Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.

View ICR - OIRA Conclusion

OMB Control No: 0607-0432	ICR Reference No: 201905-0607-001
Status: Historical Active	Previous ICR Reference No: 201807-0607-001
Agency/Subagency: DOC/CENSUS	Agency Tracking No:
Title: Quarterly Financial Report (QFR)
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 06/03/2019
Retrieve Notice of Action (NOA)	Date Received in OIRA: 05/09/2019
Terms of Clearance: The Census Bureau will continue work toward improving the response rate for the Quarterly Financial Report (QFR) and will provide a report on the efforts they have undertaken and their effects when it submits its next QFR ICR.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2021	10/31/2021	10/31/2021
Responses	33,680	0	49,004
Time Burden (Hours)	80,786	0	107,462
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	33,680	49,004	-15,324
Annual Time Burden (Hours)	80,786	107,462	-26,676
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The QFR plans to raise the certainty asset cutoff to limit the increasing sample size. In addition, QFR will remove the two smallest strata, 03 and 07, which means the survey will sample companies with assets of $5,000,000 and over instead of $250,000 and over. These changes are necessary because while the economy has continued to grow, the asset and receipt levels used to determine stratum classification have remained fixed. In addition, budget constraints have made the increasing number of companies difficult for staff to review. Implementing the Certainty Sample Improvement will also reduce respondent burden. Removing the smaller strata will reduce respondent burden as well and could improve the overall Unit Response Rate (URR) for QFR.

Annual Cost to Federal Government: $5,000,000

Does this IC contain surveys, censuses, or employ statistical methods? Yes Part B of Supporting Statement

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Brandi Maxson 301 763-7405