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Note 15. Reconciliation of Net Obligations and Net Cost of Operations

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The schedule presented in this footnote reconciles the net obligations with the Net Cost of Operations. Resources Used to Finance Activities reflects the budgetary resources obligated and other resources used to finance the activities of the agency. Resources Used to Finance Items Not Part of the Net Cost of Operations adjusts total resources used to finance the activities of the entity to account for items that were included in net obligations and other resources but were not part of the Net Cost of Operations. Components Requiring or Generating Resources in Future Periods identifies items that are recognized as a component of the net cost of operations for the period but the budgetary resources (and related obligation) will not be provided (or incurred) until a subsequent period. Components Not Requiring or Generating Resources includes items recognized as part of the net cost of operations for the period but that will not generate or require the use of resources. Net Cost of Operations agrees with the Net Cost of Operations as reported on the Statements of Net Cost. Certain FY 2008 amounts have been reclassified to conform to the FY 2009 presentation.

Reconciliation of Net Obligations and Net Cost of Operations
  2009 2008
RESOURCES USED TO FINANCE ACTIVITIES    
Budgetary Resources Obligated    
Obligations Incurred $147,689,481 $116,936,033
Less: Spending Authority from Offsetting Collections and Recoveries (1,127,833) (4,640,056)
Obligations Net of Offsetting Collections and Recoveries 146,561,648 112,295,977
Offsetting Receipts (828) (4,933)
Net Obligations After Offsetting Receipts 146,560,820 112,291,044
Other Resources    
Imputed Financing from Cost Absorbed by Others 5,415,370 3,880,429
Total Resources Used to Finance Activities $151,976,190 $116,171,473

RESOURCES USED TO FINANCE ITEMS NOT PART OF THE NET COST OF OPERATIONS
   
Change in Budgetary Resources Obligated for Goods, Services, and Benefits Ordered but not yet Provided (14,926,597) (10,184,214)
Resources that Fund Expenses Recognized in Prior Periods (Decrease in Unfunded Liabilities) (79,519) (336,280)
Offsetting Receipts 828 4,933
Resources that Finance the Acquisition of Assets (9,343,530) (853,027)
Total Resources Used to Finance Items Not Part of the Net Cost of Operations $(24,348,818) $(11,368,588)

COMPONENTS OF THE NET COST OF OPERATIONS THAT WILL
NOT REQUIRE OR GENERATE RESOURCES IN THE CURRENT PERIOD
   
Increase/(Decrease) in Contingent Liabilities - (310,000)
Increase in Unfunded Liabilities 1,902,666 133,088
Total Components of Net Cost of Operations that Will Require or Generate Resources in Future Periods $1,902,666 $(176,912)

COMPONENTS NOT REQUIRING OR GENERATING RESOURCES
   
Depreciation and Amortization 1,807,247 893,189
Other (3,511) (2,898)
Total Components of Net Cost of Operations that Will Not Require or Generate Resources $1,803,736 $890,291
Total Components of Net Cost of Operations that Will Not Require or Generate Resources in the Current Period $3,706,402 $713,379
NET COST OF OPERATIONS $131,333,774 $105,516,264