82 FR 55652 - Sunshine Act Meeting
NATIONAL TRANSPORTATION SAFETY BOARD Federal Register Volume 82, Issue 224 (November 22, 2017)
Federal Register Volume 82, Issue 224 (November 22, 2017)
| Page Range | 55652-55652 | |
| FR Document | 2017-25417 |
[Federal Register Volume 82, Number 224 (Wednesday, November 22, 2017)] [Notices] [Page 55652] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-25417] ======================================================================= ----------------------------------------------------------------------- NATIONAL TRANSPORTATION SAFETY BOARD Sunshine Act Meeting TIME AND DATE: 9:30 a.m., Tuesday, December 12, 2017. PLACE: NTSB Conference Center, 429 L'Enfant Plaza SW., Washington, DC 20594. STATUS: The one item is open to the public. MATTERS TO BE CONSIDERED: 57238 Marine Accident Report--Sinking of US Cargo Vessel SS El Faro, Atlantic Ocean, Northeast of Acklins and Crooked Island, Bahamas, October 1, 2015. NEWS MEDIA CONTACT: Telephone: (202) 314-6100. The press and public may enter the NTSB Conference Center one hour prior to the meeting for set up and seating. Individuals requesting specific accommodations should contact Rochelle McCallister at (202) 314-6305 or by email at [email protected] by Wednesday, December 6, 2017. The public may view the meeting via a live or archived webcast by accessing a link under ``News & Events'' on the NTSB home page at www.ntsb.gov. Schedule updates, including weather-related cancellations, are also available at www.ntsb.gov. FOR MORE INFORMATION CONTACT: Candi Bing at (202) 314-6403 or by email at [email protected]. FOR MEDIA INFORMATION CONTACT: Peter Knudson at (202) 314-6100 or by email at [email protected]. Dated: November 20, 2017. LaSean R. McCray, Alternate Federal Register Liaison Officer. [FR Doc. 2017-25417 Filed 11-20-17; 4:15 pm] BILLING CODE 7533-01-P
![55652 Federal Register / Vol. 82, No. 224 / Wednesday, November 22, 2017 / Notices
4. Time and costs related to the needs and allocations. Information By the National Credit Union
NCUA’s role in administering federal related to the NCUA’s budget process, Administration Board on November 16, 2017.
share insurance and the Share Insurance including details on the Board-approved Gerard Poliquin,
Fund are allocated as 100 percent Operating Budgets, is available on the Secretary of the Board.
insurance related.34 agency’s Web site.35 [FR Doc. 2017–25222 Filed 11–21–17; 8:45 am]
These four principles represent the
principles the Board has committed to The agency achieves its primary BILLING CODE 7535–01–P
subject to public comment every three mission through the examination and
years and in the event it proposes a supervision program. The percentage of
change to one or more of the principles. insurance-related workload hours
The principles are applied to the derived from Step 1 represents the main NATIONAL TRANSPORTATION
activities and costs of the agency to allocation factor used in Step 2 and is SAFETY BOARD
arrive at the portion of the agency’s applied to the total operating budget for
the examination and supervision Sunshine Act Meeting
Operating Budget to be charged to the
Share Insurance Fund as detailed below. programs to calculate the insurance-
The NCUA will not submit the related costs of the offices conducting TIME AND DATE:9:30 a.m., Tuesday,
methodology’s applications or outputs field work (currently the Regions and December 12, 2017.
for public comment. ONES). A few agency offices have roles PLACE: NTSB Conference Center, 429
b. Application distinct enough to warrant their own L’Enfant Plaza SW., Washington, DC
allocation factors, which are developed 20594.
The Steps below describe how the by applying the four factors described
four principles above are applied. above to their respective activities. Each STATUS: The one item is open to the
Unlike the principles themselves, the of these offices tracks their activities public.
