Department of the Treasury

Office of Inspector General

Congressional Budget

Justification and Annual 

Performance Plan and Report

FY 2021
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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 .............................................................................................. 5

1.2 – Budget Adjustments Table................................................................................................. 5

C – Budget Increases and Decreases Description....................................................................... 5

1.3 – Object Classification (Schedule O) Obligations................................................................ 6

D – Appropriations Language and Explanation of Changes ...................................................... 7

E – Legislative Proposals............................................................................................................ 7

Section II – Annual Performance Plan and Report................................................................... 8

A – Strategic Alignment ............................................................................................................. 8

B – Budget and Performance by Budget Activity .................................................................... 13

2.1.1 – Audit Resources and Measures..................................................................................... 13

Audit Budget and Performance................................................................................................. 13

2.1.2 – Investigations Resources and Measures........................................................................ 14

Investigations Budget and Performance ................................................................................... 14

C – Changes in Performance Measures.................................................................................... 15

D – Use of Evidence and Evaluation ........................................................................................ 16

Section III – Additional Information ........................................................................................ 16

A – Summary of Capital Investments....................................................................................... 16
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Section I – Budget Request

A – Mission Statement

To promote the integrity, efficiency, and effectiveness in programs and operations within the 

Department of the Treasury and across OIG’s jurisdictional boundaries. 

B – Summary of the Request

The FY 2021 request for $39,335,000 for the OIG will be used to fund 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; DoddFrank 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; Improper Payments Elimination and 

Recovery Act of 2010 (IPERA); Government Charge Card Abuse Prevention Act of 2012; 

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). 

Specific mandates include: (1) audits of the Department’s financial statements (2) audits 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 IPERA, (5) risk assessments and audits of charge card 

programs, (6) material loss reviews of failed insured depositary institutions regulated by the 

Office of the Comptroller of the Currency (OCC), and (7) data quality audits of spending data 

submitted by the Department to USASpending.gov.

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 anti-terrorist 

financing enforcement, (4) efforts to promote spending transparency and to prevent and detect 

improper payments, and (5) information technology acquisition and project management.

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

operations of Gulf Coast Ecosystem Restoration Council (Council) established under RESTORE. 

The highest risk programs and operations identified as the Council’s management and performance 

challenge include: (1) Federal statutory and regulatory compliance and (2) grant and interagency 

agreement compliance monitoring.

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.

Through the audit and investigative functions, the OIG supports Treasury’s FY 2018 – 2022 

Strategic Plan. The goals are: Goal 1: Boost U.S. Economic Growth; Goal 2: Promote Financial 

Stability; Goal 3: Enhance National Security; Goal 4: Transform Government-wide Financial 

Stewardship; and Goal 5: Achieve Operational Excellence. In support of Treasury’s Strategic Plan, 

the OIG established the following strategic goals:
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• 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 Budget includes language that would allow, contingent upon enactment of authorizing 

legislation to transfer the United States Secret Service to Treasury, the Secretary of Homeland 

Security to transfer amounts from the Department of Homeland Security Office of Inspector 

General to support the Treasury OIG’s oversight of the Secret Service.

Office of Inspector General’s FY 2021 Budget Request

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

amended, the Treasury Inspector General submits the following information relating to the 

OIG’s requested budget for FY 2021:

• The aggregate budget request for the operations of the OIG is $48,335,000 comprised of 

$39,335,000 from direct appropriations, and $9,000,000 from reimbursable collections;

• The portion of this amount needed for OIG training is $650,000; and

• The portion of this amount estimated in support the Council of Inspectors General on 

Integrity and Efficiency (CIGIE) is $92,500.

