Audit of the EPA's Fiscal
Years 2022 and 2021
(Restated) Pesticide
Registration Fund
Financial Statements

January 18, 2024 j Report No. 24-F-0017


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Report Contributors

Wanda Arrington
Elizabeth Brinson
Amir Eskarous
Robert Hairston
Tanishia Heilig
Damon Jackson
Sheree James
Ethel Lowery

Demetrios Papakonstantinou
Joshua Rodriguez
Kevin Ross
Philip Weihrouch

Abbreviations

EPA	U.S. Environmental Protection Agency

FY	Fiscal Year

OIG	Office of Inspector General

PRIA	Pesticide Registration Improvement Act

U.S.C.	United States Code

Cover Image

A tractor spraying pesticides in a field. (EPA image)

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At a Gla

24-F-0017
January 18, 2024

Audit of the EPA's Fiscal Years 2022 and 2021 (Restated) Pesticide Registration
Fund Financial Statements

Why We Did This Audit

To accomplish this objective:

The Pesticide Registration Improvement
Act requires that the U.S. Environmental
Protection Agency Office of Inspector
General perform an annual audit of the
financial statements for the Pesticide
Registration Fund. The Act requires the
EPA to assess and collect pesticide
registration fees. It also requires the EPA
to deposit the fees into the Pesticide
Registration Fund.

The Agency's Office of the Chief
Financial Officer is required to prepare
financial statements that present
financial information about the Pesticide
Registration Fund.

The Pesticide Registration Improvement
Act also requires the EPA to establish
time frames for its review and decision
on applications for pesticide
registrations, known as decision time
review periods. The Act requires that the
OIG conduct an annual audit of the
Pesticide Registration Fund financial
statements, including an analysis of the
fees collected and the Agency's
compliance with the decision time
review periods.

To support this EPA mission-related
effort:

• Operating efficiently and effectively.

The EPA Received an Unmodified Opinion for Fiscal Years 2022
and 2021 (Restated)

We rendered an unmodified opinion on the EPA's fiscal years 2022 and 2021 (restated)
Pesticide Registration Fund—also known as the Pesticide Registration Improvement Act,
or PRIA, Fund—financial statements, meaning that the statements were fairly presented
and free of material misstatement.

We found the fund's financial statements to be fairly presented and free
of material misstatement.

Significant Deficiency Noted

We noted the following significant deficiency: the EPA miscalculated the restatement
balances for Software in Development for the PRIA Fund financial statements note 13,
"Restatement," overstating the balance by $938,948.35.

Compliance with Applicable Laws, Regulations, Contracts,
and Grant Agreements

We did not identify any noncompliance that would result in a material misstatement to the
audited financial statements. In addition, the Agency was in compliance with the statutory
decision time review periods.

Recommendation and Agency Corrective Action

We recommended that the chief financial officer correct the restatement amount for the
Software in Development to accurately capture the amounts for note 13, "Restatement."
The EPA agreed with the recommendation and completed the corrective action.

Address inquiries to our public affairs
office at (202) 566-2391 or
OIG.PublicAffairs@epa.gov.

List of OIG reports.


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U.S. ENVIRONMENTAL PROTECTION AGENCY

OFFICE OF INSPECTOR GENERAL

January 18, 2024

MEMORANDUM

SUBJECT: Audit of the EPA's Fiscal Years 2022 and 2021 (Restated) Pesticide Registration Fund

This is our report on the subject audit conducted by the U.S. Environmental Protection Agency Office of
Inspector General. The project number for this audit was QA-FY23-0049. This report contains findings
that describe the problems the OIG has identified and corrective actions the OIG recommends. Final
determinations on matters in this report will be made by EPA managers in accordance with established
audit resolution procedures.

The Office of the Chief Financial Officer is responsible for the issues discussed in the report.

In accordance with EPA Manual 2750, your office completed an acceptable corrective action in response
to the OIG's recommendation. The recommendation is closed, and no final response to this report is
required. If you submit a response, however, it will be posted on the OIG's website, along with our
memorandum commenting on your response. Your response should be provided as an Adobe PDF file
that complies with accessibility requirements of section 508 of the Rehabilitation Act of 1973, as amended.
The final response should not contain data that you do not want to be released to the public; If your
response contains such data, you should identify the data for redaction or removal along with
corresponding justification.

We will post this report to our website at www.epaoig.gov.

Financial Statements
Report No. 24-F-0017

FROM: Damon Jackson, Director
Financial Directorate
Office of Audit

Damon (JcLckae^t

TO:

Faisal Amin, Chief Financial Officer

Michal liana Freedhoff, Assistant Administrator
Office of Chemical Safety and Pollution Prevention

To report potential fraud, waste, abuse, misconduct, or mismanagement, contact the OIG Hotline at (888) 546-8740 or OIG.Hotline@epa.gov.


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Table of Contents

Report on the Audit of the Financial Statements	1

Report on Internal Control over Financial Reporting	3

Report on Compliance with Laws, Regulations, Contracts, and Grant Agreements	4

Other Governmental Reporting Requirements	5

Management's Discussion and Analysis	6

Prior Reports	6

1	Significant Deficiency	7

2	Status of Recommendations	10

A Fiscal Years 2022 and 2021 (With Restatements) Pesticide Registration

Fund Financial Statements	11

B Agency Response to Draft Report	33

C Distribution	35

24-F-0017	i


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Inspector General's Audit Report on the EPA's
Fiscal Years 2022 and 2021 (Restated) Pesticide
Registration Fund Financial Statements

The Administrator

U.S. Environmental Protection Agency

Report on the Audit of the Financial Statements

Opinion

We have audited the financial statements of the U.S. Environmental Protection Agency's Pesticide
Registration Fund, also known as the Pesticide Registration Improvement Act, or PRIA, Fund. These
statements comprise the consolidated balance sheets, as of September 30, 2022 and 2021 (restated);
the related statements of net cost and changes in net position; the statement of budgetary resources for
the years then ended; and the related notes to the financial statements.

In our opinion, the financial statements, including the accompanying notes, present fairly, in all material
respects, the assets, liabilities, net position, net cost, changes in net position, and combined budgetary
resources of the EPA's PRIA Fund as of and for the years ended September 30, 2022 and 2021 (restated),
in accordance with the accounting principles generally accepted in the United States of America.

Basis for Opinion

We conducted our audit in accordance with auditing standards generally accepted in the United States
of America, known as generally accepted auditing standards. Our responsibilities under those standards
are further described in the "Auditor's Responsibilities for the Audit of the Financial Statements" section
of our report. We are required to be independent of the EPA and to meet our ethical responsibilities in
accordance with the relevant ethical requirements relating to our audits. We believe that the audit
evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Emphasis of Matter—Restatement of Fiscal Year 2021

As described in note 13, "Restatement," to the financial statements, the EPA restated its fiscal year 2021
PRIA Fund financial statements. During FY 2022, the EPA capitalized Software-in-Development costs that
were expensed in FY 2021 and prior. These expenses should have been capitalized in those respective
years. As a result, income and expenses from other appropriations were overstated, and the changes
also impacted the FY 2021 balance sheet, statement of net cost, and statement of changes in net
position.

Our opinion is not modified with respect to these corrections.

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Responsibilities of Management for the Financial Statements

The EPA's management is responsible for the preparation and fair presentation of these financial
statements in accordance with accounting principles generally accepted in the United States of America
and for the design, implementation, and maintenance of internal control relevant to the preparation
and fair presentation of financial statements that are free from material misstatement, whether due to
fraud or error.

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements, as a whole,
are free from material misstatement, whether due to fraud or error, and to issue an auditor's report
that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute
assurance and, therefore, is not a guarantee that an audit conducted in accordance with generally
accepted auditing standards will always detect a material misstatement when it exists. The risk of not
detecting a material misstatement resulting from fraud is higher than for one resulting from error, as
fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of
internal control. Misstatements are considered material if there is a substantial likelihood that,
individually or in the aggregate, they would influence the judgment made by a reasonable user based on
the financial statements.

