FY 2012 DEPARTMENTAL SUMMARY 

FY 2012 President's Budget by Function 

(Dollars in Thousands) 

 FY 2010 FY 2011 FY 2012 

 

Enacted Annualized 

CR Level 

Request $ Change % Change

Management & Financial 890,192 903,192 369,383 (533,809) -59.1% 

Departmental Offices Salaries and Expenses 304,888 304,888 324,889 20,001 6.6% 

Dept-wide Systems & Capital Invest. Programs 9,544 9,544 0 (9,544) -100.0% 

Office of Inspector General 29,700 29,700 29,855 155 0.5% 

Treasury IG for Tax Administration 152,000 152,000 157,831 5,831 3.8% 

Special IG for TARP 23,300 36,300 47,374 11,074 30.5% 

Community Development Financial Institutions Fund 246,750 246,750 227,259 (19,491) -7.9% 

Financial Crimes Enforcement Network 111,010 111,010 84,297 (26,713) -24.1% 

Transfer from Forfeiture Fund 30,000 

Net, Financial Crimes Enforcement Network 111,010 111,010 114,297 3,287 3.0% 

Alcohol & Tobacco Tax and Trade Bureau 103,000 103,000 97,878 (5,122) -5.0% 

Treasury Forfeiture Fund 1/ (90,000) (90,000) (630,000) (540,000) 600.0% 

Fiscal Service Operations 426,376 426,376 384,440 (41,936) -9.8% 

Financial Management Service 244,132 244,132 218,805 (25,327) -10.4% 

Bureau of the Public Debt 192,244 192,244 173,635 (18,609) -9.7% 

 Less Offsetting Fees (10,000) (10,000) (8,000) 2,000 

Net, BPD 182,244 182,244 165,635 (16,609) -9.1% 

Tax Administration 12,146,123 12,146,123 13,283,907 1,137,784 9.4% 

IRS Taxpayer Services 2,278,830 2,278,830 2,345,133 66,303 2.9% 

IRS Enforcement 5,504,000 5,504,000 5,966,619 462,619 8.4% 

IRS Operations Support 4,083,884 4,083,884 4,620,526 536,642 13.1% 

IRS Business Systems Modernization 263,897 263,897 333,600 69,703 26.4% 

IRS Health Insurance Tax Credit Administration 15,512 15,512 18,029 2,517 16.2% 

Total, Treasury Appropriations Committee 13,462,691 13,475,691 14,037,730 562,039 4.2% 

Treasury International Programs 2,128,670 2,128,670 3,363,934 1,235,264 58.0% 

Poverty Reduction and Economic Growth (MDBs) 1,552,170 1,552,170 2,072,564 520,394 33.5% 

Food Security 30,000 30,000 338,000 308,000 1026.7% 

Combating Climate Change and Environmental Degradation 481,500 481,500 748,750 267,250 55.5% 

Debt Relief 40,000 40,000 174,500 134,500 336.3% 

Technical Assistance 25,000 25,000 30,120 5,120 20.5% 

Total 2/ 15,591,361 15,604,361 17,401,664 1,797,303 11.5% 

1/Includes a $600 million permanent cancellation and a $30 million transfer to FinCEN. 

2/ FY 2010 Enacted excludes supplementals and transfers. 

Overview 

   

The Department of the Treasury serves the 

American people by strengthening the U.S. 

economy, supporting job creation, and 

restoring confidence in the financial system. 

As stewards of the economy, the Department’s 

FY 2012 Budget (the Budget) reflects 

Treasury’s commitment to the significant 

challenges that face our economy while 

Departmental Summary - 1
ensuring every dollar spent addresses the 

nation’s economic challenges. 

The Budget requests $14.038 billion to fund 

priority functions at the Department’s ten 

appropriated bureaus. The Budget also 

proposes $3.364 billion to fund Treasury 

International Programs. The International 

Programs request includes investments for 

reducing poverty and increasing economic 

stability around the world and addressing 

critical global challenges such as climate 

change and food security. Our request affirms 

the Department’s commitment to controlling 

spending with $336 million in cost savings 

and program reductions, $630 million in 

proposed cancellations and transfers of 

Forfeiture Fund balances, and requests well 

below the FY 2010 enacted level in five of our 

bureaus. 

