Federal Offset Collections Report: Final for Processing Year 2003
- Information About:
- State/Local Child Support Agencies
- Federal Systems, Federal Offset Program (FOP)
- Policy, Technical Content Correspondence (TCC)
- Collection & Enforcement Systems
TO: ALL FEDERAL OFFSET COORDINATORS
RE: Federal Offset Collections Report for OCSE Cycle 2003-25
Enclosed is the Federal Offset Collections Report for OCSE Cycle 2003-25. Please note that this is the last Collections Report for Processing Year 2003. 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 period for the 1996 through 2003 processing years.
Based on 6,740 offsets, the net collections total for OCSE Cycle 2003-25 is $5,711,648. The 2003 year-end total for 1,622,198 offsets is $1,553,949,260. This compares to 1,412,976 offsets for $1,455,554,972 for 2002.
Note: During late July and early August of this year, OCSE and Treasury were offsetting Advanced Child Tax Credits attributable to the Jobs and Growth Tax Relief Reconciliation Act of 2003. These offsets generated $118 million over three weeks. For this reason, you will note an increase of about $98 million in the 2003 collections when compared to 2002. We do not expect these offsets to affect collections normally received during the 2004 Processing 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 January 15, 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 firstname.lastname@example.org.
Sherri Z. Heller, Ed.D.
Office of Child Support Enforcement
cc: State IV-D Directors
Regional Program Managers