Office of Inspector General 

Dollars in Thousands 

 FY 2020 FY 2021 FY 2022 FY 2021 to FY 2022 

Budget Activity Operating 

Plan 

Operating 

Plan2 Request $ Change % Change 

Audit $30,524 $30,524 $31,182 $658 2.16% 

Investigations $10,520 $10,520 $11,180 $660 6.27% 

Subtotal, Organization Title $41,044 $41,044 $42,362 $1,318 3.21% 

Offsetting Collections - Reimbursable $9,000 $9,000 $9,000 $0 0.00% 

Total Program Operating Level $9,000 $9,000 $9,000 $0 100.00% 

Direct FTE 167 180 190 10 5.56% 

Total Full-time Equivalents (FTE) 167 180 190 10 5.56% 

FY 2020 Other Resources and Full-time Equivalents (FTE) reflect actuals. 

In FY 2021 additional appropriated resources were provided by the Consolidated Appropriations Act of 2021 (CAA) and the American Rescue 

Plan Act of 2021 (ARP) which are not included above: 

1. $3 Million for oversight of the Emergency Rental Assistance program (ARP). 

2. $6.5 million for oversight of the Emergency Rental Assistance program (CAA). 

3. $2.6 million for oversight of the Homeowner Assistance Fund (ARP). 

4. $35 million for oversight of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). 

Summary 

The FY 2022 request for $42,362,000 for the Office of Inspector General (OIG) will be used to 

fund critical audit, investigative, and mission-support activities to meet the requirements of the 

Inspector General Act of 1978, as amended, and other statutes including, but not limited to: the 

Cybersecurity Act of 2015; Dodd-Frank Wall Street Reform and Consumer Protection Act 

(Dodd-Frank); Federal Information Security Modernization Act of 2014 (FISMA); Federal 

Information Technology Acquisition Reform Act; Government Management Reform Act; 

Payment Integrity Information Act of 2019 (PIIA); Federal Deposit Insurance Act; Small 

Business Jobs Act of 2010; the Government Charge Card Abuse Protection Act of 2012; 

Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the 

Gulf Coast States Act of 2012 (RESTORE Act); the Coronavirus Aid, Relief, and Economic 

Security Act (CARES) the FY 2021 Consolidated Appropriations Act; and the American Rescue 

Plan Act (ARP). Specific mandates include (1) audits of the Department’s financial statements, 

(2) audits and/or evaluations of the Department’s information systems security program and 

practices as required by FISMA, (3) assessments of the Department’s cyber security information 

sharing, (4) audits of improper payments and recoveries under PIIA, (5) risk assessments and 

audits of charge card programs, and (6) material loss reviews of failed insured depositary 

institutions regulated by the Office of the Comptroller of the Currency (OCC). The OIG will also 

conduct audits of the Department’s highest risk programs and operations and respond to 

stakeholder requests for specific work, including: (1) operating in an uncertain environment; 

(2) cyber threats; (3) Bank Secrecy Act, anti-money laundering, and and-terrorist financing 

enforcement; (4) efforts to promote spending transparency and to prevent and detect improper 

payments; (5) information technology acquisition and project management; and (6) certain 

Treasury Pandemic Relief programs. 

Within its jurisdictional boundaries, the OIG also conducts audit of the highest risk programs and 

operations of the Gulf Coast Ecosystem Restoration Council (Council) established under the 

RESTORE Act. The highest risk programs and operations identified as the Council’s 

management and performance challenges include: (1) Federal Statutory and Regulatory 
Compliance, (2) Grant and Interagency Agreement Compliance Monitoring, and (3) Loss of Key 

Leadership Over Administration of Gulf Coast Restoration Activities. 

The OIG will continue its investigative work to prevent, detect, and investigate complaints of 

fraud, waste, and abuse impacting Treasury programs and operations. This includes the detection 

and prevention or deterrence of employee misconduct and fraud. 

In accordance with the Government Performance and Results Act Modernization Act (GPRAMA)

of 2010, the Department of the Treasury is currently developing the FY 2022 – 2026 

Departmental Strategic Plan. The Strategic Plan is scheduled for publication in 2022. The 

Annual Performance Plan will be updated in the FY 2023 President’s Budget to reflect new 

Departmental strategic goals and objectives. The OIG will publish a component plan that aligns 

bureau activities and priorities to the Department’s by early spring 2022.