The Budget has been developed in order to 

make significant progress towards the 

Department’s three high priority performance 

goals: 

• Repair and Reform the Financial 

System; 

• Increase Voluntary Tax Compliance; 

and 

• Significantly Increase the Number of 

Paperless Transactions with the Public. 

Goal 1: Repair and Reform the Financial 

System 

   

Regulatory Reform Support – Treasury 

played a prominent role in developing and 

promoting sweeping financial reform 

legislation, culminating in the enactment of 

the Dodd-Frank Wall Street Reform and 

Consumer Protection Act (Dodd-Frank Act) in 

July 2010. Implementation of the historic 

reforms contained in the Dodd-Frank Act is an 

important area of focus for the Department. 

Treasury is working to ensure that the new 

rules provide necessary protections against the 

financial excess that contributed to the recent 

financial crisis, while preserving the benefits 

of financial innovation. 

The Department is engaged in a broad array of 

programs to stabilize the financial system and 

develop long-term, comprehensive solutions 

to avoid future economic crises. The 

Department is currently spearheading the 

standup of new independent regulatory bodies 

created by the Dodd-Frank Act, including the 

Consumer Financial Protection Bureau 

(CFPB) and the Financial Stability Oversight 

Council. Under the Act, the Department is 

also creating the Office of Financial Research, 

and the Federal Insurance Office. Reform 

efforts include the closure of the Office of 

Thrift Supervision and its integration into 

Office of the Comptroller of the Currency and 

other existing government functions. Treasury 

will continue working with other government 

agencies to develop new market regulations 

and guidance to more effectively respond to 

current and future financial challenges. The 

Budget provides resources to support the 

successful implementation of new offices and 

activities authorized by the Dodd-Frank Act, 

including the new Federal Insurance Office 

and Office of Minority and Women Inclusion. 

Supporting America’s Small Businesses – To 

help small businesses, Treasury is 

implementing two new programs as part of the 

Small Business Jobs Act of 2010 (the Jobs 

Act): the Small Business Lending Fund 

(SBLF), and the State Small Business Credit 

Initiative (SSBCI). SBLF will increase the 

availability of credit to small businesses by 

providing up to $30 billion in capital to 

community and smaller banks with assets 

under $10 billion, the banks that provide the 

most amount of lending to small businesses. 

SSBCI provides $1.5 billion to strengthen 

state programs that support lending to small 

businesses and small manufacturers. Under 

the Jobs Act, Treasury will continue to 

Departmental Summary - 2
increase support for America’s small 

businesses, as they play a critical role in the 

U.S. economy and are central to creating jobs 

and restoring our economic prosperity. 

Housing Government Sponsored Enterprise

(GSE) Programs – Using authority granted 

under the Housing and Economic Recovery 

Act of 2008 (HERA), the Department has 

sought to stabilize the two largest GSEs, the 

Federal National Mortgage Association 

(Fannie Mae) and Federal Home Loan 

Mortgage Corporation (Freddie Mac), as well 

as the Federal Home Loan Banks (FHLB). 

Under the Preferred Stock Purchase 

Agreements (PSPAs), Treasury has helped to 

ensure the viability of the GSEs by providing 

$131 billion of investment, net of dividends 

the GSEs paid to Treasury. In addition, 

Treasury has helped stabilize the market by 

purchasing over $200 billion in GSE 

mortgage-backed securities and has helped 

state and local housing finance agencies 

obtain needed financing to aid low- and 

moderate-income Americans. 

The Obama Administration is strongly 

committed to reforming our nation’s housing 

finance system in order to protect taxpayers, 

institute tough oversight, restore the long-term 

health of our housing market, and strengthen 

our nation’s economic recovery. The 

Administration is transmitting to Congress a 

framework and principles for making the 

transition to a new housing finance system 

that will end the model of private gains and 

public losses, repair the broken housing 

finance market, and minimize taxpayer 

exposure to financial risks. The framework 

will also seek to make sure that the market 

provides stable and widely available mortgage 

credit, affordable housing options for low and 

middle-income homeowners and renters, and 

has stronger protections for consumers and 

better disclosure as mandated by the financial 

regulatory reform that passed last year. 

