Total program costs, funded. Change in selected resources 1. Total obligations.. Financing: Receipts and reimbursements from nonFederal sources: Sales program; rev enue.. Unobligated balance available, start of 71 Obligations affecting expenditures. 72.98 Obligated balance, start of year... 74.98 Obligated balance, end of year.. 90 Expenditures.. Relation of obligations to expenditures: Receipts and other offsets (items 11-17) – Cash transactions: Gross expenditures.. Applicable receipts. Sales program: Revenue.. Expense.... 1964 actual Net income for the year. Analysis of retained earnings: Retained earnings, start of year.. Retained earnings, end of year. 38 2,488 -14 2,474 Assets: Treasury balance....... -2,478 -38 42 2,474 -2,478 -4 185 -171 11 2,490 -2,479 1964 actual 2,478 2,462 16 794 811 1965 1966 estimate estimate 1963 actual 223 3 Financial Condition (in thousands of dollars) 1 Balances of selected resources are identified on the statement of financial condition. Commissaries are operated for the inmates as an earned privilege. Profits received from sales are used for general welfare and recreational items for all inmates. Sales for 1966 are estimated at $2,600 thousand. Adequate working capital is assured from retained earnings. Revenue, Expense, and Retained Earnings (in thousands of dollars) 2,500 2,600 2,500 -2,500 1964 actual 171 -171 211 2 1965 1966 estimate estimate 2,500 2,485 15 2,600 -2,600 811 825 171 -171 2,600 -2,600 211 2 2,600 2,585 15 825 840 1965 1966 estimate estimate 211 2 1966 estimate 2,550,000 531,380 15,328 6,259 3,800 150 121,000 7,700 3,369,986 3,365,517 69,800 12,100 -2,128 -7,496,557 8,400 1,609 8,112,846 -8,000 4,010,264 3,981,687 Unexpended balance, start of year: Cash.. Amounts Available for Appropriation (in thousands of dollars) State unemployment trust accounts.__. Railroad unemployment insurance account: Benefits and refunds.. -2,358 U.S. securities (par). vestment. Administrative expense account. Employment Security Administration Account_ Federal unemployment account.. Unappropriated receipts. Total.... The financial transactions of the Federal-State and Railroad unemployment insurance systems are made through the Unemployment trust fund. In the FederalState system, benefit payments are made by each State, 48,000 financed by special State payroll taxes. These tax receipts are deposited in the Unemployment trust fund and are invested in Government securities until needed for benefit payments. The expenses of State and Federal administration (including those of the Federal-State employment service), are paid from the fund out of revenue from the Federal unemployment tax, assessed on employers, of 0.4% of the first $3 thousand of wages. Both the benefit payments and administrative expenses of the separate unemployment insurance program for railroad employees are paid from the Unemployment trust fund and receipts from the tax on wages of railroad employees are deposited in the fund to meet these expenses. 1965 estimate 31,629 6,245, 191 -58 Balance of fund, start of year. 6,276,762 3,369,986 -392 3,369,594 11,268 -44,941 3,335,921 -2,358 4,012,622 1966 estimate 3,365,517 On June 30, 1964, the cash balance of $6,858,526 thousand was distributed as follows among the various accounts maintained in the fund (in thousands of dollars): 6,705,698 3,365,517 44,941 -65,207 3,345,251 3,981,687 4,010,264 3,981,687 -4,010,264 -3,981,687 The status of funds is as follows (in thousands of dollars): 1964 actual 1965 estimate 1966 estimate 40,170 47,069 6,827,077 7,496,557 -8,722 -8,400 6,858,526 7,535,226 5,313 6,301 59,195 84,377 -2,358 6,858,526 Program and Financing (in thousands of dollars)—Continued Identification code 12-30-9999-0-7-906 Relation of obligations to expenditures: 71 Total obligations (affecting expenditures). 90 Expenditures.. Expenditures are distributed as follows: 1. Longshoremen's and Harbor Workers' Compensation Act............. 2. Workmen's Compensation Act, within the District of Columbia.. Identification code 12-30-9999-0-7-906 25.1 Other services.. 42.0 Insurance claims and indemnities.. 99.0 Total obligations...... Identification code 12-30-8315-0-7-906 1964 actual Program by activities: 10 Administration of the District of Columbia Workmen's Compensation Act (total program costs funded-obligations) ......... 98 98 Financing: 13 Receipts and reimbursements from trust fund accounts: Operating expenses, Department of General Administration, District of Columbia... Proposed increase due to civilian pay increases. New obligational authority. 86 12 1964 actual 60 38 98 The trust funds consist of amounts received from employers for the death of an employee where no person is entitled to compensation for such death and for fines and penalty payments. In 1964 receipts were $12 thousand and interest was $22 thousand (33 U.S.C. 908; 31 U.S.C. 725; 33 U.S.C. 944). Receipts are used to pay compensation in cases where judgment against employers cannot be satisfied by reason of insolvency or other circumstances precluding payment, to provide necessary medical, surgical and other treatment in disability cases where there has been default in furnishing such medical treatment by reason of the insolvency of the employers; for payment of additional compensation for second injuries resulting in permanent total disability and to provide maintenance for employees undergoing vocational rehabilitation. In addition, under the subactivity, Administration of rehabilitation, provision is made for the costs of necessary rehabilitation services not otherwise available to disabled longshoremen and harbor workers. Object Classification (in thousands of dollars) 1964 actual 303 1965 1966 estimate estimate 96 96 ADVANCES AND REIMBURSEMENTS (TRUst Fund) Program and Financing (in thousands of dollars) -303 889 8 62 34 96 104 104 1965 1966 estimate estimate 326 996 -314 -12 8 1965 1966 estimate estimate 70 34 104 334 -334 |
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