[Appendix]
[Detailed Budget Estimates by Agency]
[Department of the Treasury]
[From the U.S. Government Printing Office, www.gpo.gov]
THE BUDGET FOR FISCAL YEAR 2007
[[Page 915]]
DEPARTMENT OF THE TREASURY
DEPARTMENTAL OFFICES
Salaries and Expenses
(including transfer of funds)
For necessary expenses of the Departmental Offices including
operation and maintenance of the Treasury Building and Annex; hire of
passenger motor vehicles; maintenance, repairs, and improvements of, and
purchase of commercial insurance policies for, real properties leased or
owned overseas, when necessary for the performance of official business,
[not to exceed $3,000,000 for official travel expenses; $196,592,000]
$223,874,000, of which not to exceed [$8,642,000] $17,501,000 is for
executive direction program activities; [not to exceed $7,852,000 is for
general counsel program activities;] not to exceed [$32,011,000]
$41,947,000 is for economic policies and programs activities; not to
exceed [$26,574,000] $25,336,000 is for financial policies and programs
activities; [pursuant to section 3004(b) of the Exchange Rates and
International Economic Policy Coordination Act of 1988 (22 U.S.C.
5304(b)), not to exceed $1,000,000, to remain available until expended,
is for the Secretary of the Treasury, in conjunction with the President,
to implement said subsection as it pertains to governments and trade
violations involving currency manipulation and other trade violations;]
not to exceed [$39,939,000] $45,401,000 is for [financial crimes
policies and programs] terrorism and financial intelligence activities;
not to exceed [$16,843,000] $20,372,000 is for Treasury-wide management
policies and programs activities; and not to exceed [$63,731,000]
$73,317,000 is for administration programs activities: [Provided, That
of the amount appropriated for financial crimes policies and programs
activities, $22,032,016 is for the Office of Foreign Assets Control and
shall support no less than 125 full time equivalent positions:] Provided
[further], That the Secretary of the Treasury is authorized to transfer
funds appropriated for any program activity of the Departmental Offices
to any other program activity of the Departmental Offices upon
notification to the House and Senate Committees on Appropriations:
[Provided further, That no appropriation for any program activity shall
be increased or decreased by more than two percent by all such
transfers: Provided further, That any change in funding greater than two
percent shall be submitted for approval to the House and Senate
Committees on Appropriations:] Provided further, That of the amount
appropriated under this heading, not to exceed $3,000,000, to remain
available until September 30, [2007] 2008, for information technology
modernization requirements; not to exceed [$100,000] $150,000 for
official reception and representation expenses; and not to exceed
$258,000 for unforeseen emergencies of a confidential nature, to be
allocated and expended under the direction of the Secretary of the
Treasury and to be accounted for solely on his certificate: Provided
further, That of the amount appropriated under this heading,
[$5,173,000] $5,114,000, to remain available until September 30, [2007]
2008, is for the Treasury-wide Financial Statement Audit and Internal
Control Program, of which such amounts as may be necessary may be
transferred to accounts of the Department's offices and bureaus to
conduct audits: Provided further, That this transfer authority shall be
in addition to any other provided in this Act. (Department of the
Treasury Appropriations Act, 2006.)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0101-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Economic policies and programs.... 30 33 42
00.02 Financial policies and programs... 25 26 25
00.03 Financial crimes policies and
programs........................ 33 40 45
00.04 Treasury-wide management policies
and programs.................... 21 12 15
00.05 Treasury-wide financial statement
audit........................... 3 5 5
00.07 Executive Direction............... 14 16 18
00.08 Administration programs activities 53 63 73
--------- --------- ----------
01.00 Subtotal, Direct programs....... 179 195 223
09.11 Reimbursable program.............. 16 20 20
--------- --------- ----------
09.99 Subtotal, reimbursable program.. 16 20 20
--------- --------- ----------
10.00 Total new obligations........... 195 215 243
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 3 1 1
22.00 New budget authority (gross)...... 194 215 244
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 197 216 245
23.95 Total new obligations............. -195 -215 -243
23.98 Unobligated balance expiring or
withdrawn....................... -1
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 1 1 2
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 180 197 224
40.33 Appropriation permanently
reduced (P.L. 109-148)........ -2
40.35 Appropriation permanently
reduced....................... -1
--------- --------- ----------
43.00 Appropriation (total
discretionary).............. 179 195 224
Spending authority from offsetting
collections:
Discretionary:
68.00 Offsetting collections (cash). 12 20 20
68.10 Change in uncollected customer
payments from Federal
sources (unexpired)......... 3
--------- --------- ----------
68.90 Spending authority from
offsetting collections
(total discretionary)..... 15 20 20
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 194 215 244
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 53 52 50
73.10 Total new obligations............. 195 215 243
73.20 Total outlays (gross)............. -193 -212 -238
73.40 Adjustments in expired accounts
(net)........................... -1 -5 -5
74.00 Change in uncollected customer
payments from Federal sources
(unexpired)..................... -3
74.10 Change in uncollected customer
payments from Federal sources
(expired)....................... 1
--------- --------- ----------
74.40 Obligated balance, end of year.. 52 50 50
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 164 177 200
86.93 Outlays from discretionary
balances........................ 29 35 38
--------- --------- ----------
87.00 Total outlays (gross)........... 193 212 238
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
88.00 Offsetting collections (cash)
from: Federal sources......... -13 -20 -20
Against gross budget authority only:
88.95 Change in uncollected customer
payments from Federal sources
(unexpired)................... -3
88.96 Portion of offsetting
collections (cash) credited to
expired accounts.............. 1
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 179 195 224
90.00 Outlays........................... 181 192 218
----------------------------------------------------------------------------
Memorandum (non-add) entries:
92.01 Total investments, start of year:
Federal securities: Par value... 1 1
92.02 Total investments, end of year:
Federal securities: Par value... 1
---------------------------------------------------------------------------
Departmental Offices, as the headquarters bureau for the Department
of the Treasury, provides leadership in such critical areas as economic
and financial policy, financial crimes, and general management. The
Secretary of the Treasury has the primary role in formulating and
managing the domestic and international tax and financial policies of
the Federal Government. The 2007 Budget for the Salaries and Expenses
[[Page 916]]
appropriation provides increased resources to expand Treasury's overseas
presence to provide relevant intelligence and expert analysis to support
the formulation of policy on international economics, trade, finance,
and combating terrorist financing, and to administer and enforce
economic sanctions against terrorist networks. This appropriation also
provides resources to: develop policies and implement strategies to
safeguard the United States and international financial systems from
national security threats; manage the public debt; represent the United
States on international monetary, trade, and investment issues;
recommend and implement United States domestic and international
economic and tax policy; and, to coordinate departmental administrative
policies in financial and personnel management, procurement operations,
and information systems and telecommunications.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0101-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct obligations:
11.1 Personnel compensation: Full-
time permanent................ 85 94 103
12.1 Civilian personnel benefits..... 21 24 27
21.0 Travel and transportation of
persons....................... 2 3 5
23.1 Rental payments to GSA.......... 5 5 6
23.3 Communications, utilities, and
miscellaneous charges......... 9 8 8
24.0 Printing and reproduction....... 3 3 3
25.1 Advisory and assistance services 1 1 1
25.2 Other services.................. 19 25 37
25.3 Other purchases of goods and
services from Government
accounts...................... 24 25 26
25.7 Operation and maintenance of
equipment..................... 3
26.0 Supplies and materials.......... 5 4 4
31.0 Equipment....................... 2 3 3
--------- --------- ----------
99.0 Direct obligations............ 179 195 223
99.0 Reimbursable obligations.......... 16 20 20
--------- --------- ----------
99.9 Total new obligations........... 195 215 243
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-0101-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 858 1,004 1,058
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 89 86 90
---------------------------------------------------------------------------
Department-Wide Systems and Capital Investments Programs
(including transfer of funds)
For development and acquisition of automatic data processing
equipment, software, and services for the Department of the Treasury,
[$24,412,000] $34,032,000, to remain available until September 30,
[2008] 2009: Provided, That these funds shall be transferred to accounts
and in amounts as necessary to satisfy the requirements of the
Department's offices, bureaus, and other organizations: Provided
further, That this transfer authority shall be in addition to any other
transfer authority provided in this Act: Provided further, That none of
the funds appropriated shall be used to support or supplement ``Internal
Revenue Service, Information Systems'' or ``Internal Revenue Service,
Business Systems Modernization''. (Department of the Treasury
Appropriations Act, 2006.)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0115-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Direct program activity........... 24 24 34
--------- --------- ----------
10.00 Total new obligations........... 24 24 34
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 7 15 15
22.00 New budget authority (gross)...... 32 24 34
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 39 39 49
23.95 Total new obligations............. -24 -24 -34
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 15 15 15
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 32 24 34
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 15 13 10
73.10 Total new obligations............. 24 24 34
73.20 Total outlays (gross)............. -26 -27 -33
--------- --------- ----------
74.40 Obligated balance, end of year.. 13 10 11
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 14 17 24
86.93 Outlays from discretionary
balances........................ 12 10 9
--------- --------- ----------
87.00 Total outlays (gross)........... 26 27 33
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 32 24 34
90.00 Outlays........................... 26 27 33
---------------------------------------------------------------------------
This account is authorized to be used by or on behalf of Treasury
bureaus, at the Secretary's discretion, to modernize business processes
and increase efficiency through technology investments. The 2007 Budget
provides funds to: complete the Treasury Foreign Intelligence Network;
improve the capabilities and capacity of Treasury's Secure Data Network;
develop Treasury's Critical Infrastructure Protection; and improve
Treasury's Cyber Security.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0115-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
23.1 Rental payments to GSA............ 1 1 1
25.2 Other services.................... 22 20 29
31.0 Equipment......................... 1 3 4
--------- --------- ----------
99.9 Total new obligations........... 24 24 34
---------------------------------------------------------------------------
Office of Inspector General
salaries and expenses
For necessary expenses of the Office of Inspector General in
carrying out the provisions of the Inspector General Act of 1978, as
amended, not to exceed $2,000,000 for official travel expenses,
including hire of passenger motor vehicles; and not to exceed $100,000
for unforeseen emergencies of a confidential nature, to be allocated and
expended under the direction of the Inspector General of the Treasury,
[$17,000,000] $17,352,000, of which not to exceed $2,500 shall be
available for official reception and representation expenses.
(Department of the Treasury Appropriations Act, 2006.)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0106-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Audits............................ 10 10 10
00.02 Investigations.................... 6 7 7
09.01 Reimbursable program.............. 2 2 2
--------- --------- ----------
10.00 Total new obligations........... 18 19 19
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 2 2
22.00 New budget authority (gross)...... 20 19 19
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 20 21 21
23.95 Total new obligations............. -18 -19 -19
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 2 2 2
----------------------------------------------------------------------------
[[Page 917]]
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 17 17 17
Spending authority from offsetting
collections:
Discretionary:
68.00 Offsetting collections (cash). 2 1 2
68.10 Change in uncollected customer
payments from Federal
sources (unexpired)......... 1 1
--------- --------- ----------
68.90 Spending authority from
offsetting collections
(total discretionary)..... 3 2 2
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 20 19 19
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 1 1
73.10 Total new obligations............. 18 19 19
73.20 Total outlays (gross)............. -17 -19 -19
74.00 Change in uncollected customer
payments from Federal sources
(unexpired)..................... -1 -1
--------- --------- ----------
74.40 Obligated balance, end of year.. 1
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 16 16 16
86.93 Outlays from discretionary
balances........................ 1 3 3
--------- --------- ----------
87.00 Total outlays (gross)........... 17 19 19
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
88.00 Offsetting collections (cash)
from: Federal sources......... -2 -1 -2
Against gross budget authority only:
88.95 Change in uncollected customer
payments from Federal sources
(unexpired)................... -1 -1
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 17 17 17
90.00 Outlays........................... 15 18 17
---------------------------------------------------------------------------
The Office of Inspector General conducts audits, evaluations, and
investigations designed to: (1) promote economy, efficiency, and
effectiveness and prevent fraud, waste, and abuse in Departmental
programs and operations; and (2) keep the Secretary and the Congress
fully and currently informed of problems and deficiencies in the
administration of Departmental programs and operations. This office
covers all Treasury activities except tax administration.
In 2007, the OIG Office of Audit will focus a substantial amount of
its self-initiated audit resources to address the major management and
performance challenges identified by the Inspector General. Those
challenges include: (1) Corporate Management; (2) Management of Capital
Investments; (3) Information Security; (4) Linking Resources to Results;
and (5) Anti-Money Laundering and Terrorist Financing/Bank Secrecy Act
Enforcement.
In 2007, the Office of Investigations will continue investigating
all reports of fraud, waste and abuse and other criminal activity, and
will maintain current efforts to aggressively investigate, close, and
refer cases for criminal prosecution, civil litigation or administrative
action in a timely manner.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0106-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct obligations:
11.1 Personnel compensation: Full-
time permanent................ 9 10 11
12.1 Civilian personnel benefits..... 2 3 3
23.1 Rental payments to GSA.......... 2 2 2
25.2 Other services.................. 1 2 1
25.3 Other purchases of goods and
services from Government
accounts...................... 1
31.0 Equipment....................... 1
--------- --------- ----------
99.0 Direct obligations............ 16 17 17
99.0 Reimbursable obligations.......... 2 2 2
--------- --------- ----------
99.9 Total new obligations........... 18 19 19
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-0106-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 101 115 115
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 6 5 5
---------------------------------------------------------------------------
Treasury Inspector General for Tax Administration
salaries and expenses
For necessary expenses of the Treasury Inspector General for Tax
Administration in carrying out the Inspector General Act of 1978, as
amended, including purchase (not to exceed 150 for replacement only for
police-type use) and hire of passenger motor vehicles (31 U.S.C.
1343(b)); services authorized by 5 U.S.C. 3109, at such rates as may be
determined by the Inspector General for Tax Administration; not to
exceed $6,000,000 for official travel expenses; and not to exceed
$500,000 for unforeseen emergencies of a confidential nature, to be
allocated and expended under the direction of the Inspector General for
Tax Administration, [$133,286,000] $136,469,000; and of which not to
exceed $1,500 shall be available for official reception and
representation expenses. (Department of the Treasury Appropriations Act,
2006.)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0119-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Audit............................. 49 50 51
00.02 Investigations.................... 80 82 85
09.01 Reimbursable program.............. 3 1 1
--------- --------- ----------
10.00 Total new obligations........... 132 133 137
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 131 133 137
23.95 Total new obligations............. -132 -133 -137
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year..........
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.00 New budget authority (gross),
detail........................ 129 133 136
40.33 Appropriation permanently
reduced (P.L. 109-148)........ -1
40.35 Appropriation permanently
reduced....................... -1
--------- --------- ----------
43.00 Appropriation (total
discretionary).............. 128 132 136
Discretionary:
68.00 Spending authority from
offsetting collections:
Spending authority from
offsetting collections........ 3 1 1
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 131 133 137
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Change in obligated balances...... 11 9 10
73.10 Total new obligations............. 132 133 137
73.20 Total outlays (gross)............. -133 -132 -137
73.40 Adjustments in expired accounts
(net)........................... -1
--------- --------- ----------
74.40 Obligated balance, end of year.. 9 10 10
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays (gross), detail........... 121 123 127
86.93 Outlays from discretionary
balances........................ 12 9 10
--------- --------- ----------
87.00 Total outlays (gross)........... 133 132 137
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
88.00 Offsetting collections (cash)
from: Offsets................. -3 -1 -1
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 128 132 136
90.00 Outlays........................... 130 131 136
---------------------------------------------------------------------------
The Treasury Inspector General for Tax Administration (TIGTA)
conducts audits and investigations to promote the economy, efficiency,
and effectiveness of tax administration
[[Page 918]]
as well as to protect the Internal Revenue Service (IRS), the IRS
Oversight Board, and the Office of Chief Counsel against corruption from
both internal and external sources.
In 2007, TIGTA's investigative program will concentrate on three
core areas: (1) employee integrity; (2) employee and infrastructure
security; and (3) external attempts to corrupt tax administration. In
2005, TIGTA closed 3,468 criminal investigations.
In 2007, TIGTA will administer an audit program that strikes a
balance between statutory audit coverage and discretionary audit work.
The statutory coverage will include audits mandated by the IRS
Restructuring and Reform Act of 1998, as well as reviews that address
computer security, taxpayer privacy and rights, and financial
management. In addition, TIGTA will continue to closely monitor the IRS'
modernization efforts, its major management challenges, its response to
the President's Management Agenda, and its progress in achieving its
strategic goals and eliminating identified material weaknesses. TIGTA's
2005 highlights include: 180 final reports issued; 358 average calendar
days for report issuance; and 2.8 million taxpayer accounts potentially
positively affected. This program also supports the Inspectors General
Criminal Investigators Academy, which is funded through reimbursements
from participating agencies.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0119-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct obligations:
Personnel compensation:
11.1 Full-time permanent........... 73 73 74
11.3 Other than full-time permanent 1 1 1
11.5 Other personnel compensation.. 8 9 9
--------- --------- ----------
11.9 Total personnel compensation 82 83 84
12.1 Civilian personnel benefits..... 23 24 25
21.0 Travel and transportation of
persons....................... 4 4 4
23.1 Rental payments to GSA.......... 8 9 10
23.3 Communications, utilities, and
miscellaneous charges......... 2 2 2
25.1 Advisory and assistance services 1 1 1
25.2 Other services.................. 1 1 1
25.3 Other purchases of goods and
services from Government
accounts...................... 3 3 4
25.7 Operation and maintenance of
equipment..................... 1 1 1
26.0 Supplies and materials.......... 1 1 1
31.0 Equipment....................... 3 3 3
--------- --------- ----------
99.0 Direct obligations............ 129 132 136
99.0 Reimbursable obligations.......... 3 1 1
--------- --------- ----------
99.9 Total new obligations........... 132 133 137
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-0119-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 846 850 850
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 9 3 3
---------------------------------------------------------------------------
Treasury Building and Annex Repair and Restoration
[For the repair, alteration, and improvement of the Treasury
Building and Annex, $10,000,000, to remain available until September 30,
2008.] (Department of the Treasury Appropriations Act, 2006.)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0108-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Repair and improvement of Main
Treasury........................ 12 10
--------- --------- ----------
10.00 Total new obligations........... 12 10
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 2 5 6
22.00 New budget authority (gross)...... 12 10
22.10 Resources available from
recoveries of prior year
obligations..................... 2 1 1
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 16 16 7
23.95 Total new obligations............. -12 -10
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 5 6 7
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 12 10
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 22 5
73.10 Total new obligations............. 12 10
73.20 Total outlays (gross)............. -27 -14 -4
73.45 Recoveries of prior year
obligations..................... -2 -1 -1
--------- --------- ----------
74.40 Obligated balance, end of year.. 5 -5
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 9 5
86.93 Outlays from discretionary
balances........................ 18 9 4
--------- --------- ----------
87.00 Total outlays (gross)........... 27 14 4
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 12 10
90.00 Outlays........................... 27 14 4
---------------------------------------------------------------------------
This appropriation funds repairs and selected improvements to the
Main Treasury and Annex buildings.
The 2006 appropriation of $10,000,000 million was the final
investment in the Treasury Building and Annex Repair and Restoration
(TBARR) project. Major repairs and restoration have resulted in a more
modernized working environment while preserving the historic integrity
of the Treasury Building, and have ensured improved working conditions
for the health and safety of Treasury employees and visitors.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0108-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
23.1 Rental payments to GSA............ 3 3
25.2 Other services.................... 9 7
--------- --------- ----------
99.9 Total new obligations........... 12 10
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-0108-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 7 9
---------------------------------------------------------------------------
Expanded Access to Financial Services
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0121-0-1-808 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 1 1 1
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 1 1 1
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 3 2 2
73.20 Total outlays (gross)............. -1
--------- --------- ----------
74.40 Obligated balance, end of year.. 2 2 2
----------------------------------------------------------------------------
Outlays (gross), detail:
86.93 Outlays from discretionary
balances........................ 1
----------------------------------------------------------------------------
[[Page 919]]
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays........................... 1
---------------------------------------------------------------------------
Counterterrorism Fund
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0117-0-1-751 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Counterterrorism-related
activities...................... 2
--------- --------- ----------
10.00 Total new obligations (object
class 25.2)................... 2
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 5 3 3
23.95 Total new obligations............. -2
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 3 3 3
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 7 7 2
73.10 Total new obligations............. 2
73.20 Total outlays (gross)............. -2 -5
--------- --------- ----------
74.40 Obligated balance, end of year.. 7 2 2
----------------------------------------------------------------------------
Outlays (gross), detail:
86.93 Outlays from discretionary
balances........................ 2 5
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays........................... 2 5
---------------------------------------------------------------------------
Most of the balances in this account were transferred to the
Department of Homeland Security in accordance with the Homeland Security
Act of 2002 (P.L. 107-296). Treasury, however, retains some funding
available to counter, investigate and prosecute domestic and
international terrorism and to pay rewards in connection with these
activities.
Terrorism Insurance Program
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0123-0-1-376 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Administrative Expenses........... 4 6 6
--------- --------- ----------
10.00 Total new obligations........... 4 6 6
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 5 6
22.00 New budget authority (gross)...... 5 6
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 10 6 6
23.95 Total new obligations............. -4 -6 -6
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 6
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation, P.L. 107-297,
P.L. 109-144.................. 5 6
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 2 1 2
73.10 Total new obligations............. 4 6 6
73.20 Total outlays (gross)............. -5 -5 -6
--------- --------- ----------
74.40 Obligated balance, end of year.. 1 2 2
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 3 4
86.98 Outlays from mandatory balances... 2 5 2
--------- --------- ----------
87.00 Total outlays (gross)........... 5 5 6
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 5 6
90.00 Outlays........................... 5 5 6
---------------------------------------------------------------------------
The Terrorism Risk Insurance Extension Act of 2005 (P.L. 109-144)
reauthorized and revised the program established by the Terrorism Risk
Insurance Act of 2002 (P.L. 107-297). The Extension Act extends the
Terrorism Insurance Program for two years, through December 31, 2007,
and increases insurers' deductibles from 15 percent in calendar year
2005 to 17.5 percent in 2006 and 20 percent in 2007. Under previous law,
once the deductible was reached, the Federal Government was responsible
for paying 90 percent of insured losses arising from acts of terrorism
above the applicable insurer deductible and below a $100 billion annual
aggregate cap. Under the revised program, the Federal Government is
responsible for paying 90 percent in calendar year 2006 and 85 percent
in 2007 of the insured losses. The Extension Act excludes the following
lines of insurance previously covered by P.L. 107-297: commercial
automobile; burglary and theft; surety; professional liability; and farm
owners multiple peril. In addition, after March 31, 2006, the trigger
amounts for Federal payments increase from $5 million in aggregate
insured losses from an act of terrorism to $50 million in 2006 and $100
million in calendar year 2007.
