This program provides government finance data for state and local governments. This survey is conducted annually, as a national census every 5 years, and as a sample survey in each of the 4 interening years. The Census Bureau provides these data to the Federal Reserve Board for constructing the Nation's Flow of Funds Accounts, and the Bureau of Economic Analysis for their National Income and Product Accounts. The data is also used to monitor the government sector of the economy, and to formulate, develop, and review public policy. Federal agencies, state and local governments, and the private sector all use ...
The burden increase of 274 hours is attributable to the differential increase in average burden respondents will incur in filling out the newly added F-12A Form.
The F-12A will be completed by a portion of the respondents currently filling out the F-12. Respondents will not fill out both forms. The F-12A has a greater average burden than the F-12. More information on the newly incorporated F-12A Form can be found in the written justification that accompany's this nonsubstantive change request.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.