DEPARTMENT OF THE TREASURY DEPARTMENT OF THE TREASURY Department of the Treasury Miscellaneous Taxes, not Otherwise Classified Legislative proposal, subject to PAYGO General Fund Payments, Lower Brule Sioux Tribe Terrestrial Wildlife Habitat Restoration Trust Fund salaries and expenses(including transfers of funds)For necessary expenses of the Departmental Offices including operation and maintenance of the Treasury Building and Annex; hire of passenger motor vehicles; maintenance, repairs, and improvements of, and purchase of commercial insurance policies for, real properties leased or owned overseas, when necessary for the performance of official business, $304,888,000, of which not to exceed $21,983,000 is for executive direction program activities; not to exceed $47,249,000 is for economic policies and programs activities, including $1,000,000 that shall be transferred to the National Academy of Sciences for a study by the Board on Mathematical Sciences and Their Applications on the long-term economic effects of the aging population in the United States, to remain available until September 30, 2011, and $1,500,000 that shall be transferred to the National Academy of Sciences for a carbon audit of the tax code as authorized in section 117 of the Energy Improvement and Extension Act of 2008 (Public Law 110-343), to remain available until September 30, 2011; not to exceed $48,580,000 is for financial policies and programs activities; not to exceed $64,611,000 is for terrorism and financial intelligence activities; not to exceed $22,679,000 is for Treasury-wide management policies and programs activities; and not to exceed $99,786,000 is for administration programs activities: Provided, That the Secretary of the Treasury is authorized to transfer funds appropriated for any program activity of the Departmental Offices to any other program activity of the Departmental Offices upon notification to the House and Senate Committees on Appropriations: Provided further, That no appropriation for any program activity shall be increased or decreased by more than 4 percent by all such transfers: Provided further, That any change in funding greater than 4 percent shall be submitted for approval to the House and Senate Committees on Appropriations $346,401,000: Provided further, That notwithstanding any other provision of law, of the amount appropriated under this heading, up to $1,000,000, may be contributed to the Global Forum on Transparency and Exchange of Information for Tax Purposes, a Part II Program of the Organziation for Economic Cooperation and Development, to cover the cost assessed by that organization for Treasury's participation therein: Provided further, That of the amount appropriated under this heading, not to exceed $3,000,000, to remain available until September 30, 2011 2012, is for information technology modernization requirements; not to exceed $200,000 is for official reception and representation expenses; $400,000 is to support increased international representation commitments of the Secretary; and not to exceed $258,000 is for unforeseen emergencies of a confidential nature, to be allocated and expended under the direction of the Secretary of the Treasury and to be accounted for solely on his certificate: Provided further, That of the amount appropriated under this heading, $6,787,000, to remain available until September 30, 2011 2012, is for the Treasury-wide Financial Statement Audit and Internal Control Program, of which such amounts as may be necessary may be transferred to accounts of the Department's offices and bureaus to conduct audits: Provided further, That this transfer authority shall be in addition to any other provided in this Act: Provided further, That of the amount appropriated under this heading, $500,000, to remain available until September 30, 2011 2012, is for secure space requirements: Provided further, That of the amount appropriated under this heading, $1,100,000 to remain available until September 30, 2012, is for salary and benefits for hiring of personnel whose work will require completion of a security clearance investigation in order to perform highly classified work to further the activities of the Office of Terrorism and Financial Intelligence: Provided further, That of the amount appropriated under this heading, up to $3,400,000, to remain available until September 30, 2012 2013, is to develop and implement programs within the Office of Critical Infrastructure Protection and Compliance Policy, including entering into cooperative agreements: Provided further, That of the amount appropriated under this heading, $3,000,000, to remain available until September 30, 2012 2013, is for modernizing the Office of Debt Management's information technology. (Department of the Treasury Appropriations Act, 2010.) Departmental Offices, as the headquarters bureau for the Department of the Treasury, provides leadership to the Department through the promotion of policies geared toward developing a strong and stable economy. Through effective management and leadership, the Departmental Offices develops and implements strategies to promote the stability of the nation's financial markets, ensure the integrity of the financial system, and enhance the government's ability to collect revenue, and serves as a world leader for best practices in the area of counterterrorist financing and anti-money laundering.The Budget provides new resources to expand the analytic capacity of the Offices of Domestic Finance, Tax Policy, and Economic Policy so that Treasury can more effectively identify and address emerging economic challenges. The additional resources also support implementation of Financial Regulation Reform initiatives, including the launch of the Office of National Insurance and the Financial Services Oversight Council, which will improve supervision and regulation of financial institutions and markets. In addition, the Budget will allow Treasury to improve economic modeling capabilities; strengthen critical financial intelligence functions; and support rigorous evaluation of key Department programs. It also devotes resources to advance international economic and financial policy objectives, including closing tax havens overseas by participating in the Global Tax Forum, and encouraging sound international economic policies by hosting a number of additional multilateral meetings leading up to the G-7, G-20, and APEC conferences. Finally, the Budget provides resources to improve procurement activities and for the continued administration of the American Recovery and Reinvestment Act of 2009.Program and Financing(in millions of dollars)Identification code 20-0101-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Economic policies and programs434771
00.02Financial policies and programs314990
00.03Terrorism and Financial Intelligence6064103
00.04Treasury-wide management policies and programs171636
00.05Treasury-wide financial statement audit577
00.07Executive Direction212239
00.08Administration programs activities94100
01.00Subtotal, Direct programs271305346
09.11Reimbursable program523434
09.99Subtotal, reimbursable program523434
10.00Total new obligations323339380
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year61111
22.00New budget authority (gross)331339380
23.90Total budgetary resources available for obligation337350391
23.95Total new obligations-323-339-380
23.98Unobligated balance expiring or withdrawn-3
24.40Unobligated balance carried forward, end of year111111
New budget authority (gross), detail:
Discretionary:
40.00Appropriation279305346
Spending authority from offsetting collections:
58.00Offsetting collections (cash)323434
58.10Change in uncollected customer payments from Federal sources (unexpired)20
58.90Spending authority from offsetting collections (total discretionary)523434
70.00Total new budget authority (gross)331339380
Change in obligated balances:
72.40Obligated balance, start of year566443
73.10Total new obligations323339380
73.20Total outlays (gross)-290-355-369
73.40Adjustments in expired accounts (net)-9-5-5
74.00Change in uncollected customer payments from Federal sources (unexpired)-20
74.10Change in uncollected customer payments from Federal sources (expired)4
74.40Obligated balance, end of year644349
Outlays (gross), detail:
86.90Outlays from new discretionary authority245300335
86.93Outlays from discretionary balances455534
87.00Total outlays (gross)290355369
Offsets:
Against gross budget authority and outlays:
88.00Offsetting collections (cash) from: Federal sources-36-34-34
Against gross budget authority only:
88.95Change in uncollected customer payments from Federal sources (unexpired)-20
88.96Portion of offsetting collections (cash) credited to expired accounts4
Net budget authority and outlays:
89.00Budget authority279305346
90.00Outlays254321335
Memorandum (non-add) entries:
92.01Total investments, start of year: Federal securities: Par value
92.02Total investments, end of year: Federal securities: Par value
Object Classification(in millions of dollars)Identification code 20-0101-0-1-8032009 actual2010 est.2011 est.
Direct obligations:
Personnel compensation:
11.1Full-time permanent123149155
11.3Other than full-time permanent3
11.5Other personnel compensation1
11.8Special personal services payments1
11.9Total personnel compensation123149160
12.1Civilian personnel benefits312940
21.0Travel and transportation of persons5510
23.1Rental payments to GSA454
23.3Communications, utilities, and miscellaneous charges14159
24.0Printing and reproduction333
25.1Advisory and assistance services424551
25.2Other services192121
25.3Other purchases of goods and services from Government accounts222527
25.4Operation and maintenance of facilities111
25.7Operation and maintenance of equipment113
26.0Supplies and materials4311
31.0Equipment236
99.0Direct obligations271305346
99.0Reimbursable obligations523434
99.9Total new obligations323339380
Employment SummaryIdentification code 20-0101-0-1-8032009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment1,0891,2661,342
Reimbursable:
2001Civilian full-time equivalent employment124137137
Department-wide Systems and Capital Investments Programs department-wide systems and capital investments programs(including transfer of funds)For development and acquisition of automatic data processing equipment, software, and services for the Department of the Treasury, $9,544,000 $22,000,000, to remain available until September 30, 2012 2013: Provided, That $4,544,000 is for repairs to the Treasury Annex Building: Provided further, That these funds shall be transferred to accounts and in amounts as necessary to satisfy the requirements of the Department's offices, bureaus, and other organizations: Provided further, That this transfer authority shall be in addition to any other transfer authority provided in this Act: Provided further, That none of the funds appropriated under this heading shall be used to support or supplement "Internal Revenue Service, Operations Support'' or "Internal Revenue Service, Business Systems Modernization''. (Department of the Treasury Appropriations Act, 2010.) This account is authorized to be used by or on behalf of Treasury bureaus, at the Secretary's discretion, to modernize business processes and increase efficiency through technology and infrastructure investments. The 2011 Budget provides funds to continue the department-wide implementation of the Enterprise Content Management (ECM) program and to begin the implementation of the Federal Financial Transformation program. The ECM program will modernize Treasury's document-based business processes by allowing bureaus to electronically capture, store, search/analyze, and share documents from internal and external customers, including citizens, corporations, intelligence, law enforcement, and financial communities. The Federal Financial Transformation program will develop government-wide solutions that automate manual financial transaction processing and report production activities performed at Federal agencies. By automating the capture of financial information, these centrally-managed solutions will generate efficiencies across the Federal Government, as well as make financial information available to the public earlier.Program and Financing(in millions of dollars)Identification code 20-0115-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity103022
10.00Total new obligations103022
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year123010
22.00New budget authority (gross)271022
22.10Resources available from recoveries of prior year obligations1
23.90Total budgetary resources available for obligation404032
23.95Total new obligations-10-30-22
24.40Unobligated balance carried forward, end of year301010
New budget authority (gross), detail:
Discretionary:
40.00Appropriation271022
Change in obligated balances:
72.40Obligated balance, start of year181124
73.10Total new obligations103022
73.20Total outlays (gross)-16-17-20
73.45Recoveries of prior year obligations-1
74.40Obligated balance, end of year112426
Outlays (gross), detail:
86.90Outlays from new discretionary authority1510
86.93Outlays from discretionary balances151210
87.00Total outlays (gross)161720
Net budget authority and outlays:
89.00Budget authority271022
90.00Outlays161720
Object Classification(in millions of dollars)Identification code 20-0115-0-1-8032009 actual2010 est.2011 est.
Direct obligations:
25.1Advisory and assistance services3
25.2Other services32111
25.3Other purchases of goods and services from Government accounts3
32.0Land and structures1911
99.9Total new obligations103022
Office of Inspector General Office of Inspector GeneralFor necessary expenses of the Office of Inspector General in carrying out the provisions of the Inspector General Act of 1978, as amended, $30,269,000, of which not to exceed $2,000,000 for official travel expenses, including hire of passenger motor vehicles; and of which not to exceed $100,000 for unforeseen emergencies of a confidential nature, to be allocated and expended under the direction of the Inspector General of the Treasury, $29,700,000, of which not to exceed $2,500 shall be available for official reception and representation expenses. (Department of the Treasury Appropriations Act, 2010.) The Office of Inspector General (OIG) conducts audits, evaluations, and investigations designed to: (1) promote economy, efficiency, and effectiveness and prevent and detect fraud, waste, and abuse in Departmental programs and operations; and (2) keep the Secretary and the Congress fully and currently informed of problems and deficiencies in the administration of Departmental programs and operations. This office is responsible for audit and investigative operations of all Treasury activities except tax administration.The FY 2011 resources for the OIG will be used to provide critical audit and investigative services, ensuring the effectiveness and integrity of Treasury's programs and operations. The OIG will continue to address mandated requirements related to audits of the Department's financial statements, information security, and failed institutions regulated by the Office of the Comptroller of the Currency or the Office of Thrift Supervision resulting in material losses to the deposit insurance fund. The OIG will conduct audits of the Department's highest risk programs and operations. The Office of Audit expects to complete 100 percent of statutory audits by the required deadline, and to complete 62 audit products in FY 2011.In FY 2011, the OIG Office of Investigations will continue to investigate all reports of fraud, waste and abuse and other criminal activity, such as financial programs where fraud and other crimes are involved in the issuance of licenses or benefits to citizens; will perform oversight or quality assurance reviews of Treasury's police operations at the Bureau of Engraving and Printing and the U.S. Mint; and will conduct proactive efforts to detect, investigate and deter electronic crimes and other threats to the Treasury's physical and cyber critical infrastructure. The Office of Investigations will continue current efforts to aggressively investigate, close, and refer cases for criminal prosecution, civil litigation or corrective administrative action in a timely manner. Program and Financing(in millions of dollars)Identification code 20-0106-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Audits162323
00.02Investigations677
09.01Reimbursable program788
10.00Total new obligations293838
Budgetary resources available for obligation:
22.00New budget authority (gross)333838
23.95Total new obligations-29-38-38
23.98Unobligated balance expiring or withdrawn-4
New budget authority (gross), detail:
Discretionary:
40.00Appropriation263030
Spending authority from offsetting collections:
58.00Offsetting collections (cash)288
58.10Change in uncollected customer payments from Federal sources (unexpired)5
58.90Spending authority from offsetting collections (total discretionary)788
70.00Total new budget authority (gross)333838
Change in obligated balances:
72.40Obligated balance, start of year2517
73.10Total new obligations293838
73.20Total outlays (gross)-26-31-38
74.00Change in uncollected customer payments from Federal sources (unexpired)-5
74.10Change in uncollected customer payments from Federal sources (expired)55
74.40Obligated balance, end of year51717
Outlays (gross), detail:
86.90Outlays from new discretionary authority192121
86.93Outlays from discretionary balances71017
87.00Total outlays (gross)263138
Offsets:
Against gross budget authority and outlays:
88.00Offsetting collections (cash) from: Federal sources-7-8-8
Against gross budget authority only:
88.95Change in uncollected customer payments from Federal sources (unexpired)-5
88.96Portion of offsetting collections (cash) credited to expired accounts5
Net budget authority and outlays:
89.00Budget authority263030
90.00Outlays192330
Object Classification(in millions of dollars)Identification code 20-0106-0-1-8032009 actual2010 est.2011 est.
Direct obligations:
Personnel compensation:
11.1Full-time permanent111817
11.5Other personnel compensation112
11.9Total personnel compensation121919
12.1Civilian personnel benefits345
21.0Travel and transportation of persons11
23.1Rental payments to GSA122
23.3Communications, utilities, and miscellaneous charges11
25.2Other services221
25.3Other purchases of goods and services from Government accounts211
31.0Equipment2
99.0Direct obligations223030
99.0Reimbursable obligations788
99.9Total new obligations293838
Employment SummaryIdentification code 20-0106-0-1-8032009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment108150154
Treasury Inspector General for Tax Administration treasury inspector general for tax administrationsalaries and expensesFor necessary expenses of the Treasury Inspector General for Tax Administration in carrying out the Inspector General Act of 1978, as amended, including purchase (not to exceed 150 for replacement only for police-type use) and hire of passenger motor vehicles (31 U.S.C. 1343(b)); services authorized by 5 U.S.C. 3109, at such rates as may be determined by the Inspector General for Tax Administration; $152,000,000 $155,452,000, of which not to exceed $6,000,000 shall be available for official travel expenses; of which not to exceed $500,000 shall be available for unforeseen emergencies of a confidential nature, to be allocated and expended under the direction of the Inspector General for Tax Administration; and of which not to exceed $1,500 shall be available for official reception and representation expenses. (Department of the Treasury Appropriations Act, 2010.) The Treasury Inspector General for Tax Administration (TIGTA) conducts independent audits and investigations of Treasury Department matters relating to the Internal Revenue Service (IRS), the IRS Oversight Board, and the IRS Office of Chief Counsel. TIGTA's oversight helps ensure that the IRS accomplishes its mission; improves its programs and operations; promotes economy, efficiency and effectiveness; and prevents and detects fraud, waste and abuse. In FY 2011, TIGTA will continue to monitor the IRS' implementation of American Recovery and Reinvestment Act tax provisions. TIGTA's efforts will concentrate on the effectiveness of the tax provisions implemented and will both deter and detect potential fraud.In FY 2011, TIGTA's investigative program will concentrate on three core areas: (1) employee integrity; (2) employee and infrastructure security; and (3) external attempts to corrupt tax administration. As the principle law enforcement agency responsible for protecting the integrity of tax administration, TIGTA will focus its investigative efforts on identifying vulnerabilities and emerging threats to electronic tax administration.In FY 2011, TIGTA will administer an audit program that strikes a balance between statutory audit coverage and high-risk audit work. The statutory coverage will include audits mandated by the IRS Restructuring and Reform Act of 1998 and other statutory authorities and standards involving computer security, taxpayer privacy and rights, and financial management. The balance of TIGTA's audit work will focus on high-risk tax administration areas and will address major management and performance challenges facing the IRS, progress in achieving its strategic goals and their efforts to eliminate identified material weaknesses. Audits will address areas of concern to Congress, Secretary of the Treasury, IRS Oversight Board and IRS Commissioner. TIGTA's 2009 highlights include issuing 142 audit reports, and identifying more than $14.7 billion in potential financial benefits. In FY 2011, The Office of Inspections and Evaluations will conduct strategic reviews targeting specific tax administration problems.Program and Financing(in millions of dollars)Identification code 20-0119-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Audit545959
00.02Investigations939699
09.01Reimbursable program111
10.00Total new obligations148156159
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year174
22.00New budget authority (gross)154153156
23.90Total budgetary resources available for obligation155160160
23.95Total new obligations-148-156-159
24.40Unobligated balance carried forward, end of year741
New budget authority (gross), detail:
Discretionary:
40.00New budget authority (gross), detail153152155
58.00Spending authority from offsetting collections: Offsetting collections (cash)111
70.00Total new budget authority (gross)154153156
Change in obligated balances:
72.40Change in obligated balances141413
73.10Total new obligations148156159
73.20Total outlays (gross)-148-157-159
74.40Obligated balance, end of year141313
Outlays (gross), detail:
86.90Outlays (gross), detail137141144
86.93Outlays from discretionary balances111615
87.00Total outlays (gross)148157159
Offsets:
Against gross budget authority and outlays:
88.00Offsetting collections (cash) from: Offsets-1-1-1
Net budget authority and outlays:
89.00Budget authority153152155
90.00Outlays147156158
Object Classification(in millions of dollars)Identification code 20-0119-0-1-8032009 actual2010 est.2011 est.
Direct obligations:
Personnel compensation:
11.1Full-time permanent808487
11.5Other personnel compensation91110
11.9Total personnel compensation899597
12.1Civilian personnel benefits272829
21.0Travel and transportation of persons555
23.1Rental payments to GSA999
23.3Communications, utilities, and miscellaneous charges333
25.1Advisory and assistance services111
25.2Other services111
25.3Other purchases of goods and services from Government accounts788
25.7Operation and maintenance of equipment111
26.0Supplies and materials111
31.0Equipment333
99.0Direct obligations147155158
99.0Reimbursable obligations111
99.9Total new obligations148156159
Employment SummaryIdentification code 20-0119-0-1-8032009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment797835835
Reimbursable:
2001Civilian full-time equivalent employment333
Treasury Building and Annex Repair and Restoration Expanded Access to Financial Services Expanded Access to Financial Services funds enable the Department to provide program and outreach services for banking the unbanked. Program and Financing(in millions of dollars)Identification code 20-0121-0-1-8082009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity1
10.00Total new obligations (object class 25.2)1
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year211
23.95Total new obligations-1
24.40Unobligated balance carried forward, end of year111
Change in obligated balances:
72.40Obligated balance, start of year11
73.10Total new obligations1
74.40Obligated balance, end of year111
Net budget authority and outlays:
89.00Budget authority
90.00Outlays
Most of the balances in this account were transferred to the Department of Homeland Security in accordance with the Homeland Security Act of 2002 (P.L. 107-296). The remaining resources were used to fund projects related to domestic and international terrorism. This schedule reflects remaining balances in the account.Program and Financing(in millions of dollars)Identification code 20-0117-0-1-7512009 actual2010 est.2011 est.
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year11
22.00New budget authority (gross)1
23.90Total budgetary resources available for obligation111
24.40Unobligated balance carried forward, end of year111
New budget authority (gross), detail:
Discretionary:
58.00Spending authority from offsetting collections: Offsetting collections (cash)1
Change in obligated balances:
72.40Obligated balance, start of year111
74.40Obligated balance, end of year111
Offsets:
Against gross budget authority and outlays:
88.00Offsetting collections (cash) from: Federal sources-1
Net budget authority and outlays:
89.00Budget authority
90.00Outlays-1
Terrorism Insurance Program The Terrorism Risk Insurance Extension Act of 2007 (P.L. 110-160) reauthorized and revised the program established by the Terrorism Risk Insurance Act (TRIA) of 2002 (P.L. 107-297). The 2007 Act extended the Terrorism Insurance Program for seven years, through December 31, 2014. This extension of TRIA added a requirement for commercial property and casualty insurers to make available coverage for losses from domestic, as well as foreign, acts of terrorism and extends TRIA coverage for those losses. The Budget baseline includes the estimated Federal cost of providing terrorism risk insurance, reflecting the 2007 TRIA extension. Using market driven data, the Budget projects annual outlays and recoupment for TRIA. These estimates represent a weighted average of TRIA payments for insured losses over a full range of scenarios, from no insured losses (and therefore no TRIA payments), through ensured loss levels of varying magnitudes. On this basis, the Budget baseline projects net spending of $1.187 billion over the 2011-2015 period and $1.260 billion over the 2011-2020 period. The Administration proposes to lessen federal intervention in this insurance market and reduce the subsidy to and through private insurers (i.e., increase the private sector share of losses) beginning in 2011 after the economy is expected to stabilize. The Budget projects savings from this proposal of $378 million over the 2011-2015 period and $249 million over the 2011-2020 period. For more details, please see the Credit and Insurance chapter in the Analytical Perspectives volume.Program and Financing(in millions of dollars)Identification code 20-0123-0-1-3762009 actual2010 est.2011 est.
Obligations by program activity:
00.01Base Administrative Expenses233
00.02Projected Administrative Expenses66
00.03Projected Payments to Insurers95226
10.00Total new obligations2104235
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year211
22.00New budget authority (gross)1104235
23.90Total budgetary resources available for obligation3105236
23.95Total new obligations-2-104-235
24.40Unobligated balance carried forward, end of year111
New budget authority (gross), detail:
Mandatory:
60.00Appropriation1104235
Change in obligated balances:
72.40Obligated balance, start of year222
73.10Total new obligations2104235
73.20Total outlays (gross)-2-104-236
74.40Obligated balance, end of year221
Outlays (gross), detail:
86.97Outlays from new mandatory authority1103107
86.98Outlays from mandatory balances11129
87.00Total outlays (gross)2104236
Net budget authority and outlays:
89.00Budget authority1104235
90.00Outlays2104236
Summary of Budget Authority and Outlays(in millions of dollars)2009 actual2010 est.2011 est.
Enacted/requested:
Budget Authority1104235
Outlays2104236
Legislative proposal, subject to PAYGO:
Budget Authority-26
Outlays-26
|
Total:
Budget Authority1104209
Outlays2104210
Object Classification(in millions of dollars)Identification code 20-0123-0-1-3762009 actual2010 est.2011 est.
Direct obligations:
11.1Personnel compensation: Full-time permanent111
12.1Civilian personnel benefits11
25.1Advisory and assistance services66
25.2Other services11
42.0Projected Insurance claims and indemnities95226
99.0Direct obligations1104235
99.5Below reporting threshold1
99.9Total new obligations2104235
Employment SummaryIdentification code 20-0123-0-1-3762009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment91010
Legislative proposal, subject to PAYGO Program and Financing(in millions of dollars)Identification code 20-0123-4-1-3762009 actual2010 est.2011 est.
Obligations by program activity:
00.03Projected Payments to Insurers-26
10.00Total new obligations (object class 42.0)-26
Budgetary resources available for obligation:
22.00New budget authority (gross)-26
23.95Total new obligations26
24.40Unobligated balance carried forward, end of year
New budget authority (gross), detail:
Mandatory:
60.00Appropriation-26
Change in obligated balances:
73.10Total new obligations-26
73.20Total outlays (gross)26
74.40Obligated balance, end of year
Outlays (gross), detail:
86.97Outlays from new mandatory authority-26
Net budget authority and outlays:
89.00Budget authority-26
90.00Outlays-26
Treasury Forfeiture Fund(rescission) (cancellation)Of the unobligated balances available under this heading, $90,000,000 $62,000,000 are rescinded hereby permanently cancelled. (Department of the Treasury Appropriations Act, 2010.) The Treasury Forfeiture Fund supports Federal, State, and local law enforcement's use of asset forfeiture as a powerful tool to punish and deter criminal activity. Non-tax forfeitures made by participating bureaus of the Department of the Treasury and the Department of Homeland Security are deposited into the Fund. This revenue is available to pay or reimburse certain costs and expenses related to seizures and forfeitures that occur pursuant to laws enforced by the bureaus and other expenses authorized by 31 U.S.C. 9703. Upon notification of Congress, revenue can also be used to fund law enforcement related activities based on requests from member bureaus and evaluation by the Secretary of the Treasury. A $62 million cancellation is proposed for FY 2011.Special and Trust Fund Receipts(in millions of dollars)Identification code 20-5697-0-2-7512009 actual2010 est.2011 est.
01.00Balance, start of year23191
01.99Balance, start of year23191
Receipts:
02.00Forfeited Cash and Proceeds from Sale of Forfeited Property, Treasury Forfeiture Fund554500500
02.40Earnings on Investments, Treasury Forfeiture Fund122
02.99Total receipts and collections555502502
04.00Total: Balances and collections557533593
Appropriations:
05.00Treasury Forfeiture Fund-556-502-502
05.01Treasury Forfeiture Fund-30-90
05.02Treasury Forfeiture Fund3090
05.99Total appropriations-526-442-592
07.99Balance, end of year31911
Program and Financing(in millions of dollars)Identification code 20-5697-0-2-7512009 actual2010 est.2011 est.
Obligations by program activity:
00.01Asset forfeiture fund484600526
10.00Total new obligations484600526
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year183300142
22.00New budget authority (gross)526442530
22.10Resources available from recoveries of prior year obligations75
23.90Total budgetary resources available for obligation784742672
23.95Total new obligations-484-600-526
24.40Unobligated balance carried forward, end of year300142146
New budget authority (gross), detail:
Discretionary:
40.35Appropriation permanently reduced-62
Mandatory:
60.20Appropriation (special fund)556502502
60.28Appropriation (previously unavailable)3090
60.38Unobligated balance temporarily reduced-30-90
62.50Appropriation (total mandatory)526442592
70.00Total new budget authority (gross)526442530
Change in obligated balances:
72.40Obligated balance, start of year358406476
73.10Total new obligations484600526
73.20Total outlays (gross)-361-530-419
73.45Recoveries of prior year obligations-75
74.40Obligated balance, end of year406476583
Outlays (gross), detail:
86.90Outlays from new discretionary authority-62
86.97Outlays from new mandatory authority112221296
86.98Outlays from mandatory balances249309185
87.00Total outlays (gross)361530419
Net budget authority and outlays:
89.00Budget authority526442530
90.00Outlays361530419
Memorandum (non-add) entries:
92.01Total investments, start of year: Federal securities: Par value531705500
92.02Total investments, end of year: Federal securities: Par value705500500
Object Classification(in millions of dollars)Identification code 20-5697-0-2-7512009 actual2010 est.2011 est.
Direct obligations:
25.2Other services144215215
25.3Other purchases of goods and services from Government accounts156235161
41.0Grants, subsidies, and contributions184150150
99.9Total new obligations484600526
Presidential Election Campaign Fund Individual Federal income tax returns include an optional Federal income tax designation of $3 that an individual may elect to be paid to the Presidential Election Campaign Fund (PECF). In recent years, less than 10% of individuals have elected to make this designation, resulting in less than $50 million paid into the Fund annually. Approximately every four years, the Department of the Treasury makes distributions from the PECF (referred to as public funds, matching funds, or Federal funds) to qualified Presidential candidates and national party committees for use in the Presidential elections. Money for the public funding of Presidential elections can only come from the PECF. When the PECF runs short of funds, no other general Treasury funds may be used.The Federal Election Commission administers the public funding program, determining which candidates are eligible, the amount to which they are entitled, and auditing their use of funds. The Department of the Treasury collects the income tax designations and makes payouts to the campaigns.Matching Funds for Presidential Primary CandidatesUpon certification by the Federal Election Commission--based on demonstration of broad national support, adhering to spending limits, and other qualifications--every eligible Presidential primary candidate is entitled to receive $250 in Federal matching funds for the first eligible $250 of private contributions per individual received after the beginning of the calendar year immediately preceding the election year through the end of the calendar year of the election. For the 2012 Presidential election, payouts to eligible candidates are possible beginning in January 2011 and all monies raised in 2011 or 2012 are potentially matchable.Candidates for General ElectionsBy statute, 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 an inflation adjustment. In 2008, this amounted to $84.1 million for each candidate, and only the Republican candidate accepted general election funding. Eligibility for this funding depends on meeting several criteria such as agreeing to limit spending amounts specified by campaign finance laws. In addition, provision is made for new parties, minor parties, and non-major party candidates who may receive in excess of 5 percent of the popular vote and therefore be entitled to a pro rata portion of the major party grant in the general election.Nominating Party ConventionsUpon certification by the Commission, payments may be made to the national committee of a major or minor political party that chooses 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 an inflation adjustment (over 1974). In 2007, the Republican and Democratic parties each received $16.4 million for their nominating conventions. An additional $464,000 was paid to each party in 2008 to reflect the fully adjusted grant for 2008. When there are insufficient funds to meet the demand for public funding, payments to the national parties for their nominating conventions have first priority with the general election candidates second and the primary candidates last. Special and Trust Fund Receipts(in millions of dollars)Identification code 20-5081-0-2-8082009 actual2010 est.2011 est.
01.00Balance, start of year6
01.99Balance, start of year6
Receipts:
02.00Presidential Election Campaign Fund455050
02.99Total receipts and collections455050
04.00Total: Balances and collections455056
Appropriations:
05.00Presidential Election Campaign Fund-45-44-42
05.99Total appropriations-45-44-42
07.99Balance, end of year614
Program and Financing(in millions of dollars)Identification code 20-5081-0-2-8082009 actual2010 est.2011 est.
Obligations by program activity:
00.03Nominating Conventions - Major Party37
10.00Total new obligations (object class 41.0)37
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year107152196
22.00New budget authority (gross)454442
23.90Total budgetary resources available for obligation152196238
23.95Total new obligations-37
24.40Unobligated balance carried forward, end of year152196201
New budget authority (gross), detail:
Mandatory:
60.20Appropriation (special fund)454442
Change in obligated balances:
73.10Total new obligations37
73.20Total outlays (gross)-37
Outlays (gross), detail:
86.98Outlays from mandatory balances37
Net budget authority and outlays:
89.00Budget authority454442
90.00Outlays37
Exchange Stabilization Fund Under the law creating the Exchange Stabilization Fund (ESF), 31 USC 5302, the Secretary of the Treasury, with the approval of the President, is authorized to deal in gold, foreign exchange, and other instruments of credit and securities, as the Secretary considers necessary, consistent with U.S. obligations in the International Monetary Fund (IMF) regarding orderly exchange arrangements and a stable system of exchange rates. All earnings and interest accruing to the ESF are available for the purposes thereof. Transactions in Special Drawing Rights (SDRs) and U.S. holdings of SDRs are administered by the fund. As required by Public Law 95-612, the fund is not available to pay administrative expenses.The principal sources of the fund's income are earnings on investments held by the fund, including interest earned on fund holdings of U.S. Government securities.The amounts reflected in the 2010 and 2011 estimates entail only projected net interest earnings on ESF assets. The estimates are subject to considerable variance, depending on changes in the amount and composition of assets and the interest rates applied to investments. In addition, these estimates make no attempt to forecast gains or losses on SDR valuation or foreign currency valuation. Program and Financing(in millions of dollars)Identification code 20-4444-0-3-1552009 actual2010 est.2011 est.
