THIS ACTION RENEWS THE CURRENT CLEARANCE OF THE COORDINATED FINANCIAL STATEMENTS, THROUGH DECEMBER 31, 1985. UNDER THE PAPERWORK REDUCTION ACT, THE FARMERS HOME ADMINISTRATION MAY CONTINUE TO USE THE CFS IN NORTH CAROLINA, AND TO REQUIRE IT OF NO MORE THAN TEN BORROWERS PER FMHA COUNTY OFFICE IN OTHER STATES. ALSO, AS A CONDITION FOR FURTHER CLEARANCE, THE FMHA SHOULD DEVELOP ALTERNATIVE GUIDELINES FOR THE USE OF THE CFS BY COUNTY STAFF. SEE FORTHCOMING LETTER.
Inventory as of this Action
Requested
Previously Approved
12/31/1985
12/31/1985
12/31/1984
306,500
0
306,500
1,369,305
0
1,369,305
0
0
0
REGULATION PRESCRIBES THE POLICIES, AND PROCEDURES FOR MANAGEMENT AND SUPERVISION OF APPLICANTS AND BORROWERS AND IMPLEMENTS THE NATIONWIDE USE OF "COORDINATED FINANCIAL STATEMENT" NEEDED TO IMPROVE THE COLLECTION AND RECORDKEEPING OF FINANCIAL DATA BY FMHA FARM BORROWERS.
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.
7 CFR 1930-B - MANAGEMENT AND SUPERVISION OF INDIVIDUAL APPLICANTS AND BORROWERS