Note 21. Earmarked Funds
The following tables depict major earmarked funds separately chosen based on their significant financial activity and importance to taxpayers. All other earmarked funds not shown are aggregated as “Other Earmarked Funds.” United States Department of Commerce Consolidated Balance Sheet
|
USPTO Earmarked Funds |
Coastal Zone Management Fund |
NTIS Revolving Fund |
Damage Assessment and Restoration Revolving Fund |
Other Earmarked Funds |
Total Earmarked Funds |
|
---|---|---|---|---|---|---|
ASSETS | ||||||
Fund Balance with Treasury |
$1,310,612 | $29,083 | $21,917 | $28,438 | $44,805 | $1,434,855 |
Cash |
6,248 | 80 | - | - | - | 6,328 |
Accounts Receivable, Net |
1,752 | - | 1,772 | 20 | 5 | 3,549 |
Loans Receivable and Related |
- | 5,426 | - | - | - | 5,426 |
Inventory, Materials, and Supplies, Net |
- | - | 200 | - | - | 200 |
General Property, Plant, and |
164,538 | - | 252 | - | - | 164,790 |
Other |
4,315 |
- |
5,635 |
- |
480 |
10,430 |
TOTAL ASSETS |
$1,487,465 |
$34,589 |
$29,776 |
$28,458 |
$45,290 |
$1,625,578 |
LIABILITIES |
||||||
Accounts Payable |
$ 101,902 | $ 12 | $ 7,841 | $ 736 | $ 45 | $ 110,536 |
Federal Employee Benefits |
7,471 | - | 572 | - | - | 8,043 |
Other |
- | |||||
Accrued Payroll and Annual Leave |
95,194 | - | 1,273 | 38 | 80 | 96,585 |
Accrued Grants |
- | - | - | - | 744 | 744 |
Unearned Revenue |
774,425 | - | 3,508 | - | - | 777,933 |
Other |
10,474 |
- |
198 |
58 |
- |
10,730 |
TOTAL LIABILITIES |
$ 989,466 |
$ 12 |
$13,392 |
$ 832 |
$ 869 |
$1,004,571 |
NET POSITION |
||||||
Unexpended Appropriations |
$ 27 | $ - | $ - | $ - | $ - | $ 27 |
Cumulative Results of Operations |
497,972 |
34,577 |
16,384 |
27,626 |
44,421 |
620,980 |
TOTAL NET POSITION |
$ 497,999 |
$34,577 |
$16,384 |
$27,626 |
$44,421 |
$ 621,007 |
TOTAL LIABILITIES AND NET POSITION |
$1,487,465 |
$34,589 |
$29,776 |
$28,458 |
$45,290 |
$1,625,578 |
USPTO Earmarked Funds |
Coastal Zone Management Fund |
NTIS Revolving Fund |
Damage Assessment and Restoration Revolving Fund |
Other Earmarked Funds |
Total Earmarked Funds |
|
---|---|---|---|---|---|---|
Strategic Goal 1: Provide the Information and Tools to Maximize U.S. Competitiveness and Enable Economic Growth for American Industries, Workers, and Consumers | ||||||
Gross Costs |
$ - | $ - | $ - | $ - | $10,664 | $ 10,664 |
Less: Earned Revenue |
- |
- |
- |
- |
- |
- |
Net Program Costs |
- |
- |
- |
- |
10,664 |
10,664 |
Strategic Goal 2: Foster Science and Technological Leadership by Protecting Intellectual Property, Enhancing Technical Standards, and Advancing Measurement Science |
||||||
Gross Costs |
1,514,169 | - | 26,419 | - | - | 1,540,588 |
Less: Earned Revenue |
(1,594,437) |
- |
(25,554) |
- |
- |
(1,619,991) |
Net Program Costs |
(80,268) |
- |
865 |
- |
- |
(79,403) |
Strategic Goal 3: Observe, Protect, and Manage the Earth’s Resources to Promote Environmental Stewardship |
||||||
Gross Costs |
- | 139 | - | 8,674 | 21,360 | 30,173 |
Less: Earned Revenue |
- |
(956) |
- |
- |
- |
(956) |
Net Program Costs |
- |
(817) |
- |
8,674 |
21,360 |
29,217 |
NET COST OF OPERATIONS |
$ (80,268) |
$(817) |
$ 865 |
$8,674 |
$32,024 |
$ (39,522) |
USPTO Earmarked Funds |
Coastal Zone Management Fund |
NTIS Revolving Fund |
Damage Assessment and Restoration Revolving Fund |
Other Earmarked Funds |
Total Earmarked Funds |
|
---|---|---|---|---|---|---|
Cumulative Results of Operations: | ||||||
Beginning Balance | $417,804 | $36,760 | $16,094 | $24,136 | $42,963 | $537,757 |
Budgetary Financing Sources: |
||||||
Non-exchange Revenue |
- | - | - | 7,590 | 7,931 | 15,521 |
Transfers In/(Out) Without |
(100) | (3,000) | - | 4,924 | 17,616 | 19,440 |
Other Financing Sources (Non-exchange): |
||||||
Transfers In/(Out) Without |