The Budget only includes estimates of the general administrative
costs of the program. Given the uncertainty surrounding the risk of
future terrorist attacks, the Budget does not include estimates of the
timing or magnitude of potential insurance claims under the program. Any
such claims would be paid from permanent, indefinite authority and would
not require subsequent appropriations.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0123-0-1-376 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
11.1 Personnel compensation: Full-time
permanent....................... 1 1 1
25.1 Advisory and assistance services.. 3 5 5
--------- --------- ----------
99.9 Total new obligations........... 4 6 6
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-0123-0-1-376 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 9 10 10
---------------------------------------------------------------------------
Treasury Forfeiture Fund
Special and Trust Fund Receipts (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5697-0-2-751 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
01.00 Balance, start of year............ 1 1 8
--------- --------- ----------
01.99 Balance, start of year............ 1 1 8
Receipts:
02.40 Earnings on investments, Treasury
forfeiture fund................. 13 12 12
02.60 Forfeited cash and proceeds from
sale of forfeited property,
Treasury forfeiture fund........ 308 246 246
--------- --------- ----------
02.99 Total receipts and collections.. 321 258 258
--------- --------- ----------
04.00 Total: Balances and collections... 322 259 266
Appropriations:
05.00 Treasury forfeiture fund.......... -321 -251 -251
--------- --------- ----------
07.99 Balance, end of year.............. 1 8 15
---------------------------------------------------------------------------
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5697-0-2-751 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Asset forfeiture fund............. 341 292 251
--------- --------- ----------
10.00 Total new obligations........... 341 292 251
----------------------------------------------------------------------------
[[Page 920]]
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 96 91 50
22.00 New budget authority (gross)...... 321 251 251
22.10 Resources available from
recoveries of prior year
obligations..................... 15
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 432 342 301
23.95 Total new obligations............. -341 -292 -251
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 91 50 50
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.20 Appropriation (special fund).... 321 251 251
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 176 252 293
73.10 Total new obligations............. 341 292 251
73.20 Total outlays (gross)............. -250 -251 -251
73.45 Recoveries of prior year
obligations..................... -15
--------- --------- ----------
74.40 Obligated balance, end of year.. 252 293 293
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 225 226 226
86.98 Outlays from mandatory balances... 25 25 25
--------- --------- ----------
87.00 Total outlays (gross)........... 250 251 251
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 321 251 251
90.00 Outlays........................... 250 251 251
----------------------------------------------------------------------------
Memorandum (non-add) entries:
92.01 Total investments, start of year:
Federal securities: Par value... 126 179 126
92.02 Total investments, end of year:
Federal securities: Par value... 179 126 126
---------------------------------------------------------------------------
The Treasury Forfeiture Fund is managed to support Federal, State,
and local law enforcement's use of asset forfeiture as a powerful tool
to punish and deter criminal activity. Non-tax forfeitures made by
participating bureaus from the Treasury and Homeland Security
Departments are deposited into the Fund and are available to pay or
reimburse certain costs and expenses related to seizures and forfeitures
that occur pursuant to laws enforced by the bureaus and other expenses
authorized by 31 U.S.C. 9703.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5697-0-2-751 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
25.2 Other services.................... 194 134 115
25.3 Other purchases of goods and
services from Government
accounts........................ 66 78 71
41.0 Grants, subsidies, and
contributions................... 81 80 65
--------- --------- ----------
99.9 Total new obligations........... 341 292 251
---------------------------------------------------------------------------
Presidential Election Campaign Fund
Special and Trust Fund Receipts (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5081-0-2-808 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
01.00 Balance, start of year............ 1
--------- --------- ----------
01.99 Balance, start of year............ 1
Receipts:
02.60 Presidential election campaign
fund............................ 53 56 56
--------- --------- ----------
04.00 Total: Balances and collections... 53 56 57
Appropriations:
05.00 Presidential election campaign
fund............................ -53 -55 -55
--------- --------- ----------
07.99 Balance, end of year.............. 1 2
---------------------------------------------------------------------------
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5081-0-2-808 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.02 Nominating conventions for parties 33
00.03 General Elections................. 1
--------- --------- ----------
10.00 Total new obligations (object
class 41.0)................... 1 33
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 44 96 151
22.00 New budget authority (gross)...... 53 55 55
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 97 151 206
23.95 Total new obligations............. -1 -33
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 96 151 173
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.20 Appropriation (special fund).... 53 55 55
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 1 33
73.20 Total outlays (gross)............. -1 -33
----------------------------------------------------------------------------
Outlays (gross), detail:
86.98 Outlays from mandatory balances... 1 33
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 53 55 55
90.00 Outlays........................... 1 33
---------------------------------------------------------------------------
Matching funds in primaries.--Upon certification by the Federal
Election Commission, every candidate eligible to receive payments is
entitled to receive $250 in Federal matching funds for each eligible
$250 private contribution received after the beginning of the calendar
year immediately preceding the election year through the end of the
calendar year of the election.
Nominating conventions of parties.--Upon certification by the
Commission, payments may be made to the national committee of a major
party or a minor party which elects to receive its entitlement. The
total of such payments will be limited to the amount in the account at
the time of payment. The national committee of each party may receive
payments beginning on July 1 of the year immediately preceding the
calendar year in which a presidential nominating convention of the
political party is held. By statute, the two major parties receive $4
million each, plus a cost-of-living increase. In 2004, both parties
received $14.9 million for their nominating conventions.
Candidates for general elections.--By statute, the eligible
candidates of each major party in a presidential election are entitled
to equal payments in an amount which, in the aggregate, shall not exceed
$20 million each, plus a cost-of-living increase. In 2004, this amounted
to $74.6 million for each candidate.
In addition, provision is made for new parties, minor parties and
non-major party candidates who may receive in excess of 5 percent of the
popular vote and therefore, be entitled to a pro rata portion of the
major party grant in the general election.
Sallie Mae Assessments
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5407-0-2-808 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 1
--------- --------- ----------
[[Page 921]]
24.40 Unobligated balance carried
forward, end of year..........
----------------------------------------------------------------------------
Change in obligated balances:
--------- --------- ----------
74.40 Obligated balance, end of year..
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays...........................
---------------------------------------------------------------------------
The Secretary of the Treasury is authorized by the Higher Education
Act of 1965, as amended, to collect from the Student Loan Marketing
Association, commonly known as Sallie Mae or SLMA an annual assessment
of up to $800,000, adjusted by the Consumer Price Index, to cover the
expenses relating to providing financial oversight of the Association.
On December 29, 2004, Treasury officials announced the formal
separation of Sallie Mae from the Federal Government which terminated
its status as a Government-Sponsored Enterprise. This action completed
the transformation of Sallie Mae to a fully private corporation.
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-5407-0-2-808 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 3
---------------------------------------------------------------------------
Public enterprise funds:
Exchange Stabilization Fund
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4444-0-3-155 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
09.01 Reimbursable program.............. 711 854 871
--------- --------- ----------
10.00 Total new obligations (object
class 43.0)................... 711 854 871
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year (Special
drawing rights)................. 25,324 25,324 25,324
22.00 New budget authority (gross)...... 711 854 871
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 26,035 26,178 26,195
23.95 Total new obligations............. -711 -854 -871
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 25,324 25,324 25,324
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
69.00 Spending authority from
offsetting collections
(gross): Offsetting
collections (cash)............ 711 854 871
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 14,135 14,846 15,700
73.10 Total new obligations............. 711 854 871
--------- --------- ----------
74.40 Obligated balance, end of year.. 14,846 15,700 16,571
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash)
from:
88.20 Interest on Federal securities -323 -214 -218
88.40 Interest on foreign
investments................. -388 -640 -653
--------- --------- ----------
88.90 Total, offsetting
collections (cash)........ -711 -854 -871
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays........................... -711 -854 -871
----------------------------------------------------------------------------
Memorandum (non-add) entries:
92.01 Total investments, start of year:
Federal securities: Par value... 10,319 15,238 15,452
92.02 Total investments, end of year:
Federal securities: Par value... 15,238 15,452 15,452
---------------------------------------------------------------------------
The Secretary of the Treasury is authorized to deal in gold and
foreign exchange and other instruments of credit and securities as the
Secretary considers necessary, consistent with U.S. obligations in the
International Monetary Fund (IMF) regarding orderly exchange
arrangements and a stable system of exchange rates. An Exchange
Stabilization Fund, with capital of $200 million, is authorized by law
for this purpose (31 U.S.C. 5302). All earnings and interest accruing to
this fund are available for the purposes thereof. Transactions in
special drawing rights (SDR's) and U.S. holdings of SDR's are
administered by the fund. U.S. drawings from the IMF, if any, are also
advanced to the fund.
The principal sources of the fund's income are earnings on
investments held by the fund, including interest earned on fund holdings
of U.S. Government securities.
The amounts reflected in the 2006 and 2007 estimates entail only
projected net interest earnings on Exchange Stabilization Fund (ESF)
assets. The estimates are subject to considerable variance, depending on
changes in the amount and composition of assets and the interest rates
applied to investments. In addition, these estimates make no attempt to
forecast gains or losses on SDR valuation or foreign currency valuation.
As required by Public Law 95-612, the fund is not used to meet
administrative expenses.
Balance Sheet (in millions of dollars)
-----------------------------------------------------------------------------------------------
Identification code 20-4444-0-3-155
2004 actual
2005 actual
-----------------------------------------------------------------------------------------------
ASSETS:
Investments in US securities:
1102
Federal assets: Treasury securities, par
10,319
15,238
1201
Non-Federal assets: Foreign Currency Investments
23,568
19,256
1801
Other Federal assets: Cash and other monetary assets
8,903
8,392
1999
Total assets
42,790
42,886
LIABILITIES:
2207
Non-Federal liabilities: Other
9,421
9,334
2999
Total liabilities
9,421
9,334
NET POSITION:
3100
Appropriated capital
200
200
3300
Cumulative results of operations
33,169
33,352
3999
Total net position
33,369
33,552
4999
Total liabilities and net position
42,790
42,886
-----------------------------------------------------------------------------------------------
Intragovernmental funds:
Working Capital Fund
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4501-0-4-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
09.10 Working capital fund.............. 206 245 245
09.11 Administrative overhead........... 9 8 8
--------- --------- ----------
10.00 Total new obligations........... 215 253 253
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 39 46 38
22.00 New budget authority (gross)...... 172 245 245
22.10 Resources available from
recoveries of prior year
obligations..................... 50
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 261 291 283
23.95 Total new obligations............. -215 -253 -253
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 46 38 30
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
69.00 Spending authority from
offsetting collections
(gross): Offsetting
collections (cash)............ 172 245 245
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 142 98 106
[[Page 922]]
73.10 Total new obligations............. 215 253 253
73.20 Total outlays (gross)............. -209 -245 -245
73.45 Recoveries of prior year
obligations..................... -50
--------- --------- ----------
74.40 Obligated balance, end of year.. 98 106 114
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 143 233 233
86.98 Outlays from mandatory balances... 66 12 12
--------- --------- ----------
87.00 Total outlays (gross)........... 209 245 245
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
88.00 Offsetting collections (cash)
from: Federal sources......... -172 -245 -245
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays........................... 37
---------------------------------------------------------------------------
Central services in the Department of the Treasury working capital
fund include: telecommunications, printing, duplicating, graphics,
computer support/usage, personnel/payroll, automated financial
management systems, training, short-term management assistance,
procurement, information technology services, equal employment
opportunity services, and environmental health and safety services.
These services are provided on a reimbursable basis at rates which will
recover the fund's operating expenses, including accrual of annual leave
and depreciation of equipment.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4501-0-4-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
11.1 Personnel compensation: Full-time
permanent....................... 19 21 21
12.1 Civilian personnel benefits....... 4 6 6
21.0 Travel and transportation of
persons......................... 1 1 1
23.1 Rental payments to GSA............ 3 3 3
23.3 Communications, utilities, and
miscellaneous charges........... 12 15 15
25.1 Advisory and assistance services.. 17
25.2 Other services.................... 101 186 186
25.3 Other purchases of goods and
services from Government
accounts........................ 32 2 2
25.7 Operation and maintenance of
equipment....................... 23 3 3
26.0 Supplies and materials............ 2 2 2
31.0 Equipment......................... 1 14 14
--------- --------- ----------
99.9 Total new obligations........... 215 253 253
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-4501-0-4-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 194 230 230
---------------------------------------------------------------------------
Treasury Franchise Fund
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4560-0-4-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
09.01 Consolidated/Integrated
Administrative Management....... 767 777 870
09.02 Financial Management
Administrative Support Service.. 73 81 90
09.03 Financial Systems, Consulting and
Training........................ 16 13 13
--------- --------- ----------
10.00 Total new obligations........... 856 871 973
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 346 252 394
22.00 New budget authority (gross)...... 711 978 1,000
22.10 Resources available from
recoveries of prior year
obligations..................... 51 35 35
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 1,108 1,265 1,429
23.95 Total new obligations............. -856 -871 -973
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 252 394 456
----------------------------------------------------------------------------
New budget authority (gross), detail:
Spending authority from offsetting
collections:
Discretionary:
68.00 Offsetting collections (cash). 753 880 983
68.10 Change in uncollected customer
payments from Federal
sources (unexpired)......... -42 98 17
--------- --------- ----------
68.90 Spending authority from
offsetting collections
(total discretionary)..... 711 978 1,000
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. -281 -168 -315
73.10 Total new obligations............. 856 871 973
73.20 Total outlays (gross)............. -734 -885 -983
73.45 Recoveries of prior year
obligations..................... -51 -35 -35
74.00 Change in uncollected customer
payments from Federal sources
(unexpired)..................... 42 -98 -17
--------- --------- ----------
74.40 Obligated balance, end of year.. -168 -315 -377
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 489 675 690
86.93 Outlays from discretionary
balances........................ 245 210 293
--------- --------- ----------
87.00 Total outlays (gross)........... 734 885 983
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
88.00 Offsetting collections (cash)
from: Federal sources......... -753 -880 -983
Against gross budget authority only:
88.95 Change in uncollected customer
payments from Federal sources
(unexpired)................... 42 -98 -17
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays........................... -19 5
---------------------------------------------------------------------------
The Department of the Treasury was authorized to pilot a franchise
fund under P.L. 103-356, the Government Management and Reform Act of
1994. The purpose of the franchise fund pilots was to bring about lower
costs and higher quality for government and financial administrative
services through greater competition. The Treasury Franchise Fund (The
Fund) was established by P.L. 104-208, made permanent by P.L. 108-447
and codified as 31 U.S.C. 322, note.
The Fund is a revolving fund that is used to supply financial and
administrative services to various Treasury bureaus on a fee-for-service
basis. Activities include: Consolidated/Integrated Administrative
Management; Financial Management Administrative Support; and Financial
Systems, Consulting, and Training Services. The Fund was recognized as a
Center of Excellence in the Financial Management Line of Business in
2005, making it eligible to enter into competitions to provide cross-
agency financial management services on a Government-wide basis.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4560-0-4-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Reimbursable obligations:
Personnel compensation:
11.1 Full-time permanent........... 41 56 63
11.5 Other personnel compensation.. 2
--------- --------- ----------
11.9 Total personnel compensation 43 56 63
12.1 Civilian personnel benefits..... 12 15 17
21.0 Travel and transportation of
persons....................... 1 2 2
23.1 Rental payments to GSA.......... 2 2 3
23.3 Communications, utilities, and
miscellaneous charges......... 2 3 4
24.0 Printing and reproduction....... 3 3
25.1 Advisory and assistance services 11 11 12
[[Page 923]]
25.2 Other services.................. 750 735 821
25.3 Other purchases of goods and
services from Government
accounts...................... 21 24 27
25.7 Operation and maintenance of
equipment..................... 2 2 2
26.0 Supplies and materials.......... 2 3 3
31.0 Equipment....................... 8 12 13
32.0 Land and structures............. 1 2 2
--------- --------- ----------
99.0 Reimbursable obligations...... 855 870 972
99.5 Below reporting threshold......... 1 1 1
--------- --------- ----------
99.9 Total new obligations........... 856 871 973
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-4560-0-4-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 686 762 820
---------------------------------------------------------------------------
Credit accounts:
Air Transportation Stabilization Program Account
[For necessary expenses to administer the Air Transportation
Stabilization Board established by section 102 of the Air Transportation
Safety and System Stabilization Act (Public Law 107-42), $2,750,000, to
remain available until expended.] In fiscal year 2007, the Air
Transportation Stabilization Board may charge fees to a borrower for the
costs to the Air Transportation Stabilization Board associated with
bankruptcy proceedings of the borrower. Such fees shall be collected and
deposited in the Air Transportation Stabilization Program Account, to be
available for such costs. (Department of the Treasury Appropriations
Act, 2006.)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0122-0-1-402 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.07 Reestimates of guaranteed loan
subsidy......................... 327
00.08 Interest on reestimates of
guaranteed loan subsidy......... 10
00.09 Administrative expenses........... 4
--------- --------- ----------
10.00 Total new obligations........... 341
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 3 1 4
22.00 New budget authority (gross)...... 339 3
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 342 4 4
23.95 Total new obligations............. -341
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 1 4 4
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 2 3
Mandatory:
60.00 Appropriation................... 337
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 339 3
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 4 4 1
73.10 Total new obligations............. 341
73.20 Total outlays (gross)............. -341 -3
--------- --------- ----------
74.40 Obligated balance, end of year.. 4 1 1
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 2 3
86.93 Outlays from discretionary
balances........................ 2
86.97 Outlays from new mandatory
authority....................... 337
--------- --------- ----------
87.00 Total outlays (gross)........... 341 3
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 339 3
90.00 Outlays........................... 341 3
---------------------------------------------------------------------------
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0122-0-1-402 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Guaranteed loan levels supportable by subsidy
budget authority:
215001Airline loan guarantees...........
--------- --------- ----------
215901Total loan guarantee levels.......
Guaranteed loan subsidy (in percent):
232001Airline loan guarantees........... 0.00 0.00
--------- --------- ----------
232901Weighted average subsidy rate..... 0.00 0.00
Guaranteed loan subsidy budget authority:
233001Airline loan guarantees...........
--------- --------- ----------
233901Total subsidy budget authority....
Guaranteed loan subsidy outlays:
234001Airline loan guarantees...........
--------- --------- ----------
234901Total subsidy outlays.............
Guaranteed loan upward reestimate subsidy
budget authority:
235001Airline loan guarantees........... 337
--------- --------- ----------
235901Total upward reestimate budget
authority....................... 337
Guaranteed loan downward reestimate subsidy
budget authority:
237001Airline loan guarantees........... -37 -115
--------- --------- ----------
237901Total downward reestimate subsidy
budget authority................ -37 -115
----------------------------------------------------------------------------
Administrative expense data:
351001Budget authority.................. 2
358001Outlays from balances............. 3
359001Outlays from new authority........ 2
---------------------------------------------------------------------------
On September 22, 2001, President Bush signed into law the Air
Transportation Safety and System Stabilization Act, P.L. 107-42. The Act
established the Air Transportation Stabilization Board. The Board has
met the requirements established under P.L. 107-42 and will terminate
its activities in 2007.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0122-0-1-402 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
25.2 Other services.................... 1
41.0 Grants, subsidies, and
contributions................... 340
--------- --------- ----------
99.9 Total new obligations........... 341
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-0122-0-1-402 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 3 6
---------------------------------------------------------------------------
Air Transportation Stabilization Guaranteed Loan Financing Account
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4286-0-3-402 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Claim payments.................... 125 9 1
00.02 Interest payments to Treasury..... 2 2 1
00.03 Guarantee Fee Rebates............. 13
00.04 Fee for Sale of Loan Assets....... 5
--------- --------- ----------
00.91 Direct Program by Activities--
Subtotal (1 level)............ 127 29 2
08.01 Payment of negative subsidy to
receipt account................. 42 538
08.02 Payment of downward reestimates to
receipt account................. 35 109
08.04 Payment of Interest on Downward
Reestimates to Receipt Account.. 2 6
--------- --------- ----------
08.91 Direct Program by Activities--
Subtotal (1 level)............ 79 653
--------- --------- ----------
10.00 Total new obligations........... 206 682 2
----------------------------------------------------------------------------
[[Page 924]]
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 386 698 6
22.00 New financing authority (gross)... 741 21 10
22.60 Portion applied to repay debt..... -14 -31 -10
22.70 Balance of authority to borrow
withdrawn....................... -209
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 904 688 6
23.95 Total new obligations............. -206 -682 -2
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 698 6 4
----------------------------------------------------------------------------
New financing authority (gross), detail:
Mandatory:
60.00 Appropriation................... 1
67.10 Authority to borrow............. 325 9
Spending authority from offsetting
collections:
Mandatory:
69.00 Offsetting collections--
Federal..................... 349 1
69.00 Offsetting collections--Non-
Federal..................... 67 11 10
69.27 Capital transfer to general
fund........................ -1
--------- --------- ----------
69.90 Spending authority from
offsetting collections
(total mandatory)......... 416 11 10
--------- --------- ----------
70.00 Total new financing authority
(gross)....................... 741 21 10
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 206 682 2
73.20 Total financing disbursements
(gross)......................... -206 -682 -2
87.00 Total financing disbursements
(gross)......................... 206 682 2
----------------------------------------------------------------------------
Offsets:
Against gross financing authority and
financing disbursements:
Offsetting collections (cash)
from:
88.00 Subsidy from program account.. -337
88.25 Interest on uninvested funds.. -12 -1
88.40 Non-Federal sources........... -67 -11 -10
--------- --------- ----------
88.90 Total, offsetting
collections (cash)........ -416 -12 -10
----------------------------------------------------------------------------
Net financing authority and financing
disbursements:
89.00 Financing authority............... 325 9
90.00 Financing disbursements........... -210 670 -8
---------------------------------------------------------------------------
Status of Guaranteed Loans (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4286-0-3-402 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Position with respect to appropriations act
limitation on commitments:
2111 Limitation on guaranteed loans
made by private lenders.........
2121 Limitation available from carry-
forward......................... 8,258 8,258 8,258
2143 Uncommitted limitation carried
forward......................... -8,258 -8,258 -8,258
--------- --------- ----------
2150 Total guaranteed loan
commitments...................
----------------------------------------------------------------------------
Cumulative balance of guaranteed loans
outstanding:
2210 Outstanding, start of year........ 1,703 955 13
2231 Disbursements of new guaranteed
loans...........................
2251 Repayments and prepayments........ -160 -933 -6
Adjustments:
2261 Terminations for default that
result in loans receivable.... -125 -9
2264 Other adjustments, net.......... -463
--------- --------- ----------
2290 Outstanding, end of year........ 955 13 7
----------------------------------------------------------------------------
Memorandum:
2299 Guaranteed amount of guaranteed
loans outstanding, end of year.. 856 12 6
----------------------------------------------------------------------------
Addendum:
Cumulative balance of defaulted guaranteed
loans that result in loans receivable:
2310 Outstanding, start of year...... 125 9
2331 Disbursements for guaranteed
loan claims................... 125 9
2351 Repayments of loans receivable.. -23 -9
2361 Write-offs of loans receivable.. -102
--------- --------- ----------
2390 Outstanding, end of year...... 125 9
---------------------------------------------------------------------------
The Board will terminate its activities in 2007.
As required by the Federal Credit Reform Act of 1990, as amended,
this non-budgetary account records all cash flows to and from the
Government resulting from loan guarantees obligated in 1992 and beyond.
The amounts in this account are a means of financing and are not
included in the budget totals.
