
| Subject to approval of RUS, the corporation requests that total of column 7 be advanced under the loan contract. All references herein to “Loan Contract” shall include, | ||||||
| in addition to the RUS loan contract, any Federal Financing Bank – RUS loan commitment agreement with related commitment notice and correspondence concerning | ||||||
| loan terms and conditions. I certify that this amount is required for the purposes designated in accordance with provisions of said loan contract and that proceeds will | ||||||
| be deposited in the “Cash-Construction Fund-Trustee” account of the | 0 | |||||
| bank which is a member of the FDIC and will be disbursed only as herein specified in accordance with the provisions of said contract. I further certify that I have checked | ||||||
| the cash balance shown on this statement in column 6 with the books and records of the corporation and said balances are true and correct and expenditures reported | ||||||
| in Column 5 were used for the purposes and in the amounts authorized by the loan contract and previously approved Financial Requirement and Expenditure Statement. | ||||||
| With respect to concurrent loan funds included in this requisition, if any, the total amount of funds advanced to date under this designated concurrent loan is as | ||||||
| shown above and this request is now made to | 0 | in accordance with the established procedures for | ||||
| Name of Lender | ||||||
| requisitioning and advancing funds under concurrent loans. All loan contract conditions concerning advance of funds under concurrent loans have been met. | ||||||
| 0 | ||||||
| NAME AND ADDRESS OF BORROWER | ||||||
| 0 | ||||||
| SIGNATURE | TITLE - AUTHORIZED CORPORATE OFFICER OR MANAGER | |||||
| RUS USE ONLY | ||||||
|
|
THE ADJUSTMENTS WHICH MADE THE CHANGES SHOWN AS THE ADJUSTED AMOUNTS ABOVE ARE LISTED ON | |||||
| THE ENCLOSED PHOTOCOPY OF RUS FORM 605 AND REFERRED TO AS REGISTER NO. | ||||||
| THESE CHANGES SHOULD BE RECORDED ON YOUR RECORDS. | ||||||
|
|
||||||
| THERE HAVE BEEN NO BUDGET ADJUSTMENTS SINCE YOUR LAST STATEMENT WAS PROCESSED. | ||||||
|
|
||||||
| THE AMOUNT REQUESTED (COLUMN 7) HAS BEEN REDUCED FOR THE FOLLOWING REASONS: | ||||||
| RUS FORM 595 REV. 10-2012 | SHEET 4 | |||||
| RETAIN THIS COPY FOR YOUR FILES | ||||||
Sheet 5: INSTRUCTIONS, SHEET 1
| UNITED STATES DEPARTMENT OF AGRICULTURE | ||||||||||||
| RURAL UTILITIES SERVICE | ||||||||||||
| ELECTRIC PROGRAM | ||||||||||||
| FINANCIAL REQUIREMENT AND EXPENDITURE STATEMENT, FORM 595 | ||||||||||||
| NOTE: This form has been revised so that it may be used for requisitioning funds from, | ||||||||||||
| and reporting expenditures of, loans guaranteed by RUS as well as RUS and concurrent | ||||||||||||
| supplemental loans. | ||||||||||||
| NOTE: No data entry is required on Sheets 2, 3, and 4 (carried forward from Sheet 1). | ||||||||||||
| NOTE: "Cell Protection" has been provided in areas where no data entry is required. | ||||||||||||
| a) Requests for the advance of loan funds, and reports of the expenditure of loan funds advanced, | ||||||||||||
| should be made on this Statement in accordance with the instruction below and on the reverse | ||||||||||||
| side of Sheet 4. RUS Bulletin 26-1, "Budgetary Control and Advance of Loan Funds," describes | ||||||||||||
| in detail the procedure for the advance of loan funds. | ||||||||||||
| b) Whenever practical to do so, the amounts of the individual purposes entered in Column (7), | ||||||||||||
| Advance Now Requested, should be rounded so that the total of Column (7) adds to a sum | ||||||||||||
| of rounded thousands. | ||||||||||||
| c) Sheets 1, 2, and 3 should be submitted to RUS as indicated. Sheet 4 should be retained as | ||||||||||||
| your file copy. | ||||||||||||
| d) Sheet 2 of the Financial Requirement and Expenditure Statement sent to RUS will be returned | ||||||||||||
| to the borrower showing the advances which have been approved and any adjustments made | ||||||||||||
| by RUS. | ||||||||||||
| e) Sheet 1 of the Financial Requirement and Expenditure Statement sent to RUS must bear the | ||||||||||||
| original signature, written in ink, of the corporate officer or manager authorized to sign by | ||||||||||||
| resolution of the Board of Directors. Erasures or corrections appearing on any of the copies | ||||||||||||
| to be submitted to RUS should be initialed by the person authorized to sign. | ||||||||||||
| f) Requests to RUS for revision of budgeted amounts with accompanying explanations and | ||||||||||||
| documents should, whenever possible, be submitted in advance of the Financial Requirement | ||||||||||||
| and Expenditure Statement. Such requests may, however, be included in the transmittal letter | ||||||||||||
| or explained by a separate sheet attached to the Statement. | ||||||||||||
| g) For Federal Financing Bank (FFB) loans guaranteed by RUS, attach completed "Advance | ||||||||||||
| Request" sheets from RUS Bulletin 1710B-1, Guide to Federal Financing Bank Loans | ||||||||||||
| Guaranteed by RUS", or a completed "Annex A to Future Advance Promissory Note" | ||||||||||||