- | - | - | (350) | - | (350) |
Imputed Financing Sources from |
- | - | 1,155 | - | - | 1,155 |
Other Financing Sources/(Uses), Net |
- |
- |
- |
- |
7,935 |
7,935 |
Total Financing Sources | (100) | (3,000) | 1,155 | 12,164 | 33,482 | 43,701 |
Net Cost of Operations |
80,268 |
817 |
(865) |
(8,674) |
(32,024) |
39,522 |
Net Change |
80,168 |
(2,183) |
290 |
3,490 |
1,458 |
83,223 |
Cumulative Results of Operations |
497,972 |
34,577 |
16,384 |
27,626 |
44,421 |
620,980 |
Unexpended Appropriations: |
||||||
Beginning Balance | 27 | - | - | - | - | 27 |
Budgetary Financing Sources |
- |
- |
- |
- |
- |
- |
Unexpended Appropriations |
27 |
- |
- |
- |
- |
27 |
NET POSITION |
$497,999 |
$34,577 |
$16,384 |
$27,626 |
$44,421 |
$621,007 |
Below is a description of major earmarked funds shown in the above tables.
The USPTO Earmarked Funds consist of its Salaries and Expenses Fund, and the Patent and Trademark Surcharge Fund.
The Salaries and Expenses Fund contains monies used for the administering of the laws relevant to patents and trademarks and advising the Secretary of Commerce, the President of the United States, and the Administration on patent, trademark, and copyright protection, and trade-related aspects of intellectual property. This fund is used for USPTO’s two core business activities – granting patents and registering trademarks – that promote the use of intellectual property rights as a means of achieving economic prosperity. These activities give innovators, businesses, and entrepreneurs the protection and encouragement they need to turn their creative ideas into tangible products, and also provide protection for their inventions and trademarks. Since FY 1993, the Salaries and Expenses Fund has been funded primarily by the collection of fees for patent and trademark services. The USPTO may use monies from this fund only as authorized by Congress via appropriations.
The Patent and Trademark Surcharge Fund, a Special Fund Receipt Account at Treasury, is discussed in Note 18, Combined Statements of Budgetary Resources. USPTO may use monies from this account only as authorized by Congress and made available by the issuance of a Treasury warrant. As of September 30, 2006, $233.5 million is held in this fund.
Coastal Zone Management Fund is primarily used for the following: interstate projects, demonstration projects for improving coastal zone management, and emergency grants to State coastal zone management agencies to address unforeseen or disaster-related circumstances. The law establishing the Coastal Zone Management Fund can be found in 16 USC Section 1456a.
The NTIS Revolving Fund is used to collect, process, market, and disseminate government-sponsored and foreign scientific, technical, and business information; and assist other agencies with their information programs. Activities funded by NTIS Revolving Fund allow customers, both public and private, access to scientific and technical information produced by and for the federal government. All receipts from the sale of products and services are deposited in this fund, and all expenses, including capital expenditures, are paid from it.
Damage Assessment and Restoration Revolving Fund is established by the reimbursement of expenses related to oil or hazardous substance spill response activities, or natural resource damage assessment, restoration, rehabilitation, replacement, or acquisition activities conducted by NOAA. The recovered sums by a federal, state, Indian, or foreign trustee for natural resource damage is retained by the trustee and is only used to reimburse or pay costs incurred by the trustee for damaged natural resources. The law establishing the Damage Assessment and Restoration Revolving Fund can be found in 33 USC Section 2706. Natural Resources.