Balance Sheet (in millions of dollars)
-----------------------------------------------------------------------------------------------
Identification code 20-4286-0-3-402
2004 actual
2005 actual
-----------------------------------------------------------------------------------------------
ASSETS:
1101
Federal assets: Fund balances with Treasury
562
698
Net value of assets related to
post-1991 acquired defaulted
guaranteed loans receivable:
1501
Defaulted guaranteed loans receivable, gross
125
1505
Allowance for subsidy cost (-)
-100
1599
Net present value of assets related to defaulted guaranteed loans
25
1999
Total assets
562
723
LIABILITIES:
Federal liabilities:
2103
Principal Payable to Bureau of Public Debt
53
2104
Payable to Treasury for FY 2005 Downward Reestimates
117
2204
Non-Federal liabilities: Liabilities for loan guarantees
562
553
2999
Total liabilities
562
723
4999
Total liabilities and net position
562
723
-----------------------------------------------------------------------------------------------
Community Development Financial Institutions Fund Program Account
To carry out the Community Development Banking and Financial
Institutions Act of 1994 (Public Law 103-325), including services
authorized by 5 U.S.C. 3109, but at rates for individuals not to exceed
the per diem rate equivalent to the rate for ES-3, [$55,000,000, to
remain available until September 30, 2007, of which $4,000,000 shall be
for financial assistance, technical assistance, training and outreach
programs designed to benefit Native American, Native Hawaiian, and
Alaskan Native communities and provided primarily through qualified
community development lender organizations with experience and expertise
in community development banking and lending in Indian country, Native
American organizations, tribes and tribal organizations and other
suitable providers, and up to $13,500,000 may] $7,821,000, to be used
for [administrative expenses, including] administration of the New
Markets Tax Credit[, up to $6,000,000 may be used for the cost of direct
loans, and up to $250,000 may be used for administrative expenses to
carry out the direct loan program: Provided, That the cost of direct
loans, including the cost of modifying such loans, shall be as defined
in section 502 of the Congressional Budget Act of 1974, as amended:
Provided further, That these funds are available to subsidize gross
obligations for the principal amount of direct loans not to exceed
$11,000,000] program and for management of the existing portfolio of
awards to Community Development Financial Institutions and insured
financial institutions. (Department of the Treasury Appropriations Act,
2006.)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1881-0-1-451 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Direct loan subsidy............... 2 3
00.05 Upward Reestimate of Credit
Subsidy......................... 1
00.09 General administrative expenses... 13 16 8
00.11 Bank enterprise awards program.... 10 12
00.12 Financial Assistance.............. 28 21
00.13 Technical Assistance.............. 2 3
[[Page 925]]
00.14 Native American/Hawaiian Program.. 4 4
--------- --------- ----------
10.00 Total new obligations........... 60 59 8
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 3 4
22.00 New budget authority (gross)...... 60 54 8
22.10 Resources available from
recoveries of prior year
obligations..................... 1 1
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 64 59 8
23.95 Total new obligations............. -60 -59 -8
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 4
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 56 55 8
40.33 Appropriation permanently
reduced (P.L. 109-148)........ -1
--------- --------- ----------
43.00 Appropriation (total
discretionary).............. 56 54 8
Mandatory:
60.00 Appropriation................... 1
Discretionary:
68.00 Spending authority from
offsetting collections:
Offsetting collections (cash). 3
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 60 54 8
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 92 65 62
73.10 Total new obligations............. 60 59 8
73.20 Total outlays (gross)............. -84 -61 -33
73.40 Adjustments in expired accounts
(net)........................... -2
73.45 Recoveries of prior year
obligations..................... -1 -1
--------- --------- ----------
74.40 Obligated balance, end of year.. 65 62 37
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 18 6 1
86.93 Outlays from discretionary
balances........................ 65 55 32
86.97 Outlays from new mandatory
authority....................... 1
--------- --------- ----------
87.00 Total outlays (gross)........... 84 61 33
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
88.40 Offsetting collections (cash)
from: Non-Federal sources..... -3
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 57 54 8
90.00 Outlays........................... 80 61 33
---------------------------------------------------------------------------
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1881-0-1-451 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct loan levels supportable by subsidy
budget authority:
115001Community Development Financial
Institutions Program Financial
Assistance Component- Direct
Loans........................... 7 7
--------- --------- ----------
115901Total direct loan levels.......... 7 7
Direct loan subsidy (in percent):
132001Community Development Financial
Institutions Program Financial
Assistance Component- Direct
Loans........................... 36.52 37.47
--------- --------- ----------
132901Weighted average subsidy rate..... 36.52 37.47
Direct loan subsidy budget authority:
133001Community Development Financial
Institutions Program Financial
Assistance Component- Direct
Loans........................... 2 3
--------- --------- ----------
133901Total subsidy budget authority.... 2 3
Direct loan subsidy outlays:
134001Community Development Financial
Institutions Program Financial
Assistance Component- Direct
Loans........................... 2 3
--------- --------- ----------
134901Total subsidy outlays............. 2 3
Direct loan upward reestimate subsidy budget
authority:
135001Community Development Financial
Institutions Program Financial
Assistance Component- Direct
Loans........................... 1
--------- --------- ----------
135901Total upward reestimate budget
authority....................... 1
Direct loan downward reestimate subsidy budget
authority:
137001Community Development Financial
Institutions Program Financial
Assistance Component- Direct
Loans........................... -1 -2
--------- --------- ----------
137901Total downward reestimate budget
authority....................... -1 -2
---------------------------------------------------------------------------
The 2007 Budget proposes to consolidate the Community Development
Financial Institutions (CDFI) program into the Strengthening America's
Communities Initiative, a new economic and community development
strategy to be implemented by the Department of Commerce and the
Department of Housing and Urban Development. The new initiative is
designed to achieve greater results and focus on communities most in
need of assistance.
Treasury's CDFI Fund will continue to be responsible for
administering the New Markets Credit Program and for managing the
existing loan portfolio of awards made to CDFIs and insured financial
institutions.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1881-0-1-451 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
11.1 Personnel compensation: Full-time
permanent....................... 5 5 2
12.1 Civilian personnel benefits....... 1 1
23.1 Rental payments to GSA............ 1 1
25.2 Other services.................... 6 9 6
41.0 Grants, subsidies, and
contributions................... 47 43
--------- --------- ----------
99.9 Total new obligations........... 60 59 8
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-1881-0-1-451 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 50 68 35
---------------------------------------------------------------------------
Community Development Financial Institutions Fund Direct Loan Financing
Account
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4088-0-3-451 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Direct loans...................... 7 7
00.02 Interest paid to Treasury......... 3 3
--------- --------- ----------
00.91 Direct Program by Activities--
Subtotal (1 level)............ 10 10
08.02 Downward Reestimate--Credit
Subsidy......................... 1 2
--------- --------- ----------
10.00 Total new obligations........... 11 12
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New financing authority (gross)... 13 15 3
22.10 Resources available from
recoveries of prior year
obligations..................... 1
22.60 Portion applied to repay debt..... -3 -3 -3
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 11 12
23.95 Total new obligations............. -11 -12
----------------------------------------------------------------------------
New financing authority (gross), detail:
Mandatory:
67.10 Authority to borrow............. 6 8
Mandatory:
69.00 Spending authority from
offsetting collections:
Offsetting collections (cash). 7 7 3
--------- --------- ----------
70.00 Total new financing authority
(gross)....................... 13 15 3
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 6 5 5
[[Page 926]]
73.10 Total new obligations............. 11 12
73.20 Total financing disbursements
(gross)......................... -11 -12 -5
73.45 Recoveries of prior year
obligations..................... -1
--------- --------- ----------
74.40 Obligated balance, end of year.. 5 5
87.00 Total financing disbursements
(gross)......................... 11 12 5
----------------------------------------------------------------------------
Offsets:
Against gross financing authority and
financing disbursements:
Offsetting collections (cash)
from:
88.00 Federal sources............... -3 -3
88.40 Non-Federal sources Intrest
repayments.................. -3 -2 -2
88.40 Non-Federal sources--Principal -1 -1
--------- --------- ----------
88.90 Total, offsetting
collections (cash)........ -6 -6 -3
Against gross financing authority only:
88.96 Portion of offsetting
collections (cash) credited to
expired accounts.............. -1 -1
----------------------------------------------------------------------------
Net financing authority and financing
disbursements:
89.00 Financing authority............... 6 8
90.00 Financing disbursements........... 4 6 2
---------------------------------------------------------------------------
As required by the Federal Credit Reform Act of 1990, this non-
budgetary account records all cash flows to and from the Government
resulting from direct loans obligated in 1992 and beyond (including
modifications of direct loans that resulted from obligations in any
year). The amounts in this account are a means of financing and are not
included in the budget totals.
Status of Direct Loans (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4088-0-3-451 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Position with respect to appropriations act
limitation on obligations:
1111 Limitation on direct loans........ 11 11
1142 Unobligated direct loan limitation
(-)............................. -4 -4
--------- --------- ----------
1150 Total direct loan obligations... 7 7
----------------------------------------------------------------------------
Cumulative balance of direct loans
outstanding:
1210 Outstanding, start of year........ 56 62 68
1231 Disbursements: Direct loan
disbursements................... 8 7
1251 Repayments: Repayments and
prepayments..................... -2 -1 -1
1263 Write-offs for default: Direct
loans...........................
--------- --------- ----------
1290 Outstanding, end of year........ 62 68 67
---------------------------------------------------------------------------
Balance Sheet (in millions of dollars)
-----------------------------------------------------------------------------------------------
Identification code 20-4088-0-3-451
2004 actual
2005 actual
-----------------------------------------------------------------------------------------------
ASSETS:
Net value of assets related to
post-1991 direct loans
receivable:
1401
Direct loans receivable, gross
56
62
1405
Allowance for subsidy cost (-)
-20
-22
1499
Net present value of assets related to direct loans
36
40
1999
Total assets
36
40
LIABILITIES:
2103
Federal liabilities: Debt
36
40
2999
Total liabilities
36
40
4999
Total liabilities and net position
36
40
-----------------------------------------------------------------------------------------------
Trust Funds
Violent Crime Reduction Program
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-8526-0-1-751 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 1
22.00 New budget authority (gross)...... -1
--------- --------- ----------
23.90 Total budgetary resources
available for obligation......
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.36 Unobligated balance permanently
reduced....................... -1
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 2 1
73.20 Total outlays (gross)............. -1 -1
--------- --------- ----------
74.40 Obligated balance, end of year.. 1
----------------------------------------------------------------------------
Outlays (gross), detail:
86.93 Outlays from discretionary
balances........................ 1 1
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. -1
90.00 Outlays........................... 1 1
---------------------------------------------------------------------------
Amounts for the Department of the Treasury's portion of crime
control programs are derived from transfers from the Violent Crime
Reduction Trust Fund (VCRTF) as authorized by the Crime Control and Law
Enforcement Act of 1994. This schedule reflects the only remaining
balances in the account.
Federal Funds
Financial Crimes Enforcement Network
salaries and expenses
For necessary expenses of the Financial Crimes Enforcement Network,
including hire of passenger motor vehicles; travel and training expenses
of non-Federal [law enforcement] and foreign government personnel to
attend meetings and training concerned with domestic and foreign
financial intelligence activities, law enforcement, and financial
regulation; not to exceed $14,000 for official reception and
representation expenses; and for assistance to Federal law enforcement
agencies, with or without reimbursement, [$73,630,000] $89,794,000, of
which not to exceed [$6,944,000] $19,740,000 shall remain available
until September 30, [2008] 2009; and of which [$8,521,000] $8,651,000
shall remain available until September 30, [2007] 2008: Provided, That
funds appropriated in this account may be used to procure personal
services contracts. (Department of the Treasury Appropriations Act,
2006.)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0173-0-1-751 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 BSA administration and Analysis... 68 64 81
00.02 Regulatory support programs,
including money services
businesses...................... 7 9 9
09.01 Reimbursable program.............. 1 3 2
--------- --------- ----------
10.00 Total new obligations........... 76 76 92
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 11 7 9
22.00 New budget authority (gross)...... 73 78 92
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 84 85 101
23.95 Total new obligations............. -76 -76 -92
23.98 Unobligated balance expiring or
withdrawn....................... -1
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 7 9 9
----------------------------------------------------------------------------
[[Page 927]]
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 73 74 90
40.33 Appropriation permanently
reduced (P.L. 109-148)........ -1
40.35 Appropriation permanently
reduced....................... -1
--------- --------- ----------
43.00 Appropriation (total
discretionary).............. 72 73 90
Discretionary:
68.00 Spending authority from
offsetting collections:
Offsetting collections (cash). 1 5 2
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 73 78 92
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 10 22 20
73.10 Total new obligations............. 76 76 92
73.20 Total outlays (gross)............. -66 -78 -88
74.10 Change in uncollected customer
payments from Federal sources
(expired)....................... 2
--------- --------- ----------
74.40 Obligated balance, end of year.. 22 20 24
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 55 60 70
86.93 Outlays from discretionary
balances........................ 11 18 18
--------- --------- ----------
87.00 Total outlays (gross)........... 66 78 88
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
88.00 Offsetting collections (cash)
from: Federal sources......... -3 -5 -2
Against gross budget authority only:
88.96 Portion of offsetting
collections (cash) credited to
expired accounts.............. 2
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 72 73 90
90.00 Outlays........................... 62 73 86
---------------------------------------------------------------------------
The mission of the Financial Crimes Enforcement Network (FinCEN) is
to safeguard the U.S. financial system from the abuses of financial
crime, including terrorist financing and money laundering. FinCEN
promulgates regulations, provides outreach and guidance to regulated
industries, initiates regulatory enforcement actions, and, with the IRS,
manages the information on financial transactions, filed pursuant to the
Bank Secrecy Act (BSA). FinCEN supports law enforcement by providing
investigative case research, facilitating the exchange of information
with foreign jurisdictions, and identifying foreign and domestic money
laundering and terrorist financing trends and patterns. FinCEN works
with the IRS and financial regulators to assure BSA compliance, respond
to public inquiries, and specifically work with new industries that must
comply with BSA requirements. Internationally, FinCEN promotes the
development of anti-money laundering regimes through training and
technical assistance.
A PART analysis found FinCEN's BSA data collection, retrieval, and
sharing activities to be efficient and that FinCEN was working to
continuously improve these processes. The Budget provides additional
resources to FinCEN to streamline data processing and enhance its e-
filing capabilities to increase the ease of compliance with regulations
and improve FinCEN's ability to track users' needs. FinCEN is also
working to address the PART's conclusions that there should be better
measures of the quality of the data collected.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0173-0-1-751 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct obligations:
Personnel compensation:
11.1 Full-time permanent........... 23 27 29
11.5 Other personnel compensation.. 1 1 1
--------- --------- ----------
11.9 Total personnel compensation 24 28 30
12.1 Civilian personnel benefits..... 6 7 8
21.0 Travel and transportation of
persons....................... 1 1 2
23.1 Rental payments to GSA.......... 2 5 5
23.3 Communications, utilities, and
miscellaneous charges......... 1 1 1
25.1 Advisory and assistance services 2 1 1
25.2 Other services.................. 12 9 20
25.3 Other purchases of goods and
services from Government
accounts...................... 13 10 10
25.4 Operation and maintenance of
facilities.................... 1 1
25.7 Operation and maintenance of
equipment..................... 3 6 6
31.0 Equipment....................... 11 4 6
--------- --------- ----------
99.0 Direct obligations............ 75 73 90
99.0 Reimbursable obligations.......... 1 3 2
--------- --------- ----------
99.9 Total new obligations........... 76 76 92
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-0173-0-1-751 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 267 330 352
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 1 1 1
---------------------------------------------------------------------------
FINANCIAL MANAGEMENT SERVICE
Federal Funds
General and special funds:
Salaries and Expenses
For necessary expenses of the Financial Management Service,
[$236,243,000] $233,654,000, of which not to exceed $9,220,000 shall
remain available until September 30, [2008] 2009, for information
systems modernization initiatives; and of which not to exceed $2,500
shall be available for official reception and representation expenses.
(Department of the Treasury Appropriations Act, 2006.)
Special and Trust Fund Receipts (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1801-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
01.00 Balance, start of year............ 10
--------- --------- ----------
01.99 Balance, start of year............ 10
Receipts:
02.20 Debt collection................... 49 50 50
--------- --------- ----------
04.00 Total: Balances and collections... 49 50 60
Appropriations:
05.00 Salaries and expenses............. -49 -40 -60
--------- --------- ----------
07.99 Balance, end of year.............. 10
---------------------------------------------------------------------------
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1801-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.05 Payments.......................... 137 144 147
00.06 Collections....................... 16 17 17
00.07 Debt collection................... 65 50 66
00.08 Government-wide accounting and
reporting....................... 65 63 64
09.01 Reimbursable program.............. 129 128 135
--------- --------- ----------
10.00 Total new obligations........... 412 402 429
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 29 24 23
22.00 New budget authority (gross)...... 407 401 429
22.10 Resources available from
recoveries of prior year
obligations..................... 1
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 437 425 452
23.95 Total new obligations............. -412 -402 -429
23.98 Unobligated balance expiring or
withdrawn....................... -1
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 24 23 23
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 231 236 234
40.33 Appropriation permanently
reduced (P.L. 109-148)........ -2
40.35 Appropriation permanently
reduced....................... -2
--------- --------- ----------
43.00 Appropriation (total
discretionary).............. 229 234 234
[[Page 928]]
Mandatory:
60.20 Appropriation (special fund).... 49 40 60
Spending authority from offsetting
collections:
Discretionary:
68.00 Offsetting collections (cash). 110 127 135
68.10 Change in uncollected customer
payments from Federal
sources (unexpired)......... 19
--------- --------- ----------
68.90 Spending authority from
offsetting collections
(total discretionary)..... 129 127 135
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 407 401 429
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 62 49 60
73.10 Total new obligations............. 412 402 429
73.20 Total outlays (gross)............. -423 -391 -428
73.40 Adjustments in expired accounts
(net)........................... -1
73.45 Recoveries of prior year
obligations..................... -1
74.00 Change in uncollected customer
payments from Federal sources
(unexpired)..................... -19
74.10 Change in uncollected customer
payments from Federal sources
(expired)....................... 19
--------- --------- ----------
74.40 Obligated balance, end of year.. 49 60 61
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 309 328 336
86.93 Outlays from discretionary
balances........................ 63 23 32
86.97 Outlays from new mandatory
authority....................... 22 21 41
86.98 Outlays from mandatory balances... 29 19 19
--------- --------- ----------
87.00 Total outlays (gross)........... 423 391 428
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
88.00 Offsetting collections (cash)
from: Federal sources......... -131 -127 -135
Against gross budget authority only:
88.95 Change in uncollected customer
payments from Federal sources
(unexpired)................... -19
88.96 Portion of offsetting
collections (cash) credited to
expired accounts.............. 21
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 278 274 294
90.00 Outlays........................... 293 264 293
---------------------------------------------------------------------------
For the 2007 Budget, the Financial Management Service will focus its
efforts on the following four areas:
1. Payments.--FMS implements payment policy and procedures for the
Federal Government, issues and distributes payments, promotes the use of
electronics in the payment process, and assists agencies in converting
payments from paper checks to electronic funds transfer (EFT). The
control and financial integrity of the Federal payments and collections
process includes reconciliation, accounting, and claims activities. The
claims activities settle claims against the United States resulting from
Government checks which have been forged, lost, stolen, or destroyed,
and collects monies from those parties liable for fraudulent or
otherwise improper negotiation of Government checks. The Payments
activity received an ``effective'' rating on a recent evaluation using
OMB's Program Assessment Rating Tool (PART).
WORKLOAD STATISTICS
(Thousands)
2005 actual 2006 est. 2007 est.
1. Number of check claims
submitted..................... 1,385 1,300 1,200
2. Number of check payments... 227,642 211,186 208,244
3. Number of electronic
payments...................... 724,996 748,749 783,396
2. Collections.--FMS implements collections policy, regulations,
standards, and procedures for the Federal Government, facilitates
collections, promotes the use of electronics in the collections process,
and assists agencies in converting collections from paper to electronic
media. Last year, the Collections activity received an ``effective''
PART rating.
3. Debt Collection.--FMS provides debt collection operational
services to client agencies which include collection of delinquent
accounts, offsets of Federal payments against debts owed the Government,
post-judgment enforcement, consolidation of information reported to
credit bureaus, reporting for discharged debts or vendor payments, and
disposition of foreclosed property. The Debt Collection activity
received an ``effective'' PART rating in 2005.
As a result of the PART analysis, the 2005 Budget sought legislative
authority for following debt collection initiatives: 1) Allow Treasury
to match information about persons who owe delinquent debt to the
Government with information contained in the HHS National Directory of
New Hires; 2) Increase amounts levied from vendor payments (from 15
percent to 100 percent) to collect outstanding debts; 3) Allow the
offset of Federal tax refunds to collect delinquent State UI
overpayments; and 4) Eliminate the 10-year limitations period applicable
to the offset of Federal non-tax payments to collect debt owed to
Federal agencies. Initiatives 1 and 2 were enacted by the 2005 Omnibus
Appropriations Act (P.L. 108-447) and the Jumpstart Our Business
Strength Act (P.L. 108-357), respectively. Initiatives 3 and 4 were
reproposed in the 2006 Budget and are proposed again in the 2007 Budget.
4. Government-wide Accounting and Reporting.--FMS provides financial
accounting, reporting, and financing services to the Federal Government
and the Government's agents who participate in the payments and
collections process by generating a series of daily, monthly, quarterly
and annual Government-wide reports. FMS also works directly with
agencies to help reconcile reporting differences.
This appropriation includes $546,000 for the Office of Management
and Budget's (OMB) annual payment to the Financial Accounting Standards
Advisory Board (FASAB). Both OMB and Treasury share operating costs
($546,000 and $446,000, respectively) and responsibilities for improving
government accounting standards as the two Executive Branch sponsors of
FASAB. The Financial Management Service (FMS) will forward a payment of
$992,000 to the FASAB. This single payment will streamline the payment
and budget process by consolidating the Executive Branch's contribution
to FASAB.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1801-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct obligations:
Personnel compensation:
11.1 Full-time permanent........... 131 132 136
11.3 Other than full-time permanent 3 3 4
11.5 Other personnel compensation.. 4 4 5
--------- --------- ----------
11.9 Total personnel compensation 138 139 145
12.1 Civilian personnel benefits..... 33 33 35
21.0 Travel and transportation of
persons....................... 2 2 2
23.1 Rental payments to GSA.......... 17 16 17
23.2 Rental payments to others....... 1
23.3 Communications, utilities, and
miscellaneous charges......... 13 13 14
24.0 Printing and reproduction....... 1 1 1
25.1 Advisory and assistance services 11 10 12
25.2 Other services.................. 22 23 24
25.3 Other purchases of goods and
services from Government
accounts...................... 7 6 8
25.4 Operation and maintenance of
facilities.................... 1 1 1
25.7 Operation and maintenance of
equipment..................... 14 13 15
26.0 Supplies and materials.......... 5 4 5
31.0 Equipment....................... 16 13 15
32.0 Land and structures............. 1
--------- --------- ----------
99.0 Direct obligations............ 282 274 294
99.0 Reimbursable obligations.......... 129 128 135
[[Page 929]]
99.5 Below reporting threshold......... 1
--------- --------- ----------
99.9 Total new obligations........... 412 402 429
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-1801-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 1,896 2,044 2,044
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 105 94 87
---------------------------------------------------------------------------
Payment to Justice, FIRREA Related Claims
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0177-0-1-752 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 2 2 2
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 2 2 2
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays...........................
---------------------------------------------------------------------------
In 1998, the Secretary of the Treasury was authorized to use funds
made available to the Federal Savings and Loan Insurance Corporation
(FSLIC) Resolution Fund to reimburse the Department of Justice for the
reasonable expenses of litigation that were incurred in the defense of
claims against the U.S. arising from the Financial Institutions Reform,
Recovery, and Enforcement Act of 1989 and its implementation.
Payment to the Resolution Funding Corporation
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1851-0-1-908 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Interest on REFCORP obligations... 2,130 2,104 2,140
--------- --------- ----------
10.00 Total new obligations (object
class 41.0)................... 2,130 2,104 2,140
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 2,130 2,104 2,140
23.95 Total new obligations............. -2,130 -2,104 -2,140
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 2,130 2,104 2,140
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 2,130 2,104 2,140
73.20 Total outlays (gross)............. -2,130 -2,104 -2,140
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 2,130 2,104 2,140
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 2,130 2,104 2,140
90.00 Outlays........................... 2,130 2,104 2,140
---------------------------------------------------------------------------
The Financial Institutions Reform, Recovery, and Enforcement Act of
1989 authorized and appropriated to the Secretary of the Treasury, such
sums as may be necessary to cover interest payments on obligations
issued by the Resolution Funding Corporation (REFCORP). REFCORP was
established under the Act to raise $31.2 billion for the Resolution
Trust Corporation (RTC) in order to resolve savings institution
insolvencies.
Sources of payment for interest due on REFCORP obligations include
REFCORP investment income, proceeds from the sale of assets or warrants
acquired by the RTC, and annual contributions by the Federal Home Loan
Banks. If these payment sources are insufficient to cover all interest
costs, funds appropriated to the Treasury shall be used to meet the
shortfall.
Payment to Terrestrial Wildlife Habitat Restoration Trust Fund
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1738-0-1-306 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Cheyenne River Sioux Tribe
terrestrial wildlife habitat
restoration trust fund.......... 4 4 4
00.02 Lower Breul Sioux Tribe
terrestrial wildlife habitat
restoration trust fund.......... 1 1 1
--------- --------- ----------
10.00 Total new obligations (object
class 41.0)................... 5 5 5
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 5 5 5
23.95 Total new obligations............. -5 -5 -5
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 5 5 5
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 5 5 5
73.20 Total outlays (gross)............. -5 -5 -5
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 5 5 5
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 5 5 5
90.00 Outlays........................... 5 5 5
---------------------------------------------------------------------------
Section 604(b) of the Water Resources Development Act of 1999 (P.L.