In performing an audit in accordance with generally accepted auditing standards, we:

•	Exercise professional judgment and maintain professional skepticism throughout the audit.

•	Identify and assess the risks of material misstatement of the financial statements, whether due
to fraud or error, and design and perform audit procedures responsive to those risks. Such
procedures include examining, on a test basis, evidence regarding the amounts and disclosures
in the financial statements.

•	Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances but not for the purpose of expressing an
opinion on the effectiveness of the EPA's internal control. Accordingly, we express no such
opinion.

•	Evaluate the appropriateness of accounting policies used and the reasonableness of significant
accounting estimates made by management, as well as evaluate the overall presentation of the
financial statements.

We are also required to communicate with those charged with governance regarding, among other
matters, the planned scope and timing of the audit, significant audit findings, and certain internal
control-related matters that we identify during the audit.

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Report on Internal Control over Financial Reporting

Results of Our Consideration of Internal Control over Financial Reporting

Our consideration of the internal control over financial reporting was for the limited purpose of
expressing an opinion on the fund's financial statements and was not designed to identify all
deficiencies in internal control that might be material weaknesses or significant deficiencies; therefore,
deficiencies in internal control may exist that were not identified during our audit. A deficiency in
internal control over financial reporting exists when the design or operation of a control does not allow
management or employees, in the normal course of performing their assigned functions, to prevent or
detect and correct misstatements on a timely basis. A material weakness is a deficiency or a
combination of deficiencies in internal control over financial reporting, such that there is a reasonable
possibility that a material misstatement of the entity's financial statements will not be prevented or
detected and corrected on a timely basis. A significant deficiency is a deficiency or a combination of
deficiencies in internal control over financial reporting that is less severe than a material weakness yet
important enough to merit attention by those charged with governance.

We noted one matter that we consider to be a significant deficiency. This issue is summarized below and
detailed in Attachment 1.

Significant Deficiency

The EPA Miscalculated the Restatement Balances for Software in Development for the
PRIA Fund Financial Statements Note 13, "Restatement"

We found that the EPA understated the restated capitalized expenditure balance for the Software in
Development in the PRIA Fund restatement footnote by $938,948.35. The U.S. Government
Accountability Office's GAO-14-7Q4G, Standards for Internal Control in the Federal Government, known
as the Green Book, requires that federal entities establish internal control activities to ensure that they
provide accurate and timely recording of transactions and events. EPA personnel used the obligation
fiscal year instead of the actual expenses fiscal year to calculate the restatement. If the EPA does not
exercise due diligence when preparing the financial statements, it risks compromising the accuracy of
the financial statements and the reliance of the public and other interested parties on them to be free of
material misstatement.

Basis for Results of Our Consideration of Internal Control over Financial
Reporting

We performed our procedures related to the fund's internal control over financial reporting in
accordance with government auditing standards generally accepted in the United States of America.

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Responsibilities of Management for Internal Control over Financial Reporting

The EPA's management is responsible for designing, implementing, and maintaining effective internal
control over financial reporting relevant to the preparation and fair presentation of financial statements
that are free from material misstatement, whether due to fraud or error.

Auditor's Responsibilities for Internal Control over Financial Reporting

In planning and performing our audit of the PRIA Fund financial statements as of and for the year ended
September 30, 2022, in accordance with generally accepted auditing standards, we considered the
fund's internal control over financial reporting as a basis for designing audit procedures that are
appropriate in the circumstances for the purpose of expressing an opinion on the financial statements
and to comply with Office of Management and Budget Bulletin 22-01, Audit Requirements for Federal
Financial Statements but not to express an opinion on the effectiveness of the fund's internal control.
Accordingly, we do not express an opinion on the effectiveness of the fund's internal control over
financial reporting.

Intended Purpose of Report on Internal Control over Financial Reporting

Because of inherent limitations in internal control, misstatements, losses, or noncompliance may
nevertheless occur and not be detected.

Comparison of the EPA's Federal Managers' Financial Integrity Act Report to Our
Evaluation of Internal Control

Office of Management and Budget Bulletin 22-01 requires us to compare material weaknesses disclosed
during the audit with those material weaknesses reported in the Agency's Federal Managers' Financial
Integrity Act report that relate to the financial statements. We are also required to identify material
weaknesses disclosed by the audit that were not reported in the Agency's Federal Managers' Financial
Integrity Act report. The Agency's report is prepared and submitted at the consolidated level, of which
the PRIA Fund is a component. Accordingly, there are no findings to report at the PRIA Fund level.

Report on Compliance with Laws, Regulations, Contracts, and Grant
Agreements

Results of Our Tests for Compliance with Laws, Regulations, Contracts, and
Grant Agreements

Providing an opinion on compliance with provisions of laws, regulations, contracts, and grant
agreements was not an objective of our audit, and accordingly, we do not express such an opinion. We
did not identify any instances of noncompliance that would result in a material misstatement to the
audited financial statements.

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Basis of Results of Our Tests for Compliance with Laws, Regulations, Contracts,
and Grant Agreements

As part of obtaining reasonable assurance about whether the fund's financial statements are free of
material misstatement, we performed tests of the Agency's compliance with certain provisions of laws,
including those governing the use of budgetary authority, regulations, contracts, and grant agreements,
that have a direct effect on the determination of material amounts and disclosures in the fund's
financial statements.

Responsibilities of Management for Compliance with Laws, Regulations,
Contracts, and Grant Agreements

The EPA's management is responsible for complying with laws, regulations, contracts, and grant
agreements applicable to the Agency and the fund.

Auditor's Responsibilities for Tests of Compliance with Laws, Regulations,
Contracts, and Grant Agreements

We also performed certain other limited procedures as described in the American Institute of Certified
Public Accountants' Codification of Statements on Auditing Standards, AU-C section 250, "Consideration
of Laws and Regulations in an Audit of Financial Statements." Office of Management and Budget
Bulletin 22-01 mandates that we evaluate compliance with federal financial statement system
requirements, including those referred to in the Federal Financial Management Improvement Act
of 1996. We limited our tests of compliance to these provisions and did not test compliance with all laws
and regulations applicable to the EPA.

Intended Purpose of Report on Compliance with Laws, Regulations, Contracts,
and Grant Agreements

The purpose of this report is solely to describe the scope of our testing of compliance with selected
provisions of applicable laws, regulations, contracts, and grant agreements and the results of that
testing and not to provide an opinion on compliance. This report is an integral part of an audit
performed in accordance with government auditing standards generally accepted in the United States of
America in considering compliance. Accordingly, this report on compliance with laws, regulations,
contracts, and grant agreements is not suitable for any other purpose.

Other Governmental Reporting Requirements

Decision Time Review

PRIA, at 7 U.S.C. § 136w-8, requires that the EPA establish time frames for its review and
decision-making on applications for pesticide registration, which are known as decision time review
periods. PRIA further requires that the EPA publish in the Federal Register a schedule of decision review
periods for covered pesticide registration actions and the corresponding registration services that are
publicly available.

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PRIA additionally requires that the EPA Office of Inspector General conduct an annual audit of the PRIA
Fund's financial statements, to include an analysis of the PRIA Fund fees collected and the EPA's
compliance with the decision time review periods. Based on our audit, we determined that the Agency
was in compliance with the decision time review periods required by PRIA.

Management's Discussion and Analysis

Our audit was conducted for the purpose of forming an opinion on the PRIA Fund financial statements
as a whole. The "Management's Discussion and Analysis" section is presented for the purpose of
providing additional analysis and is not a required part of the basic financial statements. The information
in this section is management's responsibility. We obtained information from the fund's management
about its methods for preparing the "Management's Discussion and Analysis" section, and we reviewed
this information for consistency with the financial statements.

Our audit was not designed to express an opinion and, accordingly, we do not express an opinion on the
"Management's Discussion and Analysis" section. We did not identify any material inconsistencies
between the information presented in the fund's financial statements and the information presented in
the "Management's Discussion and Analysis" section.

