Full text of Budget of the United States Government - Appendix : Fiscal Year 2004 : Department of the Treasury

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DEPARTMENT OF THE TREASURY
DEPARTMENTAL OFFICES
SALARIES

AND

EXPENSES

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 $3,500,000 for official travel expenses;
not to exceed $3,000,000, to remain available until September 30,
2005 for information technology modernization requirements; not to
exceed $150,000 for official reception and representation expenses; 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,
$166,875,000: Provided, That of these amounts $2,900,000 is for
grants to State and local law enforcement groups to help fight money
laundering: Provided further, That no less than $21,855,000 is for
the Office of Foreign Assets Control: Provided further: That of these
amounts, $3,393,000, to remain available until September 30, 2005,
shall be for the Treasury-wide Financial Statement Audit 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.
Note.—A regular 2003 appropriation for this account had not been enacted at the time
the budget was prepared; therefore, this account is operating under a continuing resolution
(P.L. 107–229, as amended). The amounts included for 2003 in this budget reflect the
Administration’s 2003 policy proposals.

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0101–0–1–803

2003 est.

2004 est.

Obligations by program activity:
Direct program:
00.01
Economic policies and programs ..............................
56
56
59
00.02
Financial policies and programs ..............................
44
43
46
00.03
Enforcement policies and programs .........................
61 ................... ...................
00.04
Treasury-wide management policies and programs
32
32
32
00.05
Treasury-wide fnancial statement audit ................... ...................
3
3
00.06
Office of Foreign Assets Control ...............................
20
22
22
01.00
09.11

Subtotal, Direct programs .........................................
Reimbursable program ..................................................

09.99

Subtotal, reimbursable program ...............................

10.00

Total new obligations ................................................

226

176

182

21.40
22.00
22.10

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................
Resources available from recoveries of prior year obligations .......................................................................

71
162

4
181

9
187

23.90
23.95
23.98
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance expiring or withdrawn .................
Unobligated balance carried forward, end of year .......

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
Spending authority from offsetting collections:
68.00
Offsetting collections (cash) .....................................
68.10
Change in uncollected customer payments from
Federal sources (unexpired) ..................................
68.90

213
13

156
20

162
20

4 ................... ...................
237
185
196
¥226
¥176
¥182
¥7 ................... ...................
4
9
14

149

161

167

¥1 ................... ...................

Spending authority from offsetting collections
(total discretionary) ..........................................

70.00

Total new budget authority (gross) ..........................

162

181

187

72.40

Change in obligated balances:
Obligated balance, start of year ...................................

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73.10
73.20
73.40
73.45
74.00
74.40

Total new obligations ....................................................
Total outlays (gross) ......................................................
Adjustments in expired accounts (net) .........................
Recoveries of prior year obligations ..............................
Change in uncollected customer payments from Federal sources (unexpired) ............................................
Obligated balance, end of year .....................................

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

147
53

161
47

166
21

87.00

Total outlays (gross) .................................................

200

208

187

¥14

¥20

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

Memorandum (non-add) entries:
Total investments, start of year: Federal securities:
Par value ...................................................................
92.02 Total investments, end of year: Federal securities:
Par value ...................................................................

226
176
182
¥200
¥208
¥187
¥3 ................... ...................
¥4 ................... ...................
1 ................... ...................
82
51
46

1 ................... ...................

149
188

161
188

167
167

92.01

1 ...................

1 ................... ...................

Departmental Offices’ function in the Department of the
Treasury is to provide basic support to the Secretary of the
Treasury, who is the chief operating executive of the Department. The Secretary of the Treasury maintains the primary
role in formulating and managing the domestic and international tax and financial policies of the Federal Government.
The Secretary’s responsibilities funded by the Salaries and
Expenses appropriation include: recommending and implementing United States domestic and international economic
and tax policy; fiscal policy; governing the fiscal operations
of the Government; maintaining foreign assets control; managing the public debt; managing development financial policy;
representing the United States on international monetary,
trade and investment issues; overseeing Department of the
Treasury overseas operations; and directing the administrative operations of the Department of the Treasury.
In support of the Secretary, the Salaries and Expenses appropriation provides resources for policy formulation and implementation in the areas of domestic and international financial, investment, tax, economic, trade and financial operations
and general fiscal policy. This appropriation also provides
resources for administrative support to the Secretary and policy components, and coordination of Departmental administrative policies in financial and personnel management, procurement operations, and automated information systems and
telecommunications.
Economic Policies and Programs.—The function of the Economic Policies and Programs Activity is to advise the Secretary and Deputy Secretary in economic areas such as: (1)
monitors macro- and micro-economic developments and assists
in determining appropriate economic policies; develops an
overall appraisal of the current state of, and outlook for the
economy; provides written and oral briefing materials for the
Secretary, other officials, and outsiders; participates in interagency groups working on economic matters to develop and
maintain a coordinated and consistent government-wide economic program; and (2) the formulation and execution of U.S.
international economic and financial policies regarding a wide
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765

766

DEPARTMENTAL OFFICES—Continued

SALARIES

AND

THE BUDGET FOR FISCAL YEAR 2004

EXPENSES—Continued

range of international development and analysis functions involving: trade and investment, energy policy, monetary affairs, development financing, and general economic research
into international financial issues. The Office of International
Affairs works closely with other Federal agencies and international financial institutions, and coordinates international
financial and macro-economic policy with the National Economic Council (Annual Economic Summit), the National Security Council, the Council of Economic Advisors, the Office
of Management and Budget (foreign country risk review), the
United States Trade Representative (financial services, investment, etc.), and all components of the Executive Office of
the President. Under Presidential Executive order, the Office
of International Affairs participates with the Department of
State in the collection and analysis of economic information
on foreign countries. In the areas of international monetary
and foreign exchange policy, the Office of International Affairs
shares responsibility with the Federal Reserve (principally,
the Board of Governors, but also the Federal Reserve Bank
of New York) in working closely with the International Monetary Fund. In the area of international development, the Office of International Affairs formulates resource needs, notably U.S. contributions, policies and programs for various Multilateral Development Banks. With the Export-Import Bank,
the Office of International Affairs has responsibility for export
credit finance. This activity includes the Office of the Assistant Secretary (Economic Policy), the immediate offices of the
Under Secretary (International Affairs), the Assistant Secretary (International Affairs) and the Office of International
Affairs.
Financial Policies and Programs.—The function of the Financial Policies and Programs Activity is to advise the Secretary and Deputy Secretary in areas of domestic finance,
banking, fiscal policy and operations, and other related financial matters, including development of policies and guidance
in the areas of financial institutions, federal debt finance,
financial regulation, and capital markets. Specifically, this
activity ensures that the management of the Federal government’s cash minimizes risk and strikes a balance between
cash needs and short-term investments. This activity provides
decision makers and stakeholders with: (1) timely, concise
and thorough policies, guidance and analysis in the areas
of: financial institutions, financial regulation, the equitable
and efficient delivery of financial services, the availability
of credit, financial crimes, federal debt finance, capital markets, the privatization of government assets, and any other
issues related to domestic finance and financial services; and
(2) recommendations regarding the development and implementation of tax policies and programs; official estimates of
all Government receipts for the President’s Budget, fiscal policy decisions, and cash management decisions; policy criteria
reflected in regulations and rulings to implement the Internal
Revenue Code; negotiation of tax treaties for the United
States; and economic and legal policy analysis for domestic
and international tax policy decisions. This activity includes
the immediate office of the Under Secretary (Domestic Finance), the Assistant Secretary (Financial Institutions), the
Assistant Secretary (Financial Markets), the Fiscal Assistant
Secretary, and the Deputy Assistant Secretary for Community
Development Policy and the Assistant Secretary (Tax Policy).
Treasury-wide Management Policies and Programs.—The
Treasury-wide Management Policies and Programs Activity
provides policy advice on matters involving the internal management of the Department and its bureaus; coinage and
currency production and security; the sale and retention of
savings bonds; financial management, information systems,
security, property management, human resources, procurement and contracting, strategic planning; and customer service. This activity is responsible for implementing the functions
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of the Chief Financial Officer (CFO), the Government Performance Results Act (GPRA), and the Information Technology Management Reform Act which includes efficient and
effective use of the Treasury’s resources. This activity includes
the Office of the Assistant Secretary (Management) and Chief
Financial Officer and the Treasurer of the United States.
Treasury-wide Financial Statement Audit.—This activity
has responsibility for contracting and funding all financial
statement audit work that will be done by the OIG. The
OIG would streamline the process, provide costs savings and
accountability for getting these audits done, and ensure timeliness and consistency of financial statement audits in the
Department. The audits would include those of the Financial
Management Service, the Bureau of Public Debt, the Federal
Financing Board, the Alcohol and Tobacco Tax and Trade
Bureau, the Community Development Financial Institutions,
and the Departmental Offices.
Office of Foreign Assets Control.—Manages and enforces
economic sanctions and embargo programs against targeted
foreign governments and groups that pose threats to the national security, foreign policy, or economy of the United
States. These include sanctions programs administered under
the International Emergency Economic Powers Act, the Trading with the Enemy Act, the United Nations Participation
Act, the Anti-Terrorism and Effective Death Penalty Act, the
Foreign Narcotics Kingpin Designation Act and other related
Executive Orders and statutes.
PERFORMANCE MEASURES
2004 est.

Economic conditions in developing countries (overall percent change in Gross Domestic
Product from prior calendar year) .....................................................................................
Economic conditions in transitional economies (overall percent change in Gross Domestic
Product from prior calendar year) .....................................................................................
Announce borrowing policies and borrowing requirements to financial market participants in a timely manner .................................................................................................
Number of open material weaknesses (significant management problems identified
by GAO, the IGs, and/or the bureaus) ...............................................................................
Percent of new IT capital investments tracked that are within costs, on schedule,
and meeting performance targets .....................................................................................

GDP Growth
GDP Growth
100%
5%
100%

Object Classification (in millions of dollars)
2002 actual

Identification code 20–0101–0–1–803

2003 est.

2004 est.

87
20
4
2

86
15
3
2

90
17
3
2

24.0
25.2
26.0
31.0

Direct obligations:
Personnel compensation: Full-time permanent ........
Civilian personnel benefits .......................................
Travel and transportation of persons .......................
Rental payments to GSA ...........................................
Communications, utilities, and miscellaneous
charges .................................................................
Printing and reproduction .........................................
Other services ............................................................
Supplies and materials .............................................
Equipment .................................................................

10
2
81
2
5

9
2
32
2
5

99.0
99.0

Direct obligations ..................................................
Reimbursable obligations ..............................................

213
13

156
20

162
20

99.9

Total new obligations ................................................

226

176

182

11.1
12.1
21.0
23.1
23.3

Personnel Summary
2002 actual

Identification code 20–0101–0–1–803

Direct:
1001 Total compensable workyears: Civilian full-time equivalent employment ......................................................
Reimbursable:
2001 Total compensable workyears: Civilian full-time equivalent employment ......................................................

2003 est.

2004 est.

825

865

860

112

DEPARTMENT-WIDE SYSTEMS
(INCLUDING

AND CAPITAL INVESTMENTS
TRANSFER OF FUNDS)

PROGRAMS

For development and acquisition of automatic data processing
equipment, software, and services for the Department of the Treasury,
$36,928,000, to remain available until September 30, 2006: Provided,
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DEPARTMENTAL OFFICES—Continued

DEPARTMENT OF THE TREASURY
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.
Note.—A regular 2003 appropriation for this account had not been enacted at the time
the budget was prepared; therefore, this account is operating under a continuing resolution
(P.L. 107–229, as amended). The amounts included for 2003 in this budget reflect the
Administration’s 2003 policy proposals.

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0115–0–1–803

2003 est.

2004 est.

00.01

Obligations by program activity:
Direct program activity ..................................................

10.00

Total new obligations ................................................

21.40
22.00
22.10

10
37

27
37

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

43.00

Appropriation (total discretionary) ........................

72.40
73.10
73.20
73.45
74.40

12 ...................

21.40
22.00
22.21
22.22
23.90
23.95
23.98
24.40

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year ...................
1
1
New budget authority (gross) ........................................
12
12 ...................
Unobligated balance transferred to other accounts ................... ...................
¥1
Unobligated balance transferred from other accounts
1 ................... ...................
Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance expiring or withdrawn .................
Unobligated balance carried forward, end of year .......

13
13 ...................
¥12
¥12 ...................
¥1 ................... ...................
1
1 ...................

Total new budget authority (gross) ..........................

12 ...................

64
¥37
27

72.40
73.10
73.20
73.40
74.40

44
37
37
¥7 ................... ...................

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

11
1

87.00

Total outlays (gross) .................................................

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

¥1

¥1 ...................

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

11
11

11 ...................
10
2

64
¥37
27

24
21
15
24
37
37
¥23
¥43
¥42
¥5 ................... ...................
21
15
10

89.00
90.00
2
21

16
27

16
26

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

37
23

37
43

37
42

The 1997 Treasury Postal Appropriations Act established
this account which 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.
Object Classification (in millions of dollars)
2002 actual

2
2
2
12
12 ...................
¥12
¥11
¥2
¥1 ................... ...................
2
2 ...................

9 ...................
2
2
11

Additional net budget authority and outlays to cover cost of fully accruing retirement:
Budget authority ............................................................
1
1 ...................
Outlays ...........................................................................
1
1 ...................

To maximize efficiencies and effectiveness, legislative language is being proposed which will merge the Treasury Inspector General and the Treasury Inspector General for Tax
Administration into a new Inspector General office, called
the Inspector General for Treasury. The new organization
will have all of the same powers and authorities as its predecessors have under current law.
Object Classification (in millions of dollars)

2004 est.

1
1
1
20
34
34
1 ................... ...................
2
2
2
24

99.00
99.01

2002 actual

Identification code 20–0106–0–1–803
2003 est.

70.00

OFFICE

Total new obligations ................................................

1 ...................

Total new obligations ................................................

10.00

99.9

1 ...................

11 ...................

Total outlays (gross) .................................................

Rental payments to GSA ................................................
Other services ................................................................
Supplies and materials .................................................
Equipment ......................................................................

87.00

23.1
25.2
26.0
31.0

Total reimbursable program ......................................

5 ................... ...................

Outlays (gross), detail:
86.90 Outlays from new discretionary authority .....................
86.93 Outlays from discretionary balances .............................

Identification code 20–0115–0–1–803

09.99

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
68.00 Spending authority from offsetting collections: Offsetting collections (cash) ..............................................

52
¥24
27

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
41.00
Transferred to other accounts ...................................

767

2003 est.

2004 est.

6
1
1
1

25.2

1
1

1 ...................
1 ...................

99.0
99.0

Direct obligations ..................................................
Reimbursable obligations ..............................................

11
1

11 ...................
1 ...................

99.9

Total new obligations ................................................

12 ...................

11.1
12.1
21.0
23.1
23.3

...................
...................
...................
...................

INSPECTOR GENERAL

SALARIES AND EXPENSES

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0106–0–1–803

00.01
09.01

Obligations by program activity:
Direct program activity ..................................................
Reimbursable program ..................................................

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1
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Personnel Summary
2003 est.

2004 est.

11 ...................
1 ...................
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2002 actual

Identification code 20–0106–0–1–803

1001

Direct:
Total compensable workyears: Civilian full-time equivalent employment ......................................................

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2003 est.

2004 est.

87 ...................

768

DEPARTMENTAL OFFICES—Continued

INSPECTOR GENERAL

THE BUDGET FOR FISCAL YEAR 2004
FOR

TREASURY

SALARIES AND EXPENSES

For necessary expenses of the Inspector General for the Department
of the Treasury in carrying out the provisions of 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; not
to exceed $7,000,000 for official travel expenses; and not to exceed
$600,000 for unforeseen emergencies of a confidential nature, to be
allocated and expanded under the direction of the Inspector General
for the Department of the Treasury, $134,949,000: Provided, That
unobligated balances available under the headings, ‘‘Office of the Inspector General’’ and ‘‘Inspector General for Tax Administration,’’
shall be transferred to this heading.
Note.—A regular 2003 appropriation for activities financed by this account had not been
enacted at the time the budget was prepared; therefore, this account is operating under
a continuing resolution (P.L. 107–229, as amended). The amounts included for 2003 in
this budget reflect the Administration’s 2003 policy proposals.

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0119–0–1–803

2003 est.

2004 est.

00.01
00.02
09.01

Obligations by program activity:
Audit ...............................................................................
Investigations .................................................................
Reimbursable program ..................................................

49
76
4

50
74
2

56
79
3

10.00

Total new obligations ................................................

129

126

138

Budgetary resources available for obligation:
New budget authority (gross) ........................................
130
126
Unobligated balance transferred from other accounts ................... ...................

138
1

22.00
22.22
23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

130
¥129

126
¥126

139
¥138

126

124

135

70.00

130

126

138

ment of the Treasury. It (1) promotes the economy, efficiency,
and effectiveness of Departmental programs and operations
by preventing fraud, waste, and abuse in those programs
and operations, (2) keeps the Secretary and the Congress
fully and currently informed of these issues and the progress
made toward resolving them, (3) reviews existing and proposed legislation and regulations relating to the programs
and operations of the Department, and makes recommendations concerning the impact of such legislation and regulations on the economy and efficiency in the administration
of programs and operations of the Department of the Treasury. The audit function provides program audit, contract
audit, information technology audit, and financial statement
audit services. Program audits review and audit all facets
of agency programs and operations and related entities. Contract audits provide professional advice to agency contracting
officials on accounting and financial matters relative to negotiation, award, administration, repricing, and settlement of
contracts. Information technology audits review all aspects
of the acquisition, implementation, and security of electronic
systems. Financial statement audits assess whether financial
statements fairly present the agency’s financial condition and
results of operations, the adequacy of accounting controls,
and compliance with laws and regulations. These audits contribute significantly to improved financial management by
helping Treasury managers identify improvements needed in
their accounting and internal control systems. The evaluations function reviews program performance and issues critical to the mission of the Department of the Treasury, including assessing the Department’s implementation of the Government Performance and Results Act. The investigative function
provides for the detection, investigation of and protection
against improper and illegal activities involving programs,
personnel, and operations of Department of the Treasury including external attempts to corrupt or threaten their employees, systems and facilities.
Object Classification (in millions of dollars)

Total new budget authority (gross) ..........................

2002 actual

Identification code 20–0119–0–1–803

Change in obligated balances:
72.40 Obligated balance, start of year ...................................
73.10 Total new obligations ....................................................
73.20 Total outlays (gross) ......................................................
74.40 Obligated balance, end of year .....................................

15
129
¥133
11

11
126
¥126
12

12
138
¥138
12

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

120
13

114
12

125
13

87.00

Total outlays (gross) .................................................

133

126

138

11.9
12.1
21.0
23.1
23.3

¥3

25.1
25.2
25.3

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources
Net budget authority and outlays:
89.00 Budget authority ............................................................
90.00 Outlays ...........................................................................

99.00
99.01

¥4

126
129

¥2

124
124

135
135

Additional net budget authority and outlays to cover cost of fully accruing retirement:
Budget authority ............................................................
7
8
Outlays ...........................................................................
7
8

9
9

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11.1
11.5

Direct obligations:
Personnel compensation:
Full-time permanent .............................................
Other personnel compensation .............................

68
8

2003 est.

68
8

2004 est.

75
8

Total personnel compensation .........................
76
76
83
Civilian personnel benefits .......................................
20
19
21
Travel and transportation of persons .......................
5
5
5
Rental payments to GSA ...........................................
8
9
10
Communications, utilities, and miscellaneous
charges .................................................................
2
2
2
Advisory and assistance services .............................
4
4
4
Other services ............................................................
1
2
2
Other purchases of goods and services from Government accounts ................................................. ...................
1
2
Operation and maintenance of facilities ..................
1 ................... ...................
Operation and maintenance of equipment ...............
1 ................... ...................
Supplies and materials .............................................
1
1
1
Equipment .................................................................
6
5
5

25.4
25.7
26.0
31.0
99.0
99.0

Direct obligations ..................................................
Reimbursable obligations ..............................................

125
4

124
2

135
3

99.9

Total new obligations ................................................

129

126

138

Personnel Summary
2002 actual

Identification code 20–0119–0–1–803

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2003 est.

2004 est.

928

947

987

DEPARTMENTAL OFFICES—Continued

DEPARTMENT OF THE TREASURY
TREASURY BUILDING

AND

ANNEX REPAIR

AND

10.00

RESTORATION

For the repair, alteration, and improvement of the Treasury Building and Annex, $25,000,000, to remain available until September 30,
2006.

21.40
22.00

Note.—A regular 2003 appropriation for this account had not been enacted at the time
the budget was prepared; therefore, this account is operating under a continuing resolution
(P.L. 107–229, as amended). The amounts included for 2003 in this budget reflect the
Administration’s 2003 policy proposals.

23.90
23.95
24.40

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0108–0–1–803

2003 est.

2004 est.

00.01

Obligations by program activity:
Repair and improvement of Main Treasury ...................

10.00

Total new obligations ................................................

21.40
22.00
22.10

5
29

8
33

8
25

23.90
23.95
24.40

1 ................... ...................

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

35
¥27
8

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

41
¥33
8

72.40
73.10
73.20
73.45
74.40

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
Outlays from discretionary balances .............................
42

33
¥25
8

44
27
19
27
33
25
¥42
¥41
¥34
¥1 ................... ...................
27
19
10

15
26

11
23

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

29
42

33
41

25
34

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
10
New budget authority (gross) ........................................ ...................
Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

1
1
2 ...................

10
¥9
1

3
1
¥2
¥1
1 ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ...................

2 ...................

72.40
73.10
73.20
74.40

Change in obligated balances:
Obligated balance, start of year ................................... ...................
Total new obligations ....................................................
9
Total outlays (gross) ...................................................... ...................
Obligated balance, end of year .....................................
9

9
2
2
1
¥9
¥3
2 ...................

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
Outlays from discretionary balances ............................. ...................

1 ...................
8
3

87.00

Total outlays (gross) ................................................. ...................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................ ...................
Outlays ........................................................................... ...................

2 ...................
9
3

The Budget does not seek additional funding for Expanded
Access to Financial Services, though the program will continue to operate on unobligated balances of budget authority.
Appropriated amounts from 2002 remain unavailable, however, as the program lacks congressional authorization.
Personnel Summary
2002 actual

Identification code 20–0121–0–1–808

1001
87.00

Total new obligations (object class 41.0) ................

769

Direct:
Total compensable workyears: Civilian full-time equivalent employment ......................................................

2003 est.

2004 est.

This appropriation funds repairs and selected improvements
to maintain the Main Treasury and Annex buildings.

TERRORISM INSURANCE PROGRAM
Program and Financing (in millions of dollars)

Object Classification (in millions of dollars)
2002 actual

Identification code 20–0108–0–1–803

2003 est.

2004 est.

11.1
23.1
25.2
26.0
31.0
32.0

Personnel compensation: Full-time permanent .............
Rental payments to GSA ................................................
Other services ................................................................
Supplies and materials .................................................
Equipment ......................................................................
Land and structures ......................................................

1
4
4
1
1
16

1
1
5
5
5
3
1 ...................
1 ...................
20
16

99.9

Total new obligations ................................................

2002 actual

Identification code 20–0123–0–1–376

2003 est.

2004 est.

00.01

Obligations by program activity:
Administrative Expenses ................................................ ...................

10.00

Total new obligations ................................................ ...................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................ ...................
Total new obligations .................................................... ...................

8
¥8

9
¥9

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation, P.L. 107–297 ..................................... ...................

73.10
73.20

Change in obligated balances:
Total new obligations .................................................... ...................
Total outlays (gross) ...................................................... ...................

8
¥7

9
¥8

86.97
86.98

Outlays (gross), detail:
Outlays from new mandatory authority ......................... ...................
7
Outlays from mandatory balances ................................ ................... ...................

7
1

Personnel Summary
2002 actual

Identification code 20–0108–0–1–803

1001

Direct:
Total compensable workyears: Civilian full-time equivalent employment ......................................................

2003 est.

2004 est.

EXPANDED ACCESS

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0121–0–1–808

Obligations by program activity:
00.01 Expanded access to financial services .........................
VerDate Dec 13 2002

15:40 Jan 23, 2003

87.00

Total outlays (gross) ................................................. ...................

89.00
90.00

8
7

9
8

FINANCIAL SERVICES

Jkt 193833

9
PO 00000

2003 est.

2004 est.

Frm 00005

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On November 26, 2002, President Bush signed into law
the Terrorism Risk Insurance Act of 2002 (P.L. 107–297).
The Act establishes and provides mandatory funding for a
Sfmt 3616

E:\BUDGET\TRE.XXX

TRE

770

DEPARTMENTAL OFFICES—Continued

THE BUDGET FOR FISCAL YEAR 2004
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

¥229
59

¥238
52

¥221
52

New budget authority (gross), detail:
Mandatory:
60.20
Appropriation (special fund) .....................................

178

221

72.40
73.10
73.20
73.45
74.40

190
229
¥242
¥20
157

86.97
86.98

Outlays (gross), detail:
Outlays from new mandatory authority .........................
Outlays from mandatory balances ................................

178
64

182
33

199
22

87.00

Total outlays (gross) .................................................

242

215

221

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

178
242

221
215

221
221

175

132

280

132

280

23.95
24.40

TERRORISM INSURANCE PROGRAM—Continued

temporary Terrorism Insurance Program to be administered
by the Department of the Treasury. Under the program, the
Federal Government is responsible for paying 90 percent of
the insured losses arising from acts of terrorism above the
applicable insurer deductible and below the $100 billion annual cap.
The budget 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, which is scheduled to sunset on
December 31, 2005. Any such claims would be paid from
permanent, indefinite authority and would not require subsequent appropriations.
Object Classification (in millions of dollars)
2002 actual

Identification code 20–0123–0–1–376

2003 est.

2004 est.

11.1
25.1

Direct obligations:
Personnel compensation: Full-time permanent ........ ...................
Advisory and assistance services ............................. ...................

1
7

99.0
99.5

Direct obligations .................................................. ...................
8
Below reporting threshold .............................................. ................... ...................

8
1

99.9

Total new obligations ................................................ ...................

157
170
238
221
¥215
¥221
¥10 ...................
170
170

92.01

Summary of Budget Authority and Outlays
(in millions of dollars)

Personnel Summary
2002 actual

Identification code 20–0123–0–1–376

2003 est.

Direct:
1001 Total compensable workyears: Civilian full-time equivalent employment ...................................................... ...................

2004 est.

Total:
Budget Authority .....................................................................
Outlays ....................................................................................

TREASURY FORFEITURE FUND
Unavailable Collections (in millions of dollars)
2002 actual

Identification code 20–5697–0–2–751

Enacted/requested:
2002 actual
2003 est.
Budget Authority .....................................................................
178
221
Outlays ....................................................................................
242
215
Legislative proposal, subject to PAYGO:
Budget Authority ..................................................................... .................... ....................
Outlays .................................................................................... .................... ....................

2003 est.

2004 est.