106-53) requires that the Secretary of the Treasury, beginning in 1999,
deposit $5 million annually (74 percent into the Cheyenne River Sioux
Tribe Terrestrial Wildlife Restoration Trust Fund and 26 percent into
the Lower Brule Sioux Tribe Terrestrial Wildlife Restoration Trust Fund)
until a total of $57.4 million has been deposited. At the end of FY
2005, $37 million in total had been deposited.
Federal Reserve Bank Reimbursement Fund
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1884-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Federal Reserve Bank services..... 239 239 245
--------- --------- ----------
10.00 Total new obligations (object
class 25.2)................... 239 239 245
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 19
22.00 New budget authority (gross)...... 258 220 245
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 258 239 245
23.95 Total new obligations............. -239 -239 -245
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 19
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 258 220 245
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 48 58 52
73.10 Total new obligations............. 239 239 245
73.20 Total outlays (gross)............. -229 -245 -245
--------- --------- ----------
[[Page 930]]
74.40 Obligated balance, end of year.. 58 52 52
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 229 168 193
86.98 Outlays from mandatory balances... 77 52
--------- --------- ----------
87.00 Total outlays (gross)........... 229 245 245
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 258 220 245
90.00 Outlays........................... 229 245 245
---------------------------------------------------------------------------
This fund was established as a permanent, indefinite appropriation
to allow the Financial Management Service to reimburse the Federal
Reserve Banks for services provided in their capacity as depositaries
and fiscal agents for the United States.
Financial Agent Services
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1802-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Financial agent services.......... 343 360 311
--------- --------- ----------
10.00 Total new obligations (object
class 25.1)................... 343 360 311
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 16 38
22.00 New budget authority (gross)...... 365 322 311
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 381 360 311
23.95 Total new obligations............. -343 -360 -311
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 38
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 365 322 311
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 37 2
73.10 Total new obligations............. 343 360 311
73.20 Total outlays (gross)............. -378 -362 -311
--------- --------- ----------
74.40 Obligated balance, end of year.. 2
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 362 322 311
86.98 Outlays from mandatory balances... 16 40
--------- --------- ----------
87.00 Total outlays (gross)........... 378 362 311
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 365 322 311
90.00 Outlays........................... 378 362 311
---------------------------------------------------------------------------
This permanent and indefinite appropriation was established to
reimburse financial institutions for the services they provide as
depositaries and financial agents of the Federal Government. The
services include the acceptance and processing of deposits of public
money, as well as services essential to the disbursement of and
accounting for public monies. The services provided are authorized under
numerous statutes including, but not limited to, 12 U.S.C. 90 and 265.
This permanent and indefinite appropriation is authorized by P.L. 108-
100, the ``Check Clearing for the 21st Century Act,'' and permanently
appropriated by P.L. 108-199, the ``Consolidated Appropriations Act of
2004.''
Interest on Uninvested Funds
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1860-0-1-908 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Interest of uninvested funds...... 7 8 8
--------- --------- ----------
10.00 Total new obligations (object
class 43.0)................... 7 8 8
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 7 8 8
23.95 Total new obligations............. -7 -8 -8
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 7 8 8
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 20 19 19
73.10 Total new obligations............. 7 8 8
73.20 Total outlays (gross)............. -8 -8 -8
--------- --------- ----------
74.40 Obligated balance, end of year.. 19 19 19
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 8 8
86.98 Outlays from mandatory balances... 8
--------- --------- ----------
87.00 Total outlays (gross)........... 8 8 8
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 7 8 8
90.00 Outlays........................... 8 8 8
---------------------------------------------------------------------------
Under conditions of the law creating each trust, interest accruing
and payable from the general fund of the Treasury is appropriated for
payment to the proper fund receipt accounts (31 U.S.C. 1321; 2 U.S.C.
158; 20 U.S.C. 74a and 101; 24 U.S.C. 46; and 69 Stat. 533).
Federal Interest Liabilities to the States
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1877-0-1-908 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Federal interest liabilities to
States.......................... 1 2
--------- --------- ----------
10.00 Total new obligations (object
class 25.2)................... 1 2
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 1 2
23.95 Total new obligations............. -1 -2
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 1 2
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 1 2
73.20 Total outlays (gross)............. -1 -2
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 1 2
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 1 2
90.00 Outlays........................... 1 2
---------------------------------------------------------------------------
As provided by statute and regulation, interest is paid to States
when Federal funds are not transferred in a timely manner.
[[Page 931]]
Interest Paid to Credit Financing Accounts
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1880-0-1-908 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Interest paid to credit financing
accounts........................ 4,420 4,610 4,968
--------- --------- ----------
10.00 Total new obligations........... 4,420 4,610 4,968
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 4,420 4,610 4,968
23.95 Total new obligations............. -4,420 -4,610 -4,968
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 4,418 4,610 4,968
Mandatory:
69.00 Spending authority from
offsetting collections:
Offsetting collections (cash). 2
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 4,420 4,610 4,968
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 11
73.10 Total new obligations............. 4,420 4,610 4,968
73.20 Total outlays (gross)............. -4,431 -4,610 -4,968
--------- --------- ----------
74.40 Obligated balance, end of year..
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 4,420 4,610 4,968
86.98 Outlays from mandatory balances... 11
--------- --------- ----------
87.00 Total outlays (gross)........... 4,431 4,610 4,968
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
88.00 Offsetting collections (cash)
from: Federal sources......... -2
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 4,418 4,610 4,968
90.00 Outlays........................... 4,429 4,610 4,968
---------------------------------------------------------------------------
This account pays interest on the invested balances of guaranteed
and direct loan financing accounts. For guaranteed loan financing
accounts, balances result when the accounts receive up-front payments
and fees to be held in reserve to make payments on defaults. Direct loan
financing accounts normally borrow from Treasury to disburse loans and
receive interest and principal payments and other payments from
borrowers. Because direct loan financing accounts generally repay
borrowing from Treasury at the end of the year, they can build up
balances of payments received during the year. Interest on invested
balances is paid to the financing accounts from the general fund of the
Treasury, in accordance with section 505(c) of the Federal Credit Reform
Act of 1990.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1880-0-1-908 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
43.0 Direct obligations: Interest and
dividends....................... 4,418 4,610 4,968
99.0 Reimbursable obligations:
Reimbursable obligations........ 2
--------- --------- ----------
99.9 Total new obligations........... 4,420 4,610 4,968
---------------------------------------------------------------------------
Claims, Judgments, and Relief Acts
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1895-0-1-808 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
Claims adjudicated administratively:
00.01 Claims for damages.............. 2 2 3
00.03 Claims for contract disputes.... 187 153 129
--------- --------- ----------
00.91 Total claims adjudicated
administratively.............. 189 155 132
Court judgments:
01.01 Judgments, Court of Claims...... 199 200 202
01.02 Judgments, U.S. courts.......... 588 549 539
--------- --------- ----------
01.91 Total court judgments......... 787 749 741
--------- --------- ----------
10.00 Total new obligations........... 976 904 873
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 975 904 873
22.10 Resources available from
recoveries of prior year
obligations..................... 1
22.75 Balance of contract authority
withdrawn....................... -1
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 975 904 873
23.95 Total new obligations............. -976 -904 -873
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 973 904 873
Mandatory:
69.00 Spending authority from
offsetting collections:
Offsetting collections (cash). 2
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 975 904 873
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 117 16 16
73.10 Total new obligations............. 976 904 873
73.20 Total outlays (gross)............. -1,076 -904 -873
73.45 Recoveries of prior year
obligations..................... -1
--------- --------- ----------
74.40 Obligated balance, end of year.. 16 16 16
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 975 904 873
86.98 Outlays from mandatory balances... 101
--------- --------- ----------
87.00 Total outlays (gross)........... 1,076 904 873
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
88.40 Offsetting collections (cash)
from: Non-Federal sources..... -2
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 973 904 873
90.00 Outlays........................... 1,074 904 873
---------------------------------------------------------------------------
Appropriations are made for cases in which the Federal Government is
found by courts to be liable for payment of claims and interest for
damages not chargeable to appropriations of individual agencies and for
payment of private and public relief acts. Public Law 95-26 authorized a
permanent indefinite appropriation to pay certain judgments from the
general funds of the Treasury.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1895-0-1-808 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
42.0 Direct obligations: Insurance
claims and indemnities.......... 974 904 873
99.0 Reimbursable obligations:
Reimbursable obligations........ 2
--------- --------- ----------
99.9 Total new obligations........... 976 904 873
---------------------------------------------------------------------------
Payment of Anti-Terrorism Judgments
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1811-0-1-808 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Direct program activity........... 1
--------- --------- ----------
10.00 Total new obligations (object
class 25.2)................... 1
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 1
23.95 Total new obligations............. -1
--------- --------- ----------
[[Page 932]]
24.40 Unobligated balance carried
forward, end of year..........
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 1
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays........................... 1
---------------------------------------------------------------------------
This account was established pursuant to section 2002 of the Victims
of Trafficking and Violence Protection Act, Public Law 106-386, for the
purpose of making payments to persons who hold certain categories of
judgments against Iran in suits brought under 28 U.S.C. 1605a(7).
Restitution of Foregone Interest
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1875-0-1-908 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Restitution of foregone interest.. 142
--------- --------- ----------
10.00 Total new obligations (object
class 43.0)................... 142
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 142
23.95 Total new obligations............. -142
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 142
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 142
73.20 Total outlays (gross)............. -142
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 142
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 142
90.00 Outlays........................... 142
---------------------------------------------------------------------------
This account provides funds for the payment of interest on
investments in Treasury securities that the Secretary of the Treasury
suspended or redeemed during the ``debt limit suspension period'' that
he declared during 2005. The statutes permit this action when Treasury
is constrained by the statutory debt limit. They require that the
Treasury restore all due interest and principal to these funds as soon
as this can be done without exceeding the debt limit. A payment of
interest was made to the Civil Service Retirement and Disability Fund
for approximately $1 million and the G-Fund within the Thrift Savings
Fund for $141 million.
Biomass Energy Development
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0114-0-1-271 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 24 24
22.40 Capital transfer to general fund.. -24
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 24
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 24
----------------------------------------------------------------------------
New budget authority (gross), detail:
Spending authority from offsetting
collections:
Discretionary:
68.00 Offsetting collections (cash). 1 8 5
68.27 Capital transfer to general
fund........................ -1 -8 -5
--------- --------- ----------
68.90 Spending authority from
offsetting collections
(total discretionary).....
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 1 1 1
--------- --------- ----------
74.40 Obligated balance, end of year.. 1 1 1
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
88.40 Offsetting collections (cash)
from: Non-Federal sources..... -1 -8 -5
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. -1 -8 -5
90.00 Outlays........................... -1 -8 -5
---------------------------------------------------------------------------
This account was created to provide loan guarantees for the
construction of biomass-to-ethanol facilities, as authorized under Title
II of the Energy Security Act. All of the loans guaranteed by this
account went into default. The guarantees have been paid off, and the
assets of all but one of the projects have been liquidated. The one
remaining project, the New Energy Company of Indiana, continues to make
payments to the Treasury on their loan, which the Government acquired
after paying off the guarantee.
Continued Dumping and Subsidy Offset
Special and Trust Fund Receipts (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5688-0-2-376 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
01.00 Balance, start of year............ 293 293 1,972
--------- --------- ----------
01.99 Balance, start of year............ 293 293 1,972
Receipts:
02.60 Antidumping and countervailing
duties, Continued dumping and
subsidy offset.................. 237 1,928 1,941
--------- --------- ----------
04.00 Total: Balances and collections... 530 2,221 3,913
Appropriations:
05.00 Continued dumping and subsidy
offset (receipts)............... -237 -1,928 -1,941
05.01 Continued dumping and subsidy
offset (previously unavailable). -249 -249 -1,928
05.02 Continued dumping and subsidy
offset (portion precluded from
obligation)..................... 249 1,928 1,941
--------- --------- ----------
05.99 Total appropriations............ -237 -249 -1,928
--------- --------- ----------
07.99 Balance, end of year.............. 293 1,972 1,985
---------------------------------------------------------------------------
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5688-0-2-376 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Continued dumping and subsidy
offset.......................... 296 249 1,928
--------- --------- ----------
10.00 Total new obligations (object
class 41.0)................... 296 249 1,928
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 376 317 317
22.00 New budget authority (gross)...... 237 249 1,928
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 613 566 2,245
23.95 Total new obligations............. -296 -249 -1,928
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 317 317 317
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.20 Appropriation (special fund).... 237 1,928 1,941
60.28 Appropriation (previously
unavailable).................. 249 249 1,928
[[Page 933]]
60.45 Portion precluded from
obligation.................... -249 -1,928 -1,941
--------- --------- ----------
62.50 Appropriation (total
mandatory).................. 237 249 1,928
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 296 249 1,928
73.20 Total outlays (gross)............. -296 -249 -1,928
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 249 1,928
86.98 Outlays from mandatory balances... 296
--------- --------- ----------
87.00 Total outlays (gross)........... 296 249 1,928
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 237 249 1,928
90.00 Outlays........................... 296 249 1,928
---------------------------------------------------------------------------
The Bureau of Customs and Border Protection, Department of Homeland
Security, collects duties assessed pursuant to a countervailing duty
order, an antidumping duty order, or a finding under the Antidumping Act
of 1921. Under a provision enacted in 2000, the Bureau of Customs and
Border Protection, through the Treasury, currently distributes these
duties to affected domestic producers. These distributions provide a
significant additional subsidy to producers that already gain protection
from the increased import prices provided by the tariffs. The
Administration has proposed repeal of the provision since the 2004
Budget. The provision would be repealed beginning in 2008 by the Deficit
Reduction Act.
Public enterprise revolving fund:
Check Forgery Insurance Fund
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4109-0-3-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
09.01 Reimbursable program.............. 19 19 19
--------- --------- ----------
10.00 Total new obligations (object
class 42.0)................... 19 19 19
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 7 6 5
22.00 New budget authority (gross)...... 18 18 18
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 25 24 23
23.95 Total new obligations............. -19 -19 -19
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 6 5 4
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 3 3
Mandatory:
69.00 Spending authority from
offsetting collections:
Offsetting collections (cash). 18 15 15
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 18 18 18
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 1
73.10 Total new obligations............. 19 19 19
73.20 Total outlays (gross)............. -19 -18 -18
--------- --------- ----------
74.40 Obligated balance, end of year.. 1 2
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 12 18 18
86.98 Outlays from mandatory balances... 7
--------- --------- ----------
87.00 Total outlays (gross)........... 19 18 18
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
88.40 Offsetting collections (cash)
from: Non-Federal sources..... -18 -15 -15
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 3 3
90.00 Outlays........................... 1 3 3
---------------------------------------------------------------------------
This fund was established as a permanent, indefinite appropriation
in order to maintain adequate funding of the Check Forgery Insurance
Fund. The Fund facilitates timely payments for replacement Treasury
checks necessitated due to a claim of forgery. The Fund recoups
disbursements through reclamations made against banks negotiating forged
checks.
To reduce hardships sustained by payees of Government checks that
have been stolen and forged, settlement is made in advance of the
receipt of funds from the endorsers of the checks. If the U.S. Treasury
is unable to recover funds through reclamation procedures, the Fund
sustains the loss.
P.L. 108-447 expanded the use of the fund to include payments made
via electronic funds transfer (EFT). The Budget proposes a technical
correction to the Fund's statutes to ensure and clarify that the Fund
can be utilized as a funding source for relief of administrative
disbursing errors.
Trust Funds
Cheyenne River Sioux Tribe Terrestrial Wildlife Habitat Restoration
Trust Fund
Special and Trust Fund Receipts (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-8209-0-7-306 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
01.00 Balance, start of year............ 31 37 43
--------- --------- ----------
01.99 Balance, start of year............ 31 37 43
Receipts:
02.00 General fund payments, Lower Brule
Sioux Tribe terrestrial wildlife
habitat restoration trust fund.. 1 1 1
02.01 General fund payments, Cheyenne
River Sioux Tribe terrestrial
wildlife habitat restoration
trust fund...................... 4 4 4
02.02 Earnings on investments, Cheyenne
River Sioux Tribe terrestrial
wildlife habitat restoration
trust fund...................... 1 1 1
--------- --------- ----------
02.99 Total receipts and collections.. 6 6 6
--------- --------- ----------
04.00 Total: Balances and collections... 37 43 49
Appropriations:
05.00 Cheyenne River Sioux Tribe
terrestrial wildlife habitat
restoration trust fund.......... -5 -5 -5
05.01 Cheyenne River Sioux Tribe
terrestrial wildlife habitat
restoration trust fund.......... 5 5 5
--------- --------- ----------
05.99 Total appropriations............
--------- --------- ----------
07.99 Balance, end of year.............. 37 43 49
---------------------------------------------------------------------------
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-8209-0-7-306 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.26 Appropriation (trust fund)...... 5 5 5
60.45 Portion precluded from
obligation.................... -5 -5 -5
--------- --------- ----------
62.50 Appropriation (total
mandatory)..................
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays...........................
----------------------------------------------------------------------------
Memorandum (non-add) entries:
92.01 Total investments, start of year:
Federal securities: Par value... 32 38 43
92.02 Total investments, end of year:
Federal securities: Par value... 38 43 48
---------------------------------------------------------------------------
This schedule reflects the payments made to the Cheyenne River Sioux
Tribe Terrestrial Wildlife Restoration Trust Fund and the Lower Brule
Sioux Tribe Terrestrial Wildlife Restoration Trust Fund. After the funds
are fully capitalized (at a total level of $57.4 million), interest
earned will be available to carry out the purposes of the funds.
[[Page 934]]
FEDERAL FINANCING BANK ACTIVITIES
Federal Funds
Intragovernmental funds:
Federal Financing Bank
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4521-0-4-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
09.01 Administrative expenses........... 3 4 4
09.02 Interest on borrowings from
Treasury........................ 551 393 786
09.03 Interest on borrowings from civil
service retirement and
disability fund................. 405 651 651
--------- --------- ----------
10.00 Total new obligations........... 959 1,048 1,441
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 450 363 925
22.00 New budget authority (gross)...... 1,322 1,905 1,995
22.60 Portion applied to repay debt..... -450 -295 -144
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 1,322 1,973 2,776
23.95 Total new obligations............. -959 -1,048 -1,441
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 363 925 1,335
----------------------------------------------------------------------------
New budget authority (gross), detail:
Spending authority from offsetting
collections:
Mandatory:
69.00 Offsetting collections (cash). 1,776 1,905 1,995
69.47 Portion applied to repay debt. -454
--------- --------- ----------
69.90 Spending authority from
offsetting collections
(total mandatory)......... 1,322 1,905 1,995
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 959 1,048 1,441
73.20 Total outlays (gross)............. -959 -1,048 -1,441
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 959 1,048 1,441
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
88.00 Offsetting collections (cash)
from: Federal sources......... -1,776 -1,905 -1,995
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. -454
90.00 Outlays........................... -816 -857 -554
---------------------------------------------------------------------------
The Federal Financing Bank (FFB) was created in 1973 to reduce the
costs of certain Federal and federally assisted borrowing and to ensure
the coordination of such borrowing from the public in a manner least
disruptive to private financial markets and institutions. Prior to that
time, many agencies borrowed directly from the private market to finance
credit programs involving lending to the public at higher rates than on
comparable Treasury securities. With the implementation of the Federal
Credit Reform Act in 1992, however, agencies simply finance such loan
programs through direct loan financing accounts that borrow directly
from the Treasury. Therefore, FFB loans are now used primarily to
finance direct agency activities such as construction of Federal
buildings by the General Services Administration and activities of the
U.S. Postal Service. In certain cases, the FFB finances Federal direct
loans to the public that would otherwise be made by private lenders and
fully guaranteed by a Federal agency.
Lending by the FFB may take one of three forms, depending on the
authorizing statutes pertaining to a particular agency or program: (1)
the FFB may purchase agency financial assets; (2) the FFB may acquire
debt securities that the agency is otherwise authorized to issue to the
public; and (3) the FFB may originate direct loans on behalf of an
agency by disbursing loans directly to private borrowers and receiving
repayments from the private borrower on behalf of the agency. Because
law requires that transactions by the FFB be treated as a means of
financing agency obligations, the budgetary effect of the third type of
transaction is reflected in the budget in the following sequence: a loan
by the FFB to the agency, a loan by the agency to a private borrower, a
repayment by a private borrower to the agency, and a repayment by the
agency to the FFB.
Under a provision in the 1987 enabling legislation for the
Agriculture Department's Cushion of credit payments program, the FFB
receives substantially less interest each year on certain loans that it
holds than it is contractually entitled to receive. For example, during
2005, as a result of this provision, the FFB received $244 million less
than it was entitled to receive. This provision, however, does not
reduce the amount of interest the FFB owes on its corresponding loans
from Treasury. A change in the method of accounting for these losses,
together with net income of $556 million, resulted in an increase in the
net position of the FFB to $1.2 billion for 2005.
In addition to its authority to borrow from the Treasury, the FFB
has the statutory authority to borrow up to $15 billion from other
sources. Any such borrowing is exempt from the statutory ceiling on
Federal debt. In 1986, the FFB exercised this authority by issuing $15
billion in debt to the Civil Service Retirement and Disability Fund
(CSRDF). In October 2002, the FFB redeemed this debt, financed by
borrowing from Treasury. Again, in March 2003, the FFB issued $15
billion in debt to the CSRDF. The debt was redeemed in June 2003.
In November 2004, in order to prolong Treasury's ability to operate
under the $7.4 trillion debt ceiling, the FFB issued $14 billion of its
own debt securities to the CSRDF in exchange for $14 billion in special
issue Treasury securities held by CSRDF. The FFB simultaneously redeemed
these special issue Treasury securities with Treasury. This transaction
extinguished $14 billion in securities that Treasury had issued to
Government accounts (the CSRDF). An equivalent amount of the FFB's own
debt to Treasury was reduced. The FFB debt held by the CSRDF will be
redeemed beginning in 2009.
The following table shows the annual net lending by the FFB by
agency and program and the amount outstanding at the end of each year.
NET LENDING AND LOANS OUTSTANDING, END OF YEAR
(in millions of dollars)
2005 actual 2006 est. 2007 est.
A. Department of Agriculture:
1. Rural housing loans:
Lending, net.................... -680
Loans outstanding...............
2. Rural development loans:
Lending, net.................... -200
Loans outstanding...............
3. Rural Utilities Service:
Lending, net.................... 1,575 627 765
Loans outstanding............... 22,806 23,433 24,198
B. Department of Defense:
1. Defense working capital funds:
Lending, net.................... -123 -111 -107
Loans outstanding............... 376 265 158
C. Department of Education:
1. Historically black colleges and
universities:
Lending, net.................... 8 51 37
Loans outstanding............... 126 177 214
D. Department of Housing and Urban
Development:
1. Section 108 guaranteed loans:
Lending, net.................... * *
Loans outstanding............... *
2. Low-rent public housing:
Lending, net.................... -83 -88 -93
Loans outstanding............... 972 884 791
E. Department of the Interior:
1. Territory of the Virgin
Islands:
Lending, net.................... -2 -2 -3
Loans outstanding............... 6 4 1
[[Page 935]]
F. Department of Transportation:
1. Railroad Revitalization and
Regulatory Reform Act:
Lending, net.................... * -1 *
Loans outstanding............... 3 2 2
G. Department of Veterans Affairs:
1. Native American and
transitional housing:
Lending, net.................... 2
Loans outstanding............... 2 2
H. General Services Administration:
1. Federal buildings fund:
Lending, net.................... 2 19 -41
Loans outstanding............... 2,144 2,163 2,122
I. International Assistance
Programs:
1. Foreign military sales credit:
Lending, net.................... -220 -221 -188
Loans outstanding............... 1,244 1,023 835
J. Small Business Administration:
1. Section 503 guaranteed loans:
Lending, net.................... -17 -15 -12
Loans outstanding............... 40 25 13
K. Postal Service:
Lending, net...................... -1,800 1,500 3,000
Loans outstanding................. 1,500 4,500
====================================
Total lending:
Lending, net...................... -1,541 1,761 3,358
Loans outstanding................. 27,716 29,476 32,834
====================================
* $500,000 or less.
