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Aug
21
2019
Report Number:
FCS-FM-19-020
Report Type:
Audit Reports
Category: Finance

Meter Revenue Refunds – W.T. Harris Station, Charlotte, NC

Background

This report presents the results of our self-initiated audit of meter revenue refunds at the W.T. Harris Station in Charlotte, NC. The W.T. Harris Station is in the Mid-Carolinas District of the Capital Metro Area.

Account Identifier Code (AIC) 526, Refund Spoiled or Unused Customer Meter Stamps, is used to record refunds of spoiled or unused postage meter stamps from customer postage meters.

OIG data analytics identified the W.T. Harris Station as having $78,368 in meter revenue refunds from January 1 through March 31, 2019, compared to $48,973 for the prior quarter (October 1 through December 31, 2018), which is a 60 percent increase based on data from the Enterprise Data Warehouse (EDW). Spoiled or unused customer meter stamp refunds for the W.T. Harris Station were 85 percent of the overall amount of the meter stamp refunds in the Mid-Carolinas District for the same timeframe. This percentage ranked the highest in the Mid-Carolinas District and the second highest in the nation.

The objective of this audit was to determine whether meter refunds were properly issued, supported, and processed.

Report Recommendations

# Recommendation Status Value Initial Management Response USPS Proposed Resolution OIG Response Final Resolution
1

Reiterate policies regarding the verification of disbursements and destruction of meter stamps refunded; or consider developing alternative guidance for destruction to prevent duplicate,
unauthorized, or incorrect refunds.

Closed $78,316 Agree