Department of the Treasury

Office of Terrorism and 

Financial Intelligence

Congressional Justification 

for Appropriations and 

Annual Performance 

Report and Plan

FY 2018 
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Table of Contents

Section I – Budget Request........................................................................................................... 3

A – Mission Statement................................................................................................................ 3

B – Summary of the Request ...................................................................................................... 3

1.1 – Appropriations Detail Table.........................................................................................................3

1.2 – Budget Adjustments Table...........................................................................................................3

C – Budget Increases and Decreases Description....................................................................... 4

1.3 – Operating Levels Table................................................................................................................5

D – Appropriations Language and Explanation of Changes ...................................................... 6

E – Legislative Proposals............................................................................................................ 6

Section II – Annual Performance Plan and Report................................................................... 7

A – Strategic Alignment ............................................................................................................. 7

B – Budget and Performance by Budget Activity ...................................................................... 7

2.1 Terrorism and Financial Intelligence Resources and Measures......................................................7

Section III – Additional Information .......................................................................................... 9

A – Summary of Capital Investments......................................................................................... 9
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Section I – Budget Request

A – Mission Statement

Strengthen national security by using targeted financial measures to combat threats and protect 

the integrity of the financial system.

B – Summary of the Request 

The Office of Terrorism and Financial Intelligence (TFI) requests $116.778 million, which is 

level with the FY 2017 Annualized Continuing Resolution funding level. The budget prioritizes 

funding for Treasury’s array of targeted financial tools. Key Treasury programs that freeze the 

accounts of terrorists and proliferators, implement sanctions on rogue nations, and link law 

enforcement agencies with financial institutions are critical to the continued safety and financial 

stability of the Nation.

1.1 – Appropriations Detail Table

FY 2016 FTE and Other Resources are Actual

1.2 – Budget Adjustments Table

Dollars in Thousands

Salaries and Expenses

Appropriated Resources

 FTE AMOUNT FTE AMOUNT FTE AMOUNT FTE AMOUNT FTE AMOUNT

New Appropriated Resources 16FTE 16Amt 17FTE 17Amt 18FTE 18Amt ChgFTE ChgAmt pctFTE pctAmt

Terrorism and Financial Intelligence 383 $117,000 391 $116,778 386 $116,778 (5) $0 -1.28% 0.00%

Subtotal New Appropriated Resources 383 $117,000 391 $116,778 386 $116,778 (5) $0 -1.28% 0.00%

Other Resources: 16FTE 16Amt 17FTE 17Amt 18FTE 18Amt ChgFTE ChgAmt pctFTE pctAmt

Offsetting Collections - Reimbursables 31 $6,329 31 $6,329 31 $6,329 0 $0 0.00% 0.00%

Subtotal Other Resources 31 $6,329 31 $6,329 31 $6,329 0 $0 0.00% 0.00%

Total Budgetary Resources 414 $123,329 422 $123,107 417 $123,107 (5) $0 -1.18% 0.00%

FY 2016 FY 2017 FY 2017 to FY 2018

Enacted Annualized CR Request Change % Change

FY 2018

Terrorism and Financial Intelligence FTE Amount

FY 2017 Annualized CR 391 $116,778

Changes to Base:

Maintaining Current Levels (MCLs): 0 $2,315

Pay-Raise 0 $851

Pay Annualization 0 $312

Non-Pay 0 $1,152

Efficiency Savings (5) ($2,315)

Streamline Staffing (5) ($574)

Consolidations and Travel, Supplies, and 

Equipment Savings 0 ($1,741)

Subtotal Changes to Base (5) 0

Total FY 2018 Base 386 $116,778

Total FY 2018 Request 386 116,778

Dollars in Thousands
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C – Budget Increases and Decreases Description

Maintaining Current Levels (MCLs) ......................................................+$2,315,000 / +0 FTE

Pay Raise +$851,000 / +0 FTE 

Funds are requested for the proposed January 2018 pay-raise.

Pay Annualization +$312,000 / +0 FTE 

Funds are requested for annualization of the January 2017 pay-raise.

Non-Pay +$1,152,000 / +0 FTE 

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

equipment.

Efficiency Savings ........................................................................................-$2,315,000 / -5 FTE

Streamline Staffing -$574,000 / 5 FTE

To align with the administration’s initiative to improve government efficiency and effectiveness, 

the Office of Terrorism and Financial Intelligence is implementing a staffing streamlining effort 

to ensure appropriate levels for maximum efficiency. 

Consolidations and Travel, Supplies, and Equipment Savings -$1,741,000/ +0 FTE

The office proposes to decrease foreign travel, reduce supplies and equipment purchases, 

consolidate FOIA contracts, and re-organize management functions.
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1.3 – Operating Levels Table

Note: This table includes total annually appropriated funding (actuals for FY 2016, estimates for FY 2017 Annualized CR and 

FY 2018).

