Institutional Federal Compliance Report 2021

____________________________________________________________________________________________ STATE OF NEW YORK • 137 The following presents a reconciliation of the bud- getary cash basis operating results as shown in the pre- ceding Budgetary Basis—Financial Plan and Actual Combined Schedule of Cash Receipts and Disbursements (Schedule) with the GAAP-basis operating results reported in the Statement of Revenues, Expenditures and Changes in Fund Balances—Governmental Funds (Statement) (amounts in millions):

Federal Special Revenue

General

receipts and other financing sources over/(under) disbursements and other financing uses per schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ entity differences: receipts and other financing sources over/(under) disbursements and other financing uses for funds and accounts not included in the cash basis financial plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . perspective differences: receipts and other financing sources over disbursements and other financing uses for funds treated as special revenue Funds in the financial plan and as part of the General Fund for Gaap reporting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Temporary interfund cash loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basis of accounting differences: revenue accrual adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . expenditure accrual adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net Change in Fund Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

(2,239) $

(1,542)

(1,283)

(33)

(99)

—00000

(1,145)

1,133

3,982

(206) 644

(507)

(1,291) $

(4)

funds. These temporary loans are covered by the General Fund’s share of the pool. A perspective dif- ference relating to the Infrastructure Trust Fund and Miscellaneous Special Revenue Accounts occurs because these funds are included in the Special Revenue Funds cash basis financial plan while the GAAP basis pre- sentation includes them in the General Fund.

The entity differences relate to the inclusion of certain funds considered to be Proprietary Funds for purposes of the cash basis financial plan. Perspective differences relate to variations in the presentation of the cash basis financial plan fund structure versus GAAP fund structure. A perspective difference for temporary interfund loans occurs when a fund tem- porarily overdraws its share of the pooled investment