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B-239955 1 (1991-06-18)

handle is hein.gao/gaobadnxa0001 and id is 1 raw text is: Decision jMatter of: Physical Loss of Private Funds fle: B-239955 Date: June 18, 1991 1. Department of Treasury may pay claim arising from loss of currency in Treasury mailroom out of funds available for the operation of the mailroom where the loss occurred. 2. Currency delivered to Department of Treasury mailroom is loss for which mailroom personnel are accountable. Bt -¢I- N Mr. W. E. Douglas, Commissioner, Financial Management Service (FMS), Department of Treasury, requests an advance decision regarding the payment of a claim arising out of the loss of mutilated currency mailed to the Treasury. We conclude that Treasury may pay the claim from the appropriation currently available for the operation of the mailroom. BACKGROUND Pursuant to 31 U.S.C. S 5120(b) (1), the Department of Treasury is authorized to receive obsolete, mutilated and worn United States currency for redemption. Treasury regulations, 31 C.F.R. S 100.9, require that such currency be sent to FMS for replacement even though that function is now the responsibility of the Bureau of Engraving and Printing.A/ The First National Bank of Gilmer, Texas is requesting that the Department of Treasury pay the Bank $1,018.00, the value of mutilated currency the Bank sent by registered mail to FmS. Although Treasury's records indicate that FMS received the registered mail from the Bank, there is no record that the mail was logged out of the FMS mailroom or sent to the Bureau of Engraving and Printing in accordance with unwritten FMS mailroom procedures. An investigation by Treasury's Inspector General revealed no evidence of theft by mailroom employees. Treasury dots not dispute the Bank's claim. 1/ In fact, the regulations still require that the currency be sent to the Bureau of Government Financial Operations, the former title of FMS.

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