Executive Summary

FY 2010 President’s Budget by Function 

(Dollars in Thousands) 

FY 2008 FY 2009 FY 2010 

Enacted* ARRA Enacted 

President's 

Budget 

Increase/ 

Decrease 

Percent 

Change 

Management & Financial $699,412 $238,000 $745,583 $808,992 $63,409 8.5% 

Departmental Offices Salaries and Expenses** 248,360 131,000 278,870 302,388 23,518 8.4% 

Dept-wide Systems & Capital Invest. Programs 18,710 26,975 9,544 (17,431) -64.6% 

Office of Inspector General 18,450 26,125 26,700 575 2.2% 

Treasury IG for Tax Administration 140,533 7,000 146,083 149,000 2,917 2.0% 

Community Development Financial Institutions 

Fund 94,000 100,000 107,000 243,600 136,600 127.7% 

Financial Crimes Enforcement Network 85,844 91,465 102,760 11,295 12.3% 

Alcohol & Tobacco Tax and Trade Bureau 93,515 99,065 105,000 5,935 6.0% 

 Less Offsetting Fees 0 -80,000 (80,000) 100.0% 

Net, ATTB 99,065 25,000 (74,065) -74.8% 

Treasury Forfeiture Fund -30,000 -50,000 (20,000) 66.7% 

Fiscal Service Operations $481,469 $0 $417,137 $426,376 $9,239 2.2% 

Financial Management Service 298,598 239,785 244,132 4,347 1.8% 

Bureau of the Public Debt 172,871 187,352 192,244 4,892 2.6% 

 Less Offsetting Fees 10,000 -10,000 -10,000 0 0.0% 

Net, BPD 182,871 177,352 182,244 4,892 2.8% 

Tax Administration $11,094,519 $80,000 $11,522,598 $12,126,000 $603,402 5.2% 

IRS Taxpayer Services 2,191,085 2,293,000 2,269,830 (23,170) -1.0% 

IRS Enforcement 4,780,000 5,117,267 5,504,000 386,733 7.6% 

IRS Operations Support 3,841,109 3,867,011 4,082,984 215,973 5.6% 

IRS Business Systems Modernization 267,090 229,914 253,674 23,760 10.3% 

IRS Health Insurance Tax Credit 

Administration 15,235 80,000 15,406 15,512 106 0.7% 

Total, Treasury Appropriations Committee $12,275,400 $318,000 $12,685,318 $13,361,368 $676,050 5.3% 

Treasury International Programs $1,327,579 $1,578,000 $2,483,375 $905,375 57.4% 

International Financial Institutions 1,277,289 1,493,000 2,341,305 848,305 56.8% 

Technical Assistance 20,235 25,000 31,440 6,440 25.8% 

Debt Restructuring 30,055 60,000 110,630 50,630 84.4% 

Total $13,602,979 $318,000 $14,263,318 $15,844,743 $1,581,425 11.1% 

* The FY 2008 Enacted includes Economic Stimulus funding of $202.1 Million for the IRS and $64.2 Million for FMS. 

**ARRA funding includes $123 Million for IRS and $7 Million for FMS. 

Overview 

The Department of the Treasury’s mission is 

to promote the economic prosperity and 

financial security of the United States. 

Treasury operates 13 bureaus with a vast 

array of activities that are critical to the core 

functions of Federal Government, including 

collecting revenue and disbursing payments, 

managing federal finances, and protecting 

the financial system from threats. Treasury 

also plays a key role in modernizing the 

American financial regulatory system and 

ensuring effective, transparent 

administration of programs designed to 

revive and strengthen the economy. 

The FY 2010 Budget requests $13.4 billion 

to fund the activities at the Department's 

nine appropriated bureaus. The request 

provides $676 million over the FY 2009 

enacted level, a 5.3 percent increase. The 

request also includes $2.5 billion to support 

Treasury’s International assistance 

programs. 

Department of the Treasury - Budget in Brief FY 2010 Page 1
The FY 2010 Budget has been developed in 

order to make significant progress towards 

the Department's four strategic goals: 

• U.S. and World Economies Perform 

at Full Economic Potential 

• Effectively Managed U.S. 

