Independently Audited Organizations
Special Year-End Reports
- Accounts Payable
- Cash Equity with Treasurer Adjustments
- Compensated Absences
- Health Benefits Funding Surplus/Deficit
- Intrastate Payables
- Investment Earnings
- Securities Lending
- Wages Payable
Accounts Payable
Financial Reporting Approach Statement
Reports
The following accounts payable reports are based on FY 07 transactions for all vouchers except for Intrastate vouchers processed in the State's Ohio Administrative Knowledge System (OAKS) from July 1, 2007 through August 31, 2007.
No report will appear for agencies without accounts payable activity.
Cash Equity with Treasurer Adjustments
Report
Compensated Absences
Financial Reporting Approach Statement
Reports
The compensated absences liability is calculated in accordance with the methodology described in the financial reporting approach statement above. Balances and values of earned leave by employee can be obtained directly from the State's Ohio Administrative Knowledge System (OAKS). For the advance funding of leave balances that occurs in CAS Fund 806: Accrued Leave, the last worksheet listed below shows the dollar amount of the adjustment to the "Cash Equity with Treasurer" balance(s) reported in your agency's CAS fund(s), as of June 30, 2007, for the assets held in Fund 806, an agency fund.
- Compensated_Absences_Liability.xls
- Cur_v_Noncur_Comp_Absences_Liab.xls
- 2007_Changes_in_Comp_Absences.xls
- Year_End_Fund_806_Distribution.xls
Health Benefits Funding Surplus/Deficit
Financial Reporting Approach Statement
Reports for Ohio Med HealthCare Plan
As of June 30, 2007, the Ohio Med Healthcare Plan reported a funding surplus. The following reports detail by CAS fund allocations of the employer's share of the plan's funding surplus and the balance of premiums prepaid by your agency for July coverage.
Reports for United Healthcare (UHC)
As of June 30, 2007, the United Healthcare (UHC) Plan reported a funding deficit. The following reports detail by CAS fund allocations of the employer's share of the plan's funding deficit, the employee's share of the plan's funding deficit, and the balance of premiums prepaid by your agency for July coverage.
- UHC_Deficit_employee_share_06_30_07.xls
- UHC_Deficit_employer_share_06_30_07.xls
- UHC_Prepayments _06_30_07.xls
Reports for Aetna Healthcare Plan
As of June 30, 2007, the Aetna Healthcare Plan reported a funding surplus. The following reports detail by CAS fund allocations of the employer's share of the plan's funding surplus and the balance of premiums prepaid by your agency for July coverage.
Intrastate Payables
Reports
The following intrastate payable reports are based on FY 07 Intrastate voucher transactions processed in the State's Ohio Administrative Knowledge System (OAKS) from July 1, 2007 through August 31, 2007.
No report will appear for agencies without intrastate payable activity.
Investment Earnings
Financial Reporting Approach Statement
Reports
- Invest_Income_Accruals_06_30_07.pdf
- Interest_Distribution_(GRF_vs_Non_GRF).xls
- Interest_Receivable_State_Treasury.xls
- Unrealized_loss_State_Treasury.xls
- TOS_Schedule_H_2.pdf
- TOS_Schedule_H_2b.pdf
- TOS_Schedule_H_3a.pdf
- TOS_Schedule_H_3b.pdf
Securities Lending
Financial Reporting Approach Statement
Reports for Cash Equity with Treasurer
In conformity with GASB Statement No. 28, Accounting and Financial Reporting for Securities Lending Transactions, the "Collateral on Lent Securities" and "Obligations under Securities Lending" accounts represent the share of the cash collateral the Treasurer of State has received in connection with securities lending activities involving the State's cash and investment pool (i.e., "Cash Equity with Treasurer" account). OBM allocates the balance of the collateral and the related obligation proportionately to each CAS fund on the basis of each respective fund's ending "Cash Equity with Treasurer" balance, as of June 30, 2007. For reporting on the statement of net assets/balance sheet only, with no effect on operating results, your agency should report an asset and liability relative to each CAS fund's share of the cash collateral held on lent securities, as of June 30, 2007.
Reports for STAR Ohio
In conformity with GASB Statement No. 28, Accounting and Financial Reporting for Securities Lending Transactions, the "Collateral on Lent Securities" and "Obligations under Securities Lending" accounts represent the share of the cash collateral the Treasurer of State has received in connection with securities lending activities involving the STAR Ohio investment pool. OBM allocates the balance of the collateral and the related obligation proportionately to each STAR Ohio account included in the STAR Ohio investment pool on the basis of each account's ending balance, as of June 30. For reporting on the statement of net assets/balance sheet only, with no effect on operating results, your agency should report an asset and liability relative to each of its STAR Ohio account's share of the cash collateral held on lent securities, as of June 30. However, as of June 30, 2007, the STAR Ohio investment pool did not have any securities lending agreements in effect, and subsequently, no collateral asset or liability balance will be reported.