Dollars in Thousands

Salaries and Expenses FY 2016 FY 2017 FY 2018

Object Classification Actual Annualized CR Request

11.1 - Full-time permanent 42,734 43,906 44,500

11.3 - Other than full-time permanent 159 200 200

11.5 - Other personnel compensation 660 800 800

11.9 - Total personnel compensation 43,553 44,906 45,500

12.0 - Personnel benefits 13,626 14,368 14,337

Total Personnel and Compensation Benefits $57,179 $59,274 $59,837

21.0 - Travel and transportation of persons 2,010 2,200 2,100

22.0 - Transportation of things 20 22 20

23.1 - Rental payments to GSA 71 73 73

23.2 - Rental payments to others 13 14 14

24.0 - Printing and reproduction 102 110 100

25.1 - Advisory and assistance services 8,085 8,125 8,125

25.2 - Other services from non-Federal sources 7,812 7,950 7,950

25.3 - Other goods and services from Federal sources 33,910 35,000 34,799

25.7 - Operation and maintenance of equipment 351 360 360

26.0 - Supplies and materials 1,840 2,200 2,000

31.0 - Equipment 1,361 1,450 1,400

Total Non-Personnel $55,575 $57,504 $56,941

Total Budgetary Resources $112,754 $116,778 $116,778

FTE 383 391 386
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D – Appropriations Language and Explanation of Changes

Appropriations Language Explanation of 

Changes

DEPARTMENT OF THE TREASURY

OFFICE OF TERRORISM AND FINANCIAL INTELLIGENCE

Federal Funds

SALARIES AND EXPENSES

For the necessary expenses of the Office of Terrorism and Financial 

Intelligence to safeguard the financial system against illicit use and to 

combat rogue nations, terrorist facilitators, weapons of mass 

destruction proliferators, money launderers, drug kingpins, and other 

national security threats, $116,778,000: Provided, That of the 

amounts appropriated under this heading, up to $5,000,000 shall 

remain available until September 30, 2019.

Note.—A full-year 2017 appropriation for this account was not 

enacted at the time the budget was prepared; therefore, the budget 

assumes this account is operating under the Further Continuing

Appropriations Act, 2017 (P.L. 114–254). The amounts included for 

2017 reflect the annualized level provided by the continuing 

resolution.

DO proposes to 

remove the cap on 

administrative 

support for TFI and 

changing the multiyear language to 

provide TFI 

maximum spending 

flexibility. 

E – Legislative Proposals

The Office of Terrorism and Financial Intelligence has no legislative proposals.
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Section II – Annual Performance Plan and Report

A – Strategic Alignment

The FY 2018-2022 strategic plan is currently under development. The annual performance plan 

will be updated in the FY 2019 budget to reflect the new priorities.

B – Budget and Performance by Budget Activity

2.1 Terrorism and Financial Intelligence Resources and Measures

Terrorism and Financial Intelligence Budget and Performance

($116,778,000 from direct appropriations, $6,329,000 from reimbursable resources):

The Office of Terrorism and Financial Intelligence (TFI) marshals the Department's intelligence 

and enforcement functions with the twin aims of safeguarding the financial system against illicit 

use and combating rogue nations, terrorist facilitators, weapons of mass destruction proliferators, 

money launderers, drug kingpins, and other national security threats. Under Executive Order and 

legislation umbrellas, TFI supports Treasury’s strategic and priority goals by implementing 

specific sanctions tailored to block assets or impose trade restrictions. 

Office of Terrorist Financing and Financial Crimes (TFFC)

In FY 2016, TFFC facilitated the Financial Action Task Force (FATF) Mutual Evaluation of the 

United States and participated in or reviewed approximately 14 mutual assessment reports of 

FATF countries’ compliance with international AML/CFT standards, often leading to 

substantive changes in some countries’ AML/CFT standards and laws. TFFC also provided 

training to its counterparts abroad, which focused on creating effective AML/CFT frameworks 

and financial regulations capable of combating terrorist financing. In FY 2017, TFFC designed 

and implemented strategies to combat national security concerns such as ISIS, North Korea, Iran, 

and Russia. TFFC also worked to increase global financial transparency by strengthening global 

standards to combat and prevent broad illicit finance. For FY 2018, TFFC will continue efforts 

to develop conduct-based sanctions and executive orders targeting illicit actors that support 

narco-traffickers, weapons of mass destruction proliferators, and transnational criminal 

organizations. TFFC will also develop regulatory AML/CFT initiatives and collaborate with 

