Follow us! >

USPS gives its regulator a budget boost – but not enough for ‘increased capacity’

The Postal Regulatory Commission said in a press release last week that it recently submitted a revised budget request of $22.613 million for FY 2024 to the USPS Board of Governors.

The commission said it submitted the revised budget request “in response to correspondence and discussions” with the USPS Board of Governors, regarding its initial budget request of $23.399 million.

The PRC said its revised budget request only covers increases in its fixed costs for fiscal 2024, “and does not fund increased capacity in fiscal 2024.”

Its initial request sought to fund increases to fixed costs, including inflationary adjustments to wages and benefits, lease payments and the addition of five full-time equivalent employees.

DeJoy, in an exclusive interview in July, said USPS was putting up with “nonsense” from the PRC’s public inquiry, and that the probe would draw out some of the agency’s most urgent reforms as it tries to turn around its long-term financial losses.

“Who is the Postal Service going after on this whole thing?” DeJoy said, adding that USPS is committed to meeting its service standards for on-time delivery of mail and packages. “We don’t need to be babysat.”

Sign up to receive our Daily Postal News blast

Related Articles

Tell us what you think below!

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Hot this week

USPS hits 3 billion holiday packages in ‘Christmas City’ Noel

NOEL, Mo. — A package with a special number arrived at the post office in Noel — or rather during this time of year — Noël.

USPS promises on-time delivery as Black Friday shopping surged — but past holiday data shows real risks

During the 2023 peak season, the Postal Service’s top package services — including its Priority Mail and Ground Advantage offerings — failed to meet some delivery-time targets, according to a report from the agency’s Office of Inspector General

Healing PTSD stamp gets special treatment in December

The Healing PTSD release has raised more than $2.2 million since its introduction in 2019. More than 18 million stamps have been sold.

Jewish NY postmaster grew, shaped USPS letters to Santa program in 1930s, ’40s

Goldman was the “father of the Santa Claus fund.” TIME recorded in 1941 that Goldman was “official opener of letters-to-Santa Claus.”

A Surprise When Your Package Arrives: You Have to Pay the Tariff

The loophole, known as the de minimis exemption, ended for items from China in May and for the rest of the world in August. Shoppers must now pay duties for the first time, often in amounts far higher than they expected.
spot_img

Related Articles

Popular Categories

spot_imgspot_img
Secret Link
0
Would love your thoughts, please comment.x
()
x