01.99

Balance, start of year .................................................... ................... ................... ...................
Receipts:
Receipts:
02.00
Forfeited cash and proceeds from the sale of forfeited property .......................................................
172
213
213
02.00
Forfeited cash and proceeds from the sale of forfeited property ....................................................... ................... ...................
¥213
Offsetting receipts (intragovernmental):
02.40
Earnings on investments ..........................................
6
8
8
02.40
Earnings on investments .......................................... ................... ...................
¥8
Total receipts and collections ...................................
178
221 ...................
Appropriations:
Appropriations:
05.00
Department of the Treasury forfeiture fund .............
¥178
¥221
¥221
05.00
Department of the Treasury forfeiture fund ............. ................... ...................
221

07.99

Total appropriations ..................................................

¥178

¥221 ...................

Balance, end of year ..................................................... ................... ................... ...................

221
221
–221
–221

221 ....................
215 ....................

Public Law 102–393 authorized the establishment of the
Treasury Forfeiture Fund. It is available to pay or reimburse
certain costs and expenses related to seizures and forfeitures
that occur pursuant to the Treasury Department’s law enforcement activities. The Coast Guard also participates in
the program. The Treasury Forfeiture Fund is being transferred to the Department of Justice Asset Forfeiture Fund
in 2004. Proposed legislation to effect this transfer will follow.
The following performance measurements are provided in
compliance with the Government Performance and Results
Act of 1993 (GPRA).

02.99

05.99

178
242

2004 est.

Object Classification (in millions of dollars)
2002 actual

Identification code 20–5697–0–2–751

2003 est.

2004 est.

25.2
41.0

Other services ................................................................
Grants, subsidies, and contributions ............................

151
78

163
75

146
75

99.9

Total new obligations ................................................

229

238

221

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–5697–0–2–751

2003 est.

TREASURY FORFEITURE FUND

2004 est.

(Legislative proposal, subject to PAYGO)

Obligations by program activity:
00.01 Asset forfeiture fund ......................................................

229

238

221

10.00

Total new obligations ................................................

229

238

221

Identification code 20–5697–4–2–751

21.40
22.00
22.10

90
178

59
221

52
221

00.01

Obligations by program activity:
Asset forfeiture fund ...................................................... ................... ...................

¥221

10.00

Total new obligations ................................................ ................... ...................

¥221

22.00

Budgetary resources available for obligation:
New budget authority (gross) ........................................ ................... ...................

¥221

23.90

Total budgetary resources available for obligation

VerDate Dec 13 2002

15:40 Jan 23, 2003

Jkt 193833

20
288
PO 00000

Program and Financing (in millions of dollars)
2002 actual

2003 est.

2004 est.

10 ...................
290

273

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TRE

DEPARTMENTAL OFFICES—Continued

DEPARTMENT OF THE TREASURY
22.21

Unobligated balance transferred to other accounts ................... ...................

¥52

23.90
23.95
24.40

Total budgetary resources available for obligation ................... ...................
Total new obligations .................................................... ................... ...................
Unobligated balance carried forward, end of year ....... ................... ...................

¥273
221
¥52

New budget authority (gross), detail:
Mandatory:
60.20
Appropriation (special fund) ..................................... ................... ...................

¥221

73.10
73.20
73.31
74.40

Change in obligated balances:
Total new obligations ....................................................
Total outlays (gross) ......................................................
Obligated balance transferred to other accounts .........
Obligated balance, end of year .....................................

...................
...................
...................
...................

¥221
221
¥170
¥170

86.97
86.98

Outlays (gross), detail:
Outlays from new mandatory authority ......................... ................... ...................
Outlays from mandatory balances ................................ ................... ...................

¥199
¥22

87.00

Total outlays (gross) ................................................. ................... ...................

¥221

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................ ................... ...................
Outlays ........................................................................... ................... ...................

¥221
¥221

...................
...................
...................
...................

Object Classification (in millions of dollars)
2002 actual

Identification code 20–5697–4–2–751

2003 est.

2004 est.

25.2
41.0

Other services ................................................................ ................... ...................
Grants, subsidies, and contributions ............................ ................... ...................

¥146
¥75

99.9

Total new obligations ................................................ ................... ...................

¥221

PRESIDENTIAL ELECTION CAMPAIGN FUND

90.00

Outlays ........................................................................... ...................

2002 actual

2003 est.

SALLIE MAE ASSESSMENTS

2004 est.

Balance, start of year .................................................... ................... ................... ...................
Receipts:
02.00 Presidential election campaign fund ............................
67
67
67
Appropriations:
05.00 Presidential election campaign fund ............................
¥67
¥67
¥67
Balance, end of year ..................................................... ................... ................... ...................

Program and Financing (in millions of dollars)

Unavailable Collections (in millions of dollars)

00.01
00.02
00.03
10.00

21.40
22.00
23.90
23.95
24.40

Obligations by program activity:
Matching Funds in Primaries ........................................ ................... ...................
Nominating conventions for parties .............................. ...................
29
General Elections ........................................................... ................... ...................

2004 est.

01.99

Balance, start of year .................................................... ................... ................... ...................
Receipts:
02.00 Sallie Mae assessments ................................................ ...................
1
1
Appropriations:
05.00 Sallie Mae assessments ................................................ ...................
¥1
¥1
Balance, end of year ..................................................... ................... ................... ...................

2004 est.

Program and Financing (in millions of dollars)
Identification code 20–5407–0–2–808

218

00.01

Obligations by program activity:
Direct program activity .................................................. ...................

10.00

Total new obligations (object class 99.5) ................ ...................

72
67

140
67

178
67

Total budgetary resources available for obligation
139
Total new obligations .................................................... ...................
Unobligated balance carried forward, end of year .......
140

207
¥29
178

245
¥218
27

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year ................... ...................
New budget authority (gross) ........................................ ...................
1

1
1

29
¥29

218
¥218

Total new obligations (object class 41.0) ................ ...................
Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

Outlays (gross), detail:
86.97 Outlays from new mandatory authority ......................... ................... ...................
86.98 Outlays from mandatory balances ................................ ...................
29

67
151

87.00

218

Frm 00007

Fmt 3616

89.00

2003 est.

66
1
151

New budget authority (gross), detail:
Mandatory:
60.20
Appropriation (special fund) .....................................

73.10
73.20

2003 est.

2002 actual

Identification code 20–5407–0–2–808

07.99
2002 actual

Identification code 20–5081–0–2–808

218

01.99

07.99

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 2000,
both parties received $13.5 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 2000, this amounted to $67.6 million for each
candidate.
Also, provision is made for new parties, minor parties and
candidates, who may receive in excess of 5 percent of the
popular vote and therefore be entitled to reimbursement of
qualified campaign expenditures.

Unavailable Collections (in millions of dollars)
Identification code 20–5081–0–2–808

771

Total outlays (gross) ................................................. ...................
Net budget authority and outlays:
Budget authority ............................................................

VerDate Dec 13 2002

15:40 Jan 23, 2003

Jkt 193833

21.40
22.00
23.90
23.95
24.40

PO 00000

2003 est.

2004 est.

Total budgetary resources available for obligation ...................
Total new obligations .................................................... ...................
Unobligated balance carried forward, end of year ....... ...................

1
¥1
1

2
¥1
1

New budget authority (gross), detail:
Discretionary:
40.20
Appropriation (special fund) ..................................... ...................

73.10
73.20

1
¥1

1
¥2

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
1
Outlays from discretionary balances ............................. ................... ...................

1
1

87.00
67

2002 actual

Sfmt 3643

Total outlays (gross) ................................................. ...................
E:\BUDGET\TRE.XXX

TRE

772

DEPARTMENTAL OFFICES—Continued

THE BUDGET FOR FISCAL YEAR 2004

SALLIE MAE ASSESSMENTS—Continued
Program and Financing (in millions of dollars)—Continued
2002 actual

Identification code 20–5407–0–2–808

89.00
90.00

2003 est.

2004 est.

1
1

1
2

The Secretary of the Treasury is authorized by the Higher
Education Act of 1965, as amended to collect from the Student
Loan Marketing Association 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.
Personnel Summary
2002 actual

Identification code 20–5407–0–2–808

Direct:
1001 Total compensable workyears: Civilian full-time equivalent employment ......................................................

2003 est.

2004 est.

Public enterprise funds:
EXCHANGE STABILIZATION FUND
Program and Financing (in millions of dollars)
2002 actual

Identification code 20–4444–0–3–155

2003 est.

2004 est.

01.01

Obligations by program activity:
Direct Program Activity ..................................................

211

215

226

10.00

Total new obligations ................................................

211

215

226

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year:
21.40
Unobligated balance carried forward, start of year
(Special drawing rights) .......................................
22,829
23,138
23,444
21.40
Unobligated balance carried forward, start of year
(Fund balance) ...................................................... ................... ................... ...................
21.40
Unobligated balance carried forward, start of year
(US Securities) ...................................................... ................... ................... ...................
22.00 New budget authority (gross) ........................................
520
521
547
23.90
23.95
24.40
24.40
24.40

Total budgetary resources available for obligation
23,349
23,659
23,991
Total new obligations ....................................................
¥211
¥215
¥226
Unobligated balance carried forward, end of year:
Unobligated balance carried forward, end of year
23,138
23,444
23,765
Unobligated balance carried forward, end of year
(Fund Balance) ..................................................... ................... ................... ...................
Unobligated balance carried forward, end of year
(US Securities) ...................................................... ................... ................... ...................

New budget authority (gross), detail:
Mandatory:
69.00
Offsetting collections (cash) .....................................

520

521

547

Change in obligated balances:
72.40 Obligated balance, start of year ...................................
13,924
14,135
14,350
73.10 Total new obligations ....................................................
211
215
226
73.20 Total outlays (gross) ...................................................... ................... ................... ...................
74.40 Obligated balance, end of year .....................................
14,135
14,350
14,576
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.20
Interest on Federal securities ...............................
88.40
Interest on foreign investments ...........................

¥184
¥336

¥184
¥337

¥193
¥354

88.90

¥520

¥521

¥547

Total, offsetting collections (cash) ..................

15:40 Jan 23, 2003

Jkt 193833

PO 00000

Frm 00008

Fmt 3616

10,014

9,717

10,202

9,717

10,202

10,713

The Secretary of the Treasury is authorized to deal in gold
and foreign exchange and other instruments of credit and
securities as deemed 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 a 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 have been profits
on foreign exchange transactions and earnings on investments
held by the fund, including interest earned on fund holdings
of U.S. Government securities.
The amounts reflected in the 2002 and 2003 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, exchange rate fluctuations can cause
the dollar value of income received on foreign currency and
SDR investments to fluctuate. Moreover, estimates make no
attempt to forecast gains or losses reflecting SDR valuation
or foreign currency valuation. As required by Public Law 95–
612, the fund is not used to meet the administrative expenses.
Statement of Operations (in millions of dollars)
Identification code 20–4444–0–3–155

2001 actual

2002 actual

0101
0102

Revenue ...................................................
Expense ....................................................

342
..................

1,504
–312

1,579
–328

1,658
–344

0105

Net income or loss (–) ............................

342

1,192

1,251

1,314

2003 est.

2004 est.

Balance Sheet (in millions of dollars)
Identification code 20–4444–0–3–155

2001 actual

2002 actual

2003 est.

2004 est.

10,014
2

9,717
..................

10,202
..................

10,713
..................

16,848
120

17,691
126

ASSETS:
Federal assets:
Investments in US securities:
1102
Treasury securities, par ..................
1106
Receivables, net .............................
Non-Federal assets:
1201
Foreign Currency Investments ............
1206
Receivables, net ..................................
1801 Other Federal assets: Cash and other
monetary assets ..................................

15,294
65

16,046
118

10,979

11,710

11,800

11,900

1999

36,354

37,591

38,970

40,430

Total assets ........................................
LIABILITIES:
2207 Non-Federal liabilities: Other ..................

8,660

8,705

9,140

9,597

8,660

8,705

9,140

9,597

200
27,494

200
28,686

200
29,630

200
30,633

Total net position ................................

27,694

28,886

29,830

30,833

Total liabilities and net position ............

36,354

37,591

38,970

40,430

2999

Net budget authority and outlays:
89.00 Budget authority ............................................................ ................... ................... ...................
90.00 Outlays ...........................................................................
¥520
¥521
¥547
VerDate Dec 13 2002

Memorandum (non-add) entries:
Total investments, start of year: Federal securities:
Par value:
92.01
Total investments, start of year: Federal securities:
Par value ...............................................................
Total investments, end of year: Federal securities:
Par value:
92.02
Total investments, end of year: Federal securities:
Par value ...............................................................

Total liabilities ....................................
NET POSITION:
3100 Appropriated capital ................................
3300 Cumulative results of operations ............
3999
4999

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TRE

DEPARTMENTAL OFFICES—Continued

DEPARTMENT OF THE TREASURY
99.9

Intragovernmental funds:

Total new obligations ................................................

322

773
289

294

WORKING CAPITAL FUND
Personnel Summary

Program and Financing (in millions of dollars)

2002 actual

Identification code 20–4501–0–4–803
2002 actual

Identification code 20–4501–0–4–803

2003 est.

2004 est.

09.10
09.11

Obligations by program activity:
Working capital fund .....................................................
Administrative overhead ................................................

312
10

279
10

283
11

10.00

Total new obligations ................................................

322

289

294

Reimbursable:
2001 Total compensable workyears: Civilian full-time equivalent employment ......................................................

283

327

322

TREASURY FRANCHISE FUND
Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year
22.00 New budget authority (gross) ........................................
22.10 Resources available from recoveries of prior year obligations .......................................................................
23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

New budget authority (gross), detail:
Mandatory:
69.00
Offsetting collections (cash) .....................................
69.10
Change in uncollected customer payments from
Federal sources (unexpired) ..................................
69.90

Spending authority from offsetting collections
(total mandatory) .............................................

Change in obligated balances:
Obligated balance, start of year ...................................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Recoveries of prior year obligations ..............................
Change in uncollected customer payments from Federal sources (unexpired) ............................................
74.40 Obligated balance, end of year .....................................
72.40
73.10
73.20
73.45
74.00

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

30
278

27
289

349
¥322
27

316
¥289
27

308

289

321
¥294
27

294

¥30 ................... ...................
278

289

294

159
190
190
322
289
294
¥278
¥289
¥294
¥41 ................... ...................
30 ................... ...................
190
190
190

289

26.0
31.0

VerDate Dec 13 2002

15:40 Jan 23, 2003

¥308

¥289

¥294

30 ................... ...................

2002 actual

Jkt 193833

2004 est.

Obligations by program activity:
Reimbursable program ..................................................

333

351

388

10.00

Total new obligations ................................................

333

351

388

104
354

139
347

139
384

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

New budget authority (gross), detail:
Spending authority from offsetting collections:
Discretionary:
68.00
Offsetting collections (cash) ................................
68.10
Change in uncollected customer payments from
Federal sources (unexpired) .............................

2003 est.

2004 est.

22
5
1
3
5
16
37

26
6
1
1
11
12
162

27
6
1
1
11
12
167

205
1
27

52
2
16

52
2
15

Frm 00009

Fmt 3616

PO 00000

Spending authority from offsetting collections
(total discretionary) .....................................

294

Object Classification (in millions of dollars)

Personnel compensation: Full-time permanent .............
Civilian personnel benefits ............................................
Travel and transportation of persons ............................
Rental payments to GSA ................................................
Communications, utilities, and miscellaneous charges
Advisory and assistance services ..................................
Other services ................................................................
Other purchases of goods and services from Government accounts ...........................................................
Supplies and materials .................................................
Equipment ......................................................................

2003 est.

09.01

68.90
278

Central services in the Department of the Treasury working
capital fund include: telecommunications, printing, reproduction, computer support/usage, personnel/payroll, automated financial management systems, training, centralized short-term
management assistance, procurement information, information technology services, public education, an environmental
health and safety program, and printing procurement 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.

11.1
12.1
21.0
23.1
23.3
25.1
25.2
25.3

2002 actual

Identification code 20–4560–0–4–803

41 ................... ...................

Identification code 20–4501–0–4–803

Program and Financing (in millions of dollars)

27
294

15
4
4
¥1 ................... ...................
472
¥333
139

490
¥351
139

527
¥388
139

323

353

390

¥6

354

347

384

¥49
333
¥312
¥15

¥74
351
¥342
¥4

¥63
388
¥379
¥4

¥31
¥74

6
¥63

6
¥52

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

162
150

302
40

334
45

87.00

Total outlays (gross) .................................................

312

342

379

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00
Federal sources .....................................................
88.40
Non-Federal sources .............................................

¥322
¥353
¥390
¥1 ................... ...................

88.90

¥323

¥353

¥390

¥31

88.95

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................ ................... ................... ...................
Outlays ...........................................................................
¥11
¥11
¥11

Department of the Treasury was chosen as a pilot Franchise Fund under P.L. 103–356, the Government Management
and Reform Act of 1994. Begun in 1997, financial and administrative services included in the Franchise Fund (Fund) are
financed on a fee-for-service basis. Treasury’s Fund is a revolving fund used to supply financial and administrative services on the basis of services supplied. For 2004, service activities are expected to have spending authority of $384 million
and employ 543 people.
Sfmt 3616

E:\BUDGET\TRE.XXX

TRE

774

DEPARTMENTAL OFFICES—Continued

THE BUDGET FOR FISCAL YEAR 2004

Intragovernmental funds—Continued
TREASURY FRANCHISE FUND—Continued

Activities included in the Fund are financial training, accounting cross-servicing, and various administrative support
services. The Fund concept is intended to increase competition
for government and financial administrative services, resulting in lower costs and higher quality.
Object Classification (in millions of dollars)
2002 actual

Identification code 20–4560–0–4–803

2003 est.

2004 est.

Personnel compensation: Full-time permanent .............
Civilian personnel benefits ............................................
Travel and transportation of persons ............................
Communications, utilities, and miscellaneous charges
Printing and reproduction ..............................................
Other services ................................................................
Supplies and materials .................................................
Equipment ......................................................................

27
7
1
3
3
285
1
6

30
9
1
3
4
297
1
6

30
9
1
3
4
334
1
6

99.9

Total new obligations ................................................

333

351

388

Personnel Summary
2002 actual

2001

Reimbursable:
Total compensable workyears: Civilian full-time equivalent employment ......................................................

2003 est.

473

2004 est.

530

Outlays from discretionary balances .............................
Outlays from new mandatory authority .........................

3
172

4
2
500 ...................

87.00

Total outlays (gross) .................................................

175

509

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

172
175

506
509

3
5

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
2002 actual

Identification code 20–0122–0–1–402

11.1
12.1
21.0
23.3
24.0
25.2
26.0
31.0

Identification code 20–4560–0–4–803

86.93
86.97

543

Guaranteed loan levels supportable by subsidy budget
authority:
215001 Airline loan guarantees .................................................

2003 est.

2004 est.

429

1,433 ...................

429

1,433 ...................

40.11

26.94 ...................

232901 Weighted average subsidy rate .....................................
Guaranteed loan subsidy budget authority:
233001 Airline loan guarantees .................................................

40.11

26.94 ...................

172

386 ...................

233901 Total subsidy budget authority ......................................
Guaranteed loan subsidy outlays:
234001 Airline loan guarantees .................................................

172

386 ...................

172

386 ...................

234901 Total subsidy outlays .....................................................
172
Guaranteed loan upward reestimate subsidy budget authority:
235001 Airline loan guarantees ................................................. ...................

386 ...................

215901 Total loan guarantee levels ...........................................
Guaranteed loan subsidy (in percent):
232001 Airline loan guarantees .................................................

114 ...................

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), $2,538,000,
to remain until expended.
Note.—A regular 2003 appropriation for this account had not been enacted at the time
the budget was prepared; therefore, this account is operating under a continuing resolution
(P.L. 107–229, as amended). The amounts included for 2003 in this budget reflect the
Administration’s 2003 policy proposals.

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0122–0–1–402

2003 est.

10.00

506

Total new obligations ................................................

179

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year ...................
2
2
New budget authority (gross) ........................................
172
506
3
Unobligated balance transferred from other accounts
9 ................... ...................
Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

181
¥179
2

508
¥506
2

5
¥3
2

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ...................
Mandatory:
60.00
Appropriation .............................................................
172

500 ...................

70.00

506

Total new budget authority (gross) ..........................

172

72.40
73.10
73.20
74.40

Change in obligated balances:
Obligated balance, start of year ................................... ...................
Total new obligations ....................................................
179
Total outlays (gross) ......................................................
¥175
Obligated balance, end of year .....................................
4

86.90

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................

VerDate Dec 13 2002

15:40 Jan 23, 2003

114 ...................

236901 Total upward reestimate subsidy outlays ..................... ...................

114 ...................

Administrative expense data:
351001 Budget authority ............................................................
9
358001 Outlays from balances ...................................................
3
359001 Outlays from new authority ........................................... ...................

6 ...................
4 ...................
6 ...................

On September 22, 2001, President Bush signed into law
the Air Transportation Safety and System Stabilization Act,
P.L. 107–42. The Act establishes the Air Transportation Stabilization Board. The Board may issue up to $10 billion in
loan guarantees.
Object Classification (in millions of dollars)

386 ...................
113 ...................
1 ...................
6
3

23.90
23.95
24.40

114 ...................

2004 est.

Obligations by program activity:
00.02 Loan guarantee subsidy ................................................
172
00.07 Reestimates of loan guarantee subsidy ........................ ...................
00.08 Interest on reestimates of loan guarantee subsidy ...................
00.09 Administrative expenses ................................................
7

21.40
22.00
22.22

235901 Total upward reestimate budget authority .................... ...................
Guaranteed loan upward reestimate subsidy outlays:
236001 Airline loan guarantees ................................................. ...................

Jkt 193833

PO 00000

4
1
506
3
¥509
¥5
1 ...................

Frm 00010

Fmt 3616

2002 actual

Identification code 20–0122–0–1–402

11.1
25.2
41.0

Direct obligations:
Personnel compensation: Full-time permanent ........
Other services ............................................................
Grants, subsidies, and contributions ........................

99.0
99.5

Direct obligations ..................................................
179
Below reporting threshold .............................................. ...................

99.9

Total new obligations ................................................

1
6
172

179

2003 est.

2004 est.

1
1
4
1
500 ...................
505
1

2
1

506

Personnel Summary
2002 actual

Identification code 20–0122–0–1–402

Direct:
1001 Total compensable workyears: Civilian full-time equivalent employment ......................................................

2003 est.

2004 est.

AIR TRANSPORTATION STABILIZATION GUARANTEED LOAN FINANCING
ACCOUNT
Program and Financing (in millions of dollars)
2002 actual

Identification code 20–4286–0–3–402

00.02

Obligations by program activity:
Claim payments ............................................................. ...................

Sfmt 3643

E:\BUDGET\TRE.XXX

TRE

2003 est.

495

2004 est.

105

DEPARTMENTAL OFFICES—Continued

DEPARTMENT OF THE TREASURY
10.00

Total new obligations ................................................ ...................

495

105

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year ...................
New financing authority (gross) ....................................
197

197
529

231
50

23.90
23.95
24.40

Total budgetary resources available for obligation
197
Total new obligations .................................................... ...................
Unobligated balance carried forward, end of year .......
197

726
¥495
231

281
¥105
176

New financing authority (gross), detail:
Mandatory:
Authority to borrow .................................................... ...................
10 ...................
Offsetting collections (cash):
69.00
Offsetting collections (cash) .....................................
172
500 ...................
69.00
Offsetting collections (cash) .....................................
25
10
9
69.00
Offsetting collections (cash) ..................................... ................... ...................
33
69.00
Offsetting collections (cash) ..................................... ...................
9
8
67.10

69.90
70.00

Balance Sheet (in millions of dollars)
Identification code 20–4286–0–3–402

Spending authority from offsetting collections (total
mandatory) ............................................................

197

519

Total new financing authority (gross) ......................

197

529

1599

in obligated balances:
new obligations .................................................... ...................
financing disbursements (gross) ......................... ...................
financing disbursements (gross) ......................... ...................

495
¥495
495

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00
Federal sources .....................................................
¥172
88.25
Interest on uninvested funds ............................... ...................
88.40
Non-Federal sources .............................................
¥25
88.90

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.

ASSETS:
Federal assets: Fund balances with
Treasury ...............................................
Net value of assets related to post–
1991 acquired defaulted guaranteed loans receivable:
1501
Defaulted guaranteed loans receivable, gross ......................................
1505
Allowance for subsidy cost (–) ...........

Change
73.10 Total
73.20 Total
87.00 Total

Total, offsetting collections (cash) ..................

105
¥105
105

¥500 ...................
¥9
¥8
¥10
¥42

¥197

¥519

775

2001 actual

2002 actual

2003 est.

2004 est.

..................

301

231

176

..................
..................

495
–464

105
–87

..................

301

262

194

..................

1101

Net present value of assets related
to defaulted guaranteed loans

1999

Total assets ........................................
LIABILITIES:
2104 Federal liabilities: Resources payable to
Treasury ...............................................
2204 Non-Federal liabilities: Liabilities for
loan guarantees ..................................

..................

301

252

194

2999

Total liabilities ....................................

..................

301

262

194

4999

Total liabilities and net position ............

..................

301

262

194

¥50

COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS
Net financing authority and financing disbursements:
89.00 Financing authority ........................................................ ...................
90.00 Financing disbursements ...............................................
¥197

10 ...................
¥24
55

Status of Guaranteed Loans (in millions of dollars)
2002 actual

Identification code 20–4286–0–3–402

2003 est.

2004 est.

Position with respect to appropriations act limitation
on commitments:
2111 Limitation on guaranteed loans made by private lenders ..............................................................................
10,000 ................... ...................
2121 Limitation available from carry-forward ....................... ...................
9,571
8,138
2143 Uncommitted limitation carried forward .......................
¥9,571
¥8,138
¥8,138
2150
2199

2210
2231
2251
2261

Total guaranteed loan commitments ........................
Guaranteed amount of guaranteed loan commitments

1,433 ...................
1,361 ...................

Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year ............................................. ...................
429
1,367
Disbursements of new guaranteed loans ......................
429
1,433 ...................
Repayments and prepayments ...................................... ................... ...................
¥165
Adjustments: Terminations for default that result in
loans receivable ........................................................ ...................
¥495
¥105

2290

Outstanding, end of year ..........................................

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

Addendum:
Cumulative balance of defaulted guaranteed loans
that result in loans receivable:
2310
Outstanding, start of year ........................................
2331
Disbursements for guaranteed loan claims .............
2351
Repayments of loans receivable ...............................
2361
Write-offs of loans receivable ...................................
2390

429
380

429

1,367

1,097

380

1,230

Jkt 193833

Program and Financing (in millions of dollars)

................... ...................
...................
495
................... ...................
................... ...................
495

987

495
105
¥33
¥462
105

Numbers shown for 2003 include estimates for loan guarantees that have received either conditional or final approval.
This presentation should not be construed as prejudging the
outcome of the Air Transportation Stabilization Board’s deliberations. The Board does not anticipate making any new loan
guarantees in 2004.
15:40 Jan 23, 2003

2002 actual

Identification code 20–1881–0–1–451

Outstanding, end of year ...................................... ...................

VerDate Dec 13 2002

FUND PROGRAM ACCOUNT
To carry out the Community Development Banking and Financial
Institutions Act of 1994, 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, $51,000,000, to remain available
until September 30, 2005, of which $3,000,000 shall be for financial
and technical assistance and training programs designed to benefit
Native American, Native Hawaiian, and Alaskan Native communities,
and up to $13,000,000 may 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.

