Carryover Balances

Back to Table of Contents:  FY 2009 AGDUFA Financial Report

Under AGDUFA, fees collected, and not obligated at the end of a fiscal year remain available to the FDA in future fiscal years.  These funds are referred to as carryover balances.  The operations in FY 2009 resulted in a carryover balance of $2,462,696.

FOOD AND DRUG ADMINISTRATION
STATEMENT OF GENERIC NEW ANIMAL DRUG USER FEE COLLECTIONS,
OBLIGATIONS, AND CARRYOVER BALANCES BY FISCAL YEAR
AS OF SEPTEMBER 30, 2009*
 

Fiscal Year	Beginning Carryover	Net Collection	Obligation	Year-End Carryover
2009	-------	$4,587,996	$2,125,300	$2,462,696
2010	$2,462,696	--------	-------	-------

 
* Numbers may not add due to rounding to the nearest dollar.

Please note that the balances in the table reflect the cumulative cash from the beginning to the end of each fiscal year, and net cash collected during each fiscal year for all cohort years.  The numbers do not include any accounts receivable.

COLLECTIONS CEILINGS AND SURPLUS

Under AGDUFA, if the cumulative collections for FY 2009 through 2011, plus the amount of fees estimated to be collected in FY 2012, are in excess of the fee amounts specified in the Appropriation Act, the cumulative amount in excess of appropriations may be kept and used to reduce the fee rates when fees for FY 2013 are set.  The following table depicts FY 2009 fee collections realized (the same as Total Collections in the table on page 3), collection ceilings specified in the Appropriation Act, and the cumulative difference.

FOOD AND DRUG ADMINISTRATION
STATEMENT OF GENERIC NEW ANIMAL DRUG USER FEES COLLECTED, COLLECTIONS
CEILING, AND AMOUNTS TO OFFSET FUTURE COLLECTIONS
As of September 30, 2009

Fiscal Year	Collections Realized	Collection Ceiling	Amount to Offset Future Collections
2009	$4,587,996	$4,831,000	($234,004)
		Total:	($234,004)
		Balance to be Offset in a Subsequent Fiscal Year:	$0

Additional FY 2009 cohort year fees collected subsequent to September 30, 2009 will be reported in the FY 2010 financial report.

RESERVES AND BALANCE AVAILABLE FOR ALLOCATION

The table below provides a summary of carryover balances as of September 30, 2009, and anticipated claims on those balances.

The only claim on the carryover balance is for prudent operations that require a reserve be kept aside for other potential refunds.  For that purpose a total of $100,000 is being set aside.  That leaves a total of $2,362,696 available for allocation.  This is enough to fund estimated FY 2010 operations dependent upon user fee revenue for approximately 5.5 months.

FOOD AND DRUG ADMINISTRATION
SUMMARY STATEMENT OF CARRYOVER BALANCE
As of September 30, 2009
 

Status of Carryover Funds	Amount
Reserve for Future Collection Offset	$0
Reserve for Refunds	$100,000
Available for Allocation	$2,362,696
TOTAL Carryover Balance	$2,462,696

 

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