Balance Sheet (in millions of dollars)
-----------------------------------------------------------------------------------------------
Identification code 20-4521-0-4-803
2004 actual
2005 actual
-----------------------------------------------------------------------------------------------
ASSETS:
Federal assets:
1101
Fund balances with Treasury
450
361
Investments in US securities:
1104
Agency securities, par
28,712
27,774
1106
Receivables, net
249
183
1999
Total assets
29,411
28,318
LIABILITIES:
Federal liabilities:
2101
Accounts payable
89
197
2103
Borrowing from Treasury
29,323
12,426
2103
Borrowing from Civil Service Retirement & Disability Fund
14,000
2105
Unamortized Premium
474
2999
Total liabilities
29,412
27,097
NET POSITION:
3300
Cumulative results of operations
-1
1,221
3999
Total net position
-1
1,221
4999
Total liabilities and net position
29,411
28,318
-----------------------------------------------------------------------------------------------
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4521-0-4-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
25.2 Other services.................... 3 4 4
43.0 Interest and dividends............ 956 1,044 1,437
--------- --------- ----------
99.9 Total new obligations........... 959 1,048 1,441
---------------------------------------------------------------------------
ALCOHOL AND TOBACCO TAX AND TRADE BUREAU
Federal Funds
General and special funds:
Salaries and Expenses
For necessary expenses of carrying out section 1111 of the Homeland
Security Act of 2002, including hire of passenger motor vehicles,
[$91,126,000] $63,964,000; of which not to exceed $6,000 for official
reception and representation expenses; not to exceed $50,000 for
cooperative research and development programs for laboratory services;
and provision of laboratory assistance to State and local agencies with
or without reimbursement. (Department of the Treasury Appropriations
Act, 2006.)
Special and Trust Fund Receipts (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1008-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
01.00 Balance, start of year............
--------- --------- ----------
01.99 Balance, start of year............
Receipts:
02.20 User fees, Alcohol and Tobacco Tax
and Trade Bureau--legislative
proposal subject to PAYGO....... 29
Appropriations:
05.00 Salaries and expenses--legislative
proposal not subject to PAYGO... -29
--------- --------- ----------
07.99 Balance, end of year..............
---------------------------------------------------------------------------
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1008-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Protect the Public................ 43 46 19
00.02 Collect revenue................... 40 44 45
--------- --------- ----------
01.92 Total direct program............ 83 90 64
09.01 Reimbursable program.............. 1 2 2
--------- --------- ----------
10.00 Total new obligations........... 84 92 66
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 83 92 66
22.30 Expired unobligated balance
transfer to unexpired account... 1
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 84 92 66
23.95 Total new obligations............. -84 -92 -66
23.98 Unobligated balance expiring or
withdrawn....................... -1
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 83 91 64
40.33 Appropriation permanently
reduced (P.L. 109-148)........ -1
40.35 Appropriation permanently
reduced....................... -1
--------- --------- ----------
43.00 Appropriation (total
discretionary).............. 82 90 64
Discretionary:
68.00 Spending authority from
offsetting collections:
Offsetting collections (cash). 1 2 2
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 83 92 66
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 24 20 23
73.10 Total new obligations............. 84 92 66
73.20 Total outlays (gross)............. -87 -89 -70
73.40 Adjustments in expired accounts
(net)........................... -1
74.10 Change in uncollected customer
payments from Federal sources
(expired)....................... 1
--------- --------- ----------
74.40 Obligated balance, end of year.. 20 23 19
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 71 77 55
86.93 Outlays from discretionary
balances........................ 16 12 15
--------- --------- ----------
87.00 Total outlays (gross)........... 87 89 70
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash)
from:
88.00 Other Federal sources......... -1 -2
88.40 Non-Federal Sources........... -1 -2
--------- --------- ----------
88.90 Total, offsetting
collections (cash)........ -2 -2 -2
Against gross budget authority only:
88.96 Portion of offsetting
collections (cash) credited to
expired accounts.............. 1
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 82 90 64
90.00 Outlays........................... 84 87 68
---------------------------------------------------------------------------
The Alcohol and Tobacco Tax and Trade Bureau (TTB) enforces the
Federal laws and regulations relating to alcohol and tobacco by working
directly and in cooperation with oth
[[Page 936]]
ers to: (1) Provide the most effective and efficient system for the
collection of all revenue that is rightfully due, eliminate or prevent
tax evasion and other criminal conduct, and provide high quality service
while imposing the least regulatory burden; and (2) Prevent consumer
deception, ensure that regulated alcohol and tobacco products comply
with Federal commodity, safety, and distribution requirements, and
provide high quality customer service.
Summary of Budget Authority and Outlays
(in millions of dollars)
2005 actual 2006 est. 2007 est.
Enacted/requested:
Budget Authority............ 82 90 64
Outlays..................... 85 87 68
Legislative proposal, not subject to
PAYGO:
Budget Authority............ 29
Outlays..................... 21
------------------------------------
Total:
Budget Authority............ 82 90 93
Outlays..................... 85 87 89
====================================
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1008-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct obligations:
Personnel compensation:
11.1 Full-time permanent........... 36 40 28
11.5 Other personnel compensation.. 1
--------- --------- ----------
11.9 Total personnel compensation 37 40 28
12.1 Civilian personnel benefits..... 10 11 8
21.0 Travel and transportation of
persons....................... 3 3 3
23.1 Rental payments to GSA.......... 4 5 3
23.3 Communications, utilities, and
miscellaneous charges......... 2 5 3
25.1 Advisory and assistance services 6
25.2 Other services.................. 4 23 17
25.3 Other purchases of goods and
services from Government
accounts...................... 10
25.4 Operation and maintenance of
facilities.................... 1
25.7 Operation and maintenance of
equipment..................... 1
26.0 Supplies and materials.......... 1 1 1
31.0 Equipment....................... 4 2 1
--------- --------- ----------
99.0 Direct obligations............ 83 90 64
99.0 Reimbursable obligations.......... 1 2 2
--------- --------- ----------
99.9 Total new obligations........... 84 92 66
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-1008-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 510 544 376
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 13 15 15
---------------------------------------------------------------------------
Salaries and Expenses
(Legislative proposal, not subject to PAYGO)
In addition, $28,640,000 from the General Fund: Provided, That such
amount shall be reduced by such sums as may be deposited to the Alcohol
and Tobacco Regulatory Fund, so as to result in a final fiscal year 2007
appropriation from the General Fund under this paragraph estimated at
$0: Provided further, That amounts from the Alcohol and Tobacco
Regulatory Fund may be transferred to this account, to be merged with
and available for the same purposes as this account, to remain available
until expended.
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1008-2-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Protect the Public................ 29
--------- --------- ----------
01.92 Total direct program............ 29
--------- --------- ----------
10.00 Total new obligations........... 29
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 29
23.95 Total new obligations............. -29
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.20 Appropriation (special fund).... 29
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 29
73.20 Total outlays (gross)............. -21
--------- --------- ----------
74.40 Obligated balance, end of year.. 8
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 21
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 29
90.00 Outlays........................... 21
---------------------------------------------------------------------------
Legislation will be proposed to allow the Alcohol and Tobacco Tax
and Trade Bureau (TTB) to collect fees to recover costs of its
regulatory functions under its ``Protect the Public'' line-of-business.
The agency will be able to use the fees to the extent provided in
appropriations acts.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1008-2-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
11.1 Personnel compensation: Full-time
permanent....................... 13
12.1 Civilian personnel benefits....... 3
21.0 Travel and transportation of
persons......................... 1
23.1 Rental payments to GSA............ 2
23.3 Communications, utilities, and
miscellaneous charges........... 2
25.2 Other services.................... 7
26.0 Supplies and materials............ 1
--------- --------- ----------
99.9 Total new obligations........... 29
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-1008-2-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 168
Reimbursable:
2001 Civilian full-time equivalent
employment......................
---------------------------------------------------------------------------
Internal Revenue Collections for Puerto Rico
Special and Trust Fund Receipts (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5737-0-2-806 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
01.00 Balance, start of year............
--------- --------- ----------
01.99 Balance, start of year............
Receipts:
02.60 Deposits, Internal revenue
collections for Puerto Rico..... 421 372 362
02.61 Deposits, Internal revenue
collections for Puerto Rico--
legislative proposal subject to
PAYGO........................... 69 95
--------- --------- ----------
02.99 Total receipts and collections.. 421 441 457
--------- --------- ----------
04.00 Total: Balances and collections... 421 441 457
Appropriations:
05.00 Internal revenue collections for
Puerto Rico..................... -421 -372 -362
05.01 Internal revenue collections for
Puerto Rico--legislative
proposal subject to PAYGO....... -69 -95
--------- --------- ----------
05.99 Total appropriations............ -421 -441 -457
--------- --------- ----------
07.99 Balance, end of year..............
---------------------------------------------------------------------------
[[Page 937]]
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5737-0-2-806 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Internal revenue collections for
Puerto Rico..................... 421 372 362
--------- --------- ----------
10.00 Total new obligations (object
class 41.0)................... 421 372 362
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 421 372 362
23.95 Total new obligations............. -421 -372 -362
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.20 Appropriation (special fund).... 421 372 362
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 421 372 362
73.20 Total outlays (gross)............. -421 -372 -362
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 421 372 362
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 421 372 362
90.00 Outlays........................... 421 372 362
---------------------------------------------------------------------------
Summary of Budget Authority and Outlays
(in millions of dollars)
2005 actual 2006 est. 2007 est.
Enacted/requested:
Budget Authority............ 421 372 362
Outlays..................... 421 372 362
Legislative proposal, subject to
PAYGO:
Budget Authority............ 69 95
Outlays..................... 69 95
------------------------------------
Total:
Budget Authority............ 421 441 457
Outlays..................... 421 441 457
====================================
Excise taxes collected under the Internal Revenue laws of the United
States on articles produced in Puerto Rico and either transported to the
United States or consumed on the island are paid to Puerto Rico (26
U.S.C. 7652).
Internal Revenue Collections for Puerto Rico
(Legislative proposal, subject to PAYGO)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5737-4-2-806 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Internal revenue collections for
Puerto Rico..................... 69 95
--------- --------- ----------
10.00 Total new obligations (object
class 41.0)................... 69 95
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 69 95
23.95 Total new obligations............. -69 -95
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.20 Appropriation (special fund).... 69 95
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 69 95
73.20 Total outlays (gross)............. -69 -95
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 69 95
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 69 95
90.00 Outlays........................... 69 95
---------------------------------------------------------------------------
Excise taxes are imposed on rum at the generally applicable
distilled spirits rate of $13.50 per proof gallon imported from places
other than Puerto Rico and the Virgin Islands and on rum coming into the
United States from Puerto Rico or the Virgin Islands. These excise tax
collections less estimated refunds, drawbacks and certain administrative
expenses are transferred (covered over) to Puerto Rico and the Virgin
Islands under a permanent provision at the lesser of a rate of $10.50
per proof gallon or the current rate of tax imposed on a proof gallon.
The Budget proposes to extend a temporary cover-over rate of $13.25 a
proof gallon through December 31, 2007.
BUREAU OF ENGRAVING AND PRINTING
Federal Funds
Intragovernmental funds:
Bureau of Engraving and Printing Fund
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4502-0-4-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
09.01 Currency program.................. 442 440 500
09.02 Postage program................... 17
09.03 Other programs.................... 10 6 6
09.11 Purchase of operating equipment... 3 50 35
09.12 Plant alterations and experimental
equipment....................... 20 10 15
--------- --------- ----------
10.00 Total new obligations........... 492 506 556
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 95 119 119
22.00 New budget authority (gross)...... 516 506 556
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 611 625 675
23.95 Total new obligations............. -492 -506 -556
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 119 119 119
----------------------------------------------------------------------------
New budget authority (gross), detail:
Spending authority from offsetting
collections:
Discretionary:
68.00 Offsetting collections (cash). 517 506 556
68.10 Change in uncollected customer
payments from Federal
sources (unexpired)......... -1
--------- --------- ----------
68.90 Spending authority from
offsetting collections
(total discretionary)..... 516 506 556
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 74 63 63
73.10 Total new obligations............. 492 506 556
73.20 Total outlays (gross)............. -504 -506 -556
74.00 Change in uncollected customer
payments from Federal sources
(unexpired)..................... 1
--------- --------- ----------
74.40 Obligated balance, end of year.. 63 63 63
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 504 506 556
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash)
from:
88.00 Federal sources............... -1
88.40 Non-Federal sources........... -516 -506 -556
--------- --------- ----------
88.90 Total, offsetting
collections (cash)........ -517 -506 -556
Against gross budget authority only:
88.95 Change in uncollected customer
payments from Federal sources
(unexpired)................... 1
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays........................... -13
---------------------------------------------------------------------------
The Bureau of Engraving and Printing (BEP) designs, manufactures,
and supplies Federal Reserve notes and other security instruments for
various Federal agencies. Beginning in 2005, the BEP was given legal
authority to print currency for foreign countries upon approval of the
State Department.
[[Page 938]]
In 2007, BEP plans to introduce the new design of the $100 note as
part of its ambitious multi-year initiative to redesign and enhance the
security of United States currency. The redesign of the $100 note
follows the introduction of the redesigned $10 note in 2006.
The anticipated work volume is based on estimates of requirements
submitted by agencies served. The program comprises the following
activities:
Engraving and printing--
Currency.--Total deliveries of currency for 2006 and 2007 are
estimated to be 8.2 and 9.0 billion respectively. During 2005, the
Bureau delivered 8.5 billion Federal Reserve notes.
Stamps.--Per prior agreement, 2005 marked the final year of
stamp production at the Bureau. In 2005, the Bureau delivered 5.0
billion stamps.
Securities.--This program encompasses the production of a wide
variety of bonds, notes, and debentures for the Bureau of Public
Debt and certain other agencies of the Government.
Commissions, certificates, etc.--This program is comprised
primarily of Presidential and Department of Defense commissions and
certificates, White House invitations, and identification cards for
various Government agencies. It represents a small portion of the
Bureau's total workload and is reimbursed by the respective
agencies.
The operations of the Bureau are currently financed by means of a
revolving fund established in accordance with the provisions of Public
Law 656, August 4, 1950 (31 U.S.C. 181), which requires the Bureau to be
reimbursed by customer agencies for all costs of manufacturing products
and services performed. The Bureau is also authorized to assess amounts
to acquire capital equipment and provide for working capital needs.
Bureau operations during 2005 resulted in a decrease to retained
earnings of $19 million.
Balance Sheet (in millions of dollars)
-----------------------------------------------------------------------------------------------
Identification code 20-4502-0-4-803
2004 actual
2005 actual
-----------------------------------------------------------------------------------------------
ASSETS:
Non-Federal assets:
1206
Receivables, net
45
42
1207
Advances and prepayments
3
4
Other Federal assets:
1801
Cash and other monetary assets
169
183
1802
Inventories and related properties
103
75
1803
Property, plant and equipment, net
261
249
1901
Other assets--Machinery repair parts
17
17
1999
Total assets
598
570
LIABILITIES:
2101
Federal liabilities: Accounts payable
31
28
Non-Federal liabilities:
2201
Accounts payable
20
14
2206
Pension and other actuarial liabilities
68
68
2999
Total liabilities
119
110
NET POSITION:
3100
Appropriated capital
32
32
3300
Cumulative results of operations
447
428
3999
Total net position
479
460
4999
Total liabilities and net position
598
570
-----------------------------------------------------------------------------------------------
Note: Consistent with Government-wide practice, information for 2004
and 2005 was not required to be collected.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4502-0-4-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Personnel compensation:
11.1 Full-time permanent............. 168 167 170
11.3 Other than full-time permanent.. 2 1 1
11.5 Other personnel compensation.... 13 11 11
--------- --------- ----------
11.9 Total personnel compensation.. 183 179 182
12.1 Civilian personnel benefits....... 47 43 46
21.0 Travel and transportation of
persons......................... 3 2 2
23.1 Rental payments to GSA............ 3 3 3
23.3 Communications, utilities, and
miscellaneous charges........... 13 13 14
24.0 Printing and reproduction......... 4 1 1
25.2 Other services.................... 66 71 70
26.0 Supplies and materials............ 150 134 188
31.0 Equipment......................... 23 60 50
--------- --------- ----------
99.9 Total new obligations........... 492 506 556
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-4502-0-4-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 2,282 2,300 2,300
---------------------------------------------------------------------------
UNITED STATES MINT
Federal Funds
Public enterprise revolving funds:
United States Mint Public Enterprise Fund
Pursuant to section 5136 of title 31, United States Code, the United
States Mint is provided funding through the United States Mint Public
Enterprise Fund for costs associated with the production of circulating
coins, numismatic coins, and protective services, including both
operating expenses and capital investments. The aggregate amount of new
liabilities and obligations incurred during fiscal year [2006] 2007
under such section 5136 for circulating coinage and protective service
capital investments of the United States Mint shall not exceed
[$26,768,000] $30,200,000. (Department of the Treasury Appropriations
Act, 2006.)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4159-0-3-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
09.06 Total Operating................... 969 1,886 1,930
09.07 Circulating and Protection Capital 14 19 20
09.08 Numismatic Capital................ 6 14 12
--------- --------- ----------
10.00 Total new obligations........... 989 1,919 1,962
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 55 62 62
22.00 New budget authority (gross)...... 1,041 1,919 1,962
22.40 Capital transfer to general fund.. -45
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 1,051 1,981 2,024
23.95 Total new obligations............. -989 -1,919 -1,962
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 62 62 62
----------------------------------------------------------------------------
New budget authority (gross), detail:
Spending authority from offsetting
collections:
Discretionary:
68.00 Offsetting collections (cash). 1,037 1,919 1,962
68.10 Change in uncollected customer
payments from Federal
sources (unexpired)......... 4
--------- --------- ----------
68.90 Spending authority from
offsetting collections
(total discretionary)..... 1,041 1,919 1,962
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 267 217 217
73.10 Total new obligations............. 989 1,919 1,962
73.20 Total outlays (Gross)............. -1,035 -1,919 -1,962
74.00 Change in uncollected customer
payments from Federal sources
(unexpired)..................... -4
--------- --------- ----------
74.40 Obligated balance, end of year.. 217 217 217
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 56 1,919 1,962
86.93 Outlays from discretionary
balances........................ 979
--------- --------- ----------
87.00 Total outlays (gross)........... 1,035 1,919 1,962
----------------------------------------------------------------------------
[[Page 939]]
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash)
from:
88.00 Federal sources............... -6
88.40 Total Operating............... -1,016 -1,919 -1,962
88.45 Offsetting governmental
collections (from non-
Federal sources)............ -15
--------- --------- ----------
88.90 Total, offsetting
collections (cash)........ -1,037 -1,919 -1,962
Against gross budget authority only:
88.95 Change in uncollected customer
payments from Federal sources
(unexpired)................... -4
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays........................... -2
---------------------------------------------------------------------------
The United States Mint manufactures coins, sells numismatic and
investment products, and provides for security and asset protection.
Public Law 104-52, dated November 19, 1995, enacted 5136, of Subchapter
III of chapter 51 of subtitle IV of title 31, United States Code
established the United States Mint Public Enterprise Fund (the Fund).
The Mint submits annual audited business-type financial statements to
the Secretary of the Treasury and to Congress in support of the
operations of the revolving fund.
In 2007, the Mint will continue development of its Retail Sales
System. This system supports the Mint's core mission and the President's
E-Government initiative by providing an integrated mail order and
cataloging system that allows customers to order products directly from
the Mint in an easy and secure manner.
The operations of the Mint are divided into three major components:
Circulating Coinage; Numismatic and Investment Products; and Protection.
The Mint is credited with receipts from its circulating coinage
operations, equal to the full cost of producing and distributing coins
that are put into circulation, including depreciation of the Mint's
plant and equipment on the basis of current replacement value. From
that, the Mint pays its cost of operations, which includes the costs of
production and distribution. The difference between the face value of
the coins and these costs are profit, which is deposited as seigniorage
to the general fund. In 2005, the Mint transferred $775 million to the
general fund. Any seigniorage used to finance the Mint's capital
acquisitions is recorded as budget authority in the year that funds are
obligated for this purpose, and as receipts over the life of the asset.
Circulating Coinage.--This activity funds the manufacture of
circulating coins for sale to the Federal Reserve System as determined
by public demand. In 2007, this activity will manufacture 12.6 billion
coins for sale to the Federal Reserve System.
Numismatic and Investment Products.--This activity funds the
manufacture of numismatic and bullion coins, medals, and other products
for sale to collectors and the general public. These coins include
annual recurring programs such as proof and uncirculated sets, silver
proof coins, the American Eagle gold and silver bullion uncirculated and
proof coins, American Eagle platinum coins, and national and historic
medals. The activity also includes nonrecurring programs for coins and
medals which are legislated to commemorate specific events or
individuals. In 2007, this activity will fund any pending commemorative
coin program as legislated by Congress. In addition, the Fifty States
Commemorative Coin Program Act authorized, beginning in 1999, the
issuance of quarters for sale to the public and to the Federal Reserve
System honoring each of the 50 states with a design emblematic of that
state. These quarters are issued in the order of each state's admission
to the Union. The Mint is producing five different state quarter designs
each year resulting in a 10-year program. In 2007, the Mint will
manufacture 3.1 billion quarters for sale to the public and the Federal
Reserve System. All coins produced for this program are considered to be
numismatic products. This program is shown as a separate program
activity to present a clearer picture of its impact. (Public Law 105-
124).
Protection.--This activity funds protection of the Government's
stock of gold and silver bullion, coins, Mint employees and visitors,
plant facilities and equipment, and all other Mint property against
abuse, theft, damage, disorders, and all other unsafe or illegal
practices by utilizing police officers and modern protective devices.