PO 00000

Frm 00011

Fmt 3616

00.01
00.05
00.10
00.11
00.12
00.13
00.14

Obligations by program activity:
Direct loan subsidy ........................................................
3
Restimate of direct loan subsidy .................................. ...................
General administrative expenses ...................................
11
Bank enterprise awards program ..................................
23
Financial Assistance ......................................................
37
Technical Assistance .....................................................
3
Native American/Hawaiian Program ..............................
3

2003 est.

2004 est.

2
2
1 ...................
11
13
17
8
28
22
10
3
5
3

10.00

Total new obligations ................................................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

4
80

5 ...................
69
51

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

Sfmt 3643

E:\BUDGET\TRE.XXX

TRE

84
74
51
¥80
¥74
¥51
5 ................... ...................

776

DEPARTMENTAL OFFICES—Continued

THE BUDGET FOR FISCAL YEAR 2004

Credit accounts—Continued
COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS—Continued
FUND PROGRAM ACCOUNT—Continued

Direct loan downward reestimate subsidy outlays:
138001 Community Development Financial Institutions Direct
Loan ........................................................................... ...................

¥1 ...................

138901 Total downward reestimate subsidy outlays ................. ...................

¥1 ...................

Program and Financing (in millions of dollars)—Continued
2002 actual

Identification code 20–1881–0–1–451

2003 est.

2004 est.

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
80
68
51
Mandatory:
60.00
Appropriation ............................................................. ...................
1 ...................
Discretionary:
68.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................
1 ................... ...................
70.00

Total new budget authority (gross) ..........................

72.40
73.10
73.20
73.40
74.40

86.90
86.93
86.97

Outlays (gross), detail:
Outlays from new discretionary authority .....................
16
Outlays from discretionary balances .............................
122
Outlays from new mandatory authority ......................... ...................

87.00

Total outlays (gross) .................................................

Offsets:
Against gross budget authority and outlays:
88.40
Offsetting collections (cash) from: Non-Federal
sources ..................................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

173
114
79
80
74
51
¥138
¥109
¥59
¥2 ................... ...................
114
79
71

138

9
7
99
52
1 ...................
109

¥1 ................... ...................

79
136

69
109

51
59

The Riegle Community Development and Regulatory Improvement Act of 1994 established the Community Development Financial Institutions (CDFI) Fund. The CDFI Fund
provides equity investments, grants, loans, and technical assistance to new and existing community development financial institutions (CDFIs) such as community development
banks, community development credit unions, community development loan and venture capital funds, and microenterprise loan funds. Funds provided by the CDFI Fund will
enhance the capacity of these institutions to finance economic
development, including small businesses, community facilities,
housing, and other community development initiatives in distressed urban, rural, Native American, Native Hawaiian, and
Alaska Native communities. The CDFI Fund also provides
grants to insured depository institutions to facilitate investment in CDFIs and increase community lending activities.
In addition, the CDFI Fund administers the New Markets
Tax Credit Program by providing allocations of tax credits
to Community Development Entities (CDEs) which in turn
provide the tax credits to entities which invest in the CDEs.
The Fund is seeking reauthorization of its activities under
the Community Development Banking and Financial Institutions Act.
The CDFI Fund helps to address the urgent problems of
declining economic and social infrastructure, loss of jobs, lack
of private enterprise, and deteriorating housing facing many
American communities today. Government investment and
technical assistance supplements private funds and expertise
to ensure that CDFIs are effective in restoring and creating
healthy economies.
PERFORMANCE MEASURES

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
2002 actual

Identification code 20–1881–0–1–451

Direct loan levels supportable by subsidy budget authority:
115001 Community Development Financial Institutions Program Financial Assistance Component- Direct
Loans .........................................................................

2003 est.

2002 actual

Number of CDFIs selected to receive financial assistance (includes Core, and SECA) ..........................................................
Number of organizations that receive technical assistance ......

2004 est.

38.44

36.94

34.37

132901 Weighted average subsidy rate .....................................
Direct loan subsidy budget authority:
133001 Community Development Financial Institutions Direct
Loan ...........................................................................

38.44

36.94

34.37

99.9

133901 Total subsidy budget authority ......................................
Direct loan subsidy outlays:
134001 Community Development Financial Institutions Direct
Loan ...........................................................................

134901 Total subsidy outlays .....................................................
3
Direct loan upward reestimate subsidy budget authority:
135001 Community Development Financial Institutions Direct
Loan ........................................................................... ...................

135901 Total upward reestimate budget authority .................... ...................
Direct loan upward reestimate subsidy outlays:
136001 Community Development Financial Institutions Direct
Loan ........................................................................... ...................

1 ...................

N/A
N/A

1 ...................

137901 Total downward reestimate budget authority ............... ...................

¥1 ...................

2004 est.

4
1
1
5
69

5
1
1
4
63

5
1
1
6
38

Total new obligations ................................................

Personnel Summary
2002 actual

Identification code 20–1881–0–1–451

1001

Direct:
Total compensable workyears: Civilian full-time equivalent employment ......................................................

2003 est.

2004 est.

COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND DIRECT
LOAN FINANCING ACCOUNT

00.01
08.02

Frm 00012

Fmt 3616

2002 actual

Identification code 20–4088–0–3–451

1 ...................

Obligations by program activity:
Direct loans ....................................................................
8
Payment of a downward reestimate to a receipt account .......................................................................... ...................

10.00
PO 00000

2003 est.

Personnel compensation: Full-time permanent .............
Civilian personnel benefits ............................................
Rental payments to GSA ................................................
Other services ................................................................
Grants, subsidies, and contributions ............................

Program and Financing (in millions of dollars)

¥1 ...................

Jkt 193833

N/A
N/A

1 ...................

136901 Total upward reestimate outlays ................................... ...................
Direct loan downward reestimate subsidy budget authority:
137001 Community Development Financial Institutions Direct
Loan ........................................................................... ...................

15:40 Jan 23, 2003

2002 actual

Identification code 20–1881–0–1–451

VerDate Dec 13 2002

2004 est.

Object Classification (in millions of dollars)

11.1
12.1
23.1
25.2
41.0

115901 Total direct loan levels ..................................................
Direct loan subsidy (in percent):
132001 Community Development Financial Institutions Direct
Loan ...........................................................................

74
119

2003 est.

Sfmt 3643

Total new obligations ................................................
E:\BUDGET\TRE.XXX

TRE

2003 est.

2004 est.

1 ...................
6

DEPARTMENTAL OFFICES—Continued
Trust Funds

DEPARTMENT OF THE TREASURY

22.00
22.70

Budgetary resources available for obligation:
New financing authority (gross) ....................................
Balance of authority to borrow withdrawn ....................

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

1499

Net present value of assets related
to direct loans ...........................

10
7
7
¥1 ................... ...................

Total assets ........................................
LIABILITIES:
2103 Federal liabilities: Debt ...........................

2999

Total liabilities ....................................
NET POSITION:

1999

New financing authority (gross), detail:
Discretionary:
47.00
Authority to borrow ....................................................
Spending authority from offsetting collections:
68.00
Offsetting collections (cash) .....................................
68.10
Change in uncollected customer payments from
Federal sources (unexpired) ..................................

9
¥8

7
¥6

7
¥5

3999

Total net position ................................

..................

4999

Total liabilities and net position ............

¥5 ................... ...................

68.90

Spending authority from offsetting collections
(total discretionary) ..........................................

70.00

Total new financing authority (gross) ......................

18
8
¥20

12
6
¥10

9
5
¥10

Change in obligated balances:
72.40 Obligated balance, start of year ...................................
73.10 Total new obligations ....................................................
73.20 Total financing disbursements (gross) .........................
74.00 Change in uncollected customer payments from Federal sources (unexpired) ............................................
74.40 Obligated balance, end of year .....................................
87.00 Total financing disbursements (gross) .........................
Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00
Federal sources .....................................................
Non-Federal sources:
88.40
Non-Federal sources Intrest repayments .........
88.40
Non-Federal sources—Principal ......................
88.90
88.95

Total, offsetting collections (cash) ..................
Against gross financing authority only:
Change in receivables from program accounts .......

Net financing authority and financing disbursements:
89.00 Financing authority ........................................................
90.00 Financing disbursements ...............................................

777

5 ................... ...................
12
9
6
20
10
10

¥3

¥2

¥5
¥2

¥1
¥1

¥2
¥1

¥10

¥5

5 ................... ...................

5
10

2
5

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.

Trust Funds
VIOLENT CRIME REDUCTION PROGRAMS
Program and Financing (in millions of dollars)
2002 actual

Identification code 20–8526–0–1–751

Obligations by program activity:
Direct program:
00.01
Departmental Offices ................................................
00.04
Bureau of Alcohol, Tobacco and Firearms ................
00.05
Customs Service ........................................................
00.06
Secret Service ............................................................
10.00

Total new obligations ................................................

21.40
22.00
22.10

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

1
3
8
1
13

2003 est.

2004 est.

2 ...................
3 ...................
16
16
1 ...................
22

46
38
16
¥1 ................... ...................
5 ................... ...................
50
¥13
38

38
16
¥22
¥16
16 ...................

New budget authority (gross), detail:
Discretionary:
40.73
Reduction pursuant to P.L. 107–206 .......................

¥1 ................... ...................

72.40
73.10
73.20
73.45
74.40

81
39
1
13
22
16
¥50
¥62
¥17
¥5 ................... ...................
39
1 ...................

86.93

Outlays (gross), detail:
Outlays from discretionary balances .............................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

Status of Direct Loans (in millions of dollars)
2002 actual

Identification code 20–4088–0–3–451

2003 est.

2004 est.

Position with respect to appropriations act limitation
on obligations:
1111 Limitation on direct loans .............................................

1150

Total direct loan obligations .....................................

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year .............................................
24
41
50
1231 Disbursements: Direct loan disbursements ...................
18
10
10
1251 Repayments: Repayments and prepayments .................
¥1
¥1
¥1
1263 Write-offs for default: Direct loans ............................... ................... ................... ...................
1290

Outstanding, end of year ..........................................

¥1 ................... ...................
50
62
17

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.
The VCRTF was authorized through 2000. Spending of prioryear appropriations continues.
Object Classification (in millions of dollars)

Balance Sheet (in millions of dollars)
2002 actual

Identification code 20–8526–0–1–751
Identification code 20–4088–0–3–451

ASSETS:
Investments in US securities:
1106
Federal assets: Receivables, net ........
Net value of assets related to post–
1991 direct loans receivable:
1401
Direct loans receivable, gross ............
1405
Allowance for subsidy cost (–) ...........
VerDate Dec 13 2002

15:40 Jan 23, 2003

2001 actual

2002 actual

2003 est.

2004 est.

..................

24
–9

Jkt 193833

41
–16
PO 00000

50
–18

59
–20

Frm 00013

Fmt 3616

12.1
25.2
25.3

2003 est.

2004 est.

1
4

26.0
31.0

Civilian personnel benefits ............................................
Other services ................................................................
Other purchases of goods and services from Government accounts ...........................................................
Supplies and materials .................................................
Equipment ......................................................................

5
1
2

12
1
2

9
1
2

99.9

Total new obligations ................................................

Sfmt 3643

E:\BUDGET\TRE.XXX

TRE

1 ...................
6
4

778

DEPARTMENTAL OFFICES—Continued
Federal Funds

THE BUDGET FOR FISCAL YEAR 2004

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 expenses of
non-Federal law enforcement personnel to attend meetings concerned
with 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, $57,571,000, of which not to exceed
$4,500,000 shall remain available until September 30, 2006; and of
which $8,152,000 shall remain available until September 30, 2005:
Provided, That funds appropriated in this account may be used to
procure personal services contracts.
Note.—A regular 2003 appropriation for this account had not been enacted at the time
the budget was prepared; therefore, this account is operating under a continuing resolution
(P.L. 107–229, as amended). The amounts included for 2003 in this budget reflect the
Administration’s 2003 policy proposals.

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0173–0–1–751

Obligations by program activity:
Investigative analysis, BSA administration, and international activities .....................................................
00.02 Regulatory support programs, including money services businesses .........................................................
09.01 Reimbursable program ..................................................

2003 est.

2004 est.

00.01

7
4

8
4

8
1

10.00

Total new obligations ................................................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

4
52

5
55

5
59

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

56
¥50
5

60
¥55
5

64
¥59
5

2 ................... ...................

Spending authority from offsetting collections
(total discretionary) ..........................................

Total new budget authority (gross) ..........................

8
50
¥46

11
55
¥54

10
59
¥57

¥2 ................... ...................
11
10
12

Outlays (gross), detail:
86.90 Outlays from new discretionary authority .....................
86.93 Outlays from discretionary balances .............................

37
9

44
10

46
11

87.00

Total outlays (gross) .................................................

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources
Against gross budget authority only:
88.95
Change in uncollected customer payments from
Federal sources (unexpired) ..................................
Net budget authority and outlays:
89.00 Budget authority ............................................................
90.00 Outlays ...........................................................................

99.00
99.01

15:40 Jan 23, 2003

Jkt 193833

PERFORMANCE MEASURES
Number of subjects in completed investigative analytical reports ......................................................

Number of investigative cases networked among
law enforcement agencies ....................................
Percent of customers satisfied with investigative
analytical reports ..................................................
Average time to process a civil penalty case [calendar year] ............................................................
Number of investigative information exchanges coordinated with foreign jurisdictions .....................

2002 actual

2003 est.

30,840

2004 est.

34,000–
40,000

36,000–
42,000

1,600

2,000–3,000

4,000–5,000

79%

80–83%

85–90%

1.5 years

760

500–600

Object Classification (in millions of dollars)
¥2

¥4

¥1
2002 actual

Identification code 20–0173–0–1–751

¥2 ................... ...................
11.1
11.5
48
44

51
50

58
56

Additional net budget authority and outlays to cover cost of fully accruing retirement:
Budget authority ............................................................
1
2
Outlays ...........................................................................
1
2

VerDate Dec 13 2002

FinCEN, created in 1990 and elevated to bureau status
in 2001, supports law enforcement investigations to prevent
and detect money laundering, terrorist financing, and other
financial crimes. FinCEN links law enforcement, financial,
and regulatory communities into a single information-sharing
network. Using Bank Secrecy Act (BSA) information reported
by banks and other financial institutions, FinCEN serves as
the nation’s central clearinghouse for broad-based financial
intelligence and information sharing on money laundering.
This information helps illuminate the financial trail for investigators to follow as they track criminals and their assets.
Investigative Analysis, BSA Administration, and International Activities.—Through their investigative analysis efforts, FinCEN provides support for the investigation and prosecution of law enforcement cases at the Federal, state, local
and international levels, using financial data collected under
the BSA, as well as other commercial and law enforcement
information. FinCEN serves as a catalyst for research, analysis, and dissemination of information on money laundering
methods and trends through joint case analysis with law enforcement, integration of all source information and the application of state-of-art data processing techniques. FinCEN also
establishes policies to administer the BSA effectively while
balancing the associated burden imposed on the regulated
financial institutions. Internationally, FinCEN maintains indepth, country-specific expertise concerning money laundering, terrorist financing, and other financial crimes around
the world to assist decision makers in developing and promoting U.S. government anti-money laundering policies.
FinCEN also uses this expertise to promote the development
of Financial Intelligence Units (FIUs) in other countries, and
to facilitate investigative exchanges with them.
Regulatory Support Program, including Money Services
Businesses.—This program supports new requirements to
strengthen anti-money laundering controls with the money
services business industry, casino, broker/dealer, securities,
and other industries with new program or reporting requirements under the Bank Secrecy Act (BSA). The USA Patriot
Act has expanded anti-money laundering program and reporting requirements to a number of industries previously not
covered by the BSA. FinCEN will undertake programs to
reach these new industry groups, as necessary. FinCEN will
also continue efforts with the IRS, especially related to the
money service business industry, to assure compliance, respond to public inquiries, distribute forms and publications,
and support information processing of the BSA data.

PO 00000

Frm 00014

2
2

Fmt 3616

Direct obligations:
Personnel compensation:
Full-time permanent .............................................
Other personnel compensation .............................

11.9
12.1
21.0
23.1
23.3
Sfmt 3643

2003 est.

2004 est.

15
1

19
1

21
1

Total personnel compensation .........................
16
Civilian personnel benefits .......................................
3
Travel and transportation of persons .......................
1
Rental payments to GSA ...........................................
3
Communications, utilities, and miscellaneous
charges ................................................................. ...................

20
4
1
3

22
5
1
4

E:\BUDGET\TRE.XXX

TRE

FINANCIAL MANAGEMENT SERVICE
Federal Funds

DEPARTMENT OF THE TREASURY
25.2
25.3

25.4
25.7
31.0

Other services ............................................................
Other purchases of goods and services from Government accounts .................................................
Operation and maintenance of facilities ..................
Operation and maintenance of equipment ...............
Equipment .................................................................

11
1
6
2

8
1
5
2

9
1
5
2

99.0
99.0

Direct obligations ..................................................
Reimbursable obligations ..............................................

46
4

51
4

58
1

99.9

Total new obligations ................................................

779

tiatives; and of which not to exceed $2,500 shall be available for
official reception and representation expenses.
Note.—A regular 2003 appropriation for this account had not been enacted at the time
the budget was prepared; therefore, this account is operating under a continuing resolution
(P.L. 107–229, as amended). The amounts included for 2003 in this budget reflect the
Administration’s 2003 policy proposals.

Unavailable Collections (in millions of dollars)
2002 actual

Identification code 20–1801–0–1–803

2003 est.

2004 est.

01.99

Personnel Summary
2002 actual

Identification code 20–0173–0–1–751

Direct:
Total compensable workyears: Civilian full-time equivalent employment ......................................................
Reimbursable:
2001 Total compensable workyears: Civilian full-time equivalent employment ......................................................

2003 est.

2004 est.

07.99

1001

200

254

Program and Financing (in millions of dollars)
5

5 ...................

INTERAGENCY LAW ENFORCEMENT
Federal Funds
General and special funds:
AND

Balance, end of year ..................................................... ................... ................... ...................

277

INTERAGENCY CRIME

Balance, start of year .................................................... ................... ................... ...................
Receipts:
02.20 Debt collection fund ......................................................
35
28
30
Appropriations:
05.00 Debt collection fund ......................................................
¥35
¥28
¥30

DRUG ENFORCEMENT

2002 actual

Identification code 20–1801–0–1–803

2003 est.

2004 est.

Obligations by program activity:
Direct program:
00.05
Payments ...................................................................
00.06
Collections .................................................................
00.07
Debt collection ...........................................................
00.08
Governmentwide accounting and reporting ..............
09.01 Reimbursable program ..................................................

143
12
43
49
133

130
16
48
55
110

134
16
50
59
119

10.00

Total new obligations ................................................

380

359

378

21.40
22.00
22.10

41
367

38
359

38
378

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–1501–0–1–751

00.01
00.02
00.03
00.04

Obligations by program activity:
Internal Revenue Service ...............................................
66
Bureau of Alcohol, Tobacco and Firearms ....................
11
United States Customs Service .....................................
31
Departmental Offices ..................................................... ...................

2003 est.

66
11
30
1

2004 est.

...................
...................
...................
...................

10.00

Total new obligations (object class 25.3) ................

108

108 ...................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Total new obligations ....................................................

108
¥108

108 ...................
¥108 ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

72.40
73.10
73.20
74.40

23.90
23.95
23.98
24.40

419
397
416
¥380
¥359
¥378
¥1 ................... ...................
38
38
40

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
40.36
Unobligated balance rescinded .................................

213
221
229
¥14 ................... ...................

43.00
108

108 ...................

64
4
108
108
¥168
¥112
4 ...................

...................
...................
...................
...................

60.20

68.00
68.10

Appropriation (total discretionary) ........................
Mandatory:
Appropriation (special fund) .....................................
Spending authority from offsetting collections:
Discretionary:
Offsetting collections (cash) ................................
Change in uncollected customer payments from
Federal sources (unexpired) .............................

68.90
Outlays (gross), detail:
86.90 Outlays from new discretionary authority .....................
86.93 Outlays from discretionary balances .............................

104
64

108 ...................
4 ...................

87.00

168

112 ...................

Total outlays (gross) .................................................

Net budget authority and outlays:
89.00 Budget authority ............................................................
90.00 Outlays ...........................................................................

108
168

108 ...................
112 ...................

The Interagency Crime and Drug Enforcement fund has
been transferred from the Department of the Treasury to
the Department of Justice.
f

FINANCIAL MANAGEMENT SERVICE
Federal Funds
General and special funds:
SALARIES

AND

EXPENSES

For necessary expenses of the Financial Management Service,
$228,606,000, of which not to exceed $9,220,000 shall remain available
until September 30, 2006, for information systems modernization iniVerDate Dec 13 2002

15:40 Jan 23, 2003

Jkt 193833

PO 00000

Frm 00015

Fmt 3616

11 ................... ...................

70.00

199

221

229

131

110

119

2 ................... ...................

Spending authority from offsetting collections
(total discretionary) .....................................

133

110

119

Total new budget authority (gross) ..........................

367

359

378

Change in obligated balances:
Obligated balance, start of year ...................................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Adjustments in expired accounts (net) .........................
Recoveries of prior year obligations ..............................
Change in uncollected customer payments from Federal sources (unexpired) ............................................
74.10 Change in uncollected customer payments from Federal sources (expired) ................................................
74.40 Obligated balance, end of year .....................................
72.40
73.10
73.20
73.40
73.45
74.00

38
40
41
380
359
378
¥359
¥358
¥376
¥4 ................... ...................
¥11 ................... ...................
¥2 ................... ...................
¥2 ................... ...................
40
41
41

86.90
86.93
86.97
86.98

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................
Outlays from new mandatory authority .........................
Outlays from mandatory balances ................................

87.00

Total outlays (gross) .................................................

359

358

376

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

¥131

¥110

¥119

Sfmt 3643

E:\BUDGET\TRE.XXX

TRE

301
289
304
40
41
42
17
28
30
1 ................... ...................

780

FINANCIAL MANAGEMENT SERVICE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2004

General and special funds—Continued
SALARIES

AND

ating a series of daily, monthly, quarterly and annual Government-wide reports. FMS also works directly with agencies
to help reconcile reporting differences.

EXPENSES—Continued

Program and Financing (in millions of dollars)—Continued
2002 actual

Identification code 20–1801–0–1–803

2003 est.

PERFORMANCE MEASURES

2004 est.

2002 actual

88.95

Against gross budget authority only:
Change in uncollected customer payments from
Federal sources (unexpired) ..................................

¥2 ................... ...................

99.00
99.01

234
230

249
248

259
257

12
12

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 activity settles 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.
PERFORMANCE MEASURES
2002 actual

2003 est.

2004 est.

100%

WORKLOAD STATISTICS
(Thousands)
2002 actual

1. Number of check claims submitted .......................................
2. Number of check payments ....................................................
3. Number of electronic payments ..............................................

2003 est.

1,736
252,849 *
665,905

1,400
244,000
677,000

11.1
11.3
11.5

Direct obligations:
Personnel compensation:
Full-time permanent .............................................
Other than full-time permanent ...........................
Other personnel compensation .............................

100%

N/A

95%

2003 est.

2004 est.

123
1
3

127
2
3

121
27
2
15

127
26
2
18

132
28
2
18

13
1
5
26

15
1
4
26

15
1
4
27

25.4
25.7
26.0
31.0
32.0

Total personnel compensation .........................
Civilian personnel benefits .......................................
Travel and transportation of persons .......................
Rental payments to GSA ...........................................
Communications, utilities, and miscellaneous
charges .................................................................
Printing and reproduction .........................................
Advisory and assistance services .............................
Other services ............................................................
Other purchases of goods and services from Government accounts .................................................
Operation and maintenance of facilities ..................
Operation and maintenance of equipment ...............
Supplies and materials .............................................
Equipment .................................................................
Land and structures ..................................................

99.0
99.0
99.5

Direct obligations ..................................................
Reimbursable obligations ..............................................
Below reporting threshold ..............................................

246
132
2

248
110
1

258
119
1

99.9

Total new obligations ................................................

380

359

378

11.9
12.1
21.0
23.1
23.3
24.0
25.1
25.2
25.3

4
5
5
1
1
1
7
8
8
4
5
6
19
10
11
1 ................... ...................

Personnel Summary
2002 actual

Identification code 20–1801–0–1–803

2003 est.

2004 est.

1001

1,894

2,073

2,086

79%

2004 est.

80%

81%

3. Debt Collection.—FMS provides debt collection operational services to client agencies which includes collection
of delinquent accounts, offset 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.

PAYMENT

2002

2003

2004

$2.84 billion

$2.8 billion

$2.9 billion

93%

85%

90%

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 generPO 00000

Frm 00016

Fmt 3616

DEPARTMENT

JUSTICE, FIRREA RELATED CLAIMS

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0177–0–1–752

2003 est.

2004 est.

72.40
74.40

Change in obligated balances:
Obligated balance, start of year ...................................
Obligated balance, end of year .....................................

89.00
90.00

PERFORMANCE MEASURES

Jkt 193833

100%

2002 actual

15:40 Jan 23, 2003

100%

117
1
3

PERFORMANCE MEASURES

VerDate Dec 13 2002

100%

2002 actual

Identification code 20–1801–0–1–803

1,350
238,000
696,000

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.

Amount of delinquent debt collected through all available tools ...................................................................
Percentage of delinquent debt referred to FMS for collection compared to amount eligible for referral .....

2004 est.

* Does not include approximately 86 million tax relief (rebate) checks.

FMS will collect electronically the total dollar amount of Federal government receipts ........................................................

2003 est.

Object Classification (in millions of dollars)

Additional net budget authority and outlays to cover cost of fully accruing retirement:
Budget authority ............................................................
10
11
Outlays ...........................................................................
10
11

FMS will make paper check and EFT payments on
time ...........................................................................
FMS will make paper check and EFT payments accurately ..........................................................................

FMS will issue accurate government-wide accounting
reports .......................................................................
FMS will issue accurate government-wide accounting
reports on time ..........................................................
Percentage of reporting locations with reconciliation
differences, for deposits and payments, less than
four months old .........................................................

2
2

In 1998, the Secretary of the Treasury was authorized to
use funds made available to the 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 FIRREA and its implementation.
Sfmt 3616

E:\BUDGET\TRE.XXX

TRE

FINANCIAL MANAGEMENT SERVICE—Continued
Federal Funds—Continued

DEPARTMENT OF THE TREASURY
PAYMENT

TO THE

90.00

RESOLUTION FUNDING CORPORATION

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–1851–0–1–908

2003 est.

2004 est.

00.01

Obligations by program activity:
Direct program activity ..................................................

675

1,191

1,707

10.00

Total new obligations (object class 41.0) ................

675

1,191

1,707

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Total new obligations ....................................................

675
¥675

1,191
¥1,191

1,707
¥1,707

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................

675

1,191

1,707

Change in obligated balances:
73.10 Total new obligations ....................................................
73.20 Total outlays (gross) ......................................................

675
¥675

1,191
¥1,191

1,707
¥1,707

Outlays (gross), detail:
86.97 Outlays from new mandatory authority .........................
Net budget authority and outlays:
89.00 Budget authority ............................................................
90.00 Outlays ...........................................................................