Dollars in Thousands

 Resource Level FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018

Actual Actual Actual Actual Actual Annualized

CR Request

Column1 Column32 Column4 Column5 Column6 Column7 Column8 Column2 Column9

Appropriated Resources $100,000 $96,116 $101,305 $112,160 $112,754 $116,778 $116,778

Other Resources $31,225 $30,832 $31,293 $6,966 $6,329 $6,329 $6,329

Budget Activity Total $131,225 $126,948 $132,598 $119,126 $119,083 $123,107 $123,107

FTE 391 388 376 385 414 422 417

Measure FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2016 FY 2017 FY 2018 FY 2012 -

Actual Actual Actual Actual Actual Target Target Target FY 2016

Actual

Impact of TFI Programs 

and Activities

8.1 8.3 8.5 8.8 8.7 8.5 8.5 8.5
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Federal law enforcement on financial crime investigations and third party money laundering 

coordination and efforts. Additionally, TFFC will participate in or review mutual assessment 

reports conducted to evaluate FATF members’ adoption of international AML/CFT standards.

Office of Intelligence and Analysis (OIA)

The Office of Intelligence and Analysis is responsible for the receipt, analysis, collation, and 

dissemination of foreign intelligence and foreign counterintelligence information related to the 

operation and responsibilities of the Department of the Treasury. OIA’s mission is to support the 

formulation of policy and execution of Treasury authorities. OIA executes this mission by 

producing expert intelligence analysis and driving collection on support networks of terrorists, 

weapons of mass destruction weapons proliferators, and other key national security threats and 

by providing timely, accurate, and focused intelligence on the full range of economic, political, 

and security issues. OIA also leads Treasury’s Insider Threat Program on the classified network 

system.

Office of Foreign Assets Control (OFAC)

The Office of Foreign Assets Control administers and enforces economic and trade sanctions 

based on U.S. foreign policy and national security goals against over 30 targeted foreign 

countries and regimes, terrorists, international narcotics traffickers, those engaged in activities 

related to the proliferation of weapons of mass destruction, and other threats to the national 

security, foreign policy or economy of the United States. OFAC acts under Presidential national 

emergency powers, as well as authority granted by specific legislation, to impose controls on 

transactions and freeze assets under US jurisdiction. Many of the sanctions are based on United 

Nations and other international mandates, are multilateral in scope, and involve close 

cooperation with allied governments.

In FY 2016, TFI maintained unified cross-organizational priorities and successfully increased 

intelligence reports production on the Democratic People’s Republic of Korea (North Korea), 

Russia, Iran, and the Islamic State of Iraq and Syria (ISIS). Further, TFI produced numerous 

quick turnaround analyses on Iran nuclear negotiations for Treasury and the Administration. 

Throughout FY 2017 and FY 2018, TFI will continue to focus on assessing and improving 

internal clearance processes, developing new performance measures that align to the new TFI 

strategic plan published in FY 2016 Q2, and clarifying roles and responsibilities to better 

coordinate within the organization. 

FY 2017 and FY 2018 priorities for TFI include:

• Increasing focus on targeted financial measures that address threats from ISIS, North Korea, 

Iran, and Russia. 

• Increasing focus on Cybersecurity and Intellectual Property activities.

• Increasing focus on promoting financial transparency.

• Collecting, analyzing, and disseminating information concerning illicit financing and national 

security threats.

• Assisting partner countries in the development and implementation of anti-money laundering 

and counter-terrorist financing (AML/CFT) standards. TFI provides direct support and 

assistance, ensuring compliance with these internationally approved standards.
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• Identifying opportunities for Treasury to use its authorities to combat and counter terrorist 

financing in Africa and the Middle East. 

• Increasing the capabilities of Treasury’s program for deterring, detecting, and mitigating 

insider threats by leveraging counterintelligence, security, information assurance, and other 

relevant resources.

Description of Performance:

Impact of TFI Programs and Activities: In order to gauge its performance, TFI created a 

composite measure consisting of three program office focus areas related to its mission and 

strategic goals, including customer outreach, increasing production and dissemination of 

intelligence products, and implementing IT modernization projects. In FY 2016, TFI exceeded 

its performance goal of 8.5 with a score of 8.7 and expects to achieve its FY 2017 and FY 2018

target of 8.5. TFI and Treasury will work with OMB on developing new performance measures 

that align to the new TFI Strategic Plan.

Section III – Additional Information

A – Summary of Capital Investments

TFI capital investment resources are part of the Departmental Offices. 

A summary of capital investment resources, including major information technology and nontechnology investments can be found at:

http://www.treasury.gov/about/budget-performance/Pages/summary-of-capital-investments.aspx

This website also contains a digital copy of this document.