Office of Inspector General

FY 2017

President’s Budget 

February 9, 2016
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Table of Contents

Section 1 – Purpose ....................................................................................................................... 3

1A – Mission Statement.............................................................................................................. 3

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

1B – Vision, Priorities, and Context........................................................................................... 3

Section 2 – Budget Adjustments and Appropriations Language ........................................... 10

2.1 – Budget Adjustments Table............................................................................................... 10

2A – Budget Increases and Decreases Description................................................................... 10

Operating Levels Table............................................................................................................. 11

2B – Appropriations Language and Explanation of Changes................................................... 12

2C – Legislative Proposals........................................................................................................ 12

Section 3 – Budget and Performance Plan ............................................................................... 13

3A – Audit................................................................................................................................. 13

3.1.1 – Audit Budget Activity Budget and Performance Plan.................................................. 14

3B – Investigations ................................................................................................................... 14

3.1.2 – Investigations Budget and Performance Plan ............................................................... 15

Section 4 – Supplemental Information...................................................................................... 16

4A – Summary of Capital Investments..................................................................................... 16
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Section 1 – Purpose

1A – Mission Statement

The mission of the Office of Inspector General (OIG) is to promote the integrity, efficiency, and 

effectiveness in programs and operations within the Department of the Treasury and across the 

OIG’s jurisdiction.

1.1 – Appropriations Detail Table

Dollars in Thousands

Office of Inspector General FY 2015 FY 2016 FY 2017 FY 2016 to FY 2017

Appropriated Resources Enacted Enacted Request $ Change % Change

 FTE AMOUNT FTE AMOUNT FTE AMOUNT FTE AMOUNT FTE AMOUNT

New Appropriated Resources:

Audit 163 28,275 163 28,304 163 29,605 0 1,301 0.00% 4.60%

Investigations 31 7,076 31 7,112 31 7,439 0 327 0.00% 4.60%

Subtotal New Appropriated Resources 194 $35,351 194 $35,416 194 $37,044 0 $1,628 0.00% 4.60%

Other Resources:

Reimbursables 19 13,000 19 13,000 19 10,500 0 (2,500) 0.00% -19.23%

Subtotal Other Resources 19 $13,000 19 $13,000 19 $10,500 0 ($2,500) 0.00% -19.23%

Total Budgetary Resources 213 $48,351 213 $48,416 213 $47,544 0 ($872) 0.00% -1.80%

1B – Vision, Priorities, and Context

The OIG performs audits and investigations of Treasury programs and operations under its

jurisdiction, except for those of the Internal Revenue Service (IRS) and the Troubled Asset 

Relief Program (TARP), and keeps the Secretary of the Treasury and Congress fully informed of 

problems, deficiencies, and the need for corrective action. By statute, the OIG also performs 

oversight of the Gulf Coast Ecosystem Restoration Council, an independent Federal agency. 

The OIG has four components: (1) Office of Audit, (2) Office of Investigations, (3) Office of 

Counsel, and (4) Office of Management. The OIG is headquartered in Washington, D.C., and 

has an audit office in Boston, Massachusetts. 

-The Office of Audit, under the leadership of the Assistant Inspector General for Audit, 

performs and supervises audits, attestation engagements, and evaluations. The Assistant 

Inspector General for Audit has three deputies. One is primarily responsible for financial sector 

audits; one is primarily responsible for financial management, terrorist financing, and 

intelligence audits; and one is primarily responsible for cyber security and financial assistance 

audits. The Assistant Inspector General for Audit also serves as the Special Deputy Inspector 

General for Small Business Lending Fund (SBLF) Program Oversight. 

-The Office of Investigations, under the leadership of the Assistant Inspector General for 

Investigations, performs investigations and conducts initiatives to detect and prevent fraud, 

waste, and abuse in Treasury programs and operations under OIG jurisdiction. It also manages 

the Treasury OIG Hotline to facilitate reporting of allegations involving Treasury programs and 

activities. 