Government Finances 

• Prevented Terrorism and Promoted 

the Nation's Security Through 

Strengthened Financial Systems 

• Management and Organizational 

Excellence 

The Department’s proposed funding 

increases are targeted to address current and 

future economic challenges. The budget 

will support additional staff in Domestic 

Finance and Tax Policy offices, as well 

various management areas to ensure 

Treasury maintains expertise in an array of 

complex finance and government fields ; 

provide resources to strengthen tax 

collection; and expand the availability of 

affordable credit in distressed communities 

by significantly increasing resources for the 

Community Development Financial 

Institutions (CDFI) Fund, including funding 

for the Capital Magnet Fund, a new 

affordable housing grant program. 

In addition to providing justification for the 

Department’s appropriated bureaus, this 

document provides summary level 

information on the Department’s nonappropriated bureaus and financial stability 

activities. Together, the appropriated and 

non-appropriated funding at the Department 

will provide the resources Treasury needs to 

strengthen and protect the financial system 

and the Department's ability to effectively 

manage U.S. Government finances. 

Department of the Treasury - Budget in Brief FY 2010 Page 2
FY 2010 President’s Budget by Strategic Goal 

 (Dollars in Thousands) 

Effectively Managed 

US Government Finances 

U.S. and World Economies 

Perform at Full 

Economic Potential 

Prevented Terrorism & 

Promoted Nation's Security 

Managem

Organizationa

Treasury Goal/Objective 

Direct $ Reimb. $ Direct $ Reimb. $ Direct $ Reimb. $ Direct $ 

Management & Financial $68,339 $8,113 $352,184 $12,866 $212,425 $36,374 $226,044 

Departmental Offices Salaries and Expenses 55,839 5,996 96,084 10,749 104,665 10,374 45,800 

Dept-wide Systems & Capital Invest. Program 5,000 4,544 

Office of Inspector General 26,700 

Treasury IG for Tax Administration 149,000 

Community Development Financial Institutions Fund 243,600 

Financial Crimes Enforcement Network 102,760 26,000 

Alcohol & Tobacco Tax and Trade Bureau 12,500 2,117 12,500 2,117 

Fiscal Service Operations $426,376 $256,522 $0 $0 $0 $0 $0 

Financial Management Service 244,132 234,690 

Bureau of the Public Debt 182,244 21,832 

Tax Administration $11,856,572 $131,120 $0 $0 $269,428 $15,981 $0 

IRS Taxpayer Services 2,269,830 39,000 

IRS Enforcement 5,306,315 44,816 197,685 15,981 IRS Operations Support 4,011,241 47,304 71,743 Business Systems Modernization 253,674 

Health Insurance Tax Credit Administration 15,512 

Total, Treasury Appropriations Committee 1/ $12,351,287 $395,755 $352,184 $12,866 $481,853 $52,355 $226,044 

Treasury International Programs 2,483,375 

Total, Appropriated Level $14,834,662 $395,755 $352,184 $12,866 $481,853 $52,355 $226,044 Non Appropriated Bureaus $0 $0 $0 $3,632,348 $0 $0 $0 

Treasury Franchise Fund 

 

Bureau of Engraving and Printing 591,000 U.S. Mint 2,030,067 

Office of the Comptroller of the Currency 830,281 

Office of Thrift Supervision 181,000 

Subtotal, Direct $ $14,834,662 $352,184 $481,853 $226,044 Subtotal, Reimbursable $ $395,755 $3,645,214 $52,355 Total, Treasury Level $15,230,417 $3,997,398 $534,208 $3891/ Total does not include $50 million Forfeiture Fund Reduction 

Department of the Treasury - Budget in Brief FY 2010 Page 

3
U.S. and World Economies Perform at Full 

Economic Potential______________________

The current economic turmoil facing the 

United States calls for broad and 

extraordinary measures. The Administration 

has five primary goals for Treasury's 

economic programs: 

• Restore confidence in the 

strength of the U.S. financial 

system 

• Restart the flow of credit critical 

to financing American 

households and businesses 

• Preserve homeownership and 

avoid preventable foreclosures 

• Restore net jobs creation and 

positive economic growth 

• Safeguard taxpayer interests 

The Treasury Department is committed to 

playing an active role in building a healthy, 

more stable and more competitive freemarket economic system that can encourage 

people to invest, innovate, create jobs, and 

build stronger communities and better lives. 