Community Development Financial

Institutions (CDFI) Fund – The Budget 

promotes economic and community 

development through investments in and 

assistance to community development banks, 

credit unions, loan funds, and venture capital 

funds through the CDFI Fund's merit-based 

grant programs. These programs expand the 

availability of financial services and 

affordable credit to underserved populations, 

including distressed urban, rural, Native 

American, Native Hawaiian, and Alaska 

Native communities. The Healthy Food 

Financing Initiative (HFFI) provides grants to 

CDFIs to expand the availability of healthy 

food options in distressed communities. Bank 

on USA promotes access to affordable and 

appropriate financial services and basic 

consumer credit products for households 

without access to such products and services. 

Troubled Asset Relief Program (TARP) – As 

a result of improved financial conditions and 

careful stewardship of the TARP, the ultimate 

cost to the taxpayer of TARP investments is 

significantly lower than previously estimated. 

The TARP has allowed participating 

institutions to stabilize their balance sheets 

and avoid further losses, leaving the nation’s 

financial system in a much stronger position 

than it was before the crisis. TARP included 

various consumer and business programs to 

help recapitalize the financial system, restart 

the credit markets, restore confidence, and 

lower borrowing costs for businesses and 

families. The Department’s calculations 

estimate the lifetime cost of the program to be 

$48 billion. 

Goal 2: Increase Voluntary Tax 

Compliance 

   

In 2006, the IRS estimated that the tax gap, or 

difference between the amount owed under 

tax law and the amount paid on time, was 

$345 billion in 2001. Addressing this gap 

Departmental Summary - 3
through improved voluntary compliance is a 

top priority of the Department. The 

Department proposes to improve compliance 

through targeted changes to the tax code and 

further investment in tax enforcement, 

taxpayer services, and IRS systems 

modernization. Furthermore, the Budget 

includes funding for new initiatives critical to 

the IRS in implementing the Affordable Care 

Act (ACA). 

Tax Compliance – The Budget includes a 

number of legislative proposals to improve tax 

collection and increase collections with 

minimum additional burden on taxpayers. 

These proposals expand information reporting, 

improve compliance by businesses, and 

strengthen tax administration. In total, these 

proposals are expected to increase collections 

by more than $10 billion over the next ten 

years. Further information on these proposals 

can be found in the Treasury 2010 Green 

Book (http://www.treasury.gov/resourcecenter/tax-policy/). 

Taxpayer Service – Quality taxpayer service 

is an important complement to enforcement 

efforts. Recent legislation has increased the 

volume of calls to toll-free service lines at the 

IRS, leading to longer wait times and 

unanswered calls. The Budget provides 

funding to improve the level of service for the 

toll-free service lines to 80 percent, up from 

the FY 2011 projection of 71 percent. The 

Budget also includes funding to improve 

IRS.gov to meet the growing demand for more 

electronic services. This multi-year project 

will improve self-service, reduce taxpayer 

burden, increase compliance, reduce costs, 

and continue to position IRS.gov as the 

preferred choice for taxpayer service. 

Tax Enforcement – The Budget includes new 

enforcement initiatives to improve 

compliance. These initiatives are expected to 

produce $1.332 billion in additional annual 

enforcement revenue once the new hires reach 

full potential in FY 2014. In FY 2012, IRS 

will implement enacted legislation such as the 

Foreign Account Tax Compliance Act 

(FATCA), information reporting on merchant 

payment card and third party reimbursements, 

basis reporting on security sales; increase 

compliance by addressing offshore tax 

evasion; expand enforcement efforts on 

noncompliance among corporate and highwealth taxpayers; and enforce return preparer 

compliance. 

Goal 3: Significantly Increase the Number 

of Paperless Transactions with the Public 

   

The Department is committed to moving to 

paperless transactions, including increasing 

the number of payments and collections made 

electronically. The effort to dramatically 

increase the number of electronic transactions 

is expected to save $524 million and 12 

million pounds of paper in the first five years. 