| attached to the Note Purchase Commitment and Servicing Agreement included with the | ||||||||||||
| loan documents. | ||||||||||||
Sheet 6: INSTRUCTIONS, SHEET 2
| SUMMARY OF INSTRUCTIONS | |||||||||||||
| (See RUS Bulletin 26-1 for detailed procedure) | |||||||||||||
| EXPLANATION OF COLUMNS 1 THROUGH 7 | |||||||||||||
| 1. PRIMARY BUDGET PURPOSES: Item Numbers 1 through 6 are the primary purposes established | |||||||||||||
| in the Loan Budget, RUS Form 740c, for which loan funds may be used. | |||||||||||||
| 2. CONSOLIDATED LOAN BUDGET: This column shows the amount of loan funds established in the | |||||||||||||
| consolidated budget, including subsequent adjustments, for each respective budget purpose. | |||||||||||||
| Borrowers may request transfer of funds from one budget purpose to another, accompanied by | |||||||||||||
| justification for such transfer. RUS will evaluate requests and if approved will insert the adjusted | |||||||||||||
| budget purpose amounts on the lines marked "Adjusted." | |||||||||||||
| 3. AMOUNTS APPROVED FOR ADVANCE: Borrowers will insert in this column after each budget | |||||||||||||
| purpose the sum of the amount appearing on the previous Financial Requirement and Expenditure | |||||||||||||
| Statement returned to the borrower plus any amounts approved by RUS since the return of the | |||||||||||||
| previous statement and prior to the preparation of a new Financial Requirement and Expenditure | |||||||||||||
| Statement. RUS will consider a supplemental lender's funds approved for advance as soon as the | |||||||||||||
| contractual obligations of the loans have been met. | |||||||||||||
| 4. TOTAL ADVANCE: These amounts should be the sum of column 4 and column 7 of the previous | |||||||||||||
| Financial Requirement and Expenditure Statement returned to the borrower. | |||||||||||||
| 5. TOTAL EXPENDITURES TO DATE: This amount will be inserted by the borrower for each budget | |||||||||||||
| purpose from the records it maintains for expenditures, refunds, etc. | |||||||||||||
| 6. CASH BALANCE: This amount will be inserted by the borrower for each budget purpose from its | |||||||||||||
| Cash Record on the date of this Statement. The total of the column must agree with the balance in | |||||||||||||
| the "Cash-Construction Fund-Trustee" Account 131.2. The Cash Balance should also equal the | |||||||||||||
| difference between column 4 "Total Advance" and column 5 "Total Expenditures to Date". | |||||||||||||
| 7. ADVANCE NOW REQUESTED: These amounts should be inserted by the borrower opposite the | |||||||||||||
| appropriate budget purpose. Should the sum of column 7 (Advance Now Requested) and column 4 | |||||||||||||
| (Total Advance) for any budget purpose exceed the amount in column 2 (Consolidated Loan Budget), | |||||||||||||
| the Financial Requirement and Expenditure Statement shall be accompanied by a request for transfer | |||||||||||||
| of funds from some other budget purpose. The request shall contain (1) substantiating evidence | |||||||||||||
| that the funds to be transferred will not be needed for the purpose for which the funds were originally | |||||||||||||
| established and (2) the reason for insufficient funds in the purpose to which transfer is requested. | |||||||||||||
| Budget transfer requests should also include a board resolution requesting RUS approval. | |||||||||||||
| BREAKDOWN OF AMOUNT UNDER STOP ORDER OR CONDITIONAL AGREEMENT | |||||||||||||
| AS SHOWN ABOVE | |||||||||||||
| Under the above heading show any amounts which are under stop order or conditional agreement, | |||||||||||||
| exclusive of the standard conditional agreement relating to the advance of funds under concurrent | |||||||||||||
| loans, for Primary Budget Purposes 1 through 5. | |||||||||||||
| TOTAL AMOUNT OF NOTES EXECUTED Show by designated lender or OTHER supplemental | |||||||||||||
| lender, the total of notes executed by the board of directors and the lender. | |||||||||||||
| STATUS OF DESIGNATED LOAN UNDER WHICH THIS ADVANCE IS REQUESTED Show in the | |||||||||||||
| heading, the RUS designation of the loan under which this advance is to be made. For the lender(s) | |||||||||||||
| included under the specified loan designation, show the following data: | |||||||||||||
| AMOUNT OF LOAN - The amount of the loan(s) from the lender(s) involved. For CFC loans | |||||||||||||
| show under OTHER the amount of the loan excluding any capital term certificate purchases. | |||||||||||||
| AMOUNT UNDER CONCURRENT LOAN CONTROL- As applicable, the amount of the RUS loan under | |||||||||||||
| concurrent loan standard conditional agreement, usually 50% of RUS loan. | |||||||||||||
| ADVANCED TO DATE- The amounts previously advanced under the RUS loan designation from the | |||||||||||||
| lender(s) involved. | |||||||||||||
| File Type | application/vnd.ms-excel |
| Last Modified By | Hunt, Rebecca - RD, Washington, DC |
| File Modified | 2015-09-09 |
| File Created | 1999-03-11 |
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