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FY24−25 Priority Goal
U.S. Department of the Treasury seal
U.S. Department of the Treasury

Improving the Payment Experience

Goal leaders

Timothy Gribben

Commissioner

Bureau of the Fiscal Service (USDT)

Daniel Werfel

Commissioner

Internal Revenue Service (USDT)

To achieve

Create a modern, seamless, inclusive, and secure Federal payment experience for the public that reduces costs, expands financial inclusion, and improves payment integrity. By September 30, 2025, Treasury will:

  1. Increase the electronic disbursement rate for non-tax Treasury-disbursed payments to 98.4% in FY 2025 compared with 98.2% in FY 2023.

  2. Increase the electronic disbursement rate for IRS individual tax refunds to 80.7% in FY 2025 compared with 79.7% in FY 2023.

  3. Increase the electronic collection rate for IRS individual and business tax receipts to 85.0% in FY 2025 compared with 83.0% in FY 2023.

*Increasing the percentage of non-tax disbursements and tax refund disbursements made electronically will convert an estimated 4.5 million paper checks to electronic during FY 2024 and FY 2025.

Progress Updates
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