The amount requested for training satisfies all OIG training needs for FY 2021.
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1.1 – Appropriations Detail Table

Dollars in Thousands

FY 2019 FY 2020 FY 2021 FY 2020 to 

FY 2021

Appropriated Resources Operating Plan Enacted Request % Change

New Appropriated Resources FTE AMOUNT FTE AMOUT FTE AMOUNT FTE AMOUNT

Audit 128 $28,524 128 $30,524 136 $29,524 3.0% 1.1%

Investigations 39 $8,520 39 $10,520 44 $9,811 3.3% 1.8%

Subtotal New Appropriated Resources 154 $37,044 167 $41,044 180 $39,335 7.70% -4.1%

Other Resources

Reimbursable 0 $6,000 0 $9,000 0 $9,000 0.0% 100.0%

Subtotal Other Resources 0 $6,000 0 $9,000 0 $9,000 0.0% 100.0%

Total Budgetary Resources 154 $43,044 167 $50,044 180 $48,335 7.70% -3.4%

Note: FTE = Full-time Equivalent Employment 

1.2 – Budget Adjustments Table

Dollars in Thousands

FTE Amount

FY 2020 Enacted 167 $41,044 

Changes to Base:

Maintaining Current Levels (MCLs): 0 $982 

Pay Annualization (2020 3.1% average pay raise) 0 $237 

Pay-Raise (1% average pay raise) 0 $231 

FERS Contribution Increase 0 $304 

Non-Pay 0 $210 

Other Adjustments: 13 $0 

Workforce FTE Adjustment 13 $0 

Subtotal Changes to Base 13 $982 

FY 2021 Current Services 180 $42,026 

Program Changes:

Program Decreases - ($2,691)

Reduction in Contracts and Absorption of Rent 

Increases - ($2,691)

FY 2021 President's Budget Request 180 $39,335 

C – Budget Increases and Decreases Description

Maintaining Current Levels (MCLs)............................................................+$982,000 / +0 FTE 

Pay Annualization (3.1%) +$237,000 / +0 FTE 

Funds are requested for annualization of the January 2020 3.1% average pay raise. 

Pay Raise (1.0% in 2021) +$231,000 / +0 FTE

Funds are requested for a 1.0% average pay raise in January 2021.

FERS Contribution Increase +$304,000 / +0 FTE 

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

effective FY 2021.
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Non-Pay +$210,000 / +0 FTE 

Funds are requested for inflation adjustments in non-labor expenses such as GSA rent 

adjustments, postage, supplies and equipment.

Other Adjustments .................................................................................................+$0 / +13 FTE

Workforce FTE Adjustment +0 / +13 FTE 

This adjustment is required to right-size the workforce to the funded FTE level.

Program Decreases ......................................................................................-$2,691,000 / -0 FTE

Reduction in Contracts and Absorption of Rent Increase -$2,691,000 / -0 FTE 

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

rent.

1.3 – Object Classification (Schedule O) Obligations

Dollars in Thousands

FY 2019 FY 2020 FY 2021

Object Classification

Actual

Obligations

Estimated

Obligations

Estimated

Obligations

11.1 - Full-time permanent 18,989 22,000 20,000

11.3 - Other than full-time permanent 0 10 10 

11.5 - Other personnel compensation 1,000 400 900 

11.9 - Personnel Compensation (Total) 19,989 22,410 20,910

12.0 - Personnel benefits 6,986 8,000 7,291

13.0 - Benefits for former personnel 0 15 15

Total Personnel and Compensation Benefits $26,975 $30,425 $28,216

21.0 - Travel and transportation of persons 968 700 700

23.1 - Rental payments to GSA 3,903 4,106 4,306

23.3 - Communications, utilities, and miscellaneous charges 0 900 900

24.0 - Printing and reproduction 0 10 10 

25.2 - Other services from non-Federal sources 2,200 2,100 2,300 

25.3 - Other goods and services from Federal sources 2,200 2,200 2,300

25.6 - Medical care 0 75 75

25.7 - Operation and maintenance of equipment 0 58 58

26.0 - Supplies and materials 0 200 200

31.0 – Equipment 1,960 250 250

91.0 - Unvouchered 0 20 20

43.0 - Interest and dividends 0 0 0 

Total Non-Personnel $10,831 $10,619 $11,119

Total Obligations $37,806 $41,044 $39,335

Full-time Equivalents (FTE) 154 167 180

Amounts reflect obligations of annually appropriated resources, carryover balances, reimbursables, and transfers. 
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D – Appropriations Language and Explanation of Changes

Appropriations Language Explanation of Changes

DEPARTMENT OF THE TREASURY

OFFICE OF INSPECTOR GENERAL

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, [$41,044,000]$39,335,000, 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, [2021]2022, 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, 2020.)

