[Federal Register Volume 68, Number 166 (Wednesday, August 27, 2003)]
[Notices]
[Pages 51585-51586]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-21929]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4817-N-11]


Notice of Proposed Information Collection for Public Comment--
Public Housing Financial Management Template

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: October 27, 2003.

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 4249, Washington, DC 
20410-5000.

FOR FURTHER INFORMATION CONTACT: Mildred M. Hamman, (202) 708-0614, 
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

[[Page 51586]]

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.
    The Public Housing Financial Management template is the set of 
documents on which the Department collects financial information from 
Public Housing Agencies (PHAs). Pursuant to the Public Housing 
Assessment System (PHAS) regulation, PHAs annually submit both 
unaudited and audited financial information to the Department using the 
financial management template. In accordance with HUD regulatory 
requirements, PHAs enter the financial information on the template and 
electronically submit to HUD.
    This notice also lists the following information:
    Title of Proposal: Public Housing Financial Management Template.
    OMB Control Number: 2535-0107.
    Description of the need for the information and proposed use: The 
Uniform Financial Reporting Standards (UFRS) for HUD Housing Programs 
requires PHAs to submit financial data electronically, using Generally 
Accepted Accounting Principles (GAAP), in a prescribed format. The 
financial management template is that format. HUD uses the financial 
information it collects from PHAs to assist in the evaluation and 
assessment of the PHAs overall condition. Requiring PHAs to report 
electronically has enabled HUD to provide a more comprehensive 
assessment of the PHAs receiving Federal funds.
    Agency form numbers, if applicable: Not applicable.
    Members of affected public: Local, State, or tribal governments, 
not-for-profit institutions.
    Estimation of the total number of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: 3,173 PHAs; annual submission per PHA; 
average hours for PHA response is 10 hours; the total reporting burden 
is 31,961 hours.
    Status of the proposed information collection: Extension of a 
currently approved collection.

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

    Dated: August 20, 2003.
Michael Liu,
Assistant Secretary for Public and Indian Housing.
[FR Doc. 03-21929 Filed 8-26-03; 8:45 am]
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