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year (Special drawing rights)35,27288,19690,916
22.00New budget authority (gross)413419423
22.21Unobligated balance transferred to other accounts-1,094
22.22Unobligated balance transferred from other accounts2,301
23.43Adjustment to foreign exchange valuation for Exchange Stabilization Fund53,605
23.90Total budgetary resources available for obligation88,19690,91691,339
24.40Unobligated balance carried forward, end of year88,19690,91691,339
New budget authority (gross), detail:
Mandatory:
69.00Offsetting collections (cash)413419423
Change in obligated balances:
72.40Obligated balance, start of year14,13514,13514,135
74.40Obligated balance, end of year14,13514,13514,135
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.20Interest on Federal securities-20-9-12
88.40Interest on foreign investments-393-410-411
88.40Non-Federal sources
88.90Total, offsetting collections (cash)-413-419-423
Net budget authority and outlays:
89.00Budget authority
90.00Outlays-413-419-423
Memorandum (non-add) entries:
92.01Total investments, start of year: Federal securities: Par value16,84018,61520,925
92.02Total investments, end of year: Federal securities: Par value18,61520,92522,700
92.03Total investments, start of year: non-Federal securities: Market value23,14925,77027,200
92.04Total investments, end of year: non-Federal securities: Market value25,77027,20028,630
Balance Sheet(in millions of dollars)Identification code 20-4444-0-3-1552008 actual2009 actual
ASSETS:
Federal assets: Investments in US securities:
1102Treasury securities, par16,84018,615
1201Non-Federal assets: Foreign Currency Investments23,30125,907
1801Other Federal assets: Special Drawing Rights9,46357,961
1999Total assets49,604102,483
LIABILITIES:
2207Non-Federal liabilities: Other9,86761,168
2999Total liabilities9,86761,168
NET POSITION:
3100Appropriated capital200200
3300Cumulative results of operations39,53741,115
3999Total net position39,73741,315
4999Total liabilities and net position49,604102,483
Exchange Stabilization Fund-Money Market Mutual Fund Guaranty Facility The Department established a Temporary Guarantee Program for Money Market Funds (Treasury Guarantee Program) in September 2008 that was managed under the purview of the Treasury's Office of Financial Institutions. Under the Treasury Guarantee Program, the Treasury guaranteed to individual investors that they would receive the stable share price (SSP) for each share held in a participating money market fund up to the number of shares held as of the close of business, September 19, 2008. Use of ESF assets to support the Treasury Guarantee Program was approved by the President and the Secretary of the Treasury on September 19, 2008, and opened for participation on September 29, 2008. To participate in the Treasury Guarantee Program, eligible money market funds must have submitted an application and paid a premium of 1 basis point if the fund's Net Asset Value (NAV) was greater than or equal to 99.75 percent of the SSP, or 1.5 basis points of the SSP if the fund's NAV was less than 99.75 percent of the SSP but greater than or equal to 99.50 percent of the SSP. To be eligible, funds were required to: (1) be regulated under Rule 2a-7 of the Investment Company Act of 1940; (2) maintain a SSP; (3) have a market-based NAV of at least 99.5 percent of the SSP as of September 19, 2008; and (4) be publicly offered and registered with the Securities and Exchange Commission. The Program was initially offered for a three month period (through December 19, 2008), with the option to extend through September 18, 2009, at the discretion of the Secretary of the Treasury. The Program was extended twice during 2009; first from December 19, 2008 through April 30, 2009 and again through September 18, 2009. The program officially expired on September 18, 2009.On November 19, 2008, Treasury entered into a transaction with the Reserve Fund's U.S. Government Fund (USGF), under which Treasury: (1) executed the Guarantee Agreement, which accepted the USGF into the Treasury Guarantee Program; and (2) signed a Letter Agreement with the USGF. Under the terms of the Letter Agreement, Treasury was obligated to purchase in early January 2009 the USGF's remaining securities issued by four U.S. government sponsored enterprises. On January 15, 2009 the ESF purchased approximately $3.6 billion of these securities; the purchase price representing the amortized cost of the remaining securities, plus accrued but unpaid interest. Upon consummation of the purchase, these GSE securities were classified as held to maturity. As of the end of fiscal year 2009, $1.1 billion of these securities remained outstanding. In November 2009, all securities matured and resulted in the closing of the Treasury Guarantee Program (and this account) in fiscal year 2010.Program and Financing(in millions of dollars)Identification code 20-4274-0-3-3762009 actual2010 est.2011 est.
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year402,301
22.00New budget authority (gross)1,167
22.21Unobligated balance transferred to other accounts-2,301
22.22Unobligated balance transferred from other accounts1,094
23.90Total budgetary resources available for obligation2,301
24.40Unobligated balance carried forward, end of year2,301
New budget authority (gross), detail:
Mandatory:
69.00Offsetting collections (cash)1,167
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.20Interest on Federal securities-1
88.40Non-Federal sources-1,166
88.90Total, offsetting collections (cash)-1,167
Net budget authority and outlays:
89.00Budget authority
90.00Outlays-1,167
Memorandum (non-add) entries:
92.01Total investments, start of year: Federal securities: Par value71,201
92.02Total investments, end of year: Federal securities: Par value1,201
92.04Total investments, end of year: non-Federal securities: Market value1,100
Balance Sheet(in millions of dollars)Identification code 20-4274-0-3-3762008 actual2009 actual
ASSETS:
Federal assets: Investments in US securities:
1102Treasury securities, par77
1801Other Federal assets: Cash and other monetary assets3333
1999Total assets4040
LIABILITIES:
2207Non-Federal liabilities: Other4040
2999Total liabilities4040
NET POSITION:
3999Total net position
4999Total liabilities and net position4040
Central services for Treasury Department bureaus funded through the Department of the Treasury Working Capital Fund include: telecommunications, printing, duplicating, graphics, computer support/usage, personnel/payroll, automated financial management systems, training, short-term management assistance, procurement, information technology services, equal employment opportunity services, and environmental health and safety services. These services are provided on a reimbursable basis at rates which will recover the Fund's operating expenses, including accrual of annual leave and depreciation of equipment.Program and Financing(in millions of dollars)Identification code 20-4501-0-4-8032009 actual2010 est.2011 est.
Obligations by program activity:
09.10Working capital fund267199150
09.11Administrative overhead888
10.00Total new obligations275207158
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year944646
22.00New budget authority (gross)198207158
22.10Resources available from recoveries of prior year obligations29
23.90Total budgetary resources available for obligation321253204
23.95Total new obligations-275-207-158
24.40Unobligated balance carried forward, end of year464646
New budget authority (gross), detail:
Mandatory:
69.00Offsetting collections (cash)198207158
Change in obligated balances:
72.40Obligated balance, start of year10311114
73.10Total new obligations275207158
73.20Total outlays (gross)-238-304-160
73.45Recoveries of prior year obligations-29
74.40Obligated balance, end of year1111412
Outlays (gross), detail:
86.97Outlays from new mandatory authority184197150
86.98Outlays from mandatory balances5410710
87.00Total outlays (gross)238304160
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00Federal sources-12-207-158
88.40Non-Federal sources-186
88.90Total, offsetting collections (cash)-198-207-158
Net budget authority and outlays:
89.00Budget authority
90.00Outlays40972
Object Classification(in millions of dollars)Identification code 20-4501-0-4-8032009 actual2010 est.2011 est.
Reimbursable obligations:
11.1Personnel compensation: Full-time permanent222625
12.1Civilian personnel benefits555
21.0Travel and transportation of persons1
23.1Rental payments to GSA4
23.3Communications, utilities, and miscellaneous charges144
25.1Advisory and assistance services16
25.2Other services121163116
25.3Other purchases of goods and services from Government accounts96
25.7Operation and maintenance of equipment9
26.0Supplies and materials32
31.0Equipment165
99.9Total new obligations275207158
Employment SummaryIdentification code 20-4501-0-4-8032009 actual2010 est.2011 est.
Reimbursable:
2001Civilian full-time equivalent employment190226222
The Department of the Treasury was authorized to pilot a franchise fund under P.L. 103-356, the Government Management and Reform Act of 1994. The purpose of the franchise fund pilot was to bring about lower costs and higher quality for government and financial administrative services through greater competition. The Treasury Franchise Fund (The Fund) was established by P.L. 104-208, made permanent by P.L. 108-447 and codified as 31 U.S.C. 322, note.The Fund is a revolving fund that is used to supply financial and administrative services to the Department of Treasury and other federal agencies on a fee-for-service basis. The Financial Management Administrative Support budget activity has been defined to include the services provided by the Bureau of the Public Debt's Administrative Resource Center (ARC). ARC has been providing competitively priced, high quality, value added services since joining the Fund in 1998 and has been designated a Center of Excellence as a federal shared service provider under both the Financial Management (FMLoB) and Information Systems Security Lines of Business (ISSLoB). In addition, ARC has critical supporting roles in the Human Resources and Public Key Infrastructure (PKI) SSP designations of the Department of Treasury.Program and Financing(in millions of dollars)Identification code 20-4560-0-4-8032009 actual2010 est.2011 est.
Obligations by program activity:
09.01Consolidated/Integrated Administrative Management15
09.02Financial Management Administrative Support Service146168176
09.03Financial Systems, Consulting and Training5
10.00Total new obligations166168176
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year1416268
22.00New budget authority (gross)13168176
22.10Resources available from recoveries of prior year obligations7466
23.90Total budgetary resources available for obligation228236250
23.95Total new obligations-166-168-176
24.40Unobligated balance carried forward, end of year626874
New budget authority (gross), detail:
Discretionary:
Spending authority from offsetting collections:
58.00Offsetting collections (cash)177172179
58.10Change in uncollected customer payments from Federal sources (unexpired)-164-4-3
58.90Spending authority from offsetting collections (total discretionary)13168176
Change in obligated balances:
72.40Obligated balance, start of year-8564
73.10Total new obligations166168176
73.20Total outlays (gross)-165-168-175
73.45Recoveries of prior year obligations-74-6-6
74.00Change in uncollected customer payments from Federal sources (unexpired)16443
74.40Obligated balance, end of year642
Outlays (gross), detail:
86.90Outlays from new discretionary authority133146153
86.93Outlays from discretionary balances322222
87.00Total outlays (gross)165168175
Offsets:
Against gross budget authority and outlays:
88.00Offsetting collections (cash) from: Federal sources-177-172-179
Against gross budget authority only:
88.95Change in uncollected customer payments from Federal sources (unexpired)16443
Net budget authority and outlays:
89.00Budget authority
90.00Outlays-12-4-4
Object Classification(in millions of dollars)Identification code 20-4560-0-4-8032009 actual2010 est.2011 est.
Reimbursable obligations:
Personnel compensation:
11.1Full-time permanent697075
11.3Other than full-time permanent111
11.5Other personnel compensation333
11.9Total personnel compensation737479
12.1Civilian personnel benefits192123
21.0Travel and transportation of persons122
23.2Rental payments to others1
23.3Communications, utilities, and miscellaneous charges433
25.1Advisory and assistance services464
25.2Other services191313
25.3Other purchases of goods and services from Government accounts263233
25.7Operation and maintenance of equipment789
26.0Supplies and materials111
31.0Equipment1089
32.0Land and structures1
99.9Total new obligations166168176
Employment SummaryIdentification code 20-4560-0-4-8032009 actual2010 est.2011 est.
Reimbursable:
2001Civilian full-time equivalent employment9441,0031,043
Administrative Expenses, Recovery Act This appropriation covers the administrative expenses associated with programs authorized by certain sections of the American Recovery and Reinvestment Act. The $131 million appropriated to this account will support the implementation and administration of a number of new and expanded tax , bond and cash assistance programs across the Department of the Treasury. Funding also supported the disbursement of approximately 64 million Economic Recovery Payments to Social Security, Supplemental Security Income, Railroad Retirement, and Veterans Affairs beneficiaries. Program and Financing(in millions of dollars)Identification code 20-0129-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Internal Revenue Service2795
00.02Financial Management Service42
00.03Treasury, Departmental Office21
10.00Total new obligations3398
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year98
22.00New budget authority (gross)131
23.90Total budgetary resources available for obligation13198
23.95Total new obligations-33-98
24.40Unobligated balance carried forward, end of year98
New budget authority (gross), detail:
Discretionary:
40.00Appropriation131
Change in obligated balances:
72.40Obligated balance, start of year46
73.10Total new obligations3398
73.20Total outlays (gross)-29-96-2
74.40Obligated balance, end of year464
Outlays (gross), detail:
86.90Outlays from new discretionary authority29
86.93Outlays from discretionary balances962
87.00Total outlays (gross)29962
Net budget authority and outlays:
89.00Budget authority131
90.00Outlays29962
Object Classification(in millions of dollars)Identification code 20-0129-0-1-8032009 actual2010 est.2011 est.
Direct obligations:
Personnel compensation:
11.1Full-time permanent1354
11.5Other personnel compensation32
11.9Total personnel compensation1656
12.1Civilian personnel benefits420
21.0Travel and transportation of persons12
23.3Communications, utilities, and miscellaneous charges62
25.1Advisory and assistance services3
25.2Other services411
26.0Supplies and materials2
31.0Equipment22
99.9Total new obligations3398
Employment SummaryIdentification code 20-0129-0-1-8032009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment2761,200
Grants for Specified Energy Property in Lieu of Tax Credits, Recovery Act Section 1603 of the American Recovery and Reinvestment Act of 2009 authorizes and directs the Secretary of the Treasury to establish payments in lieu of a tax credits for taxpayers that place in service qualifying renewable energy facilities. This account presents the estimated disbursements for this program.This program will provide payments for specified energy property (including qualified facilities that produce electricity from wind and certain other renewable resources; qualified fuel cell property; solar property; qualified small wind energy property; geothermal property; qualified microturbine property; combined heat and power system property; and geothermal heat pump property). Payments are available for property placed in service in 2009 or 2010. In some cases, if construction begins in 2009 or 2010, the payment can be claimed for property placed in service before 2013, 2014 or 2017 (depending on the type of property). In general, projects that meet eligibility criteria for the energy property investment tax credit (ITC) (including qualified renewable energy facilities for which an election to claim the ITC can be made) are eligible for the payments. A person or entity receiving a payment for specified energy property may not claim either the investment tax credit or the renewable energy production tax credit with respect to the same property.Program and Financing(in millions of dollars)Identification code 20-0140-0-1-2712009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct Program Activity1,0533,0874,464
10.00Total new obligations (object class 41.0)1,0533,0874,464
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year7
21.45Adjustments to unobligated balance carried forward, start of year-7
22.00New budget authority (gross)1,0603,0874,464
23.90Total budgetary resources available for obligation1,0603,0874,464
23.95Total new obligations-1,053-3,087-4,464
24.40Unobligated balance carried forward, end of year7
New budget authority (gross), detail:
Mandatory:
60.00Appropriation1,0603,0874,464
Change in obligated balances:
73.10Total new obligations1,0533,0874,464
73.20Total outlays (gross)-1,053-3,087-4,464
Outlays (gross), detail:
86.97Outlays from new mandatory authority1,0533,0804,464
86.98Outlays from mandatory balances7
87.00Total outlays (gross)1,0533,0874,464
Net budget authority and outlays:
89.00Budget authority1,0603,0874,464
90.00Outlays1,0533,0874,464
Grants to States for Low-Income Housing Projects in Lieu of Low-Income Housing Credit Allocations Section 1602 of the American Recovery and Reinvestment Act of 2009 (Recovery Act) authorizes and directs the Secretary of the Treasury to establish payments to states for low-income housing projects in lieu of low-income housing tax credits (LIHTC). This account presents the estimated disbursements for this program.The program will provide payments to State housing credit agencies to make sub-awards to finance the construction or acquisition and rehabilitation of qualified low-income housing in the same manner and generally subject to the same limitations as LIHTCs allocated under section 42 of the Internal Revenue Code (IRC). The Recovery Act specifies that the exchange of credits for cash payments applies only to the 2009 LIHTC ceiling under IRC 42(h)(3)(C), and that States may elect to exchange credits for cash payments subject to the requirements and limitations provided in Division B, sections 1404 & 1602 of the Recovery Act.The 2011 Budget proposes to extend for one year the cash assistance in lieu of LIHTCs option available to States found in the Recovery Act. The same general requirements and restrictions found in the Recovery Act will apply to the extension.Program and Financing(in millions of dollars)Identification code 20-0139-0-1-6042009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct Program Activity2,4651,180450
10.00Total new obligations (object class 41.0)2,4651,180450
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year465
21.45Adjustments to unobligated balance carried forward, start of year-465
22.00New budget authority (gross)2,9301,180450
23.90Total budgetary resources available for obligation2,9301,180450
23.95Total new obligations-2,465-1,180-450
24.40Unobligated balance carried forward, end of year465
New budget authority (gross), detail:
Mandatory:
60.00Appropriation2,9301,180450
Change in obligated balances:
72.40Obligated balance, start of year2,4361,076
73.10Total new obligations2,4651,180450
73.20Total outlays (gross)-29-2,540-870
74.40Obligated balance, end of year2,4361,076656
Outlays (gross), detail:
86.97Outlays from new mandatory authority29650174
86.98Outlays from mandatory balances1,890696
87.00Total outlays (gross)292,540870
Net budget authority and outlays:
89.00Budget authority2,9301,180450
90.00Outlays292,540870
Summary of Budget Authority and Outlays(in millions of dollars)2009 actual2010 est.2011 est.
Enacted/requested:
Budget Authority2,9301,180450
Outlays292,540870
Legislative proposal, subject to PAYGO:
Budget Authority2,4351,815
Outlays2,4351,815
|
Total:
Budget Authority2,9303,6152,265
Outlays294,9752,685
Legislative proposal, subject to PAYGO Program and Financing(in millions of dollars)Identification code 20-0139-4-1-6042009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct Program Activity2,4351,815
10.00Total new obligations (object class 41.0)2,4351,815
Budgetary resources available for obligation:
22.00New budget authority (gross)2,4351,815
23.95Total new obligations-2,435-1,815
New budget authority (gross), detail:
Mandatory:
60.00Appropriation2,4351,815
Change in obligated balances:
73.10Total new obligations2,4351,815
73.20Total outlays (gross)-2,435-1,815
Outlays (gross), detail:
86.97Outlays from new mandatory authority2,4351,815
Net budget authority and outlays:
89.00Budget authority2,4351,815
90.00Outlays2,4351,815
Air Transportation Stabilization Guaranteed Loan Financing Account Community Development Financial Institutions Fund Program Account Community Development Financial Institutions Fund Program Account(including transfer of funds)To carry out the Community Development Banking and Financial Institutions Act of 1994 (Public Law 103-325), including services authorized by 5 U.S.C. 3109, but at rates for individuals not to exceed the per diem rate equivalent to the rate for ES-3, notwithstanding sections 4707(d) and 4707(e) of title 12, United States Code, $166,750,000 $250,000,000, to remain available until September 30, 2011 2012; of which $12,000,000 shall be for financial assistance, technical assistance, training and outreach programs, under sections 105 through 109 of the Community Development Banking and Financial Institutions Act of 1994 (12 U.S.C. 4704-4708), designed to benefit Native American, Native Hawaiian, and Alaskan Native communities and provided primarily through qualified community development lender organizations with experience and expertise in community development banking and lending in Indian country, Native American organizations, tribes and tribal organizations and other suitable providers; of which $1,000,000 shall be available for the pilot project grant program under section 1132(d) of division A of the Housing and Economic Recovery Act of 2008 (Public Law 110-289); of which $3,150,000 shall be for an additional pilot project grant to an eligible organization located in the State of Hawaii for financial education and pre-home ownership counseling as authorized in section 1132(d) of division A of the Housing and Economic Recovery Act of 2008 (Public Law 110-289), and, notwithstanding section 4707(d), up to $25,000,000 shall be for a Healthy Food Financing Initiative to provide grants and loans to community development financial institutions for the purpose of offering affordable financing and technical assistance to expand the availability of healthy food options in distressed communities; of which up to $18,000,000 may $50,000,000 shall be for financial assistance, technical assistance, training and outreach programs to community development financial institutions, other financial service organizations, non-profit organizations, states, and local governments, and partnerships of such entities (or a financial service organization designated as a fiscal agent on behalf of such entity) for the purpose of seeding local initiatives to establish bank accounts for low and moderate-income persons who do not have bank accounts with financial institutions, and providing appropriate financial products and services to underbanked persons, and for the purpose of encouraging such persons to enter into formal banking relationships and access financial services and development services, and to evaluate the results of such efforts; of which up to $23,000,000 may be used for administrative expenses, including administration of the New Markets Tax Credit; of which up to $10,200,000 may be used for the cost of direct loans; and of which 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: Provided further, That these funds are available to subsidize gross obligations for the principal amount of direct loans not to exceed $25,000,000.For an additional amount to be transferred to the "Capital Magnet Fund'', as authorized by section 1339 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 1301 et seq.), as amended by section 1131 of the Housing and Economic Recovery Act of 2008 (Public Law 110-289), to support financing for affordable housing and economic development projects, $80,000,000, to remain available until September 30, 2011: Provided, That, for fiscal year 2010, section 1339(h)(3) of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by section 1131 of the Housing and Economic Recovery Act of 2008 (Public Law 110-289), shall be applied by substituting the term "at least 10 times the grant amount or such other amount that the Secretary may require'' for "at least 10 times the grant amount''. (Department of the Treasury Appropriations Act, 2010.) The Community Development Financial Institutions (CDFI) Fund promotes economic and community development through investment in and assistance to community development banks, credit unions, loan funds, and venture capital funds in order to expand the availability of financial services and affordable credit for underserved populations, including distressed urban, rural, Native American, Native Hawaiian, and Alaska Native communities. The CDFI Fund's role in promoting community and economic development was expanded in FY 2001 when the Secretary of the Treasury delegated to the CDFI Fund the responsibility of administering the New Markets Tax Credit (NMTC) Program which spurs investment of new private sector capital into low-income communities. The 2011 Budget proposes to increase funding for the CDFI Fund's core merit-based CDFI programs, in addition to funding two new community development initiatives: (1) the Healthy Food Financing Initiative (HFFI), which will provide grants to CDFIs for the purpose of offering affordable financing to expand the availability of healthy food options in distressed communities; and, (2) Bank on USA, which will promote access to affordable and appropriate financial services and basic consumer credit products for households without access to such products and services. In addition, the Budget proposes to reauthorize the NMTC through FY 2011, offsetting the Alternative Minimum Tax requirements for all NMTC allocation authority awarded but for which investments have not yet been made. Of the $5 billion requested for NMTC investment authority in FY 2011, $250 million will be used to attract private sector capital that will support the financing of healthy food options in distressed communities as part of HFFI.Program and Financing(in millions of dollars)Identification code 20-1881-0-1-4512009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct loan subsidy4
00.05Direct program activity2
00.09General administrative expenses171823
00.11Bank enterprise awards program2225
00.12Financial Assistance55108155
00.14Native American/Hawaiian Program91212
00.16Recovery Act Funding98
00.18Hawaii Pilot Program3
00.20Financial Education and Counseling1
00.21National Fresh Food Financing10
00.22Bank on USA50
00.23Capital Magnet Fund80
10.00Total new obligations201249254
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year31111
22.00New budget authority (gross)208248251
22.10Resources available from recoveries of prior year obligations111
23.90Total budgetary resources available for obligation212260263
23.95Total new obligations-201-249-254
24.40Unobligated balance carried forward, end of year11119
New budget authority (gross), detail:
Discretionary:
40.00Appropriation207167250
40.00Appropriation80
43.00Appropriation (total discretionary)207247250
58.00Spending authority from offsetting collections: Offsetting collections (cash)111
70.00Total new budget authority (gross)208248251
Change in obligated balances:
72.40Obligated balance, start of year8670185
73.10Total new obligations201249254
73.20Total outlays (gross)-215-133-240
73.40Adjustments in expired accounts (net)-1
73.45Recoveries of prior year obligations-1-1-1
74.40Obligated balance, end of year70185198
Outlays (gross), detail:
86.90Outlays from new discretionary authority1335252
86.93Outlays from discretionary balances8281188
87.00Total outlays (gross)215133240
Offsets:
Against gross budget authority and outlays:
88.40Offsetting collections (cash) from: Non-Federal sources-1-1-1
Net budget authority and outlays:
89.00Budget authority207247250
90.00Outlays214132239
Memorandum (non-add) entries:
92.03Total investments, start of year: non-Federal securities: Market value333131
92.04Total investments, end of year: non-Federal securities: Market value313133
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program(in millions of dollars)Identification code 20-1881-0-1-4512009 actual2010 est.2011 est.
Direct loan levels supportable by subsidy budget authority:
115001Community Development Financial Institutions Prog Fin Assist.10
115999Total direct loan levels10
Direct loan subsidy (in percent):
132001Community Development Financial Institutions Prog Fin Assist.0.000.0040.53
132999Weighted average subsidy rate0.000.0040.53
Direct loan subsidy budget authority:
133001Community Development Financial Institutions Prog Fin Assist.4
133999Total subsidy budget authority4
Direct loan subsidy outlays:
134001Community Development Financial Institutions Prog Fin Assist.4
134999Total subsidy outlays4
Direct loan upward reestimates:
135001Community Development Financial Institutions Prog Fin Assist.2
135999Total upward reestimate budget authority2
Direct loan downward reestimates:
137001Community Development Financial Institutions Prog Fin Assist.-6
137999Total downward reestimate budget authority-6
Object Classification(in millions of dollars)Identification code 20-1881-0-1-4512009 actual2010 est.2011 est.
Direct obligations:
11.1Personnel compensation: Full-time permanent588
12.1Civilian personnel benefits222
23.1Rental payments to GSA222
23.3Communications, utilities, and miscellaneous charges1
25.1Advisory and assistance services114
25.2Other services513
25.3Other purchases of goods and services from Government accounts111
25.5Research and development contracts22
33.0Investments and loans11
41.0Grants, subsidies, and contributions184231231
99.9Total new obligations201249254
Employment SummaryIdentification code 20-1881-0-1-4512009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment608490
Community Development Financial Institutions Fund Direct Loan Financing Account 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.Program and Financing(in millions of dollars)Identification code 20-4088-0-3-4512009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct loans10
00.02Interest paid to Treasury222
00.03Principal paid to Treasury66
00.91Direct Program by Activities - Subtotal (1 level)2818
08.02Downward reestimates paid to receipt accounts4
08.04Interest on downward reestimates2
08.91Subtotal Reestimate activities6
10.00Total new obligations21418
Budgetary resources available for obligation:
22.00New financing authority (gross)11418
22.10Resources available from recoveries of prior year obligations1
23.90Total budgetary resources available for obligation21418
23.95Total new obligations-2-14-18
24.40Unobligated balance carried forward, end of year
New financing authority (gross), detail:
Mandatory:
60.47Portion applied to repay debt-4
67.10Authority to borrow6
69.00Offsetting collections (cash)61412
69.10Change in uncollected customer payments from Federal sources (unexpired)-1
69.90Spending authority from offsetting collections (total mandatory)51412
70.00Total new financing authority (gross)11418
Change in obligated balances:
72.40Obligated balance, start of year3
73.10Total new obligations21418
73.20Total financing disbursements (gross)-5-14-18
73.45Recoveries of prior year obligations-1
74.00Change in uncollected customer payments from Federal sources (unexpired)1
74.40Obligated balance, end of year
Outlays (gross), detail:
87.00Total financing disbursements (gross)51418
Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00Federal sources-1-2-4
88.40Non-Federal sources - Interest repayments-4-3-2
88.40Non-Federal sources - Principal Repayments-1-9-6
88.90Total, offsetting collections (cash)-6-14-12
Against gross financing authority only:
88.95Change in receivables from program accounts1
Net financing authority and financing disbursements:
89.00Financing authority-46
90.00Financing disbursements-16
Status of Direct Loans(in millions of dollars)Identification code 20-4088-0-3-4512009 actual2010 est.2011 est.
Position with respect to appropriations act limitation on obligations:
1111Limitation on direct loans1625
1142Unobligated direct loan limitation (-)-16-15
1150Total direct loan obligations10
Cumulative balance of direct loans outstanding:
1210Outstanding, start of year616051
1231Disbursements: Direct loan disbursements
1251Repayments: Repayments and prepayments-1-9-6
1263Write-offs for default: Direct loans
1290Outstanding, end of year605145
Balance Sheet(in millions of dollars)Identification code 20-4088-0-3-4512008 actual2009 actual
ASSETS:
Net value of assets related to post-1991 direct loans receivable:
1401Direct loans receivable, gross6161
1405Allowance for subsidy cost (-)-20-20
1499Net present value of assets related to direct loans4141
1999Total assets4141
LIABILITIES:
2103Federal liabilities: Debt4141
2999Total liabilities4141
4999Total liabilities and net position4141
Violent Crime Reduction Program Office of Financial Stability The Emergency Economic Stabilization Act (EESA) of 2008 (P.L. 110343) authorized the establishment of the Troubled Asset Relief Program (TARP) and the Office of Financial Stability (OFS) to purchase and insure certain types of troubled assets for the purpose of providing stability to and preventing disruption in the economy and financial systems and protecting taxpayers. The Act gives the Treasury Secretary broad and flexible authority to purchase and insure mortgage and other troubled assets, as well as inject capital by taking limited equity positions, as needed to stabilize the financial markets. This account provides for the administrative costs for the OFS.Program and Financing(in millions of dollars)Identification code 20-0128-0-1-3762009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity205314260
09.10Reimbursable program (Congressional Oversight Panel)452
09.11Reimbursable program (to GAO)91112
09.12Reimbursable program (to Treasury and Non-Treasury agencies)302623
10.00Total new obligations248356297
Budgetary resources available for obligation:
22.00New budget authority (gross)279356297
23.95Total new obligations-248-356-297
23.98Unobligated balance expiring or withdrawn-30
New budget authority (gross), detail:
Mandatory:
60.00Appropriation279356297
Change in obligated balances:
72.40Obligated balance, start of year15871
73.10Total new obligations248356297
73.20Total outlays (gross)-90-443-309
74.40Obligated balance, end of year1587159
Outlays (gross), detail:
86.97Outlays from new mandatory authority90285238
86.98Outlays from mandatory balances15871
87.00Total outlays (gross)90443309
Net budget authority and outlays:
89.00Budget authority279356297
90.00Outlays90443309
Object Classification(in millions of dollars)Identification code 20-0128-0-1-3762009 actual2010 est.2011 est.
Direct obligations:
11.1Personnel compensation: Full-time permanent103033
12.1Civilian personnel benefits289
21.0Travel and transportation of persons11
25.2Other services193274216
31.0Equipment11
99.0Direct obligations205314260
99.0Reimbursable obligations434237
99.9Total new obligations248356297
Employment SummaryIdentification code 20-0128-0-1-3762009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment86260271
Troubled Asset Relief Program Account As authorized by the Emergency Economic Stabilization Act of 2008 (EESA) (P.L. 110-343) and required by the Federal Credit Reform Act of 1990, as amended, this account records the subsidy costs associated with the TARP direct loans obligated and loan guarantees committed in 2008 and beyond (including modifications of direct loans or loan guarantees that resulted from obligations or commitments in any year). The subsidy amounts are estimated on a present value basis using a risk-adjusted discount rate, as required by the 2008 Act. The direct loan programs serviced by this account include the Automotive Industry Financing Program (AIFP), Term-Asset Backed Securities Loan Facility (TALF), Public-Private Investment Program (PPIP) and other EESA Section 101 loans. The AIFP was developed to prevent a significant disruption of the American automotive industry, which would pose a systemic risk to financial market stability and have a negative effect on the economy of the United States. The TALF was developed to stimulate investor demand for certain types of eligible asset-backed securities, specifically those backed by loans to consumers and small businesses, and ultimately, bring down the cost and increase the availability of new credit to consumers and businesses. The PPIP was developed to improve the condition of financial institutions by facilitating the removal of legacy assets from their balance sheets. The guaranteed loan commitments that were serviced by this account include the Asset Guarantee Program (AGP). The AGP provided guarantees for assets held by systemically significant financial institutions (Bank of America and Citigroup) that faced a risk of losing market confidence due in large part to a portfolio of distressed or illiquid assets. In May 2009, Bank of America announced its intention to terminate negotiations with respect to the loss-sharing arrangement, and in September 2009, Treasury, the Federal Reserve, the FDIC, and Bank of America entered into a termination agreement. On December 23, 2009, the Citigroup guarantee was terminated. With this termination, the AGP will result in net positive returns to the taxpayer.Funding shown for other Section 101 loans in 2010 represent placeholders for potential future programs created under the TARP. On December 9, 2009, and as authorized by EESA, the Secretary of the Treasury certified to Congress that an extension of TARP purchase authority until October 3, 2010, was necessary "to assist American families and stabilize financial markets because it will, among other things, enable us to continue to implement programs that address housing markets and the needs of small businesses, and to maintain the capacity to respond to unforeseen threats." For more details, please see the Financial Stabilization and Their Budgetary Effects chapter in Analytical Perspectives.Program and Financing(in millions of dollars)Identification code 20-0132-0-1-3762009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity40,2353,000
00.03Subsidy for Modifications of Direct Loans142
10.00Total new obligations (object class 41.0)40,3773,000
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year11
22.00New budget authority (gross)40,5733,000
23.90Total budgetary resources available for obligation40,5733,0011
23.95Total new obligations-40,377-3,000
23.98Unobligated balance expiring or withdrawn-195
24.40Unobligated balance carried forward, end of year111
New budget authority (gross), detail:
Mandatory:
60.00Appropriation40,5733,000
Change in obligated balances:
72.40Obligated balance, start of year1,8002,552
73.10Total new obligations40,3773,000
73.20Total outlays (gross)-38,577-2,248-438
74.40Obligated balance, end of year1,8002,5522,114
Outlays (gross), detail:
86.97Outlays from new mandatory authority38,5771,368
86.98Outlays from mandatory balances880438
87.00Total outlays (gross)38,5772,248438
Net budget authority and outlays:
89.00Budget authority40,5733,000
90.00Outlays38,5772,248438
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program(in millions of dollars)Identification code 20-0132-0-1-3762009 actual2010 est.2011 est.
