INCOME POLICING

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Definitions

to police something means, "to control, regulate, keep in order, administer." Policing income ensures that the org is collecting the income from the services that it delivers, and that all org income is channeled into Treasury and into the bank without delays. If you follow a particle of money through the org, you see that it gets into the org, gets exchanged for a service and gets out of the org or into reserves. There is a definite routing for money. If the org fails to collect the money for the service that it delivers the exchange does not occur and there is lost income. If the money comes in but does not get to Treasury and for any reason gets sidetracked on the org lines, there is again some lost income. Through income policing actions, the Treasury Secretary ensures that the correct exchange does occur between the public and the org, and that the org does receive the income expected. (BPL 1 Feb 72 I)