FY 2022 Budget Highlights 

Dollars in Thousands 

FTE Amount 

FY 2021 Operating Plan 180 $41,044 

Changes to Base: 

Maintaining Current Levels (MCLs): 0 1,258 

Pay Annualization (1.0% average pay raise) 0 75 

Pay Raise (2.7% average pay raise) 0 677 

FERS Contribution Increase 0 284 

Non-Pay 0 222 

FY 2022 Current Services 180 $42,302 

Program Changes: 

Program Decreases 0 (1,709) 

 Reduction in Contracts and Absorption of Rent 

Increase 0 (1,709) 

 Program Increases: 10 1,769

 Workforce FTE Adjustment 10 1,709 

 Electric Vehicles and Associated Infrastructure 0 60 

Subtotal Program Changes 10 $60

FY 2022 President's Budget Request 190 $42,362 

FY 2022 Budget Adjustments 

Adjustments to Request 

Maintaining Current Levels (MCLs)......................................... +$1,258,000 / +0 FTE

Pay Annualization (1.0%) +$75,000 /+0 FTE 

Funds are requested for annualization of the January 2021 1.0% average pay raise. 

Pay Raise (2.7% in 2022) +$677,000 / +0 FTE 

Funds are requested for a 2.7% average pay raise in January 2022. 

FERS Contribution Increase +$284,000 / +0 FTE 

Funds are requested for the Federal Employee Retirement System (FERS) contribution rates 

effective FY 2022. 

Non-Pay +$222,000 / +0 FTE 

Funds are requested for non-labor expenses such as travel, contracts, rent, supplies, 

and equipment. 
Program Decreases................................................................ -$1,709,000 / -0 FTE 

Reduction in Contracts and Absorption of Rent Increase -$1,709,000 /-0 FTE 

Program decrease in contracts and to accommodate increased administrative costs, including 

rent. 

Program Increases............................................................... +$1,769,000 / +10 FTE 

Workforce FTE Adjustment +$1,709,000 / +10 FTE 

This adjustment is required to right-size the workforce for increased audit and investigative 

oversight and to provide necessary support staff. 

Electric Vehicles and Associated Infrastructure +$60,000 / +0 FTE 

For FY 2022, the OIG requests $60,000 to fund the eventual conversion of its fleet to Electronic 

Vehicles (EVs). Of that money, a to-be-determined amount will be allocated to support the 

purchase, installation, maintenance, and/or upgrade of infrastructure required to maintain an EV 

fleet management program. 

Explanation of Budget Activities

Audit $31,182,000 from direct appropriations, $9,000,000 from reimbursable 

The Office of Audit conducts audits to ensure the accountability of resources, protect 

information, and provide recommendations for improving the economy, efficiency, 

effectiveness, and integrity of programs and operations across its jurisdictional boundaries, 

which include those of Treasury and the Gulf Coast Ecosystem Restoration Council (Council). 

The requested funding for FY 2022 is necessary to perform mandated work and maintain an 

appropriate level of oversight of these programs and operations consistent with its 

responsibilities under the Inspector General Act, as amended. The OIG also responds to requests 

by Treasury and Council officials and the Congress for specific work. In FY 2022, the OIG will 

continue to provide oversight of Treasury’s government-wide role and responsibilities under the 

CARES Act, FY 2021 Consolidated Appropriations Act, and American Rescue Plan. 

Reimbursable funding supports agreements for contracted financial statement audits as well as 

oversight of the Small Business Lending Fund and State Small Business Credit Initiative 

program. 

Investigations $11,180,000 from direct appropriations 

The Office of Investigations (OI) prevents, detects, and investigates complaints of fraud, waste, 

and abuse. This includes the detection and prevention or deterrence of employee misconduct and 

fraud, or related financial crimes within or directed against Treasury. OI refers its cases to the 

Department of Justice, State, or local prosecutors for criminal prosecution or civil litigation, or to 

agency officials for corrective administrative action. 

