Note 17. Custodial Activity

Bureau of the Comptroller and Global Financial Services
November 17, 2014

The Department administers certain activities associated with the collection of non-exchange revenues, which are deposited and recorded directly to the General Fund of the Treasury. The Department does not retain the amounts collected. Accordingly, these amounts are not considered or reported as financial or budgetary resources for the Department. At the end of each fiscal year, the accounts are closed and the balances are brought to zero by Treasury. Specifically, the Department collects interest, penalties and handling fees on accounts receivable; fines, civil penalties and forfeitures; and other miscellaneous receipts. In 2014 and 2013, the Department collected $59 million and $45 million, respectively, in custodial revenues that were transferred to Treasury.