675

1,191

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.

FEDERAL RESERVE BANK REIMBURSEMENT FUND

675
675

1,191
1,191

1,707
1,707

2003 est.

2004 est.

00.01

Obligations by program activity:
Direct program activity ..................................................

113

135

150

10.00

Total new obligations (object class 25.2) ................

113

135

150

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

113
¥113

135
¥135

150
¥150

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................

135

150

72.40
73.10
73.20
74.40

28
113
¥93
47

47
135
¥135
47

47
150
¥139
58

86.97
86.98

Outlays (gross), detail:
Outlays from new mandatory authority .........................
Outlays from mandatory balances ................................

64
29

57
78

61
78

87.00

Total outlays (gross) .................................................

135

139

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

84
94

135
135

150
139

29 ................... ...................
84
135
150

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.

Program and Financing (in millions of dollars)
2002 actual

2002 actual

Identification code 20–1884–0–1–803

1,707

TERRESTRIAL WILDLIFE HABITAT RESTORATION TRUST
FUND

Identification code 20–1738–0–1–306

Program and Financing (in millions of dollars)

The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) 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

Outlays ...........................................................................

781

2004 est.

Obligations by program activity:
Cheyenne River Sioux Tribe terrestrial wildlife habitat
restoration trust fund ................................................
00.02 Lower Breul Sioux Tribe terrestrial wildlife habitat
restoration trust fund ................................................

FINANCIAL AGENT SERVICES

Program and Financing (in millions of dollars)

10.00

Total new obligations (object class 41.0) ................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Total new obligations ....................................................

5
¥5

00.01

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................

Change in obligated balances:
Total new obligations ....................................................
Total outlays (gross) ......................................................

5
¥5

73.10
73.20

15:40 Jan 23, 2003

Jkt 193833

PO 00000

Frm 00017

Fmt 3616

2004 est.

Obligations by program activity:
Direct program activity .................................................. ................... ...................

386

10.00

Total new obligations (object class 25.1) ................ ................... ...................

386

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................ ................... ...................
Total new obligations .................................................... ................... ...................

386
¥386

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation ............................................................. ................... ...................

386

Change in obligated balances:
Total new obligations .................................................... ................... ...................
Total outlays (gross) ...................................................... ................... ...................

386
¥386

2003 est.

00.01

73.10
73.20
5

2002 actual

Identification code 20–1802–2–1–803

Sfmt 3643

E:\BUDGET\TRE.XXX

TRE

782

FINANCIAL MANAGEMENT SERVICE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2004

General and special funds—Continued

FEDERAL INTEREST LIABILITIES

FINANCIAL AGENT SERVICES—Continued
Program and Financing (in millions of dollars)—Continued
2002 actual

Identification code 20–1802–2–1–803

2003 est.

2004 est.

Net budget authority and outlays:
89.00 Budget authority ............................................................ ................... ...................
90.00 Outlays ........................................................................... ................... ...................

386

386
386

The Budget includes a proposal to establish a permanent,
indefinite appropriation to allow the Financial Management
Service to reimburse financial institutions for services provided in their capacity as depositaries and fiscal agents for
the United States. The services provided are authorized under
numerous statutes, including, but not limited to, 12 U.S.C.
90 and 265. 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.
See Chapter 13, ‘‘Federal Borrowing and Debt,’’ of Analytical Perspectives for further discussion.
f

STATES

2002 actual

Identification code 20–1877–0–1–908

Outlays (gross), detail:
86.97 Outlays from new mandatory authority ......................... ................... ...................

INTEREST

TO THE

Program and Financing (in millions of dollars)

UNINVESTED FUNDS

2003 est.

2004 est.

00.01

Obligations by program activity:
Direct program activity ..................................................

10.00

Total new obligations (object class 25.2) ................

22.00
22.10

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Resources available from recoveries of prior year obligations .......................................................................

23.90
23.95

1 ................... ...................

Total budgetary resources available for obligation
Total new obligations ....................................................

7
¥6

4
¥4

6
¥6

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................

72.40
73.10
73.20
73.45

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

6
6

4
4

6
6

1 ................... ...................
6
4
6
¥6
¥4
¥6
¥1 ................... ...................

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–1860–0–1–908

2003 est.

As provided by statute and regulation, interest is paid to
States when Federal funds are not transferred in a timely
manner.

2004 est.

00.01

Obligations by program activity:
Direct program activity ..................................................

10.00

Total new obligations (object class 43.0) ................

INTEREST PAID

CREDIT FINANCING ACCOUNTS

Program and Financing (in millions of dollars)
Budgetary resources available for obligation:
22.00 New budget authority (gross) ........................................
23.95 Total new obligations ....................................................
New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................
Change in obligated balances:
72.40 Obligated balance, start of year ...................................
73.10 Total new obligations ....................................................
73.20 Total outlays (gross) ......................................................
74.40 Obligated balance, end of year .....................................

86.97
86.98

Outlays (gross), detail:
Outlays from new mandatory authority .........................
Outlays from mandatory balances ................................

87.00

Total outlays (gross) .................................................

6
¥6

20
6
¥8
19

8
¥8

19
8
¥8
19

6
¥6

6
8

8
8

19
6
¥5
20

15:40 Jan 23, 2003

Jkt 193833

PO 00000

Frm 00018

2004 est.

00.01

Obligations by program activity:
Direct program activity ..................................................

4,276

3,787

3,812

10.00

Total new obligations (object class 43.0) ................

4,276

3,787

3,812

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Total new obligations ....................................................

4,276
¥4,276

3,787
¥3,787

3,812
¥3,812

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................

4,276

3,787

3,812

73.10
73.20

Change in obligated balances:
Total new obligations ....................................................
Total outlays (gross) ......................................................

4,276
¥4,276

3,787
¥3,787

3,812
¥3,812

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

4,276

3,787

3,812

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

4,276
4,276

3,787
3,787

3,812
3,812

6
5

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). Pursuant to Public
Law 101–510, commencing October 1, 1991, the Soldiers’
Home Permanent Fund will be invested in Treasury securities.
VerDate Dec 13 2002

2003 est.

6
8
5
2 ................... ...................
8

2002 actual

Identification code 20–1880–0–1–908

Fmt 3616

Loan guarantee financing accounts receive various payments and fees and make payments on defaults. When cash
balances result from an excess of receipts over outlays, these
balances are deposited at the Treasury and earn interest.
This account pays such interest to credit loan guarantee financing accounts from the general fund of the Treasury in
accordance with section 505(c) of the Federal Credit Reform
Act of 1990. The estimates of interest paid by this fund are
Sfmt 3616

E:\BUDGET\TRE.XXX

TRE

FINANCIAL MANAGEMENT SERVICE—Continued
Federal Funds—Continued

DEPARTMENT OF THE TREASURY

derived from the estimates of interest received in the various
financing accounts.
f

CLAIMS, JUDGMENTS,

AND

RELIEF ACTS

10.00

Total new obligations (object class 42.0) ................

21.40
23.95
24.40

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

169
23 ...................
¥146
¥23 ...................
23 ................... ...................

73.10
73.20

Change in obligated balances:
Total new obligations ....................................................
Total outlays (gross) ......................................................

146
¥146

23 ...................
¥23 ...................

86.98

Outlays (gross), detail:
Outlays from mandatory balances ................................

146

23 ...................

89.00
90.00

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–1895–0–1–808

2003 est.

2004 est.

Obligations by program activity:
Claims adjudicated administratively:
00.01
Claims for damages ..................................................
00.03
Claims for contract disputes ....................................

6
338

6
126

7
128

00.91

344

132

135

01.01
01.02

Total claims adjudicated administratively ...............
Court judgments:
Judgments, Court of Claims .....................................
Judgments, U.S. courts .............................................

313
1,193

30
759

35
765

01.91
09.01

Total court judgments ..........................................
Reimbursable program ..................................................

1,506
789
800
5 ................... ...................

10.00

Total new obligations ................................................

1,855

921

935

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Total new obligations ....................................................

1,855
¥1,855

921
¥921

935
¥935

1,850
921
935
5 ................... ...................

70.00

Total new budget authority (gross) ..........................

1,855

72.40
73.10
73.20
74.40

86.97
86.98

Outlays (gross), detail:
Outlays from new mandatory authority .........................
1,827
Outlays from mandatory balances ................................ ...................
Total outlays (gross) .................................................

Offsets:
Against gross budget authority and outlays:
88.40
Offsetting collections (cash) from: Non-Federal
sources ..................................................................
Net budget authority and outlays:
89.00 Budget authority ............................................................
90.00 Outlays ...........................................................................

921

935

126
154 ...................
1,855
921
935
¥1,827
¥1,075
¥935
154 ................... ...................

921
935
154 ...................

1,827

1,075

¥5 ................... ...................

1,850
1,822

921
1,075

2002 actual

Direct obligations: Insurance claims and indemnities
Reimbursable obligations: Reimbursable obligations ...

99.9

Total new obligations ................................................

RESTITUTION

935
935

2003 est.

2004 est.

1,850
921
935
5 ................... ...................
1,855

921

VerDate Dec 13 2002

15:40 Jan 23, 2003

2004 est.

10.00

Total new obligations (object class 43.0) ................

183 ................... ...................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Total new obligations ....................................................

183 ................... ...................
¥183 ................... ...................

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................

183 ................... ...................

73.10
73.20

Change in obligated balances:
Total new obligations ....................................................
Total outlays (gross) ......................................................

183 ................... ...................
¥183 ................... ...................

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

183 ................... ...................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

183 ................... ...................
183 ................... ...................

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 2002. 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 $15
million and the G-Fund within the Thrift Savings Fund for
$168 million.
f

BIOMASS ENERGY DEVELOPMENT

2002 actual

Jkt 193833

2003 est.

183 ................... ...................

935

Program and Financing (in millions of dollars)

146
PO 00000

2002 actual

Identification code 20–0114–0–1–271

Program and Financing (in millions of dollars)

Obligations by program activity:
00.01 Direct program activity ..................................................

2002 actual

Obligations by program activity:
Direct Program Activity ..................................................

ANTI-TERRORISM JUDGMENTS

Identification code 20–1811–0–1–808

FOREGONE INTEREST

00.01

PAYMENT

Identification code 20–1875–0–1–908

935

Object Classification (in millions of dollars)

42.0
99.0

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).

Program and Financing (in millions of dollars)

Appropriations are made 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.

Identification code 20–1895–0–1–808

23 ...................

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................
69.00 Offsetting collections (cash) .........................................

87.00

146

783

2003 est.

Frm 00019

Fmt 3616

2004 est.

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

11
4

15 ...................
4
5

23.90

Total budgetary resources available for obligation

2004 est.

23 ...................

2003 est.

Sfmt 3643

E:\BUDGET\TRE.XXX

TRE

784

FINANCIAL MANAGEMENT SERVICE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2004

General and special funds—Continued
BIOMASS ENERGY DEVELOPMENT—Continued

86.98

Outlays from mandatory balances ................................

231

87.00

Total outlays (gross) .................................................

231

321

331

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

312
231

321
321

331
331

Program and Financing (in millions of dollars)—Continued
2002 actual

Identification code 20–0114–0–1–271

23.98
24.40

2003 est.

2004 est.

Unobligated balance expiring or withdrawn ................. ...................
¥19
¥5
Unobligated balance carried forward, end of year .......
15 ................... ...................

New budget authority (gross), detail:
Discretionary:
68.00
Spending authority from offsetting collections
(gross): Offsetting collections (cash) ...................

Change in obligated balances:
Obligated balance, start of year ...................................
Obligated balance, end of year .....................................

1
2

2
2

Offsets:
Against gross budget authority and outlays:
88.45
Offsetting collections (cash) from: Offsetting governmental collections (from non-Federal sources)

¥4

¥5

72.40
74.40

The U.S. Customs Service collects duties assessed pursuant
to a countervailing duty order, an anitdumping duty order,
or a finding under the Antidumping Act of 1921. Under a
provision enacted in 2000, the Customs Service currently distributes these duties to affected domestic producers. These
distributions provide a significant additional benefit to procedures that already gain protection from the increased import
prices provided by the tariffs. While the Administration does
not believe that these payments are inconsistent with U.S.
treaty obligations, legislative repeal of the provision would
allow the funds to be directed to higher priority uses.
f

Public enterprise revolving fund:

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.
f

CONTINUED DUMPING

AND

SUBSIDY OFFSET

CHECK FORGERY INSURANCE FUND
Program and Financing (in millions of dollars)

00.01
09.01

2002 actual

2003 est.

2004 est.

Balance, start of year .................................................... ................... ................... ...................
Receipts:
02.00 Continued dumping receipts .........................................
312
321
331
Appropriations:
05.00 Continued dumping appropriations ...............................
¥312
¥321
¥331

Obligations by program activity:
Direct program ............................................................... ...................
Reimbursable program ..................................................
23

2003 est.

2004 est.

3
20

3
17

10.00

Total new obligations ................................................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

11
23

11
20

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

34
¥23
11

31
¥20
11

New budget authority (gross), detail:
Mandatory:
Appropriation ............................................................. ...................
Offsetting collections (cash) .........................................
23

3
20

3
17

Unavailable Collections (in millions of dollars)
Identification code 20–5688–0–2–376

2002 actual

Identification code 20–4109–0–3–803

60.00
69.00

01.99

07.99

Balance, end of year ..................................................... ................... ................... ...................

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–5688–0–2–376

2003 est.

2004 est.

00.01

Obligations by program activity:
Direct program activity ..................................................

543

305

314

10.00

Total new obligations (object class 41.0) ................

543

305

314

Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year
22.00 New budget authority (gross) ........................................

247
312

16
321

32
331

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

559
¥543
16

337
¥305
32

363
¥314
49

New budget authority (gross), detail:
Mandatory:
60.20
Appropriation (special fund) .....................................

312

321

331

72.40
73.10
73.20
74.40

Change in obligated balances:
Obligated balance, start of year ................................... ...................
Total new obligations ....................................................
543
Total outlays (gross) ......................................................
¥231
Obligated balance, end of year .....................................
312

312
305
¥321
296

296
314
¥331
279

86.97

Outlays (gross), detail:
Outlays from new mandatory authority ......................... ...................

305

314

Frm 00020

Fmt 3616

23.90
23.95
24.40

VerDate Dec 13 2002

15:40 Jan 23, 2003

Jkt 193833

PO 00000

70.00

Total new budget authority (gross) ..........................

72.40
73.10
73.20

86.97
86.98

Outlays (gross), detail:
Outlays from new mandatory authority .........................
Outlays from mandatory balances ................................

23
1

12
20
11 ...................

87.00

Total outlays (gross) .................................................

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

¥23

¥20

¥17

3
3

89.00
90.00

1 ................... ...................
23
23
20
¥24
¥23
¥20

This fund was established as a permanent, indefinite appropriation in order to maintain adequate funding of the Check
Forgery Insurance Fund (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.
Sfmt 3616

E:\BUDGET\TRE.XXX

TRE

FEDERAL FINANCING BANK ACTIVITIES
Federal Funds

DEPARTMENT OF THE TREASURY
Object Classification (in millions of dollars)
2002 actual

Identification code 20–4109–0–3–803

42.0
42.0
99.9

2003 est.

Direct obligations: Insurance claims and indemnities ...................
Reimbursable obligations: Insurance claims and indemnities ...................................................................
23
Total new obligations ................................................

Trust Funds

2003 est.

2004 est.

01.99

Balance, start of year ....................................................
16
21
Receipts:
02.40 General fund payments, Cheyenne river sioux tribe
terrestrial wildlife habitat restoration ......................
4
4
02.41 Earnings on investments ............................................... ................... ...................
02.42 General fund payments, Lower bruel sioux tribe terrestrial wildlife habitat restoration ...............................
1
1
02.99

Total receipts and collections ...................................

4
1

2002 actual

New budget authority (gross), detail:
Mandatory:
60.26
Appropriation (trust fund) .........................................
60.45
Portion precluded from obligation ............................

2004 est.

5
¥5

62.50

Appropriation (total mandatory) ........................... ................... ................... ...................

89.00
90.00

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.
f

FEDERAL FINANCING BANK ACTIVITIES
Federal Funds
Intragovernmental funds:
FEDERAL FINANCING BANK
Program and Financing (in millions of dollars)
2002 actual

Identification code 20–4521–0–4–803

09.01
09.02
09.03

Obligations by program activity:
Administrative expenses ................................................
Interest on borrowings from Treasury ...........................
Interest on borrowings from civil service retirement
trust fund ..................................................................

VerDate Dec 13 2002

15:40 Jan 23, 2003

Jkt 193833

3
2,040
1,337
PO 00000

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

1
3,380

1
2,673

1
2,485

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

3,381
¥3,380
1

2,674
¥2,674
1

2,486
¥2,485
1

2003 est.

3
2,268

2004 est.

3
2,482

403 ...................
Frm 00021

139
50
58
3,329
2,623
2,427
¥88 ................... ...................

Spending authority from offsetting collections (total
mandatory) ............................................................

3,241

2,623

2,427

70.00

Total new budget authority (gross) ..........................

3,380

2,673

2,485

72.40
73.10
73.20
74.40

337
3,380
¥3,380
337

337
2,674
¥2,673
337

337
2,485
¥2,485
337

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

3,380

2,673

2,485

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

¥3,329

¥2,623

¥2,427

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

51
51

50
50

58
58

89.00
90.00
2003 est.

5
¥5

21.40
22.00

Program and Financing (in millions of dollars)
Identification code 20–8209–0–7–306

2,485

Total: Balances and collections ....................................
21
26
32
Appropriations:
05.00 Cheyenne river sioux tribe terrestrial wildlife habitat
restoration ................................................................. ................... ................... ...................
Balance, end of year .....................................................

2,674

04.00

07.99

3,380

69.90

Unavailable Collections (in millions of dollars)
2002 actual

Total new obligations ................................................

New budget authority (gross), detail:
Mandatory:
67.10
Authority to borrow ....................................................
69.00 Offsetting collections (cash) .........................................
69.47 Portion applied to repay debt ........................................

CHEYENNE RIVER SIOUX TRIBE TERRESTRIAL WILDLIFE HABITAT
RESTORATION TRUST FUND

Identification code 20–8209–0–7–306

10.00
2004 est.

785

Fmt 3616

The Federal Financing Bank (FFB) was created in 1973
to reduce the costs of 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 meeting the financing requirements 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 is set at 1⁄8 percent above Treasury
rates and 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
Sfmt 3616

E:\BUDGET\TRE.XXX

TRE

786

FEDERAL FINANCING BANK ACTIVITIES—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2004
Total:
Budget Authority .....................................................................
Outlays ....................................................................................

Intragovernmental funds—Continued
FEDERAL FINANCING BANK—Continued

to receive. This provision, however, does not reduce the
amount of interest the FFB owes on its corresponding loans
from Treasury. The shortfalls in interest received by the FFB
as a result of the provision resulted in substantial losses
to the FFB in the past. The FFB will likely experience future
losses due to this provision.
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. In October 2002, the FFB redeemed
$15 billion of debt that it had issued to the Civil Service
Retirement and Disability Fund. The FFB repaid this debt
by borrowing from the Treasury.
NET LENDING AND LOANS OUTSTANDING, END OF YEAR
(in millions of dollars)
2002 actual

A. Department of Agriculture:
1. Rural housing loans:
Lending, net ..........................................................
Loans outstanding ................................................
2. Rural development loans:
Lending, net ..........................................................
Loans outstanding ................................................
3. Rural Utilities Service:
Lending, net ..........................................................
Loans outstanding ................................................
B. Department of Defense:
1. Defense working capital funds:
Lending, net ..........................................................
Loans outstanding ................................................
C. Department of Education:
1. Historically black colleges and universities:
Lending, net ..........................................................
Loans outstanding ................................................
D. Department of Housing and Urban Development:
1. Section 108 guaranteed loans:
Lending, net ..........................................................
Loans outstanding ................................................
2. Low-rent public housing:
Lending, net ..........................................................
Loans outstanding ................................................
E. Department of the Interior:
1. Territory of the Virgin Islands:
Lending, net ..........................................................
Loans outstanding ................................................
F. Department of Transportation:
1. Railroad Revitalization and Regulatory Reform
Act:
Lending, net ..........................................................
Loans outstanding ................................................
G. General Services Administration:
1. Federal buildings fund:
Lending, net ..........................................................
Loans outstanding ................................................
H. International Assistance Programs:
1. Foreign military sales credit:
Lending, net ..........................................................
Loans outstanding ................................................
I. Small Business Administration:
1. Section 503 guaranteed loans:
Lending, net ..........................................................
Loans outstanding ................................................
J. Postal Service:
Lending, net ..............................................................
Loans outstanding .....................................................

2003 est.

2004 est.

¥1,470
2,905

¥1,075
1,830

......................
1,830

¥1,485
950

¥145
805

¥605
200

459
18,325

437
18,762

400
18,162

¥160
781

¥160
621

¥115
506

37
69

20
89

40
129

¥3
5

¥2
3

¥2
1

51
51

52
52

63
63

Balance Sheet (in millions of dollars)
Identification code 20–4521–0–4–803

2001 actual

2002 actual

2003 est.

2004 est.

ASSETS:
Federal assets:
1101
Fund balances with Treasury .............
Investments in US securities:
1104
Agency securities, par ....................
1106
Receivables, net .............................

577

42,609
873

39,230
529

37,175
457

36,218
382

1999

Total assets ........................................
LIABILITIES:
Federal liabilities:
2101
Accounts payable ................................
Debt:
2103
Borrowing from Treasury ................
2103
Borrowing from the Civil service
retirement trust fund .................

44,059

40,336

38,209

37,177

1,198

858

786

711

27,979

24,792

37,787

36,889

15,000

..................

2999

44,177

40,650

38,573

37,600

Total liabilities ....................................
NET POSITION:
3300 Cumulative results of operations ............

–118

–314

–364

–423

3999

Total net position ................................

–118

–314

–364

–423

4999

Total liabilities and net position ............

44,059

40,336

38,209

37,177

Object Classification (in millions of dollars)
2002 actual

Identification code 20–4521–0–4–803

2003 est.

2004 est.

25.2
43.0

Other services ................................................................
Interest and dividends ...................................................

3
3,377

3
2,671

3
2,482

99.9

Total new obligations ................................................

3,380

2,674

2,485

¥71
1,207

¥71
1,136

¥71
1,065

¥2
11

¥1
10

¥2
8

FEDERAL FINANCING BANK
(Legislative proposal, not subject to PAYGO)
Program and Financing (in millions of dollars)
2002 actual

Identification code 20–4521–2–4–803

2003 est.

2004 est.

00.01
09.01

Obligations by program activity:
Interest on Borrowing from Treasury ............................. ...................
Interest on Borrowing from Treasury ............................. ...................

2
¥25

5
¥78

......................
3

10.00

Total new obligations ................................................ ...................

¥23

¥73

¥62
2,206

¥10
2,198

10
2,206

22.00
23.95

¥23
23

¥73
73

¥234
1,923

¥234
1,689

¥223
1,466

New budget authority (gross), detail:
Mandatory:
67.10
Authority to borrow .................................................... ...................
69.00 Offsetting collections (cash) ......................................... ...................

2
¥25

5
¥78

¥30
102

¥15
87

¥11
76

70.00

Total new budget authority (gross) .......................... ...................

¥23

¥73

¥199
11,114

¥4,291
6,823

¥3,046
3,777

73.10
73.20

¥23
23

¥73
73

¥3,220
39,601

¥5,547
34,054

¥3,625
30,429

86.97

Outlays (gross), detail:
Outlays from new mandatory authority ......................... ...................

¥23

¥73

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources ...................

2
2

5
5

Total lending:
Lending, net ..............................................................
Loans outstanding .....................................................

Summary of Budget Authority and Outlays
(in millions of dollars)

Enacted/requested:
2002 actual
Budget Authority .....................................................................
51
Outlays ....................................................................................
51
Legislative proposal, not subject to PAYGO:
Budget Authority ..................................................................... ....................
Outlays .................................................................................... ....................
VerDate Dec 13 2002

15:40 Jan 23, 2003

Jkt 193833

PO 00000

2003 est.

2004 est.

50
50

58
58

2
2

5
5

Frm 00022

Fmt 3616

89.00
90.00

Two of the Administration’s legislative proposals would affect the FFB’s interest payments and balances of outstanding
Sfmt 3616

E:\BUDGET\TRE.XXX

TRE

ALCOHOL AND TOBACCO TAX AND TRADE BUREAU
Federal Funds

DEPARTMENT OF THE TREASURY

debt. First, proposed legislation reducing payments from the
Postal Service to the Civil Service Retirement and Disability
Fund would allow the Postal Service Fund to repay its loans
from the FFB earlier than projected under current law. Second, proposed legislation in the Native American and Transitional Housing Direct Loan Program would eliminate its need
to borrow through the FFB.
Balance Sheet (in millions of dollars)

72.40
73.10
73.20
74.40

Change in obligated balances:
Obligated balance, start of year ................................... ...................
Total new obligations ....................................................
74
Total outlays (gross) ......................................................
¥68
Obligated balance, end of year .....................................
6

6
81
¥79
7

7
81
¥81
7

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
68
Outlays from discretionary balances ............................. ...................

73
6

73
8

87.00
2003 est.

2004 est.

787

Total outlays (gross) .................................................

Identification code 20–4521–2–4–803

2001 actual

2002 actual

ASSETS:
Federal assets:
Investments in US securities:
1104
Agency securities, par ....................
1106
Receivables, net .............................

..................
..................

–3,499
–8

–6,194
–23

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
Federal sources:
88.00
Drug enforcement ............................................. ................... ................... ...................
88.00
Other Federal sources ......................................
¥1
¥1
¥1

1999

Total assets ........................................
LIABILITIES:
Federal liabilities:
2101
Accounts payable ................................
2103
Borrowing from Treasury .....................

..................

–3,507

–6,217

88.90

Total, offsetting collections (cash) ..................

¥1

..................
..................

–8
–3,497

–23
–6,187

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

73
67

80
78

80
80

2999

Total liabilities ....................................
NET POSITION:
3300 Cumulative results of operations ............

..................

–3,505

–6,210

..................

–2

–7

3999

Total net position ................................

..................

–2

–7

4999

Total liabilities and net position ............

..................

–3,507

–6,217

Object Classification (in millions of dollars)
2002 actual

Identification code 20–4521–2–4–803

2003 est.

2004 est.

43.0
43.0

Direct obligations: Interest and dividends .................... ...................
Reimbursable obligations: Interest and dividends ....... ...................

2
¥25

5
¥78

99.9

Total new obligations ................................................ ...................

