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TECHNICAL CONTENT CORRESPONDENCE TCC-05-01 DATE: January 6, 2005 TO: ALL FEDERAL OFFSET COORDINATORS
RE:
Dear Coordinators: Enclosed is the Federal Offset Collections Report for OCSE Cycle 2004-24. This report represents Federal Tax Refund and/or administrative offsets, less the current fees of $12.65 per Federal Tax Offset and $15.00 per administrative offset, and any adjustments/reversals made during this collection cycle for the 1997 through 2004 processing years. Based on 4,445 offsets, the net collections total for OCSE Cycle 2004-24 as of December 27, 2004, is $3,939,039. The year-to-date total for 1,397,370 offsets is $1,483,599,811. This compares to 1,615,458 offsets for $1,548,237,612 during the same collection cycle last 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 6, 2005. If you have any questions regarding the transfer of collections to your state's account, please contact Elvis Davis at the Program Support Center. He can be reached at (301) 443-9560. 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, Enclosure
cc: State IV-D Directors
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