[Federal Register Volume 66, Number 57 (Friday, March 23, 2001)]
[Notices]
[Pages 16286-16292]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-7180]



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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4652-N-07]


Notice of Proposed Information Collection for the Low-Income 
Public Housing Financial Statements

AGENCY: Office of the Assistant Secretary for Public and Indian 
Housing, HUD.

ACTION:  Notice.

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SUMMARY: The proposed information collection requirement described 
below will be submitted to the Office of Management and Budget (OMB) 
for review, as required by the Paperwork Reduction Act. The Department 
is soliciting public comments on the subject proposal.

DATES: Comments Due Date: May 22, 2001.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
Control number and should be sent to: Mildred M. Hamman, Reports 
Liaison Officer, Public and Indian Housing, Department of Housing and 
Urban Development, 451 7th Street, SW., Room 4238, Washington, DC 
20410-5000.

FOR FURTHER INFORMATION CONTACT: Mildred M. Hamman, (202) 708-3642, 
extension 4128, for copies of the proposed forms and other available 
documents. (This is not a toll-free number).

SUPPLEMENTARY INFORMATION: The Department will submit the proposed 
information collection to OMB for review, as required by the Paperwork 
Reduction Act of 1995 (44 U.S.C. Chapter 35, as amended).
    This Notice is soliciting comments from members of the public and 
affected agencies concerning the proposed collection of information to: 
(1) Evaluate whether the proposed collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information will have practical utility; (2) 
evaluate the accuracy of the agency's estimate of the burden of the 
proposed collection of information; (3) enhance the quality, utility, 
and clarity of the information to be collected; and (4) minimize the 
burden of the collection of information on those who are to respond, 
including through the use of appropriate automated collection 
techniques or other forms of information technology; e.g., permitting 
electronic submission of responses.
    This Notice also lists the following information:
    Title of Proposal: Low-Income Public Housing Financial Statements.
    OMB Control Number; 2577-0067.
    Description of the need for the information and proposed use: 
Public Housing Agencies (PHAs) submit annually the Form HUD-52599 
electronically over the Internet or manually to HUD. The data contained 
on the form tracks the major accounts of the HUD-prescribed PHA 
operating budget forms and provides essential financial information on 
the operations of the PHA. HUD offices use the information provided by 
the financial statement for such purposes as: monitoring the overall 
effectiveness and efficiency of PHA operations and compliance with 
statutory and legal requirements, identifying at an early stage 
problems, potential problems, or negative trends affecting the 
financial solvency of a PHA; compliance with the approved operating 
budget of the PHA; establishing a nationwide data base for PHA 
operating income/expense information that is used in determining 
operating subsidy funding requirements and for other HUD analytical 
purposes.
    The Form HUD-52295, Report of Tenants Accounts Receivable (TAR), is 
used by the HUD field offices to monitor a PHA's ability to collect 
amounts due from tenants in possession by collecting, by negotiating 
payments, or by evicting tenants who refuse to pay; the form will be 
automated in a Public and Indian Housing (PIH) system.
    Forms HUD-52595, HUD-52596, HUD-52598, HUD-52603, HUD-53049, HUD-
52656 are being discontinued because sufficient comparable information 
is available as part of the financial data submitted by PHAs to HUD's 
Real Estate Assessment Center (REAC) under the Uniform Financial 
Reporting Standards prescribed in 24 CFR 5.801, Subpart H.
    The Form HUD 52599 requires the PHAs to submit data on operating 
income and expenses and surplus (or deficit) if any, with respect to 
the project or projects under each Annual Contributions Contract; the 
Form HUDD 52295 requires PHAs to submit information on the total 
accounts receivable for tenants in occupancy and for those who have 
vacated their units.
    Agency form number: HUD-52599; HUD-52295.
    Members of affected public: State, Local government.
    Estimation of the total number of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: 3,300, annually, total number of 
responses (2 forms), 1.25 hours per response for a total reporting 
burden of 4,125 hours.
    Status of the proposed information collection: Reinstatement, with 
change (automation).

    Authority: Section 3506 of the Paperwork Reduction Act of 1995, 
44 U.S.C. Chapter 35, as amended.

    Dated: March 16, 2001.
Gloria Cousar,
Acting General Deputy Assistant Secretary for Public and Indian 
Housing.

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[FR Doc. 01-7180 Filed 3-22-01; 8:45 am]
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