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FOR IMMEDIATE RELEASE
Nov. 6, 2009
Media Contact: Yvonne Yoerger
(O) 202-268-8596
(C) 202-258-4322
yvonne.yoerger@usps.gov

usps.com/news
Release No. 09-093

Board of Governors to Meet Nov. 12-13 in Washington, DC

WASHINGTON—The Board of Governors of the U.S. Postal Service will meet at Postal Service headquarters, 475 L’Enfant Plaza, SW, Nov. 12-13. The public is welcome to observe the Board’s open session, scheduled to begin at 8:30 a.m., Nov. 13, in the Ben Franklin Room on the 11th floor. The Board is expected to discuss the following items:

Friday, Nov. 13 at 8:30 a.m.

  1. Call to order and approval of minutes of previous meetings.
  2. Remarks of the Chairman of the Board.
  3. Remarks of the Postmaster General and CEO.
  4. Committee reports.
  5. Consideration of fiscal year 2009 10-K, financial statements and Postal Service annual report.
  6. Consideration of fiscal year 2010 Integrated Financial Plan.
  7. Consideration of fiscal year 2009 comprehensive statement and annual performance plan.
  8. Quarterly report on service performance.
  9. Tentative agenda for the Dec. 8, 2009, teleconference meeting.
  10. Election of Chairman and Vice Chairman of the Board of Governors.
  11. Adjourn.

The Postal Service receives no tax dollars for operating expenses, and relies on the sale of postage, products and services to fund its operations.

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A self-supporting government enterprise, the U.S. Postal Service is the only delivery service that reaches every address in the nation, 150 million residences, businesses and Post Office Boxes. The Postal Service receives no tax dollars. With 36,000 retail locations and the most frequently visited website in the federal government, the Postal Service relies on the sale of postage, products and services to pay for operating expenses. Named the Most Trusted Government Agency five consecutive years and the sixth Most Trusted Business in the nation by the Ponemon Institute, the Postal Service has annual revenue of more than $68 billion and delivers nearly half the world’s mail. If it were a private sector company, the U.S. Postal Service would rank 26th in the 2008 Fortune 500.