The Treasury Department’s Bureau of the Fiscal Service (BFS) Bureau of the Fiscal Service aspires to promote the financial integrity and operational efficiency of the federal government through exceptional accounting, financing, collections, payments, and shared services.  This is done through providing modern electronic options for paying federal charges, fees and taxes, facilitating all-electronic financial transactions,  meeting evolving federal financing needs at the lowest cost through modern, reliable, and secure technology, providing federal agencies and the public with accurate, accessible, and transparent information, and providing customer-centric services and solutions to agencies enabling better decision-making and high performance through innovation and standardization. 

BFS legal authority begins at 31 USC 306 31 U.S. Code § 306 – Fiscal Service | U.S. Code | US Law | LII / Legal Information Institute and their regulatory authority covers 31 CFR 200-399 eCFR :: 31 CFR Chapter II Subchapter A — Bureau of the Fiscal Service.  Notable information resources from BFS include the Financial Report of the United States Government, Monthly Treasury Statement, Daily Treasury Statement, Monthly Statement of the Public Debt, and Treasury Reporting Rates of Exchange Bureau of the Fiscal Service – Reports, Statements & Publications  BFS’ Fiscal Year 2026 Congressional Budget Justification Fiscal FY 2026 CJ request (p. 3) was $391.1 million and (p. 5) their proposed staffing would decline from 1,424 to 1,096 full time employees.

This blog post was submitted by Bert Chapman, Purdue University.