In order to do so, it will require action on a 

scale that has not been seen in generation – 

and it will require more high quality people 

to execute this vision. The FY 2010 budget 

provides $8.7 million in additional funds 

over FY 2009 appropriated levels to 

significantly increase the staffing and 

resources available to the Office of 

Domestic Finance. The initiative will create 

two new Deputy Assistant Secretary (DAS) 

positions: one DAS for Housing Finance, 

Small Business and Consumer Issues and 

one DAS for Capital Markets. The two 

DASs will lead teams designed to support 

the economic research and modeling for 

these critical areas. 

The FY 2010 Budget includes an additional 

$4.9 million for the Office of Tax Policy. 

Tax specialists are needed to ensure that the 

Treasury Department is able to respond to 

the challenges of the financial crisis, support 

the financial stimulus plan, and address key 

tax policy issues, such as climate change and 

health care. The new resources will provide 

the Department with the tools needed to 

respond in a more flexible manner to new 

challenges and to ensure policy revisions are 

made to support the Administration’s 

priorities in key areas. 

The Department has put in place under the 

Financial Stability Plan a series of financial 

initiatives to help lay the foundation for 

economic recovery, including: 1) a broad 

program to stabilize the housing market by 

encouraging lower mortgage rates and 

making it easier for millions to refinance 

and avoid foreclosure; 2) a new capital 

program to provide banks with a safeguard 

against a deeper recession; 3) a major new 

lending program with the Federal Reserve 

targeted at the securitization markets critical 

for consumer and small business lending; 4) 

a program to set up funds to provide a 

market for the legacy loans and securities 

that currently burden the financial system; 

and 5) a program to ensure available and 

affordable credit for small businesses. 

Funding for the management of the $700 

billion Troubled Asset Relief Program 

(TARP) was provided by the Emergency 

Economic Stabilization Act of 2008. The 

chart below presents the public 

commitments that the Department has made 

for the various programs handled under the 

TARP umbrella. The $700 billion is 

expected to be fully committed in FY 2009, 

but the programs will take several years to 

complete.

Department of the Treasury - Budget in Brief FY 2010 Page 4
Emergency Economic Stabilization Act Programs

Purchase Cap1 

Capital Purchase Program $218,000,000 

Public-Private Investment Program2,3 $75,000,000 

Systemically Significant Failing Institutions Program $70,000,000 

Consumer and Business Lending Initiative2 

TALF 1.0 $20,000,000 

TALF Asset Expansion $35,000,000 

TALF for Legacy Securities $25,000,000 

Unlocking SBA Lending Markets $15,000,000 

Home Affordable Modification Program $50,000,000 

Targeted Investment Program $40,000,000 

Automotive Industry Financing Program and Auto Supplier Support Program $35,400,000 

Asset Guarantee Program4 $12,500,000 

Estimate of Redemption ($25,000,000) 

Capital Assistance and Other TBD Programs2 $129,100,000 

Total $700,000,000 

1

Amount applied to the Section 115 Purchase Cap. 

2

Subsidy rate will be revised from the current 33.33% placeholder. 

3

The TALF for Legacy Securities program categorized under the Consumer and Business Lending Initiative in this table will be implemented under the Public-Private 

Investment program. 

 4 Loan Guarantees are expected to be $419 billion, but Treasury will be limited to a $12.5 billion second loss. 

The President's FY 2010 Budget includes a 

$250 billion contingent reserve for further 

efforts to stabilize the financial system. 

(The reserve, which reflects a net cost to the 

Government, would support $750 billion in 

asset purchases.) The existence of this 

reserve in the Budget does not represent a 

specific request. Rather as events warrant, 

the Administration will work with Congress 

to determine the appropriate size and shape 

of any such efforts, and as more information 

becomes available the Administration will 

define an estimate of potential costs. 

Treasury also has assumed responsibility for 

the Housing Government Sponsored 

Enterprise (GSE) Programs, using authority 

granted under the Housing and Economic 

Recovery Act of 2008 (HERA). The GSE 

effort consists of three different programs 

with respect to the two GSEs, the Federal 

National Mortgage Association (Fannie 

Mae) and Federal Home Loan Mortgage 

Corporation (Freddie Mac), and the Federal 

Home Loan Banks (FHLBs). These 

programs were created to support mortgage 

availability and financial market stability 

while protecting taxpayer interests. The 

chart below presents existing and expected 

disbursements for the three programs. 

Treasury's authority to enter into new 

agreements under HERA expires on 

December 31, 2009.