¥23

¥73

ALCOHOL AND TOBACCO TAX AND TRADE
BUREAU
Federal Funds
General and special funds:

99.00
99.01

Additional net budget authority and outlays to cover cost of fully accruing retirement:
Budget authority ............................................................
3
3
Outlays ...........................................................................
3
3

The Homeland Security Act created a new bureau within
the United States Department of the Treasury charged with
collecting revenue and protecting the public. This new bureau
enforces the Federal laws and regulations relating to alcohol
and tobacco by working directly and in cooperation with others to: (1) Maintain a sound revenue management and regulatory system that continues reducing taxpayer burden, improving service, collecting the revenue due and preventing
tax evasion and other criminal conduct; and (2) Protect the
public and prevent consumer deception in regulated commodities.
Performance measurements continue to be refined and improved in order to provide viable output and outcome measures for the bureau. The organization is participating in the
American Customer Satisfaction Index with the University
of Michigan to benchmark customer services satisfaction (e.g.
Certificates of Label Approvals).
Object Classification (in millions of dollars)

SALARIES AND EXPENSES

For necessary expenses of carrying out section 1111 of the Homeland
Security Act of 2002, including hire of passenger motor vehicles,
$80,000,000; of which not to exceed $2,000 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.
Program and Financing (in millions of dollars)
2002 actual

Identification code 20–1008–0–1–803

2003 est.

2004 est.

Obligations by program activity:
00.01 Protect the Public ..........................................................
00.02 Collect revenue ..............................................................

21
52

23
57

01.92
09.01

Total direct program .................................................
Reimbursable program ..................................................

73
1

80
1

10.00

Total new obligations ................................................

Budgetary resources available for obligation:
22.00 New budget authority (gross) ........................................
23.95 Total new obligations ....................................................

74
¥74

81
¥81

70.00

Frm 00023

Fmt 3616

15:40 Jan 23, 2003

Jkt 193833

11.1
11.5

Direct obligations:
Personnel compensation:
Full-time permanent .............................................
Other personnel compensation .............................

11.9
12.1
21.0
23.1
23.3
25.2
26.0
31.0
32.0

PO 00000

2003 est.

2004 est.

27
6

30
5

33
1

Total personnel compensation .........................
33
Civilian personnel benefits .......................................
12
Travel and transportation of persons .......................
2
Rental payments to GSA ...........................................
5
Communications, utilities, and miscellaneous
charges .................................................................
2
Other services ............................................................
11
Supplies and materials .............................................
1
Equipment .................................................................
7
Land and structures .................................................. ...................

35
13
2
5

34
10
5
7

3
2
11
19
2
1
7
2
2 ...................

99.0
99.0

Direct obligations ..................................................
Reimbursable obligations ..............................................

73
1

80
1

99.9

Total new obligations ................................................

Personnel Summary
2002 actual

Identification code 20–1008–0–1–803

VerDate Dec 13 2002

2002 actual

Identification code 20–1008–0–1–803

81
¥81

3
3

2003 est.

2004 est.

1001

Sfmt 3643

E:\BUDGET\TRE.XXX

TRE

543

544

788

ALCOHOL AND TOBACCO TAX AND TRADE BUREAU—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2004

General and special funds—Continued

INTERNAL REVENUE COLLECTIONS

FOR

PUERTO RICO

(Legislative proposal, subject to PAYGO)
INTERNAL REVENUE COLLECTIONS

FOR

Program and Financing (in millions of dollars)

PUERTO RICO

2002 actual

Identification code 20–5737–0–2–806

2003 est.

2004 est.

01.99

Balance, start of year .................................................... ................... ................... ...................
Receipts:
Receipts:
02.00
Deposits, internal revenue collections for Puerto
Rico .......................................................................
341
355
307
02.00
Legislative proposal subject to PAYGO ..................... ................... ...................
57
02.99

Total receipts and collections ...................................
341
355
Appropriations:
Appropriations:
05.00
Internal revenue collections for Puerto Rico .............
¥341
¥355
05.00
Legislative proposal subject to PAYGO ..................... ................... ...................
05.99
07.99

Total appropriations ..................................................

¥341

¥355

364

¥307
¥57
¥364

Balance, end of year ..................................................... ................... ................... ...................

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–5737–0–2–806

2003 est.

2004 est.

Obligations by program activity:
00.01

Direct program activity ..................................................

341

355

307

10.00

Total new obligations (object class 41.0) ................

341

355

307

341
¥341

355
¥355

307
¥307

Budgetary resources available for obligation:
22.00
23.95

New budget authority (gross) ........................................
Total new obligations ....................................................

2002 actual

Identification code 20–5737–4–2–806

Unavailable Collections (in millions of dollars)

Obligations by program activity:
Direct program activity .................................................. ................... ...................

10.00

Total new obligations (object class 41.0) ................ ................... ...................

22.00
23.95

57
¥57

New budget authority (gross), detail:
Mandatory:
60.20
Appropriation (special fund) ..................................... ................... ...................

73.10
73.20

57
¥57

86.97

Outlays (gross), detail:
Outlays from new mandatory authority ......................... ................... ...................

89.00
90.00

57
57

Excise taxes 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 are
transferred (covered over) to Puerto Rico and the Virgin Islands under a permanent provision at a rate of $10.50 per
proof gallon. A temporary cover-over rate of $13.25 a proof
gallon applies until the end of 2003. The Budget proposes
to extend the temporary cover-over rate through the end of
2005.
f

Mandatory:
Appropriation (special fund) .....................................

341

355

307

BUREAU OF ENGRAVING AND PRINTING

Change in obligated balances:
73.10
73.20

Total new obligations ....................................................
Total outlays (gross) ......................................................

341
¥341

355
¥355

307
¥307

Federal Funds
Intragovernmental funds:
BUREAU

Outlays (gross), detail:
86.97

Outlays from new mandatory authority .........................

341

355

ENGRAVING

AND

PRINTING FUND

2002 actual

Identification code 20–4502–0–4–803

Budget authority ............................................................
Outlays ...........................................................................

341
341

355
355

307
307

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).
Summary of Budget Authority and Outlays
(in millions of dollars)
2002 actual
2003 est.
Enacted/requested:
Budget Authority .....................................................................
341
355
Outlays ....................................................................................
341
355
Legislative proposal, subject to PAYGO:
Budget Authority ..................................................................... .................... ....................
Outlays .................................................................................... .................... ....................

Total:
Budget Authority .....................................................................
Outlays ....................................................................................

VerDate Dec 13 2002

Program and Financing (in millions of dollars)

307

Net budget authority and outlays:
89.00
90.00

2004 est.

00.01

New budget authority (gross), detail:
60.20

2003 est.

15:40 Jan 23, 2003

Jkt 193833

341
341

PO 00000

2004 est.

307
307
57
57

355
355

364
364

Frm 00024

Fmt 3616

2003 est.

2004 est.

09.01
09.02
09.03
09.11
09.12

Obligations by program activity:
Currency program ..........................................................
Postage program ............................................................
Other programs ..............................................................
Purchase of operating equipment .................................
Plant alterations and experimental equipment .............

384
46
13
44
1

465
40
8
99
1

488
38
7
99
1

10.00

Total new obligations ................................................

488

613

633

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

154
443

109
513

9
533

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

597
¥488
109

622
¥613
9

542
¥633
¥91

New budget authority (gross), detail:
Discretionary:
68.00
Spending authority from offsetting collections
(gross): Offsetting collections (cash) ...................

443

513

533

81
488
¥544

25
613
¥533

105
633
¥533

72.40
73.10
73.20

Sfmt 3643

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TRE

BUREAU OF ENGRAVING AND PRINTING—Continued
Federal Funds—Continued

DEPARTMENT OF THE TREASURY
74.40

Obligated balance, end of year .....................................

105

205

PERFORMANCE MEASURES
2002 actual

Outlays (gross), detail:
86.90 Outlays from new discretionary authority .....................
86.93 Outlays from discretionary balances .............................

443
101

513
533
20 ...................

87.00

544

533

Total outlays (gross) .................................................

¥46
¥13
¥384

¥40
¥8
¥465

¥38
¥7
¥488

88.90

¥443

¥513

¥533

89.00
90.00

The Bureau of Engraving and Printing designs, manufactures, and supplies Federal Reserve notes, various public debt
instruments, as well as most evidences of a financial character issued by the United States, such as postage and internal revenue stamps. The Bureau executes certain printings
for various territories administered by the United States, particularly postage and revenue stamps.
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 2003 and 2004
are estimated to be 8.2 and 8.5 billion respectively. During
2002, the Bureau delivered 7.0 billion Federal Reserve
notes.
Stamps.—This category of work is comprised of postal
and internal revenue stamps. The projected requirements
of 2003 and 2004 are estimated to be 9.0 billion and 7.5
billion stamps, respectively. In 2002, the Bureau delivered
12.2 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.
Space utilized by other agencies.—Other agencies are
charged for services provided in the space occupied in the
Bureau’s buildings.
Other miscellaneous services.—A wide variety of miscellaneous services are performed by Bureau personnel for other
agencies, which are charged on an actual cost basis.
Purchase of operating equipment.—This category consists
of new purchases and replacement of printing equipment and
other related printing items.
Plant alterations and experimental equipment.—This category encompasses alterations made on the Bureau’s buildings and purchases of experimental equipment.
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 2002 resulted in a
decrease to retained earnings of $29 million.
VerDate Dec 13 2002

15:40 Jan 23, 2003

Jkt 193833

PO 00000

Frm 00025

Manufacturing workyears ............................................................
Protection and accountability of assets .....................................
Resource management workyears ...............................................
Total workyears ..............................................................

2003 est.

1,775
452
345
2,572

1,820
460
340
2,620

2004 est.

1,780
460
330
2,570

533

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
Federal sources:
88.00
Postage .............................................................
88.00
Other .................................................................
88.40
Currency ................................................................
Total, offsetting collections (cash) ..................

789

Fmt 3616

Manufacturing:
Federal Reserve orders met as requested ..............................
100%
USPS orders met as requested ...............................................
100%
Change in productivity from prior year ..................................
–6.3%
Manufacturing cost for currency (cost per 1000 notes)
$30.03
Manufacturing cost for stamps 100 stamp flag coil pressure sensitive (cost per 1000 stamps) .............................
$1.48
Notes returned by Federal Reserve due to manufacturing
defect (per million notes) ..................................................
.006
Stamps returned by USPS due to manufacturing defect
(per million stamps) ..........................................................
.02
Notes returned by Federal Reserve because of counterfeit
deterrence defect (per million notes) ................................
.0142
Maintain/Upgrade ISO Certification ........................................
Certified
Workload Measure:
Federal Reserve note deliveries (in billions) ..........................
7.0
Postage stamp deliveries (in billions) ...................................
12.2
Protection and Accountability of Assets:
Currency shipment discrepancies (per million notes) ...........
0.0
Postage Stamp discrepancies (per million stamps) ..............
2.11
Resource Management:
Annual financial statement audit opinion ............................. Unqualified

100%
100%
Discontinued Discontinued
0% Discontinued
$31.00
$35.00
Discontinued Discontinued
.025 Discontinued
Discontinued Discontinued
Discontinued Discontinued
Certified
Certified
8.2
9.0

8.5
7.5

0.01
0.01
Discontinued Discontinued
Unqualified Unqualified

1 Unqualified

opinion received.
2 Unqualified opinion expected.

Statement of Operations (in millions of dollars)
Identification code 20–4502–0–4–803

2001 actual

2002 actual

2003 est.

2004 est.

0101
0102

Revenue ...................................................
Expense ....................................................

391
–436

443
–472

513
–533

533
–533

0105

Net income or loss (–) ............................

–45

–29

–20

..................

Balance Sheet (in millions of dollars)
2001 actual

2002 actual

22
2

71
4

30
1

20
1

238
73
299
21

137
79
307
21

168
49
337
20

100
30
350
15

Total assets ........................................
LIABILITIES:
2101 Federal liabilities: Accounts payable ......
Non-Federal liabilities:
2201
Accounts payable ................................
2206
Pension and other actuarial liabilities

655

619

605

516

39
59

26
57

25
60

20
65

2999

Total liabilities ....................................
NET POSITION:
3100 Appropriated capital ................................
3300 Cumulative results of operations ............

106

105

32
517

32
488

32
468

32
389

3999

Total net position ................................

549

520

500

421

4999

Total liabilities and net position ............

655

619

605

516

Identification code 20–4502–0–4–803

ASSETS:
Non-Federal assets:
1206
Receivables, net ..................................
1207
Advances and prepayments ................
Other Federal assets:
1801
Cash and other monetary assets .......
1802
Inventories and related properties .....
1803
Property, plant and equipment, net
1901
Other assets—Machinery repair parts
1999

2003 est.

2004 est.

Object Classification (in millions of dollars)
2002 actual

Identification code 20–4502–0–4–803

2003 est.

2004 est.

11.1
11.3
11.5

Personnel compensation:
Full-time permanent ..................................................
Other than full-time permanent ...............................
Other personnel compensation ..................................

148
2
12

162
5
23

168
5
24

11.9
12.1
21.0
23.1
23.3
24.0
25.2

Total personnel compensation ..............................
162
Civilian personnel benefits ............................................
42
Travel and transportation of persons ............................
1
Rental payments to GSA ................................................
2
Communications, utilities, and miscellaneous charges
15
Printing and reproduction .............................................. ...................
Other services ................................................................
46

190
55
5
3
30
1
51

197
56
5
3
35
1
60

Sfmt 3643

E:\BUDGET\TRE.XXX

TRE

790

BUREAU OF ENGRAVING AND PRINTING—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2004

Intragovernmental funds—Continued
BUREAU

ENGRAVING

AND

PRINTING FUND—Continued

Object Classification (in millions of dollars)—Continued
2002 actual

Identification code 20–4502–0–4–803

2003 est.

2004 est.

26.0
31.0

Supplies and materials .................................................
Equipment ......................................................................

157
63

178
100

176
100

99.9

Total new obligations ................................................

488

613

633

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
Non-Federal sources:
88.40
Circulating coinage ..........................................
88.40
Commemorative quarters .................................
88.40
Numismatic and investment products .............

¥206
¥194
¥404

¥254
¥247
¥445

¥262
¥259
¥450

88.90

¥804

¥946

¥971

88.95

Personnel Summary
2002 actual

Identification code 20–4502–0–4–803

2001

Reimbursable:
Total compensable workyears: Civilian full-time equivalent employment ......................................................

2003 est.

2,400

2,627

2004 est.

2,627

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
2004 under such section 5136 for circulating coinage and protective
service capital investments of the United States Mint shall not exceed
$40,652,000.
Program and Financing (in millions of dollars)
2002 actual

Identification code 20–4159–0–3–803

2003 est.

2004 est.

09.01
09.02
09.03
09.04

Obligations by program activity:
Circulating coinage ........................................................
Commemorative states quarters ...................................
Numismatic and investment products ..........................
Protection .......................................................................

176
158
362
42

236
226
445
39

244
236
450
41

10.00

Total new obligations ................................................

738

946

971

21.40
22.00
22.40

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

802
¥738
64

1,010
¥946
64

1,035
¥971
64

13 ................... ...................
804

946

971

10 ................... ...................

Spending authority from offsetting collections
(total discretionary) ..........................................

814

946

971

Total new budget authority (gross) ..........................

827

946

971

250
738
¥741

237
946
¥946

237
971
¥971

86.90

15
64
64
827
946
971
¥40 ................... ...................

Outlays (gross), detail:
Outlays from new discretionary authority .....................

VerDate Dec 13 2002

15:40 Jan 23, 2003

Jkt 193833

¥10 ................... ...................
237
237
237

741
PO 00000

946

971

Frm 00026

Fmt 3616

89.00
90.00

Total, offsetting collections (cash) ..................
Against gross budget authority only:
Change in uncollected customer payments from
Federal sources (unexpired) ..................................
Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

¥10 ................... ...................

13 ................... ...................
¥63 ................... ...................

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 Fund
encompasses the previous Salaries and Expenses, Coinage
Profit Fund, Coinage Metal Fund, and the Numismatic Public
Enterprise Fund. The Mint submits annual audited businesstype financial statements to the Secretary of the Treasury
and to Congress in support of the operations of the revolving
fund.
The operations of the Mint are divided into three major
activities: 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 2002, the
Mint transferred $1,030 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 2004, this activity will
manufacture 13.8 billion coins for sale to the Federal Reserve
System. In 1996, with the merger of the former Coinage Metal
Fund into the Mint Public Enterprise Fund, the Mint began
including the cost of metal in the Circulating Coinage activity.
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 2004, this activity will fund
the Thomas A. Edison Commemorative Coin Program and
the Lewis and Clark Expedition Commemorative Coin Program. 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 will be issued in the order of
each state’s admission to the Union. The Mint will produce
five different state quarter designs each year resulting in
a 10-year program. All coins produced for this program are
considered to be numismatic products (Public Law 105–124).
Sfmt 3616

E:\BUDGET\TRE.XXX

TRE

BUREAU OF THE PUBLIC DEBT
Federal Funds

DEPARTMENT OF THE TREASURY

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.
2002 actual

Lost Time Accident Rate .............................................................
Workforce Climate** ...................................................................
Cycle Time ...................................................................................
Inventory Turnover .......................................................................
Machine Availability ....................................................................
Yield .............................................................................................
Conversion Cost per 1000 Coin Equivalents ..............................
SG&A Costs as a % of Revenue (excl. Bullion) .........................
Customer Satisfaction Index .......................................................
Threat Index .................................................................................

2003 est.

2.24
N/A
112
1.59
52%
86%
$8.69
12.7%
51%
1

1.24
TBD
128
3.3
57%
97%
$9.75
7.7%
90%
0

Statement of Operations (in millions of dollars)
2001 actual

2002 actual

2003 est.

2004 est.

0101
0102

Revenue ...................................................
Expense ....................................................

1,120
–1,053

802
–738

1,010
–946

1,035
–971

0105

Net income or loss (–) ............................

Balance Sheet (in millions of dollars)
2002 actual

279

301

480

550

7
7

17
5

6
7

468
327
5

336
314
13

275
376
5

201
398
5

1,093

986

1,149

1,167

160

167

179

182

28
62

27
60

7
62

7
65

Total liabilities ....................................
NET POSITION:
3300 Cumulative results of operations ............

250

254

248

254

843

732

901

913

3999

Total net position ................................

843

732

901

913

4999

Total liabilities and net position ............

1,093

986

1,149

1,167

ASSETS:
Federal assets:
1101
Fund balances with Treasury .............
Investments in US securities:
1106
Receivables, net .............................
1107
Advances and prepayments ...........
Other Federal assets:
1802
Inventories and related properties .....
1803
Property, plant and equipment, net
1901
Other assets ........................................
1999

2004 est.

2002 actual

Identification code 20–4159–0–3–803

2003 est.

2004 est.

11.1
11.3
11.5

113
135
141
1 ................... ...................
15
12
12

11.9
12.1
13.0
21.0
22.0
23.1
23.2
23.3
24.0
25.2
26.0
31.0
32.0

Total personnel compensation ..............................
Civilian personnel benefits ............................................
Benefits for former personnel ........................................
Travel and transportation of persons ............................
Transportation of things ................................................
Rental payments to GSA ................................................
Rental payments to others ............................................
Communications, utilities, and miscellanoues charges
Printing and reproduction ..............................................
Other services ................................................................
Supplies and materials .................................................
Equipment ......................................................................
Land and structures ......................................................

129
37
3
3
27
1
18
12
2
85
367
30
24

147
153
39
40
1
1
3
4
26
27
1 ...................
18
17
15
18
8
8
124
131
511
512
42
53
11
7

99.9

Total new obligations ................................................

738

946

15:40 Jan 23, 2003

2,428

2003 est.

2004 est.

2,467

2,610

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, $178,098,000, of which not to exceed $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 for systems modernization: Provided, That the sum appropriated herein from the General Fund for fiscal year 2004 shall be
reduced by not more than $4,400,000 as definitive security issue fees
and Treasury Direct Investor Account Maintenance fees are collected,
so as to result in a final fiscal year 2004 appropriation from the
General Fund estimated at $173,698,000. In addition, $40,000, 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.

Program and Financing (in millions of dollars)

Object Classification (in millions of dollars)

VerDate Dec 13 2002

Reimbursable:
2001 Total compensable workyears: Civilian full-time equivalent employment ......................................................

2001 actual

Identification code 20–4159–0–3–803

2003 est.

2002 actual

Identification code 20–4159–0–3–803

**The United States Mint will begin collecting new data in January 2003.

Identification code 20–4159–0–3–803

Personnel Summary

2004 est.

1.44
TBD
150
2.4
51%
96%
$10.25
7.7%
90%
0

791

Jkt 193833

PO 00000

Frm 00027

971
Fmt 3616

2002 actual

Identification code 20–0560–0–1–803

2003 est.

2004 est.

Obligations by program activity:
Direct program:
00.01
Savings and retirement securities ............................
00.02
Marketable and special securities ............................
00.03
Reimbursements to Federal Reserve Banks .............
09.01 Reimbursable program ..................................................

135
50
135
8

137
54
133
10

127
47
131
10

10.00

Total new obligations ................................................

328

334

315

21.40
22.00
22.10

6
328

5
334

5
315

23.90
23.95
23.98
24.40

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
Mandatory:
60.00
Appropriation .............................................................
Spending authority from offsetting collections:
Discretionary:
Offsetting collections (cash):
68.00
Offsetting collections (cash) ............................
68.00
Offsetting collections (user fees) .....................
68.10
Change in uncollected customer payments from
Federal sources (unexpired) .............................
68.90

2 ................... ...................
336
339
320
¥328
¥334
¥315
¥2 ................... ...................
5
5
5

188

191

174

131

133

131

5
3

6
4

1 ................... ...................

Spending authority from offsetting collections
(total discretionary) .....................................

70.00

Total new budget authority (gross) ..........................

328

334

315

72.40
73.10
73.20
73.45
74.00

Sfmt 3643

E:\BUDGET\TRE.XXX

TRE

82
86
90
328
334
315
¥322
¥330
¥317
¥2 ................... ...................
¥1 ................... ...................

792

BUREAU OF THE PUBLIC DEBT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2004

General and special funds—Continued
ADMINISTERING

THE

PUBLIC DEBT—Continued

Program and Financing (in millions of dollars)—Continued
2002 actual

Identification code 20–0560–0–1–803

2003 est.

2004 est.

74.40

Obligated balance, end of year .....................................

86.90
86.93
86.97
86.98

173
19
66
64

178
22
98
32

163
23
100
31

87.00

Total outlays (gross) .................................................

322

330

317

¥5
¥3

¥6
¥4

88.90

¥8

¥10

88.95

89.00
90.00

¥1 ................... ...................

319
314

324
320

305
307

Additional net budget authority and outlays to cover cost of fully accruing retirement:
99.00 Budget authority ............................................................
8
9
99.01 Outlays ...........................................................................
8
9

9
9

This appropriation provides funds for the conduct of all
public debt operations and the promotion of the sale of U.S.
savings-type securities.
Processing and accounting for:
Savings securities.—This activity involves the issuance,
servicing, and retirement of savings bonds and notes and
retirement-type securities, including: (1) the maintenance and
servicing of individual accounts of owners of series H and
HH bonds and the authorization of interest payments; and
(2) the maintenance of accounting control over financial transactions, securities transactions and accountability, and interest cost. These functions are performed directly by the Bureau
of the Public Debt, by the Federal Reserve Banks as fiscal
agents of the United States, and by the qualified agents which
issue and redeem savings bonds and notes.
The 2004 Budget does not seek funding for Public Debt
to market and advertise savings securities.
2002 actual

Provide accurate and timely public debt accounting information:
Receive unqualified audit opinions on the public debt outstanding .............................................................................
Number of Savings Securities Redemptions (000) ................
Number of Savings Securities Issued (000) ..........................
Provide quality service to purchasers of savings bonds:
Percent over-the-counter issued within three weeks .............
Percent of customer service transactions within three weeks
Percent of customer service transactions within 13 business days ...........................................................................
Percent of customers rating their overall satisfaction as
good or excellent ................................................................
Maintain a high quality workforce:
Percent of employees rating the job satisfaction as satisfied or better ......................................................................

n/a
41,410
44,001

2003 est.

2004 est.

n/a Unqualified
Opinion
42,000
42,000
52,500
52,500

99.93%
95%

99.95%
90%

99.95%
n/a

n/a

90%

n/a

90%

n/a

70%

15:40 Jan 23, 2003

Jkt 193833

2002 actual

Provide accurate and timely public debt accounting information:
Receive unqualified audit opinions on the public debt outstanding .............................................................................
Meet the borrowing needs of the Federal Government:
Percent completed within one hour ........................................
Percent completed within 25 minutes ...................................
Percent completed within six minutes ...................................
Percent completed within 2 minutes +/– 30 seconds ..........
Quality service to investors:
Percent of Treasury Direct (TD) transactions within 3 weeks
Percent of TD payments timely ..............................................
Percent of TD payments accurately ........................................
Percent of TD payments timely and accurately .....................
Percent Commercial Book Entry payments accurately and
timely ..................................................................................
Process Government Securities Investment Program transactions timely .....................................................................
Process Government Securities Investment Program transactions accurately ..............................................................
Percent of Federal Investment Program transactions timely
and accurately ....................................................................
Percent of customers rating their overall satisfaction as
good or excellent ................................................................
Maintain a high quality workforce:
Percent of employees rating the job satisfaction as satisfied or better ......................................................................

PO 00000

Frm 00028

Fmt 3616

n/a

2003 est.

2004 est.

n/a Unqualified
Opinion

n/a
99%
n/a
n/a

n/a
n/a
80%
n/a

n/a
n/a
n/a
95%

97%
100%
100%
n/a

90%
100%
100%
n/a

90%
n/a
n/a
100%

100%

n/a

99%

n/a

100%

n/a

90%

n/a

70%

Object Classification (in millions of dollars)
2002 actual

Identification code 20–0560–0–1–803

11.1
11.5

Direct obligations:
Personnel compensation:
Full-time permanent .............................................
Other personnel compensation .............................

11.9
12.1
21.0
23.1
23.3

25.7
26.0
31.0

Total personnel compensation .........................
Civilian personnel benefits .......................................
Travel and transportation of persons .......................
Rental payments to GSA ...........................................
Communications, utilities, and miscellaneous
charges .................................................................
Printing and reproduction .........................................
Other services ............................................................
Other purchases of goods and services from Government accounts .................................................
Operation and maintenance of equipment ...............
Supplies and materials .............................................
Equipment .................................................................

99.0
99.0
99.5

99.9

Total new obligations ................................................

24.0
25.2
25.3

2003 est.

2004 est.

70
4

76
4

66
4

74
18
2
6

80
18
2
6

70
16
2
5

17
3
26

18
6
35

17
4
33

161
3
2
7

147
2
3
7

146
2
3
7

319
324
305
8
10
10
1 ................... ...................
328

334

315

Personnel Summary
2002 actual

Identification code 20–0560–0–1–803

Marketable and special securities.—This activity involves
all securities of the United States, other than savings and
retirement securities, including securities of Government corporations for which the Bureau of the Public Debt provides
services. Functions performed relate to the issuance, servVerDate Dec 13 2002

icing, and retirement of these securities, both directly by the
Bureau and through the Federal Reserve Banks, as fiscal
agents, including: (1) The maintenance and servicing of individual accounts of owners of registered securities and bookentry Treasury bills; (2) the authorization of interest and
principal payments; and (3) the maintenance of accounting
control over financial transactions, securities transactions and
accountability, and interest cost.

2003 est.

2004 est.

1001

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TRE

1,453

1,478

1,333

INTERNAL REVENUE SERVICE
Federal Funds—Continued

DEPARTMENT OF THE TREASURY

PAYMENT

GOVERNMENT LOSSES

SHIPMENT

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–1710–0–1–803

2003 est.