With almost $4 billion in U.S. Treasury related contracts, there is an increased risk of contract 

fraud across all U.S. Treasury bureaus and programs. OI initiated a program of providing 

integrity briefs to contract personnel notifying them of the responsibilities to report fraud, waste, 

and abuse within U.S. Treasury contracts and programs. OI works with the U.S. Department of 

Justice to prosecute False Claims Acts in federal court to recover funds through civil penalties. 

Additionally, OI conducts criminal investigations to prosecute contractors engaging in fraudulent 

activity, such as kickbacks, product substitution, bid manipulation, and many other types of 
contract fraud. OI continues to work allegations directly impacting the American Reinvestment 

and Recovery Act and the Gulf Coast Restoration Trust Fund. 

OI directs investigative efforts toward those that subvert bank examination processes and/or 

perpetrate fraud affecting the Bank Secrecy Act oversight responsibilities of Treasury bureaus, 

subsequently defrauding the nation’s financial infrastructure and eroding the public’s trust. 

In addition to the grant programs listed above, OI has seen a noted increase in fraud impacting 

other significant Treasury programs and operations, including leaks of Treasury information, as 

well as fraud impacting the Treasury payment processing service operated by the Bureau of the 

Fiscal Service. OI remains committed to investigating benefit, improper payment and other 

monetary fraud associated with the programs and operations of the Treasury Department. 

The OIG conducts inquiries and investigations of waste, fraud, and abuse related to Title V of the 

CARES Act, which established the Coronavirus Relief Fund, as well as the Emergency Rental 

Assistance program (ERA/ERA2), the Homeowner Assistance Fund (HAF), American Rescue 

Plan Act of 2021 (ARPA), and the State Small Business Credit Initiative (SSBCI). Since the 

inception of the CARES Act in March 2020, the Office of Investigations has increased its 

caseload by 25 percent for investigations that involve potential misappropriated funds of state, 

local, and tribal governments. 

Legislative Proposals 

The OIG has no legislative proposals. 

Performance Highlights 

FY 2018 FY 2019 FY 2020 FY 2021 FY 2022

Budget Performance Measure Actual Actual Actual Target Target 

Audit Number of Completed Audit Products 91 79 85 74 74 

Audit Percent of Statutory Audits Completed by the 

Required Date 100 100 100 100 100 

Investigations 

Percentage of All Cases Closed During the Fiscal 

Year That Were Referred for Criminal/Civil 

Prosecution or Treasury Administrative Action 

98 80 91 80 80 

Description of Performance 

The Office of Audit completed 85 audit products in FY 2020 and expects to complete 74 in 

FY 2021. In FY 2020, OA met its mandated audit requirements and identified $93.4 million of 

questioned costs. 

In keeping with the OIG’s strategy to maintain a highly skilled and motivated workforce, the 

OIG plans and executes a meaningful body of work designed to help ensure the integrity, 

efficiency, and effectiveness of programs and operations across OIG’s jurisdiction while looking 

for opportunities to improve them. 

In FY 2020 the OIG exceeded the Investigative Performance Measure target, opened 76 new 

investigations, and closed 107 investigations. The OIG also referred 13 investigations that 
substantiated administrative violations against a Treasury employee to the appropriate regulated 

bureau for action. In addition, the OIG referred 119 investigations for criminal prosecution and 

3 investigations for civil prosecution. In FY 2020 the Office of Investigations charged and/or 

indicted 41 subjects. Ongoing investigations resulted in 23 subjects sentenced which resulted in 

fines, seizures, restitution, penalties and settlements of more than $15.6 million.

The OIG received investigative referrals regarding potential criminal misconduct that occurred 

prior to, or during bank failures, and has worked on criminal investigations with the Federal 

Deposit Insurance Corporation Office of Inspector General, the National Credit Union 

Administration Office of Inspector General regarding potential prosecution of acts which may 

have contributed to the bank failures. Additionally, the OIG continues to receive investigative 

referrals from Treasury bureaus, law enforcement agencies, and other sources regarding fraud 

impacting Treasury programs and operations and routinely conducts independent and joint 

investigations into these matters. 

The Office of Investigations continues to support frequent congressional inquiries, sensitive 

investigative requests from the Council of the Inspectors General on Integrity and Efficiency, 

and annual peer reviews of other Offices of Inspector General, thus ensuring a high level of 

professionalism within the Inspector General community.