Housing Government Sponsored Enterprise Programs

(Dollars in Thousands) 

 FY 2008 FY 2009 FY 2010 

Program Activity Actual Estimated Estimated 

Preferred Stock Purchase Agreements Obligations $0 $105,900,000 $41,293,000 

Securities 

GSE MBS Purchase Program Purchased $5,000,000 $249,000,000 $60,000,000 

GSE Credit Facility Loan Levels $0 $0 $0 

The Budget also significantly increases funding for Community Development.

Department of the Treasury - Budget in Brief FY 2010 Page 5
Financial Institutions (CDFI) Fund, to a 

level of $243.6 million. Through meritbased grant programs, the CDFI Fund helps 

locally based financial institutions offer 

small business, consumer and home loans in 

communities and populations that lack 

access to affordable credit. The funding 

level for the CDFI Fund includes $80 

million for the Capital Magnet Fund, which 

is a new grant program established by the 

Housing and Economic Recovery Act 

(HERA) of 2008. This important new 

program will increase financing for the 

development, preservation, rehabilitation, 

and purchase of affordable housing or 

economic development projects (such as day 

care centers, workforce development 

centers, and health care clinics) in lowincome communities. CMF will complement the CDFI Fund’s existing programs 

to support community development in lowincome and underserved rural 

neighborhoods. 

The Department's non-appropriated bureaus 

also play a critical role in providing the 

regulation and currency needed for the 

economy to run smoothly. The Office of the 

Comptroller of the Currency (OCC) supervises approximately 1,629 national bank 

charters and 49 federal branches of foreign 

banks in the United States. Total assets 

under the OCC supervision are 

approximately $8.3 trillion or 70 percent of 

total U.S. commercial banking assets. The 

downturn in housing and the broader 

economy is having an adverse effect on 

national banks’ loan portfolios, with the 

levels of nonperforming and past due loans 

increasing. Responding to deteriorating 

credit quality and ensuring adequate 

liquidity, loan loss reserves, and capital 

buffers are maintained, will continue to be 

major focal points for the agency and the 

industry in the coming year. 

The Office of Thrift Supervision (OTS) 

regulated 818 thrifts at the end of the FY 

2008 with total assets of $1.18 trillion; OTS 

also supervised 469 holding company 

enterprises with approximately $8.1 trillion 

in U.S. domiciled consolidated assets. In 

response to the decline in the housing 

market, OTS has urged thrifts to bolster 

reserves for potential loan losses by 

significantly adding to their loan loss 

provisions. OTS is also encouraging thrifts 

to strike the appropriate balance between 

working with distressed borrowers to 

restructure loans to prevent avoidable foreclosures and ensuring sufficient recoveries 

to avoid further erosions in capital. 

The Bureau of Engraving and Printing 

(BEP) and the U.S. Mint are responsible for 

providing the nation's currency and coins, 

which are essential for the Federal Reserve's 

banking policies and for customer demands 

at banks and thrifts. BEP expects to produce 

and deliver 7.2 billion notes to the Federal 

Reserve System in 2010, an increase of six 

percent over the 2009 program. The Mint 

expects to produce and distribute 

approximately 8.5 billion coins to meet 

demand for circulating coins during FY 

2010, a decrease of 13.1 percent over 

estimated FY 2009 levels. 

 

Effectively Managed U.S. Government 

Finances ______ 

Collecting the revenue that funds the Federal 

government is a core mission of the 

Department of the Treasury. The Department’s priorities are to enforce the nation’s 

tax laws in a fair and uniform manner, 

minimize taxpayer burden, and provide 

service to taxpayers to maximize voluntary 

compliance and reduce the tax gap. The IRS 

serves every individual, business, and nonprofit organization in the nation, and 

processes over 250 million tax returns 

annually. 

Department of the Treasury - Budget in Brief FY 2010 Page 6
The FY 2010 budget request includes 

$12.126 billion for the IRS, which is an 

increase of $603 million above the FY 2009 

enacted level. This includes: 

• $8 billion for the enforcement 

program, which is funded in the 

Enforcement and Operations Support 

appropriations. In FY 2008 direct 

revenue from enforcement activities 

totaled $56.4 billion, yielding a 

return on investment of over five to 

one for all IRS activities. 

Additionally, vigorous enforcement 

encourages voluntary compliance, 

further increasing revenue. This 

impact is conservatively estimated to 

be at least three times the direct 

revenue impact. New enforcement 

initiatives, totaling $332 million will 

allow the IRS to address 

underreporting of tax associated with 

international activities and reduce 

noncompliance among businesses 

and high-income taxpayers. These 

initiatives will generate $2.0 billion 

in additional annual enforcement 

revenue once the new hires reach full 

potential in FY 2012. 

