Supporting Statement
OMB 1530-0066
CMIA Annual Report and Interest Calculation Cost Claims
Justification
Circumstances Making the Collection of Information Necessary.
The information collection (CMIA Annual Report) is required by P.L. 101-453 (Cash Management Improvement Act), as amended, and codified in 31 CFR 205.26. The information is necessary to determine interest liabilities related to the timely drawdown of Federal financial assistance to the States.
Purpose and Use of the Information Collection.
The information is used by Treasury’s Bureau of the Fiscal Service to determine interest liabilities related to the timely drawdown of Federal financial assistance to the States as prescribed by P.L. 101-453 (Cash Management Improvement Act), as amended, and codified in 31 CFR 205.26.
Consideration Given to Information Technology.
A web-based information collection system was implemented in 1998 to replace a paper-based system and reduce the administrative/paperwork burden for States, Federal agencies and Treasury/Fiscal Service. The report is enhanced annually to comport with new technology, information security requirements, and customer feedback.
Duplication of Information.
There is no duplication – this is unique information that is specifically required by statute P.L. 101-453. The annual requirement for the collection of this information is prescribed in the statute. See response Item #2.
Reducing the Burden on Small Entities.
The information collection requirement pertains exclusively to State governments. No information is directly or indirectly requested of small businesses. The report was designed cooperatively by Treasury/Fiscal Service and the States including small State governments and territories.
Consequences of Not Conducting Collection.
If the information is not collected, the Department of the Treasury is in noncompliance with provisions of the Cash Management Improvement Act (P.L. 101-453). Unless there is a statutory change to the annual reporting requirement, there is no option to collect the information less frequently.
Special Circumstances.
There are no special circumstances. The collection of information is conducted in a manner consistent with the guidelines in 5 CFR 1320.6.
Consultations with Persons Outside the Agency.
The Bureau published a notice for public comment in the Federal Register on October 10, 2019, Volume 84, Number 197, page 54729. No public comments were received.
Payment or Gift.
There are no payments or gifts made to respondents.
Confidentiality.
Aside from protections contained in the Privacy Act, there is no guarantee of confidentiality.
Questions of a Sensitive Nature.
There are no questions of a sensitive nature. No personally identifiable information (PII) is requested.
Burden of Information Collection.
Number of Respondents: 56 States & Territories
Estimated Hours of Burden for Collection of Data Per Respondent: 393.5 hours (average).
Range: 2 – 3,546 hours (variation related to number of grants received by the State; funding techniques; State information management systems)
Total Annual Burden: 22,036 hours.
Annual Cost to Respondents.
There are no capital/start-up or ongoing operation/maintenance costs associated with this information collection.
Cost to the Federal Government.
Estimated Annualized Costs to the Federal Government for Collection & Review: $420,000
Estimated Hours of Burden for Collection & Review of Data: 11,750 hours
Methodology: Estimated Annualized Costs and Estimated Hours of Burden are projected based on the percentage of monthly work hours generally dedicated by Treasury/Fiscal Service and other Federal program agency employees to the preparation and review of the collection information. Other operating expenses such as equipment and overhead were estimated at $25,000.
Reason for Change.
No program changes or adjustments were made.
Tabulation of Results, Schedule, Analysis Plans.
The results of the collection of this information will not be published for statistical use.
Display of OMB Approval Date.
The public interest will be better served by not displaying an expiration date on the online system. The time period during which the current editions will continue to be usable cannot be predicted. It could easily span several cycles of review and OMB clearance renewal. Displaying the expiration date would make it necessary to update the URL where it is accessed after each renewal.
Exceptions to Certification for Paperwork Reduction Act Submission.
There are no exceptions to the certification statement.
| File Type | application/vnd.openxmlformats-officedocument.wordprocessingml.document |
| File Title | DRAFT |
| Author | PCxx |
| File Modified | 0000-00-00 |
| File Created | 2021-01-14 |