FAM No. 2001-08 (Imprest Fund Review)
March 8, 2001
FINANCIAL ADMINISTRATION MEMORANDUM NO. 2001-008 (II.J)
To: Bureau Assistant Directors, Administration
Chief Executive Officer, National Business Center
Bureau Finance Officers
Finance Officer, Financial Management Services
Director, Office of Acquisition and Property Management
From: William E. Webber /s/
Focus Leader, Asset and Debt Management
Subject: Imprest Fund Review
Most bureaus have eliminated their imprest funds in accordance with the
Debt Collection Improvement Act of 1996. All imprest funds remaining open
at this time must have one or more conditions that warrant waiver. Please
see FAM 98-034 dated December 17, 1998, for the policy and implementing
guidance for the DCIA which provides the conditions and appropriate procedures
for waiver.
For all those imprest funds remaining open (including those for change making
purposes), bureaus are still required to perform administrative reviews in
accordance with 330 DM Chapter 7 and certify that the reviews have been
conducted (see Subchapter 7.5).
By April 15, 2001, please provide this office with an inventory of your existing
imprest funds including the fund amount, location, principle cashier,
condition(s) for waiver of DCIA requirements, and certify that the reviews were
conducted in accordance with Treasury's requirements. For those bureaus that
have already closed all of their imprest funds no action is necessary.
Should you have questions or require additional information on this subject,
please contact me on (202) 208-5684.
Prior Financial Administration Memorandum on this subject:
98-034 dated 12/17/98 - active