Balance Sheet (in millions of dollars)
-----------------------------------------------------------------------------------------------
Identification code 20-4159-0-3-803
2004 actual
2005 actual
-----------------------------------------------------------------------------------------------
ASSETS:
Federal assets:
1101
Fund balances with Treasury
323
279
Investments in US securities:
1106
Receivables, net
11
15
1107
Advances and prepayments
7
6
Other Federal assets:
1802
Inventories and related properties
294
328
1803
Property, plant and equipment, net
296
273
1901
Other assets
5
1999
Total assets
936
901
LIABILITIES:
2101
Federal liabilities: Accounts payable
176
129
Non-Federal liabilities:
2201
Accounts payable
30
31
2207
Other
72
72
2999
Total liabilities
278
232
NET POSITION:
3300
Cumulative results of operations
658
669
3999
Total net position
658
669
4999
Total liabilities and net position
936
901
-----------------------------------------------------------------------------------------------
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4159-0-3-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Personnel compensation:
11.1 Full-time permanent............. 122 121 115
11.3 Other than full-time permanent.. 1
11.5 Other personnel compensation.... 11 6 5
--------- --------- ----------
11.9 Total personnel compensation.. 134 127 120
12.1 Civilian personnel benefits....... 34 39 37
21.0 Travel and transportation of
persons......................... 2 3 3
22.0 Transportation of things.......... 20 24 27
23.1 Rental payments to GSA............ 1
23.2 Rental payments to others......... 18 19 20
23.3 Communications, utilities, and
miscellanoues charges........... 13 14 15
24.0 Printing and reproduction......... 2 2 3
25.2 Other services.................... 67 102 111
26.0 Supplies and materials............ 679 1,556 1,594
31.0 Equipment......................... 14 24 19
32.0 Land and structures............... 5 9 13
--------- --------- ----------
99.0 Reimbursable obligations...... 989 1,919 1,962
--------- --------- ----------
99.9 Total new obligations........... 989 1,919 1,962
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-4159-0-3-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 2,015 2,003 1,902
---------------------------------------------------------------------------
BUREAU OF THE PUBLIC DEBT
Federal Funds
General and special funds:
Administering the Public Debt
For necessary expenses connected with any public-debt issues of the
United States, [$179,923,000] $180,789,000, of which not to ex
[[Page 940]]
ceed $2,500 shall be available for official reception and representation
expenses, and of which not to exceed $2,000,000 shall remain available
until [expended] September 30, 2009 for systems modernization: Provided,
That the sum appropriated herein from the general fund for fiscal year
[2006] 2007 shall be reduced by not more than $3,000,000 as definitive
security issue fees and Treasury Direct Investor Account Maintenance
fees are collected, so as to result in a final fiscal year [2006] 2007
appropriation from the general fund estimated at [$176,923,000]
$177,789,000. In addition, $70,000 to be derived from the Oil Spill
Liability Trust Fund to reimburse the Bureau for administrative and
personnel expenses for financial management of the Fund, as authorized
by section 1012 of Public Law 101-380. (Department of the Treasury
Appropriations Act, 2006.)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0560-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Wholesale Securities Services..... 14 12 12
00.02 Government Agency Investment
Services........................ 14 13 13
00.03 Retail Securities Services........ 142 147 148
00.04 Summary Debt Accounting........... 5 6 6
00.05 Reimbursements to Federal Reserve
Banks........................... 128 103 122
09.01 Wholesale Securities Services..... 1 1
09.02 Government Agency Investment
Services........................ 3 4 4
09.03 Retail Securities Services........ 7 15 15
--------- --------- ----------
10.00 Total new obligations........... 313 301 321
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 5 6
22.00 New budget authority (gross)...... 317 295 321
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 322 301 321
23.95 Total new obligations............. -313 -301 -321
23.98 Unobligated balance expiring or
withdrawn....................... -3
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 6
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 177 177 178
40.33 Appropriation permanently
reduced (P.L. 109-148)........ -2
40.35 Appropriation permanently
reduced....................... -1
--------- --------- ----------
43.00 Appropriation (total
discretionary).............. 176 175 178
Mandatory:
60.00 Appropriation................... 131 100 123
Spending authority from offsetting
collections:
Discretionary:
68.00 Offsetting collections (cash). 7 17 17
68.00 Offsetting collections (user
fees)....................... 3 3 3
--------- --------- ----------
68.90 Spending authority from
offsetting collections
(total discretionary)..... 10 20 20
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 317 295 321
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 98 69 62
73.10 Total new obligations............. 313 301 321
73.20 Total outlays (gross)............. -344 -308 -315
73.40 Adjustments in expired accounts
(net)........................... 2
--------- --------- ----------
74.40 Obligated balance, end of year.. 69 62 68
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 167 174 177
86.93 Outlays from discretionary
balances........................ 15 19 21
86.97 Outlays from new mandatory
authority....................... 90 75 92
86.98 Outlays from mandatory balances... 72 40 25
--------- --------- ----------
87.00 Total outlays (gross)........... 344 308 315
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash)
from:
88.00 Federal sources............... -7 -17 -17
88.40 Non-Federal sources........... -3 -3 -3
--------- --------- ----------
88.90 Total, offsetting
collections (cash)........ -10 -20 -20
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 307 275 301
90.00 Outlays........................... 334 288 295
---------------------------------------------------------------------------
The Bureau of Public Debt (BPD) borrows the money needed to operate
the Federal Government and accounts for the resulting public debt. In
2007, BPD will continue its effort to support the President's Management
Agenda goal of providing accurate and timely financial information on
the Federal Debt by moving from monthly public debt financial statements
in 2006, to daily statements in 2007.
This appropriation provides funds for the conduct of all public debt
operations, which is comprised of four main activities.
Wholesale Securities Services.--This program ensures that Treasury's
critical financing needs are met and that the integrity and efficiency
of primary and secondary markets for Treasury securities are maintained.
It encompasses all activities related to the regulation, auction, issue,
servicing and redemption of Treasury marketable securities that are
owned by institutional investors and their customers. The Federal
Reserve, acting as Treasury's fiscal agent, maintains the top tier of
accounts for financial institutions who, in turn, hold and service
accounts for their customers.
Government Agency Investment Services.--This program supports
Federal, State and local government agencies' investments in non-
marketable Treasury securities as well as borrowings from Treasury.
There are more than 200 federal trust and investment funds and, for 18
of the funds, Public Debt also acts for the Secretary in his role as
managing trustee. These include some of the more recognizable Federal
trust funds such as Social Security, Medicare, Unemployment, and
Highway.
Retail Securities Services.--This program manages marketable and
non-marketable securities held directly with Treasury by more than 50
million citizens. Besides the issuance and redemption of securities,
services include processing customer service requests of varying
complexity. These functions are performed directly by Public Debt, by
Federal Reserve Banks as fiscal agents of the United States, and by
qualified agents that issue and redeem savings bonds and notes.
Summary Debt Accounting.--This program involves the timely and
accurate accounting and reporting of the outstanding public debt and
related interest expense incurred to finance the Federal Government. The
program provides daily information on the balance and composition of the
public debt and Public Debt's summary level accounts represent the
control totals for dozens of subordinate securities systems.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0560-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct obligations:
Personnel compensation:
11.1 Full-time permanent........... 68 83 85
11.5 Other personnel compensation.. 5 4 5
--------- --------- ----------
11.9 Total personnel compensation 73 87 90
12.1 Civilian personnel benefits..... 19 22 23
13.0 Benefits for former personnel... 1
21.0 Travel and transportation of
persons....................... 1 1 1
23.1 Rental payments to GSA.......... 7 6 7
23.3 Communications, utilities, and
miscellaneous charges......... 15 17 17
24.0 Printing and reproduction....... 1 2 2
25.2 Other services.................. 24 24 25
25.3 Other purchases of goods and
services from Government
accounts...................... 147 112 128
25.7 Operation and maintenance of
equipment..................... 4 2 2
26.0 Supplies and materials.......... 3 3 3
31.0 Equipment....................... 6 5 3
--------- --------- ----------
99.0 Direct obligations............ 301 281 301
99.0 Reimbursable obligations.......... 10 20 20
99.5 Below reporting threshold......... 2
--------- --------- ----------
[[Page 941]]
99.9 Total new obligations........... 313 301 321
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-0560-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 1,206 1,390 1,390
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 14 64 64
---------------------------------------------------------------------------
Payment of Government Losses in Shipment
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-1710-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Government losses in shipment..... 6 2
--------- --------- ----------
10.00 Total new obligations (object
class 42.0)................... 6 2
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 1 1
22.00 New budget authority (gross)...... 4 2
22.10 Resources available from
recoveries of prior year
obligations..................... 3
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 7 3 1
23.95 Total new obligations............. -6 -2
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 1 1 1
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 4 2
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 6 2
73.20 Total outlays (gross)............. -3 -2
73.45 Recoveries of prior year
obligations..................... -3
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 3 2
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 4 2
90.00 Outlays........................... 3 2
---------------------------------------------------------------------------
This account was created as self-insurance to cover losses in
shipment of Government property such as coins, currency, securities,
certain losses incurred by the Postal Service, and losses in connection
with the redemption of savings bonds. Approximately 800 claims are paid
annually.
INTERNAL REVENUE SERVICE
The mission of the Internal Revenue Service (IRS) is to provide
America's taxpayers top quality service by helping them understand and
meet their tax responsibilities and by applying the tax law with
integrity and fairness to all. To fulfill IRS' mission and support the
goals of its strategic plan demands a 21st Century agency with the
capabilities to effectively and efficiently collect the taxes owed while
minimizing the burden to taxpayers.
The IRS strategic goals are: Improve Taxpayer Service--help people
understand their tax obligations and make it easier for them to
participate in the tax system; Enhance Enforcement of the Tax Law--
Ensure all taxpayers meet their tax obligations, so that when Americans
pay their taxes, they can be confident their neighbors and competitors
are also doing the same; and Modernize the IRS through its People,
Processes and Technology--Strategically manage resources, associated
business processes and technology systems to effectively and efficiently
meet service and enforcement strategic goals.
Tax Enforcement: The IRS continues its emphasis on tax enforcement,
increasing collections of delinquent tax debt from $34 billion in 2001
to $47 billion in 2005, an increase of 38-percent. The Budget maintains
the enforcement funding increase provided in 2006 to continue this
success. As in 2006, the Administration proposes to provide enforcement
increases as a Budget Enforcement Act program integrity cap adjustment
(see chapter 15, Budget Reform Proposals in the Analytical Perspectives
volume of the 2007 Budget). In total, tax enforcement funding is
proposed to increase by two percent over the 2006 enacted level.
The IRS will continue efforts to improve its enforcement efficiency
through streamlining and centralizing work processes, improving workload
selection techniques, increasing managerial involvement in casework, and
implementing initiatives to reduce cycle time by refining case selection
criteria. IRS will enhance coverage of high-risk compliance areas, as
well as address the tax gap associated with small business and self-
employed taxpayers. Enforcement efforts will focus on critical
reporting, filing and payment compliance programs, and will highlight
abusive tax avoidance transactions and high income individual
examinations involving pass-through entities (e.g. partnerships,
trusts). IRS will continue to improve its tax collection functions and
implement the private collection agent authority provided in 2004.
Taxpayer Service: Assisting the public to understand their tax
reporting and payment obligations is a cornerstone of taxpayer
compliance. In 2007, the IRS will continue focusing efforts on providing
taxpayer service through more efficient automated methods. This approach
is consistent with the recommendations of the 2005 PART analysis of this
program. Thanks to investments in technology, taxpayers can now access a
vast amount of information on the IRS website (www.irs.gov), including
frequently asked tax law questions and tax publications. For example, in
2005 22 million taxpayers checked on their refund status using IRS'
internet based ``Where's My Refund?'' tool. They also can use automated
features found at 1-800-829-1040. In addition, efforts to increase
electronic filing will continue, with new forms and schedules added to
the business electronic portfolio, leveraging partner organizations such
as state taxing authorities, and increasing use of volunteers to better
serve taxpayer needs.
Budget Structure: The 2007 Budget for the IRS is presented in the
traditional appropriations structure as requested by the appropriations
committees. However, IRS spending by program is not readily transparent
in this structure. For example, costs for IRS tax examinations and most
other programs reside in all three primary operating accounts. For
examination, costs like rent are in Processing, Assistance and
Management, salaries and benefits are in Tax Law Enforcement, and
telecommunications and technology costs are in Information Systems. The
Administration will work with Congress to develop a new appropriations
and budget activity structure that shows the full costs of each program
within a single budget activity.
Federal Funds
General and special fund:
Processing, Assistance, and Management
[(including rescission of funds)]
For necessary expenses of the Internal Revenue Service for pre-
filing taxpayer assistance and education, filing and account services,
shared services support, general management and administration; and
services as authorized by 5 U.S.C. 3109, at such rates as may be
determined by the Commissioner, [$4,136,578,000] $4,045,122,000, of
which up to $4,100,000 shall be for the Tax Coun
[[Page 942]]
seling for the Elderly Program, of which $8,000,000 shall be available
for low-income taxpayer clinic grants, [of which $1,500,000 shall be for
the Internal Revenue Service Oversight Board;] and of which not to
exceed $25,000 shall be for official reception and representation
expenses[: Provided, That of unobligated amounts available under this
heading from previous appropriations Acts, $20,000,000 shall be
rescinded]. (Department of the Treasury Appropriations Act, 2006.)
Special and Trust Fund Receipts (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0912-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
01.00 Balance, start of year............ 44 18 18
--------- --------- ----------
01.99 Balance, start of year............ 44 18 18
Receipts:
02.20 New installment agreements, IRS
miscellaneous retained fees..... 66 63 144
02.21 Restructured installment
agreements, IRS miscellaneous
retained fees................... 13 10 27
02.22 General user fees, IRS
miscellaneous retained fees..... 6 22 55
02.60 Enrolled agent fee increase, IRS
miscellaneous retained fees..... 8 5 9
--------- --------- ----------
02.99 Total receipts and collections.. 93 100 235
--------- --------- ----------
04.00 Total: Balances and collections... 137 118 253
Appropriations:
05.00 Processing, assistance and
management...................... -30 -145
05.01 Tax law enforcement............... -6 -2
05.02 Information systems............... -113 -70 -87
--------- --------- ----------
05.99 Total appropriations............ -119 -100 -234
--------- --------- ----------
07.99 Balance, end of year.............. 18 18 19
---------------------------------------------------------------------------
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0912-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Pre-filing taxpayer assistance and
education....................... 546 331 335
00.02 Filing and account services....... 1,674 1,708 1,759
00.03 Shared Service support............ 1,244 1,484 1,504
00.04 General management and
administration.................. 555 602 592
--------- --------- ----------
01.00 Subtotal, direct programs....... 4,019 4,125 4,190
09.01 Reimbursable program.............. 46 62 71
--------- --------- ----------
10.00 Total new obligations........... 4,065 4,187 4,261
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 11 12 12
22.00 New budget authority (gross)...... 4,095 4,167 4,261
22.30 Expired unobligated balance
transfer to unexpired account... 16 20
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 4,122 4,199 4,273
23.95 Total new obligations............. -4,065 -4,187 -4,261
23.98 Unobligated balance expiring or
withdrawn....................... -45
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 12 12 12
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 4,090 4,136 4,045
40.33 Appropriation permanently
reduced (P.L. 109-148)........ -41
40.35 Appropriation permanently
reduced....................... -33
40.36 Unobligated balance permanently
reduced....................... -20
41.00 Transferred to other accounts... -8
--------- --------- ----------
43.00 Appropriation (total
discretionary).............. 4,049 4,075 4,045
Mandatory:
60.20 Appropriation (special fund).... 30 145
Discretionary:
68.00 Spending authority from
offsetting collections:
Offsetting collections (cash). 46 62 71
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 4,095 4,167 4,261
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 431 479 505
73.10 Total new obligations............. 4,065 4,187 4,261
73.20 Total outlays (gross)............. -3,995 -4,161 -4,264
73.40 Adjustments in expired accounts
(net)........................... -22
--------- --------- ----------
74.40 Obligated balance, end of year.. 479 505 502
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 3,716 3,687 3,669
86.93 Outlays from discretionary
balances........................ 279 444 450
86.97 Outlays from new mandatory
authority....................... 30 145
--------- --------- ----------
87.00 Total outlays (gross)........... 3,995 4,161 4,264
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash)
from:
88.00 Federal sources............... -24 -38 -44
88.40 Non-Federal sources........... -22 -24 -27
--------- --------- ----------
88.90 Total, offsetting
collections (cash)........ -46 -62 -71
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 4,049 4,105 4,190
90.00 Outlays........................... 3,949 4,099 4,193
---------------------------------------------------------------------------
This appropriation provides for all functions related to processing
of tax returns. This includes providing services to the taxpayer before
a return is filed, electronic filing, accounting for tax revenues,
issuing refunds and tax notices, with concentrated efforts to ensure
accurate and timely processing of tax returns, related documents and
payments. In addition, this appropriation provides direct support
resources for management to provide leadership and direction to IRS
personnel and administrative services including facilities and
procurement services.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0912-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct obligations:
Personnel compensation:
11.1 Full-time permanent........... 1,557 1,597 1,567
11.3 Other than full-time permanent 319 330 438
11.5 Other personnel compensation.. 88 86 88
--------- --------- ----------
11.9 Total personnel compensation 1,964 2,013 2,093
12.1 Civilian personnel benefits..... 582 610 594
13.0 Benefits for former personnel... 46 36 40
21.0 Travel and transportation of
persons....................... 48 49 49
22.0 Transportation of things........ 24 22 22
23.1 Rental payments to GSA.......... 620 681 694
23.3 Communications, utilities, and
miscellaneous charges......... 163 158 157
24.0 Printing and reproduction....... 67 64 64
25.1 Advisory and assistance services 53 34 24
25.2 Other services.................. 79 144 148
25.3 Other purchases of goods and
services from Government
accounts...................... 109 56 56
25.4 Operation and maintenance of
facilities.................... 129 185 186
25.6 Medical care.................... 11 10 10
25.8 Subsistence and support of
persons....................... 1 1
26.0 Supplies and materials.......... 16 25 25
31.0 Equipment....................... 64 24 14
32.0 Land and structures............. 30
41.0 Grants, subsidies, and
contributions................. 12 12 12
42.0 Insurance claims and indemnities 1 1 1
--------- --------- ----------
99.0 Direct obligations............ 4,018 4,125 4,190
99.0 Reimbursable obligations.......... 46 62 71
99.5 Below reporting threshold......... 1
--------- --------- ----------
99.9 Total new obligations........... 4,065 4,187 4,261
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-0912-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 38,710 38,308 35,949
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 569 934 1,040
---------------------------------------------------------------------------
[[Page 943]]
Tax Law Enforcement
(including transfer of funds)
For necessary expenses of the Internal Revenue Service for
determining and establishing tax liabilities; providing litigation
support; conducting criminal investigation and enforcement activities;
securing unfiled tax returns; collecting unpaid accounts; conducting a
document matching program; resolving taxpayer problems through prompt
identification, referral and settlement; expanded customer service and
public outreach programs, strengthened enforcement activities, and
enhanced research efforts to reduce erroneous filings associated with
the earned income tax credit; compiling statistics of income and
conducting compliance research; purchase (for police-type use, not to
exceed 850) and hire of passenger motor vehicles (31 U.S.C. 1343(b));
and services as authorized by 5 U.S.C. 3109, at such rates as may be
determined by the Commissioner, [$4,725,756,000] $4,762,327,000, of
which not to exceed $1,000,000 shall remain available until September
30, [2008] 2009, for research; and of which $55,584,000 shall be for the
Interagency Crime and Drug Enforcement program[: Provided, That up to
$10,000,000 may be transferred as necessary from this account to the IRS
Processing, Assistance, and Management appropriation or the IRS
Information Systems appropriation solely for the purposes of management
of the Interagency Crime and Drug Enforcement Program: Provided further,
That up to $10,000,000 may be transferred as necessary from this account
to the IRS Processing, Assistance, and Management appropriation or the
IRS Information Systems appropriation solely for the purposes of
management of the Earned Income Tax Credit compliance program and to
reimburse the Social Security Administration for the cost of
implementing section 1090 of the Taxpayer Relief Act of 1997 (Public Law
105-33): Provided further, That this transfer authority shall be in
addition to any other transfer authority provided in this Act].
(Department of the Treasury Appropriations Act, 2006.)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0913-0-1-999 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Compliance services............... 4,119 4,415 4,503
00.02 Research and statistics of income. 92 97 98
00.03 Earned income tax credit
compliance...................... 164 167 168
--------- --------- ----------
01.00 Subtotal, Direct program........ 4,375 4,679 4,769
09.01 Reimbursable program.............. 105 87 100
--------- --------- ----------
10.00 Total new obligations........... 4,481 4,766 4,869
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 2 1 1
22.00 New budget authority (gross)...... 4,475 4,766 4,868
22.30 Expired unobligated balance
transfer to unexpired account... 12
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 4,489 4,767 4,869
23.95 Total new obligations............. -4,481 -4,766 -4,869
23.98 Unobligated balance expiring or
withdrawn....................... -7
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 1 1
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 4,399 4,726 4,762
40.33 Appropriation permanently
reduced (P.L. 109-148)........ -47
40.35 Appropriation permanently
reduced....................... -35
41.00 Transferred to other accounts... -1
42.00 Transferred from other accounts. 1
--------- --------- ----------
43.00 Appropriation (total
discretionary).............. 4,364 4,679 4,762
Mandatory:
60.20 Appropriation (special fund).... 6 2
62.00 Transferred from other accounts. 4
--------- --------- ----------
62.50 Appropriation (total
mandatory).................. 6 6
Spending authority from offsetting
collections:
Discretionary:
68.00 Offsetting collections (cash). 89 87 100
68.10 Change in uncollected customer
payments from Federal
sources (unexpired)......... 16
--------- --------- ----------
68.90 Spending authority from
offsetting collections
(total discretionary)..... 105 87 100
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 4,475 4,766 4,868
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 247 304 322
73.10 Total new obligations............. 4,481 4,766 4,869
73.20 Total outlays (gross)............. -4,422 -4,748 -4,860
73.40 Adjustments in expired accounts
(net)........................... -5
74.00 Change in uncollected customer
payments from Federal sources
(unexpired)..................... -16
74.10 Change in uncollected customer
payments from Federal sources
(expired)....................... 19
--------- --------- ----------
74.40 Obligated balance, end of year.. 304 322 331
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 4,176 4,480 4,570
86.93 Outlays from discretionary
balances........................ 240 268 286
86.97 Outlays from new mandatory
authority....................... 6 4
--------- --------- ----------
87.00 Total outlays (gross)........... 4,422 4,748 4,860
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash)
from:
88.00 Federal sources............... -107 -87 -100
88.40 Non-Federal sources........... -1
--------- --------- ----------
88.90 Total, offsetting
collections (cash)........ -108 -87 -100
Against gross budget authority only:
88.95 Change in uncollected customer
payments from Federal sources
(unexpired)................... -16
88.96 Portion of offsetting
collections (cash) credited to
expired accounts.............. 19
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 4,370 4,679 4,768
90.00 Outlays........................... 4,314 4,661 4,760
---------------------------------------------------------------------------
This appropriation funds activities related to the equitable
application and enforcement of the tax laws. Compliance Services funds
services to taxpayers, after returns are filed, to identify and correct
possible errors. This includes underpayment or overpayment, document
matching, examinations of returns, field examinations, and enforcement
of criminal statutes related to other financial, interagency crime and
drug enforcement programs. In addition, this appropriation funds
Research and Statistics of Income, which includes tax data and market-
based research to identify compliance issues, and the Earned Income Tax
Credit program, which continues to provide EITC-eligible taxpayer
services, outreach, support and research to reduce erroneous filings.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0913-0-1-999 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct obligations:
Personnel compensation:
11.1 Full-time permanent........... 2,959 3,178 3,212
11.3 Other than full-time permanent 96 100 103
11.5 Other personnel compensation.. 119 140 141
11.8 Special personal services
payments.................... 16 17 17
--------- --------- ----------
11.9 Total personnel compensation 3,190 3,435 3,473
12.1 Civilian personnel benefits..... 818 868 886
13.0 Benefits for former personnel... 36 5 27
21.0 Travel and transportation of
persons....................... 113 144 147
22.0 Transportation of things........ 3 4 4
23.3 Communications, utilities, and
miscellaneous charges......... 48 46 46
24.0 Printing and reproduction....... 3 2 2
25.1 Advisory and assistance services 24 22 24
25.2 Other services.................. 61 90 97
25.3 Other purchases of goods and
services from Government
accounts...................... 39 15 15
25.4 Operation and maintenance of
facilities.................... 1
25.5 Research and development
contracts..................... 6 5 5
25.7 Operation and maintenance of
equipment..................... 2 7 7
25.8 Subsistence and support of
persons....................... 2 3 3
26.0 Supplies and materials.......... 17 21 21
31.0 Equipment....................... 8 7 7
42.0 Insurance claims and indemnities 1 1 1
91.0 Unvouchered..................... 3 4 4
--------- --------- ----------
99.0 Direct obligations............ 4,375 4,679 4,769
[[Page 944]]
99.0 Reimbursable obligations.......... 105 87 100
99.5 Below reporting threshold......... 1
--------- --------- ----------
99.9 Total new obligations........... 4,481 4,766 4,869
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-0913-0-1-999 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 48,544 49,721 49,675
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 443 376 418
---------------------------------------------------------------------------
Health Insurance Tax Credit Administration
[(including rescission of funds)]
For expenses necessary to implement the health insurance tax credit
included in the Trade Act of 2002 (Public Law 107-210), [$20,210,000:
Provided, That of unobligated amounts available under this heading from
previous appropriations acts, $9,000,000 shall be rescinded]
$14,846,000. (Department of the Treasury Appropriations Act, 2006.)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0928-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Health Coverage Tax Credit........ 19 21 15
--------- --------- ----------
10.00 Total new obligations........... 19 21 15
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 5 1
22.00 New budget authority (gross)...... 35 11 15
22.30 Expired unobligated balance
transfer to unexpired account... 9
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 40 21 15
23.95 Total new obligations............. -19 -21 -15
23.98 Unobligated balance expiring or
withdrawn....................... -20
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 1
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 35 20 15
40.36 Unobligated balance permanently
reduced....................... -9
--------- --------- ----------
43.00 Appropriation (total
discretionary).............. 35 11 15
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 21 17 13
73.10 Total new obligations............. 19 21 15
73.20 Total outlays (gross)............. -23 -25 -14
--------- --------- ----------
74.40 Obligated balance, end of year.. 17 13 14
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 2 8 11
86.93 Outlays from discretionary
balances........................ 21 17 3
--------- --------- ----------
87.00 Total outlays (gross)........... 23 25 14
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 35 11 15
90.00 Outlays........................... 23 25 14
---------------------------------------------------------------------------
This appropriation provides operating funding to administer the
advance payment feature of the Trade Adjustment Assistance health
insurance tax credit program to assist dislocated workers with their
health insurance premiums. The tax credit program was enacted by the
Trade Act of 2002 (P.L. 107-210) and became effective in August of 2003.
