'Assurance' falls short

Article Abstract:

A long-awaited report from the Postal Service's (USPS) Office of the Inspector General is harshly critical of the agency's revenue assurance program (RAP) that was created to ensure the collection of postage and fees for products and services that are due the USPS from mailers. The report found that the program's revenue assessments were not timely and mailers did not receive advance notices of deficiencies. It also noted that deficiencies assessed were occasionally based on incorrect information given by USPS personnel at the time of mail acceptance, and the appeals process was essentially flawed. Furthermore, the report found that mailers perceived the deficiencies to be driven by monetary goals.

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USPS expects $200M surplus in FY99

Article Abstract:

The US Postal Service is projecting a $200 million budget surplus in fiscal year 1999, but postmaster general William J. Henderson said he wants to see that increase to $400 million. Henderson said USPS needs a bigger surplus to assist in restoring equity and maintain 1999 rates for at least two years. The projected surplus is markedly less than the more than $1 billion profits reported in each of the past three years. The surplus decline is due to the postponement of the 2.9% increase until Jan. 10, 1999, said Henderson.

Legal/Government Regulation, Article

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Budget cuts 'not a crisis,' USPS says

Article Abstract:

US Postal Service (USPS) officials said the agency's budget woes are not that critical as portrayed by the media. The agency plans to reduce expenses by about $1 billion to cover for a projected revenue shortfall of more than $850 million. USPS COO Clarence Lewis blamed the revenue shortfall on a decision to postpone the rate increase to 2000. Lewis said the cost-cutting measures will be undertaken on a long-term basis rather than on an annual basis.

Government expenditures

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