Prior Reports

In our previous audit of the PRIA Fund's financial statements—EPA OIG Report No. 22-F-0060. The EPA's
Fiscal Years 2021 and 2020 (Restated) Financial Statements for the Pesticide Registration Fund, issued
September 26, 2022—there were no issues reported.

QxxckMm

Damon Jackson

Certified Public Accountant

Director, Financial Directorate

Office of Audit

Office of Inspector General

U.S. Environmental Protection Agency

August 18, 2023

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Attachment 1

1. The EPA Miscalculated the Restatement Balances for Software in Development

for the PRIA Fund Financial Statements Note 13, "Restatement"	8

24-F-0017	7


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1 - The EPA Miscalculated the Restatement Balances
for Software in Development for the PRIA Fund
Financial Statements Note 13, "Restatement"

We found that the EPA understated the restated capitalized expenditure balance for the Software in
Development in the PRIA Fund restatement note by $938,948.35. The Government Accountability
Office's Green Book requires that federal entities establish internal control activities to ensure that they
provide accurate and timely recording of transactions and events. EPA personnel used the obligation
fiscal year instead of the actual expenses fiscal year to calculate the restatement. If the EPA does not
exercise due diligence when preparing the financial statements, it risks compromising the accuracy of
the financial statements and the reliance of the public and other interested parties on them to be free of
material misstatement.

Statement of Federal Financial Accounting Standards No. 10, Accounting for Internal Use Software,
requires entities to capitalize the costs of software that meet the criteria for general property, plant, and
equipment. The software life cycle includes three phases: planning, development, and operations.
Capitalized software costs should include the full costs (direct and indirect) incurred during the
development phase. The Software-in-Development general ledger account represents costs incurred
only in the development phase and not in the planning and operations phases.

The Green Book requires that federal entities have internal control activities to ensure that they provide
accurate and timely recording of transactions and events. The Green Book defines the five components
of internal control in government. These components are:

•	Monitoring.

•	Information and communication.

•	Control activities.

•	Risk assessments.

•	Control environment.

Management should design control activities to achieve objectives and respond to risks. The standards
for control activities require appropriate documentation of transactions and internal control.
Management is to clearly document internal control, all transactions, and other significant events in a
manner that allows the documentation to be readily available for examination. The standards for control
activities require accurate and timely recording of transactions and events.

During our analysis of the FY 2022 PRIA Fund financial statements, we found that the EPA miscalculated
the restated capitalized expenditure balance for Software in Development in note 13, "Restatement."
We noted that the EPA's total restated balance for the Pesticide Registration Information System
Software in Development for FY 2018 through 2021 was as shown in Table 1.

24-F-0017

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Table 1: FY 2018 through 2021 Pesticide Registration Information System
Software-in-Development costs

Fund

Capitalized
expenditures
($)

Income and
expenses from other
appropriations ($)

Total ($)

Federal Insecticide, Fungicide, and Rodenticide Act

11,094,186.83

1,123,915.44

12,218,102.27

PRIA

6,638,109.35

833,102.57

7,471,211.92

Total

17,732,296.18

1,957,018.01

19,689,314.19

Source: OIG analysis of the EPA's footnote support. (EPA OIG table)

However, during our FY 2022 consolidated financial statement audit/ the EPA provided us support
showing a total amount of $20,561,059.80 covering the Pesticide Registration Information System
Software in Development for FY 2019 through 2021. Of this amount, the total cost for the PRIA Fund
should have been $8,410,160.27 and not $7,471,211.92, an understatement of $938,948.35.

Per our discussion with the EPA, the difference between the support provided during the PRIA Fund
financial statement audit and the consolidated financial statement audit was because of the use of the
obligation fiscal year during the PRIA Fund financial statement versus the actual expenses fiscal year
used during the consolidated financial statements. However, as provided by Statement of Federal
Financial Accounting Standards 10, the Agency should have used the expenses for the costs incurred and
not the obligated amounts. As such, the methodology of accumulating the prior year costs provided
different total expenses and fiscal years. The EPA is updating the restatement for the FY 2022 PRIA
Software-in-Development costs using the fiscal year in which the costs were expended, not by beginning
budget fiscal year, as provided in the draft statements submitted to the OIG.

If the EPA does not exercise due diligence when preparing the financial statements, it risks
compromising the accuracy of the financial statements and the reliance of the public and other
interested parties on them to be free of material misstatement.

Recommendation

We recommend that the chief financial officer:

1. Correct the restatement amount for Software in Development to accurately capture the
amounts for note 13, "Restatement."

Agency Response and OIG Assessment

The Agency agreed with our finding and recommendation and completed its corrective action on
August 23, 2023.

1 OIG Report No. 23-F-0002, The EPA's Fiscal Years 2022 and 2021 Consolidated Financial Statements, issued
November 15, 2022.

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Attachment 2

Status of Recommendations











Planned

Rec.

Page







Completion

No.

No.

Recommendation

Status*

Action Official

Date

1	9 Correct the restatement amount for Software in Development to C Chief Financial Officer 8/23/23

accurately capture the amounts for note 13, "Restatement."

* c =

R =
U =

Corrective action completed.

Recommendation resolved with corrective action pending.
Recommendation unresolved with resolution efforts in progress.

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Appendix A

Fiscal Years 2022 and 2021 (With Restatements)
Pesticide Registration Fund Financial Statements

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Fiscal Years 2022 and 2021 (With Restatements)
Pesticide Registration Fund Financial Statements

(III

Produced by the U.S. Environmental Protection Agency
Office of the Chief Financial Officer
Office of the Controller


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Table of Contents

Management's Discussion and Analysis	,1

Principal Financial Statements	3

Balance Sheet (Restated)	3

Statement of Net Cost (Restated)	4

Statement of Changes in Net Position (Restated)	5

Statement of Budgetary Resources	6

Notes to Financial Statements	,7

Note 1. Summary of Significant Accounting Policies	7

A.	Reporting Entities	7

B.	Basis of Presentation	7

C.	Budgets and Budgetary Accounting	7

D.	Basis of Accounting	8

E.	Revenues and Other Financing Sources	8

F.	Funds with the Treasury	8

G.	Advances and Prepayments	8

H.	Investments in U.S. Government Securities	8

I.	Property, Plant, and Equipment	8

J.	Liabilities	9

K.	Accrued Unfunded Annual Leave	9

L.	Advances from Others and Deferred Revenue	9

M.	Retirement Plan	9

N.	Offsetting Receipts	10

O.	Use of Estimates	10

P.	Reclassifications and Comparative Figures	10

Note 2. Fund Balance with Treasury (FBWT)	10

Note 3. Accounts Payable	11

Note 4. General Property Plant and Equipment, Net (Restated)	11

Note 5. Other Liabilities	12

Note 6. Recoveries and Resources Not Available, Statement of Budgetary Resources	13

Note 7. Unobligated Balances Available	14

Note 8. Undelivered Orders at the End of the Period	14

Note 9. Federal Employee Benefits Payable	14

Note 10. Income and Expenses from Other Appropriations (Restated)	15

Note 11. Intragovernmental Costs and Exchange Revenue (Restated)	15

Note 12. Reconciliation of Net Cost of Operations to Budget (Restated)	16

Note 13. Restatement	18


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Management's Discussion and Analysis


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Under the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) and the Federal Food, Drug, and
Cosmetic Act (FFDCA), as amended by the Food Quality Protection Act (FQPA) of 1996, the EPA's
Pesticide Program registers new pesticides and re-evaluates existing pesticides to ensure that they can be
used safely and that levels of residue in food and animal feed are safe (there is a reasonable certainty of no
harm). The Agency must also conclude that, when used in accordance with labeling and common
practices, the product will not generally cause unreasonable adverse effects on the environment.

The Pesticide Registration Improvement Act (PRIA) of 2003 established the Pesticide Registration Fund.
PRIA authorizes the collection of Registration service fees, which are deposited into the Pesticide
Registration Fund and made available for obligation to the extent provided in appropriation acts and are
available without fiscal year limitation.

