National Service Trust
Schedules
TAFS: 485-8267 /X - National Service Trust
| Line # | Split | Description | Iteration 1 Previously Approved Amount | Iteration 2 OMB Action Amount | Footnotes |
|---|---|---|---|---|---|
| 1000 | 1, A | Unob Bal Disc. brought forward, Oct 1 (Trust), Actual | Line added— | +$496,700,488 $496,700,488 | See footnotes below |
| Footnotes for line 1000 (1, A) (Current): | B1: The balance on this line excludes $954,678.73 which are earnings on investments that are unavailable for obligation absent the enactment of legislation by the Congress. | ||||
| 1000 | 1, E | Unob Bal Disc. brought forward, Oct 1 (Trust), Estimate | $464,415,594 | -$464,415,594 $0 | |
| 1000 | 2, A | Unob Bal Disc. brought forward, Oct 1 (Recovery Act), Actual | Line added— | +$5,446,120 $5,446,120 | |
| 1000 | 2, E | Unob Bal Disc. brought forward, Oct 1 (Recovery Act), Estimate | $5,446,120 | -$5,446,120 $0 | |
| 1000 | 3, A | Unob Bal Disc. brought forward, Oct 1 (TRUSTVA), Actual | Line added— | +$55,656 $55,656 | See footnotes below |
| Footnotes for line 1000 (3, A) (Current): | B2: The remaining balances in "Trust VA" relate to an old interagency agreement. AmeriCorps will close this account and return funds to our interagency partner. To that end, AmeriCorps deobligated $52,000,000 in FY 2022. This action resulted in AmeriCorps increasing carryover balances for FY 2023. | ||||
| 1150 | 1 | BA: Disc: Anticipated Appropriations (Transfer from TRUSTPAYX) | $190,550,000 | -$190,550,000 Line removed— | |
| 1000 | 3, E | Unob Bal Disc. brought forward, Oct 1 (TRUSTVA), Estimate | $3,240 | -$3,240 $0 | |
| 1000 | 4, A | Unob Bal Disc. brought forward, Oct 1 (TRUSTXA FEMA), Actual | Line added— | +$2,652,119 $2,652,119 | |
| 1000 | 4, E | Unob Bal Disc. brought forward, Oct 1 (TRUSTXA FEMA), Estimate | $5,236,724 | -$5,236,724 $0 | |
| 1000 | 5, A | Unob Bal Mand. brought forward, Oct 1 (TRUST ARP ), - Actual | Line added— | +$146,461,551 $146,461,551 | See footnotes below |
| Footnotes for line 1000 (5, A) (Current): | B3: The balance on line 1000 (line split 5), reflects the actual unobligated balance brought forward of funds transferred from the 95-2726/X (ARP - TRUSTPAYX) National Service Trust account in Public Law 117-2. | ||||
| 1021 | Unob Bal: Recov of prior year unpaid obligations | Line added— | +$3,141,433 $3,141,433 | ||
| 1101 | BA: Disc: Appropriation (Special or Trust) (Transfer from TRUSTPAYX) | Line added— | +$230,000,000 $230,000,000 | ||
| 1150 | BA: Disc: Anticipated appropriation | Line added— | $0 | ||
| 1740 | 1 | BA: Disc: Spending auth:Antic colls, reimbs, other income | $500,000 | $500,000 | |
| 1740 | 2 | BA: Disc: Spending auth:Antic colls, reimbs, other income (FEMA) | $5,230,000 | -$4,230,000 $1,000,000 | See footnotes below |
| Footnotes for line 1740 (2) (Current): | B4: AmeriCorps is reducing the amount of anticipated collections in this line due to low recruitment levels for FEMA CORPS. | ||||
| 1920 | Total budgetary resources avail (disc. and mand.) | $671,381,678 | +$214,575,689 $885,957,367 | See footnotes below | |
| Footnotes for line 1920 (Current): | B5: Pursuant to section 120.21 of OMB Circular A-11, one or more lines in the Budgetary Resources section may be rounded up. As a result, those rounded lines will not match the actuals reported on the SF 133. Agency will ensure that its fund control system will only allot actuals. | ||||
| 6011 | Trust Balance | $463,879,283 | +$63,247,630 $527,126,913 | ||
| 6012 | Trust Reserve | $46,697,000 | +$153,432,231 $200,129,231 | See footnotes below | |
