USPS Board of Governors approves appropriation request of $117.7m for 2009

Share this content:

The US Postal Service's Board of Governors approved an appropriation request of $117.7 million for fiscal year 2009 yesterday.

Every year, the board makes an appropriation request to Congress. For the fiscal year 2008, the board requested $153.4 million. At this time, the House has recommended $88.9 million and the Senate has recommended $117.9 million.

"The main reason for the lower appropriation request for FY 09 compared to FY 08 is because of lower mail volume in the free mail category," said Dave Partenheimer, a USPS spokesman.

For the fiscal year 2009, the board's request included a reimbursement of $69.8 million for services such as free mail for the blind and overseas voting. The USPS is required to provide these services without charge.

The request also included $29 million for the latest annual installment from the Revenue Forgone Reform Act of 1993. In accordance with this act, the USPS is entitled to be reimbursed for lost revenue as a result of certain services it was required to provide in fiscal years 1991 through 1993. This amount also covers shortfalls in reimbursement related to the cost of processing and delivering certain types of nonprofit mail from 1994 through 1998.

The appropriation request also included reconciliation adjustments for fiscal years 2006 and 2007 of $16.1 million and $2.8 million, respectively. These amounts are based upon final audited mail volumes. By law, the USPS is authorized to request partial reimbursement for costs related to providing universal service. However, since fiscal year 1993, the USPS has not requested funds for this purpose.

close

Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above