Pesticide Registration

Under FIFRA and FFDCA pesticides must be registered by the EPA. The passage of PRIA introduced
deadlines for the Agency to complete certain registration actions. EPA expedites the registration of
reduced- risk pesticide uses, which generally pose lower risks to people and the environment. Accelerated
pesticide reviews provide an incentive for industry to develop and register lower risk pesticides, and the
availability of these reduced-risk pesticides provides alternatives to older, potentially more harmful
products currently on the market.

PRIA prescribed the amount of the registration service fee and the corresponding decision review time for
various categories of registration action. The goal is to create a more predictable evaluation process for
affected pesticide registrants and couple the collection of individual fees with specific decision-making
periods. The legislation also promotes shorter decision review periods for reduced-risk pesticide applications.
PRIA 1, effective on March 23, 2004, authorized collection of registration fees through FY 2008. The
Pesticide Registration Improvement Renewal Act (PRIA 2), effective on October 1, 2007, authorized
collection of registration fees through FY 2012. The Pesticide Registration Improvement Extension Act of
2012 (PRIA 3) was effective on October 1, 2012, authorized collection of registration fees through FY 2017.
The PRIA 3 statutory expiration date of September 30, 2017, was extended through fiscal year 2018 and part
of fiscal year 2019 by legislative language contained in 2018 and 2019 continuing resolutions as well as the
2018 omnibus spending bill. On March 8, 2019, the Pesticide Registration Improvement Extension Act of
2018 (PRIA 4) reauthorized PRIA for five years, through fiscal year 2023. The Pesticide Registration
Improvement Act of 2022 (PRIA 5) was enacted into law on December 29, 2022, reauthorizing PRIA
through FY 2027. As PRIA 5 is effective starting in FY 2023, it does not have bearing for FY 2021 or 2022.
PRIA and its reauthorizations can be found on the following webpage (PRIA 5 has not yet been added)-
https://www.epa.gov/pria-fees/about-pesticide-registration-fees-under-pria.

For a pending or a new application covered by PRIA to be deemed complete and subject to the decision
review periods, a registrant is required to pay the applicable fee or receive a waiver or exemption from the
fee. For most applications, the decision review period starts 21 days after submission of the application,
provided that the fee has been paid, fee waiver granted or in the case of a 75% or 50% fee waiver under
PRIA 4, the waiver has been granted and the remaining fee has been paid. PRIA 4 legislation provides fee
waivers for certain categories of small businesses and minor uses1. Exemption from the requirement to pay
a registration service fee is continued under PRIA 4 for applications solely associated with IR-4 petitions2.

lMinor use pesticides are those that produce relatively little revenue for their manufacturers, for a variety of reasons. They may be
registered for a seldom seen pest, or for a crop that is not grown by a large number of producers. However, minor crops include
some high revenue fruit, vegetable, and ornamental crops.

2The IR-4 (Interregional Research Project No.4) program is involved in making sure that pesticides are registered for use on minor
crops. IR-4 helps by conducting research on minor use pesticides, pesticides that would not otherwise be profitable to manufacture.

EPA's FY 2022 Annual PRIA Financial Statements

1.


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Applications from federal and state agencies are also exempt from registration service fees. If the registrant
requests a waiver or reduction of the fee, the decision review period will begin when the Agency grants
such request or in the case of small business fee waivers, no more than 60 days after receipt of the waiver
application. If the Agency determines that a fee is required and the waiver is not granted, the decision
review period starts after the fee is collected.

PRIA 4 contains the same audit provision as PRIA 3. PRIA 4 continues authority established under PRIA 3
to reject an application if it fails a preliminary technical screen. PRIA 4 modifies fees for existing categories,
creates new fee categories, and in a few cases, amends the category definitions. PRIA 4 increases the fee
categories or types of applications covered by PRIA from 189 to 212 and continues PRIA 3 set-asides for
farm worker protection activities, partnership grants and pesticide safety education programs. PRIA 4
authorized two 5% fee increases, the first beginning in FY 2020 and the second beginning in FY 2022.

Highlights and Accomplishments
Registration Financial Perspective

During FY 2022, the Agency's obligations charged against the PRIA Fund for the cost of registration were
$21.2 million and 74.4 work-years. Of this amount, the Office of Pesticide Programs (OPP) obligated $11.9
million in Personnel Compensation and Benefits (PC&B).

Appropriated funds are used in addition to registration fee funds. In FY 2022, approximately $15.4
million in appropriated funds were expended for pesticide registration activities.

The Pesticide Registration Fund has two types of receipts: fee collections and interest earned on
investments. Of the $23.9 million in FY 2022 net receipts, more than 99.9% were fee collections.

Registration Program Performance Measures

The following measure supports the program's strategic goal: ensuring the safety of chemicals and pollution
prevention.

Measure 1: Percentage of risk assessments supporting pesticide registration decisions for new active
ingredients that consider the effects determinations or protections of federally threatened and
endangered species.

Results: In FY 2022, 100% of risk assessments supporting new active ingredient regulatory decisions
considered effects determinations or protections of federally threatened and endangered species under
the Endangered Species Act (ESA). This exceeded the target of 40% of risk assessments incorporating
ESA considerations.

EPA's FY 2022 Annual PRIA Financial Statements

2.


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Principal Financial Statements

U.S. Environmental Protection Agency
PRIA
Balance Sheet
As of September 30, 2022 and 2021 (Restated)
(Dollars in Thousands)

(Restated)
2022	2021

ASSETS:

Intragovernmental:

Fund Balance With Treasury (Note 2)	$ 19,664	$ 16,896

Advances and Prepayments 	104		42

Total Intragovernmental	19,768	16,938

Other Than Intragovernmental:

General Property, Plant and Equipment, Net (Notes 4 and 13) (Restated) 	7.311		6.125

Total Other Than Intragovernmental	7,311	6,125

Total Assets $	27.079	$	23.063

LIABILITIES:

Intragovernmental:

Other Liabilities (Note 5)	$	569 $	219

Total Intragovernmental	569	219

Other Than Intragovernmental:

Accounts Payable (Note 3)	71	-

Federal Employee Benefits Payable (Note 9)	3,165	2,959

Advances from Others and Deferred Revenue	17,329	15,364

Other Liabilities (Note 5)		1.268 	917

Total Other Than Intragovernmental		21.833 	19.240

Total Liabilities		22.402 	19.459

NET POSITION:

Cumulative Results of Operations - Funds from Dedicated Collections (Note 13)

(Restated)	4.677	3.604

Total Net Position	4,677	3,604

Total Liabilities and Net Position	$	27.079 $	23.063

The accompanying notes are an integral part of these financial statements.
EPA's FY 2022 Annual PRIA Financial Statements

3.


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U.S. Environmental Protection Agency
PRIA
Statement of Net Cost
For the Fiscal Years Ended September 30, 2022 and 2021 (Restated)

(Dollars in Thousands)

Restated
2022	2021

COSTS

Gross Costs (Note 11) (Restated)

$ 21,165 $

17,746

Expenses from Other Appropriations (Notes 10 and 13) (Restated)

38.067

42.933

Total Costs

59,232

60,679

Less:





Earned Revenue (Notes 11 and 13)

21.524

19.916

NET COST OF OPERATIONS (Notes 12 and 13) (Restated)

$ 37.708 $

40.763

The accompanying notes are an integral part of these financial statements.
EPA's FY 2022 Annual PRIA Financial Statements

4.


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U.S. Environmental Protection Agency
PRIA

Statement of Changes in Net Position
For the Fiscal Years Ended September 30, 2022 and 2021 (Restated)

(Dollars in Thousands)

Restated

2022	2021

CUMULATIVE RESULTS OF OPERATIONS:

Beginning Balance (Note 13) (Restated)	$ 3,604	$ (2,539)

Corrections of Errors		-		3.319

Beginning Balance, as Adjusted	3,604	780

Nonexchange Revenue	63	4

Income from Other Appropriations (Note 10 and 13)	38,067	42,933

Imputed Financing Sources	651	650

Net Cost of Operations (Notes 12 and 13) (Restated)	(37.708)	(40.763)

Net Change in Cumulative Results of Operations	1,073	2,824

Total Cumulative Results of Operations	$	4.677 $	3.604

Net Position	$	4.677 $	3.604

The accompanying notes are an integral part of these financial statements.
EPA's FY 2022 Annual PRIA Financial Statements

5.