The Department has begun implementing a 

three-pronged initiative to increase electronic 

transactions. Individuals receiving Social 

Security, Supplemental Security Income, 

Veterans Administration, Railroad Retirement 

Board, Office of Personnel Management and 

Department of Labor – Black Lung benefits 

will be required to receive these payments 

electronically, either through direct deposit 

into a bank account or Treasury's Direct 

Express debit card; other non-tax payments 

are also required to be made electronically. 

Second, most businesses currently permitted 

to use paper Federal Tax Deposit coupons will 

have to make those deposits electronically 

beginning in 2011. Finally, Treasury will be 

ending all issuances of paper savings bonds no 

later than December 31, 2011 and instead 

focus on electronic means to issue bonds. 

Increased use of e-Filing for tax returns is 

saving the IRS tens of millions of dollars each 

year. In FY 2012 Treasury Tax and Trade 

Departmental Summary - 4
Bureau will realize savings gained through 

efficiencies from its Permits Online electronic 

filing system due to processing time reduction 

and the streamlining of business processes. 

 

In addition to greatly reducing costs, 

enhancing customer service and minimizing 

Treasury's environmental impact, the move 

from paper to electronic transactions will 

increase reliability, safety and security for 

benefit recipients and taxpayers. The benefits 

of electronic transactions are well 

documented. Aside from the large cost 

savings, electronic transactions provide safety, 

convenience and control for payment 

recipients, taxpayers and savings bond 

holders. These initiatives do not require new 

legislation and can be accomplished by 

changes to Treasury's existing regulations. 

International Programs 

   

The Department’s request includes $3.364 

billion in total funding for International 

Programs to provide resources to sustain 

global economic development, aid 

impoverished countries, address climate 

change, and support our national security 

objectives by strengthening the economies of 

fragile nations. Of the total, $2.073 billion is 

requested for scheduled annual U.S. 

contributions to the multilateral development 

banks (MDBs), including two new 

replenishments to the International 

Development Association and the African 

Development Fund and General Capital 

Increases (GCIs) to the MDBs which faced 

capital depletions after their aggressive and 

necessary response to the global financial 

crisis. Another $175 million will fund the 

U.S. share of the Multilateral Debt Relief 

Initiative at the International Development 

Association (IDA) and the African 

Development Fund (AfDF). 

The Department is also requesting $338 

million for multilateral food security 

initiatives, including the Global Agriculture 

and Food Security Program (GAFSP) which 

will leverage U.S. resources to provide 

increased agriculture investments in poor 

countries. To combat climate change and 

environmental degradation, the request 

includes $749 million for contributions to the 

Clean Technology Fund (CTF), the Strategic 

Climate Funds (SCF), the Global Environment 

Facility (GEF) and Tropical Forest 

Conservation Act. Finally, $30.1 million is 

requested for the Office of Technical 

Assistance (OTA), to strengthen economic 

and financial governance in fragile and 

developing countries around the world 

Terrorism and Financial Intelligence 

   

The Budget includes $92.6 million in direct 

appropriations for the Office of Terrorism and 

Financial Intelligence (TFI) in FY 2012. This 

investment will implement targeted financial 

sanctions with the goal of stopping the flow of 

money to terrorist organizations, drug 

traffickers, money launderers, weapons 

proliferators, rogue regimes, and their support 

networks that constitute a threat to the United 

States to keep the world’s financial systems 

accessible to legitimate users, while excluding 

those who wish to exploit the systems for 

illegal purposes. 

Fiscal Prudence 

   

In recognition of the current fiscal outlook and 

in order to partially offset the cost of high 

priority investments, the Budget includes 

savings of $336 million in Department 

discretionary funding and additional savings 

in mandatory programs. The request also 

focuses on improving tax administration and 

debt collection. The Department is using the 

many employee ideas submitted through the 

Departmental Summary - 5
Administration’s SAVE initiative to explore 

means to reduce costs. 