Direct loan levels supportable by subsidy budget authority:
115001Automotive Industry Financing Program68,555
115002Term-Asset Backed Securities Loan Facility (TALF)20,00010,000
115004Legacy Securities Public-Private Investment Program4,44415,560
115005Other Section 10130,000
115999Total direct loan levels92,99955,560
Direct loan subsidy (in percent):
132001Automotive Industry Financing Program58.690.000.00
132002Term-Asset Backed Securities Loan Facility (TALF)-104.230.000.00
132004Legacy Securities Public-Private Investment Program-2.52-10.850.00
132005Other Section 1010.0010.000.00
132999Weighted average subsidy rate20.732.360.00
Direct loan subsidy budget authority:
133001Automotive Industry Financing Program40,235
133002Term-Asset Backed Securities Loan Facility (TALF)-20,846
133004Legacy Securities Public-Private Investment Program-112-1,688
133005Other Section 1013,000
133999Total subsidy budget authority19,2771,312
Direct loan subsidy outlays:
134001Automotive Industry Financing Program36,980880
134002Term-Asset Backed Securities Loan Facility (TALF)-96
134004Legacy Securities Public-Private Investment Program-1,674-22
134005Other Section 1011,368438
134999Total subsidy outlays36,884574416
Direct loan downward reestimates:
137001Automotive Industry Financing Program-15,546
137002Term-Asset Backed Securities Loan Facility (TALF)-205
137999Total downward reestimate budget authority-15,751
Guaranteed loan levels supportable by subsidy budget authority:
215001Asset Guarantee Program301,000
215999Total loan guarantee levels301,000
Guaranteed loan subsidy (in percent):
232001Asset Guarantee Program-0.250.000.00
232999Weighted average subsidy rate-0.250.000.00
Guaranteed loan subsidy budget authority:
233001Asset Guarantee Program-752
233999Total subsidy budget authority-752
Guaranteed loan subsidy outlays:
234001Asset Guarantee Program-1,027-1,418
234999Total subsidy outlays-1,027-1,418
Guaranteed loan downward reestimates:
237001Asset Guarantee Program-569
237999Total downward reestimate subsidy budget authority-569
Troubled Asset Relief Program Direct Loan Financing Account As authorized by Emergency Economic Stabilization Act of 2008 (P.L. 110-343) and 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 direct loans obligated in 2008 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. For more details, please see the Financial Stabilization and Their Budgetary Effects chapter in Analytical Perspectives.Program and Financing(in millions of dollars)Identification code 20-4277-0-3-3762009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct Loan Obligations92,99955,560
00.02Interest paid to Treasury7388,2828,587
00.03Modification savings1,589
00.91Direct Program by Activities - Subtotal (1 level)95,32663,8428,587
08.01Payment of Negative Subsidy20,9581,688
08.02Payment of downward reestimate to receipt account13,557
08.04Payment of excess interest earned to receipt account2,195
08.91Direct Program by Activities - Subtotal (1 level)20,95817,440
10.00Total new obligations116,28481,2828,587
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year8,578
22.00New financing authority (gross)116,28489,8609,942
23.90Total budgetary resources available for obligation116,28489,86018,520
23.95Total new obligations-116,284-81,282-8,587
24.40Unobligated balance carried forward, end of year8,5789,933
New financing authority (gross), detail:
Mandatory:
67.10Authority to borrow72,84077,0043,007
69.00Offsetting collections42,03612,1037,442
69.10Change in uncollected customer payments from Federal sources (unexpired)1,800753-438
69.47Portion applied to repay debt-392-69
69.90Spending authority from offsetting collections (total mandatory)43,44412,8566,935
70.00Total new financing authority (gross)116,28489,8609,942
Change in obligated balances:
72.40Obligated balance, start of year48,55059,444
73.10Total new obligations116,28481,2828,587
73.20Total financing disbursements (gross)-65,934-69,635-13,594
74.00Change in uncollected customer payments from Federal sources (unexpired)-1,800-753438
74.40Obligated balance, end of year48,55059,44454,875
Outlays (gross), detail:
87.00Total financing disbursements (gross)65,93469,63513,594
Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00Federal sources-38,577-2,247-438
88.25Interest on uninvested funds-1,057
88.40Principal-2,141-1,529-2,696
88.40Interest-246-1,025-1,958
88.40Recoveries-15-7,302-2,350
88.90Total, offsetting collections (cash)-42,036-12,103-7,442
Against gross financing authority only:
88.95Change in receivables from program accounts-1,800-753438
Net financing authority and financing disbursements:
89.00Financing authority72,44877,0042,938
90.00Financing disbursements23,89857,5326,152
Status of Direct Loans(in millions of dollars)Identification code 20-4277-0-3-3762009 actual2010 est.2011 est.
Position with respect to appropriations act limitation on obligations:
1111Limitation on direct loans
1131Direct loan obligations exempt from limitation92,99955,560
1150Total direct loan obligations92,99955,560
Cumulative balance of direct loans outstanding:
1210Outstanding, start of year60,478100,991
1231Disbursements: Direct loan disbursements63,50243,9294,985
1251Repayments: Repayments and prepayments-2,141-1,529-2,696
1263Write-offs for default: Direct loans-1,887-30,163
1264Other adjustments, net (+ or -)-883
1290Outstanding, end of year60,478100,99173,117
Balance Sheet(in millions of dollars)Identification code 20-4277-0-3-3762008 actual2009 actual
ASSETS:
1101Federal assets: Fund balances with Treasury2,756
Non-Federal assets:
1201Investments in non-Federal securities, net884
1201Investments in non-Federal securities, net1,123
Net value of assets related to post-1991 direct loans receivable:
1401Direct loans receivable, gross60,478
1405Allowance for subsidy cost (-)-27,735
1499Net present value of assets related to direct loans32,743
1999Total assets37,506
LIABILITIES:
Federal liabilities:
2104Resources payable to Treasury26,653
2105Other10,853
2999Total liabilities37,506
4999Total liabilities and net position37,506
Troubled Assets Insurance Financing Fund Guaranteed Loan Financing Account As authorized by Emergency Economic Stabilization Act of 2008 (P.L. 110-343) and 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 committed in 2008 and beyond (including modifications of loan guarantees that resulted from commitments in any year). The amounts in this account are a means of financing and are not included in the budget totals. For more details, please see the Financial Stabilization Efforts and Their Budgetary Effects chapter in Analytical Perspectives.Program and Financing(in millions of dollars)Identification code 20-4276-0-3-3762009 actual2010 est.2011 est.
Obligations by program activity:
00.02Interest on Treasury Borrowings22236215
00.03Payment of Bank of America receipt275
00.04Subsidy for Modifications of Guaranteed Loans1,418
00.91Direct Program by Activities - Subtotal (1 level)2971,654215
08.01Negative Subsidy752
08.02Payment of downward reestimate to receipt account517
08.04Payment of excess interest earned to receipt account53
08.91Direct Program by Activities - Subtotal (1 level)752570
10.00Total new obligations1,0492,224215
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year182469
22.00New financing authority (gross)1,2312,511361
23.90Total budgetary resources available for obligation1,2312,693830
23.95Total new obligations-1,049-2,224-215
24.40Unobligated balance carried forward, end of year182469615
New financing authority (gross), detail:
Mandatory:
67.10Authority to borrow7741,986
69.00Offsetting collections (cash)457525361
70.00Total new financing authority (gross)1,2312,511361
Change in obligated balances:
73.10Total new obligations1,0492,224215
73.20Total financing disbursements (gross)-1,049-2,224-215
Outlays (gross), detail:
87.00Total financing disbursements (gross)1,0492,224215
Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.25Interest on uninvested funds-6
88.40Fees-451
88.40Cash from the Sale of Warrants-525-361
88.90Total, offsetting collections (cash)-457-525-361
Net financing authority and financing disbursements:
89.00Financing authority7741,986
90.00Financing disbursements5921,699-146
Status of Guaranteed Loans(in millions of dollars)Identification code 20-4276-0-3-3762009 actual2010 est.2011 est.
Position with respect to appropriations act limitation on commitments:
2111Limitation on guaranteed loans made by private lenders
2131Guaranteed loan commitments exempt from limitation301,000
2150Total guaranteed loan commitments301,000
Cumulative balance of guaranteed loans outstanding:
2210Outstanding, start of year251,400
2231Disbursements of new guaranteed loans301,000
2251Repayments and prepayments-37,100
2264Other adjustments, net-12,500-251,400
2290Outstanding, end of year251,400
Memorandum:
2299Guaranteed amount of guaranteed loans outstanding, end of year5,000
Balance Sheet(in millions of dollars)Identification code 20-4276-0-3-3762008 actual2009 actual
ASSETS:
1101Federal assets: Fund balances with Treasury182
1201Non-Federal assets: Investments in non-Federal securities, net4,034
1999Total assets4,216
LIABILITIES:
Federal liabilities:
2103Debt774
2105Other1,173
2204Non-Federal liabilities: Liabilities for loan guarantees2,269
2999Total liabilities4,216
4999Total upward reestimate subsidy BA [20-0132]4,216
Troubled Asset Relief Program Equity Purchase Program As authorized by Emergency Economic Stabilization Act of 2008 (P.L. 110-343) and required by the Federal Credit Reform Act of 1990, as amended, this account records the subsidy costs associated with the equity purchase obligations committed in 2008 and beyond (including modifications of equity purchases that resulted from obligations in any year). The subsidy amounts are estimated on a present value basis. The equity purchase programs serviced by this account include the Capital Purchase Program (CPP), American International Group Investment Program. (AIGP), Targeted Investment Program (TIP), Automotive Industry Financing Program (AIFP), and Public-Private Investment Program (PPIP). The purpose of the CPP is to stabilize the financial system by building the capital base of healthy, viable U.S. financial institutions, which in turn will increase the capacity of those institutions to lend to businesses and consumers and support the economy. The AIGP is intended to provide stability and prevent disruptions to financial markets from the failure of a systemically significant institution. The AIFP was developed to prevent a significant disruption of the American automotive industry, which would pose a systemic risk to financial market stability and have a negative effect on the economy of the United States. The PPIP was developed to improve the condition of financial institutions by facilitating the removal of legacy assets from their balance sheets. For more details, please see the Financial Stabilization and Their Budgetary Effects chapter in Analytical Perspectives.Program and Financing(in millions of dollars)Identification code 20-0134-0-1-3762009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct Loan Subsidy140,4223,129
00.03Subsidy Modification1,9991,498
10.00Total new obligations (object class 33.0)142,4214,627
Budgetary resources available for obligation:
22.00New budget authority (gross)151,9554,627
23.95Total new obligations-142,421-4,627
23.98Unobligated balance expiring or withdrawn-9,534
24.40Unobligated balance carried forward, end of year
New budget authority (gross), detail:
Mandatory:
60.00Appropriation151,9554,627
Change in obligated balances:
72.40Obligated balance, start of year27,128606
73.10Total new obligations142,4214,627
73.20Total outlays (gross)-115,293-31,149-59
74.40Obligated balance, end of year27,128606547
Outlays (gross), detail:
86.97Outlays from new mandatory authority115,2934,439
86.98Outlays from mandatory balances26,71059
87.00Total outlays (gross)115,29331,14959
Net budget authority and outlays:
89.00Budget authority151,9554,627
90.00Outlays115,29331,14959
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program(in millions of dollars)Identification code 20-0134-0-1-3762009 actual2010 est.2011 est.
Direct loan levels supportable by subsidy budget authority:
115001Capital Purchase Program204,6183,382
115002AIG Investments69,835
115003Targeted Investment Program40,000
115004Automotive Industry Financing Program (Equity)12,5003,790
115005Legacy Securities Public-Private Investment Program2,2227,780
115999Total direct loan levels329,17514,952
Direct loan subsidy (in percent):
132001Capital Purchase Program27.135.770.00
132002AIG Investments82.740.000.00
132003Targeted Investment Program48.850.000.00
132004Automotive Industry Financing Program (Equity)54.5230.250.00
132005Legacy Securities Public-Private Investment Program34.6222.970.00
132999Weighted average subsidy rate42.6620.920.00
Direct loan subsidy budget authority:
133001Capital Purchase Program55,514195
133002AIG Investments57,783
133003Targeted Investment Program19,540
133004Automotive Industry Financing Program (Equity)6,8151,146
133005Legacy Securities Public-Private Investment Program7691,787
133999Total subsidy budget authority140,4213,128
Direct loan subsidy outlays:
134001Capital Purchase Program57,386195
134002AIG Investments31,55226,357
134003Targeted Investment Program19,540
134004Automotive Industry Financing Program (Equity)6,8152,645
134005Legacy Securities Public-Private Investment Program1,95259
134999Total subsidy outlays115,29331,14959
Direct loan downward reestimates:
137001Capital Purchase Program-61,261
137002AIG Investments-9,762
137003Targeted Investment Program-23,623
137004Automotive Industry Financing Program (Equity)-3,565
137999Total downward reestimate budget authority-98,211
Troubled Asset Relief Program Equity Purchase Financing Account As authorized by Emergency Economic Stabilization Act of 2008 (P.L. 110-343) and 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 equity purchases obligated in 2008 and beyond (including modifications of equity purchases 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. For more details, please see the Financial Stabilization and Their Budgetary Effects chapter in Analytical Perspectives.Program and Financing(in millions of dollars)Identification code 20-4278-0-3-3762009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity329,17514,952
00.02Interest on Treasury Borrowing5,67615,27511,762
00.91Subtotal Direct Program by Activities334,85130,22711,762
08.02Downward reestimates paid to receipt accounts90,600
08.04Interest on downward reestimates7,612
08.91Subtotal Reestimate Activities98,212
10.00Total new obligations334,851128,43911,762
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year8,76225,070
22.00New financing authority (gross)343,613144,74718,215
23.90Total budgetary resources available for obligation343,613153,50943,285
23.95Total new obligations-334,851-128,439-11,762
24.40Unobligated balance carried forward, end of year8,76225,07031,523
New financing authority (gross), detail:
Mandatory:
67.10Authority to borrow187,77332,9181,040
69.00Offsetting collections (cash)200,579154,70227,147
69.10Change in uncollected customer payments from Federal sources (unexpired)27,127-26,523-59
69.47Portion applied to repay debt-71,866-16,350-9,913
69.90Spending authority from offsetting collections (total mandatory)155,840111,82917,175
70.00Total new financing authority (gross)343,613144,74718,215
Change in obligated balances:
72.40Obligated balance, start of year1,7251,416
73.10Total new obligations334,851128,43911,762
73.20Total financing disbursements (gross)-305,999-155,271-11,945
74.00Change in uncollected customer payments from Federal sources (unexpired)-27,12726,52359
74.40Obligated balance, end of year1,7251,4161,292
Outlays (gross), detail:
87.00Total financing disbursements (gross)305,999155,27111,945
Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00Federal sources-115,293-31,150-59
88.25Interest on uninvested funds-2,585
88.40Dividends-9,083-7,063-5,866
88.40Warrants-2,901-16,050-11,308
88.40Redemption-70,717-100,439-9,914
88.90Total, offsetting collections (cash)-200,579-154,702-27,147
Against gross financing authority only:
88.95Change in receivables from program accounts-27,12726,52359
Net financing authority and financing disbursements:
89.00Financing authority115,90716,568-8,873
90.00Financing disbursements105,420569-15,202
Status of Direct Loans(in millions of dollars)Identification code 20-4278-0-3-3762009 actual2010 est.2011 est.
Position with respect to appropriations act limitation on obligations:
1111Limitation on direct loans
1131Direct loan obligations exempt from limitation329,17514,952
1150Total direct loan obligations329,17514,952
Cumulative balance of direct loans outstanding:
1210Outstanding, start of year229,606170,951
1231Disbursements: Direct loan disbursements300,32341,784183
1251Repayments: Repayments and prepayments-70,717-100,439-9,914
1263Write-offs for default: Direct loans-75
1290Outstanding, end of year229,606170,951161,145
Balance Sheet(in millions of dollars)Identification code 20-4278-0-3-3762008 actual2009 actual
ASSETS:
1101Federal assets: Fund balances with Treasury10,487
Net value of assets related to post-1991 direct loans receivable:
1401Direct loans receivable, gross204,606
1401Direct loans receivable, gross25,000
1405Allowance for subsidy cost (-)-12,648
1405Allowance for subsidy cost (-)-13,817
1499Net present value of assets related to direct loans203,141
1999Total assets213,628
LIABILITIES:
Federal liabilities:
2103Debt115,907
2105Other97,721
2999Total liabilities213,628
4999Total Liabilities and Net Position[20-0134]213,628
Troubled Asset Relief Program, Home Affordable Modification Program The Housing Affordable Modification Program (HAMP) was launched in March 2009 under the authorithy of Sections 101 and 109 of the Emergency Economic Stabilization Act of 2008 (P.L. 110-343). The program offers assistance to as many as 3 to 4 million homeowners making a good-faith effort to stay current on their mortgage payments, while attempting to prevent the destructive impact of foreclosures on families and communities. As of November 30, 2009, 78 mortgage servicers signed up to participate in the HAMP, over one million trial modifications have been extended to borrowers, and over 725,000 trial modifications were underway. For more details, please see the Financial Stabilization Efforts and their Budgetary Effects Chapter in Analytical Perspectives.Program and Financing(in millions of dollars)Identification code 20-0136-0-1-6042009 actual2010 est.2011 est.
Obligations by program activity:
00.01Home Affordable Modification Program27,06621,690
10.00Total new obligations (object class 33.0)27,06621,690
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year18,395
22.00New budget authority (gross)45,4613,295
23.90Total budgetary resources available for obligation45,46121,690
23.95Total new obligations-27,066-21,690
24.40Unobligated balance carried forward, end of year18,395
New budget authority (gross), detail:
Mandatory:
60.00Appropriation45,4613,295
Change in obligated balances:
72.40Obligated balance, start of year27,06537,633
73.10Total new obligations27,06621,690
73.20Total outlays (gross)-1-11,122-10,259
74.40Obligated balance, end of year27,06537,63327,374
Outlays (gross), detail:
86.97Outlays from new mandatory authority1
86.98Outlays from mandatory balances11,12210,259
87.00Total outlays (gross)111,12210,259
Net budget authority and outlays:
89.00Budget authority45,4613,295
90.00Outlays111,12210,259
Special Inspector General for the Troubled Asset Relief Program special inspector general for the troubled asset relief programsalaries and expensesFor necessary expenses of the Office of the Special Inspector General in carrying out the provisions of the Emergency Economic Stabilization Act of 2008 (Public Law 110-343), as amended, $23,300,000 $49,600,000. (Department of the Treasury Appropriations Act, 2010.) The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) was created by the Emergency Economic Stabilization Act of 2008 (EESA). SIGTARP has the duty to conduct, supervise, and coordinate audits and investigations of all activities under the Troubled Asset Relief Program (TARP). SIGTARP's mission is to advance the goal of economic stability through transparency, coordinated oversight, and robust enforcement of TARP funding, thereby being a voice for, and protecting the interests of, those who fund the TARP programs --- the American taxpayers.In 2011, SIGTARP will continue to design and conduct programmatic audits of Treasury's TARP operations, as well as recipients' compliance with their obligations under relevant law and contract. SIGTARP will also continue to conduct and supervise criminal and civil investigations into any parties suspected of TARP-related fraud, waste, or abuse. Program and Financing(in millions of dollars)Identification code 20-0133-0-1-3762009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity205855
10.00Total new obligations205855
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year4510
22.00New budget authority (gross)652350
23.90Total budgetary resources available for obligation656860
23.95Total new obligations-20-58-55
24.40Unobligated balance carried forward, end of year45105
New budget authority (gross), detail:
Discretionary:
40.00Appropriation2350
Mandatory:
60.00Appropriation65
70.00Total new budget authority (gross)652350
Change in obligated balances:
72.40Obligated balance, start of year811
73.10Total new obligations205855
73.20Total outlays (gross)-12-55-56
74.40Obligated balance, end of year81110
Outlays (gross), detail:
86.90Outlays from new discretionary authority1840
86.93Outlays from discretionary balances5
86.97Outlays from new mandatory authority12
86.98Outlays from mandatory balances3711
87.00Total outlays (gross)125556
Net budget authority and outlays:
89.00Budget authority652350
90.00Outlays125556
Object Classification(in millions of dollars)Identification code 20-0133-0-1-3762009 actual2010 est.2011 est.
Direct obligations:
Personnel compensation:
11.1Full-time permanent31618
11.3Other than full-time permanent1
11.5Other personnel compensation23
11.9Total personnel compensation41821
12.1Civilian personnel benefits157
21.0Travel and transportation of persons44
23.1Rental payments to GSA32
23.3Communications, utilities, and miscellaneous charges21
25.1Advisory and assistance services697
25.2Other services32
25.3Other purchases of goods and services from Government accounts9108
31.0Equipment43
99.9Total new obligations205855
Employment SummaryIdentification code 20-0133-0-1-3762009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment29133160
GSE Preferred Stock Purchase Agreements Section 1117 of the Housing and Economic Recovery Act of 2008 (P.L. 110-289) provides temporary authority for the Secretary of the Treasury to purchase obligations and other securities issued by three housing related Government- sponsored enterprises (GSEs): Fannie Mae, Freddie Mac and the Federal Home Loan Banks (FHLBs). Under this authority, in 2008 Treasury entered into agreements with Fannie Mae and Freddie Mac to make investments of up to $100 billion in senior preferred stock in each GSE in order to ensure that each company maintains a positive net worth. These Senior Preferred Stock Purchase Agreements (PSPAs) ensure that Fannie Mae and Freddie Mac will remain viable entities critical to the functioning of the housing and mortgage markets, thereby promoting mortgage affordability by providing additional confidence to investors in GSE mortgage-backed securities. In May 2009, Treasury increased the PSPA funding commitments to allow investments of up to $200 billion in each GSE and on December 24, 2009, Treasury announced that the PSPAs would be further modified to allow for additional funding in the event that cumulative losses at either enterprise exceed $200 billion before December 31, 2012. As of December 31, 2009, Treasury had made payments of $110.6 billion under the PSPAs and received $6.8 billion in scheduled dividend payments. Program and Financing(in millions of dollars)Identification code 20-0125-0-1-3712009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity95,60069,00023,000
10.00Total new obligations (object class 33.0)95,60069,00023,000
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year304,400235,400
21.45Adjustments to unobligated balance carried forward, start of year200,000
22.00New budget authority (gross)200,000
23.90Total budgetary resources available for obligation400,000304,400235,400
23.95Total new obligations-95,600-69,000-23,000
24.40Unobligated balance carried forward, end of year304,400235,400212,400
New budget authority (gross), detail:
Mandatory:
60.00Appropriation200,000
Change in obligated balances:
73.10Total new obligations95,60069,00023,000
73.20Total outlays (gross)-95,600-69,000-23,000
Outlays (gross), detail:
86.97Outlays from new mandatory authority95,600
86.98Outlays from mandatory balances69,00023,000
87.00Total outlays (gross)95,60069,00023,000
Net budget authority and outlays:
89.00Budget authority200,000
90.00Outlays95,60069,00023,000
GSE Mortgage-Backed Securities Purchase Program Account In September 2008, Treasury initiated a temporary program to purchase mortgage-backed securites (MBS) issued by Fannie Mae and Freddie Mac, which carry the GSEs standard guarantee against default. The purpose of the program was to promote liquidity in the mortgage market and, thereby, affordable homeownership by stabilizing the interest rate spreads between mortgage rates and Treasury issuances. Treasury purchased $225 billion in MBS through December 31, 2009. In December 2009, Treasury initiated two additional purchase programs to support state and local Housing Financing Agencies (HFAs). The Temporary Credit and Liquidiy Program (TCLP) will provide HFAs with credit and liquidity facilities supporting up to $8.2 billion in existing HFA bonds, temporally replacing private market facilities that are expiring or imposing unusually high costs to the HFAs due to current market conditions. Under the New Issuance Bond Program (NIBP) Treasury will purchase up to $15.3 billion in securities of Fannie Mae and Freddie Mac backed by new HFA housing bonds, supporting up to several hundred thousand new affordable mortgages and tens of thousands of new affordable rental housing units for working families. The authority for all of the programs displayed in this account was provided in Section 1117 of the Housing and Economic Recovery Act of 2008 (P.L. 110-289) and expired on December 31, 2009.As required by the Federal Credit Reform Act of 1990, this account records, the subsidy costs associated with the GSE MBS and State HFA purchase programs, which are treated as direct loans for budget execution. The subsidy amounts are estimated on a present value basis. Program and Financing(in millions of dollars)Identification code 20-0126-0-1-3712009 actual2010 est.2011 est.
Obligations by program activity:
00.10Financial Agent Services123625
10.00Total new obligations (object class 25.1)123625
Budgetary resources available for obligation:
22.00New budget authority (gross)193625
23.95Total new obligations-12-36-25
23.98Unobligated balance expiring or withdrawn-8
New budget authority (gross), detail:
Mandatory:
62.00Transferred from other accounts193625
Change in obligated balances:
73.10Total new obligations123625
73.20Total outlays (gross)-12-36-25
Outlays (gross), detail:
86.97Outlays from new mandatory authority123625
Net budget authority and outlays:
89.00Budget authority193625
90.00Outlays123625
Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program(in millions of dollars)Identification code 20-0126-0-1-3712009 actual2010 est.2011 est.
Direct loan levels supportable by subsidy budget authority:
115001GSE MBS Purchases190,57429,878
115002New Issue Bond Program SF12,433
115003New Issue Bond Program MF2,876
115004Temporary Credit and Liquidity Program SF6,996
115005Temporary Credit and Liquidity Program MF1,214
115999Total direct loan levels190,57453,397
Direct loan subsidy (in percent):
132001GSE MBS Purchases-2.36-3.730.00
132002New Issue Bond Program SF0.00-0.050.00
132003New Issue Bond Program MF0.00-2.550.00
132004Temporary Credit and Liquidity Program SF0.00-7.340.00
132005Temporary Credit and Liquidity Program MF0.00-6.860.00
132999Weighted average subsidy rate-2.36-3.350.00
Direct loan subsidy budget authority:
133001GSE MBS Purchases-4,498-1,114
133002New Issue Bond Program SF-6
133003New Issue Bond Program MF-73
133004Temporary Credit and Liquidity Program SF-514
133005Temporary Credit and Liquidity Program MF-83
133999Total subsidy budget authority-4,498-1,791
Direct loan subsidy outlays:
134001GSE MBS Purchases-4,500-1,114
134002New Issue Bond Program SF-3
134003New Issue Bond Program MF-21
134004Temporary Credit and Liquidity Program SF-283
134005Temporary Credit and Liquidity Program MF-67
134999Total subsidy outlays-4,500-1,488
Direct loan downward reestimates:
137001GSE MBS Purchases-8,391
137999Total downward reestimate budget authority-8,391
GSE Mortgage-Backed Securities Purchase Direct Loan Financing Account 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 GSE MBS Purchase Program purchases. The amounts in the account are a means of financing and are not included in the budget totals.Program and Financing(in millions of dollars)Identification code 20-4272-0-3-3712009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity190,57429,878
00.02Interest paid to Treasury5,56913,1226,512
00.91Subtotal Direct Program by Activities196,14343,0006,512
08.01Payment of subsidy to receipt account4,4981,114
08.02Downward reestimate8,165
08.04Interest on downward reestimate226
08.91Subtotal Reestimate Activities4,4989,505
10.00Total new obligations200,64152,5056,512
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year33532,884
22.00New financing authority (gross)233,19073,0776,512
22.60Portion applied to repay debt-53,456
23.90Total budgetary resources available for obligation233,52552,5056,512
23.95Total new obligations-200,641-52,505-6,512
24.40Unobligated balance carried forward, end of year32,884
New financing authority (gross), detail:
Mandatory:
67.10Authority to borrow203,50173,077
69.00Offsetting collections (cash)29,68949,10342,481
69.47Portion applied to repay debt-49,103-35,969
69.90Spending authority from offsetting collections (total mandatory)29,6896,512
70.00Total new financing authority (gross)233,19073,0776,512
Change in obligated balances:
72.40Obligated balance, start of year65
73.10Total new obligations200,64152,5056,512
73.20Total financing disbursements (gross)-200,642-52,510-6,512
74.40Obligated balance, end of year5
Outlays (gross), detail:
87.00Total financing disbursements (gross)200,64252,5106,512
Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.25Interest on uninvested funds-2,450-2,337
88.40Non-Federal sources- Interest-5,001-6,821-10,404
88.40Non-Federal sources - Principal-22,238-39,945-32,077
88.90Total, offsetting collections (cash)-29,689-49,103-42,481
Net financing authority and financing disbursements:
89.00Financing authority203,50123,974-35,969
90.00Financing disbursements170,9533,407-35,969
Status of Direct Loans(in millions of dollars)Identification code 20-4272-0-3-3712009 actual2010 est.2011 est.
Position with respect to appropriations act limitation on obligations:
1111Limitation on direct loans
1131Direct loan obligations exempt from limitation190,57429,878
1150Total direct loan obligations190,57429,878
Cumulative balance of direct loans outstanding:
1210Outstanding, start of year3,311185,696175,629
1231Disbursements: Direct loan disbursements190,57429,878
1251Repayments: Repayments and prepayments-8,189-39,945-32,077
1290Outstanding, end of year185,696175,629143,552
Balance Sheet(in millions of dollars)Identification code 20-4272-0-3-3712008 actual2009 actual
ASSETS:
1101Federal assets: Fund balances with Treasury34132,889
1207Non-Federal assets: Advances and prepayments1,689
Net value of assets related to post-1991 direct loans receivable:
1401Direct loans receivable, gross3,311185,696
1405Allowance for subsidy cost (-)7411,093
1499Net present value of assets related to direct loans3,385196,789
1999Total assets5,415229,678
LIABILITIES:
2103Federal liabilities: Debt5,415229,678
2999Total liabilities5,415229,678
NET POSITION:
3999Total net position
4999Total liabilities and net position5,415229,678
State HFA Direct Loan Financing Account 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 the Treasury state HFA programs. The amounts in the account are a means of financing and are not included in the budget totals.Program and Financing(in millions of dollars)Identification code 20-4298-0-3-3712009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct Loan Obligations23,519
00.02Interest paid to Treasury617
00.91Direct Program by Activities - Subtotal (1 level)24,136
08.01Payment of subsidy to receipt account676
10.00Total new obligations24,812
Budgetary resources available for obligation:
22.00New financing authority (gross)30,736
22.60Portion applied to repay debt-5,924
23.90Total budgetary resources available for obligation24,812
23.95Total new obligations-24,812
24.40Unobligated balance carried forward, end of year
New financing authority (gross), detail:
Mandatory:
67.10Authority to borrow30,736
69.00Offsetting collections (cash)1,5331,810
69.47Portion applied to repay debt-1,533-1,810
69.90Spending authority from offsetting collections (total mandatory)
70.00Total new financing authority (gross)30,736
Change in obligated balances:
73.10Total new obligations24,812
73.20Total financing disbursements (gross)-24,812
74.40Obligated balance, end of year
Outlays (gross), detail:
87.00Total financing disbursements (gross)24,812
Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.40Non-Federal sources - Interest-197-503
88.40Non-Federal sources - Principal-722-1,268
88.40Non-Federal sources - Other-614-39
88.90Total, offsetting collections (cash)-1,533-1,810
Net financing authority and financing disbursements:
89.00Financing authority29,203-1,810
90.00Financing disbursements23,279-1,810
Status of Direct Loans(in millions of dollars)Identification code 20-4298-0-3-3712009 actual2010 est.2011 est.
Position with respect to appropriations act limitation on obligations:
1111Limitation on direct loans
1131Direct loan obligations exempt from limitation23,519
1150Total direct loan obligations23,519
Cumulative balance of direct loans outstanding:
1210Outstanding, start of year18,076
1231Disbursements: Direct loan disbursements18,798
1251Repayments: Repayments and prepayments-722-1,268
1290Outstanding, end of year18,07616,808
Government Sponsored Enterprise Credit Facility Direct Loan Financing Account Capital Magnet Fund, Community Develpment Financial Institutions The Housing and Economic Recovery Act (HERA) of 2008 (P.L. 110-289) established the Capital Magnet Fund (CMF) to assist Community Development Financial Institutions (CDFIs) and other non-profits expand financing for the development, rehabilitation and purchase of affordable housing and economic development projects in distressed communities. As authorized in HERA, CMF was to receive funding via a set-aside from Government Sponsored Enterprises; however contributions have been suspended indefinitely. The amounts in this account are transferred from the CDFI Fund program account. In FY 2011, the Administration will undertake a careful evaluation of the impact of FY 2010 funding, and future resource commitments will be informed by this analysis. Special and Trust Fund Receipts(in millions of dollars)Identification code 20-8524-0-7-4512009 actual2010 est.2011 est.
01.00Balance, start of year
01.99Balance, start of year
Receipts:
02.40Payment from the Community Development Financial Institutions Fund80
04.00Total: Balances and collections80
Appropriations:
05.00Capital Magnet Fund, Community Develpment Financial Institutions-80
07.99Balance, end of year
Program and Financing(in millions of dollars)Identification code 20-8524-0-7-4512009 actual2010 est.2011 est.
Obligations by program activity:
00.01Capital Magnet Fund80
10.00Total new obligations (object class 41.0)80
Budgetary resources available for obligation:
22.00New budget authority (gross)80
23.95Total new obligations-80
New budget authority (gross), detail:
Discretionary:
40.26Appropriation (trust fund)80
Change in obligated balances:
72.40Obligated balance, start of year40
73.10Total new obligations80
73.20Total outlays (gross)-40-40
74.40Obligated balance, end of year40
Outlays (gross), detail:
86.90Outlays from new discretionary authority40
86.93Outlays from discretionary balances40
87.00Total outlays (gross)4040
Net budget authority and outlays:
89.00Budget authority80
90.00Outlays4040
Program and Financing(in millions of dollars)Identification code 20-8790-0-7-8032009 actual2010 est.2011 est.
Net budget authority and outlays:
89.00Budget authority
90.00Outlays
Memorandum (non-add) entries:
92.01Total investments, start of year: Federal securities: Par value11
92.02Total investments, end of year: Federal securities: Par value1
Financial Crimes Enforcement Network salaries and expensesFor necessary expenses of the Financial Crimes Enforcement Network, including hire of passenger motor vehicles; travel and training expenses, including for course development, of non-Federal and foreign government personnel to attend meetings and training concerned with domestic and foreign financial intelligence activities, law enforcement, and financial regulation; not to exceed $14,000 for official reception and representation expenses; and for assistance to Federal law enforcement agencies, with or without reimbursement, $111,010,000 $100,419,000, of which not to exceed $26,085,000 shall remain available until September 30, 2012 2013; and of which $9,316,000 $9,268,000 shall remain available until September 30, 2011 2012: Provided, That funds appropriated in this account may be used to procure personal services contracts. (Department of the Treasury Appropriations Act, 2010.) The mission of the Financial Crimes Enforcement Network (FinCEN) is to enhance U.S. national security, deter and detect criminal activity, and safeguard financial systems from abuse by promoting transparency in the U.S. and international financial systems. FinCEN fulfills its mission, goals and priorities by: administering the Bank Secrecy Act (BSA); supporting law enforcement, regulatory, and intelligence agencies through sharing and analysis of financial intelligence; enhancing international anti-money laundering and counter-terrorist financing efforts and cooperation; and networking people, entities, ideas, and information.BSA Administration and AnalysisThe Budget provides resources for FinCEN to better administer the BSA, including promulgating regulations, providing outreach and issuing guidance to the regulated industries, providing oversight of BSA compliance, and initiating enforcement actions. Resources also support the continued modernization of FinCEN's data collection systems and analytic activities associated with BSA information. This modernization will provide law enforcement and financial industry regulators with better decision-making capabilities and improve government-wide efforts to detect criminal activity, including tax and financial fraud. Regulatory Support ProgramsFinCEN will continue efforts with the IRS, especially related to the money services business industry to ensure compliance, respond to public inquiries, distribute forms and publications, and support collection and maintenance of BSA information.Program and Financing(in millions of dollars)Identification code 20-0173-0-1-7512009 actual2010 est.2011 est.
