Audit finds wasteful spending during USPS' 2009 fiscal year

Share this article:

Although the US Postal Service has promised to drive down its own spending, a report released this month by its own inspector general's office found that agency's employees spent $792,000 on meals and events without justification in late 2008 and the first half of 2009. The USPS disclosed a net loss of $3.8 billion for fiscal year 2009.

The USPS inspector general's office also found that “purchases for ancillary items associated with conferences” – lodging, table linens and flowers – “that we consider excessive during this challenging economic time” totaled more than $54,000. The report also noted that the Postal Service cancelled 12 events that would've cost $323,334, due to financial concerns.

For its part, the USPS' management said, according to the report, which “organizational changes have been made recently to improve the efficiency of local purchasing activities.” A USPS representative could not be immediately reached for comment.

Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Direct Line Blog

Sign up to our newsletters

Latest Jobs:


Company of the week

Data Services, Inc. meets the needs of today's data-driven marketer by providing front-end database management and data analytics platforms alongside our expertise in global contact data quality, database building and ongoing maintenance that comes with our 45+ years in business.


Find out more here »

More in Direct Line Blog

Creative Marketing Is Good; Useful, Relevant Messages Are Better

Creative Marketing Is Good; Useful, Relevant Messages Are ...

The next wave of the digital evolution is pushing marketers toward hyper-relevance; but not everyone is catching on.

What (Truly) Matters to Millennials

What (Truly) Matters to Millennials

A recent study reveals the things that millennials really care about—and what moves them to make a purchase.

The Long, Hard Road to Marketing Sophistication

The Long, Hard Road to Marketing Sophistication

If there are times when you feel like you're way behind on the customer journey, well, you probably are. But so is nearly everyone else.