-The Office of Counsel, under the leadership of the Counsel to the Inspector General, 

provides legal advice to the Inspector General and all OIG components. The office represents 

the OIG, or coordinates such representation, in all legal proceedings and provides a variety of 
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legal services including (1) processing all Freedom of Information Act and other requests for 

information about government employees; (2) conducting ethics training; (3) ensuring 

compliance with financial disclosure requirements; (4) reviewing proposed legislation and 

regulations; (5) reviewing administrative subpoena requests; and (6) preparing for the Inspector 

General’s signature, cease and desist letters to be sent to persons and entities misusing the 

Treasury seal and name. 

-The Office of Management, under the leadership of the Assistant Inspector General for 

Management, provides services to maintain the OIG administrative infrastructure. 

Through the audit and investigative functions, the OIG supports the Department of the 

Treasury’s Fiscal Year (FY) 2014-2017 Strategic Plan goals, which are: Goal 1: Promote 

domestic economic growth and stability while continuing reforms of the financial system; 

Goal 2: Enhance U.S. competitiveness and job creation, and promote international financial 

stability and more balanced global growth; Goal 3: Fairly and effectively reform and modernize 

Federal financial management, accounting, and tax systems; Goal 4: Safeguard the financial 

system and use financial measures to counter national security threats; and Goal 5: Create a 21st

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century approach to government by improving efficiency, effectiveness, and customer 

interaction. In support of Treasury’s Strategic Plan, the OIG established the following strategic 

goals.

• Promote the integrity, efficiency, and effectiveness of programs and operations across 

Treasury OIG’s jurisdictional boundaries through audits and investigations

• Proactively support and strengthen the ability of programs across Treasury OIG’s

jurisdictional boundaries to identify challenges and manage risks 

• Fully and currently inform stakeholders of Treasury OIG findings, recommendations, 

investigative results, and priorities

• Enhance, support, and sustain a workforce and strengthen internal operations to achieve the 

Treasury OIG mission, vision, and strategic goals

The FY 2017 request for the OIG will be used to fund critical audit, investigative, and mission 

support activities to meet the requirements of the Inspector General Act of 1978, and other 

statutes including, but not limited to the Dodd-Frank Wall Street Reform and Consumer 

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

Government Management Reform Act; Improper Payments Elimination and Recovery Act;

Digital Accountability and Transparency Act of 2014 (DATA Act); Federal Deposit Insurance 

Act, Small Business Jobs Act of 2010; and Resources and Ecosystems Sustainability, Tourist 

Opportunities, and Revived Economies of the Gulf Coast States Act of 2012 (RESTORE Act). 

Specific mandates include audits of the Department’s financial statements, the Department’s 

compliance with FISMA, failed insured depositary institutions regulated by Treasury, and 

spending data submitted by the Department to USAspending.gov. With the resources available 

after mandated requirements are met, the OIG will conduct audits of the Department’s highest 

risk programs and operations, and respond to stakeholder requests for specific work as 

appropriate. Some of the Department’s highest risk programs and operations include: (1) Cyber 

Threats, (2) Management of Treasury’s Authorities Intended to Support and Improve the 

Economy, (3) Efforts to Promote Spending Transparency and to Prevent and Detect Improper 
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Payments, (4) Anti-Money Laundering and Terrorist Financing/Bank Secrecy Act Enforcement,

and (5) Gulf Coast Restoration Trust Fund Administration.

Cyber Threats

Cybersecurity represents one of the most serious challenges facing the Nation today. A reliable 

critical infrastructure, including information systems and networks, is vital to our national 

security and economic stability. Cyber threats are a persistent concern as Treasury’s information 

systems are critical to the core functions of government and the Nation’s financial infrastructure. 

As cyber threats continue to evolve and become more sophisticated and subtle, they pose an 

ongoing challenge for Treasury to fortify and safeguard its internal systems and operations and 

the financial sector it oversees.

Attackers frequently exploit vulnerable networks in a string of trusted connections to gain access 

to government systems. Cyber-attacks against Federal agencies are increasing in frequency and 

severity. For example, the recent cyber-attacks against the Office of Personnel Management’s

networks allowed intruders access to personal data on tens of millions of people, including 

millions with security clearances.

Effective public-private coordination continues to be required to address the cyber threat against 

the Nation’s critical infrastructure. In this regard, Treasury is looked upon to provide effective 

leadership to financial institutions in particular, and the financial sector in general, to strengthen 

awareness and preparedness against cyber threats. 

