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TECHNICAL CONTENT CORRESPONDENCE TCC-03-42 DATE: October 17, 2003 TO: ALL FEDERAL OFFSET COORDINATORS
RE:
Dear Coordinators: Enclosed is the Federal Offset Collections Report for OCSE Cycle 2003-18. 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 14,465 offsets, the net collections total for OCSE Cycle 2003-18 as of September 29, 2003, is $11,689,837. The year-to-date total for 1,557,639 offsets is $1,504,177,194. This compares to 1,353,156 offsets for $1,408,903,481 during the same time period last year. 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 October 9, 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. Enclosure (Available in Hard Copy Only) |