2004 est.

00.01

Obligations by program activity:
Direct program activity .................................................. ...................

2 ...................

10.00

Total new obligations (object class 42.0) ................ ...................

2 ...................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year ...................
New budget authority (gross) ........................................
1

1 ...................
1 ...................

23.90
23.95
24.40

Total budgetary resources available for obligation
1
2 ...................
Total new obligations .................................................... ...................
¥2 ...................
Unobligated balance carried forward, end of year .......
1 ................... ...................

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................

1 ...................

73.10
73.20

2 ...................
¥1 ...................

86.97

Outlays (gross), detail:
Outlays from new mandatory authority ......................... ...................

1 ...................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
1
Outlays ........................................................................... ...................

1 ...................
1 ...................

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 150 claims are paid annually.
f

INTERNAL REVENUE SERVICE
The mission of the Internal Revenue Service 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 achieve this mission, the Service has established three
strategic goals. In order to achieve the first goal ‘‘Service
to Each Taxpayer,’’ the IRS will make filing easier, provide
first quality service to each taxpayer needing help with his
or her return or account, provide prompt, professional, helpful
treatment to taxpayers in cases where additional taxes may
be due, and improve taxpayer access to toll-free telephone
assistance. Second, to achieve the goal of ‘‘Service to All Taxpayers,’’ the IRS will increase fairness of compliance, and
increase overall compliance. The Service will meet its third
goal ‘‘Productivity Through a Quality Work Environment,’’
by increasing employee job satisfaction and productivity while
the economy grows and service improves.
Ensuring Fair Compliance: The IRS is shifting enforcement
resources from lower income individual and small corporate
returns to focus on higher income individual returns, tax shelters and abusive schemes. In addition, the Budget includes
a $133 million initiative for 1,700 staff to help insure that
compliance is enforced fairly for all taxpayers.
Reengineering of the Collection Process: The IRS goal is
to collect all unpaid tax assessments that can be reasonably
collected while protecting taxpayer rights through efficient,
least burdensome techniques. The key to this goal is to identify taxpayer accounts with a high risk of non-payment as
early as possible and to intervene immediately. To achieve
this, the Budget proposes legislation to allow the use of contract collection agents. In addition, IRS is completely reengineering the collection process using new technology.
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793

The IRS is changing the way it uses measures to focus
attention on priorities, assess organizational performance and
identify improvement opportunities. Management processes
and activities are being realigned to ensure that they support
the mission of the IRS and incorporate the principles of a
balanced measurement system. Under this new approach, the
framework for measuring organizational performance is
aligned with its strategic goals and balances the Service’s
focus across three major areas: business results, customer
satisfaction, and employee satisfaction, with business results
being comprised of measures of quality and quantity.
The IRS has a long-term plan to raise performance in all
dimensions of its mission by modernizing and reengineering
all basic activities to conform to known best practices. In
FY 2004, the IRS will improve performance primarily through
better management and fundamental reengineering of business processes, and secondarily by increases in resources.
Business Systems Modernization: The Business Systems
Modernization (BSM) appropriation provides for revamping
business practices and acquiring new technology by a formal
process of prioritization, approval, funding, and evaluation
of an investment portfolio.
Telephone Level of Service: The goal is to provide service
comparable to the best quality telephone based customer service organizations. This is measured by access, quality, and
customer satisfaction. Success in these areas can be achieved
by continuing implementation of our long-term plan which
includes using technology to route telephone calls automatically to employees with specialized training.
Increased e-File/e-Services: Additional electronic filing options continue to produce long-term resource savings as we
promote e-filed returns. Further savings will be realized during migration to an information- and transaction-based web
site, facilitating more efficient communication with stakeholders.
Health Insurance Tax Credit Administration: The Budget
includes a new account to fund the administrative costs of
administering the new Trade Adjustment Assistance health
insurance tax credit.
KEY OPERATIONAL MEASURES AND PERFORMANCE INDICATORS
2002 actual

2003
Performance
Plan

2004
President’s
Budget

NA
129,680
176
NA
367

7,000,000
189,000
140
17,000,000
330

6,000,000
128,000
160
23,000,000
400

84,740
37,126
46,785
53,026
174,892
36%
367,063
26%
3.11
22.5
63,796
30,525

79,000
34,000
54,000
61,000
174,000
41%
TBD
TBD
4.00
22.6
50,000
33,700

75,000
33,000
60,000
68,000
176,000
44%
TBD
TBD
4.70
23.2
50,000
35,000

56%
2%
68%
81%
74%

56%
2%
72%
tbd
77%

57%
2%
73%
tbd
tbd

Performance goal A: Provide assistance to taxpayers in
understanding their tax responsibilities and preparing
accurate returns
Performance measures:
1. Number of taxpayers assisted (direct) ............................
2. EP/EO determination letters .............................................
3. Advanced pricing agreements and negotiated positions
4. Number of taxpayers assisted (indirect) .........................
5. Total Published Guidance Items Published .....................
Performance goal B: Provide assistance to taxpayers in filing
returns, receiving refunds, making payments and resolving
questions about their accounts
Performance measures:
1. Individual 1040 returns (paper) (thousands) ..................
2. Business returns (thousands) (paper) .............................
3. Individual 1040 returns (thousands) (electronic) ............
4. Total primary electronic returns (thousands) ..................
5. Total primary paper returns filed (thousands) ................
6. Percent of individual returns filed electronically ............
7. Information returns filed electronically (thousands) .......
8. Information returns filed electronically (%) ....................
9. IRS digital daily hits (billions) ........................................
10. Customer account correspondence (millions) ..................
11. Teletax and toll-free automated calls (thousands) .........
13. Assistor call answered (thousands) .................................
14. Toll-free customer satisfaction:
% satisfied ....................................................................
% dissatisfied ...............................................................
15. Toll-free level of service ...................................................
16. Toll-free tax law quality ...................................................
17. Toll-free account quality ..................................................
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TRE

794

INTERNAL REVENUE SERVICE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2004

KEY OPERATIONAL MEASURES AND PERFORMANCE INDICATORS—Continued

18. Customer Satisfaction Walk-in:
% satisfied ....................................................................
% dissatisfied ...............................................................
19. Total returns prepared (thousands) .................................
20. Payment received electronically (thousands) ...................
21. IRS Digital daily downloads (millions) ............................
22. Tax law contracts .............................................................
23. Customer accounts correspondence quality ....................
24. Accounts contacts ............................................................
25. Toll-free tax law accuracy ................................................
26. Toll-free accounts accuracy .............................................

2002 actual

2003
Performance
Plan

2004
President’s
Budget

86%
8%
886.8
66,029
438
1,843,000
75%
3,110,000
NA
NA

88%
7%
737
66,200
496
1,900,000
79%
3,300,000
86%
91%

88%
7%
589
67,100
579
2,000,000
TBD
3,600,000
89%
93%

ices as authorized by 5 U.S.C. 3109, at such rates as may be determined by the Commissioner, $4,074,694,000, of which up to
$3,950,000 shall be for the Tax Counseling for the Elderly Program,
of which $7,000,000 shall be available for low-income taxpayer clinic
grants, and of which not to exceed $25,000 shall be for official reception and representation expenses.
Note.—A regular 2003 appropriation for this account had not been enacted at the time
the budget was prepared; therefore, this account is operating under a continuing resolution
(P.L. 107–229, as amended). The amounts included for 2003 in this budget reflect the
Administration’s 2003 policy proposals.

Unavailable Collections (in millions of dollars)
2002 actual

Identification code 20–0912–0–1–803

01.99
Performance goal C: Bring taxpayers into compliance with the
law
Performance measures:
1. Telephone customer satisfaction (ACS)
% satisfied ....................................................................
% dissatisfied ...............................................................
2. ACS closures—Taxpayer delinquent accounts
3. ACS closures—Taxpayer delinquent investigations
4. Automated collection system (ACS) level of service
5. Customer satisfaction—collection field
% satisfied ....................................................................
% dissatisfied ...............................................................
6. Field collection—number of cases closed (TDA) ............
7. Field collection—number of cases closed TDI ................
8. Field collection quality .....................................................
9. Offers in compromise processed ......................................
10. Automated underreporter closures ...................................
11. Automated underreporter quality .....................................
12. Correspondence examination customer satisfaction
% satisfied ....................................................................
% dissatisfied ...............................................................
13. Correspondence returns examined
EITC ................................................................................
Non EITC ........................................................................
14. Correspondence examination quality ...............................
15. Field exam customer satisfaction
% satisfied ....................................................................
% dissatisfied ...............................................................
16. Individual return examinations >$100,000 .....................
17. Individual return examinations <$100,000 .....................
18. Field exam quality SBSE
Quality—Office ..............................................................
Quality—Field ................................................................
19. Field exam quality LMSB
quality—industry cases ................................................
quality—coordinated industry cases ............................
20. Business returns examined ..............................................
21. Corporate cases examined (large case) ..........................
22. Number of returns closed (large case) ............................
23. EP and EO exam customer satisfaction
% satisfied ....................................................................
% dissatisfied ...............................................................
24. EP/EO examination closed ................................................
25. EP and EO examination quality .......................................
26. Innocent spouse determinations made claimant notified
27. Appeals cases closed (disposals) ....................................
28. Criminal Investigations completed ..................................
29. Total Tax court cases (beginning inventory and receipts) .................................................................................
30. Taxpayer advocate closure to receipt ratio ......................
31. Taxpayer advocate casework quality index ......................
32. Total enforcement revenue (billions) ...............................
33. Agency-wide employee satisfaction .................................
34. Individual return examinations ........................................
35. Number of tax court receipts ...........................................
36. Taxpayer contact full-time equivalent positions (with
EITC) ...................................................................................
37. Full-time equivalent positions per billion dollars of
real gross domestic product ..............................................
38. Employee health and safety—lost workday case rate

53%
3%
950,696
190,411
69%

45%
7%
1,050,000
202,000
74%

48%
6%
1,138,000
220,000
80%

51%
23%
724,430
140,737
84%
110,205
2,922,182
95%

50%
15%
714,000
113,000
87%
100,000
2,900,000
95%

51%
14%
769,000
122,000
89%
125,000
3,100,000
tbd

33%
41%

33%
35%

34%
33%

367,799
177,447
71%

349,000
246,000
73%

364,000
227,000
tbd

47%
27%
64,911
140,350

52%
17%
62,000
121,000

53%
17%
82,000
148,000

74%
71%

73%
76%

74%
78%

69%
78%
21,159
528
4,851

75%
85%
18,000
486
4,100

77%
85%
18,000
486
4,100

70%
8%
13,549
75%
60,730
68,015
3,201

71%
7%
15,000
79%
52,000
77,000
3,250

71%
7%
20,400
82%
51,000
77,000
3,400

36,141
n/a
72%
tbd
55%
205,261
17,371

30,000
105%
90%
$33.9
58%
183,000
18,000

31,000
105%
90%
$34.5
62%
230,000
18,500

68,243

67,534

69,290

10.17
0.98%

9.98
0.49%

tbd
tbd

Federal Funds
General and special fund:
PROCESSING, ASSISTANCE,

AND

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2004 est.

2
54
8
7

2
53
8
7

02.99

Total receipts and collections ...................................

Total: Balances and collections ....................................
Appropriations:
05.00 Processing, assistance, and management ....................
05.01 Tax law enforcement ......................................................
05.02 Information systems ......................................................

¥18
¥19
¥33

¥40
¥1
¥29

¥29
¥10
¥31

05.99

Total appropriations ..................................................

¥70

07.99

Balance, end of year .....................................................

04.00

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0912–0–1–803

2003 est.

2004 est.

Obligations by program activity:
Direct program:
00.01
Pre-filing taxpayer assistance and education ..........
00.02
Filing and account services ......................................
00.03
Shared services support ............................................
00.04
General management and administration ................

568
1,590
1,215
479

634
1,637
1,203
526

652
1,668
1,240
544

01.00
09.01

Subtotal, direct programs .........................................
Reimbursable program ..................................................

3,852
31

4,000
31

4,104
31

10.00

Total new obligations ................................................

3,883

4,031

4,135

21.40
22.00
22.10

38
3,874

30
4,031

30
4,135

23.90
23.95
23.98
24.40

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
50.00
Reappropriation .........................................................
Mandatory:
60.20
Appropriation (special fund) .....................................
Discretionary:
68.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................
70.00

Total new budget authority (gross) ..........................

72.40
73.10
73.20
73.40
73.45
74.40

86.90
86.93
86.97

MANAGEMENT

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 serv-

2003 est.

Balance, start of year ....................................................
Receipts:
02.00 Enrolled agent fee increase ...........................................
02.20 New installment agreements fees .................................
02.21 Restructured installment agreements fees ...................
02.22 General user fees, miscellaneous retained fees ...........

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TRE

5 ................... ...................
3,917
4,061
4,165
¥3,883
¥4,031
¥4,135
¥4 ................... ...................
30
30
30

3,811
14

3,958
4,075
2 ...................

3,874

4,031

4,135

559
447
432
3,883
4,031
4,135
¥4,001
¥4,046
¥4,122
11 ................... ...................
¥5 ................... ...................
447
432
445

3,423
560
18

3,554
452
40

3,656
437
29

INTERNAL REVENUE SERVICE—Continued
Federal Funds—Continued

DEPARTMENT OF THE TREASURY
87.00

Total outlays (gross) .................................................

4,001

4,046

4,122

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

¥31

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

3,843
3,970

4,000
4,015

4,104
4,091

89.00
90.00

99.00
99.01

Additional net budget authority and outlays to cover cost of fully accruing retirement:
Budget authority ............................................................
173
191
Outlays ...........................................................................
173
191

204
204

This appropriation provides for: processing tax returns and
related documents; assisting taxpayers in the filing of their
returns, paying taxes that are due, and complying with tax
laws; issuing technical rulings; revenue accounting, conducting background investigations; managing financial resources, rent and utilities.
Pre-Filing Taxpayer Assistance and Education.—This activity includes resources to support services provided before a
return is filed to assist the taxpayer in filing a correct return.
Included in this activity are staffing, training and direct support for (1) pre-filing services operational management; (2)
tax law interpretation and published guidance; (3) taxpayer
communication and education to research customer needs, develop and manage education programs, establish partnerships
with stakeholder groups, and disseminate tax information to
taxpayers and the general public; (4) media and publications
to supply notices and printed and electronic tax materials
to taxpayers; (5) rulings and agreements to apply the tax
law to specific taxpayers in the form of pre-filing agreements,
determination letters, advance pricing agreements and other
pre-filing determinations and advice; (6) marketing of electronic tax administration products and services; and (7) ensuring that taxpayers have an advocate to prevent future
problems by identifying the underlying causes of taxpayers’
problems and to participate in the development of systemic
and/or procedural remedies.
Filing and Account Services.—This activity provides resources to support services provided to a taxpayer in the
process of filing returns and paying taxes in addition to
issuance of refunds and maintenance of taxpayers accounts.
Included in this activity are staffing, training and direct support for (1) filing and account services operational management; (2) submission processing of paper and electronically
submitted tax returns and supplemental documents which
account for tax revenues, and issue refunds and tax notices;
(3) electronic/correspondence assistance to taxpayers to resolve account and notice inquires, either electronically or by
telephone; (4) face-to-face assistance to taxpayers, including
return preparation, answering tax questions, resolving account and notice inquiries, and supplying forms and publications to taxpayers; and (5) processing of information documents which enables the Service to match this information
with that provided by taxpayers on their returns.
Shared Services Support.—This activity provides staffing,
training and direct support for: (1) services and supplies to
manage IRS facilities; (2) human resources programs including recruitment, labor and employee relations, workforce planning and evaluation, performance management, employee
benefits, personnel security and transactional processing; (3)
procurement; (4) the Servicewide EEO and Diversity program;
(5) financial services including relocation, travel, imprest
fund, purchase cards, corporate express and employee clearance; and (6) Treasury complaint centers. This activity also
provides resources for (1) building rent; (2) IRS building services, maintenance space alterations, guard services, custodial
overtime, utility services, and non-information technology
equipment; (3) shared support such as copiers, postage meters, shredders, courier services, P.O. boxes, etc.; and (4)
VerDate Dec 13 2002

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795

cleaning, maintenance, utilities, security and repair costs of
delegated buildings.
General Management and Administration.—This activity
provides staffing, training and direct support for (1) business
unit headquarters management activities of strategic planning, communications and liaison, finance, human resources,
EEO and diversity, and business systems planning; (2) national headquarters management and administration of policy
making and goal setting, leadership and direction for the
IRS, building partner relationships with key stakeholders
(e.g., Congress, OMB, etc.); (3) strategic direction Servicewide
for communications, government liaison and disclosure, legislative affairs and public liaison; (4) general legal advice to
the IRS on non-tax legal issues including procurement, personnel, labor relations, equal employment opportunity, fiscal
law, tort claims and damages, ethics, and conflict of interest;
and (5) payments for workmen’s compensation benefits and
unemployment compensation payments.
Object Classification (in millions of dollars)
2002 actual

Identification code 20–0912–0–1–803

11.1
11.3
11.5

11.9
12.1
13.0
21.0
22.0
23.1
23.2
23.3

1,431
393
105

2003 est.

1,522
361
124

2004 est.

1,550
356
134

Total personnel compensation .........................
1,929
2,007
2,040
Civilian personnel benefits .......................................
527
546
566
Benefits for former personnel ...................................
33
32
33
Travel and transportation of persons .......................
63
68
75
Transportation of things ...........................................
23
18
19
Rental payments to GSA ...........................................
588
595
621
Rental payments to others ........................................
1 ................... ...................
Communications, utilities, and miscellaneous
charges .................................................................
133
152
155
Printing and reproduction .........................................
82
85
87
Advisory and assistance services .............................
61
17
17
Other services ............................................................
125
259
264
Other purchases of goods and services from Government accounts .................................................
97
11
11
Operation and maintenance of facilities ..................
116
137
140
Medical care ..............................................................
11
2
2
Subsistence and support of persons ........................ ...................
3
3
Supplies and materials .............................................
23
24
25
Equipment .................................................................
27
33
35
Grants, subsidies, and contributions ........................
11
11
11
Insurance claims and indemnities ...........................
2 ................... ...................

24.0
25.1
25.2
25.3
25.4
25.6
25.8
26.0
31.0
41.0
42.0
99.0
99.0

Direct obligations ..................................................
Reimbursable obligations ..............................................

3,852
31

4,000
31

4,104
31

99.9

Total new obligations ................................................

3,883

4,031

4,135

Personnel Summary
2002 actual

Identification code 20–0912–0–1–803

2003 est.

2004 est.

1001

43,866

43,246

42,407

531

546

510

TAX LAW ENFORCEMENT
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; 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, $3,976,641,000 of which not to
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796

INTERNAL REVENUE SERVICE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2004

General and special fund—Continued
TAX LAW ENFORCEMENT—Continued
exceed $1,000,000 shall remain available until September 30, 2006,
for research.
Note.—A regular 2003 appropriation for this account had not been enacted at the time
the budget was prepared; therefore, this account is operating under a continuing resolution
(P.L. 107–229, as amended). The amounts included for 2003 in this budget reflect the
Administration’s 2003 policy proposals.

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0913–0–1–999

2003 est.

2004 est.

Obligations by program activity:
Direct program:
00.01
Compliance services ..................................................
00.02
Research and statistics of income ...........................

3,481
81

3,639
90

3,894
93

01.00
09.01

Subtotal, Direct program ...........................................
Reimbursable program ..................................................

3,562
99

3,729
99

3,987
99

10.00

Total new obligations ................................................

3,661

3,828

4,086

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

1
3,662

1 ...................
3,829
4,086

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

3,663
3,830
4,086
¥3,661
¥3,828
¥4,086
1 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
40.73
Reduction pursuant to P.L. 107–206 .......................
42.00
Transferred from other accounts ..............................

3,543
3,729
3,977
¥6 ................... ...................
1 ................... ...................

43.00
50.00

3,538
3,729
3,977
6 ................... ...................

60.20
68.00

Appropriation (total discretionary) ........................
Reappropriation .........................................................
Mandatory:
Appropriation (special fund) .....................................
Discretionary:
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

3,662

3,829

4,086

70.00

Total new budget authority (gross) ..........................

72.40
73.10
73.20
73.40
74.40

86.90
86.93
86.97

3,485
300
19

3,529
161
1

3,758
299
10

87.00

Total outlays (gross) .................................................

3,804

3,691

4,067

299
161
298
3,661
3,828
4,086
¥3,804
¥3,691
¥4,067
5 ................... ...................
161
298
317

tion system (ACS) and collection by correspondence in service
centers; (3) field investigations and collection efforts associated with delinquent taxpayer and business entity liabilities;
(4) documents matching; (5) examination of taxpayer returns
at service centers; (6) field exam to determine corresponding
tax liabilities; (7) enforcement of criminal statutes related
to violations of internal revenue laws and other financial
crimes; (8) processing of reports for current transactions over
$10,000; (9) case settlement through the appeals process; (10)
litigation; and (11) taxpayer advocate case processing.
Research and Statistics of Income.—This activity funds research and statistical analysis support for the Service. It provides annual income, financial, and tax data from tax returns
filed by individuals, corporations, and tax-exempt organizations. Likewise it provides resources for market-based research to identify compliance issues, for conducting tests of
treatments to address non-compliance, and for the implementation of successful treatments of taxpayer non-compliant behavior.
Object Classification (in millions of dollars)
2002 actual

Identification code 20–0913–0–1–999

11.1
11.3
11.5
11.8

11.9
12.1
21.0
22.0
23.3

2,462
103
98
6

2003 est.

2,566
110
109
8

2004 est.

2,717
114
115
9

Total personnel compensation .........................
2,669
2,793
2,955
Civilian personnel benefits .......................................
627
651
714
Travel and transportation of persons .......................
109
100
113
Transportation of things ...........................................
2
2
2
Communications, utilities, and miscellaneous
charges .................................................................
41
41
42
Printing and reproduction .........................................
1
2
2
Advisory and assistance services .............................
24
28
38
Other services ............................................................
38
74
82
Other purchases of goods and services from Government accounts .................................................
20
1
1
Operation and maintenance of facilities ..................
1 ................... ...................
Research and development contracts .......................
2
5
5
Operation and maintenance of equipment ...............
1
6
6
Subsistence and support of persons ........................ ...................
3
3
Supplies and materials .............................................
18
19
20
Equipment .................................................................
6 ................... ...................
Insurance claims and indemnities ...........................
1
1
1
Unvouchered ..............................................................
2
3
3

24.0
25.1
25.2
25.3
25.4
25.5
25.7
25.8
26.0
31.0
42.0
91.0
99.0
99.0

Direct obligations ..................................................
Reimbursable obligations ..............................................

3,562
99

3,729
99

3,987
99

99.9

Total new obligations ................................................

3,661

3,828

4,086

Personnel Summary
Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources
Net budget authority and outlays:
89.00 Budget authority ............................................................
90.00 Outlays ...........................................................................

99.00
99.01

¥99

3,563
3,705

3,730
3,592

3,987
3,968

277
277

This appropriation funds IRS’s ability to provide equitable
application and enforcement of the tax laws, identify possible
nonfilers for investigations, investigate violations of criminal
statutes, and supports the Statistics of Income program.
Compliance Services.—This activity funds services provided
to a taxpayer after a return is filed to identify and correct
possible errors or underpayment. Included in this activity are
staffing, training and support for: (1) compliance services
operational management; (2) the centralized automated collec15:40 Jan 23, 2003

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2003 est.

2004 est.

1001

Additional net budget authority and outlays to cover cost of fully accruing retirement:
Budget authority ............................................................
244
259
Outlays ...........................................................................
244
259

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2002 actual

Identification code 20–0913–0–1–999

¥99

PO 00000

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45,174

45,531

46,656

495

700

650

EARNED INCOME TAX CREDIT COMPLIANCE INITIATIVE
For funding essential earned income tax credit compliance and error
reduction initiatives $251,167,000, of which not to exceed $10,000,000
may be used to reimburse the Social Security Administration for the
costs of implementing section 1090 of the Taxpayer Relief Act of 1997
(Public Law 105–33).
Note.—A regular 2003 appropriation for this account had not been enacted at the time
the budget was prepared; therefore, this account is operating under a continuing resolution
(P.L. 107–229, as amended). The amounts included for 2003 in this budget reflect the
Administration’s 2003 policy proposals.

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INTERNAL REVENUE SERVICE—Continued
Federal Funds—Continued

DEPARTMENT OF THE TREASURY
25.2
25.3

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0917–0–1–803

2003 est.

2004 est.

31.0

Obligations by program activity:
00.01 Earned income tax credit ..............................................

146

251

10.00

Total new obligations ................................................

146

251

146
¥146

251
¥251

146
146
251
¥1 ................... ...................

43.00
50.00

Appropriation (total discretionary) ........................
Reappropriation .........................................................

145
146
251
1 ................... ...................

70.00

Total new budget authority (gross) ..........................

146

251

72.40
73.10
73.20
74.40

28
146
¥151
23

23
146
¥147
22

22
251
¥230
43

123
28

117
30

201
29

87.00

151

147

230

Total outlays (gross) .................................................

99.00
99.01

Other services ................................................................
7
10
64
Other purchases of goods and services from Government accounts ...........................................................
1 ................... ...................
Equipment ...................................................................... ...................
1
1

99.9

Total new obligations ................................................

146
153

146
147

251
230

Additional net budget authority and outlays to cover cost of fully accruing retirement:
Budget authority ............................................................
8
8
Outlays ...........................................................................
8
8

9
9

This appropriation provides for expanded customer service
and public outreach programs, strengthened enforcement activities, and enhanced research efforts to reduce overclaims
and erroneous filings associated with the Earned Income Tax
Credit (EITC).
The budget includes a $100 million initiative to implement
an integrated approach to enhancing EITC administration.
This approach recommended by Treasury’s EITC Task Force
would have claimants provide additional information to the
IRS to validate eligibility before payment. Two principles underlie this approach: (1) the IRS will only refund EITC after
there is clear information that the EITC filer is entitled to
the EITC and (2) the IRS will use compliance and other
available data to determine whether specific groups of claimants can be eliminated from certain certification requirements
because they pose less risk. This approach promises to reduce
non-compliance while minimizing burden and providing certainty to eligible claimants. A significant portion of the FY
2004 request will be used to develop new business processes
and supporting technology infrastructure. Remaining funds
will be used to begin the certification proposal with the recommendation of the EITC Task Force.

146

251

Personnel Summary
2002 actual

Identification code 20–0917–0–1–803

Direct:
1001 Total compensable workyears: Civilian full-time equivalent employment ......................................................

2003 est.

2,467

2,353

2004 est.

2,994

COLLECTION CONTRACTOR SUPPORT
(Legislation proposal, subject to PAYGO)
Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0929–4–1–803

Outlays (gross), detail:
86.90 Outlays from new discretionary authority .....................
86.93 Outlays from discretionary balances .............................

797

2003 est.

2004 est.

00.01

Obligations by program activity:
Collection Contractor Support ........................................ ................... ...................

10.00

Total new obligations (object class 25.2) ................ ................... ...................

22.00
23.95

2
¥2

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation ............................................................. ................... ...................