Management of Treasury’s Authorities Intended to Support and Improve the Economy 

Congress provided Treasury with broad authorities to address the financial crisis under the 

Housing and Economic Recovery Act (HERA) and the Emergency Economic Stabilization Act 

(EESA) enacted in 2008, the American Recovery and Reinvestment Act of 2009 (Recovery Act), 

and the Small Business Jobs Act of 2010. In response to the call for further financial reform, 

Congress passed Dodd-Frank in July 2010. While Treasury’s program administration under 

these acts has, for the most part matured, challenges remain in managing these programs and 

their investments. 

This challenge focuses on the administration of the following broad authorities given to 

Treasury:

• Dodd-Frank established the Financial Stability Oversight Council (FSOC), which is chaired

by the Treasury Secretary. FSOC’s mission is to identify risks to financial stability that 

could arise from the activities of large, interconnected financial companies; promote market 

discipline; and respond to any emerging threats to the financial system. 

• The Small Business Jobs Act of 2010 created SBLF within Treasury through which $4 

billion was invested in financial institutions intended to increase the availability of credit to 

small businesses. It also provided $1.5 billion to Treasury to allocate to eligible state 

programs through the State Small Business Credit Initiative (SSBCI). These programs 

represent key initiatives of the Administration to support job creation by increasing lending 

to small businesses. 

• The Small Business Jobs Act also provided Treasury with authority to guarantee bonds

issued for eligible community and economic development activities. As the program 

administrator, Treasury’s Community Development Financial Institutions (CDFI) Fund 
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experienced challenges in standing up the program, which was eventually established in June 

2013. Treasury’s CDFI Fund oversees the issuance of the bonds and the use of the bond 

proceeds by eligible CDFIs to make financing more accessible in underserved communities.

• Under the HERA, Treasury supports the financial solvency of the Federal National Mortgage 

Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) 

which are under the conservatorship of the Federal Housing Finance Agency. To maintain 

the positive net worth of these two government sponsored enterprises (GSE), Treasury has 

invested approximately $187 billion in senior preferred stock in the two enterprises. While 

the GSEs have not required additional support since fiscal year 2012, their futures remain 

uncertain and further assistance may be required. If such support is needed, the current 

funding capacity available to Fannie Mae is $117.6 billion and available to Freddie Mac is 

$140.5 billion

• The American Recovery and Reinvestment Act of 2009 (Recovery Act) provided Treasury 

with approximately $30 billion in non-IRS funding for low-income housing and specified 

energy properties for which OIG provides oversight. The level of risk involved in this 

program is evidenced by the fact that our Office of Investigations has several open matters 

involving program participants.

Efforts to Promote Spending Transparency and to Prevent and Detect Improper Payments

The Digital Accountability and Transparency Act of 2014 (DATA Act) requires the Federal 

Government to provide consistent, reliable, and useful online data about how it spends taxpayer 

dollars. 

To fulfill its purpose, the DATA Act imposed certain requirements on the Treasury Secretary, 

the Director of the Office of Management and Budget (OMB), the Inspectors General of each 

Federal agency, and the Comptroller General of the United States. In brief, the DATA Act 

required Treasury and OMB to (1) establish Government-wide financial data standards for 

reporting spending by Federal agencies and entities receiving Federal funds by May 2015; (2) by 

May 2017, ensure this financial data is accurately posted and displayed on USAspending.gov, or 

a successor system; and (3) by May 2018, ensure the data standards established are applied to the 

data made available on the website. Implementing the DATA Act is a complex undertaking 

requiring a significant level of interagency coordination and cooperation to develop, establish,

and apply new financial data standards and to develop new data handling methodologies within a 

short timeframe.

In light of the continuing problem with improper payments (estimated at $125 billion, or 4.5 

percent of all program outlays, for fiscal year 2014), the Federal Government has intensified 

efforts to reduce improper payments in major Federal programs. The Do Not Pay Initiative, and 

the Treasury Bureau of the Fiscal Service’s (Fiscal Service) Do Not Pay Business Center, are 

chief components of efforts designed to prevent and detect improper payments to individuals and 

entities. With its potential to reduce improper payments, the Do Not Pay Program is a major and 

important undertaking by Fiscal Service and Treasury.