E – Legislative Proposals

The OIG has no legislative proposals.
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Section II – Annual Performance Plan and Report

A – Strategic Alignment

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

Treasury’s Strategic Plan for FY 2018-2022 including all objectives under the following goals: 

• Goal 1: Boost U.S. Economic Growth

• Goal 2: Promote Financial Stability

• Goal 3: Enhance National Security

• Goal 4: Transform Government-wide Financial Stewardship

• Goal 5: Achieve Operational Excellence

The FY 2021 requested resources will enable the OIG to perform 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 to keep 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 entity.

Major challenges and risks for Treasury: 

Operating in an Uncertain Environment

This challenge addresses the external factors and future uncertainties that affect the Department’s 

programs and operations. Among the most notable are the proposed changes included in the 

Office of Management and Budget’s (OMB) comprehensive “Government–wide Reform Plan

and Reorganization Recommendations” (Government–wide Reform Plan) to reorganize the 

Executive Branch. Tackling OMB’s proposed reformations and other critical matters at hand 

could be more challenging as Senate confirmed leadership positions and other key senior level 

positions within the Department remain vacant. Overall, human capital management remains a 

high risk area as the lengthy security clearance process has hampered the recruitment of 

cybersecurity personnel and other mission critical positions dealing with programs and materials 

of the highest sensitivity.

As another complicating factor, Treasury must operate in the repeated cycle of budget and debt 

ceiling stopgaps. While the debt ceiling has been lifted, through July 31, 2021, it is only 

temporary. The OIG will assess the Department’s ability to meet new mandates and manage 

challenges and risks to its programs and operations.

Cyber Threats

Treasury has maintained steady progress in addressing the continual and on-going challenges 

that the Federal Government and private sector face, including the threat of ransomware and 

difficulty obtaining cybersecurity personnel. 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. Attempted cyber-attacks against Federal agencies, including Treasury, and 

financial institutions continue to increase in frequency and severity, in addition to continuously 

evolving. There are risks that Treasury’s systems and resources already in use, including critical 

infrastructure, contain components from sources that have yet to be designated as threats. 
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The Department will need to monitor developments in this area closely and plan for the 

possibility that its current supply chain may no longer be available in the near future. 

In addition to its own networks and systems, the Department must be cognizant of, and mitigate, 

the risks posed by attacks made against other agencies and Treasury contractors and 

subcontractors. Furthermore, 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.

As an ongoing challenge, Treasury will need to balance cybersecurity demands while 

modernizing and maintaining information technology (IT) systems. To this end, Treasury must 

ensure that cyber security is fully integrated its IT investment decisions. OIG conducts audits of 

Treasury’s information systems and operations. As part of these audits, OIG conducts 

penetration tests of selected Treasury bureaus and offices to determine whether sufficient 

protections exist to prevent and detect unauthorized access to Treasury networks and systems. 

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

Identifying, disrupting, and dismantling the financial networks that support rogue regimes, 

terrorist organizations, transnational criminal organizations, and other threats to the national 

security of the United States and our allies continues to be challenging as the Office of Terrorism 

and Financial Intelligence’s (TFI) role to counter these financial networks and threats has grown 

because its economic authorities are key tools to carry out U.S. policy. Effective coordination 

and collaboration and TFI’s ability to effectively gather and analyze intelligence information 

requires a stable cadre of experienced staff. The security clearance process has significantly 

impacted Treasury’s human capital management and is a systemic issue government-wide. 

Stability, experienced leadership, and coordination within TFI is imperative to enhance 

information gathering and intelligence analysis and increase efficiency. 

Data security and information sharing are challenges for the Financial Crimes Enforcement 

Network (FinCEN), which has experienced unauthorized disclosures of Bank Secrecy Act 

information. The challenge for FinCEN is to ensure the Bank Secrecy Act data remain secure in 

order to maintain the confidence of the financial sector while meeting the access needs of law 

enforcement, regulatory, and intelligence partners. 