Obligations by program activity:
00.01BSA administration and Analysis7710291
00.02Regulatory support programs, including money services businesses999
09.01Reimbursable program72020
10.00Total new obligations93131120
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year142020
22.00New budget authority (gross)98131120
22.10Resources available from recoveries of prior year obligations1
23.90Total budgetary resources available for obligation113151140
23.95Total new obligations-93-131-120
24.40Unobligated balance carried forward, end of year202020
New budget authority (gross), detail:
Discretionary:
40.00Appropriation91111100
Spending authority from offsetting collections:
58.00Offsetting collections (cash)32020
58.10Change in uncollected customer payments from Federal sources (unexpired)4
58.90Spending authority from offsetting collections (total discretionary)72020
70.00Total new budget authority (gross)98131120
Change in obligated balances:
72.40Obligated balance, start of year10914
73.10Total new obligations93131120
73.20Total outlays (gross)-100-126-123
73.40Adjustments in expired accounts (net)8
73.45Recoveries of prior year obligations-1
74.00Change in uncollected customer payments from Federal sources (unexpired)-4
74.10Change in uncollected customer payments from Federal sources (expired)3
74.40Obligated balance, end of year91411
Outlays (gross), detail:
86.90Outlays from new discretionary authority7510395
86.93Outlays from discretionary balances252328
87.00Total outlays (gross)100126123
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00Federal sources-6-20-20
88.40Non-Federal sources-9
88.90Total, offsetting collections (cash)-15-20-20
Against gross budget authority only:
88.95Change in uncollected customer payments from Federal sources (unexpired)-4
88.96Portion of offsetting collections (cash) credited to expired accounts12
Net budget authority and outlays:
89.00Budget authority91111100
90.00Outlays85106103
Object Classification(in millions of dollars)Identification code 20-0173-0-1-7512009 actual2010 est.2011 est.
Direct obligations:
Personnel compensation:
11.1Full-time permanent323537
11.5Other personnel compensation111
11.9Total personnel compensation333638
12.1Civilian personnel benefits999
21.0Travel and transportation of persons111
23.1Rental payments to GSA555
23.3Communications, utilities, and miscellaneous charges111
24.0Printing and reproduction111
25.1Advisory and assistance services422
25.2Other services81511
25.3Other purchases of goods and services from Government accounts141414
25.4Operation and maintenance of facilities11
25.7Operation and maintenance of equipment755
26.0Supplies and materials111
31.0Equipment22011
99.0Direct obligations86111100
99.0Reimbursable obligations72020
99.9Total new obligations93131120
Employment SummaryIdentification code 20-0173-0-1-7512009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment311331327
Reimbursable:
2001Civilian full-time equivalent employment211
Interagency Law Enforcement Interagency Crime and Drug Enforcement Financial Management Service salaries and expensesFor necessary expenses of the Financial Management Service, $244,132,000 $235,253,000 of which not to exceed $9,220,000 shall remain available until September 30, 2012 2013, for information systems modernization initiatives; and of which not to exceed $2,500 shall be available for official reception and representation expenses. (Department of the Treasury Appropriations Act, 2010.) For the 2011 Budget, the Financial Management Service (FMS) will focus its efforts on the following four areas:FMS develops and 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. This includes controlling and providing financial integrity to the Federal payments and collections process through reconciliation, accounting, and claims activities. The claims activities settle claims against the United States resulting from Government checks which have been forged, lost, stolen, or destroyed, and collects monies from those parties liable for fraudulent or otherwise improper negotiation of Government checks. FMS will continue to explore ways to increase the use of electronic payments.WORKLOAD STATISTICS(Thousands)2009 actual2010 est.2011 est.
Number of check claims submitted1,2191,2001,200
Number of check payments196,686201,380186,442
Number of electronic payments827,643831,828867,215
FMS implements collections policy, regulations, standards, and procedures for the Federal Government, facilitates collections, promotes the use of information technology in the collections process, and assists agencies in converting collections from paper to electronic media. FMS provides debt collection operational services to Federal Program Agencies that include collection of delinquent accounts, child support debt, offsets of Federal payments against debts owed to the Government, post-judgment enforcement, consolidation of information reported to credit bureaus, reporting for discharged debts or vendor payments, and disposition of foreclosed property. The Budget includes several debt collection legislative proposals that will improve the Government's ability to collect delinquent debt owed by Federal contractors who have not paid their taxes; parents who have not paid their child support; and individuals who are delinquent on State income taxes. The Budget also improves the application of the fee that FMS charges to cover the costs associated with collecting delinquent debt. 4. Government-wide Accounting and ReportingFMS provides financial accounting, reporting, and financing services to the Federal Government and the Government's agents who participate in the payments and collections process by generating a series of daily, monthly, quarterly and annual Government-wide reports. FMS also works directly with agencies to help reconcile reporting differences. Special and Trust Fund Receipts(in millions of dollars)Identification code 20-1801-0-1-8032009 actual2010 est.2011 est.
01.00Balance, start of year4
01.99Balance, start of year4
Receipts:
02.20Debt Collection936767
02.21Debt Collection - legislative proposal subject to PAYGO30
02.99Total receipts and collections936797
04.00Total: Balances and collections9367101
Appropriations:
05.00Salaries and Expenses-93-63-63
05.01Salaries and Expenses - legislative proposal subject to PAYGO-30
05.99Total appropriations-93-63-93
07.99Balance, end of year48
Program and Financing(in millions of dollars)Identification code 20-1801-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.05Payments143150143
00.06Collections242221
00.07Debt collection586363
00.08Government-wide accounting and reporting747271
00.09Payments, Tax Stimulus1
09.01Reimbursable program170172152
10.00Total new obligations470479450
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year989783
22.00New budget authority (gross)477479450
22.10Resources available from recoveries of prior year obligations1
22.21Unobligated balance transferred to other accounts-8
22.30Expired unobligated balance transfer to unexpired account1
23.90Total budgetary resources available for obligation569576533
23.95Total new obligations-470-479-450
23.98Unobligated balance expiring or withdrawn-2-14
24.40Unobligated balance carried forward, end of year978383
24.51Expired unobligated balance carried forward, start of year (special and trust funds)2
24.52Expired unobligated balance carried forward, end of year (special and trust funds)3
New budget authority (gross), detail:
Discretionary:
40.00Appropriation240244235
Spending authority from offsetting collections:
58.00Offsetting collections (cash)142172152
58.10Change in uncollected customer payments from Federal sources (unexpired)28
58.90Spending authority from offsetting collections (total discretionary)170172152
Mandatory:
60.20Appropriation (special fund)936363
60.36Unobligated balance permanently reduced-26
62.50Appropriation (total mandatory)676363
70.00Total new budget authority (gross)477479450
Change in obligated balances:
72.40Obligated balance, start of year645852
73.10Total new obligations470479450
73.20Total outlays (gross)-462-485-448
73.40Adjustments in expired accounts (net)-10
73.45Recoveries of prior year obligations-1
74.00Change in uncollected customer payments from Federal sources (unexpired)-28
74.10Change in uncollected customer payments from Federal sources (expired)25
74.40Obligated balance, end of year585254
Outlays (gross), detail:
86.90Outlays from new discretionary authority356382354
86.93Outlays from discretionary balances553435
86.97Outlays from new mandatory authority152
86.98Outlays from mandatory balances506457
87.00Total outlays (gross)462485448
Offsets:
Against gross budget authority and outlays:
88.00Offsetting collections (cash) from: Federal sources-162-172-152
Against gross budget authority only:
88.95Change in uncollected customer payments from Federal sources (unexpired)-28
88.96Portion of offsetting collections (cash) credited to expired accounts20
Net budget authority and outlays:
89.00Budget authority307307298
90.00Outlays300313296
Summary of Budget Authority and Outlays(in millions of dollars)2009 actual2010 est.2011 est.
Enacted/requested:
Budget Authority307307298
Outlays300313296
Legislative proposal, not subject to PAYGO:
Budget Authority
Outlays
Legislative proposal, subject to PAYGO:
Budget Authority30
Outlays30
|
Total:
Budget Authority307307328
Outlays300313326
Object Classification(in millions of dollars)Identification code 20-1801-0-1-8032009 actual2010 est.2011 est.
Direct obligations:
Personnel compensation:
11.1Full-time permanent141145139
11.3Other than full-time permanent233
11.5Other personnel compensation465
11.8Special personal services payments444
11.9Total personnel compensation151158151
12.1Civilian personnel benefits373937
13.0Benefits for former personnel2
21.0Travel and transportation of persons223
23.1Rental payments to GSA151516
23.2Rental payments to others111
23.3Communications, utilities, and miscellaneous charges131313
24.0Printing and reproduction111
25.1Advisory and assistance services888
25.2Other services313131
25.3Other purchases of goods and services from Government accounts644
25.4Operation and maintenance of facilities111
25.7Operation and maintenance of equipment141414
26.0Supplies and materials655
31.0Equipment131212
32.0Land and structures211
99.0Direct obligations301307298
99.0Reimbursable obligations169172152
99.9Total new obligations470479450
Employment SummaryIdentification code 20-1801-0-1-8032009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment1,6291,6981,566
Reimbursable:
2001Civilian full-time equivalent employment268285269
Legislative proposal, not subject to PAYGO Under current law, when the Financial Management Service (FMS) levies a payment to collect a delinquent tax debt referred by the Internal Revenue Service (IRS), the IRS pays a fee out of its annual appropriation to FMS to process the transaction. The Budget proposes to instead have the debtor pay the transaction costs in addition to their original debt. This would allow the IRS to refer all appropriate tax debts for offset, maximize revenue, and shift the cost of enforcement to delinquent debtors. These schedules reflect the elimination of discretionary spending and collections as a result of this proposal. Program and Financing(in millions of dollars)Identification code 20-1801-2-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
09.01Reimbursable program-30
10.00Total new obligations (object class 11.5)-30
Budgetary resources available for obligation:
22.00New budget authority (gross)-30
23.95Total new obligations30
New budget authority (gross), detail:
Discretionary:
58.00Spending authority from offsetting collections: Offsetting collections (cash)-30
Change in obligated balances:
73.10Total new obligations-30
73.20Total outlays (gross)30
Outlays (gross), detail:
86.90Outlays from new discretionary authority-30
Offsets:
Against gross budget authority and outlays:
88.00Offsetting collections (cash) from: Federal sources30
Net budget authority and outlays:
89.00Budget authority
90.00Outlays
Object Classification(in millions of dollars)Identification code 20-1801-2-1-8032009 actual2010 est.2011 est.
99.0Reimbursable obligations-30
Employment SummaryIdentification code 20-1801-2-1-8032009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment1
Reimbursable:
2001Civilian full-time equivalent employment1
Legislative proposal, subject to PAYGO Under current law, when the Financial Management Service (FMS) levies a payment to collect a delinquent tax debt referred by the Internal Revenue Service (IRS), the IRS pays a fee out of its annual appropriation to FMS to process the transaction. The Budget proposes to instead have the debtor pay the transaction costs in addition to their original debt. This would allow the IRS to refer all appropriate tax debts for offset, maximize revenue, and shift the cost of enforcement to delinquent debtors. These schedules reflect an increase in mandatory spending as a result of this proposal. This additional spending is paid for by additional collections, resulting in a net deficit impact of zero.Program and Financing(in millions of dollars)Identification code 20-1801-4-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.07Debt collection30
10.00Total new obligations (object class 11.5)30
Budgetary resources available for obligation:
22.00New budget authority (gross)30
23.95Total new obligations-30
New budget authority (gross), detail:
Mandatory:
60.20Appropriation (special fund)30
Change in obligated balances:
73.10Total new obligations30
73.20Total outlays (gross)-30
Outlays (gross), detail:
86.97Outlays from new mandatory authority30
Net budget authority and outlays:
89.00Budget authority30
90.00Outlays30
Employment SummaryIdentification code 20-1801-4-1-8032009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment1
Reimbursable:
2001Civilian full-time equivalent employment1
Payment to Justice, FIRREA Related Claims Payment to the Resolution Funding Corporation The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 authorized and appropriated to the Secretary of the Treasury, such sums as may be necessary to cover interest payments on obligations issued by the Resolution Funding Corporation (REFCORP). REFCORP was established under the Act to raise $31.2 billion for the Resolution Trust Corporation (RTC) in order to resolve savings institution insolvencies. Sources of payment for interest due on REFCORP obligations include REFCORP investment income, proceeds from the sale of assets or warrants acquired by the RTC, and annual contributions by the Federal Home Loan Banks. If these payment sources are insufficient to cover all interest costs, indefinite, mandatory funds appropriated to the Treasury shall be used to meet the shortfall.Program and Financing(in millions of dollars)Identification code 20-1851-0-1-9082009 actual2010 est.2011 est.
Obligations by program activity:
00.01Interest on REFCORP obligations2,1202,1892,628
10.00Total new obligations (object class 41.0)2,1202,1892,628
Budgetary resources available for obligation:
22.00New budget authority (gross)2,1202,1892,628
23.95Total new obligations-2,120-2,189-2,628
New budget authority (gross), detail:
Mandatory:
60.00Appropriation2,1202,1892,628
Change in obligated balances:
73.10Total new obligations2,1202,1892,628
73.20Total outlays (gross)-2,120-2,189-2,628
Outlays (gross), detail:
86.97Outlays from new mandatory authority2,1202,1892,628
Net budget authority and outlays:
89.00Budget authority2,1202,1892,628
90.00Outlays2,1202,1892,628
Payment to Terrestrial Wildlife Habitat Restoration Trust Fund 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 at least $57.4 million has been deposited. At the end of 2009, $55 million in payments had been deposited in the funds. Full capitalization is expected by 2010; therefore the funds will not receive any additional payments from the Treasury in FY 2011. Tribes are now able to draw down on the interest earned from these investments.Program and Financing(in millions of dollars)Identification code 20-1738-0-1-3062009 actual2010 est.2011 est.
Obligations by program activity:
00.01Cheyenne River Sioux Tribe terrestrial wildlife habitat restoration trust fund44
00.02Lower Breul Sioux Tribe terrestrial wildlife habitat restoration trust fund11
10.00Total new obligations (object class 41.0)55
Budgetary resources available for obligation:
22.00New budget authority (gross)55
23.95Total new obligations-5-5
New budget authority (gross), detail:
Mandatory:
60.00Appropriation55
Change in obligated balances:
73.10Total new obligations55
73.20Total outlays (gross)-5-5
Outlays (gross), detail:
86.97Outlays from new mandatory authority55
Net budget authority and outlays:
89.00Budget authority55
90.00Outlays55
Federal Reserve Bank Reimbursement Fund This fund was established by the Treasury and General Government Appropriations Act, 1998, Title I, (P.L. 105-61, 111 Stat. 1276) as a permanent, indefinite appropriation to reimburse 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)Identification code 20-1884-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Federal Reserve Bank services303325321
10.00Total new obligations (object class 25.2)303325321
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year14
22.00New budget authority (gross)305321321
22.10Resources available from recoveries of prior year obligations1
23.90Total budgetary resources available for obligation307325321
23.95Total new obligations-303-325-321
24.40Unobligated balance carried forward, end of year4
New budget authority (gross), detail:
Mandatory:
60.00Appropriation305321321
Change in obligated balances:
72.40Obligated balance, start of year787684
73.10Total new obligations303325321
73.20Total outlays (gross)-304-317-325
73.45Recoveries of prior year obligations-1
74.40Obligated balance, end of year768480
Outlays (gross), detail:
86.97Outlays from new mandatory authority241245
86.98Outlays from mandatory balances3047680
87.00Total outlays (gross)304317325
Net budget authority and outlays:
89.00Budget authority305321321
90.00Outlays304317325
This permanent, indefinite appropriation was established to reimburse financial institutions for the services they provide as depositaries and financial agents of the Federal Government. The services include the acceptance and processing of deposits of public money, as well as services essential to the disbursement of and accounting for public monies. The services provided are authorized under numerous statutes including, but not limited to, 12 U.S.C. 90 and 265. This permanent, indefinite appropriation is authorized by P.L. 108-100, the "Check Clearing for the 21st Century Act,'' and permanently appropriated by P.L. 108-199, the "Consolidated Appropriations Act of 2004.'' Additionally, financial agent administrative and financial analysis costs for the Government Sponsored Enterprise Mortgage Backed Securities Purchase Program and State Housing Finance Agency program are reimbursed from this account. Program and Financing(in millions of dollars)Identification code 20-1802-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Financial agent services568597600
10.00Total new obligations (object class 25.1)568597600
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year131
22.00New budget authority (gross)556596600
23.90Total budgetary resources available for obligation569597600
23.95Total new obligations-568-597-600
24.40Unobligated balance carried forward, end of year1
New budget authority (gross), detail:
Mandatory:
60.00Appropriation575632625
61.00Transferred to other accounts-19-36-25
62.50Appropriation (total mandatory)556596600
Change in obligated balances:
72.40Obligated balance, start of year565757
73.10Total new obligations568597600
73.20Total outlays (gross)-567-597-600
74.40Obligated balance, end of year575757
Outlays (gross), detail:
86.97Outlays from new mandatory authority541543
86.98Outlays from mandatory balances5675657
87.00Total outlays (gross)567597600
Net budget authority and outlays:
89.00Budget authority556596600
90.00Outlays567597600
Temporary State Fiscal Assistance Fund Interest on Uninvested Funds This account was established for the purpose of paying interest on certain uninvested funds placed in trust in the Treasury in accordance with various statutes (31 U.S.C. 1321; 2 U.S.C. 158 (P.L. 94-289); 20 U.S.C. 74a (P.L. 94-418) and 101; 24 U.S.C. 46 (P.L. 94-290; and 69 Stat. 533).Program and Financing(in millions of dollars)Identification code 20-1860-0-1-9082009 actual2010 est.2011 est.
Obligations by program activity:
00.01Interest of uninvested funds988
10.00Total new obligations (object class 43.0)988
Budgetary resources available for obligation:
22.00New budget authority (gross)988
23.95Total new obligations-9-8-8
New budget authority (gross), detail:
Mandatory:
60.00Appropriation988
Change in obligated balances:
72.40Obligated balance, start of year192121
73.10Total new obligations988
73.20Total outlays (gross)-7-8-8
74.40Obligated balance, end of year212121
Outlays (gross), detail:
86.97Outlays from new mandatory authority88
86.98Outlays from mandatory balances7
87.00Total outlays (gross)788
Net budget authority and outlays:
89.00Budget authority988
90.00Outlays788
Federal Interest Liabilities to States Pursuant to the Cash Management Improvement Act (P.L. 101-453, 104 Stat. 1058) as amended (P.L. 102-589, 106 Stat. 5133), and Treasury implementing regulations codified at 31 CFR Part 205, under certain circumstances, interest is paid to States when Federal funds are not transferred to States in a timely manner.Program and Financing(in millions of dollars)Identification code 20-1877-0-1-9082009 actual2010 est.2011 est.
Obligations by program activity:
00.01Federal interest liabilities to States222
10.00Total new obligations (object class 25.2)222
Budgetary resources available for obligation:
22.00New budget authority (gross)222
23.95Total new obligations-2-2-2
New budget authority (gross), detail:
Mandatory:
60.00Appropriation222
Change in obligated balances:
73.10Total new obligations222
73.20Total outlays (gross)-2-2-2
Outlays (gross), detail:
86.97Outlays from new mandatory authority222
Net budget authority and outlays:
89.00Budget authority222
90.00Outlays222
Interest Paid to Credit Financing Accounts This account pays interest on the invested balances of guaranteed and direct loan financing accounts. For guaranteed loan financing accounts, balances result when the accounts receive up-front payments and fees to be held in reserve to make payments on defaults. Direct loan financing accounts normally borrow from Treasury to disburse loans and receive interest and principal payments and other payments from borrowers. Because direct loan financing accounts generally repay borrowing from Treasury at the end of the year, they can build up balances of payments received during the year. Interest on invested balances is paid to the financing accounts from the general fund of the Treasury, in accordance with section 505(c) of the Federal Credit Reform Act of 1990.Program and Financing(in millions of dollars)Identification code 20-1880-0-1-9082009 actual2010 est.2011 est.
Obligations by program activity:
00.01Interest paid to credit financing accounts12,63318,13113,238
10.00Total new obligations (object class 43.0)12,63318,13113,238
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year3
22.00New budget authority (gross)12,63618,13113,238
23.90Total budgetary resources available for obligation12,63618,13413,238
23.95Total new obligations-12,633-18,131-13,238
23.98Unobligated balance expiring or withdrawn-3
24.40Unobligated balance carried forward, end of year3
New budget authority (gross), detail:
Mandatory:
60.00Appropriation12,63618,13113,238
69.00Offsetting collections (cash)3
69.10Change in uncollected customer payments from Federal sources (unexpired)-3
69.90Spending authority from offsetting collections (total mandatory)
70.00Total new budget authority (gross)12,63618,13113,238
Change in obligated balances:
72.40Obligated balance, start of year-3
73.10Total new obligations12,63318,13113,238
73.20Total outlays (gross)-12,636-18,131-13,238
74.00Change in uncollected customer payments from Federal sources (unexpired)3
74.40Obligated balance, end of year-3
Outlays (gross), detail:
86.97Outlays from new mandatory authority12,63618,13113,238
Offsets:
Against gross budget authority and outlays:
88.00Offsetting collections (cash) from: Federal sources-3
Against gross budget authority only:
88.95Change in uncollected customer payments from Federal sources (unexpired)3
Net budget authority and outlays:
89.00Budget authority12,63618,13113,238
90.00Outlays12,63618,12813,238
Claims, Judgments, and Relief Acts Appropriations are made for cases in which the Federal Government is found by courts to be liable for payment of claims and interest for damages not chargeable to appropriations of individual agencies, and for payment of private and public relief acts. Public Law 95-26 authorized a permanent, indefinite appropriation to pay certain judgments from the general funds of the Treasury. Program and Financing(in millions of dollars)Identification code 20-1895-0-1-8082009 actual2010 est.2011 est.
Obligations by program activity:
00.01Claims for damages241111
00.03Claims for contract disputes1499090
00.91Total claims adjudicated administratively173101101
01.01Judgments, Court of Claims1,511339201
01.02Judgments, U.S. courts621451524
01.91Total court judgments2,132790725
10.00Total new obligations (object class 42.0)2,305891826
Budgetary resources available for obligation:
22.00New budget authority (gross)2,305891826
23.95Total new obligations-2,305-891-826
New budget authority (gross), detail:
Mandatory:
60.00Appropriation2,305891826
Change in obligated balances:
72.40Obligated balance, start of year395151
73.10Total new obligations2,305891826
73.20Total outlays (gross)-2,293-891-826
74.40Obligated balance, end of year515151
Outlays (gross), detail:
86.97Outlays from new mandatory authority2,254850785
86.98Outlays from mandatory balances394141
87.00Total outlays (gross)2,293891826
Net budget authority and outlays:
89.00Budget authority2,305891826
90.00Outlays2,293891826
Summary of Budget Authority and Outlays(in millions of dollars)2009 actual2010 est.2011 est.
Enacted/requested:
Budget Authority2,305891826
Outlays2,293891826
Legislative proposal, not subject to PAYGO:
Budget Authority3,412
Outlays3,412
|
Total:
Budget Authority2,3054,303826
Outlays2,2934,303826
Legislative proposal, not subject to PAYGO Pending Congressional action and final approval by the Court, $3.412 billion will be expended from this account in FY 2010 as a result of the settlement of Cobell v. Salazar, a case involving the management of individual Indian trust accounts related to Indian lands.Program and Financing(in millions of dollars)Identification code 20-1895-2-1-8082009 actual2010 est.2011 est.
Obligations by program activity:
00.01Cobell v. Salazar3,412
10.00Total new obligations (object class 42.0)3,412
Budgetary resources available for obligation:
22.00New budget authority (gross)3,412
23.95Total new obligations-3,412
New budget authority (gross), detail:
Mandatory:
60.00Appropriation3,412
Change in obligated balances:
73.10Total new obligations3,412
73.20Total outlays (gross)-3,412
74.40Obligated balance, end of year
Outlays (gross), detail:
86.97Outlays from new mandatory authority3,412
Net budget authority and outlays:
89.00Budget authority3,412
90.00Outlays3,412
Restitution of Forgone Interest Biomass Energy Development 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 of 1980. 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, entered into a Forbearance agreement with DOE in April 2009 due to financial issues. Quarterly payments may resume after March 2011.Program and Financing(in millions of dollars)Identification code 20-0114-0-1-2712009 actual2010 est.2011 est.
New budget authority (gross), detail:
Mandatory:
69.00Offsetting collections (cash)56
69.27Capital transfer to general fund-5-6
69.90Spending authority from offsetting collections (total mandatory)
Offsets:
Against gross budget authority and outlays:
88.40Offsetting collections (cash) from: Non-Federal sources-5-6
Net budget authority and outlays:
89.00Budget authority-5-6
90.00Outlays-5-6
Status of Guaranteed Loans(in millions of dollars)Identification code 20-0114-0-1-2712009 actual2010 est.2011 est.
Addendum:
Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310Outstanding, start of year414141
2351Repayments of loans receivable-1
2390Outstanding, end of year414140
Balance Sheet(in millions of dollars)Identification code 20-0114-0-1-2712008 actual2009 actual
ASSETS:
1701Defaulted guaranteed loans, gross4141
Confiscated and Vested Iraqi Property and Assets Continued Dumping and Subsidy Offset The Bureau of Customs and Border Protection, Department of Homeland Security, collects duties assessed pursuant to a countervailing duty order, an antidumping duty order, or a finding under the Antidumping Act of 1921. Under a provision enacted in 2000, the Bureau of Customs and Border Protection, through the Treasury, distributes these duties to affected domestic producers. These distributions provide a significant additional subsidy to producers that already gain protection from the increased import prices provided by the tariffs. The authority to distribute assessments collected after October 1, 2007 has been repealed. Assessments collected before October 1, 2007 will be disbursed as if the authority had not been repealed.Special and Trust Fund Receipts(in millions of dollars)Identification code 20-5688-0-2-3762009 actual2010 est.2011 est.
01.00Balance, start of year
01.99Balance, start of year
Receipts:
02.00Antidumping and Countervailing Duties, Continued Dumping and Subsidy Offset217
02.99Total receipts and collections217
04.00Total: Balances and collections217
Appropriations:
05.00Continued Dumping and Subsidy Offset-217
05.99Total appropriations-217
07.99Balance, end of year
Program and Financing(in millions of dollars)Identification code 20-5688-0-2-3762009 actual2010 est.2011 est.
Obligations by program activity:
00.01Continued dumping and subsidy offset226250250
10.00Total new obligations (object class 41.0)226250250
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year705696446
22.00New budget authority (gross)217
23.90Total budgetary resources available for obligation922696446
23.95Total new obligations-226-250-250
24.40Unobligated balance carried forward, end of year696446196
New budget authority (gross), detail:
Mandatory:
60.20Appropriation (special fund)217
Change in obligated balances:
73.10Total new obligations226250250
73.20Total outlays (gross)-226-250-250
74.40Obligated balance, end of year
Outlays (gross), detail:
86.98Outlays from mandatory balances226250250
Net budget authority and outlays:
89.00Budget authority217
90.00Outlays226250250
Check Forgery Insurance Fund This fund was established as a permanent, indefinite appropriation in order to maintain adequate funding of the Check Forgery Insurance Fund. The Fund facilitates timely payments for replacement Treasury checks necessitated due to a claim of forgery. The Fund recoups disbursements through reclamations made against banks negotiating forged checks.To reduce hardships sustained by payees of Government checks that have been stolen and forged, settlement is made in advance of the receipt of funds from the endorsers of the checks. If the U.S. Treasury is unable to recover funds through reclamation procedures, the Fund sustains the loss.Public Law 108-447 expanded the use of the fund to include payments made via electronic funds transfer. A technical correction to the Fund's statutes to ensure and clarify that the Fund can be utilized as a funding source for relief of administrative disbursing errors was enacted by section 119 of Division D of Public Law 110-161.Program and Financing(in millions of dollars)Identification code 20-4109-0-3-8032009 actual2010 est.2011 est.
Obligations by program activity:
09.01Reimbursable program211818
10.00Total new obligations (object class 42.0)211818
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year444
22.00New budget authority (gross)211818
23.90Total budgetary resources available for obligation252222
23.95Total new obligations-21-18-18
24.40Unobligated balance carried forward, end of year444
New budget authority (gross), detail:
Mandatory:
60.00Appropriation22
69.00Offsetting collections (cash)211616
70.00Total new budget authority (gross)211818
Change in obligated balances:
73.10Total new obligations211818
73.20Total outlays (gross)-21-18-18
74.40Obligated balance, end of year
Outlays (gross), detail:
86.97Outlays from new mandatory authority211111
86.98Outlays from mandatory balances77
87.00Total outlays (gross)211818
Offsets:
Against gross budget authority and outlays:
88.40Offsetting collections (cash) from: Non-Federal sources-21-16-16
Net budget authority and outlays:
89.00Budget authority22
90.00Outlays22
Cheyenne River Sioux Tribe Terrestrial Wildlife Habitat Restoration Trust Fund 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. Pursuant to section 604(b) of the Water Resources Development Act of 1999 (P.L. 106-53), after the funds are fully capitalized by deposits from the general fund of the Treasury, interest earned will be available to the Tribes to carry out the purposes of the funds. At the end of 2009, $55 million in payments had been deposited in the funds. Full capitalization is expected by 2010; therefore the funds will not receive any additional payments from the Treasury in FY 2011. Tribes are now able to draw down on the interest earned from these investments. Special and Trust Fund Receipts(in millions of dollars)Identification code 20-8209-0-7-3062009 actual2010 est.2011 est.
01.00Balance, start of year586673
01.99Balance, start of year586673
Receipts:
02.40General Fund Payments, Lower Brule Sioux Tribe Terrestrial Wildlife Habitat Restoration Trust Fund11
02.41Earnings on Investments, Lower Brule Sioux Tribe Terrestrial Wildlife Habitat Restoration Trust Fund111
02.42General Fund Payments, Cheyenne River Sioux Tribe Terrestrial Wildlife Habitat Restoration Trust Fund44
02.43Earnings on Investments, Cheyenne River Sioux Tribe Terrestrial Wildlife Habitat Restoration Trust Fund211
02.99Total receipts and collections872
04.00Total: Balances and collections667375
Appropriations:
05.00Cheyenne River Sioux Tribe Terrestrial Wildlife Habitat Restoration Trust Fund-5-5
05.01Cheyenne River Sioux Tribe Terrestrial Wildlife Habitat Restoration Trust Fund55
05.99Total appropriations
07.99Balance, end of year667375
Program and Financing(in millions of dollars)Identification code 20-8209-0-7-3062009 actual2010 est.2011 est.
New budget authority (gross), detail:
Mandatory:
60.26Appropriation (trust fund)55
60.45Portion precluded from balances-5-5
62.50Appropriation (total mandatory)
Net budget authority and outlays:
89.00Budget authority
90.00Outlays
Memorandum (non-add) entries:
92.01Total investments, start of year: Federal securities: Par value596764
92.02Total investments, end of year: Federal securities: Par value676467
The Federal Financing Bank (FFB) was created in 1973 to reduce the costs of certain Federal and federally assisted borrowing and to ensure the coordination of such borrowing from the public in a manner least disruptive to private financial markets and institutions. Prior to that time, many agencies borrowed directly from the private market to finance credit programs involving lending to the public at higher rates than on comparable Treasury securities. With the implementation of the Federal Credit Reform Act in 1992, however, agencies finance such loan programs through direct loan financing accounts that borrow directly from the Treasury. 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. FFB loans are also used to finance direct agency activities such as construction of Federal buildings by the General Services Administration, activities of the U.S. Postal Service, and recent financial stabilization initiatives of the National Credit Union Administration. Lending by the FFB may take one of three forms, depending on the authorizing statutes pertaining to a particular agency or program: (1) the FFB may purchase agency financial assets; (2) the FFB may acquire debt securities that the agency is otherwise authorized to issue to the public; and (3) the FFB may originate direct loans on behalf of an agency by disbursing loans directly to private borrowers and receiving repayments from the private borrower on behalf of the agency. Because law requires that transactions by the FFB be treated as a means of financing agency obligations, the budgetary effect of the third type of transaction is reflected in the budget in the following sequence: a loan by the FFB to the agency, a loan by the agency to a private borrower, a repayment by a private borrower to the agency, and a repayment by the agency to the FFB.By law, the FFB receives substantially less interest each year on certain Department of Agriculture loans that it holds than it is contractually entitled to receive. For example, during 2009, as a result of this provision, the FFB received $201 million less than it was contractually entitled to receive. In 2008, net income of $539 million increased the FFB's net position from $2.4 billion to $2.9 billion. In 2009, the FFB's net income was $444 million, further increasing the net position to $3.3 billion.In addition to its authority to borrow from the Treasury, the FFB has the statutory authority to borrow up to $15 billion from other sources. Any such borrowing is exempt from the statutory ceiling on Federal debt. FFB exercised this authority most recently in November 2004. In order to prolong Treasury's ability to operate under the then $7.4 trillion debt ceiling, the FFB issued $14 billion of its own debt securities to the Civil Service Retirement and Disability Fund (CSRDF) in exchange for $14 billion in special issue Treasury securities held by CSRDF. The FFB simultaneously redeemed these special issue Treasury securities with Treasury. This transaction extinguished $14 billion in securities that Treasury had issued to Government accounts (the CSRDF). An equivalent amount of the FFB's own debt to Treasury was reduced. In 2009, FFB redeemed $2 billion of the debt securities held by CSRDF.The following table shows the annual net lending by the FFB by agency and program and the amount outstanding at the end of each year. NET LENDING AND LOANS OUTSTANDING, END OF YEAR(in millions of dollars)2009 actual2010 est.2011 est.
