|
TECHNICAL CONTENT CORRESPONDENCE TCC-04-14 DATE: March 19, 2004 TO: ALL FEDERAL OFFSET COORDINATORS
RE:
Dear Coordinators: Enclosed is the Federal Offset Collections Report for OCSE Cycle 2004-03. This report represents Federal Tax Refund and/or administrative offsets, less the current fees of $11.65 per Federal Tax Offset and $12.20 per administrative offset, and any adjustments/reversals made during this collection cycle for the 1997 through 2004 processing years. Based on 174,199 offsets, the net collections total for OCSE Cycle 2004-03 as of March 8, 2004, is $218,520,281. The year-to-date total for 384,037 offsets is $500,073,238. This compares to 289,030 offsets for $385,273,762 through the same collection cycle last year. Please note that the increase in collections over the prior year is primarily due to six extra calendar days in this year’s 2004-01A processing cycle, and an increase in electronically filed tax returns. 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 March 18, 2004. 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 cc: State IV-D Directors |
