Financial Management Service

Financial Management Service

Infobox Government agency
agency_name = Financial Management Service



logo_width = 200px
logo_caption = Logo



seal_width = 140px
seal_caption = Seal
formed = 1974
preceding1 = Bureau of Accounts
headquarters = Washington, D.C.
employees = 2,100
budget =
chief1_name = Judith R. Tillman
chief1_position = Commissioner
chief2_name = David A. Lebryk
chief2_position = Deputy Commissioner
parent_agency = Treasury Department
child1_agency =
website = [http://www.fms.treas.gov www.fms.treas.gov]
footnotes =
The Financial Management Service (or FMS) is a bureau of the United States Department of the Treasury and provides several financial services for the federal government. These services include centralized payment, collection, and reporting services, oversight of a daily cash flow of nearly $58 billion into and out of federal accounts, disbursement of more than $1.5 trillion to more than 100 million individuals via Social Security and veterans' benefits, issuance of tax refunds and other federal payments, collection of more than $2.67 trillion per year in payments to the government through financial institutions, and collection of delinquent debts owed to the government.

FMS has a total of 2,100 employees located in its headquarters offices in Washington, DC and Hyattsville, MD, and its five regional centers in Austin, Birmingham, Kansas City, Philadelphia and San Francisco. Before 1984, FMS was known as the Bureau of Government Financial Operations.

External links

* [http://www.fms.treas.gov/ Financial Management Service website]


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