dcl9741.htm

FTRO - Sixth Collection Report

July 22, 1997 DC-97-41

TO ALL STATE IV-D DIRECTORS

Re: Federal Tax Refund Offset - Sixth Collection Report for Processing Year 1997

Dear Colleague:

We are very pleased to forward to you the sixth Collection/Adjustment/Address and corresponding Name Change reports for the 1997 Federal Tax Refund Offset Program. Enclosed is the collection report representing the tax refund offsets for the month of July 1997 less the IRS service fee and any adjustments made during this period for the 1992 through 1997 processing years.

The net collection total for July 1997 for 64,824 offsets is $42,045,127 as compared to 35,881 offsets for $25,294,645 in

July 1996. The net Year-To-Date collection total through July is $1,057,105,710 for 1,221,595 offsets as compared to $963,799,959 for 1,146,842 offsets for processing year 1996. We are nearly 10% ahead of last year's net Year-To-Date collection total for the same time period.

The transfer of funds through the Automated Clearing House (ACH) is scheduled to be accomplished on July 30, 1997. Please inform the appropriate personnel of the transfer date. If you have any questions please contact the Special Collections Unit at (202) 401-9389.

Sincerely,

David Gray Ross

Deputy Director

Office of Child Support

Enforcement

Enclosures