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U.S. Environmental Protection Agency
PRIA

Statement of Budgetary Resources
For the Fiscal Years Ended September 30, 2022 and 2021
(Dollars in Thousands)





2022

2021

BUDGETARY RESOURCES







Unobligated Balance From Prior Year Budget Authority, Net (discretionary)

$

8,836 $

9,696

Appropriations (discretionary)



23.554

20.028

Total Budgetary Resources

$

32.390 $

29.724

STATUS OF BUDGETARY RESOURCES







New Obligations and Upward Adjustments (total)

$

21,102 $

21,288

Unobligated Balance, End of Year:







Apportioned, Unexpired Accounts



11.288

8.436

Unobligated Balance, End of Year (total): (Note 7)



11.288

8.436

Total Status of Budgetary Resources

$

32.390 $

29.724

OUTLAYS, NET







Outlays, Net (total) (discretionary)

$

20,786 $

19,807

Distributed Offsetting Receipts (-)



(23.554)

(20.028)

Agency Outlays, Net (discretionary)

$

(2.768) $

(221)

The accompanying notes are an integral part of these financial statements.

EPA's FY 2022 Annual PRIA Financial Statements

6.


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U.S. Environmental Protection Agency
PRIA

Notes to the Financial Statements
For the Fiscal Years Ended September 30, 2022 and 2021
(Dollars in Thousands)

Note 1. Summary of Significant Accounting Policies

A.	Reporting Entities

The EPA was created in 1970 by executive reorganization from various components of other federal agencies
to better marshal and coordinate federal pollution control efforts. The Agency is generally organized around
the media and substances it regulates - air, land, water, waste, pesticides, and toxic substances.

The Pesticide Registration Fund (PRIA) is authorized under the Pesticide Registration Improvement Act of
2003 (which amended the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA), and became
effective on March 23, 2004. This Act authorizes the EPA to assess and collect pesticide registration service
fees on applications submitted to register pesticides covered by this Act, as well as assess and collect fees to
register new active ingredients not listed in the Registration Division 2003 Work Plan of the Office of
Pesticide Programs. The Pesticide Registration Improvement Renewal Act (commonly referred to as PRIA
2) extended the authority to collect pesticide registration service fees through FY 2012. PRIA 2 became
effective October 1, 2007. PRIA 2 was reauthorized with the passage of the Pesticide Registration
Improvement Extension Act (referred to as PRIA 3) on September 28, 2012. PRIA 3 became effective
October 1, 2012, and authorized collection of registration fees through FY 2018. PRIA 4 became effective
March 8, 2019 and authorized collection of registration fees through FY 2023.The PRIA Fund is accounted
for under Treasury symbol number 68X5374.

The PRIA fund may charge some administrative costs directly to the fund and charge the remainder of the
administrative costs to Agency-wide appropriations. See Note 10 Income and Expenses from Other
Appropriations for amounts included in Income from Other Appropriations on the Statement of Changes in
Net Position and as Expenses from Other Appropriations on the Statement of Net Cost.

B.	Basis of Presentation

These financial statements have been prepared to report the financial position and results of operations of the
EPA for the Pesticide Registration Fund (PRIA) as required by the Chief Financial Officers Act of 1990 and
the Pesticide Registration Improvement Act (PRIA) of 2003. In the prior years, pesticide registration was
included in the FIFRA financial statements. The reports have been prepared from the books and records of
the EPA in accordance with Office of Management and Budget (OMB) Circular A-136 Financial Reporting
Requirements, and the EPA's accounting policies which are summarized in this note. These statements are
therefore different from the financial reports also prepared by the EPA pursuant to OMB directives that are
used to monitor and control the EPA's use of budgetary resources. The balances in these reports have been
updated from the EPA consolidated financial statements to reflect the use of FY 2018 cost factors for
calculating imputed costs for Federal civilian benefits programs. These updates impact the Balance Sheet,
Statement of Net Cost, and Statement of Changes in Net Position.

C.	Budgets and Budgetary Accounting

Funding for PRIA is provided by fees collected from industry to offset costs incurred by EPA in carrying out
these programs. Each year, the EPA submits an apportionment request to OMB based on the anticipated
collections of industry fees.

EPA's FY 2022 Annual PRIA Financial Statements

7.


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U.S. Environmental Protection Agency
PRIA

Notes to the Financial Statements
For the Fiscal Years Ended September 30, 2022 and 2021
(Dollars in Thousands)

D.	Basis of Accounting

Generally Accepted Accounting Principles (GAAP) for federal entities is the standard prescribed by the
Federal Accounting Standards Advisory Board (FASAB), which is the official standard-setting body for the
Federal Government and the American Institute of Certified Public Accountants (AICPA). The financial
statements are prepared in accordance with GAAP for federal entities.

Transactions are recorded on an accrual accounting basis and a budgetary basis. Under the accrual method,
revenues are recognized when earned and expenses are recognized when liabilities are incurred, without
regard to receipt or payment of cash. Budgetary accounting facilitates compliance with legal constraints and
controls over the use of federal funds posted in accordance with OMB directives and the U.S. Treasury
regulations. All interfund balances and transactions have been eliminated.

EPA uses a modified matching principle since federal entities recognize unfunded liabilities (without
budgetary resources) in accordance FASAB Statement of Federal Financial Accounting Standards (SFFAS)
No. 5 Accounting for Liabilities of the Federal Government.

E.	Revenues and Other Financing Sources

For FYs 2022 and 2021, PRIA received funding from fees collected from registrants requesting pesticide
registrations. For FYs 2022 and 2021, revenues were recognized from fee collections to the extent that
expenses are incurred during the fiscal year.

F.	Funds with the Treasury

The PRIA fund deposits receipts and processes disbursements through its operating account maintained at the
U.S. Department of the Treasury.

G.	Advances and Prepayments

PRIA advances funds to the EPA's Working Capital Fund to pay for computer, postage, and other
administrative support services.

H.	Investments in U. S. Government Securities

Investments in U. S. government securities are maintained by Treasury and are reported at amortized cost net
of unamortized discounts. Discounts are amortized over the term of the investments and reported as interest
income. PRIA holds the investments to maturity, unless needed to finance operations of the fund. No
provision is made for unrealized gains or losses on these securities because, in most cases, they are held to
maturity.

I.	Property, Plant, and Equipment

General property, plant, and equipment for PRIA consists of software in production. Internal use software
includes purchased commercial off-the-shelf software, contractor developed software and software that was
internally developed by Agency employees. In FY 2017, the EPA reviewed its capitalization threshold levels
for PP&E. The Agency performed an analysis of the values of software assets and increased the capitalization
threshold from $250 thousand to $5 million to better align with major software acquisition investments. The
$5 million threshold will be applied prospectively to software acquisitions and modifications/enhancements
placed into service after September 30, 2016. Software assets placed into service prior to October 1, 2016

EPA's FY 2022 Annual PRIA Financial Statements

8.


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U.S. Environmental Protection Agency
PRIA

Notes to the Financial Statements
For the Fiscal Years Ended September 30, 2022 and 2021
(Dollars in Thousands)

were capitalized at the $250 thousand threshold. Internal use software is capitalized at full cost (direct and
indirect) and amortized using the straight-line method over its useful life, not exceeding five years.

J. Liabilities (See Note 5)

Liabilities represent the amount of monies or other resources that are more likely than not to be paid by the
Agency as the result of an Agency transaction or event that has already occurred and can be reasonably
estimated. However, no liability can be paid by the Agency without an appropriation or other collections.
Liabilities for which an appropriation has not been enacted are classified as unfunded liabilities and there is
no certainty that the appropriations will be enacted. For PRIA, liabilities are liquidated from fee receipts,
since PRIA receives no appropriation. Fees collected by the Agency are classified as unearned revenue until
expended. Liabilities of the Agency arising from anything other than contracts can be abrogated by the
Government acting in its sovereign capacity.