| Footnotes for line 6012 (Current): | A1: AmeriCorps is increasing the reserve balance in the National Service Trust as authorized in 42 U.S.C. 12606(b) to account for changes in member education award earning and usage rates. In Q1 FY2022, AmeriCorps updated the actuarial factors used to estimate and record Trust obligations and liabilities as directed in 42 U.S.C. 12606(a)(1)(B). The updated actuarial factors resulted in a substantial decrease of the present value of Trust obligations, possibly caused in part by temporary conditions brought on by the COVID pandemic. To account for this uncertainty, the AmeriCorps Risk Management Council (RMC) approved an increase to the Trust reserve (line 6012) from $46,000,000 to $200,000,000 in February 2022. Rationale: Footnote specifies the purpose(s) for which the funds are available to be obligated. | ||||
| 6013 | FEMA (IAA) | $5,236,724 | -$1,584,605 $3,652,119 | ||
| 6014 | Recovery Act Balance | $5,446,120 | -$358,567 $5,087,553 | ||
| 6015 | Recovery Act Reserve | $3,500,000 | $3,500,000 | ||
| 6016 | Trust Balance ARP (Education Awards) | $85,315,915 | $85,315,915 | ||
| 6017 | Trust Balance ARP (Administrative Costs) | $61,306,636 | -$161,000 $61,145,636 | ||
| 6190 | Total budgetary resources available | $671,381,678 | +$214,575,689 $885,957,367 | ||
Footnotes
Footnotes provide further information about, or establish further legal requirements related to the use of, the funds in a given line or set of lines in an apportionment. If footnotes appear on lines 1920 or 6190, they apply to all the lines in the 1xxx and 6xxx sections, respectively. The following are all the footnotes associated with this file.
| Number | Text |
|---|---|
| A1 | AmeriCorps is increasing the reserve balance in the National Service Trust as authorized in 42 U.S.C. 12606(b) to account for changes in member education award earning and usage rates. In Q1 FY2022, AmeriCorps updated the actuarial factors used to estimate and record Trust obligations and liabilities as directed in 42 U.S.C. 12606(a)(1)(B). The updated actuarial factors resulted in a substantial decrease of the present value of Trust obligations, possibly caused in part by temporary conditions brought on by the COVID pandemic. To account for this uncertainty, the AmeriCorps Risk Management Council (RMC) approved an increase to the Trust reserve (line 6012) from $46,000,000 to $200,000,000 in February 2022.
Rationale: Footnote specifies the purpose(s) for which the funds are available to be obligated. |
| B1 | The balance on this line excludes $954,678.73 which are earnings on investments that are unavailable for obligation absent the enactment of legislation by the Congress. |
| B2 | The remaining balances in "Trust VA" relate to an old interagency agreement. AmeriCorps will close this account and return funds to our interagency partner. To that end, AmeriCorps deobligated $52,000,000 in FY 2022. This action resulted in AmeriCorps increasing carryover balances for FY 2023. |
| B3 | The balance on line 1000 (line split 5), reflects the actual unobligated balance brought forward of funds transferred from the 95-2726/X (ARP - TRUSTPAYX) National Service Trust account in Public Law 117-2. |
| B4 | AmeriCorps is reducing the amount of anticipated collections in this line due to low recruitment levels for FEMA CORPS. |
| B5 | Pursuant to section 120.21 of OMB Circular A-11, one or more lines in the Budgetary Resources section may be rounded up. As a result, those rounded lines will not match the actuals reported on the SF 133. Agency will ensure that its fund control system will only allot actuals. |
The following are all of the footnotes associated with the previous iteration of this file. Note that previous iterations of accounts in this file may come from multiple previous files.
No footnotes available.
Notes about this page
- † Links to public laws are automatically generated and are not guaranteed to be accurate.