73.10
73.20

2
¥2

86.97

Outlays (gross), detail:
Outlays from new mandatory authority ......................... ................... ...................

89.00
90.00

2
2

The Budget proposes legislation to allow IRS to employ
private collection agents (PCAs) to help collect known tax
debt and to pay PCA fees. Many states and other federal
agencies already use private collectors, with impressive results. This legislation includes strong protections for taxpayer’s rights.
f

HEALTH INSURANCE TAX CREDIT ADMINISTRATION
For expenses necessary to implement the health insurance tax credit
included in the Trade Act of 2002 (P.L. 107–210), $35,000,000, to
remain available until September 30, 2005.
Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0928–0–1–803

2003 est.

2004 est.

00.01

Obligations by program activity:
Health Care Tax Administration .................................... ...................

10.00

Total new obligations (object class 25.2) ................ ...................

22.00
23.95

70
¥70

35
¥35

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ...................

Change in obligated balances:
Obligated balance, start of year ................................... ................... ...................
Total new obligations .................................................... ...................
70

17
35

Object Classification (in millions of dollars)
2002 actual

Identification code 20–0917–0–1–803

11.1
11.3
11.5

11.9
12.1
21.0
23.3
24.0
25.1

Total personnel compensation ..............................
Civilian personnel benefits ............................................
Travel and transportation of persons ............................
Communications, utilities, and miscellaneous charges
Printing and reproduction ..............................................
Advisory and assistance services ..................................

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79
17
8

2003 est.

82
14
7

2004 est.

121
15
7

104
103
143
27
27
38
1
1
1
1 ................... ...................
3
3
3
2
1
1
PO 00000

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72.40
73.10

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798

INTERNAL REVENUE SERVICE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2004

General and special fund—Continued
HEALTH INSURANCE TAX CREDIT ADMINISTRATION—Continued
Program and Financing (in millions of dollars)—Continued
2002 actual

Identification code 20–0928–0–1–803

73.20
74.40

2003 est.

2004 est.

¥53
¥50
17 ...................

Total outlays (gross) ...................................................... ...................
Obligated balance, end of year ..................................... ...................

Outlays (gross), detail:
86.90 Outlays from new discretionary authority ..................... ...................
53
86.93 Outlays from discretionary balances ............................. ................... ...................

32
18

87.00

Total outlays (gross) ................................................. ...................

Net budget authority and outlays:
89.00 Budget authority ............................................................ ...................
90.00 Outlays ........................................................................... ...................

70
53

35
50

This appropriation provides operating funding to administer
the advance payment feature of a new 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 is effective in August of 2003.
f

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, $1,670,039,000, of which $200,000,000 shall
remain available until September 30, 2005.
Note.—A regular 2003 appropriation for this account had not been enacted at the time
the budget was prepared; therefore, this account is operating under a continuing resolution
(P.L. 107–229, as amended). The amounts included for 2003 in this budget reflect the
Administration’s 2003 policy proposals.

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0919–0–1–803

2003 est.

2004 est.

Obligations by program activity:
Direct program:
00.01
Information systems improvement programs ...........
00.02
Information services ..................................................

39
1,589

50
1,611

50
1,651

01.00
09.01

Subtotal, Direct program ...........................................
Reimbursable program ..................................................

1,628
8

1,661
8

1,701
8

10.00

Total new obligations ................................................

1,636

1,669

1,709

21.40
22.00
22.10

18
1,605

21
1,669

21
1,709

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

34 ................... ...................
1,657
¥1,636
21

1,690
¥1,669
21

1,730
¥1,709
21

New budget authority (gross), detail:
Discretionary:
Appropriation:
40.00
Appropriation .........................................................
40.00
Appropriation .........................................................
40.73
Reduction pursuant to P.L. 107–206 .......................

1,558
1,632
1,670
16 ................... ...................
¥10 ................... ...................

43.00

Appropriation (total discretionary) ........................
Mandatory:
Appropriation (special fund) .....................................
Discretionary:
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

1,564

1,632

1,670

70.00

Total new budget authority (gross) ..........................

1,605

1,669

1,709

72.40

Change in obligated balances:
Obligated balance, start of year ...................................

559

411

363

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60.20
68.00

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73.10
73.20
73.45
74.40

Total new obligations ....................................................
Total outlays (gross) ......................................................
Recoveries of prior year obligations ..............................
Obligated balance, end of year .....................................

86.90
86.93
86.97

1,163
554
33

1,313
375
29

1,344
384
31

87.00

Total outlays (gross) .................................................

1,750

1,717

1,759

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

¥8

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

1,597
1,742

1,661
1,709

1,701
1,751

89.00
90.00

99.00
99.01

1,636
1,669
1,709
¥1,750
¥1,717
¥1,759
¥34 ................... ...................
411
363
313

Additional net budget authority and outlays to cover cost of fully accruing retirement:
Budget authority ............................................................
42
43
Outlays ...........................................................................
42
43

46
46

This appropriation provides for Servicewide information
systems operations and maintenance, and investments to enhance or develop business applications for the IRS Business
Units. The appropriation includes staffing, telecommunications, hardware and software (including commercial-off-theshelf), and contractual services.
Information services.—This activity provides the salaries,
benefits, and related costs to manage, maintain, and operate
the information systems that support tax administration. The
Service’s business activities rely on these information systems
to process tax and information returns, account for tax revenues collected, send bills for taxes owed, issue refunds, assist
in the selection of tax returns for audit, and provide telecommunications services for all business activities including
the public’s toll free access to tax information. These systems
are located in a variety of sites including the Martinsburg,
Tennessee and Detroit Computing Centers; Service Centers;
and in other field office operations. Staffing in this activity
develops and maintains the millions of lines of programming
code supporting all aspects of tax-processing; as well as operating and administering the Service’s hardware infrastructure
of mainframes, minicomputers, personal computers, networks,
and a variety of management information systems.
Information systems improvement programs.—This activity
funds improvements or enhancements to business applications. These investments conform to the modernized IRS architecture. These projects differ in scope from those funded
by the Business Systems Modernization Program, which addresses major common tax administration systems.
Object Classification (in millions of dollars)
2002 actual

Identification code 20–0919–0–1–803

11.1
11.3
11.5

11.9
12.1
21.0
23.3

2003 est.

2004 est.

542
5
21

556
3
23

580
3
24

568
120
20

582
125
22

607
128
22

211
2
337

210
4
343

208
4
351

25.4
25.7
26.0
31.0

Total personnel compensation .........................
Civilian personnel benefits .......................................
Travel and transportation of persons .......................
Communications, utilities, and miscellaneous
charges .................................................................
Advisory and assistance services .............................
Other services ............................................................
Other purchases of goods and services from Government accounts .................................................
Operation and maintenance of facilities ..................
Operation and maintenance of equipment ...............
Supplies and materials .............................................
Equipment .................................................................

9
3
85
15
258

13
1
93
17
251

13
1
84
17
266

99.0
99.0

Direct obligations ..................................................
Reimbursable obligations ..............................................

1,628
8

1,661
8

1,701
8

25.1
25.2
25.3

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INTERNAL REVENUE SERVICE—Continued
Federal Funds—Continued

DEPARTMENT OF THE TREASURY
99.9

Total new obligations ................................................

1,636

1,669

1,709

2002 actual

Identification code 20–0919–0–1–803

2003 est.

2004 est.

7,674

8,025

7,986

BUSINESS SYSTEMS MODERNIZATION
For necessary expenses of the Internal Revenue Service,
$429,000,000, to remain available until September 30, 2006, 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, 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 part 3;
(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 General Accounting Office; and (6) complies with
the acquisition rules, requirements, guidelines, and systems acquisition management practices of the Federal Government.
Note.—A regular 2003 appropriation for this account had not been enacted at the time
the budget was prepared; therefore, this account is operating under a continuing resolution
(P.L. 107–229, as amended). The amounts included for 2003 in this budget reflect the
Administration’s 2003 policy proposals.

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0921–0–1–803

2003 est.

2004 est.

00.01

Obligations by program activity:
Information technology investments ..............................

320

450

500

10.00

Total new obligations ................................................

320

450

500

Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year
22.00 New budget authority (gross) ........................................
22.10 Resources available from recoveries of prior year obligations .......................................................................
23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

77
406

171
380

8 ................... ...................
491
¥320
171

551
¥450
101

530
¥500
30

392
380
429
14 ................... ...................

70.00

Total new budget authority (gross) ..........................

406

72.40
73.10
73.20
73.45
74.40

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

176
145

228
200

257
187

87.00

Total outlays (gross) .................................................

321

428

444

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

406
321

380
428

429
444

Frm 00035

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15:40 Jan 23, 2003

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2002 actual

380

429

192
183
205
320
450
500
¥321
¥428
¥444
¥8 ................... ...................
183
205
261

PO 00000

25.2
25.7
31.0

Other services ................................................................
Operation and maintenance of equipment ...................
Equipment ......................................................................

99.9

Total new obligations ................................................

2003 est.

2004 est.

271
450
500
7 ................... ...................
42 ................... ...................
320

450

500

This appropriation provides for revamping business practices and acquiring new technology. The agency is using a
formal methodology to prioritize, approve, fund, and evaluate
its portfolio of business systems modernization investments.
This methodology enforces a documented, repeatable, and
measurable process for managing investments throughout
their life cycle. Investment decisions are approved by the
IRS Core Business System Executive Steering Committee,
chaired by the Commissioner.
f

PAYMENT WHERE EARNED INCOME CREDIT EXCEEDS LIABILITY
TAX

FOR

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0906–0–1–609

2003 est.

2004 est.

00.01

Obligations by program activity:
Direct program activity ..................................................

27,826

30,606

31,375

10.00

Total new obligations (object class 41.0) ................

27,826

30,606

31,375

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Total new obligations ....................................................

27,826
¥27,826

30,606
¥30,606

31,375
¥31,375

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................

27,826

30,606

31,375

73.10
73.20

Change in obligated balances:
Total new obligations ....................................................
Total outlays (gross) ......................................................

27,826
¥27,826

30,606
¥30,606

31,375
¥31,375

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

27,826

30,606

31,375

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

27,826
27,826

30,606
30,606

31,375
31,375

101
429

VerDate Dec 13 2002

Object Classification (in millions of dollars)
Identification code 20–0921–0–1–803

Personnel Summary

799

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 allows the IRS to use
more cost-efficient procedures to deny questionable EITC
claims.
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TRE

800

INTERNAL REVENUE SERVICE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2004
Outlays .................................................................................... ....................

General and special fund—Continued

Total:
Budget Authority .....................................................................
Outlays ....................................................................................

PAYMENT WHERE ALTERNATIVE TO FAILING SCHOOL CREDIT
EXCEEDS LIABILITY FOR TAX

5,060
5,060

300

1,074

6,170
6,170

6,937
6,937

(Legislative proposal, subject to PAYGO)
f

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0927–4–1–501

2003 est.

2004 est.

PAYMENT WHERE CHILD CREDIT EXCEEDS LIABILITY

FOR

TAX

(Legislative proposal subject to PAYGO)
00.01

Obligations by program activity:
Direct program activity .................................................. ................... ...................

213

10.00

Total new obligations (object class 44.0) ................ ................... ...................

213

22.00
23.95

213
¥213

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation ............................................................. ................... ...................

213

213
¥213

73.10
73.20

Outlays (gross), detail:
86.97 Outlays from new mandatory authority ......................... ................... ...................

Program and Financing (in millions of dollars)
2003 est.

2004 est.

00.01

Obligations by program activity:
Direct program activity .................................................. ...................

300

1,074

10.00

Total new obligations (object class 41.0) ................ ...................

300

1,074

22.00
23.95

300
¥300

1,074
¥1,074

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation ............................................................. ...................

300

1,074

73.10
73.20

300
¥300

1,074
¥1,074

86.97

Outlays (gross), detail:
Outlays from new mandatory authority ......................... ...................

300

1,074

89.00
90.00

300
300

1,074
1,074

213

2002 actual

Identification code 20–0922–4–1–609

213
213

PAYMENT WHERE CHILD CREDIT EXCEEDS LIABILITY

FOR

TAX

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0922–0–1–609

2003 est.

2004 est.

00.01

Obligations by program activity:
Direct program activity ..................................................

5,060

5,870

5,863

10.00

Total new obligations (object class 41.0) ................

5,060

5,870

5,863

The President’s Growth Package proposes to permanently
extend the Child Tax Credit provisions in the Economic
Growth and Tax Relief Reconciliation Act of 2001, which sunset on December 31, 2010. These provisions increase the
amount of the child tax credit to $1,000, and make the credit
partially refundable for many families with earned income.
f

5,060
¥5,060

5,870
¥5,870

5,863
¥5,863

5,060

5,870

5,863

Change in obligated balances:
Total new obligations ....................................................
Total outlays (gross) ......................................................

5,060
¥5,060

5,870
¥5,870

5,863
¥5,863

Outlays (gross), detail:
86.97 Outlays from new mandatory authority .........................

5,060

5,870

5,863

5,060
5,060

5,870
5,870

5,863
5,863

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).
(in millions of dollars)

Enacted/requested:
2002 actual
Budget Authority .....................................................................
5,060
Outlays ....................................................................................
5,060
Legislative proposal, subject to PAYGO:
Budget Authority ..................................................................... ....................
15:40 Jan 23, 2003

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2003 est.

2004 est.

5,870
5,870

5,863
5,863

300

1,074

Frm 00036

Fmt 3616

2002 actual

Identification code 20–0923–0–1–551

2003 est.

2004 est.

00.01

Obligations by program activity:
Direct Program Activity .................................................. ...................

212

10.00

Total new obligations (object class 41.0) ................ ...................

212

22.00
23.95

4
¥4

212
¥212

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation ............................................................. ...................

212

73.10
73.20

4
¥4

212
¥212

86.97

Outlays (gross), detail:
Outlays from new mandatory authority ......................... ...................

212

89.00
90.00

4
4

212
212

Summary of Budget Authority and Outlays

VerDate Dec 13 2002

FOR

Program and Financing (in millions of dollars)

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................

73.10
73.20

PAYMENT WHERE HEALTH CARE CREDIT EXCEEDS LIABILITY
TAX

The Trade Act of 2002 established an advanceable, refundable tax credit for 65 percent of cost of qualified insurance.
This credit is available to recipients of trade adjustment asSfmt 3616

E:\BUDGET\TRE.XXX

TRE

INTERNAL REVENUE SERVICE—Continued
Federal Funds—Continued

DEPARTMENT OF THE TREASURY

sistance (TAA) and Pension Benefit Guaranty Corporation
pension benefits who are aged 55–64 and have lost their
employer health benefits.
To help lower income families purchase private health insurance, the budget includes a proposed new refundable tax
credit for health insurance purchased by individuals and families who are neither covered by employer-sponsored insurance
nor enrolled in public programs. This schedule reflects the
effects of this proposed credit in cases where the credit exceeds the individual tax liability resulting in payment to the
tax filer.

INFORMANT PAYMENTS
Unavailable Collections (in millions of dollars)

04.00

Total: Balances and collections ....................................
Appropriations:
05.00 Informant payments .......................................................

4
7

¥9

¥3

Balance, end of year ..................................................... ...................

2002 actual

Identification code 20–5433–0–2–803
2003 est.

2004 est.

Balance, start of year .................................................... ................... ...................
Receipts:
02.40 Underpayment and fraud collection ..............................
9
7

Program and Financing (in millions of dollars)

Program and Financing (in millions of dollars)
2002 actual

2003 est.

01.99

REFUNDING INTERNAL REVENUE COLLECTIONS, INTEREST

Identification code 20–0904–0–1–908

2002 actual

Identification code 20–5433–0–2–803

07.99

801

2004 est.

Obligations by program activity:
00.01 Direct program activity ..................................................

4,208

3,219

2,689

10.00

Total new obligations (object class 43.0) ................

4,208

3,219

2,689

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Total new obligations ....................................................

4,208
¥4,208

3,219
¥3,219

2,689
¥2,689

2003 est.

2004 est.

00.01

Obligations by program activity:
Informant Payments .......................................................

10.00

Total new obligations (object class 91.0) ................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Total new obligations ....................................................

9
¥9

3
¥3

New budget authority (gross), detail:
Mandatory:
60.20
Appropriation (special fund) .....................................

73.10
73.20

Change in obligated balances:
Total new obligations ....................................................
Total outlays (gross) ......................................................

9
¥9

3
¥3

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

9
9

3
3

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................

4,208

3,219

2,689

73.10
73.20

Change in obligated balances:
Total new obligations ....................................................
Total outlays (gross) ......................................................

4,208
¥4,208

3,219
¥3,219

2,689
¥2,689

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

4,208

3,219

2,689

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

4,208
4,208

3,219
3,219

2,689
2,689

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).

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.
f

GIFTS

TO THE

UNITED STATES FOR REDUCTION
DEBT

OF THE

PUBLIC

Public enterprise funds:
FEDERAL TAX LIEN REVOLVING FUND

Program and Financing (in millions of dollars)

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–5080–0–2–808

2003 est.

2004 est.
2002 actual

Identification code 20–4413–0–3–803

New budget authority (gross), detail:
Mandatory:
60.20
Appropriation (special fund) .....................................
60.47
Portion applied to repay debt ...................................

2003 est.

2004 est.

09.01

Obligations by program activity:
Reimbursable program ..................................................

10.00

Total new obligations (object class 32.0) ................

21.40
22.00
22.10

6
5

5
6

4
6

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.

23.90
23.95
24.40

62.50

1
¥1

Appropriation (total mandatory) ........................... ................... ................... ...................

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Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

Sfmt 3643

E:\BUDGET\TRE.XXX

TRE

1 ................... ...................
12
¥7
5

11
¥6
4

10
¥6
4

802

INTERNAL REVENUE SERVICE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2004

Public enterprise funds—Continued
FEDERAL TAX LIEN REVOLVING FUND—Continued
Program and Financing (in millions of dollars)—Continued
2002 actual

Identification code 20–4413–0–3–803

New budget authority (gross), detail:
Mandatory:
69.00
Offsetting collections (cash) .....................................

73.10
73.20
73.45

Change in obligated balances:
Total new obligations ....................................................
Total outlays (gross) ......................................................
Recoveries of prior year obligations ..............................

86.98

Outlays (gross), detail:
Outlays from mandatory balances ................................

2003 est.

2004 est.

7
6
6
¥6
¥4
¥6
¥1 ................... ...................

SEC. 102. 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 the taxpayers, and
in cross-cultural relations.
SEC. 103. The Internal Revenue Service shall institute and enforce
policies and procedures that will safeguard the confidentiality of taxpayer information.
SEC. 104. 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.
f

COMPTROLLER OF THE CURRENCY
Offsets:
Against gross budget authority and outlays:
88.40
Offsetting collections (cash) from: Non-Federal
sources ..................................................................

Trust Funds
¥5

¥6

ASSESSMENT FUNDS

¥6

Unavailable Collections (in millions of dollars)
Net budget authority and outlays:
89.00 Budget authority ............................................................ ................... ................... ...................
90.00 Outlays ...........................................................................
1
¥2 ...................

2002 actual

Identification code 20–8413–0–8–373

2003 est.

2004 est.

01.99

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.
f

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 2004 Oversight Board
budget recommendation for the Internal Revenue Service is
$10,724 million.
f

ADMINISTRATIVE PROVISIONS—INTERNAL REVENUE SERVICE
SEC. 101. Not to exceed 5 percent of any appropriation made available in this Act to the Internal Revenue Service may be transferred
to any other Internal Revenue Service appropriation fifteen days after
notification of the Committees on Appropriations.
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Balance, start of year .................................................... ................... ................... ...................
Receipts:
02.80 Assessment funds, offsetting collections ......................
449
456
476
Appropriations:
05.00 Assessment funds ..........................................................
¥449
¥456
¥476
07.99

Balance, end of year ..................................................... ................... ................... ...................

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–8413–0–8–373

2003 est.

2004 est.

09.00

Obligations by program activity:
Bank supervision ...........................................................

417

439

459

10.00

Total new obligations ................................................

417

439

459

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

281
449

313
456

330
476

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

730
¥417
313

769
¥439
330

806
¥459
347

New budget authority (gross), detail:
Mandatory:
69.00
Offsetting collections (cash) .....................................

449

456

476

72.40
73.10
73.20
74.40

63
417
¥413
67

67
439
¥435
71

71
459
¥454
76

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

413

435

454

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.20
Interest on Federal securities ...............................
88.40
Non-Federal sources: Assessments ......................

¥17
¥432

¥16
¥440

¥17
¥459

88.90

¥449

¥456

¥476

89.00
90.00

Total, offsetting collections (cash) ..................

Sfmt 3643

E:\BUDGET\TRE.XXX

TRE

345

378

403

378

403

418

OFFICE OF THRIFT SUPERVISION
Federal Funds

DEPARTMENT OF THE TREASURY

The Office of the Comptroller of the Currency 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 in this connection. The income of
the bureau is derived principally from assessments paid by
national banks and interest on investments in U.S. Government securities.
As the Administrator of National Banks, the Office of the
Comptroller of the Currency 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 1,900 national bank examiners. At present, there
are approximately 2,100 national banks and 52 Federal
branches with total assets of more than $3.8 trillion.
In addition, the Comptroller considers applications for
mergers in which the resulting bank will be a national bank
and applications from banks to establish branches. The Comptroller of the Currency also promulgates rules and regulations
for the guidance of national banks and bank directors.

2002 actual

2003 est.

2004 est.

11.1
11.3
11.5

227
5
2

243
5
2

256
6
2

11.9
12.1
21.0
22.0
23.2
23.3
24.0
25.2
26.0
31.0
32.0

Total personnel compensation ..............................
Civilian personnel benefits ............................................
Travel and transportation of persons ............................
Transportation of things ................................................
Rental payments to others ............................................
Communications, utilities, and miscellaneous charges
Printing and reproduction ..............................................
Other services ................................................................
Supplies and materials .................................................
Equipment ......................................................................
Land and structures ......................................................

234
61
26
1
26
9
1
42
4
12
1

250
65
27
1
27
9
1
45
4
6
4

264
70
27
1
27
9
1
47
4
5
4

99.9

Total new obligations ................................................

417

439

459

Personnel Summary
2002 actual

Identification code 20–8413–0–8–373

2001

Reimbursable:
Total compensable workyears: Civilian full-time equivalent employment ......................................................

2003 est.

2,792

New budget authority (gross), detail:
Mandatory:
69.00
Offsetting collections (cash) .....................................

163

168

72.40
73.10
73.20
74.40

27
148
¥153
23

23
157
¥168
11

11
161
¥168
4

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

153

168

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00
Federal sources .....................................................
88.20
Interest on Federal securities ...............................
88.40
Non-Federal sources .............................................

¥3
¥2
¥158

¥3
¥5
¥160

88.90

¥163

¥168

89.00
90.00

Total, offsetting collections (cash) ..................

Object Classification (in millions of dollars)
Identification code 20–8413–0–8–373

2,813

2004 est.

2,813

OFFICE OF THRIFT SUPERVISION
Public enterprise funds:
OF

THRIFT SUPERVISION

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–4108–0–3–373

2003 est.

2004 est.

09.01

Obligations by program activity:
Office of Thrift Supervision ...........................................

148

157

161

10.00

Total new obligations ................................................

148

157

161

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

122
163

136
168

147
168

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

285
¥148
136

304
¥157
147

315
¥161
154

Frm 00039

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158

Object Classification (in millions of dollars)
2002 actual

Identification code 20–4108–0–3–373

Federal Funds

148

The Office of Thrift Supervision (OTS) was created by the
Financial Institutions Reform, Recovery, and Enforcement Act
of 1989 (12 U.S.C. 1811 note). The OTS assumed the regulatory functions of the Federal Home Loan Bank Board dissolved by the same act.
The OTS charters, regulates and examines Federal thrifts,
all of which are insured by the Savings Association Insurance
Fund. In addition, the OTS cooperates in the examination
and supervision of State-chartered thrifts insured by the Savings Association Insurance Fund. The OTS sets capital standards for Federal and State thrifts and reviews applications
of State-chartered thrifts for conversion to Federal thrifts.
It also reviews applications for establishment of branch offices.
Income of the bureau is derived principally from assessments on thrifts, examination fees and interest on investments in U.S. Government obligations. As of September 30,
2002, OTS oversees 983 thrifts with total assets of $987 billion.

OFFICE

803

2003 est.

2004 est.

11.1
11.5
11.8

Personnel compensation:
Full-time permanent ..................................................
Other personnel compensation ..................................
Special personal services payments .........................

88
85
88
1 ................... ...................
1
1
1

11.9
12.1
21.0
23.2
23.3
25.2
26.0
31.0

Total personnel compensation ..............................
Civilian personnel benefits ............................................
Travel and transportation of persons ............................
Rental payments to others ............................................
Communications, utilities, and miscellaneous charges
Other services ................................................................
Supplies and materials .................................................
Equipment ......................................................................

90
26
10
6
3
10
1
2

86
33
9
7
4
13
1
4

89
33
10
7
4
13
1
4

99.9

Total new obligations ................................................

148

157

161

Personnel Summary

PO 00000

2002 actual

Identification code 20–4108–0–3–373

2001

Reimbursable:
Total compensable workyears: Civilian full-time equivalent employment ......................................................

Sfmt 3643

E:\BUDGET\TRE.XXX

TRE

1,087

2003 est.

959

2004 est.

959

804

INTEREST ON THE PUBLIC DEBT
Federal Funds

THE BUDGET FOR FISCAL YEAR 2004

INTEREST ON THE PUBLIC DEBT

73.20

Total outlays (gross) ...................................................... ...................

¥24

430

86.97

Outlays (gross), detail:
Outlays from new mandatory authority ......................... ...................

¥430

89.00
90.00

24
24

¥430
¥430

Federal Funds
General and special funds:
INTEREST

TREASURY DEBT SECURITIES (GROSS)

Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0550–0–1–901

f
2003 est.

2004 est.

Obligations by program activity:
00.01 Interest on Treasury Securities ......................................

332,537

328,292

352,765

10.00

332,537

328,292

352,765

22.00
23.95

Total new obligations (object class 43.0) ................
Budgetary resources available for obligation:
New budget authority (gross) ........................................
Total new obligations ....................................................

332,537
¥332,537

328,292
¥328,292

352,765
¥352,765

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation .............................................................

332,537

328,292

352,765

73.10
73.20

Change in obligated balances:
Total new obligations ....................................................
Total outlays (gross) ......................................................

332,537
¥332,537

328,292
¥328,292

352,765
¥352,765

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

332,537

328,292

352,765

332,537
332,537

328,292
328,292

352,765
352,765

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.
Summary of Budget Authority and Outlays
(in millions of dollars)

Enacted/requested:
2002 actual
Budget Authority .....................................................................
332,537
Outlays ....................................................................................
332,537
Legislative proposal, not subject to PAYGO:
Budget Authority ..................................................................... ....................
Outlays .................................................................................... ....................
Total:
Budget Authority .....................................................................
Outlays ....................................................................................

2003 est.

332,537
332,537

2004 est.

328,292
328,292

352,765
352,765

24
24

–430
–430

328,316
328,316

352,335
352,335

INTEREST

TREASURY DEBT SECURITIES (GROSS)

(Legislative proposal, not subject to PAYGO)
Program and Financing (in millions of dollars)
2002 actual

Identification code 20–0550–2–1–901

2003 est.

