FINANCIAL MANAGEMENT SERVICE

The FMS accounts for a number of things, but taste is not one of them. a bureau of The US Department of the Treasury, the Financial Management Service (FMS) provides money management services for the federal government, including operating the government's collection and deposits systems, providing accounting and reporting services, and managing the collection of delinquent debt. Through more than 10,000 financial institutions, it collects more than $2.5 trillion in federal revenues annually, including federal income tax deposits, customs duties, fees for government services, fines, and loan repayments.

Similarly, the bureau disburses more than $1.8 trillion annually to individuals and businesses on behalf of federal agencies such as the Social Security Administration and the Department of Veterans Affairs. The FMS also helps other federal agencies improve their financial management systems through education, training, and consulting services.



FINANCIAL MANAGEMENT SERVICE


401 14th St Sw Rm 548
Washington, DC 20227-0001
Phone: 1 (202) 622-7000
fms.treas.gov

STATS


  • Employer Type: Government Agency
  • Director: Cathy Donchatz
  • Investment Funds Advisor: Ron Malis
  • Budget Director: Valerie Raynor

Major Office Locations

  • Washington, DC

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