Administrative and other Efficiency Savings

– The Budget proposes efficiency savings and 

program reductions at all Treasury bureaus, 

including nearly $200 million of 

administrative savings as part of the 

President’s Accountable Government 

Initiative, and savings from a variety of 

program reforms. Examples include $190 

million in process improvement savings for 

the IRS, $10.1 million in administrative and 

data center consolidation savings for the 

Financial Management Service (FMS) and 

$6.6 million in savings for BPD. The Budget 

also identifies $2.6 million in savings from 

certification and accreditation consolidation, 

data center consolidation and managing FTE 

lapses for the Treasury Inspector General for 

Tax Administration and $2.1 million in 

Financial Crimes Enforcement Network 

(FinCEN) staffing efficiency reductions and 

information technology savings. Finally, $15.4 

million in efficiency savings is included for 

the Departmental Offices (DO). Through these 

efforts, the Department will achieve savings, 

while creating a more agile and innovative 

Treasury. 

Paperless Treasury – As discussed above, the 

Department will significantly increase the 

number of paperless transactions with the 

public and anticipates saving of $524 million 

through this effort over the next five years. 

Freedom of Information Act – The 

Department’s current process for responding 

to Freedom of Information Act (FOIA) 

requests is inefficient and outdated and has 

resulted in a significant backlog in request 

fulfillment at the agency. To address this 

issue, Treasury is creating a new FOIA tool 

using existing funding. With this tool, 

Treasury will process FOIA requests rapidly 

and accurately with less cost by leveraging 

modern electronic storage and web based 

application technology to prevent redundant 

work and automate process steps where 

possible. In addition to improvements to how 

FOIA requests are handled internally, the tool 

will feature a public facing component that 

allows citizens to initiate FOIA requests 

online.

IT Consolidation – The Department proposes 

to consolidate information technology 

resources at the Bureau of Public Debt (BPD) 

and Financial Management Service (FMS). As 

part of Treasury’s broader IT strategy to 

achieve efficiencies, BPD and FMS will 

partner to consolidate certain IT resources. 

During 2011, the bureaus are consolidating 

five data centers into two shared data centers. 

This will result in a more sustainable approach 

to IT services and further savings may be 

demonstrated by considering reductions in 

carbon emissions. Further IT consolidation 

efforts include moving from 42 data centers in 

FY 2010 to 29 in FY 2015. 

Debt Collection Legislation – Treasury and 

OMB are improving the management of the 

Federal debt portfolio, which could increase 

collection of delinquent tax and non-tax debt 

by more than $5 billion over the next ten 

years. The Budget incorporates a number of 

these improvements, including debt collection 

legislative proposals to increase levy authority 

to 100 percent for Medicare payments and 

vendor payments, offset tax refunds to collect 

delinquent state income taxes from out-ofstate residents, and other administrative 

improvements, such as expanding the use of 

Administrative Wage Garnishment and 

improving the Treasury Offset Program match 

process. 

Do Not Pay Portal – In June 2010, a 

Presidential Memorandum (Enhancing 

Payment Accuracy Through a “Do Not Pay 

List”) established the creation of a 

comprehensive Do Not Pay List against which 

Departmental Summary - 6
agency payments could be cross-checked to 

prevent ineligible recipients from receiving 

payments from the federal government. To 

make this list more beneficial, the 

Administration created VerifyPayment.Gov to 

serve as a one-stop-shop for agencies. The 

Bureau of the Public Debt will expand and 

maintain this portal. Additionally, Public Debt 

will work with the Recovery Accountability 

and Transparency Board, to support an 

operations center to analyze fraud patterns and 

refer potential issues to agency management. 

Offsetting Cancellations and Transfers – The 

Budget includes a $600 million proposed 

permanent cancellation and a $30 million 

transfer to FinCEN from the unobligated 

balances of the Treasury Forfeiture Fund. 