• $3.9 billion for the taxpayer service 

program, which is funded in the 

Taxpayer Service and Operations 

Support appropriations. This 

funding will support continued 

improvements to both the quality and 

efficiency of taxpayer service, using 

a variety of person-to-person, 

telephone, and web-based methods 

to help people understand their tax 

obligations and pay their taxes. In 

FY 2010, the IRS will increase selfservice applications, continue to 

ensure web navigation is userfriendly and improve the quality and 

accuracy of its telephone responses. 

• $254 million for Business Systems 

Modernization. This funding will 

support continued investments to 

modernize core IT systems, giving 

IRS employees the technology they 

need to continue to administer and 

improve both service and 

enforcement. In 2009, the IRS 

shifted its focus from concurrent 

development of a database and 

associated applications to a strategy 

that focuses on completion of the 

core taxpayer account database. 

This approach will allow the IRS to 

accelerate data conversion to the 

new database while also addressing 

security, financial material 

weaknesses, and long-term 

architectural planning concerns. 

Once completed, the core database 

will improve the overall 

functionality of existing 

modernization systems, as well as 

improve overall customer service to 

taxpayers. 

The Alcohol and Tobacco Tax and Trade 

Bureau (TTB) serves as the Nation’s 

primary federal authority in the regulation of 

the alcohol and tobacco industries. In FY 

2008, the TTB collected $14.6 billion in 

excise taxes, interest, and other revenues. In 

FY 2010 TTB is funded at $105 million, 

including $80 million in new user fees. The 

increase in user fees is attributable to the 

Administration's legislative proposal to 

transition the alcohol and tobacco regulatory 

system from an appropriated resources 

based system to a user fee based system that 

utilizes resources provided by licenses and 

other fees. 

Department of the Treasury - Budget in Brief FY 2010 Page 7
In addition to collecting revenue, Treasury’s 

management of the Federal Government’s 

finances includes disbursing payments, 

preparing public financial statements, and 

issuing debt. The Financial Management 

Service (FMS) provides central payment 

services to Federal Program Agencies 

(FPAs), operates the Federal Government’s 

collections and deposit systems, provides 

government-wide accounting and reporting 

services, and manages the collection of 

delinquent debt owed to the Government. In 

FY 2008, FMS issued nearly 1 billion nonDefense payments worth $1.8 trillion to a 

wide variety of recipients (79 percent issued 

electronically). In addition to its normal 

duties, in FY 2008 FMS administered 119 

million payments under the Economic 

Stimulus Act of 2008. In FY 2009, FMS 

expects to administer an additional 64 

million payments under the American 

Recovery and Reinvestment Act. The FY 

2010 Budget provides $244.1 million for 

FMS activities. 

The Bureau of Public Debt (BPD) borrows 

the money needed to operate the federal 

government, account for the resulting debt 

and provide reimbursable support services to 

Federal agencies through the Treasury 

Franchise Fund. BPD annually auctions and 

issues more than $4.6 trillion in Treasury 

bills, notes, bonds and Treasury 

Inflation-Protected Securities (TIPS); 

effectively regulates the primary and 

secondary Treasury securities markets; 

ensures reliable systems and processes are in 

place for issuing, transferring, paying 

interest on and redeeming Treasury 

securities; issues and redeems more than 70 

million paper savings bonds each year; 

administers in excess of $4 trillion in 

investments for more than 240 federal trust 

funds; and provides timely and accurate 

information on the public debt. The FY 

2010 Budget provides $182.2, including $10 

million in offsetting collections, for BPD 

activities. 

Promoting National Security 

The Treasury Department, through its Office 

of Terrorism and Financial Intelligence 

(TFI), supports the Department's intelligence 

and enforcement functions with the twin 

aims of safeguarding the financial system 

against illicit use and combating rogue 

nations, terrorist facilitators, weapons of 

mass destruction (WMD) proliferators, 

money launderers, drug kingpins, and other 

national security threats.

TFI had a number of successes in FY 2008, 

which it plans to build upon for a successful 

FY 2009 and FY 2010. These achievements 

included persuading a number of the world’s 

leading financial institutions of the risks of 

dealing with Iran and Iranian banks; 

designating and blocking key Zimbabwe 

regime supporters; completing actions 

against FARC (Revolution Armed Forces of 

Colombia); leading efforts within the 

Financial Action Task Force; and increasing 

collaboration with Intelligence Community. 