Given the criticality of Treasury’s mission, its role to carry out U.S. policy, and resource 

constraints, the OIG continues to consider anti-money laundering and combating terrorist 

financing programs and operations as inherently high-risk. Through OIG’s ongoing audits and 

reviews, the OIG monitors this high-risk area closely. 

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

Given the broad implications and critical roles assigned to Treasury by the Digital Accountability 

and Transparency Act of 2014 (DATA Act), it is considered an ongoing management challenge. 

The DATA Act requires the Federal Government to provide consistent, reliable, and useful 

online data about how it spends taxpayer dollars. Given the Department’s role in the 

Government-wide implementation of the DATA Act, Treasury OIG has provided continuous 

oversight since enactment of the law. While there have been successes to date, there is still much 
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to do. Concurrent with the work performed by the OIG, the office leads a multi-agency IG 

community DATA Act Working Group and provides educational oversight ensuring the IG 

community is carrying out responsibilities under the DATA Act. Reliable and transparent data is 

critical to the Department ongoing implementation of government-wide reforms for making data 

accessible and useful for decision-making as authorized by the Foundations for Evidence-Based 

Policymaking Act of 2018 (Evidence Act). The OIG will monitor the Department’s progress in 

this area.

The OIG also continues to identify and analyze the risks of improper payments and reviews the 

controls and safeguards put in place by Treasury to prevent and recover such payments as set 

forth in the Improper Payment Elimination and Recovery Act of 2010 (IPERA).

Information Technology Acquisition and Project Management

Government-wide implementation of the Federal Information Technology Acquisition Reform 

Act (FITARA) continues to be an ongoing challenge. FITARA expanded the involvement of 

Chief Information Officers of Federal agencies in IT decision making, including annual and 

multi-year planning, programming, budgeting, execution, reporting, management, governance, 

and oversight functions. Among FITARA specific requirements, the areas that Treasury needs 

most improvement were enhanced transparency and risk management and improved 

cybersecurity. Since February 2015, the Government Accountability Office has included the 

management of IT acquisitions and operations on its high-risk list as cost overruns and schedule

delays impact mission related outcomes government-wide. The OIG monitors the Department’s 

progress to fully implement FITARA requirements and management of IT projects.

Non-IT related acquisitions also require attention to ensure timely delivery and minimize cost 

overruns for achieving cost savings. In this regard, the OIG plans audit oversight of the Bureau 

of Engraving and Printing’s large construction project of a new facility to ensure continuity of 

operations of the bureau. 

Major challenges and risks for the Gulf Coast Ecosystem Restoration Council (Council)

Federal Statutory and Regulatory Compliance

The Council must ensure that activities and projects funded by the Resources and Ecosystems 

Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States Act of 

2012 (RESTORE Act) meet all environmental laws and regulations at the Federal and State 

level, and must also ensure its compliance with applicable laws and regulations as a Federal 

entity. The Council is challenged to follow Federal statutory and regulatory compliance 

requirements related to the DATA Act, IPERA, and the Evidence Act. The Council still faces 

challenges in meeting these Federal statutory and regulatory compliance stemming from the need 

for a reliable grants management system among other things. With the uncertainty of a 

successful transition to a new grants management system expected to be completed in fiscal year 

2020, the Council’s ability to comply with new as well as existing Federal requirements may be 

in question. The OIG will continue to focus audits on the Council’s continued implementation 

and compliance with key Federal mandates.
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Grant and Interagency Agreement Compliance Monitoring

Given the increase in grants and interagency agreements, the OIG continues to emphasize the 

necessity to monitor projects and award recipients of RESTORE Act funds. This challenge is 

further impacted by the Council’s transition to a new grants management system during fiscal 

year 2020. The OIG audits will focus on the Council’s monitoring controls in place to ensure 

projects’ and recipients’ comply with grant and agency agreements and funds are used as 

intended. 