Board will not subject the application of annually to determine their factors. MATTERS TO BE CONSIDERED:
the principles or the OTR outputs to
These factors are then applied to the 57238 Marine Accident Report—
notice-and-comment processes.
respective offices’ operating budgets to Sinking of US Cargo Vessel SS El
Step 1—Workload Program determine their insurance-related costs. Faro, Atlantic Ocean, Northeast of
Annually, the NCUA develops a A weighted average allocation factor, Acklins and Crooked Island,
workload budget based on the NCUA’s calculated by dividing the aggregate Bahamas, October 1, 2015.
examination and supervision program to insurance-related costs for the field
carry out the agency’s core mission. The NEWS MEDIA CONTACT: Telephone: (202)
offices conducting the examination and
workload budget reflects the time 314–6100.
supervision program and the agency
necessary to examine and supervise offices with their own unique allocation The press and public may enter the
federally insured credit unions, along factors by their aggregate total operating NTSB Conference Center one hour prior
with other related activities, and budgets, is applied to the central offices to the meeting for set up and seating.
therefore the level of field staff needed that design or oversee the examination Individuals requesting specific
to implement the exam program. and supervision program or support the accommodations should contact
Applying principles 1, 2, and 3 (those
agency’s overall operations. This factor Rochelle McCallister at (202) 314–6305
relevant to the workload budget) to the
is then applied to the aggregate or by email at Rochelle.McCallister@
applicable elements of the workload
budget results in a composite rate that operating budgets for the remaining ntsb.gov by Wednesday, December 6,
reflects the portion of the agency’s offices. As such, the proportion of 2017.
overall insurance related mission insurance-related activities for these The public may view the meeting via
program activities. offices corresponds to that of the a live or archived webcast by accessing
mission offices. The NCUA’s total a link under ‘‘News & Events’’ on the
Step 2—Operating Budget insurance related costs are calculated by NTSB home page at www.ntsb.gov.
The Operating Budget represents the summing the insurance cost calculated
costs of the activities associated with for the field offices, the offices with Schedule updates, including weather-
achieving the strategic goals and unique allocations factors, and the related cancellations, are also available
objectives set forth in the NCUA’s insurance cost for all other remaining at www.ntsb.gov.
Strategic Plan. The Operating Budget is NCUA offices. FOR MORE INFORMATION CONTACT: Candi
based on agency priorities and Bing at (202) 314–6403 or by email at
initiatives that drive resulting resource Step 3—Calculate the OTR
bingc@ntsb.gov.
The OTR represents the percentage of FOR MEDIA INFORMATION CONTACT: Peter
operate in the marketplace, the NCUA resources
allocated to these functions are properly assigned the NCUA Operating Budget funded by Knudson at (202) 314–6100 or by email
to its role as charterer and prudential regulator. a transfer from the Share Insurance at peter.knudson@ntsb.gov.
This includes any reviews of credit unions focused Fund.36 The OTR is calculated by
solely on compliance, such as a fair lending exam. Dated: November 20, 2017.
It does not include the more broadly based
dividing the total insurance-related
costs determined in Step 2 by the LaSean R. McCray,
asabaliauskas on DSKBBXCHB2PROD with NOTICES
examinations and supervision contacts of federal
credit unions covered by principle 1. It also does NCUA’s total operating budget. Alternate Federal Register Liaison Officer.
not include enforcing laws, like Prompt Corrective
[FR Doc. 2017–25417 Filed 11–20–17; 4:15 pm]
Action, that are part of share insurance under Title
II as covered by principle 4. BILLING CODE 7533–01–P
34 The NCUA conducts liquidations of credit
35 https://www.ncua.gov/About/Pages/budget-
unions, insured share payouts, and other resolution
activities in its role as insurer. Also, activities strategic-planning/supplementary-materials.aspx.
36 The percentage of actual expenses funded by
related to share insurance, such as answering
consumer inquiries about insurance coverage, are a the Share Insurance Fund as they are incurred each
function of the NCUA’s role as insurer. month.
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Document Created: 2017-11-22 00:49:03
Document Modified: 2017-11-22 00:49:03
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Dates | 9:30 a.m., Tuesday, December 12, 2017. | |
| FR Citation | 82 FR 55652 |
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