dcl9774.htm

Federal Tax Refund Offset - Ninth Collection Report PY97

OCT 31, 1997 DC-97-74

TO ALL STATE IV-D DIRECTORS

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

Dear Colleague:

We are very pleased to forward to you the ninth 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 October 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 October 1997 for 16,409 offsets is $10,535,243 as compared to 13,192 offsets for $8,634,415 in

October 1996. The net Year-To-Date collection total through October is $1,093,195,603 for 1,279,874 offsets as compared to $1,000,831,413 for 1,202,912 offsets for processing year 1996. We are over 9% 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 November 4, 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