Anti-Money Laundering and Terrorist Financing/Bank Secrecy Act Enforcement 

Preventing criminals and terrorists from using financial networks to sustain their operations 

and/or launch attacks against the U.S. continues to be a challenge. Treasury’s Office of 

Terrorism and Financial Intelligence (TFI) is dedicated to disrupting the ability of terrorist 
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organizations to fund their operations. TFI brings together intelligence gathering and analysis, 

economic sanctions, international cooperation, and private-sector cooperation to identify donors, 

financiers, and facilitators supporting terrorist organizations, and disrupt their ability to fund 

such organizations. Enhancing the transparency of the financial system is one of the 

cornerstones of this effort. Treasury carries out its responsibilities to enhance financial 

transparency through the laws collectively known as the Bank Secrecy Act (BSA). The 

Financial Crimes Enforcement Network (FinCEN) is the Treasury bureau responsible for 

administering BSA, while Treasury’s Office of Foreign Assets Control (OFAC) administers U.S. 

foreign sanction programs. Given the criticality of this challenge to the Department’s mission, 

and notwithstanding the efforts described above, we continue to consider anti-money laundering 

and combating terrorist financing programs and operations as inherently high-risk.

Gulf Coast Restoration Trust Fund Administration

In response to the Deepwater Horizon oil spill, Congress enacted the RESTORE Act. This law 

established within Treasury the Gulf Coast Restoration Trust Fund (Trust Fund) and requires 

Treasury to deposit into the Trust Fund 80 percent of administrative and civil penalties paid by 

responsible parties pursuant to the Federal Water Pollution Control Act (Clean Water Act). The 

funds are to be distributed for environmental and economic restoration activities affecting the 

Gulf Coast States (Alabama, Florida, Louisiana, Mississippi, and Texas). As of December 2015, 

the Trust Fund received approximately $816 million from the Federal Government’s settlement 

with the Transocean defendants. In July 2015, BP Exploration & Production Inc. (BPXP), 

agreed to settle with the Federal Government and the Gulf Coast States resulting in 

approximately $4.4 billion plus interest expected to be deposited into the Trust Fund over a 

15-year period. Now that a more definitive amount and timing of the money that will flow into 

the Trust Fund has been determined, Treasury, the Gulf Coast States, and impacted local 

governments are challenged to meet the intent of the Act within the expected funding levels and

timing of payments

In the Investigations operational area, OIG has established four priorities for FY 2017.

Criminal and Serious Employee Misconduct

The OIG Office of Investigation’s highest priority is investigating complaints involving alleged 

criminal and other serious misconduct by Treasury employees. OIG investigates allegations of 

the general crimes enumerated in Title 18 of the U.S. Code, other federal crimes, alleged 

violations of the Ethics in Government Act, and allegations of serious misconduct prohibited by 

the Standards of Ethical Conduct for Employees of the Executive Branch. Several Treasury 

bureaus and offices have additional rules and regulations relating to ethical standards for their 

own employees, and OIG also investigates complaints of alleged violations of these rules and 

regulations.

Fraud Involving Contracts, Grants, Guarantees, and Funds

The OIG Office of Investigations conducts investigations into allegations of fraud and other 

crimes involving Treasury contracts, grants, loan guarantees, and federal funds, including 

investigations made in accordance with Sections 1602 and 1603 of the Recovery Act. Such 

allegations often involve contractors, entities, and individuals who are providing or seeking to 

provide goods or services to the Department. Office of Investigations receives complaints 
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alleging criminal or other misconduct from employees, contractors, members of the public, and 

the Congress.

Financial Programs and Operations Crime

Investigations relating to Treasury financial programs and operations involve issuing licenses, 

providing benefits, and exercising oversight of U.S. financial institutions; frauds involving 

improper Federal payments such as those involving Treasury checks and the Check Forgery 

Insurance Fund (“CFIF”); crimes involving the improperly-redirected benefits of federal 

government payees; and false claims of any kind that generate inappropriate Federal payments, 

including federal income tax refunds, Social Security benefits, and Veterans’ Administration 

payments.

