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Treasury Fiscal Service Consolidation Proposal

Learn about the Treasury's proposal to merge BPD and FMS into the Fiscal Service to save $36 million, part of ongoing efficiency efforts including IT integration for extra savings.

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Treasury Fiscal Service Consolidation Proposal

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  1. Treasury Press Release dated Feb. 13, 2012 “As part of its continued efforts to help make government more efficient, Treasury is proposing to consolidate the Bureau of the Public Debt (BPD) and the Financial Management Service (FMS) into a single organization named the Fiscal Service. This consolidation would save an estimated $36 million over five years through management, administrative, and support service efficiencies. The proposed consolidation comes on the heels of the merger of FMS and BPD’s data centers, which Treasury completed in January 2012. This data center merger and ongoing integration of the two bureaus’ IT services are projected to save an additional $129 million over five years.”

  2. Some Things That Could Change… • Our Name • Our email addresses • Our forms • SLGSafe • Our website When? TBD Stay Tuned!

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