In the Investigations operational area, OIG has established eight priorities for FY 2020:

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. The Office of Investigations receives complaints 

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 that involve Treasury 

bureaus issuing licenses, providing benefits, and exercising oversight of U.S. financial 

institutions; frauds involving improper Federal payments such as those involving stolen, 

counterfeit, altered or fraudulently obtained Treasury checks and ACH payments; frauds 

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

Forgery Insurance Fund; crimes involving the improperly-redirected benefits of federal 

government payees; and false claims of any kind that seek Federal payments, including federal 

income tax refunds, Social Security benefits, and Department of Veterans’ Affairs. These matters 

require prompt attention to protect the public and the integrity of the department.

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.
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Cyber Threats against Treasury Systems and Cyber Enabled Financial Crimes Fraud

The OIG conducts investigations into Cyber intrusions of Treasury systems, the illicit removal of 

Treasury protected information from Treasury systems and Cyber enabled criminal activity 

impacting Treasury programs and operations, such as Business Email Compromise, Personal 

Email Compromise and other schemes.

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.

Investigating Fraud Related to Persons Representing Themselves as “Sovereign Citizens” 

Submitting Fictitious Financial Instruments to Treasury, Financial Institutions, and Private 

Companies

The OIG conducts investigations into criminal activity associated with individuals who attempt 

to scam the Treasury, financial institutions, private companies, and citizens by submitting 

fictitious financial instruments purporting to be issued by or drawn on the Treasury or other 

counterfeit documents to perpetrate a variety of fraud schemes. These matters have become more 

prevalent and require prompt coordination with Federal, State, and local authorities to protect the 

targets of the scams. 

Identifying and Investigating Fraud Related to the RESTORE Act 

The RESTORE Act commits 80 percent of all administrative and civil penalties related to the 

Deepwater Horizon spill to the Gulf Coast Restoration Trust Fund. It also outlines a structure for 

using the funds to restore and protect the natural resources, ecosystems, fisheries, marine and 

wildlife habitats, beaches, coastal wetlands, and economy of the Gulf Coast region. As such, the 

act assigns Treasury several roles in administering the Trust Fund, including authorizing the 

Inspector General to investigate projects, programs, and activities funded under the act.
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B – Budget and Performance by Budget Activity

2.1.1 – Audit Resources and Measures

Dollars in Thousands

FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021

 Resource Level Actual Actual Actual Actual Actual Enacted Request

Appropriated Resources $24,947 $27,653 $26,014 $24,413 $25,699 $30,525 $29,524

Reimbursable $8,525 $7,299 $6,726 $6,116 $6,236 $9,000 $9,000 

Budget Activity Total $33,472 $34,952 $32,740 $30,529 $31,935 $39,525 $38,524

Full-time Equivalents (FTE) 135 137 115 119 128 128 136

Performance Measure

FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2019 FY 2020 FY 2021

Actual Actual Actual Actual Actual Target Target Target

Number of Completed 

Audit Products 75 86 90 91 79 74 82 74

Percent of Statutory Audits

Completed by the Required

Date

100 100 100 100 100 100 100 100

The FY 2015 - FY 2019 appropriated resources represents the approved operating plan. The FY 2015 - FY 2019 columns represent realized 

resources for full-time equivalents, reimbursables, and user fees.

Audit Budget and Performance

($29,524,000 from direct appropriations, and $9,000,000 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, 

effectiveness, of programs and operations within the Department and across OIG’s jurisdictional 

boundaries, which include those of the Council. The requested funding for FY 2021 is necessary 

to perform mandated work (including audits/assessments of financial statements, information 

systems security program and practices, cyber security information sharing, improper payments 

and recoveries, charge card programs. material loss reviews of failed insured depository 

institutions regulated by the OCC, and data quality audits of spending data), and to maintain an 

appropriate level of oversight of programs and operations consistent with the OIG’s 

responsibilities under the Inspector General Act of 1978, amended. In FY 2021, OIG will also 

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

DATA Act. Reimbursable funding agreements support financial statement audits of Treasury and 

oversight of the Small Business Lending Fund. Reimbursable funding agreements also support 

Treasury financial audits for which Treasury OIG is the lead office in selecting and overseeing 

contractor selection.