The 2007 request reflects savings from further efficiencies in
administering this credit.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0928-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct obligations:
11.1 Personnel compensation: Full-
time permanent................ 1 2 2
25.2 Other services.................. 17 18 12
--------- --------- ----------
99.0 Direct obligations............ 18 20 14
99.5 Below reporting threshold......... 1 1 1
--------- --------- ----------
99.9 Total new obligations........... 19 21 15
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-0928-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 13 17 17
---------------------------------------------------------------------------
Information Systems
For necessary expenses of the Internal Revenue Service for
information systems and telecommunications support, including
developmental information systems and operational information systems;
the hire of passenger motor vehicles (31 U.S.C. 1343(b)); and services
as authorized by 5 U.S.C. 3109, at such rates as may be determined by
the Commissioner, [$1,598,967,000] $1,602,232,000, of which $75,000,000
shall remain available until September 30, [2007] 2008. (Department of
the Treasury Appropriations Act, 2006.)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0919-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Information systems improvement
programs........................ 42 49 49
00.02 Information services.............. 1,627 1,604 1,640
--------- --------- ----------
01.00 Subtotal, direct programs....... 1,669 1,653 1,689
09.01 Reimbursable program.............. 5 10 11
--------- --------- ----------
10.00 Total new obligations........... 1,674 1,663 1,700
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 9 39 39
22.00 New budget authority (gross)...... 1,704 1,663 1,700
22.10 Resources available from
recoveries of prior year
obligations..................... 1
22.30 Expired unobligated balance
transfer to unexpired account... 3
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 1,717 1,702 1,739
23.95 Total new obligations............. -1,674 -1,663 -1,700
23.98 Unobligated balance expiring or
withdrawn....................... -4
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 39 39 39
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 1,590 1,599 1,602
40.33 Appropriation permanently
reduced (P.L. 109-148)........ -16
40.35 Appropriation permanently
reduced....................... -13
42.00 Transferred from other accounts. 8
--------- --------- ----------
43.00 Appropriation (total
discretionary).............. 1,585 1,583 1,602
Mandatory:
60.20 Appropriation (special fund).... 113 70 87
Spending authority from offsetting
collections:
Discretionary:
68.00 Offsetting collections (cash). 5 10 11
68.10 Change in uncollected customer
payments from Federal
sources (unexpired)......... 1
--------- --------- ----------
68.90 Spending authority from
offsetting collections
(total discretionary)..... 6 10 11
--------- --------- ----------
[[Page 945]]
70.00 Total new budget authority
(gross)....................... 1,704 1,663 1,700
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 358 532 523
73.10 Total new obligations............. 1,674 1,663 1,700
73.20 Total outlays (gross)............. -1,492 -1,672 -1,693
73.40 Adjustments in expired accounts
(net)........................... -6
73.45 Recoveries of prior year
obligations..................... -1
74.00 Change in uncollected customer
payments from Federal sources
(unexpired)..................... -1
--------- --------- ----------
74.40 Obligated balance, end of year.. 532 523 530
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 1,082 1,275 1,291
86.93 Outlays from discretionary
balances........................ 297 318 318
86.97 Outlays from new mandatory
authority....................... 113 56 70
86.98 Outlays from mandatory balances... 23 14
--------- --------- ----------
87.00 Total outlays (gross)........... 1,492 1,672 1,693
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash)
from:
88.00 Federal sources............... -4 -8 -9
88.40 Non-Federal sources........... -1 -2 -2
--------- --------- ----------
88.90 Total, offsetting
collections (cash)........ -5 -10 -11
Against gross budget authority only:
88.95 Change in uncollected customer
payments from Federal sources
(unexpired)................... -1
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 1,698 1,653 1,689
90.00 Outlays........................... 1,486 1,662 1,682
---------------------------------------------------------------------------
This appropriation provides for Servicewide Information Systems (IS)
operations, maintenance, and investments to enhance or develop
applications for IRS' business programs in support of tax
administration. This appropriation includes information technology (IT)
staffing, telecommunications, hardware and software, and IT contractual
services. In addition, this appropriation covers the modification and
enhancement of existing systems or processes, providing changes in
systemic functionality, and establishing bridges between current
production systems and the new modernization architecture being
developed.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0919-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct obligations:
Personnel compensation:
11.1 Full-time permanent........... 537 575 574
11.3 Other than full-time permanent 5 4 4
11.5 Other personnel compensation.. 18 21 21
--------- --------- ----------
11.9 Total personnel compensation 560 600 599
12.1 Civilian personnel benefits..... 127 139 139
13.0 Benefits for former personnel... 7 6 6
21.0 Travel and transportation of
persons....................... 15 17 17
23.3 Communications, utilities, and
miscellaneous charges......... 161 164 172
24.0 Printing and reproduction....... 1 1
25.1 Advisory and assistance services 110 86 85
25.2 Other services.................. 288 270 270
25.3 Other purchases of goods and
services from Government
accounts...................... 18 13 13
25.4 Operation and maintenance of
facilities.................... 4 4
25.5 Research and development
contracts..................... 2 2
25.7 Operation and maintenance of
equipment..................... 73 88 88
26.0 Supplies and materials.......... 15 18 18
31.0 Equipment....................... 294 245 274
--------- --------- ----------
99.0 Direct obligations............ 1,668 1,653 1,688
99.0 Reimbursable obligations.......... 5 9 11
99.5 Below reporting threshold......... 1 1 1
--------- --------- ----------
99.9 Total new obligations........... 1,674 1,663 1,700
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-0919-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Direct:
1001 Civilian full-time equivalent
employment...................... 7,015 7,340 7,351
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 5 40 45
---------------------------------------------------------------------------
Business Systems Modernization
For necessary expenses of the Internal Revenue Service,
[$199,000,000] $167,310,000, to remain available until September 30,
[2008] 2009, for the capital asset acquisition of information technology
systems, including management and related contractual costs of said
acquisitions, including contractual costs associated with operations
authorized by 5 U.S.C. 3109: Provided, That none of these funds may be
obligated until the Internal Revenue Service submits to the Committees
on Appropriations[, and such Committees approve,] a plan for expenditure
that: (1) meets the capital planning and investment control review
requirements established by the Office of Management and Budget,
including Circular A-11; (2) complies with the Internal Revenue
Service's enterprise architecture, including the modernization
blueprint; (3) conforms with the Internal Revenue Service's enterprise
life cycle methodology; (4) is approved by the Internal Revenue Service,
the Department of the Treasury, and the Office of Management and Budget;
(5) has been reviewed by the Government Accountability Office; and (6)
complies with the acquisition rules, requirements, guidelines, and
systems acquisition management practices of the Federal Government.
(Department of the Treasury Appropriations Act, 2006.)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0921-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Business Systems Modernization.... 317 232 185
--------- --------- ----------
10.00 Total new obligations........... 317 232 185
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 230 115 80
22.00 New budget authority (gross)...... 203 197 167
22.10 Resources available from
recoveries of prior year
obligations..................... 2
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 435 312 247
23.95 Total new obligations............. -317 -232 -185
23.98 Unobligated balance expiring or
withdrawn....................... -3
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 115 80 62
----------------------------------------------------------------------------
New budget authority (gross), detail:
Discretionary:
40.00 Appropriation................... 205 199 167
40.33 Appropriation permanently
reduced (P.L. 109-148)........ -2
40.35 Appropriation permanently
reduced....................... -2
--------- --------- ----------
43.00 Appropriation (total
discretionary).............. 203 197 167
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 103 172 219
73.10 Total new obligations............. 317 232 185
73.20 Total outlays (gross)............. -246 -185 -179
73.45 Recoveries of prior year
obligations..................... -2
--------- --------- ----------
74.40 Obligated balance, end of year.. 172 219 225
----------------------------------------------------------------------------
Outlays (gross), detail:
86.90 Outlays from new discretionary
authority....................... 78 59 50
86.93 Outlays from discretionary
balances........................ 168 126 129
--------- --------- ----------
87.00 Total outlays (gross)........... 246 185 179
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 203 197 167
90.00 Outlays........................... 246 185 179
---------------------------------------------------------------------------
This appropriation provides for revamping business practices and
acquiring new technology. In 2007, IRS' business
[[Page 946]]
systems modernization efforts will continue to focus on the three key
tax administration systems that provide additional benefits to taxpayers
and IRS employees: the Customer Account Data Engine (CADE) project;
Modernized e-File; and Filing and Payment Compliance. Expansion of CADE
will allow IRS to process 33 million returns on modernized systems.
Modernized e-File will provide electronic filing for additional
taxpayers in the business community, adding capabilities for joint
filing of federal and state returns electronically, reducing taxpayer
burden and simplifying tax filing for this important sector. Filing and
Payment Compliance will complete the full deployment of inventory
management capabilities, increasing production capacity to treat and
resolve delinquent taxpayer case backlogs.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0921-0-1-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
25.2 Other services.................... 277 202 158
25.7 Operation and maintenance of
equipment....................... 13 7 7
31.0 Equipment......................... 27 23 20
--------- --------- ----------
99.9 Total new obligations........... 317 232 185
---------------------------------------------------------------------------
Payment Where Earned Income Credit Exceeds Liability for Tax
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0906-0-1-609 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Direct program activity........... 34,559 35,098 35,645
--------- --------- ----------
10.00 Total new obligations (object
class 41.0)................... 34,559 35,098 35,645
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 34,559 35,098 35,645
23.95 Total new obligations............. -34,559 -35,098 -35,645
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 34,559 35,098 35,645
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 34,559 35,098 35,645
73.20 Total outlays (gross)............. -34,559 -35,098 -35,645
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 34,559 35,098 35,645
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 34,559 35,098 35,645
90.00 Outlays........................... 34,559 35,098 35,645
---------------------------------------------------------------------------
Summary of Budget Authority and Outlays
(in millions of dollars)
2005 actual 2006 est. 2007 est.
Enacted/requested:
Budget Authority............ 34,559 35,098 35,645
Outlays..................... 34,559 35,098 35,645
Legislative proposal, subject to
PAYGO:
Budget Authority............ -188
Outlays..................... -188
------------------------------------
Total:
Budget Authority............ 34,559 35,098 35,457
Outlays..................... 34,559 35,098 35,457
====================================
As provided by law, there will be instances wherein the earned
income tax credit will exceed the amount of tax liability owed through
the individual income tax system, resulting in an additional payment to
the tax filer. The Earned Income Credit was originally authorized by the
Tax Reduction Act of 1975 (Public Law 94-12) and made permanent by the
Revenue Adjustment Act of 1978 (Public Law 95-600). The Tax Reform Act
of 1986 and the Omnibus Budget Reconciliation Acts of 1990 and 1993 have
increased the credit amount and expanded the eligibility for earned
income credit.
The Budget proposes to permanently extend the EITC provisions in the
Economic Growth and Tax Relief Reconciliation Act of 2001, which sunset
on December 31, 2010. These provisions reduce EITC-related marriage
penalties, simplify certain eligibility criteria for the credit, and
allow the IRS to use more cost-efficient procedures to deny questionable
EITC claims. The Budget also proposes to clarify the definition of
qualifying child for child-related tax benefits, including the EITC and
the child tax credit. In addition, the Budget proposes to simplify
requirements regarding filing status, presence of children, and
immigration status for EITC eligibility. Finally, the Budget proposes to
extend through 2007 a provision, which would otherwise expire on
December 31, 2006, allowing military personnel to elect to include
combat pay in earned income for purposes of computing the EITC.
Payment Where Earned Income Credit Exceeds Liability for Tax
(Legislative proposal, subject to PAYGO)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0906-4-1-609 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Direct program activity........... -188
--------- --------- ----------
10.00 Total new obligations (object
class 41.0)................... -188
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... -188
23.95 Total new obligations............. 188
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... -188
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. -188
73.20 Total outlays (gross)............. 188
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... -188
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. -188
90.00 Outlays........................... -188
---------------------------------------------------------------------------
Payment Where Child Credit Exceeds Liability for Tax
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0922-0-1-609 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Direct program activity........... 14,624 14,113 13,538
--------- --------- ----------
10.00 Total new obligations (object
class 41.0)................... 14,624 14,113 13,538
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 14,624 14,113 13,538
23.95 Total new obligations............. -14,624 -14,113 -13,538
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 14,624 14,113 13,538
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 14,624 14,113 13,538
73.20 Total outlays (gross)............. -14,624 -14,113 -13,538
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 14,624 14,113 13,538
----------------------------------------------------------------------------
[[Page 947]]
Net budget authority and outlays:
89.00 Budget authority.................. 14,624 14,113 13,538
90.00 Outlays........................... 14,624 14,113 13,538
---------------------------------------------------------------------------
As provided by law, there will be instances wherein the child credit
will exceed the amount of tax liability owed through the individual
income tax system, resulting in an additional payment to the tax filer.
The child credit was originally authorized by the Taxpayer Relief Act of
1997 (Public Law 105-34).
The Budget proposes to accelerate and permanently extend the child
tax credit provisions in the Economic Growth and Tax Relief
Reconciliation Act of 2001, which sunset on December 31, 2010. The
Budget also proposes to clarify the definition of qualifying child for
child-related tax benefits, including the EITC and the child tax credit.
In addition, the Budget proposes to simplify eligibility and computation
of the additional child tax credit.
Payment Where Health Care Credit Exceeds Liability for Tax
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0923-0-1-551 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Direct program activity........... 90 94 109
--------- --------- ----------
10.00 Total new obligations (object
class 41.0)................... 90 94 109
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 90 94 109
23.95 Total new obligations............. -90 -94 -109
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 90 94 109
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 90 94 109
73.20 Total outlays (gross)............. -90 -94 -109
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 90 94 109
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 90 94 109
90.00 Outlays........................... 90 94 109
---------------------------------------------------------------------------
Summary of Budget Authority and Outlays
(in millions of dollars)
2005 actual 2006 est. 2007 est.
Enacted/requested:
Budget Authority............ 90 94 109
Outlays..................... 90 94 109
Legislative proposal, subject to
PAYGO:
Budget Authority............ 720
Outlays..................... 720
------------------------------------
Total:
Budget Authority............ 90 94 829
Outlays..................... 90 94 829
====================================
The Trade Act of 2002 established the Health Coverage Tax Credit
(HCTC), an advanceable, refundable tax credit for 65 percent of the cost
of qualified insurance. This credit is available to certain recipients
of trade adjustment assistance (TAA) and Pension Benefit Guaranty
Corporation pension beneficiaries who are aged 55-64.
This schedule reflects the effects of HCTC and other Administration
health-related tax proposals in cases where the credit exceeds the tax
liability resulting in payment to the tax filer.
Payment Where Health Care Credit Exceeds Liability for Tax
(Legislative proposal, subject to PAYGO)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0923-4-1-551 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Provide refundable credit for the
purchase of high-deductible
health insurance................ 381
00.02 Payroll tax credit for high
deductible insurance premiums... 244
00.03 Payroll tax credit for HSA
contributions................... 91
00.04 Permit certain spouses of HCTC
eligible individuals to claim
credit.......................... 3
00.05 Change reference to ``3 months''
in the HCTC state-based coverage
rules to ``12 months''.......... 1
--------- --------- ----------
10.00 Total new obligations (object
class 41.0)................... 720
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 720
23.95 Total new obligations............. -720
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 720
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 720
73.20 Total outlays (gross)............. -720
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 720
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 720
90.00 Outlays........................... 720
---------------------------------------------------------------------------
-------
Refunding Internal Revenue Collections, Interest
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0904-0-1-908 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Direct program activity........... 6,112 3,662 3,877
--------- --------- ----------
10.00 Total new obligations (object
class 43.0)................... 6,112 3,662 3,877
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 6,112 3,662 3,877
23.95 Total new obligations............. -6,112 -3,662 -3,877
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 6,112 3,662 3,877
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 6,112 3,662 3,877
73.20 Total outlays (gross)............. -6,112 -3,662 -3,877
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 6,112 3,662 3,877
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 6,112 3,662 3,877
90.00 Outlays........................... 6,112 3,662 3,877
---------------------------------------------------------------------------
Under certain circumstances, as provided in 26 U.S.C. 6611, interest
is paid on Internal Revenue collections that must be refunded. The Tax
Equity and Fiscal Responsibility Act of 1982 (Public Law 97-248)
provides for daily compounding of interest. Under the Tax Reform Act of
1986 (Public Law 99-514), interest paid on Internal Revenue collections
will equal the Federal short-term rate plus two percentage points, such
rate to be adjusted quarterly.
[[Page 948]]
Gifts to the United States for Reduction of the Public Debt
Special and Trust Fund Receipts (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5080-0-2-808 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
01.00 Balance, start of year............
--------- --------- ----------
01.99 Balance, start of year............
Receipts:
02.60 Gifts to the United States for
reduction of the public debt.... 1 1 1
Appropriations:
05.00 Gifts to the United States for
reduction of the public debt.... -1 -1 -1
--------- --------- ----------
07.99 Balance, end of year..............
---------------------------------------------------------------------------
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5080-0-2-808 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.20 Appropriation (special fund).... 1 1 1
60.47 Portion applied to repay debt... -1 -1 -1
--------- --------- ----------
62.50 Appropriation (total
mandatory)..................
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays...........................
---------------------------------------------------------------------------
31 U.S.C. 3113 authorizes the Secretary of the Treasury to accept
conditional gifts to the United States for the purpose of reducing the
public debt.
Private Collection Agent Program
Special and Trust Fund Receipts (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5510-0-2-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
01.00 Balance, start of year............
--------- --------- ----------
01.99 Balance, start of year............
Receipts:
02.60 Private collection agent program.. 3 54
Appropriations:
05.00 Private collection agent program.. -3 -54
--------- --------- ----------
07.99 Balance, end of year..............
---------------------------------------------------------------------------
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5510-0-2-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Collection Enforcement Activities. 1 27
00.02 Payments to Private Collection
Agencies........................ 2 27
--------- --------- ----------
10.00 Total new obligations (object
class 25.2)................... 3 54
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 3 54
23.95 Total new obligations............. -3 -54
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.20 Appropriation (special fund).... 3 54
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 3 54
73.20 Total outlays (gross)............. -3 -54
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 3 54
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 3 54
90.00 Outlays........................... 3 54
---------------------------------------------------------------------------
The American Jobs Creation Act of 2004 (Public Law 108-357) allows
IRS to use private collection contractors to supplement its own
collection staff's efforts to ensure that all taxpayers pay what they
owe. The legislation ensures contractors respect taxpayer rights. The
statute further authorizes the Secretary of the Treasury to retain and
use an amount not in excess of 25 percent of the amount collected under
any qualified tax collection contract for payments to private collection
agents, and an amount not in excess of 25 percent of the amount
collected for collection enforcement activities of the IRS. The schedule
above shows this spending. Treasury estimates these contractors will
collect $2.7 billion in delinquent taxes over the next ten years.
Informant Payments
Special and Trust Fund Receipts (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5433-0-2-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
01.00 Balance, start of year............
--------- --------- ----------
01.99 Balance, start of year............
Receipts:
02.40 Underpayment and fraud collection. 7 4 4
Appropriations:
05.00 Informant payments................ -7 -4 -4
--------- --------- ----------
07.99 Balance, end of year..............
---------------------------------------------------------------------------
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-5433-0-2-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Informant Payments................ 7 4 4
--------- --------- ----------
10.00 Total new obligations (object
class 91.0)................... 7 4 4
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 7 4 4
23.95 Total new obligations............. -7 -4 -4
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.20 Appropriation (special fund).... 7 4 4
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 7 4 4
73.20 Total outlays (gross)............. -7 -4 -4
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 7 4 4
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 7 4 4
90.00 Outlays........................... 7 4 4
---------------------------------------------------------------------------
As provided by law (26 U.S.C. 7623), the Treasury Secretary may make
payments to individuals resulting from information given that leads to
the collection of Internal Revenue taxes. The Taxpayer Bill of Rights of
1996 (Public Law 104-168) provides for payments of such sums to
individuals from the proceeds of amounts (other than interest) collected
by reason of the information provided, and any amount collected shall be
available for such payments. This information must lead to the detection
of underpayments of taxes, or detection and bringing to trial and
punishment persons guilty of violating the internal revenue laws (in
cases where such expenses are not otherwise provided for by law).
[[Page 949]]
Public enterprise funds:
Federal Tax Lien Revolving Fund
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4413-0-3-803 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
09.01 Reimbursable program.............. 8 6 6
--------- --------- ----------
10.00 Total new obligations (object
class 32.0)................... 8 6 6
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 7 4 4
22.00 New budget authority (gross)...... 5 6 6
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 12 10 10
23.95 Total new obligations............. -8 -6 -6
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 4 4 4
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
69.00 Spending authority from
offsetting collections
(gross): Offsetting
collections (cash)............ 5 6 6
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 2 3
73.10 Total new obligations............. 8 6 6
73.20 Total outlays (gross)............. -6 -5 -6
--------- --------- ----------
74.40 Obligated balance, end of year.. 2 3 3
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 5 2 2
86.98 Outlays from mandatory balances... 1 3 4
--------- --------- ----------
87.00 Total outlays (gross)........... 6 5 6
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
88.40 Offsetting collections (cash)
from: Non-Federal sources..... -5 -6 -6
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays........................... 1 -1
---------------------------------------------------------------------------
This revolving fund was established pursuant to section 112(a) of
the Federal Tax Lien Act of 1966, to serve as the source of financing
the redemption of real property by the United States. During the process
of collecting unpaid taxes, the government places a tax lien on real
estate in order to protect the government's interest. Situations arise
where property of this nature is collateral for other indebtedness and
the tax lien is subordinate to the original indebtedness. In this
circumstance, it is often to the Government's interest to purchase the
property during the foreclosure sale. The advantage arises when the
property is worth substantially more than the first lienholder's equity
but is being sold for an amount that barely covers that equity, thereby
leaving no proceeds to apply against delinquent taxes. Under these
circumstances, if the Government buys the property and subsequently puts
it up for sale under more advantageous conditions, it is possible to
realize sufficient profit on the transaction to fully or partially
collect the amount of taxes due. The revolving fund is reimbursed from
the proceeds of the sale in an amount equal to the amount expended from
the fund for the redemption. The balance of the proceeds are applied
against the amount of the tax, interest, penalties, and additions
thereto, and for the costs of sale. The remainder, if any, would revert
to the parties legally entitled to it.
As directed by the Internal Revenue Service Restructuring and Reform
Act of 1998 (section 7802(d) 26 U.S.C.), the Internal Revenue Service
Oversight Board shall annually review and approve a budget request for
the Internal Revenue Service. The Oversight Board's approved request
shall be submitted to the President by the Secretary without revision,
and the President shall submit the request, without revision, to
Congress together with the President's Budget request for the Internal
Revenue Service. The 2007 Oversight Board budget recommendation for the
Internal Revenue Service is $11,815 million.