A. Department of Agriculture:
1. Rural Utilities Service:
Lending, net2,1123,4574,200
Loans outstanding28,43831,89536,095
B. Department of Defense:
1. Defense working capital funds:
Lending, net-17................
Loans outstanding........................
C. Department of Education:
1. Historically black colleges and universities:
Lending, net115155167
Loans outstanding452607774
D. Department of Energy:
1. Title 17 innovative technology loans:
Lending, net217,28418,114
Loans outstanding217,30525,419
2. Advanced technology vehicles manufacturing loans:
Lending, net8865,30410,647
Loans outstanding8866,19016,837
E. Department of Housing and Urban Development:
1. Low-rent public housing:
Lending, net-104-104-97
Loans outstanding587483386
F. Department of Transportation:
1. Railroad Revitalization and Regulatory Reform Act:
Lending, net-*-*-*
Loans outstanding222
G. Department of Veterans Affairs:
1. Transitional housing for homeless veterans:
Lending, net-*................
Loans outstanding555
H. General Services Administration:
1. Federal buildings fund:
Lending, net-51-44-71
Loans outstanding2,0261,9821,911
I. International Assistance Programs:
1. Foreign military sales credit:
Lending, net-135-128-128
Loans outstanding545417289
K. Small Business Administration:
1. Section 503 guaranteed loans:
Lending, net-5-3-2
Loans outstanding52........
L. National Credit Union Administration:
1. Central liquidity facility:
Lending, net17,275-8,267-10,117
Loans outstanding18,38410,117........
M. Postal Service:
1. Postal Service fund:
Lending, net3,0003,0001,800
Loans outstanding10,20013,20015,000
|
Total lending:
Lending, net23,09710,65424,513
Loans outstanding61,55272,20696,719
*$500,000 or less
Program and Financing(in millions of dollars)Identification code 20-4521-0-4-8032009 actual2010 est.2011 est.
Obligations by program activity:
09.01Administrative expenses688
09.02Interest on borrowings from Treasury5821,1392,153
09.03Interest on borrowings from civil service retirement and disability fund651552474
10.00Total new obligations1,2391,6992,635
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year7441,2792,616
21.45Adjustments to unobligated balance carried forward, start of year-21
22.00New budget authority (gross)2,2343,0363,578
22.60Portion applied to repay debt-439
23.90Total budgetary resources available for obligation2,5184,3156,194
23.95Total new obligations-1,239-1,699-2,635
24.40Unobligated balance carried forward, end of year1,2792,6163,559
New budget authority (gross), detail:
Mandatory:
67.10Authority to borrow463
69.00Offsetting collections (cash)1,7713,0363,578
69.00Offsetting collections (cash)
69.90Spending authority from offsetting collections (total mandatory)1,7713,0363,578
70.00Total new budget authority (gross)2,2343,0363,578
Change in obligated balances:
73.10Total new obligations1,2391,6992,635
73.20Total outlays (gross)-1,240-1,699-2,635
Outlays (gross), detail:
86.97Outlays from new mandatory authority1,2401,6992,635
Offsets:
Against gross budget authority and outlays:
88.00Offsetting collections (cash) from: Federal sources-1,771-3,036-3,578
Net budget authority and outlays:
89.00Budget authority463
90.00Outlays-531-1,337-943
Memorandum (non-add) entries:
92.01Total investments, start of year: Federal securities: Par value304922,859
92.02Total investments, end of year: Federal securities: Par value4922,8594,429
Balance Sheet(in millions of dollars)Identification code 20-4521-0-4-8032008 actual2009 actual
ASSETS:
Federal assets:
1101Fund balances with Treasury744786
Investments in US securities:
1102Treasury securities, par (HOPE Bonds)30492
1104Agency securities, par38,45561,552
1106Receivables, net205240
1999Total assets39,43463,070
LIABILITIES:
Federal liabilities:
2101Accounts payable206465
2103Borrowing from Treasury22,03647,107
2103Borrowing from Civil Service Retirement & Disability Fund14,00011,921
2105Unamortized Premium288229
2999Total liabilities36,53059,722
NET POSITION:
3300Cumulative results of operations2,9043,348
3999Total net position2,9043,348
4999Total liabilities and net position39,43463,070
Object Classification(in millions of dollars)Identification code 20-4521-0-4-8032009 actual2010 est.2011 est.
Reimbursable obligations:
25.2Other services688
43.0Interest and dividends1,2331,6912,627
99.9Total new obligations1,2391,6992,635
Alcohol and Tobacco Tax and Trade Bureau salaries and expensesFor necessary expenses of carrying out section 1111 of the Homeland Security Act of 2002, including hire of passenger motor vehicles, $103,000,000 $106,168,000; of which not to exceed $5,500,000 for administrative expenses related to implementation of the fees authorized by the Federal Alcohol Administration Act (27 U.S.C. 202), as amended by this Act, to remain available until September 30, 2012; not to exceed $6,000 for official reception and representation expenses; not to exceed $50,000 for cooperative research and development programs for laboratory services; and provision of laboratory assistance to State and local agencies with or without reimbursement: Provided, That of the amount appropriated under this heading, $3,000,000, to remain available until September 30, 2011, shall be for the hiring, training, and equipping of special agents and related support personnel the sum herein appropriated from the general fund shall be reduced as offsetting collections assessed and collected pursuant to the Federal Alcohol Administration Act (27 U.S.C. 201 et seq.), as amended by this Act, are received during fiscal year 2011, so as to result in a fiscal year 2011 appropriation from the general fund estimated at $0: Provided further, That any amount received in excess of $106,168,000 in fiscal year 2011 shall be available only to the extent provided in subsequent appropriations acts. (Department of the Treasury Appropriations Act, 2010.) The Alcohol and Tobacco Tax and Trade Bureau (TTB) enforces the Federal laws and regulations relating to alcohol and tobacco by working directly and in cooperation with others to: (1) Provide the most effective and efficient system for the collection of all revenue that is rightfully due, eliminate or prevent tax evasion and other criminal conduct, and provide high quality service while imposing the least regulatory burden; and (2) Prevent consumer deception, ensure that regulated alcohol and tobacco products comply with Federal commodity, safety, and distribution requirements, and provide high quality customer service. The Budget proposes a new, permanent program requiring the payment of annual fees to TTB and permitting the agency to use those fees to cover the costs of its operation to the extent provided in annual appropriations acts.Program and Financing(in millions of dollars)Identification code 20-1008-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Protect the Public4951
00.02Collect revenue4952
01.92Total direct program98103
09.01Protect the Public1254
09.02Collect Revenue3255
09.99Total reimbursable program44109
10.00Total new obligations102107109
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year11
22.00New budget authority (gross)103107109
23.90Total budgetary resources available for obligation103108110
23.95Total new obligations-102-107-109
24.40Unobligated balance carried forward, end of year111
New budget authority (gross), detail:
Discretionary:
40.00Appropriation99103
Spending authority from offsetting collections:
58.00Offsetting collections (cash)34109
58.10Change in uncollected customer payments from Federal sources (unexpired)1
58.90Spending authority from offsetting collections (total discretionary)44109
70.00Total new budget authority (gross)103107109
Change in obligated balances:
72.40Obligated balance, start of year182024
73.10Total new obligations102107109
73.20Total outlays (gross)-100-103-107
74.00Change in uncollected customer payments from Federal sources (unexpired)-1
74.10Change in uncollected customer payments from Federal sources (expired)1
74.40Obligated balance, end of year202426
Outlays (gross), detail:
86.90Outlays from new discretionary authority848893
86.93Outlays from discretionary balances161514
87.00Total outlays (gross)100103107
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00Federal sources-1
88.40Non-Federal Sources (Puerto Rico)-3-3-3
88.40Non-Federal Sources (Other)-1
88.40Non-Federal Sources (Licensing and Registration Fees)-106
88.90Total, offsetting collections (cash)-4-4-109
Against gross budget authority only:
88.95Change in uncollected customer payments from Federal sources (unexpired)-1
88.96Portion of offsetting collections (cash) credited to expired accounts1
Net budget authority and outlays:
89.00Budget authority99103
90.00Outlays9699-2
Object Classification(in millions of dollars)Identification code 20-1008-0-1-8032009 actual2010 est.2011 est.
Direct obligations:
Personnel compensation:
11.1Full-time permanent4447
11.3Other than full-time permanent1
11.5Other personnel compensation11
11.9Total personnel compensation4648
12.1Civilian personnel benefits1212
21.0Travel and transportation of persons34
23.1Rental payments to GSA55
23.3Communications, utilities, and miscellaneous charges55
25.1Advisory and assistance services7
25.2Other services816
25.3Other purchases of goods and services from Government accounts57
25.7Operation and maintenance of equipment1
26.0Supplies and materials11
31.0Equipment55
99.0Direct obligations98103
99.0Reimbursable obligations44109
99.9Total new obligations102107109
Employment SummaryIdentification code 20-1008-0-1-8032009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment511535
Reimbursable:
2001Civilian full-time equivalent employment815562
Internal Revenue Collections for Puerto Rico 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).Special and Trust Fund Receipts(in millions of dollars)Identification code 20-5737-0-2-8062009 actual2010 est.2011 est.
01.00Balance, start of year
01.99Balance, start of year
Receipts:
02.00Deposits, Internal Revenue Collections for Puerto Rico473356348
02.01Deposits, Internal Revenue Collections for Puerto Rico - legislative proposal subject to PAYGO6691
02.99Total receipts and collections473422439
04.00Total: Balances and collections473422439
Appropriations:
05.00Internal Revenue Collections for Puerto Rico-473-356-348
05.01Internal Revenue Collections for Puerto Rico - legislative proposal subject to PAYGO-66-91
05.99Total appropriations-473-422-439
07.99Balance, end of year
Program and Financing(in millions of dollars)Identification code 20-5737-0-2-8062009 actual2010 est.2011 est.
Obligations by program activity:
00.01Internal revenue collections for Puerto Rico473356348
10.00Total new obligations (object class 41.0)473356348
Budgetary resources available for obligation:
22.00New budget authority (gross)473356348
23.95Total new obligations-473-356-348
New budget authority (gross), detail:
Mandatory:
60.20Appropriation (special fund)473356348
Change in obligated balances:
73.10Total new obligations473356348
73.20Total outlays (gross)-473-356-348
Outlays (gross), detail:
86.97Outlays from new mandatory authority473356348
Net budget authority and outlays:
89.00Budget authority473356348
90.00Outlays473356348
Summary of Budget Authority and Outlays(in millions of dollars)2009 actual2010 est.2011 est.
Enacted/requested:
Budget Authority473356348
Outlays473356348
Legislative proposal, subject to PAYGO:
Budget Authority6691
Outlays6691
|
Total:
Budget Authority473422439
Outlays473422439
Legislative proposal, subject to PAYGO Excise taxes are imposed on rum at the generally applicable distilled spirits rate of $13.50 per proof gallon. These excise tax collections, less estimated refunds, drawbacks, and certain administrative expenses are covered-over (transferred), to Puerto Rico and the Virgin Islands under a permanent legislative provision at the lesser of a rate of $10.50 per proof gallon or the current rate of tax imposed on a proof gallon. The Budget proposes to extend a temporary cover-over rate of $13.25 per proof gallon through December 31, 2011. This proposal does not increase the total amount of excise taxes collected, but rather increases the portion of excise taxes that are covered-over to Puerto Rico and the Virgin Islands.Program and Financing(in millions of dollars)Identification code 20-5737-4-2-8062009 actual2010 est.2011 est.
Obligations by program activity:
00.01Internal revenue collections for Puerto Rico6691
10.00Total new obligations (object class 41.0)6691
Budgetary resources available for obligation:
22.00New budget authority (gross)6691
23.95Total new obligations-66-91
New budget authority (gross), detail:
Mandatory:
60.20Appropriation (special fund)6691
Change in obligated balances:
73.10Total new obligations6691
73.20Total outlays (gross)-66-91
Outlays (gross), detail:
86.97Outlays from new mandatory authority6691
Net budget authority and outlays:
89.00Budget authority6691
90.00Outlays6691
Bureau of Engraving and Printing Bureau of Engraving and Printing Fund The Bureau of Engraving and Printing (BEP) designs, manufactures, and supplies Federal Reserve notes and other security instruments for various Federal agencies. Beginning in 2005, the BEP was given legal authority to print currency for foreign countries upon approval of the State Department.The Bureau's vision is to maintain its position as a world-class securities printer providing its customers and the public superior products through excellence in manufacturing and technological innovation. The Bureau strives to produce U.S. currency of the highest quality, as well as many other security documents issued by the Federal government. Other activities at the Bureau include engraving plates and dies; manufacturing inks used to print security products; purchasing materials, supplies and equipment; and storing and delivering products in accordance with the requirements of customers. In addition, the Bureau provides technical assistance and advice to other Federal agencies in the design and production of documents, which, because of their innate value or other characteristics, require counterfeit deterrence.The Bureau's top priorities for FY 2011 include the continued re-tooling and retrofitting of the currency production process which will allow BEP to improve productivity, reduce its environmental impact and provide the needed capabilities to produce increasingly more complex currency note designs. This new equipment will ensure that BEP continues to operate in an efficient and cost-effective manner. Another top priority for FY 2011 is the continued production of the redesigned $100 note. Final development of the redesigned note will occur in early FY 2010. The Federal Reserve will determine when the redesigned $100 note is issued to the public. Another initiative for FY 2011 will include taking steps to identify, refine and create meaningful access to currency for the blind and visually impaired. As part of this effort, the Bureau has announced the results of a study analyzing options to assist the blind and visually impaired in denominating U.S. currency. While no timetable has been set for future redesigned currency, the next redesign will incorporate changes to make U.S. currency more accessible to those who are blind and visually impaired. The information gathered in the study will be used to help establish a direction for the Department of the Treasury in providing access to U.S. currency for all cash users. In addition, because aggressive law enforcement, effective design, and public education are all essential components of a concerted anti-counterfeiting program, the Bureau will continue its work in FY 2011 with the Advanced Counterfeit Deterrent Committee to research and develop future currency designs that will enhance and protect future notes. The Budget also removes the four year term limit on distinctive currency paper contracts in order to provide a stronger incentive for competitive bidding to reduce costs. 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. Program and Financing(in millions of dollars)Identification code 20-4502-0-4-8032009 actual2010 est.2011 est.
Obligations by program activity:
09.01Currency program532584581
09.03Other programs377
10.00Total new obligations535591588
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year964646
22.00New budget authority (gross)485591588
23.90Total budgetary resources available for obligation581637634
23.95Total new obligations-535-591-588
24.40Unobligated balance carried forward, end of year464646
New budget authority (gross), detail:
Discretionary:
Spending authority from offsetting collections:
58.00Offsetting collections (cash)503591588
58.10Change in uncollected customer payments from Federal sources (unexpired)-18
58.90Spending authority from offsetting collections (total discretionary)485591588
Change in obligated balances:
72.40Obligated balance, start of year5787
73.10Total new obligations535591588
73.20Total outlays (gross)-523-678-588
74.00Change in uncollected customer payments from Federal sources (unexpired)18
74.40Obligated balance, end of year87
Outlays (gross), detail:
86.90Outlays from new discretionary authority485591588
86.93Outlays from discretionary balances3887
87.00Total outlays (gross)523678588
Offsets:
Against gross budget authority and outlays:
88.40Offsetting collections (cash) from: Non-Federal sources-503-591-588
Against gross budget authority only:
88.95Change in uncollected customer payments from Federal sources (unexpired)18
Net budget authority and outlays:
89.00Budget authority
90.00Outlays2087
Balance Sheet(in millions of dollars)Identification code 20-4502-0-4-8032008 actual2009 actual
ASSETS:
Non-Federal assets:
1206Receivables, net3329
1207Advances and prepayments45
Other Federal assets:
1801Cash and other monetary assets165205
1802Inventories and related properties8484
1803Property, plant and equipment, net250308
1901Other assets - Machinery repair parts1716
1999Total assets553647
LIABILITIES:
2101Federal liabilities: Accounts payable2917
Non-Federal liabilities:
2201Accounts payable1214
2206Pension and other actuarial liabilities6094
2999Total liabilities101125
NET POSITION:
3100Appropriated capital3232
3300Cumulative results of operations420490
3999Total net position452522
4999Total liabilities and net position553647
Object Classification(in millions of dollars)Identification code 20-4502-0-4-8032009 actual2010 est.2011 est.
Reimbursable obligations:
Personnel compensation:
11.1Full-time permanent180186182
11.3Other than full-time permanent665
11.5Other personnel compensation101312
11.9Total personnel compensation196205199
12.1Civilian personnel benefits515250
21.0Travel and transportation of persons222
23.1Rental payments to GSA222
23.3Communications, utilities, and miscellaneous charges151515
24.0Printing and reproduction111
25.2Other services597271
26.0Supplies and materials149182193
31.0Equipment606055
99.9Total new obligations535591588
Employment SummaryIdentification code 20-4502-0-4-8032009 actual2010 est.2011 est.
Reimbursable:
2001Civilian full-time equivalent employment1,9442,0502,000
United States Mint Public Enterprise Fund united states mint public enterprise fundPursuant 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 2010 2011 under such section 5136 for circulating coinage and protective service capital investments of the United States Mint shall not exceed $26,700,000 $25,000,000. (Department of the Treasury Appropriations Act, 2010.) The United States Mint manufactures coins, sells numismatic and investment products, and provides security and asset protection. Public Law 104-52, dated November 19, 1995, enacted 5136, of Subchapter III of Chapter 51 of subtitle IV of title 31, United States Code, established the United States Mint Public Enterprise Fund (the Fund). The Mint submits annual audited business-type financial statements to the Secretary of the Treasury and to Congress in support of the operations of the revolving fund.The operations of the Mint are divided into three major components: Circulating Coinage; Numismatic and Investment Products; and Protection. The Mint is credited with receipts from its circulating coinage operations equal to the full cost of producing and distributing the coins that are put into circulation, plus the 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 production and distribution costs. The difference between the face value of the coins and these costs is considered an "other financing source" and is deposited as seigniorage to the general fund. In 2009, the Mint transferred $475 million to the General Fund. If any seigniorage was used to finance the Mint's capital acquisitions it would be recorded as budget authority in the year that funds are obligated for this purpose and as receipts over the life of the asset. No seigniorage has been used for this purpose in recent years.This activity funds the manufacture of circulating coins for sale to the Federal Reserve System as determined by public demand. In FY 2011, this activity will manufacture 9.5 billion coins for sale to the Federal Reserve System. The FY 2011 Budget provides greater flexibility in the composition of coinage materials, which could reduce costs of production by hundreds of millions of dollars annually and result in increased seigniorage transferred to the General Fund. Today, the cost of production of a penny and nickel exceeds their face values. In 2007, the United States Mint introduced a new Presidential $1 Coin Program as authorized by the Presidential $1 Coin Act of 2005 (Public Law 109-145). As required by legislation, the Presidential dollar coin specifications are similar to the Golden Dollar featuring Sacagawea and released into circulation at the rate of four different coin designs per year beginning in 2007 through 2018. Each coin design will honor former presidents of the United States in the order in which they served the nation.Numismatic and Investment ProductsThis 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, 24-Karat gold 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 FY 2011 this activity will fund any new or pending commemorative coin program as legislated by Congress. The Fifty State Quarters Program, which began in 1999, ended in December 2008 and is followed by a one-year commemorative quarter program to honor the District of Columbia, and the Territories (Puerto Rico, Virgin Islands, Guam, American Samoa, and the Northern Mariana Islands). Beginning in 2010 through 2020, the United States Mint will mint and issue "America's Beautiful National Parks Quarter Dollar Coins" in accordance with Public Law 110-456. This program honors national parks and sites in each of the 50 states in the order in which they were first established as a national park or site. Similar to the issuance of the 50 State Quarters Progam, five different coin designs will be issued each year of this program. All coins produced for this program are considered to be numismatic products. 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. Program and Financing(in millions of dollars)Identification code 20-4159-0-3-8032009 actual2010 est.2011 est.
Obligations by program activity:
09.06Total Operating2,2582,0222,062
09.07Circulating and Protection Capital92625
09.08Numismatic Capital152430
10.00Total new obligations2,2822,0722,117
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year51246210
22.00New budget authority (gross)2,4572,0362,119
22.10Resources available from recoveries of prior year obligations55
22.40Capital transfer to general fund-35
23.90Total budgetary resources available for obligation2,5282,2822,329
23.95Total new obligations-2,282-2,072-2,117
24.40Unobligated balance carried forward, end of year246210212
New budget authority (gross), detail:
Discretionary:
58.00Spending authority from offsetting collections: Offsetting collections (cash)2,4572,0362,119
Change in obligated balances:
72.40Obligated balance, start of year25318495
73.10Total new obligations2,2822,0722,117
73.20Total outlays (Gross)-2,296-2,161-2,185
73.45Recoveries of prior year obligations-55
74.40Obligated balance, end of year1849527
Outlays (gross), detail:
86.90Outlays from new discretionary authority2,1942,0362,119
86.93Outlays from discretionary balances10212566
87.00Total outlays (gross)2,2962,1612,185
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00Federal sources-10
88.40Total Operating-2,440-2,036-2,119
88.45Offsetting governmental collections (from non-Federal sources)-7
88.90Total, offsetting collections (cash)-2,457-2,036-2,119
Net budget authority and outlays:
89.00Budget authority
90.00Outlays-16112566
Balance Sheet(in millions of dollars)Identification code 20-4159-0-3-8032008 actual2009 actual
ASSETS:
Federal assets:
1101Fund balances with Treasury303429
Investments in US securities:
1106Receivables, net247
1107Advances and prepayments93
Other Federal assets:
1802Inventories and related properties471355
1803Property, plant and equipment, net208200
1901Other assets10,50910,511
1999Total assets11,52411,505
LIABILITIES:
2101Federal liabilities: Accounts payable6059
Non-Federal liabilities:
2201Accounts payable2421
2207Other10,53410,521
2999Total liabilities10,61810,601
NET POSITION:
3300Cumulative results of operations906904
3999Total net position906904
4999Total liabilities and net position11,52411,505
Object Classification(in millions of dollars)Identification code 20-4159-0-3-8032009 actual2010 est.2011 est.
Reimbursable obligations:
Personnel compensation:
11.1Full-time permanent130144147
11.5Other personnel compensation171212
11.9Total personnel compensation147156159
12.1Civilian personnel benefits384647
21.0Travel and transportation of persons344
22.0Transportation of things323132
23.2Rental payments to others212323
23.3Communications, utilities, and miscellanoues charges151617
24.0Printing and reproduction455
25.2Other services117149151
26.0Supplies and materials1,8811,5921,624
31.0Equipment113522
32.0Land and structures131533
99.0Reimbursable obligations2,2822,0722,117
99.9Total new obligations2,2822,0722,117
Employment SummaryIdentification code 20-4159-0-3-8032009 actual2010 est.2011 est.
Reimbursable:
2001Civilian full-time equivalent employment1,8121,9551,955
Bureau of the Public Debt Administering the Public Debt administering the public debtFor necessary expenses connected with any public-debt issues of the United States, $192,244,000 $185,985,000, 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 September 30, 2012 2013, for systems modernization: Provided, That the sum appropriated herein from the general fund for fiscal year 2010 2011 shall be reduced by not more than $10,000,000 as definitive security issue fees and Legacy Treasury Direct Investor Account Maintenance fees are collected, so as to result in a final fiscal year 2010 2011appropriation from the general fund estimated at $182,244,000 $175,985,000. In addition, $90,000 $110,000 to be derived from the Oil Spill Liability Trust Fund to reimburse the Bureau for administrative and personnel expenses for financial management of the Fund, as authorized by section 1012 of Public Law 101-380. (Department of the Treasury Appropriations Act, 2010.) The Bureau of the Public Debt (BPD) borrows the money needed to operate the federal government, accounts for the resulting debt and provides reimbursable support services to federal agencies. BPD will position Treasury to eliminate new issues of paper savings bonds, improve the quality and efficiency of service to retail customers, and continue to adopt technological advances to ensure Public Debt's systems remain secure. In FY 2011 the Budget reduces costs at BPD by millions of dollars through new efficiency measures, such as reducing travel, streamlining procurement operations, and consolidating facilities. This appropriation provides funds for the conduct of all Public Debt operations, which is comprised of four main activities:Wholesale Securities ServicesThis program is responsible for the announcement, auction, issuance and settlement of marketable Treasury bills, notes, bonds and TIPS. It also oversees an infrastructure that provides for the transfer, custody and redemption of these securities, which are purchased mostly by large market participants. BPD administers Treasury's regulations that provide investor protection and maintain the integrity, liquidity and efficiency in the government securities market. Government Agency Investment ServicesThis program includes the offering of specialized investments for government entities at the federal, state and local levels, as well as borrowings by federal agencies. Federal agencies hold more than 250 trust and investment funds, and for 18 of the funds, the Secretary of the Treasury, designated by statute, is the managing trustee. Some of the more recognizable Federal trust funds are the four Social Security and Medicare Funds, as well as the Unemployment and Highway Trust Funds.Retail Securities ServicesThis program serves more than 50 million retail customers who have invested in marketable and savings securities directly with Treasury. Investors may hold these securities in book-entry or paper form. Besides the issuance and redemption of securities, services include processing customer service requests of varying complexity. These functions are performed directly by Public Debt, by Federal Reserve Banks as fiscal agents of the United States, and by qualified agents that issue and redeem savings bonds and notes. This program is key to meeting Public Debt's responsibility to account for the public debt and related interest expense incurred to finance the operations of the Federal government. The program produces daily reports on the balance and composition of the public debt, provides the overarching control structure for dozens of subordinate securities systems and reconciles their related transactions and cash flows.Program and Financing(in millions of dollars)Identification code 20-0560-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Wholesale Securities Services242525
00.02Government Agency Investment Services181616
00.03Retail Securities Services130133128
00.04Summary Debt Accounting799
09.01Wholesale Securities Services344
09.02Government Agency Investment Services233
09.03Retail Securities Services232424
09.04Summary Debt Accounting112
10.00Total new obligations208215211
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year332
22.00New budget authority (gross)208214209
22.30Expired unobligated balance transfer to unexpired account1
23.90Total budgetary resources available for obligation212217211
23.95Total new obligations-208-215-211
23.98Unobligated balance expiring or withdrawn-1
24.40Unobligated balance carried forward, end of year32
New budget authority (gross), detail:
Discretionary:
40.00Appropriation179182176
41.00Transferred to other accounts-2
42.00Transferred from other accounts2
43.00Appropriation (total discretionary)179182176
Spending authority from offsetting collections:
58.00Offsetting collections (cash)212223
58.00Offsetting collections (user fees)81010
58.90Spending authority from offsetting collections (total discretionary)293233
70.00Total new budget authority (gross)208214209
Change in obligated balances:
72.40Obligated balance, start of year251623
73.10Total new obligations208215211
73.20Total outlays (gross)-213-208-210
73.40Adjustments in expired accounts (net)-6
74.10Change in uncollected customer payments from Federal sources (expired)2
74.40Obligated balance, end of year162324
Outlays (gross), detail:
86.90Outlays from new discretionary authority192192188
86.93Outlays from discretionary balances211622
87.00Total outlays (gross)213208210
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00Federal sources-23-22-23
88.40Non-Federal sources-8-10-10
88.90Total, offsetting collections (cash)-31-32-33
Against gross budget authority only:
88.96Portion of offsetting collections (cash) credited to expired accounts2
Net budget authority and outlays:
89.00Budget authority179182176
90.00Outlays182176177
Object Classification(in millions of dollars)Identification code 20-0560-0-1-8032009 actual2010 est.2011 est.
Direct obligations:
Personnel compensation:
11.1Full-time permanent616566
11.3Other than full-time permanent11
11.5Other personnel compensation422
11.8Special personal services payments3333
11.9Total personnel compensation65101102
12.1Civilian personnel benefits192020
21.0Travel and transportation of persons111
23.1Rental payments to GSA101110
23.3Communications, utilities, and miscellaneous charges91110
24.0Printing and reproduction122
25.2Other services15175
25.3Other purchases of goods and services from Government accounts551224
25.4Operation and maintenance of facilities111
25.7Operation and maintenance of equipment4
26.0Supplies and materials122
31.0Equipment111
99.0Direct obligations178183178
99.0Reimbursable obligations293233
99.5Below reporting threshold1
99.9Total new obligations208215211
Employment SummaryIdentification code 20-0560-0-1-8032009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment1,0061,0421,009
Reimbursements to Federal Reserve Banks This fund was established by the Treasury, Postal Service and General Government Appropriations Act of 1991 (P.L. 101-509, 104 Stat. 1394) as a permanent, indefinite appropriation to allow the Bureau of the Public Debt to reimburse the Federal Reserve Banks for acting as fiscal agents of the Federal Government in support of financing the public debt. Program and Financing(in millions of dollars)Identification code 20-0562-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Payments to Federal Reserve Banks121118130
10.00Total new obligations (object class 25.3)121118130
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year23151
22.00New budget authority (gross)113104136
23.90Total budgetary resources available for obligation136119137
23.95Total new obligations-121-118-130
24.40Unobligated balance carried forward, end of year1517
New budget authority (gross), detail:
Mandatory:
60.00Appropriation113104136
Change in obligated balances:
72.40Obligated balance, start of year302925
73.10Total new obligations121118130
73.20Total outlays (gross)-122-122-128
74.40Obligated balance, end of year292527
Outlays (gross), detail:
86.97Outlays from new mandatory authority6978102
86.98Outlays from mandatory balances534426
87.00Total outlays (gross)122122128
Net budget authority and outlays:
89.00Budget authority113104136
90.00Outlays122122128
Restoration of Lost Interest, Medicare Trust Funds Federal Reserve Bank Reimbursement Gifts to the United States for Reduction of the Public Debt Payment of Government Losses in Shipment 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 1,300 claims are paid annually.Program and Financing(in millions of dollars)Identification code 20-1710-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Government losses in shipment11
10.00Total new obligations (object class 42.0)11
Budgetary resources available for obligation:
22.00New budget authority (gross)11
23.95Total new obligations-1-1
New budget authority (gross), detail:
Mandatory:
60.00Appropriation11
Change in obligated balances:
73.10Total new obligations11
73.20Total outlays (gross)-1-1
Outlays (gross), detail:
86.97Outlays from new mandatory authority11
Net budget authority and outlays:
89.00Budget authority11
90.00Outlays11
The Internal Revenue Service (IRS) collects the revenue that funds the government and administers the nation's tax laws. The IRS processes over 236 million tax returns annually. In FY 2009, the IRS collected $2.345 trillion in taxes (gross receipts before tax refunds), 95 percent of Federal Government receipts.The IRS taxpayer service program helps millions of taxpayers understand and meet their tax obligations. The IRS enforcement program is aimed at deterring taxpayers inclined to evade their responsibilities while vigorously pursuing those who violate tax laws. The IRS Strategic Plan 2009-2013 guides program and budget decisions and supports the Department of the Treasury Strategic Plan. The IRS Strategic Plan recognizes the increasing complexity of tax laws, changing business models, expanding use of electronic data and related security risks, accelerating growth in international tax activities, and growing human capital challenges.The IRS strategic goals are: (1) Improve Service to Make Voluntary Compliance Easier and (2) Enforce the Law to Ensure Everyone Meets Their Obligations to Pay Taxes.To improve service to make voluntary compliance easier, the IRS must incorporate taxpayer perspectives to improve all service interactions; expedite and improve issue resolution across all interactions with taxpayers, making it easier to navigate the IRS; provide taxpayers with targeted, timely guidance and outreach; and strengthen partnerships with tax practitioners, tax preparers, and other third parties to ensure effective tax administration.To enforce the law to ensure everyone meets their obligation to pay taxes, the IRS must proactively enforce the law in a timely manner while respecting taxpayer rights and minimizing taxpayer burden; expand enforcement approaches and tools; meet the challenges of international tax administration; allocate compliance resources using a data-driven approach to target existing and emerging high- risk areas; continue focused oversight of the tax-exempt sector; and ensure that all tax practitioners, tax preparers, and other third parties in the tax system adhere to professional standards and follow the law.To achieve its service and enforcement goals and be the best place to work in government, the IRS must build and deploy advanced information technology systems, processes, and tools to improve IRS efficiency and productivity; use data and research across the organization to make informed decisions and allocate resources; and ensure the privacy and security of data and safety and security of employees.The FY 2011 President's Budget Request provides $12,633 million for the IRS to implement key strategic priorities.The 2011 Budget includes an Enforcement account increase of more than $293 million to continue reducing the tax gap by investing in a strong compliance program. The additional enforcement resources will address underreporting of income associated with international activities and expand enforcement efforts on noncompliance among corporate and high net-worth taxpayers. This increase is supported by a program integrity allocation adjustment totaling $1,115,000,000, which includes funding for both the Enforcement ($790,000,000) and the Operations Support account ($325,000,000). The new enforcement initiatives funded out of this allocation adjustment will generate $1.9 billion in additional annual enforcement revenue once the new hires reach full potential in FY 2013. This estimate does not include the revenue impact from the deterrence value of these investments and other IRS enforcement programs, which is conservatively estimated to be at least three times the direct revenue impact.The 2011 Budget includes a Taxpayer Services account increase of more than $43 million. The 2011 Budget will allow continued improvements to both the quality and efficiency of taxpayer service by using a variety of person-to-person, telephone, and web-based methods to help people understand their tax obligations and pay their taxes. Technology enhancements, including electronic filing and the IRS website allow more taxpayers to reach the IRS through the internet. For example, in 2009, more than 1.7 billion web pages were viewed on www.IRS.gov, and more than 54.3 million taxpayers checked their refund status by accessing "Where's My Refund?" in English or Spanish on the IRS website. Taxpayers can also use automated features found at 1-800-829-1040. In FY 2011, the IRS will complete the implementation of the Form 1040, U.S. Individual Income Tax Return, and supporting forms and schedules, and continue adding new forms and schedules to the business electronic portfolio. The 2011 Budget also supports the implementation of the IRS's new paid tax return preparation strategy, which will help ensure that taxpayers receive the best possible value and service when they choose to use paid tax return preparation services. The 2011 Budget provides $386.9 million for the Business Systems Modernization Program to complete the new taxpayer account database and continue investment in electronic filing systems. Completion of the core taxpayer account database will expedite refunds to 140 million individual taxpayers and will allow the IRS to expand its online services to manage increasing taxpayer service demands. An additional $25 million will be invested in improvements to the IRS.gov website infrastructure and to redesign the IRS.gov website to meet taxpayer needs and growing demand for more electronic services. taxpayer services(including transfer of funds)For necessary expenses of the Internal Revenue Service to provide taxpayer services, including pre-filing assistance and education, filing and account services, taxpayer advocacy services, and other services as authorized by 5 U.S.C. 3109, at such rates as may be determined by the Commissioner, $2,278,830,000 $2,321,975,000, of which not less than $6,100,000 $5,100,000 shall be for the Tax Counseling for the Elderly Program, of which not less than $10,000,000 $9,500,000 shall be available for low-income taxpayer clinic grants, of which not less than $12,000,000 $8,000,000, to remain available until September 30, 2011 2012, shall be available for a Community Volunteer Income Tax Assistance matching grants demonstration program for tax return preparation assistance, and of which not less than $205,954,000 shall be available for operating expenses of the Taxpayer Advocate Service up to $6,000,000 may be transferred as necessary from this account to "Health Insurance Tax Credit Administration" upon advance notification of the Committees on Appropriations: Provided, That this transfer authority shall be in addition to any other transfer authority provided in this Act. (Department of the Treasury Appropriations Act, 2010.) This appropriation provides resources for taxpayer service programs, which collectively focus on helping taxpayers understand their tax obligations, correctly file their returns, and pay taxes due in a timely manner. The approporation also supports a number of other activities within taxpayer services, including forms and publications; processing of tax returns and related documents; filing and account services; and taxpayer advocacy services. The 2011 Budget places additional emphasis on providing high-quality telephone service through targeted investments in taxpayer customer service. Further, the Budget supports the continued development and implementation of the IRS's new tax return preparer strategy, which will help establish improved standards and additional assurances for those taxpayers that choose to use paid tax return preparation services.Program and Financing(in millions of dollars)Identification code 20-0912-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Pre-filing taxpayer assistance and education676685694
00.02Filing and account services1,7411,7211,755
00.03Shared service support2
01.00Subtotal, direct programs2,4192,4062,449
09.01Reimbursable program243434
10.00Total new obligations2,4432,4402,483
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year14128
22.00New budget authority (gross)2,3762,3132,356
22.22Unobligated balance transferred from other accounts72123127
22.30Expired unobligated balance transfer to unexpired account2
23.90Total budgetary resources available for obligation2,4642,4482,491
23.95Total new obligations-2,443-2,440-2,483
23.98Unobligated balance expiring or withdrawn-9
24.40Unobligated balance carried forward, end of year1288
New budget authority (gross), detail:
Discretionary:
40.00Appropriation2,2932,2792,322
58.00Spending authority from offsetting collections: Offsetting collections (cash)243434
Mandatory:
62.00Transferred from other accounts59
70.00Total new budget authority (gross)2,3762,3132,356
Change in obligated balances:
72.40Obligated balance, start of year226206241
73.10Total new obligations2,4432,4402,483
73.20Total outlays (gross)-2,448-2,405-2,452
73.40Adjustments in expired accounts (net)-15
74.40Obligated balance, end of year206241272
Outlays (gross), detail:
86.90Outlays from new discretionary authority2,1282,1232,162
86.93Outlays from discretionary balances197159163
86.97Outlays from new mandatory authority55
86.98Outlays from mandatory balances68123127
87.00Total outlays (gross)2,4482,4052,452
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00Federal sources-8-10-10
88.40Non-Federal sources-23-24-24
88.90Total, offsetting collections (cash)-31-34-34
Against gross budget authority only:
88.96Portion of offsetting collections (cash) credited to expired accounts7
Net budget authority and outlays:
89.00Budget authority2,3522,2792,322
90.00Outlays2,4172,3712,418
Object Classification(in millions of dollars)Identification code 20-0912-0-1-8032009 actual2010 est.2011 est.