Description of Performance

The Office plans to complete 82 audit products in FY 2020, and 74 in FY 2021. The number of 

audit products was reduced beginning in FY 2019 due to decreased staffing to cover increased 

administrative costs (rent). In FY 2019, the Office of Audit completed 79 audit products, and met 

all statutory audit timelines. Audit products included audit reports, evaluation reports, the 

Inspector General’s Semi-Annual Reports to Congress, and the Inspector General’s annual 

memoranda to the Secretary of the Treasury and the designated Chairperson of the Gulf Coast 
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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 across its 

jurisdiction, the Office of Audit supports the OIG’s mission of promoting integrity, efficiency, 

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

programs and operations noted through OIG’s assessments directly support both the Treasury 

Department and the Gulf Coast Ecosystem Restoration Council in achieving their strategic goals 

and meeting their respective missions. 

2.1.2 – Investigations Resources and Measures

Dollars in Thousands

FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021

 Resource Level Actual Actual Actual Actual Actual Enacted Request

Appropriated Resources $6,237 $6,913 $7,164 $11,512 $11,345 $10,519 $9,811

Budget Activity Total $6,237 $6,913 $7,164 $11,512 $11,345 $10,519 $9,811

Full-time Equivalents (FTE) 33 33 43 42 39 39 44

Performance Measure

FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2019 FY 2020 FY 2021

Actual Actual Actual Actual Actual Target Target Target

Percentage of All Cases 

Closed During Fiscal Year 

That Were Referred for 

Criminal/Civil/Administrative 

Action.

87 84 84 98 80 74 80 80

The FY 2015 - FY 2019 appropriated resources represents the approved operating plan. The FY 2015 - FY 2019 columns represent realized 

resources for full-time equivalents, reimbursables, and user fees.

Investigations Budget and Performance 

($9,811,000 from direct appropriations): 

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

abuse impacting Treasury programs and operations. 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 almost $4 billion in Treasury-related contracts, there is an increased risk of contract fraud 

across all 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 contracts 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. 
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OI directs investigative efforts toward those that subvert bank examination processes, and/or 

perpetrate fraud impacting 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, the Office of Investigations 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 Fiscal Service. The Office of Investigations remains committed to 

investigating benefit, improper payment and other monetary fraud associated with the programs 

and operations of the Treasury Department. 

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

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

Department. 

Description of Performance

In FY 2019 the Office of Investigations met the Investigative Performance Measure target 

(Target – 80 percent; Actual – 80 percent), opened 63 new investigations and closed 119 

investigations. The OIG also referred 10 investigations that substantiated administrative 

violations against a Treasury employee to the appropriate regulated bureau for action. In 

addition, the OIG referred 81 investigations for criminal prosecution and 3 investigations 

involving 13 entities for civil prosecution. In FY 2019 the Office of Investigations charged 

and/or indicted 19 subjects. Ongoing investigations resulted in 32 subjects sentenced which 

resulted in fines, seizures, restitution, penalties and settlements of more than $29.5 million. 

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.

The Investigative Performance Measure is a percentage of all cases closed by the 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 aforementioned criteria.

Meeting or exceeding this goal demonstrates that the Office of Investigations is responsive to 

allegations and complaints referred to the office and 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. 

The office is working to meet or exceed this measure in both FY 2020 and FY 2021.

With the publication of the Treasury Strategic Plan for FY 2018-2022, OIG will work this year 

to baseline its performance against the new strategic objectives. This could result in changes to 

performance measures in the FY 2021 budget.

C – Changes in Performance Measures

OIG has no changes in performance measures.
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D – Use of Evidence and Evaluation

The OIG will be adding a data analysis function to its audits in order to use data to assess risk 

and feed decisions about programs requiring further evaluation within Treasury. The auditors 

within the Office of Audit will use this information to assess individual programs and to assess 

risk on a Treasury-wide level.

Section III – Additional Information

A – Summary of Capital Investments

The OIG has no capital investments. Capital investments that support the OIG are included in the 

Departmental Offices plan.

A summary of capital investment resources, including major information technology and nontechnology investments can be found at: https://www.treasury.gov/about/budgetperformance/Pages/summary-of-capital-investments.aspx