Threats Against Treasury Employees and Facilities

Investigative efforts into threats against Treasury employees and facilities are critical in ensuring 

safety for the Department. These matters require prompt attention and coordination with federal, 

state, and local authorities in order to protect those involved.

Treasury Employee and Bureau Impersonation Scams

Investigations relating to scammers who represent themselves as Treasury employees in order to 

defraud the citizens of the U.S. and other countries by the impersonation of Treasury employees 

and/or the fraudulent use of the Treasury and Bureau seals. This is a problem that has 

significantly increased in the last few years. These matters require prompt attention to protect 

the public and the integrity of the department.

Key Accomplishments and Challenges

In FY 2015, the Office of Audit completed 86 audit products, exceeding the target of 77. The 

Office also completed all mandated audit products within required timeframes. The audit 

products identified a number of areas where the Department needs to strengthen its controls. The 

Office plans to complete 77 audit products in FY 2016 and complete 86 in FY 2017, and to meet 

all statutory timeframes. In FY 2015 the Office of Investigations exceeded the investigative 

performance measure, and expects to continue this performance trend in FYs 2016 and 2017. In 

FY 2015, the Office opened 133 new investigations, closed 70 investigations, referred 27

investigations that substantiated administrative violations against a Treasury employee to the 

appropriate regulated bureau for action, and referred 142 investigations for criminal prosecution.

Treasury is a complex agency with many programs and operations that are vital to the Nation’s 

economic and national security. Many of these programs and operations are thinly resourced and 

OIG is often the only Treasury presence providing on-site verification and quality control. The 

implementation of newer authorities and regulatory changes brought about by major legislation 

to address the economic crisis and other events—such as Dodd-Frank, the RESTORE Act, and 

the DATA Act—continue to evolve. OIG must remain vigilant and have the capacity to provide 

independent assessments of the Department’s activities to stand up and bring to a mature state 

new offices and programs. OIG must also be able to respond in an expedient and effective 

manner to unanticipated and emerging issues of significant impact to the Department.
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Office of Inspector General’s FY 2017 Budget Request

In accordance with the requirements of Section 6(f)(1) of the Inspector General Act of 1978, the 

Treasury Inspector General submits the following information relating to the OIG’s requested 

budget for FY 2017:

• The aggregate budget request for the operations of the OIG is $47,544,000 comprised of 

$37,044,000 from direct appropriations, and $10,500,000 from reimbursable collections;

• The portion of this amount needed for OIG training is $600,000; and

• The portion of this amount needed to support the Council of Inspectors General on Integrity 

and Efficiency (CIGIE) is $111,000.

The amount requested for training satisfies all OIG training needs for FY 2017.
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Section 2 – Budget Adjustments and Appropriations Language

2.1 – Budget Adjustments Table

Dollars in Thousands

Office of Inspector General FTE Amount

FY 2016 Enacted 194 $35,416

Changes to Base

Maintaining Current Levels (MCLs) 0 $508

Pay-Raise 0 $269

Pay Annualization 0 $89

Non-Pay 0 $150

Subtotal Changes to Base 0 $508

Total FY 2017 Base 194 $35,924

Program Changes

Program Increases 0 $1,120

DATA Act and Other Audit Workload 0 $1,120

Subtotal Program Changes 0 $1,120

Total FY 2017 Request 194 $37,044

2A – Budget Increases and Decreases Description

Maintaining Current Levels (MCLs) .........................................................+$508,000 / +0 FTE

Pay-Raise +$269,000 / +0 FTE 

Funds are requested for the proposed January 2017 pay-raise.

Pay Annualization +$89,000 / +0 FTE 

Funds are requested for annualization of the January 2016 pay-raise.

Non-Pay +$150,000 / +0 FTE 

Funds are requested for non-labor costs such as travel, contracts, rent, and equipment.