Direct obligations:
Personnel compensation:
11.1Full-time permanent1,5481,2821,309
11.3Other than full-time permanent42310304
11.5Other personnel compensation10389107
11.9Total personnel compensation1,6931,6811,720
12.1Civilian personnel benefits482477519
13.0Benefits for former personnel578
21.0Travel and transportation of persons373429
22.0Transportation of things475
23.3Communications, utilities, and miscellaneous charges444
24.0Printing and reproduction999
25.1Advisory and assistance services34294
25.2Other services4110246
25.3Other purchases of goods and services from Government accounts681468
25.6Medical care1
25.7Operation and maintenance of equipment11
25.8Subsistence and support of persons11
26.0Supplies and materials151111
31.0Equipment111
41.0Grants, subsidies, and contributions232823
42.0Insurance claims and indemnities1
99.0Direct obligations2,4182,4062,449
99.0Reimbursable obligations243334
99.5Below reporting threshold11
99.9Total new obligations2,4432,4402,483
Employment SummaryIdentification code 20-0912-0-1-8032009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment32,76331,20630,668
Reimbursable:
2001Civilian full-time equivalent employment499646649
enforcement(including transfer of funds)For necessary expenses for tax enforcement activities of the Internal Revenue Service to determine and collect owed taxes, to provide legal and litigation support, to conduct criminal investigations, to enforce criminal statutes related to violations of internal revenue laws and other financial crimes, to purchase (for police-type use, not to exceed 850) and hire passenger motor vehicles (31 U.S.C. 1343(b)), and to provide other services as authorized by 5 U.S.C. 3109, at such rates as may be determined by the Commissioner, $4,904,000,000 $5,007,400,000, of which not less than $59,206,000 $60,257,000 shall be for the Interagency Crime and Drug Enforcement program; and of which not to exceed $126,500 shall be for official reception and representation expenses associated with hosting the Leeds Castle Meeting in the United States during 2010: Provided, That up to $10,000,000 may be transferred as necessary from this account to "Operations Support'' solely for the purposes of the Interagency Crime and Drug Enforcement program: Provided further, That this transfer authority shall be in addition to any other transfer authority provided in this Act. In addition to amounts made available above, $600,000,000 $790,000,000 shall be made available for additional and/or enhanced tax enforcement activities. (Department of the Treasury Appropriations Act, 2010.) This appropriation provides resources for the examination of tax returns, both domestic and international; the administrative and judicial settlement of taxpayer appeals of examination findings; technical rulings; monitoring employee pension plans; determining qualifications of organizations seeking tax-exempt status; examining tax returns of exempt organizations; enforcing statutes relating to detection and investigation of criminal violations of the internal revenue laws and other financial crimes; identifying under reporting of tax obligations; securing unfiled tax returns; and collecting unpaid accounts. The Administration proposes total program integrity funding of $8,235,000,000 for both base tax enforcement and additional and enhanced tax enforcement activities. Full funding of these new enforcement investments is critical for the IRS to address new and evolving issues in tax administration. The Administration proposes to fund a portion of them as contingent appropriations, recognizing the positive return-on-investment generated by IRS enforcement resources. To ensure full funding of proposed tax enforcement activities, the Administration proposes to employ a budget enforcement mechanism that allows for an adjustment by the Budget Committees to the section 302(a) allocation to the Appropriations Committees found in the concurrent resolution on the budget. The 2011 Budget requests funding for additional and/or enhanced tax enforcement activities of no less than $1,115,000,000. Of this amount, $790,000,000 is requested as an allocation adjustment in the Enforcement account to support additional tax enforcement activities. In addition, the portion of the Operations Support appropriation that directly supports Enforcement account activities (which includes not less than $325,000,000 to support additional tax enforcement) would be provided as part of the regular appropriation, provided that such sums were appropriated within the Operations Support account to fully support both the base and additional tax enforcement activities. The base level for tax enforcement within the Enforcement account must also be funded at a minimum of $5,007,400,000. See additional discussion in the Budget Reform Proposals chapter in the Analytical Perspectives volume.Program and Financing(in millions of dollars)Identification code 20-0913-0-1-9992009 actual2010 est.2011 est.
Obligations by program activity:
00.01Investigations617639652
00.02Exam and Collections4,3454,7164,974
00.03Regulatory152160171
01.00Subtotal, Direct program5,1145,5155,797
09.01Reimbursable program496162
10.00Total new obligations5,1635,5765,859
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year44
22.00New budget authority (gross)5,1695,5695,859
22.22Unobligated balance transferred from other accounts23
23.90Total budgetary resources available for obligation5,1755,5765,859
23.95Total new obligations-5,163-5,576-5,859
23.98Unobligated balance expiring or withdrawn-8
24.40Unobligated balance carried forward, end of year4
New budget authority (gross), detail:
Discretionary:
40.00Appropriation5,1175,5045,797
Spending authority from offsetting collections:
58.00Offsetting collections (cash)266162
58.10Change in uncollected customer payments from Federal sources (unexpired)23
58.90Spending authority from offsetting collections (total discretionary)496162
Mandatory:
62.00Transferred from other accounts34
70.00Total new budget authority (gross)5,1695,5695,859
Change in obligated balances:
72.40Obligated balance, start of year293410488
73.10Total new obligations5,1635,5765,859
73.20Total outlays (gross)-5,048-5,498-5,796
73.40Adjustments in expired accounts (net)1
74.00Change in uncollected customer payments from Federal sources (unexpired)-23
74.10Change in uncollected customer payments from Federal sources (expired)24
74.40Obligated balance, end of year410488551
Outlays (gross), detail:
86.90Outlays from new discretionary authority4,7465,2035,478
86.93Outlays from discretionary balances300287315
86.97Outlays from new mandatory authority23
86.98Outlays from mandatory balances53
87.00Total outlays (gross)5,0485,4985,796
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00Federal sources-54-56-57
88.40Non-Federal sources-5-5-5
88.90Total, offsetting collections (cash)-59-61-62
Against gross budget authority only:
88.95Change in uncollected customer payments from Federal sources (unexpired)-23
88.96Portion of offsetting collections (cash) credited to expired accounts33
Net budget authority and outlays:
89.00Budget authority5,1205,5085,797
90.00Outlays4,9895,4375,734
Object Classification(in millions of dollars)Identification code 20-0913-0-1-9992009 actual2010 est.2011 est.
Direct obligations:
Personnel compensation:
11.1Full-time permanent3,4563,7333,939
11.3Other than full-time permanent498991
11.5Other personnel compensation160166174
11.8Special personal services payments201818
11.9Total personnel compensation3,6854,0064,222
12.1Civilian personnel benefits1,0041,0921,174
21.0Travel and transportation of persons174191182
22.0Transportation of things476
23.3Communications, utilities, and miscellaneous charges544
24.0Printing and reproduction677
25.1Advisory and assistance services563425
25.2Other services769473
25.3Other purchases of goods and services from Government accounts512850
25.5Research and development contracts433
25.6Medical care1
25.7Operation and maintenance of equipment122
25.8Subsistence and support of persons345
26.0Supplies and materials302930
31.0Equipment767
42.0Insurance claims and indemnities322
91.0Unvouchered255
99.0Direct obligations5,1125,5145,797
99.0Reimbursable obligations496162
99.5Below reporting threshold21
99.9Total new obligations5,1635,5765,859
Employment SummaryIdentification code 20-0913-0-1-9992009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment47,38051,20052,863
Reimbursable:
2001Civilian full-time equivalent employment128141142
Health Insurance Tax Credit Administration health insurance tax credit administrationFor expenses necessary to implement the health insurance tax credit included in the Trade Act of 2002 (Public Law 107-210), $15,512,000 $18,987,000. (Department of the Treasury Appropriations Act, 2010.) This appropriation provides operating resources to administer the advance payment feature of the Trade Adjustment Assistance (TAA) health insurance tax credit program, which assists dislocated workers with their health insurance premiums. The tax credit program was enacted by the Trade Act of 2002 (Public Law 107-210) and became effective in August of 2003. The American Recovery and Reinvestment Act of 2009 (Public Law 111-5) included additional funding to implement and administer the health insurance tax credit under the TAA Health Coverage Improvement Act of 2009. The increased resources in this account and transfer authority found in the Taxpayer Services account are intended to help meet the additional demand generated by the Recovery Act.Program and Financing(in millions of dollars)Identification code 20-0928-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Health Coverage Tax Credit704119
10.00Total new obligations704119
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year25
22.00New budget authority (gross)951619
23.90Total budgetary resources available for obligation954119
23.95Total new obligations-70-41-19
24.40Unobligated balance carried forward, end of year25
New budget authority (gross), detail:
Discretionary:
40.00Appropriation951619
Change in obligated balances:
72.40Obligated balance, start of year125430
73.10Total new obligations704119
73.20Total outlays (gross)-28-65-29
74.40Obligated balance, end of year543020
Outlays (gross), detail:
86.90Outlays from new discretionary authority1756
86.93Outlays from discretionary balances116023
87.00Total outlays (gross)286529
Net budget authority and outlays:
89.00Budget authority951619
90.00Outlays286529
Object Classification(in millions of dollars)Identification code 20-0928-0-1-8032009 actual2010 est.2011 est.
Direct obligations:
11.1Personnel compensation: Full-time permanent122
21.0Travel and transportation of persons1
24.0Printing and reproduction2
25.2Other services673815
99.0Direct obligations704117
99.5Below reporting threshold2
99.9Total new obligations704119
Employment SummaryIdentification code 20-0928-0-1-8032009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment101515
operations supportFor necessary expenses of the Internal Revenue Service to support taxpayer services and enforcement programs, including rent payments; facilities services; printing; postage; physical security; headquarters and other IRS-wide administration activities; research and statistics of income; telecommunications; information technology development, enhancement, operations, maintenance, and security; the hire of passenger motor vehicles (31 U.S.C. 1343(b)); and other services as authorized by 5 U.S.C. 3109, at such rates as may be determined by the Commissioner; $4,083,884,000 $4,108,000,000, of which up to $75,000,000 shall remain available until September 30, 2011 2012, for information technology support; of which up to $65,000,000 shall remain available until expended for acquisition of real property, equipment, construction and renovation of facilities; of which not to exceed $1,000,000 shall remain available until September 30, 2012 2013, for research; of which not less than to exceed $2,000,000 shall be for the Internal Revenue Service Oversight Board; of which not to exceed $25,000 shall be for official reception and representation; and of which $290,000,000 shall be made available to support enhanced tax enforcement activities: Provided, That of the amounts provided under this heading, such sums as are necessary shall be available to fully support tax enforcement and enhanced tax enforcement activities, including not less than $325,000,000 to support additional and/or enhanced tax enforcement activities. (Department of the Treasury Appropriations Act, 2010.) This appropriation provides resources for support functions that are essential to the successful operation of IRS programs. These functions include: overall planning and direction of the IRS; shared service support related to facilities maintenance, rent payments, printing, postage and security; resources for headquarters management activities such as communications and liaison, finance, human resources, Equal Employment Opportunity and diversity; research and statistics of income; and necessary expenses for telecommunication support and the development and maintenance of IRS operational information systems. Within this appropriation, $325,000,000 is included to support program integrity funding for additional tax enforcement activities. This amount is part of the total IRS additional tax enforcement funding of $1,115,000,000. For the Operations Support account, such sums must be made available to fully support the Enforcement account base. This appropriation also includes specific funds that will support multi-year facility and real estate planning to improve the IRS investment process.Program and Financing(in millions of dollars)Identification code 20-0919-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.02Infrastructure882920957
00.03Shared Services and Support1,2591,2971,338
00.04Information Services1,7431,9201,880
01.00Subtotal, direct programs3,8844,1374,175
09.01Reimbursable program404749
10.00Total new obligations3,9244,1844,224
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year689367
22.00New budget authority (gross)3,9404,1414,157
22.10Resources available from recoveries of prior year obligations1
22.21Unobligated balance transferred to other accounts-4
22.22Unobligated balance transferred from other accounts81767
22.30Expired unobligated balance transfer to unexpired account14
23.90Total budgetary resources available for obligation4,0274,2514,291
23.95Total new obligations-3,924-4,184-4,224
23.98Unobligated balance expiring or withdrawn-10
24.40Unobligated balance carried forward, end of year936767
New budget authority (gross), detail:
Discretionary:
40.00Appropriation3,8674,0844,108
Spending authority from offsetting collections:
58.00Offsetting collections (cash)334749
58.10Change in uncollected customer payments from Federal sources (unexpired)7
58.90Spending authority from offsetting collections (total discretionary)404749
Mandatory:
62.00Transferred from other accounts3310
70.00Total new budget authority (gross)3,9404,1414,157
Change in obligated balances:
72.40Obligated balance, start of year7588271,030
73.10Total new obligations3,9244,1844,224
73.20Total outlays (gross)-3,831-3,981-4,137
73.40Adjustments in expired accounts (net)-36
73.45Recoveries of prior year obligations-1
74.00Change in uncollected customer payments from Federal sources (unexpired)-7
74.10Change in uncollected customer payments from Federal sources (expired)20
74.40Obligated balance, end of year8271,0301,117
Outlays (gross), detail:
86.90Outlays from new discretionary authority3,1703,3573,380
86.93Outlays from discretionary balances660609713
86.97Outlays from new mandatory authority12
86.98Outlays from mandatory balances1344
87.00Total outlays (gross)3,8313,9814,137
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00Federal sources-44-39-41
88.40Non-Federal sources-9-8-8
88.90Total, offsetting collections (cash)-53-47-49
Against gross budget authority only:
88.95Change in uncollected customer payments from Federal sources (unexpired)-7
88.96Portion of offsetting collections (cash) credited to expired accounts20
Net budget authority and outlays:
89.00Budget authority3,9004,0944,108
90.00Outlays3,7783,9344,088
Object Classification(in millions of dollars)Identification code 20-0919-0-1-8032009 actual2010 est.2011 est.
Direct obligations:
Personnel compensation:
11.1Full-time permanent1,0431,0441,090
11.3Other than full-time permanent112326
11.5Other personnel compensation313235
11.9Total personnel compensation1,0851,0991,151
12.1Civilian personnel benefits33333616
13.0Benefits for former personnel4049358
21.0Travel and transportation of persons413849
22.0Transportation of things202143
23.1Rental payments to GSA61768421
23.3Communications, utilities, and miscellaneous charges414446694
24.0Printing and reproduction4755427
25.1Advisory and assistance services11812852
25.2Other services42841797
25.3Other purchases of goods and services from Government accounts6878390
25.4Operation and maintenance of facilities15018787
25.5Research and development contracts78218
25.6Medical care12115
25.7Operation and maintenance of equipment596813
25.8Subsistence and support of persons1
26.0Supplies and materials2931111
31.0Equipment34742930
32.0Land and structures6750395
42.0Insurance claims and indemnities1118
99.0Direct obligations3,8834,1374,175
99.0Reimbursable obligations404747
99.5Below reporting threshold12
99.9Total new obligations3,9244,1844,224
Employment SummaryIdentification code 20-0919-0-1-8032009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment12,10212,31512,384
Reimbursable:
2001Civilian full-time equivalent employment165169170
Business Systems Modernization business systems modernizationFor necessary expenses of the Internal Revenue Service's business systems modernization program, $263,897,000 $386,908,000, to remain available until September 30, 2012 2013, for the capital asset acquisition of information technology systems, including management and related contractual costs of said acquisitions, including related Internal Revenue Service labor costs, and contractual costs associated with operations authorized by 5 U.S.C. 3109: Provided, That, with the exception of labor costs, none of these funds may be obligated until the Internal Revenue Service submits to the Committees on Appropriations, and such Committees approve, a plan for expenditure that: (1) meets the capital planning and investment control review requirements established by the Office of Management and Budget, including Circular A-11; (2) complies with the Internal Revenue Service's enterprise architecture, including the modernization blueprint; (3) conforms with the Internal Revenue Service's enterprise life cycle methodology; (4) is approved by the Internal Revenue Service, the Department of the Treasury, and the Office of Management and Budget; (5) has been reviewed received by the Government Accountability Office; and (6) complies with the acquisition rules, requirements, guidelines, and systems acquisition management practices of the Federal Government. (Department of the Treasury Appropriations Act, 2010.) This appropriation provides resources for the planning and capital asset acquisition of information technology. The IRS uses a formal methodology to evaluate, prioritize, approve, and fund its portfolio of business systems modernization investments. This methodology provides a documented, repeatable, and measurable process for managing investments throughout their life cycle. The process is reviewed by the Government Accountability Office on a regular basis as part of the submission requirements for expenditure plans submitted to the House and Senate Committees on Appropriations. The IRS is focused on completion of the core taxpayer account database. Completion of the core taxpayer account database will expedite refunds to 140 million individual taxpayers and will allow the IRS to expand its online services to both provide greater, faster access to tax information and manage increasing taxpayer service demands. The core database will also improve the effectiveness of tax enforcement programs by making IRS enforcement resources and personnel more efficient, while concurrently streamlining internal IRS processes. Ultimately, the IRS will be able to leverage the database across business lines to bring tax administration into the 21st Century through greater automation, self-service options and retirement of legacy systems.Program and Financing(in millions of dollars)Identification code 20-0921-0-1-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Business Systems Modernization222236305
10.00Total new obligations222236305
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year107116144
22.00New budget authority (gross)230264387
22.10Resources available from recoveries of prior year obligations2
23.90Total budgetary resources available for obligation339380531
23.95Total new obligations-222-236-305
23.98Unobligated balance expiring or withdrawn-1
24.40Unobligated balance carried forward, end of year116144226
New budget authority (gross), detail:
Discretionary:
40.00Appropriation230264387
Change in obligated balances:
72.40Obligated balance, start of year9988114
73.10Total new obligations222236305
73.20Total outlays (gross)-232-210-275
73.40Adjustments in expired accounts (net)1
73.45Recoveries of prior year obligations-2
74.40Obligated balance, end of year88114144
Outlays (gross), detail:
86.90Outlays from new discretionary authority89106155
86.93Outlays from discretionary balances143104120
87.00Total outlays (gross)232210275
Net budget authority and outlays:
89.00Budget authority230264387
90.00Outlays232210275
Object Classification(in millions of dollars)Identification code 20-0921-0-1-8032009 actual2010 est.2011 est.
Direct obligations:
Personnel compensation:
11.1Full-time permanent353453
11.3Other than full-time permanent112
11.5Other personnel compensation111
11.9Total personnel compensation373656
12.1Civilian personnel benefits8914
25.1Advisory and assistance services1653
25.2Other services138159201
25.7Operation and maintenance of equipment2811
31.0Equipment211920
99.9Total new obligations222236305
Employment SummaryIdentification code 20-0921-0-1-8032009 actual2010 est.2011 est.
Direct:
1001Civilian full-time equivalent employment322333489
Build America Bond Payments, Recovery Act The American Recovery and Reinvestment Act of 2009 (Public Law 111-5) allows State and local governments to issue Build America Bonds through December 31, 2010. These tax credit bonds, which include Recovery Zone Bonds, differ from tax-exempt governmental obligation bonds in two principal ways: (1) interest paid on tax credit bonds is taxable; and (2) a portion of the interest paid on tax credit bonds takes the form of a federal tax credit. The bond issuer may elect to receive a direct payment in the amount of the tax credit. The 2011 Budget proposes a revenue-neutral extension of this program.Program and Financing(in millions of dollars)Identification code 20-0935-0-1-8062009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity192,9413,196
10.00Total new obligations (object class 41.0)192,9413,196
Budgetary resources available for obligation:
22.00New budget authority (gross)192,9413,196
23.95Total new obligations-19-2,941-3,196
New budget authority (gross), detail:
Mandatory:
60.00Appropriation192,9413,196
Change in obligated balances:
73.10Total new obligations192,9413,196
73.20Total outlays (gross)-19-2,941-3,196
Outlays (gross), detail:
86.97Outlays from new mandatory authority192,9413,196
Net budget authority and outlays:
89.00Budget authority192,9413,196
90.00Outlays192,9413,196
Summary of Budget Authority and Outlays(in millions of dollars)2009 actual2010 est.2011 est.
Enacted/requested:
Budget Authority192,9413,196
Outlays192,9413,196
Legislative proposal, subject to PAYGO:
Budget Authority266
Outlays266
|
Total:
Budget Authority192,9413,462
Outlays192,9413,462
Legislative proposal, subject to PAYGO Program and Financing(in millions of dollars)Identification code 20-0935-4-1-8062009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity266
10.00Total new obligations (object class 41.0)266
Budgetary resources available for obligation:
22.00New budget authority (gross)266
23.95Total new obligations-266
New budget authority (gross), detail:
Mandatory:
60.00Appropriation266
Change in obligated balances:
73.10Total new obligations266
73.20Total outlays (gross)-266
Outlays (gross), detail:
86.97Outlays from new mandatory authority266
Net budget authority and outlays:
89.00Budget authority266
90.00Outlays266
Payment Where Earned Income Credit Exceeds Liability for Tax As provided by law, there are instances wherein the earned income tax credit (EITC) exceeds the amount of tax liability owed through the individual income tax system, resulting in an additional payment to the tax filer. The EITC 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 increased the credit amount and expanded the eligibility for the EITC.The American Recovery and Reinvestment Act of 2009 (Public Law 111-5) temporarily increases the EITC for working families with three or more children, and increases the threshold for the phase-out range for all married couples filing a joint return.Program and Financing(in millions of dollars)Identification code 20-0906-0-1-6092009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity42,41849,53947,853
10.00Total new obligations (object class 41.0)42,41849,53947,853
Budgetary resources available for obligation:
22.00New budget authority (gross)42,41849,53947,853
23.95Total new obligations-42,418-49,539-47,853
New budget authority (gross), detail:
Mandatory:
60.00Appropriation42,41849,53947,853
Change in obligated balances:
73.10Total new obligations42,41849,53947,853
73.20Total outlays (gross)-42,418-49,539-47,853
Outlays (gross), detail:
86.97Outlays from new mandatory authority42,41849,53947,853
Net budget authority and outlays:
89.00Budget authority42,41849,53947,853
90.00Outlays42,41849,53947,853
Summary of Budget Authority and Outlays(in millions of dollars)2009 actual2010 est.2011 est.
Enacted/requested:
Budget Authority42,41849,53947,853
Outlays42,41849,53947,853
Amounts included in baseline projection of current policy:
Budget Authority-583
Outlays-583
Legislative proposal, subject to PAYGO:
Budget Authority-37
Outlays-37
|
Total:
Budget Authority42,41849,53947,233
Outlays42,41849,53947,233
Amounts included in baseline projection of current policy Program and Financing(in millions of dollars)Identification code 20-0906-7-1-6092009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity-583
10.00Total new obligations (object class 41.0)-583
Budgetary resources available for obligation:
22.00New budget authority (gross)-583
23.95Total new obligations583
New budget authority (gross), detail:
Mandatory:
60.00Appropriation-583
Change in obligated balances:
73.10Total new obligations-583
73.20Total outlays (gross)583
Outlays (gross), detail:
86.97Outlays from new mandatory authority-583
Net budget authority and outlays:
89.00Budget authority-583
90.00Outlays-583
Legislative proposal, subject to PAYGO The American Recovery and Reinvestment Act of 2009 (Public Law 111-5) temporarily increased the EITC for working families with three or more children and the threshold for the phase-out range for all married couples filing a joint return. The Budget proposes to both permanently extend the provision regarding families with three or more children and eliminate the Advance Earned Income Tax Credit (AEITC). Program and Financing(in millions of dollars)Identification code 20-0906-4-1-6092009 actual2010 est.2011 est.
Obligations by program activity:
00.01ARRA Extension83
00.02Eliminate AEITC-120
10.00Total new obligations (object class 41.0)-37
Budgetary resources available for obligation:
22.00New budget authority (gross)-37
23.95Total new obligations37
24.40Unobligated balance carried forward, end of year
New budget authority (gross), detail:
Mandatory:
60.00Appropriation-37
Change in obligated balances:
73.10Total new obligations-37
73.20Total outlays (gross)37
Outlays (gross), detail:
86.97Outlays from new mandatory authority-37
Net budget authority and outlays:
89.00Budget authority-37
90.00Outlays-37
Payment Where Saver's Credit Exceeds Liability for Tax Legislative proposal, subject to PAYGO The Budget proposes to modify the Retirement Savings Contributions Credit to provide a 50 percent match on the first $1,000 of retirement savings for families that earn less than $65,000. The credit will be fully refundable. This proposal will be effective for taxable years beginning after December 31, 2010.Program and Financing(in millions of dollars)Identification code 20-0907-4-1-6092009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity570
10.00Total new obligations (object class 41.0)570
Budgetary resources available for obligation:
22.00New budget authority (gross)570
23.95Total new obligations-570
New budget authority (gross), detail:
Mandatory:
60.00Appropriation570
Change in obligated balances:
73.10Total new obligations570
73.20Total outlays (gross)-570
74.40Obligated balance, end of year
Outlays (gross), detail:
86.97Outlays from new mandatory authority570
Net budget authority and outlays:
89.00Budget authority570
90.00Outlays570
Payment Where Recovery Rebate Exceeds Liability for Tax The Economic Stimulus Act of 2008 (Public Law 110-185) allowed for the issuance of tax rebates (economic stimulus payments) to certain eligible taxpayers through December 31, 2008. This tax rebate was a one-time benefit provided to taxpayers to stimulate the economy. Additionally, in 2009 the rebate was provided to taxpayers who did not receive the full economic stimulus payment in 2008 and whose circumstances may have changed, making them eligible for some or all of the unpaid portion. No outlays are expected from this account in 2011, as the one-time program is no longer active.Program and Financing(in millions of dollars)Identification code 20-0905-0-1-6092009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity2,024
10.00Total new obligations (object class 41.0)2,024
Budgetary resources available for obligation:
22.00New budget authority (gross)2,024
23.95Total new obligations-2,024
New budget authority (gross), detail:
Mandatory:
60.00Appropriation2,024
Change in obligated balances:
73.10Total new obligations2,024
73.20Total outlays (gross)-2,024
Outlays (gross), detail:
86.97Outlays from new mandatory authority2,024
Net budget authority and outlays:
89.00Budget authority2,024
90.00Outlays2,024
Payment Where Child Credit Exceeds Liability for Tax As provided by law, there are instances wherein the child credit exceeds the amount of tax liability owed through the individual income tax system, resulting in an additional payment to the tax filer. The child credit was originally authorized by the Taxpayer Relief Act of 1997 (Public Law 105-34). The American Recovery and Reinvestment Act of 2009 (Public Law 111-5) expanded the pool of eligible low-income earners. The credit is refundable to the extent of 15 percent of an individual's earned income in excess of $3,000 for 2009 and 2010.Program and Financing(in millions of dollars)Identification code 20-0922-0-1-6092009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity24,28423,35522,491
10.00Total new obligations (object class 41.0)24,28423,35522,491
Budgetary resources available for obligation:
22.00New budget authority (gross)24,28423,35522,491
23.95Total new obligations-24,284-23,355-22,491
New budget authority (gross), detail:
Mandatory:
60.00Appropriation24,28423,35522,491
Change in obligated balances:
73.10Total new obligations24,28423,35522,491
73.20Total outlays (gross)-24,284-23,355-22,491
Outlays (gross), detail:
86.97Outlays from new mandatory authority24,28423,35522,491
Net budget authority and outlays:
89.00Budget authority24,28423,35522,491
90.00Outlays24,28423,35522,491
Summary of Budget Authority and Outlays(in millions of dollars)2009 actual2010 est.2011 est.