The FY 2010 Budget provides $64.6 million 

for TFI activities, a four percent increase 

over FY 2009 appropriated levels. This 

funding level includes resources the 

Afghanistan Threat Finance Cell. In 

addition, the FY 2010 budget provides 

resources to increase the protection of the 

Department’s IT systems from external 

threats and support Top Secret/SCI 

information technology systems. 

In addition to the resources requested for 

TFI, Treasury requests $102.8 million for 

the Financial Crimes Enforcement Network 

(FinCEN), which is responsible for 

administering the Bank Secrecy Act (BSA). 

FinCEN enhances U.S. national security, 

deters and detect criminal activity, and 

Department of the Treasury - Budget in Brief FY 2010 Page 8
safeguards financial systems from abuse by 

promoting transparency in the U.S. and 

international financial systems. The Budget 

provides additional resources to improve 

FinCEN’s collection, storage, sharing and 

analysis of BSA data. This is part of a 

multi-year investment which will enrich and 

standardize BSA data to maximize value, 

integrate data with other tate and federal 

sources, deploy advanced analystical and 

stoarge technologies, and establish more 

effective security and audit technologies to 

enhance data confidentiallity and integrity. 

Management and Organizational 

Excellence 

Strengthening the management & 

infrastructure of the Treasury Department, 

across all bureaus, is one of the critical 

priorities for the FY 2010 budget. The 

financial crisis has strained an already thin 

management infrastructure. Key support 

functions – human resources, information 

technology, facilities and space, accounting 

and financial management – are essential 

services supporting the Treasury offices 

working on which financial recovery efforts. 

The Budget provides $3 million to the 

Department to provide IT, human resource, 

procurement, and financial management 

support. The Budget also allows $4.5 

million to continue repairs to the Treasury 

Annex building, to ensure the safety and 

health of the occupants. 

The Office of Inspector General is required 

to keep both the Secretary and the Congress 

fully and currently informed about the 

problems and deficiencies relating to the 

administration of department programs and 

operations and the necessity for corrective 

action. The Budget provides $26.7 million 

for OIG activities. The OIG is mandated to 

conduct a material loss review on significant 

bank failures; in the past, this activity has 

been limited to one or two reviews a year. 

Due to the economic crisis, OIG is facing a 

tenfold increase in this mandatory workload. 

In FY 2010, the OIG expects to complete 62 

Audit products, meet all statutory audit 

requirements, and meet or exceed the 

investigative targets. 

The Treasury Inspector General for Tax 

Administration (TIGTA) provides audits and 

investigative services that promote 

economy, efficiency, and integrity in the 

administration of the internal revenue laws. 

The FY 2010 President's Budget request for 

TIGTA will be used to adapt to the IRS's 

continuously evolving operations and 

mitigate intensified risks associated with 

modernization, security, addressing the Tax 

Gap, and human capital challenges facing 

the IRS. The Budget will also allow TIGTA 

to respond to threats and attacks against IRS 

employees, property, and sensitive 

information; improve the integrity of IRS 

operations by detecting and deterring fraud, 

waste, abuse or misconduct by IRS 

employees; and conduct comprehensive 

audits, inspections, and evaluations that 

include recommendations for monetary 

benefits and enhancing IRS' service to 

taxpayers. Finally, with these resources 

TIGTA will inform the American people, 

Congress, and the Secretary of the Treasury 

of problems and progress made to resolve 

them. The FY 2010 Budget provides $149 

million for TIGTA activities. 

Department of the Treasury - Budget in Brief FY 2010 Page 9
Fiscal Year Comparison of Full-Time Equivalent (FTE) Staffing 

(Direct and Reimbursable) 

FY 2008 Actual FY 2009 Estimated FY 2010 President's Budget Appropriation 

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

Departmental Offices Salaries and Expenses 1,022 106 1,128 1,204 137 1,341 1,266 137 1,403 