Departmental Summary - 7
FY 2012 President’s Budget by 

 Goal/Objective 

(Dollars in Thousands) 

Effectively Managed 

US Government 

Finances 

U.S. and World Economies

Perform at Full 

Economic Potential 

Prevented Terrorism & 

Promoted Nation's 

Security 

Management and 

Organizational Excellence Total 

Disc $ 

Reimb./

Mand $ Disc $ 

Reimb./

Mand $ Disc $ 

Reimb./ 

Mand $ Disc $ 

Reimb./

Mand $ Disc $ 

Reimb./

Mand $ 

Management & Financial $115,092 $23,884 $382,456 $24,763 $210,214 $13,894 $291,651 $46,457 $999,413 $108,998 

Departmental Offices Salaries and Expenses 66,153 23,884 106,258 24,763 95,917 10,894 56,561 31,957 324,889 91,498 Dept-wide Systems & Capital Invest. Program 0 0 Office of Inspector General 29,885 13,200 29,885 13,200 Treasury IG for Tax Administration 157,831 1,300 157,831 1,300 Special Inspector General for TARP 47,374 47,374 0 CDFI Fund 227,259 227,259 0 Financial Crimes Enforcement Network 114,297 3,000 114,297 3,000 Alcohol & Tobacco Tax and Trade Bureau 48,939 48,939 97,878 0 

Fiscal Service Operations $384,440 $255,623 $0 $0 $0 $0 $0 $0 $384,440 $255,623 

Financial Management Service 218,805 231,223 218,805 231,223 Bureau of the Public Debt 165,635 24,400 165,635 24,400 

Tax Administration $13,025,396 $118,169 $0 $0 $258,511 $20,103 $0 $0 $13,283,907 $138,272 

IRS Taxpayer Services 2,345,133 22,924 2,345,133 22,924 IRS Enforcement 5,769,388 55,799 197,231 20,103 5,966,619 75,902 IRS Operations Support 4,559,246 39,446 61,280 4,620,526 39,446 Business Systems Modernization 333,600 333,600 0 Health Insurance Tax Credit Administration 18,029 18,029 0 

Total, Treasury Appropriations Committee 1/ $13,524,928 $397,676 $382,456 $24,763 $468,725 $33,997 $291,651 $46,457 $14,667,760 $502,893 

Treasury International Programs 3,363,934 3,363,934 0 

Total, Appropriated Level $13,524,928 $397,676 $3,746,390 $24,763 $468,725 $33,997 $291,651 $46,457 $18,031,694 $502,893 Non Appropriated Bureaus $0 $0 $0 $4,642,375 $0 $0 $0 $0 $0 $4,642,375 

Office of Financial Stability 311,240 0 311,240 Bureau of Engraving and Printing 582,050 0 582,050 U.S. Mint 2,545,885 0 2,545,885 Office of the Comptroller of the Currency 1,040,756 0 1,040,756 Small Business Lending Fund Administration 72,603 0 72,603 OFR and Financial Services Oversight Council 82,353 0 82,353 SSBCI Administration 7,488 0 7,488 

Subtotal, Direct $ $13,524,928 $3,746,390 $468,725 $291,651 $18,031,694 Subtotal, Reimbursable $ $397,676 $4,667,138 $33,997 $46,457 $5,145,268 Total, Treasury Level $13,922,604 $8,413,528 $502,722 $338,108 $23,176,962 1/ Total does not include the proposed $600 million Forfeiture Fund permanent cancellation and the reduction in the Fund's spending resulting from the proposed $30 million transfer to FinCEN. 

Departmental Summary - 8
Fiscal Year Comparison of Full-Time Equivalent (FTE) Staffing 

(Direct and Reimbursable) 