Administrative Provisions--Internal Revenue Service
(including transfer of funds)
Sec. 201. Not to exceed 5 percent of any appropriation made
available in this Act to the Internal Revenue Service or not to exceed 3
percent of appropriations under the heading ``Tax Law Enforcement'' may
be transferred to any other Internal Revenue Service appropriation upon
the advance [approval] notification of the Committees on Appropriations.
Sec. 202. The Internal Revenue Service shall maintain a training
program to ensure that Internal Revenue Service employees are trained in
taxpayers' rights, in dealing courteously with taxpayers, and in cross-
cultural relations.
Sec. 203. The Internal Revenue Service shall institute and enforce
policies and procedures that will safeguard the confidentiality of
taxpayer information.
[Sec. 204. Funds made available by this or any other Act to the
Internal Revenue Service shall be available for improved facilities and
increased manpower to provide sufficient and effective 1-800 help line
service for taxpayers. The Commissioner shall continue to make the
improvement of the Internal Revenue Service 1-800 help line service a
priority and allocate resources necessary to increase phone lines and
staff to improve the Internal Revenue Service 1-800 help line service.]
[Sec. 205. None of the funds appropriated or otherwise made
available in this or any other Act or source to the Internal Revenue
Service may be used to reduce taxpayer services as proposed in fiscal
year 2006 until the Treasury Inspector General for Tax Administration
completes a study detailing the impact of such proposed reductions on
taxpayer compliance and taxpayer services, and the Internal Revenue
Service's plans for providing adequate alternative services, and submits
such study and plans to the Committees on Appropriations of the House of
Representatives and the Senate for approval: Provided, That no funds
shall be obligated by the Internal Revenue Service for such purposes for
60 days after receipt of such study: Provided further, That the Internal
Revenue Service shall consult with stakeholder organizations, including
but not limited to, the National Taxpayer Advocate, the Internal Revenue
Service Oversight Board, the Treasury Inspector General for Tax
Administration, and Internal Revenue Service employees with respect to
any proposed or planned efforts by the Internal Revenue Service to
terminate or reduce significantly any taxpayer service activity.]
Sec. [206] 204. Of the funds made available by this Act to the
Internal Revenue Service, not less than [$6,447,000,000] $6,824,070,000
shall be available only for tax enforcement. In addition, of the funds
made available by this Act to the Internal Revenue Service, and subject
to the same terms and conditions, an additional [$446,000,000]
$137,275,000 shall be available for [enhanced] tax enforcement.
[Sec. 207. Of the funds made available by this Act to the Internal
Revenue Service, not less than $166,249,000 shall be available for
operating expenses of the Taxpayer Advocate Service, of which not less
than $141,311,650 shall be made available from the ``Tax Law
Enforcement'' account.]
[Sec. 208. The Internal Revenue Service shall submit its fiscal year
2007 congressional budget justifications to the Committees on
Appropriations of the House of Representatives and the Senate using the
identical structure provided under this Act and only in accordance with
the direction specified in the report accompanying this Act.]
[Sec. 209. Section 3 under the heading ``Administrative Provisions--
Internal Revenue Service'' of title I of Public Law 103-329 is amended
by striking the last proviso.] (Department of the Treasury
Appropriations Act, 2006.)
[Section 5021, For the purposes of compliance with section 205 of
Public Law 109-115, a reduction in taxpayer service shall include, but
not be limited to, any reduction in available hours of telephone
taxpayer assistance on a daily, weekly and monthly basis below the
levels in existence during the month of October 2005.] (Emergency
[[Page 950]]
Supplemental Appropriations Act to Address Hurricanes in the Gulf of
Mexico and Pandemic Influenza, 2006)
COMPTROLLER OF THE CURRENCY
Trust Funds
Assessment Funds
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-8413-0-8-373 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
09.00 Bank supervision.................. 487 579 605
--------- --------- ----------
10.00 Total new obligations........... 487 579 605
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 399 507 557
22.00 New budget authority (gross)...... 595 629 656
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 994 1,136 1,213
23.95 Total new obligations............. -487 -579 -605
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 507 557 608
----------------------------------------------------------------------------
New budget authority (gross), detail:
Spending authority from offsetting
collections:
Mandatory:
69.00 Offsetting collections (cash). 595 629 656
--------- --------- ----------
69.90 Spending authority from
offsetting collections
(total mandatory)......... 595 629 656
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 81 94 105
73.10 Total new obligations............. 487 579 605
73.20 Total outlays (gross)............. -474 -568 -594
--------- --------- ----------
74.40 Obligated balance, end of year.. 94 105 116
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 439 568 594
86.98 Outlays from mandatory balances... 35
--------- --------- ----------
87.00 Total outlays (gross)........... 474 568 594
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash)
from:
88.20 Interest on Federal securities -13 -18 -22
88.40 Non-Federal sources:
Assessments................. -582 -611 -634
--------- --------- ----------
88.90 Total, offsetting
collections (cash)........ -595 -629 -656
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays........................... -122 -61 -62
----------------------------------------------------------------------------
Memorandum (non-add) entries:
92.01 Total investments, start of year:
Federal securities: Par value... 479 600 677
92.02 Total investments, end of year:
Federal securities: Par value... 600 677 734
---------------------------------------------------------------------------
The Office of the Comptroller of the Currency (OCC) was created for
the purpose of establishing and regulating a national banking system.
The National Currency Act of 1863 (12 U.S.C. 1 et seq., 12 Stat. 665),
rewritten and reenacted as the National Bank Act of 1864, provided for
the chartering and supervising functions of OCC. The income of the
bureau is derived principally from assessments paid by national banks
and interest on investments in U.S. Government securities. OCC receives
no appropriated funds from Congress.
OCC charters new banking institutions only after investigation and
due consideration of charter applications. Supervision of existing
national banks is aided by the required submission of periodic reports
and detailed onsite examinations, which are conducted by a staff of
approximately 1,895 national bank examiners. At present, there are
approximately 1,933 national banks and 51 Federal branches with total
assets of more than $5.8 trillion.
In addition, OCC considers applications for mergers in which the
resulting bank will be a national bank and applications from banks to
establish branches. OCC also promulgates rules and regulations for the
guidance of national banks and bank directors.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-8413-0-8-373 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Personnel compensation:
11.1 Full-time permanent............. 249 293 309
11.3 Other than full-time permanent.. 6 7 8
11.5 Other personnel compensation.... 1 2 2
--------- --------- ----------
11.9 Total personnel compensation.. 256 302 319
12.1 Civilian personnel benefits....... 88 94 98
13.0 Benefits for former personnel..... 1
21.0 Travel and transportation of
persons......................... 31 38 39
22.0 Transportation of things.......... 2 2 2
23.2 Rental payments to others......... 26 25 27
23.3 Communications, utilities, and
miscellaneous charges........... 8 12 12
24.0 Printing and reproduction......... 1 1 2
25.2 Other services.................... 54 72 73
26.0 Supplies and materials............ 3 6 6
31.0 Equipment......................... 14 17 17
32.0 Land and structures............... 3 10 10
--------- --------- ----------
99.9 Total new obligations........... 487 579 605
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-8413-0-8-373 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 2,686 2,886 2,886
---------------------------------------------------------------------------
OFFICE OF THRIFT SUPERVISION
Federal Funds
Public enterprise funds:
Office of Thrift Supervision
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4108-0-3-373 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
09.01 Office of Thrift Supervision...... 193 216 221
--------- --------- ----------
10.00 Total new obligations........... 193 216 221
----------------------------------------------------------------------------
Budgetary resources available for obligation:
21.40 Unobligated balance carried
forward, start of year.......... 169 196 196
22.00 New budget authority (gross)...... 214 216 221
22.10 Resources available from
recoveries of prior year
obligations..................... 6
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 389 412 417
23.95 Total new obligations............. -193 -216 -221
--------- --------- ----------
24.40 Unobligated balance carried
forward, end of year.......... 196 196 196
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
69.00 Spending authority from
offsetting collections
(gross): Offsetting
collections (cash)............ 214 216 221
----------------------------------------------------------------------------
Change in obligated balances:
72.40 Obligated balance, start of year.. 27 39 39
73.10 Total new obligations............. 193 216 221
73.20 Total outlays (gross)............. -175 -216 -221
[[Page 951]]
73.45 Recoveries of prior year
obligations..................... -6
--------- --------- ----------
74.40 Obligated balance, end of year.. 39 39 39
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 158 196 198
86.98 Outlays from mandatory balances... 17 20 23
--------- --------- ----------
87.00 Total outlays (gross)........... 175 216 221
----------------------------------------------------------------------------
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash)
from:
88.00 Federal sources............... -5 -5 -5
88.20 Interest on Federal securities -6 -4 -4
88.40 Non-Federal sources........... -9 -1 -1
88.45 Offsetting governmental
collections (from non-
Federal sources)............ -194 -206 -211
--------- --------- ----------
88.90 Total, offsetting
collections (cash)........ -214 -216 -221
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays........................... -39
----------------------------------------------------------------------------
Memorandum (non-add) entries:
92.01 Total investments, start of year:
Federal securities: Par value... 195 234 234
92.02 Total investments, end of year:
Federal securities: Par value... 234 234 234
---------------------------------------------------------------------------
The Office of Thrift Supervision (OTS) was established by Congress
as a bureau of the Department of the Treasury as part of the Financial
Institutions Reform, Recovery, and Enforcement Act of 1989 (12 U.S.C.
1811 note). OTS assumed the regulatory functions of the Federal Home
Loan Bank Board dissolved by the same act.
OTS charters, examines, supervises, and regulates federal savings
associations insured by the Federal Deposit Insurance Corporation
(FDIC). OTS also examines, supervises, and regulates state-chartered,
FDIC-insured savings associations and provides for the registration,
examination, and regulation of savings association affiliates and
holding companies. OTS sets capital standards for Federal and State
savings associations and reviews applications of state-chartered thrifts
for conversion to federal thrifts.
OTS receives no appropriated funds from Congress. Income of the
bureau is derived principally from assessments on thrifts and holding
companies, examination fees, and interest on investments in U.S.
Government obligations. As of September 30, 2005, OTS oversees 866
thrifts with total assets of $1.4 trillion.
OTS also supervises 486 holding company enterprises with
approximately $7.1 trillion in consolidated assets.
Object Classification (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-4108-0-3-373 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Personnel compensation:
11.1 Full-time permanent............. 95 106 109
11.5 Other personnel compensation.... 1 1 1
--------- --------- ----------
11.9 Total personnel compensation.. 96 107 110
12.1 Civilian personnel benefits....... 64 70 72
21.0 Travel and transportation of
persons......................... 11 12 12
23.2 Rental payments to others......... 5 5 5
23.3 Communications, utilities, and
miscellaneous charges........... 3 3 3
25.1 Advisory and assistance services.. 1 3 3
25.2 Other services.................... 2 1 1
25.3 Other purchases of goods and
services from Government
accounts........................ 4 4 4
25.4 Operation and maintenance of
facilities...................... 4 4 4
26.0 Supplies and materials............ 1 2 2
31.0 Equipment......................... 2 4 4
32.0 Land and structures............... 1 1
--------- --------- ----------
99.9 Total new obligations........... 193 216 221
---------------------------------------------------------------------------
Personnel Summary
----------------------------------------------------------------------------
Identification code 20-4108-0-3-373 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Reimbursable:
2001 Civilian full-time equivalent
employment...................... 885 965 965
---------------------------------------------------------------------------
INTEREST ON THE PUBLIC DEBT
Federal Funds
General and special funds:
Interest on Treasury Debt Securities (Gross)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0550-0-1-901 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Interest on Treasury Securities... 352,350 398,716 441,305
--------- --------- ----------
10.00 Total new obligations (object
class 43.0)................... 352,350 398,716 441,305
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 352,350 398,716 441,305
23.95 Total new obligations............. -352,350 -398,716 -441,305
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 352,350 398,716 441,305
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 352,350 398,716 441,305
73.20 Total outlays (gross)............. -352,350 -398,716 -441,305
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 352,350 398,716 441,305
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 352,350 398,716 441,305
90.00 Outlays........................... 352,350 398,716 441,305
---------------------------------------------------------------------------
Such amounts are appropriated as may be necessary to pay the
interest each year on the public debt (31 U.S.C. 1305, 3123). Interest
on Government account series securities is generally computed on a cash
basis. Interest is generally computed on an accrual basis on all other
types of securities.
Interest on Treasury Debt Securities (Gross)
(Legislative proposal, not subject to PAYGO)
Program and Financing (in millions of dollars)
----------------------------------------------------------------------------
Identification code 20-0550-2-1-901 2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Obligations by program activity:
00.01 Interest on Treasury Securities... 28 -893
--------- --------- ----------
10.00 Total new obligations (object
class 43.0)................... 28 -893
----------------------------------------------------------------------------
Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 28 -893
23.95 Total new obligations............. -28 893
----------------------------------------------------------------------------
New budget authority (gross), detail:
Mandatory:
60.00 Appropriation................... 28 -893
----------------------------------------------------------------------------
Change in obligated balances:
73.10 Total new obligations............. 28 -893
73.20 Total outlays (gross)............. -28 893
----------------------------------------------------------------------------
Outlays (gross), detail:
86.97 Outlays from new mandatory
authority....................... 28 -893
----------------------------------------------------------------------------
Net budget authority and outlays:
89.00 Budget authority.................. 28 -893
90.00 Outlays........................... 28 -893
---------------------------------------------------------------------------
-------
[[Page 952]]
GENERAL FUND RECEIPT ACCOUNTS
(In millions of dollars)
----------------------------------------------------------------------------
2005 actual 2006 est. 2007 est.
----------------------------------------------------------------------------
Governmental receipts:
20-015800 Transportation fuels tax... -770 -1,948 -2,451
20-040110 Proceeds from exercise of
warrants, Air Transportation
Stabilization Board................. 1
20-065000 Deposit of earnings,
Federal Reserve System.............. 19,297 27,455 32,679
20-085000 Registration, filing, and
transaction fees.................... 4 1 1
20-086100 Charges for expenses,
settlement of international claims.. 1 1
20-086900 Fees for legal and judicial
services, not otherwise classified.. 74 74 74
20-089100 Miscellaneous fees for
regulatory and judicial services,
not otherwise classified............ 8 8 8
20-101000 Fines, penalties, and
forfeitures, agricultural laws...... 1 1 1
20-102000 Fines, penalties, and
forfeitures, economic stabilization
laws................................ 9 9 9
20-103000 Fines, penalties, and
forfeitures, immigration and labor
laws................................ 71 71 71
20-104000 Fines, penalties, and
forfeitures, customs, commerce, and
antitrust laws...................... 118 118 118
20-105000 Fines, penalties, and
forfeitures, narcotic prohibition
and alcohol laws.................... 4 4 4
20-106000 Forfeitures of unclaimed
money and property.................. -14 25 25
20-108000 Fines, penalties, and
forfeitures, Federal coal mine
health and safety laws.............. 19 19 19
20-129900 Gifts to the United States,
not otherwise classified............ 2 1 1
20-241100 User fees for IRS.......... 36 32 32
20-309200 Recovery from highway trust
fund for refunds of taxes........... 1,121 1,098 1,109
20-309400 Recovery from airport and
airway trust fund for refunds of
taxes............................... 101 86 91
20-309500 Recovery from leaking
underground storage tank trust fund
for refunds of taxes, EPA........... 5 5 5
20-309990 Refunds of moneys
erroneously received and recovered
(20X1807)........................... -40 -62 -62
95-109900 Fines, penalties, and
forfeitures, not otherwise
classified.......................... 611 603 603
99-011050 Individual income taxes.... 927,169 1,011,265 1,118,204
Legislative proposal, subject to
PAYGO............................. -13,725 -21,948
99-011100 Corporation income and
excess profits taxes................ 278,278 279,273 265,124
Legislative proposal, subject to
PAYGO............................. -2,151 -4,557
99-015250 Other Federal fund excise
taxes............................... -712 -796 -587
Legislative proposal, subject to
PAYGO............................. -37
99-015300 Estate and gift taxes...... 24,764 27,521 24,925
Legislative proposal, subject to
PAYGO............................. 2 -1,225
99-015500 Tobacco excise tax......... 7,920 7,710 7,570
99-015600 Alcohol excise tax......... 8,111 8,179 8,299
Legislative proposal, subject to
PAYGO............................. -69 -95
99-015700 Telephone excise tax....... 6,047 6,069 6,106
99-031050 Other Federal fund customs
duties.............................. 15,293 16,886 18,922
Legislative proposal, subject to
PAYGO............................. -864
--------- --------- ----------
General Fund Governmental receipts...... 1,287,528 1,367,765 1,452,175
----------------------------------------------------------------------------
Offsetting receipts from the public:
20-143500 General fund proprietary
interest receipts, not otherwise
classified.......................... 121 144 144
20-145000 Interest payments from
States, cash management improvement. 15 32 36
20-146310 Interest on quota in
International Monetary Fund......... 316 316 316
20-146400 Interest received on loans
and credits to foreign nations...... 102 86 110
20-148400 Interest on deposits in tax
and loan accounts................... 510 602 622
20-149900 Interest received from
credit financing accounts........... 10,585 11,914 12,596
20-168200 Gain by exchange on foreign
currency denominated public debt
securities.......................... 5
20-276330 Community Development
Financial Institutions Fund,
Downward re-estimate of subsidies... 1 2
20-276610 Air Transportation Safety
and System Stabilization Act,
Negative subsidies.................. 3 538
20-277130 Air Transportation
Stabilization guaranteed loan,
Downward reestimates of subsidies... 76 115
20-286800 Dollar conversion of
foreign currency loan repayments.... 2 4 4
20-286900 Repayment of loans and
credits to foreign nations.......... 263 108 25
20-322000 All other general fund
proprietary receipts................ 1,826 1,402 1,402
20-387500 Budget clearing account
(suspense).......................... 115
--------- --------- ----------
General Fund Offsetting receipts from
the public............................. 13,940 15,263 15,255
----------------------------------------------------------------------------
Intragovernmental payments:
13-141000 Interest on investment,
economic development revolving fund. 1 1 1
14-142400 Interest on investment,
Colorado River projects............. 4 4 4
14-142700 Interest on advances to
Colorado River Dam fund, Boulder
Canyon project...................... 11 11 11
20-133700 Interest on loans to the
Helium Fund, Department of Interior. 65 157 157
20-133800 Interest on loans to the
Presidio............................ 3 3 3
20-135000 Interest on loans to the
Secretary of Transportation, ocean
freight differential................ 3 2 1
20-135100 Interest on loans to BPA... 446 377 391
20-135400 Interest on loans for
housing for the elderly or
handicapped......................... 127 78 30
20-136100 Interest on loans to the
Secretary of Transportation,
railroad rehabilitation and
improvement fund.................... 1 1 1
20-136300 Interest on loans for
college housing and academic
facilities loans, Education......... 7 8 7
20-140100 Interest on loans to
Commodity Credit Corporation........ 132 420 460
20-141700 Interest on loans to
Tennessee Valley Authority.......... 2 2 2
20-141800 Interest on loans to
Federal Financing Bank.............. 552 393 786
20-143300 Interest on loans to
national flood insurance fund, DHS.. 1
20-149500 Interest payments on
repayable advances to the black lung
disability trust fund............... 675 695 717
Legislative proposal, not subject to
PAYGO............................. 2,282
20-149700 Payment of interest on
advances to the Railroad Retirement
Board............................... 159 170 193
20-241600 Charges for administrative
expenses of Social Security Act as
amended............................. 783 879 852
20-310100 Recoveries from Federal
agencies for settlement of claims
for contract disuptes............... 230
20-311200 Reimbursement from Federal
agencies for payments made as a
result of discriminatory conduct.... 15 14 12
20-320000 Receivables from cancelled
accounts............................ 148 150 150
20-388500 Undistributed
intragovernmental payments.......... 809
73-142800 Interest on advances to
Small Business Administration....... 10 8 6
91-142200 Interest on loans, higher
education facilities loan fund...... 1 1 1
--------- --------- ----------
General Fund Intragovernmental payments. 4,185 3,374 6,067
---------------------------------------------------------------------------
ADMINISTRATIVE PROVISIONS--DEPARTMENT OF THE TREASURY
(including transfer of funds)
Sec. 210. Appropriations to the Department of the Treasury in this
Act shall be available for uniforms or allowances therefor, as
authorized by law (5 U.S.C. 5901), including maintenance, repairs, and
cleaning; purchase of insurance for official motor vehicles operated in
foreign countries; purchase of motor vehicles without regard to the
general purchase price limitations for vehicles purchased and used
overseas for the current fiscal year; entering into contracts with the
Department of State for the furnishing of health and medical services to
employees and their dependents serving in foreign countries; and
services authorized by 5 U.S.C. 3109.
Sec. 211. Not to exceed 2 percent of any appropriations in this Act
made available to the Departmental Offices--Salaries and Expenses,
Office of Inspector General, Financial Management Service, Alcohol and
Tobacco Tax and Trade Bureau, Financial Crimes Enforcement Network, and
Bureau of the Public Debt, may be transferred between such
appropriations upon the advance [approval] notification of the
Committees on Appropriations: Provided, That no transfer may increase or
decrease any such appropriation by more than 2 percent.
Sec. 212. Not to exceed 2 percent of any appropriation made
available in this Act to the Internal Revenue Service may be transferred
to the Treasury Inspector General for Tax Administration's appropriation
upon the advance [approval] notification of the Committees on
Appropriations: Provided, That no transfer may increase or decrease any
such appropriation by more than 2 percent.
Sec. 213. Of the funds available for the purchase of law enforcement
vehicles, no funds may be obligated until the Secretary of the Treasury
certifies that the purchase by the respective Treasury bureau is
consistent with Departmental vehicle management principles:
[[Page 953]]
Provided, That the Secretary may delegate this authority to the
Assistant Secretary for Management.
Sec. 214. None of the funds appropriated in this Act or otherwise
available to the Department of the Treasury or the Bureau of Engraving
and Printing may be used to redesign the $1 Federal Reserve note.
Sec. 215. The Secretary of the Treasury may transfer funds from
Financial Management Services, Salaries and Expenses to Debt Collection
Fund as necessary to cover the costs of debt collection: Provided, That
such amounts shall be reimbursed to such salaries and expenses account
from debt collections received in the Debt Collection Fund.
Sec. 216. Section 122(g)(1) of Public Law 105-119, as amended (5
U.S.C. 3104 note), is further amended by striking [``7 years''] ``8
years'' and inserting [``8 years''] ``9 years''.
[Sec. 217. None of the funds appropriated or otherwise made
available by this or any other Act may be used by the United States Mint
to construct or operate any museum without the explicit approval of the
House Committee on Financial Services and the Senate Committee on
Banking, Housing, and Urban Affairs.]
[Sec. 218. None of the funds appropriated or otherwise made
available by this or any other Act or source to the Department of the
Treasury, the Bureau of Engraving and Printing, and the United States
Mint, individually or collectively, may be used to consolidate any or
all functions of the Bureau of Engraving and Printing and the United
States Mint without the explicit approval of the House Committee on
Financial Services; the Senate Committee on Banking, Housing, and Urban
Affairs; the House Committee on Appropriations; and the Senate Committee
on Appropriations.]
[Sec. 219. None of the funds appropriated or otherwise made
available by this or any other Act or source to the Secretary of the
Treasury may be expended to develop, study, or implement any plan to
reallocate the resources of, or merge the Financial Crimes Enforcement
Network into the Departmental Offices--Salaries and Expenses, or any
other office within the Department of the Treasury.]
Sec. 217. Section 3333(a) of Title 31, United States Code, is
amended by deleting paragraph (3) and inserting in lieu thereof the
following:
``(3) The amount of the relief, and the amount of any relief granted
to an official or agent of the Department of the Treasury under 31
U.S.C. 3527, shall be charged to the Check Forgery Insurance Fund (31
U.S.C. 3343). A recovery or repayment of a loss for which replacement is
made out of the fund shall be credited to the fund and is available for
the purposes for which the fund was established.'' (Department of the
Treasury Appropriations Act, 2006.)