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Diane Publishing Books
Budget Issues: Electronic Processing of Non-IRS Collections has Increased but Better Understanding of Cost Structure is Needed
Susan J. Irving (au)
The Dept. of the Treasury's Financial Management Service (FMS) collections program provides services to agencies to collect, deposit, and account for collections through a variety of methods. Electronic collection methods can reduce government borrowing costs and agency administrative costs, while improving compliance and security. This report identified: (1) the extent to which agencies other than the IRS use various collection methods; (2) ways to maximize the benefits of and overcome any barriers to agency use of the various collection methods; and (3) issues that FMS should consider in its plans to improve the efficiency and security of collections. The report also interviewed selected payer groups for case study agencies. Illustrations.
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