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TECHNICAL CONTENT CORRESPONDENCE TCC-03-35 DATE: August 27, 2003 TO: ALL FEDERAL OFFSET COORDINATORS
RE:
Dear Coordinators: Enclosed is the Federal Offset Collections Report for OCSE Cycle 2003-14. This report represents Federal Tax Refund and/or administrative offsets, less the current fees of $11.65 per Federal Tax Offset and $13.20 per administrative offset, and any adjustments/reversals made during this period for the 1996 through 2003 processing years. Based on 93,514 offsets, the net collections total for OCSE Cycle 2003-14 as of August 4, 2003, is $50,531,263. The year-to-date total for 1,338,295 offsets is $1,379,079,648. This compares to 1,295,824 offsets for $1,367,290,373 during the same time period last year. This increase is due, in part, to the first week of offsets from the Advanced Child Tax Credits (ACTC). About $40,000,000 was offset during this collection cycle. We will continue to track the ACTC offsets and keep you posted. An electronic version of this report, along with additional detailed reports for your state, has been sent to your state via CONNECT:Direct (C:D). The funds were transferred through the Automated Clearing House (ACH) on August 14, 2003. If you have any questions regarding the transfer of collections to your state's account, please contact Elvis Davis or Cathy Lin at the Program Support Center. They can be reached at (301) 443-9560 or (301) 443-3309 respectively. If you have any questions concerning your state’s collection reports, please contact the Special Collections Unit at (202) 401-9389, ext. 6, or via email at scollections @acf.hhs.gov. Sincerely, Sherri Z. Heller, Ed.D. Commissioner Office of Child Support Enforcement Enclosure (Available in Hard Copy Only) cc: State IV-D Directors Regional Program Managers Executive Staff |