K. Accrued Unfunded Annual Leave

Annual, sick, and other leave is expensed as taken during the fiscal year. Annual leave earned but not taken
at the end of the fiscal year is accrued as an unfunded liability. Accrued unfunded annual leave is included in
the Balance Sheet as a component of "Federal Employee Benefits Payable." Sick leave earned but not taken
is not accrued as a liability. It is expensed as it is used.

L. Advances from Others and Deferred Revenue (See Note 10)

Fees collected by the PRIA program that have not yet been expended are considered deferred revenue.
Deferred revenue will fluctuate in conjunction with expenses paid from other appropriations and program
expenses.

M. Retirement Plan

There are two primary retirement systems for federal employees. Employees hired prior to January 1, 1987,
may participate in the Civil Service Retirement System (CSRS). On January 1, 1987, the Federal Employees
Retirement System (FERS) went into effect pursuant to Public Law 99-335. Most employees hired after
December 31, 1986, are automatically covered by FERS and Social Security. Employees hired prior to
January 1, 1987, elected to either join FERS and Social Security or remain in CSRS. A primary feature of
FERS is that it offers a savings plan to which the Agency automatically contributes one percent of pay and
matches any employee contributions up to an additional four percent of pay. The Agency also contributes the
employer's matching share for Social Security.

With the issuance of SFFAS No. 5, Accounting for Liabilities of the Federal Government, accounting, and
reporting standards were established for liabilities relating to the federal employee benefit programs
(Retirement, Health Benefits, and Life Insurance). SFFAS No. 5 requires that the employing agencies
recognize the cost of pensions and other retirement benefits during their employees' active years of service.
SFFAS No. 5 requires that the Office of Personnel Management (OPM), as administrator of the CSRS and
FERS, the Federal Employees Health Benefits Program, and the Federal Employees Group Life Insurance
Program, provide federal agencies with the actuarial cost factors to compute the liability for each program.

EPA's FY 2022 Annual PRIA Financial Statements

9.


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U.S. Environmental Protection Agency
PRIA

Notes to the Financial Statements
For the Fiscal Years Ended September 30, 2022 and 2021
(Dollars in Thousands)

N. Offsetting Receipts

Beginning in FY 2007 OMB Circular A-136, Financial Reporting Requirements, requires that the amount of
distributed offsetting receipts reported in the Statement of Budgetary Resources (SBR) should equal the
amount recorded as offsetting receipts by the Department of the Treasury (Treasury). Pesticide Registration
Fees collected under PRIA are offsetting receipts by Treasury.

O. Use of Estimates

The preparation of financial statements requires management to make certain estimates and assumptions that
affect reporting amounts of assets, liabilities and the reported amounts of the revenue and expenses during
the period. Actual results could differ from those estimates.

P. Reclassifications and Comparative Figures

Certain reclassifications have been made to the prior year's financial statements to enhance comparability
with the current year's financial statements in accordance with Office of Management and Budget (OMB)
Circular No. A-136, Financial Reporting Requirements revised June 3, 2022. As a result, the form and
content of the Balance Sheet has changed to conform with OMB Circular No. A-136.

Note 2. Fund Balance With Treasury (FBWT)

Fund Balance with Treasury as of September 30, 2022 and 2021 consists of the following:

	2022	2021	

Entity	Non-Entity Entity	Non-Entity

Assets	Assets Total Assets Assets	Total

Other Fund Types:

PRIA $ 19.664	$ $ 19.664 $ 16.896	$	$ 16.896

Total $ 19.664	$ $ 19.664 $ 16.896 $	$ 16.896

Status of Fund Balances: 2022	2021

Unobligated Amounts in Fund Balance:

Available for Obligation	$ 11,288	$ 7,408

Unavailable for Obligation	833	1,028

Obligated Balance not yet Disbursed		7.543 	8.460

Total	$ 19.664	$ 16.896

EPA's FY 2022 Annual PRIA Financial Statements

10.


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U.S. Environmental Protection Agency
PRIA

Notes to the Financial Statements
For the Fiscal Years Ended September 30, 2022 and 2021
(Dollars in Thousands)

Note 3. Accounts Payable

The Accounts Payable are current liabilities and consist of the following amounts as of September 30, 2022
and 2021:

2022	2021

Other Than Intragovernmental:

Accounts Payable	$	71 $	:	

Total	$	71 $	-

Note 4. General Property, Plant and Equipment, Net (Restated)

General property, plant, and equipment (PP&E) consist of software, real property, EPA-held and contractor-
held personal property, and capital leases.

As of September 30, 2022, General PP&E Cost consisted of the following:

EPA-

Held	Software	Software

Balance, Beginning of Year

Additions

Balance, End of Year

Total

$

280

$ 5,050

$ 5,900

$

11,230



-

-

1.242



1.242

$

280

$ 5.050

$ 7.142

$

12.472

As of September 30, 2022, General PP&E Accumulated Depreciation consisted of the following:

EPA-

Held	Software	Software

Total

Balance, Beginning of Year

Depreciation Expense
Balance, End of Year

$

55

$ 5,050

$

$

5,105



56

-

-



56

$

111

$ 5.050

$

$

5.161

As of September 30, 2022, General PP&E, Net consisted of the following:

EPA-

Held Software	Software

Equipment (Production)	(Development) Total

Balance, End of Year, Net	$	169 $	:	 $	7.142 $	7.311

EPA's FY 2022 Annual PRIA Financial Statements

11.


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U.S. Environmental Protection Agency
PRIA

Notes to the Financial Statements
For the Fiscal Years Ended September 30, 2022 and 2021
(Dollars in Thousands)

As of September 30, 2021, General PP&E Cost consisted of the following: (Restated)

EPA-	(Restated)

Held	Software	Software

Balance, Beginning of Year

Additions

Balance, End of Year

Total

$

202

$ 5,050

$ 3,318

$

8,570



78

-

2.582



2.660

$

280

$ 5.050

$ 5.900

$

11.230

As of September 30, 2021, General PP&E Accumulated Depreciation consisted of the following:

EPA-

Held	Software	Software

Total

Balance, Beginning of Year

Depreciation Expense
Balance, End of Year

$

1

$ 4,951

$

$

4,952



54

99

-



153

$

55

$ 5.050

$

$

5.105

As of September 30, 2021, General PP&E, Net consisted of the following:

Balance, End of Year, Net

EPA-
Held
Equipment

Software

(Restated)
Software

(Production) (Development)

225 $

$

Total

5.900 $_

6.125

Note 5. Other Liabilities

Other Liabilities consist of the following as of September 30, 2022:

Covered by	Not Covered

Budgetary	by Budgetary

Resources	Resources

Current

Employer Contributions & Payroll Taxes $ 148	$

Accrued Liabilities 	421		-

Total Intragovernmental

$_

569 $_

Total

148
421
569

Other Liabilities - Other Than Intragovernmental
Current

Other Accrued Liabilities
Accrued Funded Payroll and Benefits
Total Other Than Intragovernmental

668
600

1.268 $_

668
600
1.268

EPA's FY 2022 Annual PRIA Financial Statements

12.


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U.S. Environmental Protection Agency
PRIA

Notes to the Financial Statements
For the Fiscal Years Ended September 30, 2022 and 2021
(Dollars in Thousands)

Other Liabilities consist of the following as of September 30, 2021:

Covered by Not Covered

Current

Employer Contributions & Payroll Taxes
Accrued Liabilities

Total Intragovernmental

Budgetary
Resources

by

Resources

82 $
137

219 $_

Total

82
137
219

Other Liabilities - Other Than Intragovernmental
Current

Other Accrued Liabilities
Accrued Funded Payroll and Benefits
Total Other Than Intragovernmental

573 $
344

917 $

573
344
917

At various periods throughout FY 2022 and FY 2021 employees with their associated payroll costs were
transferred from PRIA to the Environmental Programs and Management (EPM) appropriation. These
employees were transferred to keep PRIA's obligations and disbursements within budgetary limits.

