FEDERAL CASH MANAGEMENT

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80M00165A002100060016-9
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 2
• Document Creation Date: December 15, 2016
• Document Release Date: February 18, 2004
• Sequence Number: 16
• Publication Date: November 14, 1977
• Content Type: MF

Approved For Release 2004/03/11 : CIA-RDP80M00165A00022100060016-9
November 14, 1977
MEMORANDUM FOR THE HEADS OF
EXECUTIVE DEPARTMENTS AND AGENCIES
SUBJECT: FEDERAL CASH MANAGEMENT
I have directed my reorganization staff, in conjunction
with the Treasury Department, to conduct a comprehensive
review of cash management policies, practices and organi
zation.throughout the Federal government.
The purpose of this effort is to identify further
opportunities to apply modern cash management techniques
to our massive cash flow. Within the constraints of
monetary and economic policy, and building on the con-
tinuing work of the Treasury Department, the effort will
seek ways to use our cash more efficiently with a view
toward reducing Federal debt requirements and interest
costs. The study will pay special attention to how
effectively the government collects and disburses money,
compensates banks and other financial institutions for
services, controls cash balances, and provides incentives
to make Federal managers more aware of the cash management
implications of their decisions.
Representatives of my reorganization staff will contact
you. They may ask you for help, advice, staff resources,
or to participate in reviewing your own cash management
activities. Inasmuch as Iconsider this to be a major
management improvement effort, I trust you will share my
enthusiasm and cooperate to the fullest extent possible.
In order to inform all affected parties that this review
is underway, I have directed that this memorandum be
published in the Federal Register.
Approved For Release 2004/03/11 : CIA-RDP80M00165A002100060016-9
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Approved For Release 2004/03/11 : CIA-RDP80M00165AO02100060016-9