Enacted/requested:
Budget Authority24,28423,35522,491
Outlays24,28423,35522,491
Amounts included in baseline projection of current policy:
Budget Authority759
Outlays759
Legislative proposal, subject to PAYGO:
Budget Authority
Outlays
|
Total:
Budget Authority24,28423,35523,250
Outlays24,28423,35523,250
Amounts included in baseline projection of current policy Program and Financing(in millions of dollars)Identification code 20-0922-7-1-6092009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity759
10.00Total new obligations (object class 41.0)759
Budgetary resources available for obligation:
22.00New budget authority (gross)759
23.95Total new obligations-759
New budget authority (gross), detail:
Mandatory:
60.00Appropriation759
Change in obligated balances:
73.10Total new obligations759
73.20Total outlays (gross)-759
Outlays (gross), detail:
86.97Outlays from new mandatory authority759
Net budget authority and outlays:
89.00Budget authority759
90.00Outlays759
Legislative proposal, subject to PAYGO This account reflects the interactions between the proposals to establish automatic IRAs and expand the Child and Dependent Care Tax Credit. Payment Where Health Care Credit Exceeds Liability for Tax The Trade Act of 2002 established the Health Coverage Tax Credit (HCTC), an advanceable, refundable tax credit for a portion of the cost of qualified insurance. This credit is available to certain recipients of Trade Adjustment Assistance (TAA) and Pension Benefit Guaranty Corporation pension beneficiaries who are aged 55-64. The HCTC program was expanded by the American Recovery and Reinvestment Act of 2009 (Public Law 111-5). Increased benefits for certain HCTC eligible individuals include payment of 80 percent (up from 65 percent) of health insurance premiums, up to 24 months of coverage for qualified family members, and extension of COBRA benefits. This schedule reflects the effects of HCTC and other Administration health-related tax proposals in cases where the credit exceeds the tax liability resulting in payment to the tax filer.Program and Financing(in millions of dollars)Identification code 20-0923-0-1-5512009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity113200141
10.00Total new obligations (object class 41.0)113200141
Budgetary resources available for obligation:
22.00New budget authority (gross)113200141
23.95Total new obligations-113-200-141
New budget authority (gross), detail:
Mandatory:
60.00Appropriation113200141
Change in obligated balances:
73.10Total new obligations113200141
73.20Total outlays (gross)-113-200-141
Outlays (gross), detail:
86.97Outlays from new mandatory authority113200141
Net budget authority and outlays:
89.00Budget authority113200141
90.00Outlays113200141
Payment Where Cobra Credit Exceeds Liability for Tax COBRA gives workers who lose their jobs, and thus their health benefits, the right to purchase group health coverage provided by the plan under certain circumstances. This continuation coverage is provided pursuant to part 6 of subtitle B of title I of the Employee Retirement Income Security Act of 1974 (other than section 609), title XXII of the Public Health Service Act, section 4980B of the Internal Revenue Code of 1986 (other than under subsection (f)(1) of such section insofar as it relates to pediatric vaccines), or section 8905(a) of 5 U.S.C., or under a State program that provides comparable continuation coverage.The American Recovery and Reinvestment Act of 2009 (Public Law 111-5) treats assistance eligible individuals who pay 35 percent of their COBRA premium as having paid the full amount. The remaining 65 percent is reimbursed to the employer, insurer or health plan as a credit against certain employment taxes. This schedule reflects the cases where the credit exceeds the tax liability resulting in the payment to the tax filer.The Department of Defense Appropriation Act of 2010 (Public Law 111-118) extends the eligibility period for the COBRA Premium Assistance program from the original ending date of December 31, 2009 to February 28, 2010. The Act also extends the duration period of the taxpayers' premium assistance coverage from 9 months to 15 months.Program and Financing(in millions of dollars)Identification code 20-0936-0-1-5512009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity3131,289467
10.00Total new obligations (object class 41.0)3131,289467
Budgetary resources available for obligation:
22.00New budget authority (gross)3131,289467
23.95Total new obligations-313-1,289-467
New budget authority (gross), detail:
Mandatory:
60.00Appropriation3131,289467
Change in obligated balances:
73.10Total new obligations3131,289467
73.20Total outlays (gross)-313-1,289-467
Outlays (gross), detail:
86.97Outlays from new mandatory authority3131,289467
Net budget authority and outlays:
89.00Budget authority3131,289467
90.00Outlays3131,289467
Summary of Budget Authority and Outlays(in millions of dollars)2009 actual2010 est.2011 est.
Enacted/requested:
Budget Authority3131,289467
Outlays3131,289467
Legislative proposal, subject to PAYGO:
Budget Authority319524
Outlays319524
|
Total:
Budget Authority3131,608991
Outlays3131,608991
Legislative proposal, subject to PAYGO Program and Financing(in millions of dollars)Identification code 20-0936-4-1-5512009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity319524
10.00Total new obligations (object class 41.0)319524
Budgetary resources available for obligation:
22.00New budget authority (gross)319524
23.95Total new obligations-319-524
New budget authority (gross), detail:
Mandatory:
60.00Appropriation319524
Change in obligated balances:
73.10Total new obligations319524
73.20Total outlays (gross)-319-524
Outlays (gross), detail:
86.97Outlays from new mandatory authority319524
Net budget authority and outlays:
89.00Budget authority319524
90.00Outlays319524
Payment Where Alternative Minimum Tax Credit Exceeds Liability for Tax The Tax Relief and Health Care Act of 2006 (Public Law 109-432) allows certain taxpayers to claim a refundable credit for a portion of their unused long-term alternative minimum tax (AMT) credits each year. The Emergency Economic Stabilization Act of 2008 (Public Law 110-343) increased the AMT refundable credit portion from 20 percent to 50 percent of unused long-term minimum tax credits for the taxable year in question.Program and Financing(in millions of dollars)Identification code 20-0929-0-1-6092009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity71160455
10.00Total new obligations (object class 41.0)71160455
Budgetary resources available for obligation:
22.00New budget authority (gross)71160455
23.95Total new obligations-711-604-55
New budget authority (gross), detail:
Mandatory:
60.00Appropriation71160455
Change in obligated balances:
73.10Total new obligations71160455
73.20Total outlays (gross)-711-604-55
Outlays (gross), detail:
86.97Outlays from new mandatory authority71160455
Net budget authority and outlays:
89.00Budget authority71160455
90.00Outlays71160455
Payment Where Tax Credit to Aid First-Time Homebuyers Exceeds Liability for Tax The Housing and Economic Recovery Act of 2008 (Public Law 110-289) provided a refundable tax credit of up to $7,500 for first-time homebuyers. The credit allowed for up to 10 percent of the purchase price for qualified residences. Taxpayers who qualified were allowed a one-time credit against their income tax for principal residences purchased on or after April 9, 2008, and before July 1, 2009. They must repay the credit over a 15-year period.The American Recovery and Reinvestment Act of 2009 (Public Law 111-5) expanded and extended the credit, and also eliminated the repayment requirement. Qualifying taxpayers may claim up to $8,000 on either their 2008 or 2009 tax returns for qualifying 2009 purchases. The credit is available for qualifying purchases made between January 1, 2009 and November 30, 2009.The Worker, Homeownership, and Business Assistance Act of 2009 (Public Law 111-92) extended the application period for the first-time homebuyer credit from November 30, 2009 to April 30, 2010. The Act modifies the buyer's settlement date to June 30, 2010, if a buyer enters into a binding contract by April 30, 2010. The Act also provides a "long-time resident" credit of up to $6,500 to taxpayers who do not qualify as first-time homebuyers.This account provides resources for the portion, if any, of the refundable tax credit amount that exceeds the taxpayer's tax liability.Program and Financing(in millions of dollars)Identification code 20-0930-0-1-6042009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity9,38614,8631,093
10.00Total new obligations (object class 41.0)9,38614,8631,093
Budgetary resources available for obligation:
22.00New budget authority (gross)9,38614,8631,093
23.95Total new obligations-9,386-14,863-1,093
New budget authority (gross), detail:
Mandatory:
60.00Appropriation9,38614,8631,093
Change in obligated balances:
73.10Total new obligations9,38614,8631,093
73.20Total outlays (gross)-9,386-14,863-1,093
Outlays (gross), detail:
86.97Outlays from new mandatory authority9,38614,8631,093
Net budget authority and outlays:
89.00Budget authority9,38614,8631,093
90.00Outlays9,38614,8631,093
Payment Where Certain Tax Credits Exceed Liability for Corporate Tax The Housing and Economic Recovery Act of 2008 (Public Law 110-289) allows certain businesses to accelerate the recognition of a portion of their historic AMT or research and development (R&D) credits in lieu of taking bonus depreciation. The amount is capped at the lesser of $30 million or 6 percent of historic AMT and R&D credits. The American Recovery and Reinvestment Act of 2009 (Public Law 111-5) extended this temporary benefit through 2009.Program and Financing(in millions of dollars)Identification code 20-0931-0-1-3762009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity2450
10.00Total new obligations (object class 41.0)2450
Budgetary resources available for obligation:
22.00New budget authority (gross)2450
23.95Total new obligations-24-50
New budget authority (gross), detail:
Mandatory:
60.00Appropriation2450
Change in obligated balances:
73.10Total new obligations2450
73.20Total outlays (gross)-24-50
Outlays (gross), detail:
86.97Outlays from new mandatory authority2450
Net budget authority and outlays:
89.00Budget authority2450
90.00Outlays2450
Payment Where Tax Credit for Certain Government Retirees Exceeds Liability for Tax The American Recovery and Reinvestment Act of 2009 (Public Law 111-5) allows certain federal and state retirees to claim a one-time refundable credit of up to $250 ($500 in the case of a joint return where both spouses are eligible individuals). Program and Financing(in millions of dollars)Identification code 20-0942-0-1-6022009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity100
10.00Total new obligations (object class 41.0)100
Budgetary resources available for obligation:
22.00New budget authority (gross)100
23.95Total new obligations-100
New budget authority (gross), detail:
Mandatory:
60.00Appropriation100
Change in obligated balances:
73.10Total new obligations100
73.20Total outlays (gross)-100
Outlays (gross), detail:
86.97Outlays from new mandatory authority100
Net budget authority and outlays:
89.00Budget authority100
90.00Outlays100
Summary of Budget Authority and Outlays(in millions of dollars)2009 actual2010 est.2011 est.
Enacted/requested:
Budget Authority100
Outlays100
Legislative proposal, subject to PAYGO:
Budget Authority100
Outlays100
|
Total:
Budget Authority100100
Outlays100100
Legislative proposal, subject to PAYGO Program and Financing(in millions of dollars)Identification code 20-0942-4-1-6022009 actual2010 est.2011 est.
Obligations by program activity:
00.01ERP100
10.00Total new obligations (object class 41.0)100
Budgetary resources available for obligation:
22.00New budget authority (gross)100
23.95Total new obligations-100
New budget authority (gross), detail:
Mandatory:
60.00Appropriation100
Change in obligated balances:
73.10Total new obligations100
73.20Total outlays (gross)-100
Outlays (gross), detail:
86.97Outlays from new mandatory authority100
Net budget authority and outlays:
89.00Budget authority100
90.00Outlays100
Payment Where Making Work Pay Credit Exceeds Liability for Tax The American Recovery and Reinvestment Act of 2009 (Public Law 111-5) allows certain taxpayers to claim a refundable Making Work Pay tax credit of 6.2 percent of earned income, up to $400 for single taxpayers and up to $800 for married couples filing joint returns. The refundable credit phases out for high-income taxpayers. The Making Work Pay credit is claimed by taxpayers when they file their 2009 and 2010 returns, and in order to accelerate the credit, it is being delivered in small increments through reduced payroll withholding. The 2011 Budget proposes to extend this credit for one year.Program and Financing(in millions of dollars)Identification code 20-0933-0-1-6092009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity66320,47620,726
10.00Total new obligations (object class 41.0)66320,47620,726
Budgetary resources available for obligation:
22.00New budget authority (gross)66320,47620,726
23.95Total new obligations-663-20,476-20,726
New budget authority (gross), detail:
Mandatory:
60.00Appropriation66320,47620,726
Change in obligated balances:
73.10Total new obligations66320,47620,726
73.20Total outlays (gross)-663-20,476-20,726
Outlays (gross), detail:
86.97Outlays from new mandatory authority66320,47620,726
Net budget authority and outlays:
89.00Budget authority66320,47620,726
90.00Outlays66320,47620,726
Summary of Budget Authority and Outlays(in millions of dollars)2009 actual2010 est.2011 est.
Enacted/requested:
Budget Authority66320,47620,726
Outlays66320,47620,726
Legislative proposal, subject to PAYGO:
Budget Authority703
Outlays703
|
Total:
Budget Authority66320,47621,429
Outlays66320,47621,429
Legislative proposal, subject to PAYGO Program and Financing(in millions of dollars)Identification code 20-0933-4-1-6092009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity703
10.00Total new obligations (object class 41.0)703
Budgetary resources available for obligation:
22.00New budget authority (gross)703
23.95Total new obligations-703
New budget authority (gross), detail:
Mandatory:
60.00Appropriation703
Change in obligated balances:
73.10Total new obligations703
73.20Total outlays (gross)-703
Outlays (gross), detail:
86.97Outlays from new mandatory authority703
Net budget authority and outlays:
89.00Budget authority703
90.00Outlays703
Payment Where American Opportunity Credit Exceeds Liability for TAX The American Recovery and Reinvestment Act of 2009 (Public Law 111-5) allows certain taxpayers to claim a refundable Hope Scholarship Credit for qualifying higher education expenses. Up to 40 percent of the credit is refundable. The credit applies dollar-for-dollar to the first $2,000 of qualified tuition, fees and course materials paid by the taxpayer, and applies at a rate of 25 percent to the next $2,000 in qualified tuition, fees and course materials for a total credit of up to $2,500. This tax credit is subject to a phase-out for high-income taxpayers. The 2011 Budget proposes to extend this credit.Program and Financing(in millions of dollars)Identification code 20-0932-0-1-5022009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity1,9332,087
10.00Total new obligations (object class 41.0)1,9332,087
Budgetary resources available for obligation:
22.00New budget authority (gross)1,9332,087
23.95Total new obligations-1,933-2,087
New budget authority (gross), detail:
Mandatory:
60.00Appropriation1,9332,087
Change in obligated balances:
73.10Total new obligations1,9332,087
73.20Total outlays (gross)-1,933-2,087
Outlays (gross), detail:
86.97Outlays from new mandatory authority1,9332,087
Net budget authority and outlays:
89.00Budget authority1,9332,087
90.00Outlays1,9332,087
Legislative proposal, subject to PAYGO Refunding Internal Revenue Collections, Interest 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. Program and Financing(in millions of dollars)Identification code 20-0904-0-1-9082009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity2,4183,2323,646
10.00Total new obligations (object class 43.0)2,4183,2323,646
Budgetary resources available for obligation:
22.00New budget authority (gross)2,4183,2323,646
23.95Total new obligations-2,418-3,232-3,646
New budget authority (gross), detail:
Mandatory:
60.00Appropriation2,4183,2323,646
Change in obligated balances:
73.10Total new obligations2,4183,2323,646
73.20Total outlays (gross)-2,418-3,232-3,646
Outlays (gross), detail:
86.97Outlays from new mandatory authority2,4183,2323,646
Net budget authority and outlays:
89.00Budget authority2,4183,2323,646
90.00Outlays2,4183,2323,646
IRS Miscellaneous Retained Fees The Treasury, Postal Service and General Government Appropriations Act of 1995 permitted the Internal Revenue Service to establish new fees or raise existing fees for certain services provided by the IRS where such fees are authorized by another law. The Secretary of the Treasury may spend the new or increased fee receipts to supplement appropriations made available to the Internal Revenue Service appropriations accounts in fiscal years 1995 and thereafter. Funds in this account are transferred to other IRS appropriations accounts for expenditure.Special and Trust Fund Receipts(in millions of dollars)Identification code 20-5432-0-2-8032009 actual2010 est.2011 est.
01.00Balance, start of year
01.99Balance, start of year
Receipts:
02.00Enrolled Agent Fee Increase, IRS Miscellaneous Retained Fees767
02.20New Installment Agreements, IRS Miscellaneous Retained Fees131120121
02.21Restructured Installment Agreements, IRS Miscellaneous Retained Fees272929
02.22General User Fees, IRS Miscellaneous Retained Fees736461
02.99Total receipts and collections238219218
04.00Total: Balances and collections238219218
Appropriations:
05.00IRS Miscellaneous Retained Fees-238-219-218
05.99Total appropriations-238-219-218
07.99Balance, end of year
Program and Financing(in millions of dollars)Identification code 20-5432-0-2-8032009 actual2010 est.2011 est.
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year70143205
22.00New budget authority (gross)143205218
22.21Unobligated balance transferred to other accounts-70-143-194
23.90Total budgetary resources available for obligation143205229
24.40Unobligated balance carried forward, end of year143205229
New budget authority (gross), detail:
Mandatory:
60.20Appropriation (special fund)238219218
61.00Transferred to other accounts-95-14
62.50Appropriation (total mandatory)143205218
Net budget authority and outlays:
89.00Budget authority143205218
90.00Outlays
Gifts to the United States for Reduction of the Public Debt As provided by law (31 U.S.C. 3113), the Secretary of the Treasury is authorized to accept conditional gifts to the United States for the purpose of reducing the public debt.Special and Trust Fund Receipts(in millions of dollars)Identification code 20-5080-0-2-8082009 actual2010 est.2011 est.
01.00Balance, start of year
01.99Balance, start of year
Receipts:
02.20Gifts to the United States for Reduction of the Public Debt322
02.99Total receipts and collections322
04.00Total: Balances and collections322
Appropriations:
05.00Gifts to the United States for Reduction of the Public Debt-3-2-2
05.99Total appropriations-3-2-2
07.99Balance, end of year
Program and Financing(in millions of dollars)Identification code 20-5080-0-2-8082009 actual2010 est.2011 est.
New budget authority (gross), detail:
Mandatory:
60.20Appropriation (special fund)322
60.47Portion applied to repay debt-3-2-2
62.50Appropriation (total mandatory)
Net budget authority and outlays:
89.00Budget authority
90.00Outlays
Private Collection Agent Program The American Jobs Creation Act of 2004 (Public Law 108-357) allows the IRS to use private collection contractors to supplement its own collection staff efforts to ensure that all taxpayers pay what they owe. The IRS used this authority to contract with several private debt collection agencies starting in 2006. In March 2009, the IRS allowed its private debt collection contracts to expire, thereby administratively terminating the program.Special and Trust Fund Receipts(in millions of dollars)Identification code 20-5510-0-2-8032009 actual2010 est.2011 est.
01.00Balance, start of year
01.99Balance, start of year
Receipts:
02.00Private Collection Agent Program10
02.99Total receipts and collections10
04.00Total: Balances and collections10
Appropriations:
05.00Private Collection Agent Program-10
05.99Total appropriations-10
07.99Balance, end of year
Program and Financing(in millions of dollars)Identification code 20-5510-0-2-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Collection Enforcement Activities1104
00.02Payments to Private Collection Agencies5
10.00Total new obligations (object class 25.2)6104
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year10144
22.00New budget authority (gross)10
23.90Total budgetary resources available for obligation20144
23.95Total new obligations-6-10-4
24.40Unobligated balance carried forward, end of year144
New budget authority (gross), detail:
Mandatory:
60.20Appropriation (special fund)10
Change in obligated balances:
72.40Obligated balance, start of year13
73.10Total new obligations6104
73.20Total outlays (gross)-7-7
74.40Obligated balance, end of year37
Outlays (gross), detail:
86.97Outlays from new mandatory authority5
86.98Outlays from mandatory balances27
87.00Total outlays (gross)77
Net budget authority and outlays:
89.00Budget authority10
90.00Outlays77
As provided by law (26 U.S.C. 7623), the Secretary of the Treasury 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). This provision was further amended by the Tax Relief and Health Care Act of 2006 (Public Law 109-432) to encourage use of the program. A reward payment typically ranges between 15 and 30 percent of the collected proceeds for cases involving high- income non-compliant taxpayers. Lower payments are allowed if information is provided that was already available from another source. Special and Trust Fund Receipts(in millions of dollars)Identification code 20-5433-0-2-8032009 actual2010 est.2011 est.
01.00Balance, start of year
01.99Balance, start of year
Receipts:
02.40Underpayment and Fraud Collection55050
02.99Total receipts and collections55050
04.00Total: Balances and collections55050
Appropriations:
05.00Informant Payments-5-50-50
05.99Total appropriations-5-50-50
07.99Balance, end of year
Program and Financing(in millions of dollars)Identification code 20-5433-0-2-8032009 actual2010 est.2011 est.
Obligations by program activity:
00.01Informant Payments55050
10.00Total new obligations (object class 91.0)55050
Budgetary resources available for obligation:
22.00New budget authority (gross)55050
23.95Total new obligations-5-50-50
New budget authority (gross), detail:
Mandatory:
60.20Appropriation (special fund)55050
Change in obligated balances:
73.10Total new obligations55050
73.20Total outlays (gross)-5-50-50
Outlays (gross), detail:
86.97Outlays from new mandatory authority55050
Net budget authority and outlays:
89.00Budget authority55050
90.00Outlays55050
Federal Tax Lien Revolving Fund 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 in 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 lien-holder'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 is 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.Program and Financing(in millions of dollars)Identification code 20-4413-0-3-8032009 actual2010 est.2011 est.
Obligations by program activity:
09.01Reimbursable program688
10.00Total new obligations (object class 32.0)688
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year555
22.00New budget authority (gross)688
23.90Total budgetary resources available for obligation111313
23.95Total new obligations-6-8-8
24.40Unobligated balance carried forward, end of year555
New budget authority (gross), detail:
Mandatory:
69.00Offsetting collections (cash)688
Change in obligated balances:
72.40Obligated balance, start of year111
73.10Total new obligations688
73.20Total outlays (gross)-6-8-8
74.40Obligated balance, end of year111
Outlays (gross), detail:
86.97Outlays from new mandatory authority133
86.98Outlays from mandatory balances555
87.00Total outlays (gross)688
Offsets:
Against gross budget authority and outlays:
88.40Offsetting collections (cash) from: Non-Federal sources-6-8-8
Net budget authority and outlays:
89.00Budget authority
90.00Outlays
Internal Revenue Service Oversight Board 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 provide an annual budget request for the Internal Revenue Service. The Oversight Board's 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 2011 Oversight Board budget recommendation for the Internal Revenue Service is $13,495 million. ADMINISTRATIVE PROVISIONS administrative provisions_internal revenue service(including transfer of funds)101 Not to exceed 5 percent of any appropriation made available in this Act to the Internal Revenue Service or not to exceed 3 percent of appropriations under the heading "Enforcement'' may be transferred to any other Internal Revenue Service appropriation upon the advance approval notification of the Committees on Appropriations.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 taxpayers, and in cross-cultural relations.103 The Internal Revenue Service shall institute and enforce policies and procedures that will safeguard the confidentiality of taxpayer information.104 Funds made available by this or any other Act to the Internal Revenue Service shall be available for improved facilities and increased staffing 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.105 Of the funds made available by this Act to the Internal Revenue Service, not less than $7,100,000,000 $8,235,000,000 shall be available only for tax enforcement. In addition, of the funds made available by this Act to the Internal Revenue Service, and subject to the same terms and conditions, $890,000,000, of which not less than $1,115,000,000 shall be available for additional and/or enhanced tax law enforcement, to be expended subject to the periods of availability applicable under each account.106 None of the funds made available in this Act may be used to enter into, renew, extend, administer, implement, enforce, or provide oversight of any qualified tax collection contract (as defined in section 6306 of the Internal Revenue Code of 1986). (Department of the Treasury Appropriations Act, 2010.) Comptroller of the Currency The Office of the Comptroller of the Currency (OCC) was created for the purpose of establishing and regulating a national banking system. The National Currency Act of 1863 (12 U.S.C. 1 et seq., 12 Stat. 665), rewritten and reenacted as the National Bank Act of 1864, provided for the chartering and supervising functions of OCC. The income of the bureau is derived principally from assessments paid by national banks and interest on investments in U.S. Government securities. OCC receives no appropriated funds from Congress.OCC charters new banking institutions only after investigation and due consideration of charter applications. Supervision of existing national banks is aided by the required submission of periodic reports and detailed onsite examinations, which are conducted by a staff of approximately 2,100 national bank examiners. As of September 30, 2009, OCC supervised approximately 1,564 institutions with national charters and 51 Federal branches with total assets of nearly $8.3 trillion. In addition, OCC considers applications for mergers in which the resulting bank will be a national bank and applications from banks to establish branches. OCC also promulgates rules and regulations for the guidance of national banks and bank directors.Information regarding the Administration's comprehensive regulatory reform proposal is provided in the Analytical Perspectives Volume.Program and Financing(in millions of dollars)Identification code 20-8413-0-8-3732009 actual2010 est.2011 est.
Obligations by program activity:
09.00Bank supervision716792831
10.00Total new obligations716792831
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year734793828
22.00New budget authority (gross)775827873
23.90Total budgetary resources available for obligation1,5091,6201,701
23.95Total new obligations-716-792-831
24.40Unobligated balance carried forward, end of year793828870
New budget authority (gross), detail:
Mandatory:
69.00Offsetting collections (cash)775827873
Change in obligated balances:
72.40Obligated balance, start of year162174199
73.10Total new obligations716792831
73.20Total outlays (gross)-704-767-806
74.40Obligated balance, end of year174199224
Outlays (gross), detail:
86.97Outlays from new mandatory authority618767806
86.98Outlays from mandatory balances86
87.00Total outlays (gross)704767806
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.20Interest on Federal securities-13-27-28
88.40Non-Federal sources: Assessments-762-800-845
88.90Total, offsetting collections (cash)-775-827-873
Net budget authority and outlays:
89.00Budget authority
90.00Outlays-71-60-67
Memorandum (non-add) entries:
92.01Total investments, start of year: Federal securities: Par value8979651,025
92.02Annual Measure:9651,0251,092
Object Classification(in millions of dollars)Identification code 20-8413-0-8-3732009 actual2010 est.2011 est.
Reimbursable obligations:
Personnel compensation:
11.1Full-time permanent348388405
11.3Other than full-time permanent999
11.5Other personnel compensation222
11.9Total personnel compensation359399416
12.1Civilian personnel benefits125138146
21.0Travel and transportation of persons455255
22.0Transportation of things333
23.1Rental payments to GSA333
23.2Rental payments to others363739
23.3Communications, utilities, and miscellaneous charges111213
24.0Printing and reproduction111
25.2Other services98121127
26.0Supplies and materials477
31.0Equipment171314
32.0Land and structures1467
99.9Total new obligations716792831
Employment SummaryIdentification code 20-8413-0-8-3732009 actual2010 est.2011 est.
Reimbursable:
2001Civilian full-time equivalent employment3,1043,2163,263
Office of Thrift Supervision Office of Thrift Supervision The Office of Thrift Supervision (OTS) was established by Congress as a bureau of the Department of the Treasury as part of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (12 U.S.C. 1811 note). OTS assumed the regulatory functions of the Federal Home Loan Bank Board dissolved by the same act. OTS charters, examines, supervises, and regulates federal savings associations insured by the Federal Deposit Insurance Corporation (FDIC). OTS also examines, supervises, and regulates state-chartered, FDIC-insured savings associations and provides for the registration, examination, and regulation of savings association affiliates and holding companies. OTS sets capital standards for Federal and State savings associations and reviews applications of state-chartered thrifts for conversion to federal thrifts.OTS receives no appropriated funds from Congress. Income of the bureau is derived principally from assessments on thrifts and holding companies, examination fees, and interest on investments in U.S. Government obligations. As of September 30, 2009, the OTS regulated 780 thrifts with total assets of $1.07 trillion. The OTS also supervises 452 holding company enterprises with approximately $5.5 trillion in U.S. domiciled consolidated assets. These enterprises owned 413 thrifts with total assets of $729 billion, or 68 percent of total thrift industry assets.Information regarding the Administration's comprehensive regulatory reform proposal is provided in the Analytical Perspectives Volume.Program and Financing(in millions of dollars)Identification code 20-4108-0-3-3732009 actual2010 est.2011 est.
Obligations by program activity:
09.01Office of Thrift Supervision234251245
10.00Total new obligations234251245
Budgetary resources available for obligation:
21.40Unobligated balance carried forward, start of year292309287
22.00New budget authority (gross)247226230
22.10Resources available from recoveries of prior year obligations433
23.90Total budgetary resources available for obligation543538520
23.95Total new obligations-234-251-245
24.40Unobligated balance carried forward, end of year309287275
New budget authority (gross), detail:
Mandatory:
69.00Offsetting collections (cash)247226230
Change in obligated balances:
72.40Obligated balance, start of year444239
73.10Total new obligations234251245
73.20Total outlays (gross)-232-251-245
73.45Recoveries of prior year obligations-4-3-3
74.40Obligated balance, end of year423936
Outlays (gross), detail:
86.97Outlays from new mandatory authority207226230
86.98Outlays from mandatory balances252515
87.00Total outlays (gross)232251245
Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00Federal sources-5-6-6
88.20Interest on Federal securities-2-4-4
88.40Non-Federal sources5-1-1
88.45Offsetting governmental collections (from non-Federal sources)-245-215-219
88.90Total, offsetting collections (cash)-247-226-230
Net budget authority and outlays:
89.00Budget authority
90.00Outlays-152515
Memorandum (non-add) entries:
92.01Total investments, start of year: Federal securities: Par value337352318
92.02Total investments, end of year: Federal securities: Par value352318300
Object Classification(in millions of dollars)Identification code 20-4108-0-3-3732009 actual2010 est.2011 est.
Reimbursable obligations:
Personnel compensation:
11.1Full-time permanent127122118
11.3Other than full-time permanent178
11.9Total personnel compensation128129126
12.1Civilian personnel benefits516160
21.0Travel and transportation of persons182019
23.2Rental payments to others455
23.3Communications, utilities, and miscellaneous charges566
25.1Advisory and assistance services333
25.2Other services765
25.3Other purchases of goods and services from Government accounts566
25.4Operation and maintenance of facilities577
26.0Supplies and materials333
31.0Equipment444
32.0Land and structures111
99.9Total new obligations234251245
Employment SummaryIdentification code 20-4108-0-3-3732009 actual2010 est.2011 est.
Reimbursable:
2001Civilian full-time equivalent employment1,0511,0651,082
Interest on the Public Debt Interest Paid to Trust Fund Receipt Accounts - Shadow Account Amounts included in baseline projection of current policy Legislative proposal, not subject to PAYGO Legislative proposal, subject to PAYGO Interest Paid to Expenditure Accounts - Shadow Account Legislative proposal, not subject to PAYGO Legislative proposal, subject to PAYGO Interest Paid to Federal Fund Receipt Accounts - Shadow Account Legislative proposal, not subject to PAYGO Legislative proposal, subject to PAYGO Interest on Treasury Debt Securities (gross) 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 for all other types of securities.Program and Financing(in millions of dollars)Identification code 20-0550-0-1-9012009 actual2010 est.2011 est.
Obligations by program activity:
00.01Interest on Treasury Securities383,073425,221499,739
10.00Total new obligations (object class 43.0)383,073425,221499,739
Budgetary resources available for obligation:
22.00New budget authority (gross)383,073425,221499,739
23.95Total new obligations-383,073-425,221-499,739
New budget authority (gross), detail:
Mandatory:
60.00Appropriation383,073425,221499,739
Change in obligated balances:
73.10Total new obligations383,073425,221499,739
73.20Total outlays (gross)-383,073-425,221-499,739
Outlays (gross), detail:
86.97Outlays from new mandatory authority383,073425,221499,739
Net budget authority and outlays:
89.00Budget authority383,073425,221499,739
90.00Outlays383,073425,221499,739
Amounts included in baseline projection of current policy Program and Financing(in millions of dollars)Identification code 20-0550-7-1-9012009 actual2010 est.2011 est.
Obligations by program activity:
00.01Direct program activity-94-692
10.00Total new obligations-94-692
Budgetary resources available for obligation:
22.00New budget authority (gross)-94-692
23.95Total new obligations94692
New budget authority (gross), detail:
Mandatory:
60.00Appropriation-94-692
Change in obligated balances:
73.10Total new obligations-94-692
73.20Total outlays (gross)94692
Outlays (gross), detail:
86.97Outlays from new mandatory authority-94-692
Net budget authority and outlays:
89.00Budget authority-94-692
90.00Outlays-94-692
Legislative proposal, not subject to PAYGO Program and Financing(in millions of dollars)Identification code 20-0550-2-1-9012009 actual2010 est.2011 est.
Obligations by program activity:
00.01Interest on Treasury Securities78
10.00Total new obligations (object class 43.0)78
Budgetary resources available for obligation:
22.00New budget authority (gross)78
23.95Total new obligations-78
New budget authority (gross), detail:
Mandatory:
60.00Appropriation78
Change in obligated balances:
73.10Total new obligations78
73.20Total outlays (gross)-78
Outlays (gross), detail:
86.97Outlays from new mandatory authority78
Net budget authority and outlays:
89.00Budget authority78
90.00Outlays78
Legislative proposal, subject to PAYGO GENERAL FUND RECEIPT ACCOUNTS (in millions of dollars)2009 actual2010 est.2011 est.