This process has led to variations between the year-end liabilities of FYs 2022 and 2021. The liabilities
covered by budgetary resources (both intragovernmental and non-Federal) represent unpaid payroll and
benefits at year-end.

Note 6. Recoveries and Resources Not Available, Statement of Budgetary Resources

Recoveries of Prior Year Obligations, Temporarily Not Available, and Permanently Not Available on the
Statement of Budgetary Resources consist of the following amounts as of September 30, 2022 and 2021:

2022	2021

Unobligated Balance Brought Forward, Oct 1.

$ 8.436 $

9.014

Adjustments to Budgetary Resources Made During the Current Year





Downward Adjustments of Prior Year Undelivered Orders

400

734

Other Adjustments

-

(52)

Total

400

682

Unobligated Balance from Prior Year Budget Authority, Net





(discretionary and mandatory)

$ 8.836 $

9.696

Temporarily Not Available - Rescinded Authority

$ (833) $

(833)

EPA's FY 2022 Annual PRIA Financial Statements

13.


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U.S. Environmental Protection Agency
PRIA

Notes to the Financial Statements
For the Fiscal Years Ended September 30, 2022 and 2021
(Dollars in Thousands)

Note 7. Unobligated Balances Available

Unexpired unobligated balances are available to be apportioned by the OMB for new obligations at the
beginning of the following fiscal year. The expired unobligated balances are only available for upward
adjustments of existing obligations.

The unobligated balances available consist of the following as of September 30, 2022 and 2021:

2022	2021

Unexpired Unobligated Balance	$	11.288 $	8.436

Total	S 11.288 S 8.436

Note 8. Undelivered Orders at the End of the Period

Undelivered orders consist of the following as of September 30, 2022 and 2021:

2022	2021

Intragovernmental:

Unpaid Undelivered Orders	$ 99	$ (1,693)

Paid Undelivered Orders	104	42
Other Than Intragovernmental:

Unpaid Undelivered Orders	5,852	8,129

Paid Undelivered Orders		(399)		-

Total	$	5.656	$	6.478

Note 9. Federal Employee Benefits Payable

Payroll and benefits payable to the EPA employees for the years September 30, 2022 and 2021 consist of the
following:

FY 2022 Federal Employee Benefits Payable

Employer Contributions Payable - Thrift Savings Plan
Total - Current

Accrued Unfunded Annual Leave
Total - Non-Current

Total

Covered by
Budgetary
Resources

Not Covered
by Budgetary
Resources

Total

$

71

$



$

71



71



3.094



71
3.094



-



3,094



3,094

$

71

$

3.094

$

3.165

EPA's FY 2022 Annual PRIA Financial Statements

14.


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U.S. Environmental Protection Agency
PRIA

Notes to the Financial Statements
For the Fiscal Years Ended September 30, 2022 and 2021
(Dollars in Thousands)

FY 2021 Federal Employee Benefits Payable

Employer Contributions Payable - Thrift Savings Plan
Total - Current

Covered by
Budgetary
Resources

$.

40

Not Covered
by Budgetary
Resources

_40 $_

Total

40

40

Accrued Unfunded Annual Leave
Total - Non-Current

Total

40 $_

2.919

2,919
2.919 $_

2.919

2,919
2.959

Note 10. Income and Expenses from Other Appropriations (Restated)

The Statement of Net Cost reports the program costs that include the full cost of the program outputs and
consist of the direct costs and all other costs that can be directly traced, assigned on a cause-and-effect basis,
or reasonably allocated to program outputs.

During FYs 2022 and 2021, the EPA had two appropriations which funded a variety of programmatic and
non-programmatic activities across the Agency, subject to statutory requirements. The EPM appropriation
was created to fund personnel compensation and benefits, travel, procurement, and contract activities.

As illustrated below there is no impact on EPA's Statement of Changes in Net Position.

(Restated)
2022	2021

Income from Other Appropriations	$ 38,067 $ 42,933

Expenses from Other Appropriations		38.067 	42.933

Net Effect	$	-	$	:	

Note 11. Exchange Revenues, Statement of Net Cost (Restated)

Restated
2022	2021

Costs:





Intragovernmental

$ 5,138 $

4,483

Other Than Intragovernmental (Restated)

16,027

13,263

Expenses from Other Appropriations

38.067

42.933

Total Costs

59,232

60,679

Revenue:





Other Than Intragovernmental (Restated)

21.524

19.916

Total Revenue

21,524

19,916

Net Cost of Operations:

$ 37.708 $

40.763

Intragovernmental costs relate to the source of the goods or services not the classification of the related
revenue.

EPA's FY 2022 Annual PRIA Financial Statements

15.


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U.S. Environmental Protection Agency
PRIA

Notes to the Financial Statements
For the Fiscal Years Ended September 30, 2022 and 2021
(Dollars in Thousands)

Note 12. Reconciliation of Net Cost of Operations to Net Outlays (Restated)

Budgetary and financial accounting information differ. Budgetary accounting is used for planning and control
purposes and relates to both the receipt and use of cash, as well as reporting the federal deficit. Financial accounting is
intended to provide a picture of the government's financial operations and financial position, so it presents
information on an accrual basis. The accrual basis includes information about costs arising from the consumption of
assets and the incurrence of liabilities. The reconciliation of net outlays, presented on a budgetary basis, and the net
cost, presented on an accrual basis, provides an explanation of the relationship between budgetary and financial
accounting information.

The reconciliation serves not only to identify costs paid for in the past and those that will be paid in the future, but
also to assure integrity between budgetary and financial accounting. The reconciliation explains the relationship
between the net cost of operations and net outlays by presenting components of net cost that are not part of net outlays
(e.g., depreciation and amortization expenses of assets previously capitalized, change in asset/liabilities), components
of net outlays that are not part of net cost (e.g., acquisition of capital assets), other temporary timing difference (e.g.,
prior period adjustments due to correction of errors). The analysis below illustrates this reconciliation by listing the
key differences between net cost and net outlays.

Other Than
Intra-	Intra-

governmental governmental Total 2022
NET COST	$	5,138 $ 32,570 $ 37,708

Components of Net Cost That Are Not Part of Net Outlays:

Property, Plant and Equipment Depreciation
Cost Capitalization Offset
Income from Other appropriations

(56)
1,242
(38,067)

(56)
1,242
(38,067)

Increase/(Decrease) in Assets:

Other Assets

62

62

(Increase)/Decrease in Liabilities:

Accounts Payable

Federal Employee Benefits Payable

Other Liabilities

Other Financing Sources:

Other Imputed Financing
Total Components of Net Cost That Are Not Part of Net
Outlays

Components of Net Outlays That Are Not Part of Net Cost:

Appropriated Receipts for Trust Fund/Special Funds
Distributed Offsetting Receipts
Custodial/Non-exchange revenue
Total Components of Net Outlays That Are Not Part of Net
Cost

(349)

_(651)

(938)

(63)

(71)
(206)
(2,317)

(420)
(206)
(2,317)

_(651)

(39,475)	(40,413)

(23,554) (23,554)
23,554 23,554
	 	(63)

(63)

(63)

NET OUTLAYS

$	4.137 $s

EPA's FY 2022 Annual PRIA Financial Statements

(6.905) $s

(2.768)

16.


