The Department, along with other USG agencies, submits various data to the Federal Interagency Database Online at www.fido.gov. Included there is the Metric Tracking System (MTS), a performance measurement system that captures key financial management indicators across the Federal Government. The tool’s intent is to provide government managers, Congress, and other stakeholders the information to assess the financial management health of the Federal Government as a whole and for each individual agency. Tracking performance on indicators helps to guide financial management reforms and targets resources to areas where better stewardship of Federal financial resources is needed.
Agency data is published and compared monthly within MTS by the government-wide CFO Council and is available at www.fido.gov/mts/cfo.
In FY 2009, the Department improved its ratings over 2009 in four categories. Our prompt payment interest per million of vendor payments fell to just $93, earning a green rating over red last year. Our rating did not change in five of the nine categories. We rank above the government-wide rating in one category, equal the rating in three categories and rank below the average in five categories. While our worldwide operations make it difficult to achieve certain metrics, we continue to achieve improvements as our new global financial management system phases in completely.
| Measure and Frequency |
Why Is It Important |
State Sept 2009 |
State Sept 2008 |
Governmentwide Performance Standards |
Governmentwide Sept 2009 |
|||||
|---|---|---|---|---|---|---|---|---|---|---|
| Actual | Rating | Actual | Rating | Fully Successful |
Minimally Successful |
Unsuccessful |
Actual | Rating | ||
| Fund Balance With Treasury - Net Percent Unreconciled [Monthly] | Smaller reconciliation differences translate to greater integrity of financial reports and budget results. | 0.059% |  |
0.30% | |
< = 2% | > 2% to < = 10% |
> 10% | 0.034% | |
| Percent of Amount in Suspense (Absolute) Greater than 60 Days Old [Quarterly] | Timely reconciliation supports clean audits and accurate financial information. | 37.09% |  |
36% | |
< = 5% | >5% to < = 15% |
>15% | 21.51% | |
| Percent of Accounts Receivable from Public Delinquent Over 180 Days [Quarterly] | Actively collecting debt improves management accountability and reduces Treasury borrowing. | 34.60% | |
32% | |
< = 10% | > 10% to < = 20% |
> 20% | 11.12% |  |
| Percent of Vendor Payments made Electronically [Monthly] | Use of electronic funds transfer saves money, reduces paperwork, and improves cash management. | 92.91% | |
91% | |
> = 96% | > = 90% to < 96% |
< 90% | 97.76% | |
| Percent Non-Credit Card Invoices Paid On-Time [Monthly] | Timely payment reduces interest charges and reflects a high degree of accountability and integrity. | 97.41% | |
81% | |
> = 98% | > = 97% to < 98% |
< 97% | 98.81% | |
| Interest paid under Prompt Payment Act ($ Interest per Million Dollars of Payments) | Smaller amounts of interest paid per million show that an agency is paying its bills on time which saves money and allows funds to be used for their intended purpose. | $92.58 per million | |
$653 per million | |
< = $200.00 | > $200.00 to $300.00 |
>300.00 | $84.19 per million | |
| Travel Card Delinquency Rates - Individually Billed Accounts [Monthly] | Reducing outstanding travel card balances helps increase rebates to agencies. | 3.30% | |
2% | |
<= 2% | > 2% to < = 4% |
> 4% | 1.97% | |
| Travel Card Delinquency Rates - Centrally Billed Account [Monthly] | Reducing outstanding travel card balances helps increase rebates to agencies. | 0.49% | |
2% | |
= 0% | > 0% to < = 1.5% |
> 1.5% | 1.52% | |
| Purchase Card Delinquency Rate [Monthly] | Reducing outstanding purchase card balances helps increase rebates to agencies and reduces interest payments. | 0.56% | |
0.20% | |
= 0% | > 0% to < = 1.5% |
> 1.5% | 0.51% | |
