Note 7. Cash and Other Monetary Assets

FY 2007 Financial Report
Bureau of Resource Management
November 2007
Report

The Cash and Other Monetary Assets at September 30, 2007 and 2006, are summarized below (Dollars in Thousands). There are no restrictions on entity cash. Non-Entity cash is restricted as discussed below.

Cash and Other Monetary Assets
At September 30, 2007 and 2006
(Dollars in Thousands)
  2007 2006
Entity Assets Non-Entity
Assets
Total Entity Assets Non-Entity
Assets
Total
Hurricane Katrina Relief Efforts $     - $     -  $     -  $     - $     -  $     - 
Chancery Development            
Trust Account:            
Treasury Bills, at par       -  13,785   13,785        -  12,905   12,905 
Unamortized Discount       -     (18)     (18)       -    (205)    (205)
Cash-Imprest and Other Funds  46,615
single underline
      - 
single underline
 46,615 
single underline
 35,966
single underline
      - 
single underline
 35,966 
single underline
Total $46,615
double underline
$13,767 
double underline
$60,382 
double underline
$35,966
double underline
$12,700 
double underline
$48,666 
double underline

Lease fees collected from foreign governments by the Department for the International Chancery Center are deposited into an escrow account called the Chancery Development Trust Account. The funds are unavailable to the Department at time of deposit, and do not constitute expendable resources until funds are necessary for additional work on the Center project. The Chancery Development Trust account invests in six-month marketable Treasury bills issued at discount and redeemable for par at maturity. A corresponding liability for these amounts is reflected as Funds Held in Trust and Deposit Accounts.

 


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