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Treasury Managed AccountsInterest on Uninvested Funds
Description:The Credit Reform: Interest on Uninvested Funds account 20X1880 was established pursuant to the Federal Credit Reform Act of 1990, which was intended to more accurately measure the costs of Federal credit programs. Agencies who borrow from Treasury are required to calculate their own interest income and expense. The payment interest expense to Treasury is handled in Treasury-Bureau of Public Debt. Interest income calculated by the agencies to receive payment from Treasury is handled in FMS-Credit Accounting Branch. Agency Responsibility:On a quarterly basis, the Financial Management Services (FMS) will post the balance by the agency for account 20X1880 to this Web site. Agencies have 14 working days from the end of the quarter to respond back to Treasury, FMS via fax (202) 874-7900, or email at credit.accounting@fms.treas.gov regarding the accuracy of the amounts recorded by Treasury, FMS. The agency must provide supporting documentation (IPAC) for any changes they want made to the balances posted. The agencies should contact FMS at the above email address or call (202) 874-8740 to request more detailed support for the FMS balances. Agencies should report their quarterly accruals on the confirmation form. Confirmation Form
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| Fax: | (202) 874-7900 |
| Mail: | Department of the Treasury Financial Management Services Credit Accounting Branch Attn: Jacqueline Rich 3700 East-West Highway, Room 6D22 Hyattsville, MD 20782 Phone: (202) 874-9145 |
| Credit Reform: Interest on Uninvested Funds Account (20X1880) Balance per Web site |
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|---|---|
| Agency | Total Costs as of December 31, 2011 |
| Executive Office of the President | 7,636,742.80 |
| Department of Agriculture | 147,896,373.91 |
| Department of Commerce | 308,723.88 |
| Department of Interior | 1,236,630.58 |
| Department of State ^ | (180,905.61) |
| Department of Treasury (CDFI-2085) | 33,679.21 |
| Department of Treasury (DO-2084) * | 431,534,721.41 |
| Department of Treasury (OFS-2007) * | 191,154,633.00 |
| Department of Treasury (SBLF-2091) * | 48,565.56 |
| Department of the Army | 38,635.13 |
| Fed. Communications Commission | 1,286,991.13 |
| Department of Veteran Affairs | 49,144,231.44 |
| Environmental Protection Agency | 26,815.04 |
| Department of Transportation | 8,811,272.72 |
| Department of Transportation ^ | (598,709.49) |
| Homeland Security -FEMA | 23,969.17 |
| Overseas Private Investment Corporation | 7,764,816.04 |
| Agency for International Development | 32,300,555.71 |
| Small Business Administration | 77,090,215.42 |
| Department of Health and Human Services | 1,043,461.65 |
| Export-Import Bank of the U.S. | 47,700,380.58 |
| Department of Housing and Urban Development | 466,435,754.34 |
| Department of Energy | 40,155,315.30 |
| Department of Education | 1,114,024,743.19 |
| Department of Defense | 739,997.86 |
| Total | 2,625,657,609.97 |
NOTE: Balances represents the accrual as of the end of the reporting period. The accrual is based on the previous fiscal year actual
earnings.
* Accrual is based on actual figures provided by the agency.
^ Represents FY2012 Payables.