Program Increases ....................................................................................+$1,120,000 / +0 FTE

DATA Act and Other Audit Workload +$1,120,000 / +0 FTE 

Funds are requested for anticipated increase in DATA Act and other audit workload. 
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2.2 Operating Levels Table

Dollars in Thousands

Office of Inspector General FY 2015 FY 2016 FY 2017

Object Classification Actual Enacted Request

11.1 - Full-time permanent 18,000 21,565 21,750

11.3 - Other than full-time permanent 200 200 200

11.5 - Other personnel compensation 500 600 550

11.8 - Special personal services payments 750 875 750

11.9 - Personnel Compensation (Total) 19,450 23,240 23,250

12.0 - Personnel benefits 6,550 5,800 5,900

Total Personnel Compensation and Benefits $26,000 $29,040 $29,150

21.0 - Travel and transportation of persons 532 550 550

23.1 - Rental payments to GSA 2,000 2,460 435

23.2 - Rental payments to others 460 0 0

23.3 - Communication, utilities, and misc charges 800 1,000 1,000

23.5 - Telecommunication 0 0 0

24.0 - Printing and reproduction 26 26 19

25.2 - Other services 8,000 10,965 12,515

25.3 - Other purchases of goods & serv frm Govt accounts 3,400 3,800 3,300

25.6 - Medical care 50 50 50

25.7 - Operation and maintenance of equip 100 125 125

26.0 - Supplies and materials 100 100 100

31.0 - Equipment 600 300 300

Total Non-Personnel 16,068 19,376 18,394

Subtotal New Appropriated Resources $42,068 $48,416 $47,544

Budget Activities:

Audit 34,992 41,304 40,105

Investigations 7,076 7,112 7,439

Total Budgetary Resources $42,068 $48,416 $47,544

FTE 161 213 213
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2B – Appropriations Language and Explanation of Changes

Appropriations Language Explanation of Changes

DEPARTMENT OF THE TREASURY

FISCAL SERVICE

Federal Funds

SALARIES AND EXPENSES

For necessary expenses of the Office of Inspector General in 

carrying out the provisions of the Inspector General Act of 1978, 

[$35,416,000] $37,044,000, including hire of passenger motor 

vehicles; of which not to exceed $100,000 shall be available for 

unforeseen emergencies of a confidential nature, to be allocated 

and expended under the direction of the Inspector General of the 

Treasury; of which up to $2,800,000, to remain available until 

September 30, [2017] 2018, shall be for audits and investigations 

conducted pursuant to section 1608 of the Resources and 

Ecosystems Sustainability, Tourist Opportunities, and Revived 

Economies of the Gulf Coast States Act of 2012 (33 U.S.C. 1321 

note)[; and of which not to exceed $1,000 shall be available for 

official reception and representation expenses]. (Department of the 

Treasury Appropriations Act, 2016.)

2C – Legislative Proposals

The OIG has no legislative proposals. 
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Section 3 – Budget and Performance Plan

3A – Audit 

($29,605,000 from direct appropriations, and $10,500,000 from reimbursable resources):

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

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

effectiveness of programs and operations under its jurisdiction, which include those of Treasury 

and the Gulf Coast Ecosystem Restoration Council. The requested funding for 

FY 2017 is necessary to perform mandated work and maintain an appropriate level of oversight 

of these programs and operations consistent with the OIG’s responsibilities under the Inspector 

General Act of 1978. In FY 2017, OIG will also continue to provide oversight of Treasury’s 

government-wide role and responsibilities under the DATA Act. Reimbursable funding 

agreements support financial audits of Treasury and oversight of SBLF and SSBCI programs. 

SBLF/SSBCI program oversight and expected performance is detailed in the SBLF/SSBCI 

Program Office budget submission.

Description of Performance:

The Office plans to complete 77 audit products in FY 2016, and 86 in FY 2017. In FY 2015, the 

Office of Audit completed 86 audit products, exceeding the target, and met all statutory audit 

timelines. Audit products include audit reports, evaluation reports, the Inspector General’s SemiAnnual Reports to the Congress, and the Inspector General’s annual memoranda to the Secretary 

of the Treasury and the Secretary of Commerce, as the designated Chairperson of the Gulf Coast 

Ecosystem Restoration Council, on the most significant management and performance 

challenges facing the Department and Gulf Coast Ecosystem Restoration Council, respectively. 

Audit products can also include responses to specific information requests by the Congress. By 

completing independent and timely assessments of programs and operations under its 

jurisdiction, the Office supports the OIG’s mission of promoting efficiency, effectiveness, and 

integrity of those programs and operations. The recommendations for improvement in programs 

and operations noted through OIG’s assessments directly support the Treasury Department in 

achieving its strategic goals and the Gulf Coast Ecosystem Restoration Council in meeting its 

mission. 

