Tag Archives: Treasury Department

State and Local Grant Management Opportunities and Challenges

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With the CARES Act, the American Rescue Plan, and now infrastructure funding, state and local governments have a large pipeline of grant options to help further citizen support. In fact, White House initiatives aimed at providing relief to citizens total nearly $6 trillion.

However, applying for and later managing those grants can be an incredibly burdensome, and often manual process. With a wide variety of variables that need to be carried out and measured, the management of these grants involves a large number of people from multiple constituencies both within a state agency and outside it including grant applicants and recipients, various levels of government and agencies, and affiliated nonprofits. Multiple surveys and studies have shown that grantee organizations spend more than 40% of their grant resources on administration activities alone. Continue reading →

Breaking Blockchain Free of Cryptocurrency

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Blockchain may be best known for its role in enabling cryptocurrency to be tracked. While the use of cryptocurrency is still in its infancy, blockchain technology is proving to be applicable in a number of non-currency use cases.

Improving Public Transportation

The Federal Transit Administration is looking for ways to use blockchain as a way of "gamifying" decisions around transportation options. A proposed project, "blockchain-enabled transit incentivization," would, via an app, offer tokens to commuters who reserve a parking place or agree to use another mode of transportation. Using real time data about availability of parking, traffic congestion, and more, the app could change the incentives offered - making public transport a more appealing (and lucrative) option for people in transit. Blockchain could support the payment of those who chose incentivized public transit options as well as those who are using parking. The system could also promote equity in access to parking or other resources by factoring in a user's location or personal circumstances. Continue reading →

Planning Toward FY 2022 – A Peek at the Federal Budget

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The Biden Administration recently issued its request for 2022 spending. This practice is really more of a policy effort than actual budgeting, but serves to illustrate administration priorities to inform agencies as to what is likely to get approved in the final budget. The 2022 budget request has a number of IT-specific priorities, starting with the funding of the Technology Modernization Fund (TMF) at another $500 million for fiscal 2022. This would be in addition to the $1 billion that was invested as part of the American Rescue Plan Act--money that helped support the ongoing effort to digitize government services and operations.

The $58.4 billion in IT spending includes marked increases in the IT budgets of the Treasury Department, Department of Veterans Affairs, and the Department of Homeland Security. NASA and the Department of Commerce had small reductions to its IT budgets.

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A Short History of Shared Services…and What’s Next.

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Shared Services in government is nothing new. The idea began in the 1980s with the consolidation of payroll and some other administrative functions. In the '90s the focus was on creating entities that could provide common business functions across government and, in that effort, become a cost center.

The 2000s saw the rise of the term 'Line of Business' that looked at common business functions across government to identify opportunities to transform, streamline and share. The Obama Administration looked specifically to IT as a shared service, releasing the Federal IT Shared Services Strategy that provided federal agency chief information officers and key stakeholders guidance. This guidance focused on the implementation of shared IT services as a key principle of their efforts to eliminate waste and duplication, with the intention to reinvest in innovative mission systems.

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