Administrative Expenses, Recovery Act 570 570 892 892 

Office of Inspector General 103 0 103 154 0 154 154 0 154 

Treasury IG for Tax Administration 781 3 784 835 3 838 835 3 838 

Office of Financial Stability 134 0 134 225 0 225 

Community Development Financial Institutions Fund 58 0 58 75 0 75 75 0 75 

Financial Crimes Enforcement Network 311 1 312 330 1 331 331 1 332 

Alcohol & Tobacco Tax and Trade Bureau 510 10 520 525 15 540 550 15 565 

Financial Management Service 1,643 242 1,885 1,681 260 1,941 1,681 260 1,941 

Bureau of the Public Debt 1,265 16 1,281 1,042 0 1,042 1,042 0 1,042 

Internal Revenue Service 90,647 1,038 91,685 94,209 1,077 95,286 95,081 1,088 96,169 

Subtotal, Treasury Appropriated Level 96,340 1,416 97,756 100,759 1,493 102,252 102,132 1,504 103,636 

Working Capital Fund 0 205 205 0 205 205 0 205 205 

Treasury Franchise Fund 0 767 767 0 982 982 0 965 965 

Bureau of Engraving and Printing 0 2,018 2,018 0 2,075 2,075 0 2,050 2,050 

U.S. Mint 0 1,908 1,908 0 1,947 1,947 0 1,979 1,979 

Office of the Comptroller of the Currency 0 3,028 3,028 0 3,127 3,127 0 3,161 3,161 

Office of Thrift Supervision 0 1,029 1,029 0 1,095 1,095 0 847 847 

Terrorism Insurance Program 9 0 9 10 0 10 10 0 10 

Special Inspector General for the TARP 0 0 0 100 0 100 150 0 150 

Total 96,349 10,371 106,720 100,869 10,924 111,793 102,292 10,711 113,003 

Summary of FY 2010 Increases and Decreases 

 (Dollars in Thousands) 

DO DSCIP OIG TIGTA CDFI FINCEN TTB TFF FMS BPD IRS Total 

FY 2009 Enacted $278,870 $26,975 $26,125 $146,083 $107,000 $91,465 $99,065 $239,785 $187,352 $11,522,598 $12,725,318 

Across the Board Program 

Reduction ($1,464) ($9) ($504) ($69) ($323) ($217) ($1,174) ($944) ($13,732) (18,436) 

GAO Audit $1,500 $10,000 11,500 

Non-Pay Inflation 

Adjustments 1,531 0 90 318 107 495 421 808 706 31,113 35,589 

Pay Annualization 

Adjustments 1,587 0 166 1,110 76 419 556 1,558 1,135 80,054 86,661 

Pay Inflation Adjustments 3,259 0 328 2,340 136 834 1,014 3,155 2,495 148,894 162,455 

Maintaining Current 

Levels $4,913 $0 $575 $3,264 $250 $1,425 $1,774 $4,347 $4,892 $256,329 $277,769 

Base Realignment 0 0 0 0 0 0 0 0 0 0 0 

Non-Recurring Costs 0 (26,975) 0 (347) 0 (130) 0 0 0 (109,765) (137,217) 

Initiative Annualizations 1,731 0 0 0 0 0 0 0 0 0 1,731 

Transfers 0 0 0 0 0 0 0 0 0 0 0 

Efficiency/Savings 0 0 0 0 0 0 (1,339) 0 0 (8,360) (9,699) 

Base Reinvestments 0 0 0 0 0 0 0 0 0 2,331 2,331 

Adjustments to Base $1,731 ($26,975) $0 ($347) $0 ($130) ($1,339) $0 $0 ($115,794) ($142,854) 

FY 2009 Base $285,514 $0 $26,700 $149,000 $107,250 $92,760 $99,500 $244,132 $192,244 $11,663,133 $12,860,233 

Program Decreases 0 0 0 0 (2,000) 0 0 (958) (1,734) 0 (4,692) 

Program Reinvestments (2,110) 0 0 0 0 0 0 958 1,734 0 582 

Program Increases 18,984 9,544 0 0 138,350 10,000 5,500 0 0 462,867 645,245 

FY 2010 President's 

Budget $302,388 $9,544 $26,700 $149,000 $243,600 $102,760 $105,000 $244,132 $192,244 $12,126,000 $13,501,368 

Offsetting Fees and 

Cancellation of 

Unobligated Balances 0 0 0 0 0 0 (80,000) (50,000) 0 (10,000) 0 (140,000) 

FY 2010 President's 

Budget less Offsetting 

Fees $302,388 $9,544 $26,700 $149,000 $243,600 $102,760 $25,000 ($50,000) $244,132 $182,244 $12,126,000 $13,361,368 

Department of the Treasury - Budget in Brief FY 2010 Page 10