Federal Offset Collections Report for OCSE Cycle 2012-8
TO: ALL FEDERAL OFFSET COORDINATORS
RE: Federal Offset Collections Report for OCSE Cycle 2012-8
Attached is the Federal Offset Collections Report for OCSE Cycle 2012-8. This report represents federal tax refund and/or administrative offsets, less the current fees of $14.65 per federal tax offset and $16.00 per administrative offset, and any adjustments/reversals made during this collection cycle.
Based on 68,557 offsets, the net collections total for OCSE Cycle 2012-8 as of February 23, 2012 is $93,558,325. The year-to-date total for 425,940 offsets is $672,294,192. This compares to 420,405 offsets for $646,827,305 through the same collection week last year.
An electronic version of this report, along with additional detail reports, was sent to your state via electronic transmission.
The deposit of funds to your state’s account, which is transferred through the Automated Clearing House, is scheduled for March 2, 2012. If you have any questions regarding the transfer of collections to your state’s account, please contact Elvis Davis at 301-443-9560 or Cathy Lin at 301-443-3309 at the Program Support Center.
If you have any questions concerning your state’s collection reports, please contact Federal Collections and Enforcement at (202) 401-9389, ext. 4, or via email at email@example.com.
Office of Child Support Enforcement
cc: State IV-D Directors
ACF/OCSE Regional Program Managers