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U.S. Environmental Protection Agency
PRIA

Notes to the Financial Statements
For the Fiscal Years Ended September 30, 2022 and 2021
(Dollars in Thousands)

Intra-
governmental

NET COST

Components of Net Cost That Are Not Part of Net Outlays:
(Restated)

Property, Plant and Equipment Depreciation

Applied Overhead/Cost Capitalization Offset (Restated)

Other

$

Other Than

Intra-
governmental

4,483 $

Restated
Total 2021
36,280 $ 40,763

153
2,503
(42,933)

153
2,503
(42,933)

Increase/(Decrease) in Assets:

Other Assets

42

42

(Increase)/Decrease in Liabilities:

Accounts Payable

Federal Employee Benefits Payable

Other Liabilities

20

(296)
33

20
(296)
33

Other Financing Sources:

Other Imputed Financing
Total Components of Net Cost That Are Not Part of Net
Outlays

Appropriated receipts for Trust Fund/Special Funds
Distributed Offsetting Receipts
Custodial/Non-exchange Revenue
Total Components of Net Outlays That Are Not Part of Net
Cost

(649*)

(587)

(4)
—(4)

(40,540)

20,028
(20,028)

(Mm

(41,127)

20,028
(20,028)
(4)

	(4)

Other Temporary Timing Differences (Restated)
NET OUTLAYS

3.892 $_

147
(4.113) $_

147
(221)

EPA's FY 2022 Annual PRIA Financial Statements

17.


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U.S. Environmental Protection Agency
PRIA

Notes to the Financial Statements
For the Fiscal Years Ended September 30, 2022 and 2021
(Dollars in Thousands)

Note 13. Restatement

Software In Development

During FY 2022, EPA capitalized software in development costs of $2,581 that were expensed in FY 2021
and $3,319 that were expensed in FY 2020 and prior. These expenses should have been capitalized in those
respective years. The agency is restating the capitalization of software in development costs into the periods
in which they occurred.

As a result, income and expenses from other appropriations were overstated by $834, the amount of costs
included in the income and expenses from other appropriations in FY 2021 that were impacted by the
capitalization of software in development restatement.

These changes impact the FY 2021 Balance Sheet, Statement of Net Cost and Statements of Changes in Net
Position.

For the Year Ended September 30, 2021

Balance Sheet:

General Property, Plant and Equipment, Net
Cumulative Results of Operation - Funds from Dedicated
Collections

Statement of Net Cost
Gross Costs

Expenses from Other Appropriations
Net Cost of Operations

Cumulative Results of Operations
Net Position - Beginning Balance
Income from Other Appropriations
Total Net Position

Previously

Reported Restatement



Restated
Amount

$ 225

5,900

$

6,125

$ (2,296)

5,900

$

3,604

$ 20,327

(2,581)

$

17,746

$ 43,767

(834)

$

42,933

$ 44,178

(3,415)

$

40,763

$ (2,539) $

3,319

$

780

$ 43,767 $

(834)

$

42,933

$ (2,296) $

5,900

$

3,604

EPA's FY 2022 Annual PRIA Financial Statements

18.


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Appendix B

Agency Response to Draft Report

^tDST*%

V PRCrttC

OFFICE OF THE CHIEF FINANCIAL OFFICER

WASHINGTON, D.C. 20460

October 11, 2023

MEMORANDUM

SUBJECT: Response to the Office of Inspector General Draft Report, Project No. OA-FY23-0049,
"Audit of the EPA's Fiscal Years 2022 and 2021 (Restated) Pesticide Registration Fund
Financial Statements," dated September 27, 2023

Thank you for the opportunity to respond to the issues and recommendations in the subject
draft report. The following is a summary of the U.S. Environmental Protection Agency's overall
position, along with its position on the report's recommendation. This response has been
coordinated with the Office of Chemical Safety and Pollution Prevention.

AGENCY'S OVERALL POSITION

The draft report contains one recommendation for the Office of the Chief Financial Officer. The
agency agrees with the recommendation.

24-F-0017	33

FROM:

Faisal Amin, Chief Financial Officer Amin,
Office of the Chief Financial Officer Faisal

Digitally signed by
Amin, Faisal
Date: 2023.10.11
15:11:11 -04W

TO:

Damon Jackson, Director
Financial Directorate
Office of Audit


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AGENCY RESPONSE TO DRAFT REPORT RECOMMENDATION

Recommendation

Office

High-Level Intended
Corrective Action(s)

Estimated
Completion Date

1. Correct the restatement
amount for the Software in
Development to accurately
capture the amount for note 13,
"Restatement."

OCFO

Concur. The restatement
amount was corrected in the
final statements to accurately
capture the amounts for Note
13.

Completed
8/23/2023

CONTACT INFORMATION

If you have any questions regarding this response, please contact the OCFO's Audit Follow-up
Coordinator, Andrew LeBlanc, at leblanc.andrew@epa.gov or (202) 564-1761, or the OCSPP's
Senior Audit Advisor, Janet Weiner, at weiner.janet@epa.gov or (202) 564-2309.

cc: Michal Freedhoff
Richard Keigwin
Gregg Treml
Lek Kadeli

Meshell Jones-Peeler

Adil Gulamali

OCFO-OC-MANAGERS

Delores Barber

Brian Katz

Luby Harvey

Wanda Arrington

Demetrios Papakonstantinou

Shannon Lackey

Mairim Lopez

Sheila May

Andrew Sheeran

Gabrielle Hanson

Janet Weiner

Susan Perkins

Andrew LeBlanc

Jose Kercado

24-F-0017

34


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Appendix C

Distribution

The Administrator

Deputy Administrator

Chief of Staff, Office of the Administrator

Deputy Chief of Staff for Management, Office of the Administrator
Chief Financial Officer
Agency Follow-Up Coordinator
General Counsel

Assistant Administrator for Chemical Safety and Pollution Prevention
Associate Administrator for Congressional and Intergovernmental Relations
Associate Administrator for Public Affairs
Deputy Chief Financial Officer
Associate Chief Financial Officer

Deputy Assistant Administrator for Chemical Safety and Pollution Prevention

Deputy Assistant Administrator for Management, Office of Chemical Safety and Pollution Prevention
Deputy Assistant Administrator for Pesticide Programs, Office of Chemical Safety and

Pollution Prevention
Chief of Staff, Office of Chemical Safety and Pollution Prevention

Director, Office of Program Support, Office of Chemical Safety and Pollution Prevention
Director, Office of Pesticide Programs, Office of Chemical Safety and Pollution Prevention
Deputy Director, Office of Program Support, Office of Chemical Safety and Pollution Prevention
Deputy Director, Office of Pesticide Programs, Office of Chemical Safety and Pollution Prevention
Senior Budget Officer, Office of Program Support, Office of Chemical Safety and Pollution Prevention
Director, Information Technology and Resources Management Division, Office of Program Support,

Office of Chemical Safety and Pollution Prevention
Controller
Deputy Controller
Associate Deputy Controller

Director, Office of Technology Solutions, Office of the Chief Financial Officer

Director, Accounting and Cost Analysis Division, Office of the Chief Financial Officer

Director, Policy, Training, and Accountability Division, Office of the Controller

Director, Office of Budget, Office of the Chief Financial Officer

Deputy Director, Office of Budget, Office of the Chief Financial Officer

Deputy Director, Office of Technology Solutions, Office of the Chief Financial Officer

Director, Research Triangle Park Finance Center, Office of the Chief Financial Officer

Director, Cincinnati Finance Center, Office of the Chief Financial Officer

Director, Office of Continuous Improvement, Office of the Chief Financial Officer

Chief, Management, Integrity, and Accountability Branch; Policy, Training, and Accountability Division,

Office of the Controller
Office of Policy OIG Liaison
Office of Policy GAO Liaison

Audit Follow-Up Coordinator, Office of the Administrator

Senior Audit Advisor, Office of Chemical Safety and Pollution Prevention

Audit Follow-Up Coordinators, Office of the Controller

24-F-0017

35


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Audit Follow-Up Coordinator, Office of Pesticide Programs, Office of Chemical Safety and

Pollution Prevention
Audit Liaison, Office of Technology Solutions, Office of the Chief Financial Officer
Audit Liaison, Office of Budget, Office of the Chief Financial Officer

24-F-0017


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U.S. Environmental Protection Agency
The whistleblower protection coordinator's role
is to educate Agency employees about
prohibitions against retaliation for protected
disclosures and the rights and remedies against
retaliation. For more information, please visit
the OIG's whistleblower protection webpage.

Contact us:

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