NOTE 13. Future Funding Requirements
The Consolidated Statement of Financing provides information on the
total resources used by an agency, both those received through budgetary
resources and those received through other means during the reporting
period. The statement reconciles these resources with the net cost of
operations by (1) removing resources that do not fund net cost of operations
and (2) including components of net cost of operations that did not generate
or use resources during the year.
The relationship between the amounts reported as liabilities not covered
by budgetary resources as shown in Note 5, Liabilities, and the amounts
reported as components requiring or generating resources in future periods
on the Statement of Financing were analyzed. The differences are primarily
due to budgetary offsetting collections that do not affect net cost of
operations, which consists of the change in unfilled customer orders with
advance.
For the year ended September 30, 2005, future funding requirements were
as follows:
USPTO Future Funding Requirements for the year ended September 30,
2005
(Dollars in Thousands)
| Liabilities not Covered
by Budgetary Resources as of 9/30/2004 |
$634,129 |
| Unobligated Balance
Used to Cover Unfunded Liabilities |
2,363 |
 |
| Unfunded Liabilities
as of 9/30/2004 |
$636,492 |
| |
Liabilities not Covered by Budgetary Resources as of 9/30/2005 |
$764,509 |
| Unobligated Balance
Used to Cover Unfunded Liabilities |
5,728 |
| |
| Unfunded Liabilities
as of 9/30/2005 |
$770,237 |
| |
Increase in Unfunded Liabilities |
$133,745 |
 |
Costs that will be Funded by Resources in Future Periods |
$ 3,647 |
| Resources that Fund
Costs Recognized in Prior Periods |
(360) |
| Budgetary Offsetting
Collections that do not Affect Net Cost Of Operations |
130,458 |
| |
Increase in Future Funding Requirements |
$133,745 |
| |
|
For the year ended September 30, 2004, future funding requirements were
as follows:
USPTO Future Funding Requirements for the year ended September 30,
2004
(Dollars in Thousands)
| Liabilities not Covered
by Budgetary Resources as of 9/30/2003 |
$555,931 |
| Unobligated Balance
Used to Cover Unfunded Liabilities |
3,540 |
|
| Unfunded Liabilities
as of 9/30/2003 |
$559,471 |
|
Liabilities not Covered by Budgetary Resources as of 9/30/2004 |
$634,129 |
| Unobligated Balance
Used to Cover Unfunded Liabilities |
2,363 |
|
| Unfunded Liabilities
as of 9/30/2004 |
$636,492 |
|
Increase in Unfunded Liabilities |
$ 77,021 |
|
Costs that will be Funded by Resources in Future Periods |
$ 2,510 |
| Resources that Fund
Costs Recognized in Prior Periods |
(138) |
| Budgetary Offsetting
Collections that do not Affect Net Cost Of Operations |
74,649 |
|
Increase in Future Funding Requirements |
$ 77,021 |
|
|
|