The OIG has a mature audit operation that uses historical performance to estimate future 

performance. It has, over time, demonstrated agility at redirecting resources as necessary to 

address new challenges and mandates of its stakeholders.

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 and 

effectiveness of programs and operations across its jurisdiction while looking for opportunities to 

improve them.
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3.1.1 – Audit Budget Activity Budget and Performance Plan

Dollars in Thousands

Audit Budget Activity

Resource Level FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017

Actual Actual Actual Actual Actual Enacted Enacted Request

 Appropriated Resources $19,721 $22,435 $22,823 $21,630 $27,050 $28,275 $28,304 $29,605

 Other Resources $6,300 $6,300 $10,000 $13,200 $12,000 $13,000 $13,000 $10,500

Budget Activity Total $26,021 $28,735 $32,823 $34,830 $39,050 $41,275 $41,304 $40,105

Measure FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2015 FY 2016 FY 2017

Actual Actual Actual Actual Actual Actual Target Target Target

Number of Completed Audit 

Products

68 126 91 72 75 86 75 77 86

Percent of Statutory Audits 

Completed by the Required 

Date

50.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

Key: DISC - Discontinued

3B – Investigations

($7,439,000 from direct appropriations):

The Office of Investigations 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. The Office of 

Investigations 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 the increased risk of the Recovery Act grant programs for low-income housing and specific 

energy properties, the Office of Investigations faces greater challenges and anticipated increases 

in grant fraud. In addition, with the establishment of Gulf Coast Restoration Trust Fund outreach 

efforts are being made in an effort to prepare for future investigative referrals and complaints 

aimed at suspected fraud involving the funds with this program.

Additionally, the Office of Investigations remains committed to investigating benefit, payment 

and other monetary fraud associated with the programs and operations of the Treasury 

Department. 

Description of Performance:

In FY 2015 the Office of Investigations exceeded the Investigative Performance Measure target, 

and opened 133 new investigations, and closed 70 investigations. The OIG also referred 27

investigations that substantiated administrative violations against a Treasury employee to the 

appropriate regulated bureau for action. In addition, the OIG referred 72 investigations for 

criminal prosecution. The Investigative performance measure is a percentage of all cases closed 

by Office of Investigations during the fiscal year referred to Department Bureaus for 

administrative action or for criminal or civil prosecution by Federal or local prosecutors. The 

goal for Office of Investigations is that at least 80 percent of closed cases meet the 
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aforementioned criteria of closed cases in this fiscal year. Meeting or exceeding this goal 

demonstrates that Office of Investigations is responsive to allegations and complaints referred to 

Office of Investigations and that when these referrals require investigation, the cases are timely, 

thoroughly and accurately reported to assist the Department in maintaining the integrity of its 

programs and operations, subsequently ferreting out fraud, waste, and abuse.

3.1.2 – Investigations Budget and Performance Plan

Dollars in Thousands

Investigations Budget Activity

Resource Level FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017

Actuals Actuals Actuals Actuals Actuals Actuals Enacted Request

 Appropriated Resources $6,831 $6,702 $6,818 $6,461 $7,750 $7,076 $7,112 $7,439

Budget Activity Total $6,831 $6,702 $6,818 $6,461 $7,750 $7,076 $7,112 $7,439

Measure FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2015 FY 2016 FY 2017

Actual Actual Actual Actual Actual Actual Target Target Target

Percentage (%) of 

All Cases Closed 

During Fiscal Year 

that were Referred 

for Criminal/Civil 

Prosecution or 

Treasury 

Administrative 

Action

93.0 85.0 91.0 84.0 84.0 87.0 80.0 80.0 80.0

Key: DISC - Discontinued
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Section 4 – Supplemental Information

4A – Summary of Capital Investments

The OIG does not have any IT or Non-IT Capital Investments.

A summary of capital investment resources, including major information technology and nontechnology investments, can be viewed and downloaded 

at: http://www.treasury.gov/about/budget-performance/Pages/summary-of-capitalinvestments.aspx

This website also contains a digital copy of this document.