2004 est.

00.01

Obligations by program activity:
Interest on Treasury Securities ...................................... ...................

¥430

10.00

Total new obligations (object class 43.0) ................ ...................

¥430

22.00
23.95

24
¥24

¥430
430

New budget authority (gross), detail:
Mandatory:
60.00
Appropriation ............................................................. ...................
Change in obligated balances:
73.10 Total new obligations .................................................... ...................
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GENERAL FUND RECEIPT ACCOUNTS
(in millions of dollars)
2002 actual

Governmental receipts:
20–015800 Transportation fuels tax: Enacted/requested ...
Legislative proposal, subject to PAYGO .............................
20–065000 Deposit of earnings, Federal Reserve System:
Enacted/requested ..............................................................
20–085000 Registration, filing, and transaction fees: Enacted/requested ..................................................................
20–086100 Charges for expenses, settlement of international claims: Enacted/requested ..................................
20–086900 Fees for legal and judicial services, not otherwise classified: Enacted/requested .................................
20–089100 Miscellaneous fees for regulatory and judicial
services, not otherwise classified: Enacted/requested ......
20–101000 Fines, penalties, and forfeitures, agricultural
laws: Enacted/requested ....................................................
20–102000 Fines, penalties, and forfeitures, economic
stabilization laws: Enacted/requested ...............................
20–103000 Fines, penalties, and forfeitures, immigration
and labor laws: Enacted/requested ...................................
20–104000 Fines, penalties, and forfeitures, customs,
commerce, and antitrust laws: Enacted/requested ...........
20–105000 Fines, penalties, and forfeitures, narcotic prohibition and alcohol laws: Enacted/requested ..................
20–106000 Forfeitures of unclaimed money and property:
Enacted/requested ..............................................................
20–108000 Fines, penalties, and forfeitures, Federal coal
mine health and safety laws: Enacted/requested .............
20–129900 Gifts to the United States, not otherwise
classified: Enacted/requested ............................................
20–241100 User fees for IRS: Enacted/requested ..............
Legislative proposal, subject to PAYGO .............................
20–309200 Recovery from highway trust fund for refunds
of taxes: Enacted/requested ...............................................
20–309400 Recovery from airport and airway trust fund
for refunds of taxes: Enacted/requested ...........................
20–309500 Recovery from leaking underground storage
tank trust fund for refunds of taxes, EPA: Enacted/
requested ............................................................................
20–309990 Refunds of moneys erroneously received and
recovered (20X1807): Enacted/requested ..........................
95–085015 Registration, filing, and transaction fees,
SEC: Enacted/requested .....................................................
95–109900 Fines, penalties, and forfeitures, not otherwise classified: Enacted/requested ....................................
99–011050 Individual income taxes: Enacted/requested ...
Legislative proposal, subject to PAYGO .............................
99–011100 Corporation income and excess profits taxes:
Enacted/requested ..............................................................
Legislative proposal, subject to PAYGO .............................
99–015250 Other Federal fund excise taxes: Enacted/requested ...............................................................................
Legislative proposal, subject to PAYGO .............................
99–015300 Estate and gift taxes: Enacted/requested .......
Legislative proposal, subject to PAYGO .............................
99–015500 Tobacco excise tax: Enacted/requested ...........
99–015600 Alcohol excise tax: Enacted/requested .............
Legislative proposal, subject to PAYGO .............................
99–015700 Telephone excise tax: Enacted/requested ........
99–031050 Other Federal fund customs duties: Enacted/
requested ............................................................................
Legislative proposal, subject to PAYGO .............................

2003 est.

2004 est.

814
869
................... ...................

939
¥643

23,683

23,565

27,078

...................

100

6
1
59
66
................... ...................

1
5
68

1,195

988

1,015

¥336

¥312

¥324

1 ................... ...................
667
858,278
...................

399
877,144
¥28,158

399
953,574
¥103,761

148,037
...................

145,799
¥2,613

173,659
¥4,599

¥519
164
...................
¥16
26,507
20,209
................... ...................
8,274
8,158
7,764
7,840
................... ...................
5,829
6,205

106
¥264
23,913
¥534
8,015
7,979
¥57
6,611

12,080
12,519
................... ...................

13,651
¥34

General Fund Governmental receipts ..........................................

1,092,718

1,073,204

1,107,177

Offsetting receipts from the public:
20–143500 General fund proprietary interest receipts, not
otherwise classified: Enacted/requested ............................
20–145000 Interest payments from States, cash management improvement: Enacted/requested .............................

294

221

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GENERAL PROVISIONS—DEPARTMENT OF THE TREASURY

DEPARTMENT OF THE TREASURY
20–146310 Interest on quota in International Monetary
Fund: Enacted/requested ....................................................
481
481
481
20–146400 Interest received on loans and credits to foreign nations: Enacted/requested .......................................
131
117
111
20–148400 Interest on deposits in tax and loan accounts: Enacted/requested .................................................
341
225
450
20–149900 Interest received from credit financing accounts: Enacted/requested .................................................
11,050
11,147
11,747
20–276330 Community Development Financial Institutions
Fund, downward re-estimate of subsidies: Enacted/requested ............................................................................... ...................
1 ...................
20–286800 Dollar conversion of foreign currency loan repayments: Enacted/requested ............................................
3
4
4
20–286900 Repayment of loans and credits to foreign
nations: Enacted/requested ................................................
71
85
88
20–322000 All other general fund proprietary receipts:
Enacted/requested ..............................................................
1,088
1,092
1,092
20–387500 Budget clearing account (suspense): Enacted/
requested ............................................................................
¥223 ................... ...................
General Fund Offsetting receipts from the public .....................
Intragovernmental payments:
13–141000 Interest on investment, economic development
revolving fund: Enacted/requested ....................................
14–142400 Interest on investment, Colorado River
projects: Enacted/requested ...............................................
14–142700 Interest on advances to Colorado River Dam
fund, Boulder Canyon project: Enacted/requested ............
20–133800 Interest on loans to the Presidio: Enacted/
requested ............................................................................
20–135100 Interest on loans to BPA: Enacted/requested
20–135400 Interest on loans for housing for the elderly
or handicapped: Enacted/requested ..................................
20–136100 Interest on loans to the Secretary of Transportation, railroad rehabilitation and improvement fund:
Enacted/requested ..............................................................
20–136300 Interest on loans for college housing and
academic facilities loans, Education: Enacted/requested
20–140100 Interest on loans to Commodity Credit Corporation: Enacted/requested ..............................................
20–140500 Interest on loans to H.U.D., college housing
loans, Education: Enacted/requested .................................
20–141700 Interest on loans to Tennessee Valley Authority: Enacted/requested ........................................................
20–141800 Interest on loans to Federal Financing Bank:
Enacted/requested ..............................................................
Legislative proposal, not subject to PAYGO ......................
20–142500 Interest on loans to rural development insurance fund: Enacted/requested ...........................................
20–143300 Interest on loans to national flood insurance
fund, DHS: Enacted/requested ...........................................
20–149500 Interest payments on repayable advances to
the black lung disability trust fund: Enacted/requested
Legislative proposal, not subject to PAYGO ......................
20–149700 Payment of interest on advances to the Railroad Retirement Board: Enacted/requested .......................
20–241600 Charges for administrative expenses of Social
Security Act as amended: Enacted/requested ...................
20–310100 Recoveries from Federal agencies for settlement of claims for contract disuptes: Enacted/requested
20–320000 Receivables from cancelled accounts: Enacted/requested ..................................................................
20–330600 Transfer of excess receipts to the general
fund, Federal fund payments: Enacted/requested .............
20–388500 Undistributed intragovernmental payments:
Enacted/requested ..............................................................
73–142800 Interest on advances to Small Business Administration: Enacted/requested ........................................
91–142200 Interest on loans, higher education facilities
loan fund: Enacted/requested ............................................

13,283

13,408

14,234

3
547

3
502

3
481

274

229

188

283

206

333

................... ...................

2,040
...................

2,268
¥23

2,482
¥72

14 ................... ...................
596
621
................... ...................

640
1,851

222

194

160

321

327

328

196 ................... ...................
320

100

...................

100

2 ...................

¥293 ................... ...................

General Fund Intragovernmental payments ................................

4,646

4,511

6,551

OTHER CONSOLIDATED RECEIPT ACCOUNTS
(in millions of dollars)
2002 actual

20–977920 Interest, Miscellaneous trust funds, government-wide ...........................................................................
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805

GENERAL PROVISIONS—DEPARTMENT OF
THE TREASURY
SEC. 110. 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. 111. Not to exceed 2 percent of any appropriations in this
Act made available to the Departmental Offices, Inspector General
for Treasury, 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 advance notification of the Committees on Appropriations. No transfer may increase or decrease any such appropriation
by more than 2 percent.
SEC. 112. Not to exceed 2 percent of any appropriation made available in this Act to the Internal Revenue Service may be transferred
to the Inspector General for Treasury appropriation upon advance
notification of the Committees on Appropriations. No transfer may
increase or decrease any such appropriation by more than 2 percent.
SEC. 113. 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: Provided,
That the Secretary may delegate this authority to the Assistant Secretary for Management.
SEC. 114. The Secretary of the Treasury may transfer funds from
‘‘Salaries and Expenses’’, Financial Management Service, to the Debt
Services Account 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 Services Account.
SEC. 115. 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 advance notification
of the House Committee on Financial Services and the Senate Committee on Banking, Housing, and Urban Affairs.
SEC. 116. The Treasury Department Appropriations Act, 1997 (as
contained in section 101(f), Division A of Public Law 104–208), under
the heading ‘‘Treasury Franchise Fund’’, as amended by section 120
of the Treasury Department Appropriations Act, 2001 (as enacted into
law by section 1(a)(3) of Public Law 106–554), is further amended
by replacing ‘‘October 1, 2002’’ with ‘‘October 1, 2004’’.
SEC. 117. Section 122 of Public Law 105–119 (5 U.S.C. 3104 note),
as amended, is further amended in subsection (g)(1), by striking ‘‘4
years’’ and inserting ‘‘5 years’’.
SEC. 118. (a) SHORT TITLE.—This Act may be cited as the ‘‘Department of the Treasury Inspector General Consolidation Act of 2003’’.
(b) CONSOLIDATION OF OFFICES.—Beginning in fiscal year 2004 and
thereafter, the Office of Treasury Inspector General for Tax Administration established by the Internal Revenue Service Restructuring and
Reform Act of 1998, and the Office of Inspector General of the Department of the Treasury established by the Inspector General Act Amendments of 1988, are consolidated. The consolidated entity shall be established as the Office of Inspector General of the Department of the
Treasury, and all powers, duties and responsibilities assigned to each
entity shall be transferred to the consolidated entity. Effective upon
such consolidation and consistent with section 3 of this Act, the Office
of Treasury Inspector General for Tax Administration established by
the Internal Revenue Service Restructuring and Reform Act of 1998,
and the Office of Inspector General of the Department of the Treasury
established by the Inspector General Act Amendments of 1988 are
abolished.
(c) AMENDMENTS TO THE INSPECTOR GENERAL ACT OF 1978.—The
Inspector General Act of 1978, as amended, is further amended—
(1) in section 2 (5 U.S.C. app. 3 § 2), by striking the matter
following ‘‘there is established’’ and inserting the following: ‘‘in each
of such establishments an Office of Inspector General.’’;
(2) in section 8D (5 U.S.C. app. 3 § 8D), by striking the matter
following the title (‘‘Special provisions concerning the Department
of the Treasury’’) and inserting the following:
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806

GENERAL PROVISIONS—DEPARTMENT OF THE TREASURY—Continued

THE BUDGET FOR FISCAL YEAR 2004

‘‘(a)(1) Notwithstanding the last two sentences of section 3(a) [5
U.S.C. app. 3 § 3(a)], the Inspector General of the Department of
the Treasury shall be under the authority, direction, and control of
the Secretary of the Treasury with respect to audits or investigations,
or the issuance of subpoenas, which require access to sensitive information concerning—
(A) ongoing criminal investigations or proceedings;
(B) undercover operations;
(C) the identity of confidential sources, including protected witnesses;
(D) deliberations and decisions on policy matters, including documented information used as a basis for making policy decisions,
the disclosure of which could reasonably be expected to have a
significant influence on the economy or market behavior;
(E) intelligence or counterintelligence matters; or
(F) other matters the disclosure of which would constitute a serious threat to national security.
(2) With respect to the information described under paragraph (1),
the Secretary of the Treasury may prohibit the Inspector General of
the Department of the Treasury from carrying out or completing any
audit or investigation, or from issuing any subpoena, after such Inspector General has decided to initiate, carry out, or complete such
audit or investigation or to issue such subpoena, if the Secretary
of the Treasury determines that such prohibition is necessary to prevent the disclosure of any information described under paragraph
(1) or to prevent significant impairment to the national interests of
the United States.
(3) If the Secretary of the Treasury exercises any power under paragraph (1) or (2), the Secretary of the Treasury shall notify the Inspector General of the Department of the Treasury in writing stating
the reasons for such exercise. Within 30 days after receipt of any
such notice, the Inspector General of the Department of the Treasury
shall transmit a copy of such notice to the Committees on Governmental Affairs and Finance of the Senate and the Committees on
Government Reform and Ways and Means of the House of Representatives, and to other appropriate committees or subcommittees of the
Congress.
(4) The Secretary of the Treasury may not exercise any power under
paragraph (1) or (2) with respect to the duties and responsibilities
of the Inspector General of the Department of the Treasury concerning
the Internal Revenue Service, the Internal Revenue Service Oversight
Board, or the Office of Chief Counsel of the Internal Revenue Service.
(b)(1) The Inspector General of the Department of the Treasury
shall exercise all duties and responsibilities of an Inspector General
of an establishment with respect to the Department of the Treasury
and the Secretary of the Treasury.
(2) Subject to subsection (a), the Inspector General of the Department
of the Treasury may initiate, conduct and supervise such audits and
investigations in the Department of the Treasury as the Inspector
General of the Department of the Treasury considers appropriate.
(3) If the Inspector General of the Department of the Treasury initiates an audit or investigation under subsection (b), the Inspector General of the Department of the Treasury may provide the head of
the affected bureau or office which is the subject of the audit or
investigation with written notice that the Inspector General of the
Department of the Treasury has initiated such audit or investigation.
If the Inspector General of the Department of the Treasury issues
a notice under the preceding sentence, no other audit or investigation
shall be initiated into the matter under audit or investigation by
the Inspector General of the Department of the Treasury and any
other audit or investigation of such matter shall cease.
(c)(1) The Inspector General of the Department of the Treasury shall
have access to returns and return information, as defined in section
6103(b) of the Internal Revenue Code of 1986 [26 U.S.C. § 6103(b)],
only in accordance with the provisions of section 6103 of such Code
[26 U.S.C. § 6103] and this Act.
(2) The Internal Revenue Service shall maintain the same system
of standardized records or accounting of all requests from the Inspector General of the Department of the Treasury for inspection or disclosure of returns and return information (including the reasons for
and dates of such requests), and of returns and return information
inspected or disclosed pursuant to such requests, as described under
section 6103(p)(3)(A) of the Internal Revenue Code of 1986 [26 U.S.C.
§ 6103(p)(3)(A)]. Such system of standardized records or accountings
shall also be available for examination in the same manner as provided under section 6103(p)(3) of the Internal Revenue Code of 1986
[26 U.S.C. § 6103(p)(3)(A)].
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(3) The Inspector General of the Department of the Treasury shall
be subject to the same safeguards and conditions for receiving returns
and return information as are described under section 6103(p)(4) of
the Internal Revenue Code of 1986 [26 U.S.C. § 6103(p)(4)].
(d) An audit or investigation conducted by the Inspector General
of the Department of the Treasury shall not affect a final decision
of the Secretary of the Treasury or the Secretary’s delegate under
section 6406 of the Internal Revenue Code of 1986 [26 U.S.C. § 6406].
(e)(1) Any report required to be transmitted by the Secretary of
the Treasury to the appropriate committees or subcommittees of the
Congress under section 5(d) [5 U.S.C. app. 3 § 5(d)] shall also be
transmitted, within the seven-day period specified under such section,
to the Committees on Governmental Affairs and Finance of the Senate
and the Committees in Government Reform and Ways and Means
of the House of Representatives.
(2) Any report made by the Inspector General of the Department
of the Treasury concerning the Internal Revenue Service, the Internal
Revenue Service Oversight Board, or the Office of Chief Counsel of
the Internal Revenue Service that is required to be transmitted by
the Secretary of the Treasury to the appropriate committees or subcommittees of Congress under section 5(d) [5 U.S.C. app. 3 § 5(d)]
shall also be transmitted, within the seven-day period specified under
such subsection, to the Internal Revenue Service Oversight Board and
the Commissioner of Internal Revenue.
(f) In addition to the requirements of the first sentence of section
3(a) [5 U.S.C. app. § 3(a)], the Treasury Inspector General of the
Department of the Treasury should have demonstrated ability to lead
a large and complex organization.
(g) An individual appointed to the position of Inspector General
of the Department of the Treasury may not be an employee of the
Internal Revenue Service—
(1) during the two-year period preceding the date of appointment
to such position; or
(2) during the five-year period following the date such individual
ends service in such position.
(h)(1) In addition to the duties and responsibilities exercised by
an inspector general of an establishment, the Inspector General of
the Department of the Treasury—
(A) shall have the authority and duty to enforce the criminal
provisions within the scope of the Inspector General of the Department of the Treasury’s jurisdiction, powers, duties and responsibilities as an Inspector General of an establishment under this Act;
(B) in enforcing the criminal provisions described in subparagraph (A), shall have the authority to:
(1) execute and serve search warrants and arrest warrants,
and serve subpoenas and summonses issued under authority of
the United States;
(2) make arrests without warrant for any offense against the
United States relating to the laws under the jurisdiction, powers,
duties and responsibilities of the Inspector General of the Department of the Treasury committed in the presence of an employee
of the Inspector General of the Department of the Treasury authorized to enforce such laws, or for any felony cognizable under
such laws if there is a reasonable ground to believe that the
person to be arrested has committed or is committing any such
felony;
(3) make seizures of property subject to forfeiture under such
laws; and
(4) carry firearms.
(C) shall be responsible for protecting the Internal Revenue Service
against external attempts to corrupt or threaten employees of the
Internal Revenue Service, but shall not be responsible for the conducting of background checks and the providing of physical security;
and
(D) may designate any employee in the Office of the Inspector
General of the Department of the Treasury to enforce such laws
and perform such functions referred to under subparagraphs (A),
(B) and (C).
(2)(A) In performing a law enforcement function under paragraph
(h)(1), the Inspector General of the Department of the Treasury shall
report any reasonable grounds to believe there has been a violation
of Federal criminal law to the Attorney General at an appropriate
time as determined by the Inspector General of the Department of
the Treasury, notwithstanding section 4(d) [5 U.S.C. app. 3 § 4(d)].
(B) in the administration of section 5(d) [5 U.S.C. app. 3 § 5(d)]
and subsection (e)(2) of this section, the Secretary of the Treasury
may transmit the required report at an appropriate time as deterSfmt 3616

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TITLE V—GENERAL PROVISIONS

DEPARTMENT OF THE TREASURY
mined by the Secretary, if the problem, abuse, or deficiency relates
to—
(i) the performance of a law enforcement function under paragraph (h)(1); and
(ii) sensitive information concerning matters under subsection
(a)(1)(A) through (F).
(3) Nothing in this subsection shall be construed to affect the authority of any other person to carry out or enforce any provision specified
in paragraph (h)(1).
(i)(1) The Commission of Internal Revenue or the Internal Revenue
Service Oversight Board may request, in writing, the Inspector General
of the Department of the Treasury to conduct an audit or investigation
concerning the Internal Revenue Service. If the Inspector General of
the Department of the Treasury determines not to conduct such audit
or investigation, the Inspector General shall timely provide a written
explanation for such determination to the person making the request.
(2)(A) Any final report of an audit conducted by the Inspector General of the Department of the Treasury concerning the Internal Revenue Service, the Internal Revenue Service Oversight Board, and the
Office of the Chief Counsel of the Internal Revenue Service, shall
be timely submitted by the Inspector General to the Commissioner
of Internal Revenue and the Internal Revenue Service Oversight
Board.
(B) The Inspector General of the Department of the Treasury shall
periodically submit to the Commissioner and Board a list of investigations concerning the Internal Revenue Service, the Internal Revenue
Service Oversight Board, and the Office of the Chief Counsel of the
Internal Revenue Service, for which a final report has been completed
by the Inspector General and shall provide a copy of any such report
upon request of the Commissioner or Board.
(C) This paragraph applies regardless of whether the applicable
audit or investigation is requested under paragraph (i)(1).’’
(3) in section § 9(a)(1)(L) 95 U.S.C. app. 3 § 9(a)(1)(L)), by striking
the matter following ‘‘(L)’’ and inserting the following: ‘‘of the Department of the Treasury, the offices of that department referred to as
the ‘‘Office of Inspector General’’ and the ‘‘Treasury Inspector General
for Tax Administration.’’.’’
(d) SAVINGS PROVISIONS.—(1) Completed or pending administrative
actions, proceedings, orders, determinations, rules, regulations, personnel actions, permits, agreements, grants, contracts, certificates, licenses, registrations, privileges, or civil actions, of either the Inspector
General of the Department of the Treasury or the Treasury Inspector
General for Tax Administration shall not be affected by the enactment
of this Act or the consolidation of the entities, but shall continue
in effect according to their terms until amended, modified, superseded,
terminated, set aside, or revoked, in accordance with law by an officer
of the United States or a court of competent jurisdiction, or by operation of law.
(2) References to either the Inspector General of the Department
of the Treasury or the Treasury Inspector General for Tax Administration in statutes, Executive Orders, rules, regulations, directives, or
delegations of authority that precede the effective date of this Act
shall be deemed to refer to the Inspector General of the Department
of the Treasury established by this Act, unless otherwise provided
by this Act.
(e) AMENDMENTS TO THE INTERNAL REVENUE CODE OF 1986.—The
Internal Revenue Code of 1986 (I.R.C.), as amended, is further amended—
(1) in I.R.C. § 6103(h)(6)(A), by replacing ‘‘Treasury Inspector General for Tax Administration’’ with ‘‘Inspector General of the Department of the Treasury’’;
(2) in I.R.C. § 6103(h)(6)(B)(i), by replacing ‘‘Treasury Inspector General for Tax Administration’’ with ‘‘Inspector General of the Department of the Treasury’’;
(3) in I.R.C. § 6103(k)(6), by replacing ‘‘Treasury Inspector General
for Tax Administration’’ with ‘‘Inspector General of the Department
of the Treasury’’;
(4) in I.R.C. § 7803(c)(2)(B)(iv), by replacing both ‘‘treasury inspector
general for tax administration’’ and ‘‘Treasury Inspector General for
Tax Administration’’ with ‘‘Inspector General of the Department of
the Treasury’’;
(5) in the heading of I.R.C. § 7803(d), by replacing ‘‘Treasury Inspector General for Tax Administration’’ with ‘‘Inspector General of the
Department of the Treasury’’;
(6) in I.R.C. § 7803(d)(1), by replacing ‘‘Treasury Inspector General
for Tax Administration’’ with ‘‘Inspector General of the Department
of the Treasury’’;
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(7) in I.R.C. § 7803(d)(2)(A), by replacing ‘‘Treasury Inspector General for Tax Administration with ‘‘Inspector General of the Department
of the Treasury’’; and
(8) in I.R.C. § 7803(d)(3), by replacing ‘‘Treasury Inspector General
for Tax Administration’’ with ‘‘Inspector General of the Department
of the Treasury’’;
(f) TRANSITION PROVISION.—The President may designate an individual to serve as the Inspector General of the Department of the
Treasury established by this Act until an Inspector General of the
Department of the Treasury is appointed pursuant to section 3 of
the Inspector General Act of 1978, as amended.
f

TITLE V—GENERAL PROVISIONS
THIS ACT
SEC. 501. No part of any appropriation contained in this Act shall
remain available for obligation beyond the current fiscal year unless
expressly so provided herein.
SEC. 502. The expenditure of any appropriation under this Act for
any consulting service through procurement contract, pursuant to 5
U.S.C. 3109, shall be limited to those contracts where such expenditures are a matter of public record and available for public inspection,
except where otherwise provided under existing law, or under existing
Executive order issued pursuant to existing law.
SEC. 503. No funds appropriated pursuant to this Act may be expended by an entity unless the entity agrees that in expending the
assistance the entity will comply with sections 2 through 4 of the
Act of March 3, 1933 (41 U.S.C. 10a–10c, popularly known as the
‘‘Buy American Act’’).
SEC. 504. (a) PURCHASE OF AMERICAN-MADE EQUIPMENT AND PRODUCTS.—In the case of any equipment or products that may be authorized to be purchased with financial assistance provided under this
Act, it is the sense of the Congress that entities receiving such assistance should, in expending the assistance, purchase only Americanmade equipment and products.
(b) NOTICE TO RECIPIENTS OF ASSISTANCE.—In providing financial
assistance under this Act, the Secretary of the Treasury shall provide
to each recipient of the assistance a notice describing the statement
made in subsection (a) by the Congress.
SEC. 505. No funds appropriated by this Act shall be available
to pay for an abortion, or the administrative expenses in connection
with any health plan under the Federal employees health benefit program which provides any benefits or coverage for abortions.
SEC. 506. The provision of section 505 shall not apply where the
life of the mother would be endangered if the fetus were carried to
term, or the pregnancy is the result of an act of rape or incest.
SEC. 507. None of the funds made available in this Act may be
used by the Executive Office of the President to request from the
Federal Bureau of Investigation any official background investigation
report on any individual, except when—
(1) such individual has given his or her express written consent
for such request not more than 6 months prior to the date of such
request and during the same presidential administration; or
(2) such request is required due to extraordinary circumstances
involving national security.
SEC. 508. The cost accounting standards promulgated under section
26 of the Office of Federal Procurement Policy Act (Public Law 93–
400; 41 U.S.C. 422) shall not apply with respect to a contract under
the Federal Employees Health Benefits Program established under
chapter 89 of title 5, United States Code.
SEC. 509. For the purpose of resolving litigation and implementing
any settlement agreements regarding the nonforeign area cost-of-living
allowance program, the Office of Personnel Management may accept
and utilize (without regard to any restriction on unanticipated travel
expenses imposed in an Appropriations Act) funds made available
to the Office pursuant to court approval.
SEC. 510. Sections 2471 and 2471a of Title 42, U.S. Code, are
hereby repealed.
SEC. 511. Beginning in fiscal year 2004 and thereafter, (a) section
754 of the Tariff Act of 1930 (19 U.S.C. 1675c) is repealed: Provided,
That duties assessed and collected in fiscal year 2003 pursuant to
such section shall be distributed as provided in that section; and
(b) the Commissioner of Customs shall deposit into the miscellaneous
receipts of the Treasury all antidumping or countervailing duties (including interest earned on such duties) that are collected after September 30, 2003 under the antidumping orders or findings of the
countervailing duty orders.
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Full text of Budget of the United States Government - Appendix : Fiscal Year 2004 : Department of the Treasury

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