7.2: Other Data Activities
Implement a permanent process for continuous, proactive identification, preparation, and release of data on an ongoing basis. Other Information:
Ongoing Data Prioritization and Release Process Truly New, High‐Value Datasets and Information Holdings - Treasury is committed
to implementing a permanent process for continuous, proactive identification, preparation, and release of data on an ongoing
basis -- a pipeline which is explicitly incorporated into the strategic planning, IT planning, and budget formulation processes
of the agency. Treasury continues to develop a data release process that clearly outlines how security, privacy, quality,
and confidentiality risks will be managed before release. The data prioritization process will describe the criteria used
to determine if data is prioritized for release. Criteria may include value of the data with respect to a number of specific
dimensions, FOIA requests for data, public interest in the data, resources required to release the data, timeliness of the
data, and other similar factors. The process also may provide for a mechanism for agency employees to suggest high-value data
sets for release. Truly New, High-Value Datasets and Information Holdings High value information is information that can be
used to increase agency accountability and responsiveness; improve public knowledge of the agency and its operations; further
the core mission of the agency; create economic opportunity; or respond to need and demand as identified through public consultation.
Where Treasury provides public information maintained in electronic format, Treasury will develop a plan for timely publication
of the underlying data. This underlying data will be in an open format and as granular as possible, consistent with statutory
responsibilities and subject to valid privacy, confidentiality, security, or other restrictions. Treasury will identify key
audiences for its information and their needs, and endeavor to publish high-value information for each of those audiences
in the most accessible forms and formats. As part of a commitment to increase transparency in government and maintain accountability
of taxpayer dollars, Treasury compiled and made available three new datasets on Data.gov on December 9, 2009, over a month
ahead of the January 22, 2010 deadline established in the Open Government Directive. The information released included new
data on tax returns, more user friendly information on transactions under the Troubled Asset Relief Program (TARP), and a
new report on bank trading and derivatives. Treasury's open government effort includes making publicly available the following
sets of information and reports: * New Data on Tax Returns. For the first time, Treasury has released Internal Revenue Service
(IRS) Statistics of Migration Data. This data set shows migration patterns of tax filers moving across country and state lines.
This free information will be of use to local officials, real estate developers, business planners, and researchers. * New
Format for TARP Transaction Report. Treasury's Office of Financial Stability releases a TARP Transaction Report for every
new TARP transaction including investments made and funds repaid. In an effort to make the reports more user-friendly, they
will now be available in XML format for easy sorting of data. * Quarterly Report on Bank Trading and Derivatives. This report,
made available by the Office of the Comptroller of Currency, provides information on the federal government's supervision
of banks as well as the investment activities of financial institutions. As of the publication date of this Plan, Treasury
has posted 84 datasets on Data.gov (see Appendix B) and many additional datasets on the various Treasury related websites,
such as www.treasurydirect.gov/govt/reports/reports.htm (Bureau of Public Debt), www.fincen.gov/news_room/rp/index.html (FinCEN),
www.ots.treas.gov/?p=PublicationsData (Office of Thrift Supervision), and www.occ.gov/pubs1.htm (Comptroller of the Currency).
We have also provided these links directly from the www.treas.gov/open website under "Records and Reports", in direct response
to feedback received from our OPEN@do.treas.gov e-mail box.
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