Appropriation FY 2010 Actual 

FY 2011 Annualized CR 

Level FY 2012 President's Budget 

Direct Reimb. Total Direct Reimb. Total Direct Reimb. Total 

Departmental Offices Salaries and Expenses 1,166 150 1,316 1,266 137 1,403 1,341 137 1,478 Administrative Expenses, Recovery Act 1,200 0 1,200 65 0 65 0 0 0 Office of Inspector General 172 0 172 172 0 172 172 0 172 Treasury IG for Tax Administration 817 3 820 835 3 838 864 3 867 Special Inspector General for the TARP 112 0 112 192 0 192 192 0 192 Community Development Financial Institutions Fund 71 0 71 84 0 84 90 0 90 Financial Crimes Enforcement Network 328 1 329 327 1 328 304 1 305 Alcohol & Tobacco Tax and Trade Bureau 502 10 512 535 15 550 502 15 517 Financial Management Service 1,583 248 1,831 1,566 269 1,835 1,492 269 1,761 Bureau of the Public Debt 956 0 956 1,042 0 1,042 987 0 987 Internal Revenue Service 94,766 752 95,518 94,766 659 95,425 99,878 659 100,537 Subtotal, Treasury Appropriated Level 101,640 1,164 102,804 100,832 1,084 101,916 105,822 1,084 106,906 Office of Financial Stability 210 0 210 251 0 251 270 0 270 Small Business Lending Fund Administration 0 0 0 41 0 41 55 0 55 State Small Business Credit Initiative Administration 0 0 0 9 0 9 12 0 12 Financial Stability Oversight Council and Office of Financial Research 

0 0 0 50 0 50 192 0 192

Working Capital Fund 0 195 195 0 200 200 0 222 222 Treasury Franchise Fund 0 973 973 0 1,012 1,012 0 1,190 1,190 Bureau of Engraving and Printing 0 1,889 1,889 0 1,950 1,950 0 1,925 1,925 U.S. Mint 0 1,778 1,778 0 1,873 1,873 0 1,873 1,873 Office of the Comptroller of the Currency 0 3,101 3,101 0 3,140 3,140 0 3,976 3,976 Office of Thrift Supervision 1/ 0 1,016 1,016 0 1,021 1,021 0 0 0 Terrorism Insurance Program 11 0 11 10 0 10 10 0 10 Total 101,861 10,116 111,977 101,193 10,280 111,473 106,361 10,270 116,631 1/ The Dodd-Frank Wall Street Reform and Consumer Protection Act, Public Law 111-203 (Dodd-Frank Act), abolishes and transfers the

functions of the Office of Thrift Supervision in Fiscal Year 2011. 

Departmental Summary - 9
Summary of FY 2012 Increases and 

Decreases (Dollars in Thousands) 

DO DSCIP OIG TIGTA SIGTARP CDFI FINCEN TTB TEOAF FMS BPD IRS Total 

FY 2011 Annualized CR Level $304,888 $9,544 $29,700 $152,000 $36,300 $246,750 $111,010 $103,000 ($90,000) $244,132 $182,244 $12,146,123 $13,475,691  Adjustment to Meet FY 2011 President's Policy Level 39,707 12,456 351 2,266 13,068 3,144 (11,038) 2,571 0 (10,537) (7,458) 401,665 446,195 FY 2011 President's Policy Level $344,595 $22,000 $30,051 $154,266 $49,368 $249,894 $99,972 $105,571 ($90,000) $233,595 $174,786 $12,547,788 $13,921,886 Maintaining Current Levels $3,215 $0 $183 $1,391 $454 $201 $897 $832 $0 $2,000 $1,234 $85,754 $96,161  Cancellation/Transfer of Balances 0 0 0 0 0 0 30,000 0 (540,000) 0 0 0 (510,000)  Above Base Savings (28,946) (22,000) (392) (3,474) (2,448) (1,830) (13,570) (8,525) 0 (11,690) (20,385) (189,957) (303,217) Adjustments to Base $10,761 ($9,544) ($41) ($1,208) $10,620 $1,314 $5,392 ($5,954) ($540,000) ($22,227) ($27,843) $211,708 ($367,022) FY 2012 Base $318,864 $0 $29,842 $152,183 $47,374 $248,265 $117,299 $97,878 ($630,000) $223,905 $155,635 $12,443,585 $13,204,830  Program Decreases 0 0 0 0 0 (22,706) (3,002) 0 0 (5,100) (2,000) 0 (32,808)  Program Reinvestments 0 0 0 0 0 1,700 0 0 0 0 0 1,486 3,186  Program Increases 6,025 0 13 5,648 0 0 0 0 0 10,000 838,836 860,522  Changes to Offsetting Fees 0 0 0 0 0 0 0 0 0 0 2,000 0 2,000 FY 2012 President's Budget $324,889 $0 $29,855 $157,831 $47,374 $227,259 $114,297 $97,878 ($630,000) $218,805 $165,635 $13,283,907 $14,037,730 

Departmental Summary - 10