Governmental receipts:
10-086400Filing Fees, P.L. 109-171, Title X: Enacted/requested725454
20-015800Transportation Fuels Tax: Enacted/requested-10,324-7,541-1,760
Legislative proposal, subject to PAYGO-831-6,259
20-065000Deposit of Earnings, Federal Reserve System: Enacted/requested34,31877,08379,341
20-085000Registration, Filing, and Transaction Fees: Enacted/requested4
20-086900Fees for Legal and Judicial Services, not Otherwise Classified: Enacted/requested715656
20-089100Miscellaneous Fees for Regulatory and Judicial Services, not Otherwise Classified: Enacted/requested977
20-101000Fines, Penalties, and Forfeitures, Agricultural Laws: Enacted/requested522
20-103000Fines, Penalties, and Forfeitures, Immigration and Labor Laws: Enacted/requested808080
20-104000Fines, Penalties, and Forfeitures, Customs, Commerce, and Antitrust Laws: Enacted/requested125120120
20-105000Fines, Penalties, and Forfeitures, Narcotic Prohibition and Alcohol Laws: Enacted/requested4266
20-106000Forfeitures of Unclaimed Money and Property: Enacted/requested51111
20-108000Fines, Penalties, and Forfeitures, Federal Coal Mine Health and Safety Laws: Enacted/requested632525
20-241100User Fees for IRS: Enacted/requested442725
20-249200Premiums, Terrorism Risk Insurance Program: Enacted/requested88
Legislative proposal, subject to PAYGO
20-309200Recovery from Highway Trust Fund for Refunds of Taxes: Enacted/requested1,0461,0511,079
20-309400Recovery from Airport and Airway Trust Fund for Refunds of Taxes: Enacted/requested11097103
20-309500Recovery from Leaking Underground Storage Tank Trust Fund for Refunds of Taxes, EPA: Enacted/requested55
20-309990Refunds of Moneys Erroneously Received and Recovered (20X1807): Enacted/requested-71-75-106
95-109900Fines, Penalties, and Forfeitures, not Otherwise Classified: Enacted/requested1,088603603
99-011050Individual Income Taxes: Enacted/requested915,253968,9501,332,737
Legislative proposal, not subject to PAYGO1,38034,662
Legislative proposal, subject to PAYGO-17,033-39,577
Amounts included in baseline projection of current policy-17,576-206,576
99-011100Corporation Income and Excess Profits Taxes: Enacted/requested138,229175,475292,398
Legislative proposal, not subject to PAYGO-36-65
Legislative proposal, subject to PAYGO-19,0403,656
Amounts included in baseline projection of current policy342150
99-015250Other Federal Fund Excise Taxes: Enacted/requested-1,853-62-582
99-015300Estate and Gift Taxes: Enacted/requested23,48217,83716,340
Legislative proposal, subject to PAYGO40815
Amounts included in baseline projection of current policy-8667,880
99-015500Tobacco Excise Tax: Enacted/requested12,84117,39116,895
99-015600Alcohol Excise Tax: Enacted/requested9,9039,9839,902
Legislative proposal, subject to PAYGO-66-91
99-015700Telephone Excise Tax: Enacted/requested1,115879629
99-031050Other Federal Fund Customs Duties: Enacted/requested13,66314,40417,554
Legislative proposal, subject to PAYGO-37-1,164
General Fund Governmental receipts1,139,3201,222,7451,559,043
|
Offsetting receipts from the public:
20-129900Gifts to the United States, not Otherwise Classified: Enacted/requested411
20-143500General Fund Proprietary Interest Receipts, not Otherwise Classified: Enacted/requested62222
20-145000Interest Payments from States, Cash Management Improvement: Enacted/requested364038
20-146310Interest on Quota in International Monetary Fund: Enacted/requested404040
20-148400Interest on Deposits in Tax and Loan Accounts: Enacted/requested4015279
20-149900Interest Received from Credit Financing Accounts: Enacted/requested26,04458,22659,406
20-276330Community Development Financial Institutions Fund, Downward Re-estimate of Subsidies: Enacted/requested6
20-279010GSE Mortgage-Backed Securities Direct Loans, Negative Subsidies: Enacted/requested4,5001,488
20-279030GSE Mortgage-Backed Securities Direct Loans, Downward Reestimates of Subsidies: Enacted/requested8,391
20-279210Troubled Asset Relief Program, Negative Subsidies: Enacted/requested2,7203,09222
20-279230Troubled Asset Relief Program, Downward Reestimates of Subsidies: Enacted/requested114,531
20-289400Proceeds, GSE Equity Related Transactions: Enacted/requested4,33612,25417,565
20-322000All Other General Fund Proprietary Receipts: Enacted/requested783783783
20-387500Budget Clearing Account (suspense): Enacted/requested-279
General Fund Offsetting receipts from the public38,230198,88978,156
|
Intragovernmental payments:
14-142400Interest on Investment, Colorado River Projects: Enacted/requested1944
14-142700Interest on Advances to Colorado River Dam Fund, Boulder Canyon Project: Enacted/requested111111
20-133700Interest on Loans to the Helium Fund, Department of Interior: Enacted/requested65108113
20-133800Interest on Loans to the Presidio: Enacted/requested333
20-135000Interest on Loans to the Secretary of Transportation, Ocean Freight Differential: Enacted/requested111
20-135100Interest on Loans to BPA: Enacted/requested195280301
20-136100Interest on Loans to the Secretary of Transportation, Railroad Rehabilitation and Improvement Fund: Enacted/requested1
20-136300Interest on Loans for College Housing and Academic Facilities Loans, Education: Enacted/requested566
20-140100Interest on Loans to Commodity Credit Corporation: Enacted/requested312798
20-141800Interest on Loans to Federal Financing Bank: Enacted/requested5821,1392,153
20-143300Interest on Loans to National Flood Insurance Fund, DHS: Enacted/requested657126227
20-149500Interest Payments on Repayable Advances to the Black Lung Disability Trust Fund: Enacted/requested191122
20-149700Payment of Interest on Advances to the Railroad Retirement Board: Enacted/requested171144172
20-241600Charges for Administrative Expenses of Social Security Act As Amended: Enacted/requested1,1491,0191,050
20-289600Excess of Proceeds from Debt Obligations Issued by the Black Lung Disability Trust Fund and the Market Value of Outstanding Repayable Advances: Enacted/requested2,496
20-310100Recoveries from Federal Agencies for Settlement of Claims for Contract Disuptes: Enacted/requested92
20-311200Reimbursement from Federal Agencies for Payments Made As a Result of Discriminatory Conduct: Enacted/requested202020
20-320000Receivables from Cancelled Accounts: Enacted/requested11
20-388500Undistributed Intragovernmental Payments and Receivables from Cancelled Accounts: Enacted/requested-150
73-142800Interest on Advances to Small Business Administration: Enacted/requested322
General Fund Intragovernmental payments5,3702,9024,184
ADMINISTRATIVE PROVISIONS Administrative Provisions_Department of the Treasury(including transfers of funds)107 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. 3109.108 Not to exceed 2 percent of any appropriations in this Act made available to the Departmental Offices--Salaries and Expenses, Office of Inspector General, Financial Management Service, Alcohol and Tobacco Tax and Trade Bureau, Financial Crimes Enforcement Network, and Bureau of the Public Debt, may be transferred between such appropriations upon the advance approval of notification to the Committees on Appropriations: Provided, That no transfer may increase or decrease any such appropriation by more than 2 percent.109 Not to exceed 2 percent of any appropriation made available in this Act to the Internal Revenue Service may be transferred to the Treasury Inspector General for Tax Administration's appropriation upon the advance approval of notification to the Committees on Appropriations: Provided, That no transfer may increase or decrease any such appropriation by more than 2 percent.110 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.111 None of the funds appropriated in this Act or otherwise available to the Department of the Treasury or the Bureau of Engraving and Printing may be used to redesign the $1 Federal Reserve note.112 The Secretary of the Treasury may transfer funds from Financial Management Service, Salaries and Expenses to the Debt Collection Fund as necessary to cover the costs of debt collection: Provided, That such amounts shall be reimbursed to such salaries and expenses account from debt collections received in the Debt Collection Fund.113 Section 122(g)(1) of Public Law 105-119 (5 U.S.C. 3104 note), is further amended by striking " 11 12 years'' and inserting " 12 13 years''.114 None of the funds appropriated or otherwise made available by this or any other Act may be used by the United States Mint to construct or operate any museum without the explicit approval of the Committees on Appropriations of the House of Representatives and the Senate, the House Committee on Financial Services, and the Senate Committee on Banking, Housing and Urban Affairs.115 None of the funds appropriated or otherwise made available by this or any other Act or source to the Department of the Treasury, the Bureau of Engraving and Printing, and the United States Mint, individually or collectively, may be used to consolidate any or all functions of the Bureau of Engraving and Printing and the United States Mint without the explicit approval of the House Committee on Financial Services; the Senate Committee on Banking, Housing, and Urban Affairs; the House Committee on Appropriations; and the Senate Committee on Appropriations.116114 Funds appropriated by this Act, or made available by the transfer of funds in this Act, for the Department of the Treasury's intelligence or intelligence related activities are deemed to be specifically authorized by the Congress for purposes of section 504 of the National Security Act of 1947 (50 U.S.C. 414) during fiscal year 2010 2011 until the enactment of the Intelligence Authorization Act for Fiscal Year 2010 2011.117115 Not to exceed $5,000 shall be made available from the Bureau of Engraving and Printing's Industrial Revolving Fund for necessary official reception and representation expenses. 116Section 5114(c) of Title 31, United States Code (relating to engraving and printing currency and security documents), is amended by striking "for a period of not more than 4 years".117aSection 5112 of Title 31, United States Code, is amended as follows:1Subsection (a)(2) is amended by striking "and weighs 11.34 grams".2Subsection (a)(3) is amended by striking "and weighs 5.67 grams".3Subsection (a)(4) is amended by striking "and weighs 2.268 grams".4Subsection (a)(5) is amended by striking "and weighs 5 grams".5Subsection (a)(6) is amended by --AStriking "except as provided under subsection (c) of this section,"; andBStriking "and weighs 3.11 grams".6Subsection (b) is amended by striking the first, second, third, fourth, sixth, seventh, and eighth sentences.7Subsection (c) is amended to read as follows: "The Secretary shall prescribe the weight and the composition of the dollar, half-dollar, quarter-dollar, dime, 5-cent, and one-cent coins. In addition, the Secretary shall consider such factors that the Secretary deems, in the Secretary's sole discretion, to be appropriate.".bSection 5113(a) of Title 31, United States Code, is amended by -- 1Striking "and" and inserting after "dime", ", 5-cent, and one-cent"; and2Striking the second and third sentences.118Section 3716(h)(3) of Title 31, United States Code, is amended by inserting ", other than past-due support being enforced by a State" after "State".(Department of the Treasury Appropriations Act, 2010.) TITLE VI_GENERAL PROVISIONS_THIS ACT 601 None of the funds in this Act shall be used for the planning or execution of any program to pay the expenses of, or otherwise compensate, non-Federal parties intervening in regulatory or adjudicatory proceedings funded in this Act.602 None of the funds appropriated in this Act shall remain available for obligation beyond the current fiscal year, nor may any be transferred to other appropriations, unless expressly so provided herein.603 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.604 None of the funds made available in this Act may be transferred to any department, agency, or instrumentality of the United States Government, except pursuant to a transfer made by, or transfer authority provided in, this Act or any other appropriations Act.605604 None of the funds made available by this Act shall be available for any activity or for paying the salary of any Government employee where funding an activity or paying a salary to a Government employee would result in a decision, determination, rule, regulation, or policy that would prohibit the enforcement of section 307 of the Tariff Act of 1930 (19 U.S.C. 1307).606605 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 the Buy American Act (41 U.S.C. 10a-10c).607606 No funds appropriated or otherwise made available under this Act shall be made available to any person or entity that has been convicted of violating the Buy American Act (41 U.S.C. 10a-10c).608 Except as otherwise provided in this Act, none of the funds provided in this Act, provided by previous appropriations Acts to the agencies or entities funded in this Act that remain available for obligation or expenditure in fiscal year 2010, or provided from any accounts in the Treasury derived by the collection of fees and available to the agencies funded by this Act, shall be available for obligation or expenditure through a reprogramming of funds that: (1) creates a new program; (2) eliminates a program, project, or activity; (3) increases funds or personnel for any program, project, or activity for which funds have been denied or restricted by the Congress; (4) proposes to use funds directed for a specific activity by the Committee on Appropriations of either the House of Representatives or the Senate for a different purpose; (5) augments existing programs, projects, or activities in excess of $5,000,000 or 10 percent, whichever is less; (6) reduces existing programs, projects, or activities by $5,000,000 or 10 percent, whichever is less; or (7) creates or reorganizes offices, programs, or activities unless prior approval is received from the Committees on Appropriations of the House of Representatives and the Senate: Provided, That prior to any significant reorganization or restructuring of offices, programs, or activities, each agency or entity funded in this Act shall consult with the Committees on Appropriations of the House of Representatives and the Senate: Provided further, That not later than 60 days after the date of enactment of this Act, each agency funded by this Act shall submit a report to the Committees on Appropriations of the House of Representatives and the Senate to establish the baseline for application of reprogramming and transfer authorities for the current fiscal year: Provided further, That the report shall include: (1) a table for each appropriation with a separate column to display the President's budget request, adjustments made by Congress, adjustments due to enacted rescissions, if appropriate, and the fiscal year enacted level; (2) a delineation in the table for each appropriation both by object class and program, project, and activity as detailed in the budget appendix for the respective appropriation; and (3) an identification of items of special congressional interest: Provided further, That the amount appropriated or limited for salaries and expenses for an agency shall be reduced by $100,000 per day for each day after the required date that the report has not been submitted to the Congress.609607 Except as otherwise specifically provided by law, not to exceed 50 percent of unobligated balances remaining available at the end of fiscal year 2010 2011 from appropriations made available for salaries and expenses for fiscal year 2010 2011 in this Act, shall remain available through September 30, 2011 2012, for each such account for the purposes authorized: Provided, That a request notice thereof shall be submitted to the Committees on Appropriations of the House of Representatives and the Senate for approval prior to the expenditure of such funds: Provided further, That these requests shall be made in compliance with reprogramming guidelines.610608 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; or2 such request is required due to extraordinary circumstances involving national security.611609 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.612610 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 of Personnel Management pursuant to court approval.613611 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 benefits program which provides any benefits or coverage for abortions.614612 The provision of section 613 611 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.615613 In order to promote Government access to commercial information technology, the restriction on purchasing nondomestic articles, materials, and supplies set forth in the Buy American Act (41 U.S.C. 10a et seq.), shall not apply to the acquisition by the Federal Government of information technology (as defined in section 11101 of title 40, United States Code), that is a commercial item (as defined in section 4(12) of the Office of Federal Procurement Policy Act (41 U.S.C. 403(12)).616614 Notwithstanding section 1353 of title 31, United States Code, no officer or employee of any regulatory agency or commission funded by this Act may accept on behalf of that agency, nor may such agency or commission accept, payment or reimbursement from a non-Federal entity for travel, subsistence, or related expenses for the purpose of enabling an officer or employee to attend and participate in any meeting or similar function relating to the official duties of the officer or employee when the entity offering payment or reimbursement is a person or entity subject to regulation by such agency or commission, or represents a person or entity subject to regulation by such agency or commission, unless the person or entity is an organization described in section 501(c)(3) of the Internal Revenue Code of 1986 and exempt from tax under section 501(a) of such Code.617615 The Public Company Accounting Oversight Board shall have authority to obligate funds for the scholarship program established by section 109(c)(2) of the Sarbanes-Oxley Act of 2002 (Public Law 107-204) in an aggregate amount not exceeding the amount of funds collected by the Board as of December 31, 2009 2010, including accrued interest, as a result of the assessment of monetary penalties. Funds available for obligation in fiscal year 2010 2011 shall remain available until expended.618 From the unobligated balances of prior year appropriations made available for the Privacy and Civil Liberties Oversight Board, $1,500,000 are rescinded.619 During fiscal year 2010, for purposes of section 908(b)(1) of the Trade Sanctions Reform and Export Enhancement Act of 2000 (22 U.S.C. 7207(b)(1)), the term "payment of cash in advance'' shall be interpreted as payment before the transfer of title to, and control of, the exported items to the Cuban purchaser.620a Section 101(a)(1) of the Federal and District of Columbia Government Real Property Act of 2006 (Public Law 109-396; 120 Stat. 2711) is amended to read as follows:"(1) In general.--"(A) U.S. reservation13.--On the date on which the District of Columbia conveys to the Administrator of General Services all right, title, and interest of the District of Columbia in the property described in subsection (c), the Administrator shall convey to the District of Columbia all right, title, and interest of the United States in U.S. Reservation 13, subject to the conditions described in subsection (b)."(B) Old naval hospital.--Not later than 60 days after the date of the enactment of the Financial Services and General Government Appropriations Act, 2010, the Administrator shall convey to the District of Columbia all right, title, and interest of the United States in Old Naval Hospital.''.b The amendment made by subsection (a) shall take effect as if included in the enactment of the Federal and District of Columbia Government Real Property Act of 2006.621616 Notwithstanding section 708 of this Act, funds made available to the Commodity Futures Trading Commission and the Securities and Exchange Commission by this or any other Act may be used for the interagency funding and sponsorship of a joint advisory committee to advise on emerging regulatory issues.622617 Specific projects contained in To the extent that the report of the Committee on Appropriations of the House of Representatives accompanying this Act (H. Rept. 111-202) includes specific projects that are considered congressional earmarks for purposes of clause 9 of rule XXI of the Rules of the House of Representatives, such projects, when intended to be awarded to a for-profit entity, shall be awarded under a full and open competition. 618 The Federal Alcohol Administration Act (27 U.S.C. 201 et seq.) is amended by inserting immediately after "Title II--Alcoholic Beverage Labeling'' a new Title III that provides as follows:"Title III--ANNUAL FEES, ETC."Section 301--Authority to Collect Fees."Section 302--Reduced fees."Section 303--Exemptions and exceptions."Section 304--Administrative provisions."Section 305--Definitions."* * * * *"Annual Fees, Etc."301 Authority to Collect Fees."(a) General rule.--The Secretary of the Treasury is authorized to collect a fee for services rendered to the regulated community at levels not lower than those provided in subsections (b), (c), and (d), to the extent provided in advance by an appropriations act, to be credited as offsetting collections to the Alcohol and Tobacco Tax and Trade Bureau Salaries and Expenses account, to fund the operations of the Alcohol and Tobacco Tax and Trade Bureau as authorized by 6 U.S.C. 531."(b) Fee Category 1.--Each of the following shall pay a fee of $1,000 per year in respect of each such premises under his control--"(1) proprietors of a distilled spirits plant;"(2) proprietors of a bonded wine cellar;"(3) proprietors of a bonded wine warehouse;"(4) proprietors of a taxpaid wine bottling house; "(5) proprietors of a brewery; or"(6) manufacturers of processed tobacco."(c) Fee Category 2.--Each of the following shall pay a fee of $500 per year--"(1) wholesale dealers in liquor;"(2) wholesale dealers in beer;"(3) wholesale dealers in tobacco products;"(4) wholesale dealers in processed tobacco;"(5) importers of tobacco products;"(6) importers of processed tobacco;"(7) every person intending to claim eligibility for drawback under section 5131 of the Internal Revenue Code of 1986;"(d) Fee Category 3.--Each of the following shall pay a fee of $350 per year--"(1) retail dealers in liquors;"(2) retail dealers in beer;"(3) retail dealers in tobacco products;"(4) except that every holder of a permit issued under section 5271 of the Internal Revenue Code of 1986, shall be subject to a fee of $300."(e) Fee adjustment.--The Secretary shall provide for automatic annual fee increases in accordance with the Consumer Price Index, and shall publish a notice of the fee increases in the Federal Register 60 days prior to their effective date."302 Reduced fees.--"(a) In general.--Section 301(b) shall be applied by substituting "$500'' for "$1,000'' with respect to any person (other than one described in section 303(a)) the gross receipts of which (for the most recent taxable year ending before the 1st day of the taxable period to which the fee imposed by section 301(b) relates) are less than $500,000."(b) Controlled group rules.--All persons treated as 1 taxpayer under section 5061(e)(3) of the Internal Revenue Code of 1986 shall be treated as 1 fee payer for purposes of subsection (a)."(c) Certain rules to apply.--For purposes of determining gross receipts under subsection (a), the rules contained in subparagraphs (B) and (C) of section 448(c)(3) of the Internal Revenue Code of 1986 shall apply."303. Exemptions and Exceptions."(a) Exemption for small producers.--Section 301(b) shall not apply with respect to any person who is a proprietor of an eligible distilled spirits plant."(b) Sales by proprietors of controlled premises.--No proprietor of a distilled spirits plant, bonded wine cellar, taxpaid wine bottling house, or brewery, shall be required to pay the fee under section 301(c) on account of the sale at his principal business office as designated in writing to the Secretary, or at his distilled spirits plant, bonded wine cellar, taxpaid wine bottling house, or brewery, as the case may be, of distilled spirits, wines, or beer, which, at the time of sale, are stored at his distilled spirits plant, bonded wine cellar, taxpaid wine bottling house, or brewery, as the case may be, or had been removed from such premises to a taxpaid storeroom operated in connection therewith and are stored therein. However, no such proprietor shall have more than one place of sale, as to each distilled spirits plant, bonded wine cellar, taxpaid wine bottling house, or brewery, that shall be exempt from fee by reason of the sale of distilled spirits, wines, or beer stored at such premises (or removed therefrom and stored as provided in this section), by reason of this subsection."(c) Sales by liquor stores operated by States, political subdivisions, etc.--No liquor store engaged in the business of selling to persons other than dealers, which is operated by a State, by a political subdivision of a State or by the District of Columbia, shall be required to pay any fee under this section 301(c), by reason of selling distilled spirits, wines, or beer to dealers qualified to do business as such in such State, subdivision, or District, if such State, political subdivision, or District has paid the applicable fee under section 301(d)(1) and 301(d)(2) as appropriate, and if such State, political subdivision, or District has paid fee under section 301(c)(1) and 301(c)(2) as appropriate, at its principal place of business."(d) Casual sales.--"(1) Sales by creditors, fiduciaries, and officers of court.--No person shall be deemed to be a dealer by reason of the sale of distilled spirits, wines, beer or tobacco products which have been received by him as security for or in payment of a debt, or as an executor, administrator, or other fiduciary, or which have been levied on by any officer under order or process of any court or magistrate, if such distilled spirits, wines, or beer are sold by such person in one parcel only or at public auction in parcels of not less than 20 wine gallons, or in the case of tobacco products parcels of not less than 50 cartons."(2) Sales by retiring partners or representatives of deceased partners to incoming or remaining partners.--No person shall be deemed to be a dealer by reason of a sale of distilled spirits, wines, beer or tobacco products made by such person as a retiring partner or the representative of a deceased partner to the incoming, remaining, or surviving partner or partners of a firm."(3) Return of liquors or tobacco products for credit, refund, or exchange.--No person shall be deemed to be a dealer by reason of the bona fide return of distilled spirits, wines, beer or tobacco products to the dealer from whom purchased (or to the successor of the vendor's business or line of merchandise) for credit, refund, or exchange."(e) Dealers making sales on purchaser dealer's premises.--"(1) Wholesale dealers in liquors.--No wholesale dealer in liquors who has paid the fee as such dealer shall again be required to pay a fee as such dealer on account of sales of wines or beer to wholesale or retail dealers in liquors, or to limited retail dealers, or of beer to wholesale or retail dealers in beer, consummated at the purchaser's place of business."(2) Wholesale dealers in beer.--No wholesale dealer in beer who has paid the fee as such a dealer shall again be required to pay a fee as such dealer on account of sales of beer to wholesale or retail dealers in liquors or beer, or to limited retail dealers, consummated at the purchaser's place of business. "(3) Wholesale dealers in tobacco products or processed tobacco.--No wholesale dealer in tobacco products or processed tobacco who has paid the fee as such dealer shall again be required to pay a fee as such dealer on account of sales of tobacco products or processed tobacco consummated at the purchasers place of business. "(f) Sales by retail dealers in liquidation.--No retail dealer in liquors, retail dealer in beer or retail dealer in tobacco products, selling in liquidation his entire stock of liquors or tobacco products in one parcel or in parcels embracing not less than his entire stock of distilled spirits, of wines, of beer or of tobacco products to any other dealer, shall be deemed to be a wholesale dealer in liquors, a wholesale dealer in beer, or a wholesaler dealer in tobacco products, as the case may be, by reason of such sale or sales."(g) Sales to limited retail dealers and sales by retail dealers of tobacco products.--"(1) Retail dealers in liquors.--No retail dealer in liquors who has paid the fee as such dealer under section 301(d) shall be required to pay additional fee under section 301(c) on account of the sale at his place of business of distilled spirits, wines, or beer to limited retail dealers as defined in section 305(d)."(2) Retail dealers in beer.--No retail dealer in beer who has paid the fee as such dealer under section 301(d) shall be required to pay additional fees under section 301(c) on account of the sale at his place of business of beer to limited retail dealers as defined in section 305(d)."(3) Retail dealers in tobacco products.--No retail dealer in tobacco products who has paid the fee under section 301(d) shall be required to an additional fee as a retail dealer in liquors or a retail dealer in beer under section 301(d)."(h) Coordination of fees under sections 301(c).--No fee as a wholesale dealer in liquor shall be charged with respect to a person's activities at any place during a year if such person has paid the fee as a wholesale dealer in beer with respect to such place for such year."(i) Wholesale dealers in liquors, beer, tobacco products and processed tobacco and importers of tobacco products and processed tobacco.--"(1) Wholesale dealers in liquors.--No fee shall be charged as a retail dealer in liquor or a retailer dealer in beer on any dealer by reason of the selling, or offering for sale, of distilled spirits, wines, or beer at any location where such dealer is required to pay the fee as a wholesale dealer in liquors."(2) Wholesale dealers in beer.--No fee shall be charged as a retail dealer in beer on any dealer by reason of the selling, or offering for sale, of beer at any location where such dealer is required to pay the fee as a wholesale dealer in beer."(3) Wholesale dealers in tobacco products and importer of tobacco products.--No fee shall be charged as a retail dealer in tobacco products on any dealer by reason of the selling or offering for sale of tobacco products at any location where such dealer is required to pay the fee as a wholesale dealer in tobacco products or as an importer of tobacco products."(4) Importers of tobacco products and processed tobacco.--No fee shall be charged as an importer of processed tobacco at any location where such person is required to pay the fee as an importer of tobacco products."(5) Manufacturers of processed tobacco and importers of processed tobacco.-- No fee shall be charged as an importer of processed tobacco at any location where such person is required to pay the fee as a manufacturer of processed tobacco or pay the special tax as a manufacturer of tobacco products under section 5731of the Internal Revenue Code of 1986."(j) Business conducted in more than one location.--"(1) Retail dealers at large.--Any retail dealer in liquors or retailer dealer in beer whose business is such as to require him to travel from place to place in different States of the United States may, under regulations prescribed by the Secretary, cover his activities throughout the United States with the payment of but one fee as a retail dealer in liquors or as a retail dealer in beer, as the case may be."(2) Dealers on trains, aircraft, and boats.--Nothing contained in this chapter shall prevent the payment, under such regulations as the Secretary may prescribe, of the fee by--"(A) persons carrying on the business of retail dealers in liquors, retail dealers in beer or retail dealers in tobacco products on trains, aircraft, boats or other vessels, engaged in the business of carrying passengers; or"(B) persons carrying on the business of retail dealers in liquors, retail dealers in beer or retail dealers in tobacco products on boats or other vessels operated by them, when such persons operate from a fixed address in a port or harbor and supply exclusively boats or other vessels, or persons thereon, at such port or harbor."(3) Liquor stores operated by States, political subdivisions, etc.--A State, a political subdivision of a State, or the District of Columbia shall not be required to pay more than one fee as a retail dealer in liquors under section 301(d) regardless of the number of locations at which such State, political subdivision, or District carries on business as a retail dealer in liquors."(k) Exception for the United States--Section 301(d)(4) shall not apply to any permit issued to any agency or instrumentality of the United States."(l) Exception for certain educational institutions--Section 301(d)(4) shall not apply with respect to any scientific university, college of learning, or institution of scientific research which is issued a permit under section 5271 of the Internal Revenue Code of 1986 and, with respect to any calendar year during which such permit is in effect, procures less than 25 gallons of distilled spirits free of tax for experimental or research use but not for consumption (other than organoleptic tests) or sale."304. Administrative provisions."(a) Computation and Payment of the Fees.--All fees charged under this part shall be paid no later than the first day of July in each year, or on commencing any trade or business on which such fee is charged. In the former case, the fee shall be computed for 1 year, and in the latter case it shall be computed from the first day of the month in which the trade or business commenced, to and include the 30th day of June following. The fee shall be paid in the mode and manner that the Secretary shall by regulation prescribe."(b) Condition precedent to carry on business.--No person shall be engaged in or carry on any trade or business subject to the fee under this section until he has paid the fee."(c) Procedures.--Unless otherwise specified by the Secretary, rules similar to those in section 5733 of the Internal Revenue Code of 1986 shall apply with respect to fees assessed under this part."(d) Applicable Rules.--The fees imposed by section 301(b) shall be assessed, collected, and paid in the same manner as taxes, as provided in section 6665(a) of the Internal Revenue Code of 1986."(e) Claims Collection.--In addition to the authority in section 304(d), the unpaid fees that are due and owing may be collected pursuant to the Federal Claims Collection Act, 31 U.S.C. Chapter 37."(f) Regulations.--The Secretary may issue such regulations as are necessary to carry out this title."305. Definitions"(a) Brewer.--Every person who brews beer (except a person who produces only beer exempt from tax under section 5053(e) of the Internal Revenue Code of 1986) and every person who produces beer for sale shall be deemed a brewer."(b) Dealer.--When used in sections 301 to 305, the term "dealer'' means any person who sells, or offers for sale, any distilled spirits, wines, beer, tobacco products or processed tobacco."(c) Eligible distilled spirits plant.--A plant which is used to produce distilled spirits exclusively for fuel use and the production from which does not exceed 10,000 proof gallons per year."(d) Limited retail dealer.--When used in sections 301 to 305, the term "limited retail dealer" means any fraternal, civic, church, labor, charitable, benevolent, or ex-servicemen's organization making sales of distilled spirits, wine, or beer on the occasion of any kind of entertainment, dance, picnic, bazaar, or festival held by it, or any person making sales of distilled spirits, wine, or beer to the members, guests, or patrons of bona fide fairs, reunions, picnics, carnivals, or other similar outings, if such organization or person is not otherwise engaged in business as a dealer."(e) Retail dealer in liquors.--When used in sections 301 to 305, the term "retail dealer in liquors" means any dealer, other than a retail dealer in beer or a limited retail dealer, who sells, or offers for sale, any distilled spirits, wines, or beer, to any person other than a dealer."(f) Retail dealer in beer.--When used in sections 301 to 305, the term "retail dealer in beer" means any dealer, other than a limited retail dealer, who sells, or offers for sale, beer, but not distilled spirits or wines, to any person other than a dealer."(g) Wholesale dealer in liquors.--When used in sections 301 to 305, the term "wholesale dealer in liquors" means any dealer, other than a wholesale dealer in beer, who sells, or offers for sale, distilled spirits, wines, or beer, to another dealer."(h) Wholesale dealer in beer.--When used in sections 301 to 305, the term "wholesale dealer in beer" means a dealer who sells, or offers for sale, beer, but not distilled spirits or wines, to another dealer."(i) Wholesale dealer in tobacco products.--When used in sections 301 to 305, the term "wholesale dealer in tobacco products" means a dealer who sells, or offers for sale, tobacco products to another dealer.;"(j) Wholesale dealer in processed tobacco.--When used in sections 301 to 305, the term "wholesale dealer in processed tobacco" means a dealer who sells, or offers for sale, processed tobacco to another dealer;"(k) Importer of tobacco products.--When used in sections 301 to 305, the term "importer of tobacco products" means an importer as defined within section 5702(k) of the Internal Revenue Code of 1986 who imports tobacco products;."(l) Retail dealer in tobacco products.--When used in sections 301 to 305, the term "retail dealer in tobacco products" means any dealer who sells, or offers for sale, tobacco products to any person other than a dealer;"(m) Manufacturer of processed tobacco.--When used in sections 301 to 305, the term "manufacturer of processed tobacco" means a manufacturer as defined within section 5702(p) of the Internal Revenue Code of 1986;"(n) Importer of processed tobacco.--When used in sections 301 to 305, the term "importer of processed tobacco" means an importer defined within section 5702(k) who imports processed tobacco.''. 619For an additional amount for the "Departmental Offices, Salaries and Expenses", Department of the Treasury account, $2,500,000, to increase the Department's acquisition workforce capacity and capabilities: Provided, That such funds may be transferred by the Secretary to any other account in the Department to carry out the purposes provided herein: Provided further, That such transfer authority is in addition to any other transfer authority provided in this Act: Provided further, That such funds shall be available only to supplement and not to supplant existing acquisition workforce activities: Provided further, That such funds shall be available for training, recruitment, retention, and hiring additional members of the acquisition workforce as defined by the Office of Federal Procurement Policy Act, as amended (41 U.S.C. 401 et seq.): Provided further, That such funds shall be available for information technology in support of acquisition workforce effectiveness or for management solutions to improve acquisition management.620For an additional amount for the "Salaries and Expenses", Small Business Administration account, $1,767,090, to increase the Small Business Administration's acquisition workforce capacity and capabilities: Provided, That such funds shall be available only to supplement and not to supplant existing acquisition workforce activities: Provided further, That such funds shall be available for training, recruitment, retention, and hiring additional members of the acquisition workforce as defined by the Office of Federal Procurement Policy Act, as amended (41 U.S.C. 401 et seq.): Provided further, That such funds shall be available for information technology in support of acquisition workforce effectiveness or for management solutions to improve acquisition management.621For an additional amount for the "Salaries and Expenses", Office of Personnel Management account, $670,210, to increase the agency's acquisition workforce capacity and capabilities: Provided, That such funds may be transferred by the Director to any other account in the agency to carry out the purposes provided herein: Provided further, That such transfer authority is in addition to any other transfer authority provided in this Act: Provided further, That such funds shall be available only to supplement and not to supplant existing acquisition workforce activities: Provided further, That such funds shall be available for training, recruitment, retention, and hiring additional members of the acquisition workforce as defined by the Office of Federal Procurement Policy Act, as amended (41 U.S.C. 401 et seq.): Provided further, That such funds shall be available for information technology in support of acquisition workforce effectiveness or for management solutions to improve acquisition management.622For an additional amount for the "Salaries and Expenses", Securities and Exchange Commission account, $483,130, to increase the Commission's acquisition workforce capacity and capabilities: Provided, That such funds may be transferred by the Chairman to any other account in the Commission to carry out the purposes provided herein: Provided further, That such transfer authority is in addition to any other transfer authority provided in this Act: Provided further, That such funds shall be available only to supplement and not to supplant existing acquisition workforce activities: Provided further, That such funds shall be available for training, recruitment, retention, and hiring additional members of the acquisition workforce as defined by the Office of Federal Procurement Policy Act, as amended (41 U.S.C. 401 et seq.): Provided further, That such funds shall be available for information technology in support of acquisition workforce effectiveness or for management solutions to improve acquisition management.(Financial Services and General Government Appropriations Act, 2010.) Amounts included in baseline projection of current policy Legislative proposal, not subject to PAYGO Legislative proposal, subject to PAYGO