Fiscal Year 2021 Board of Governors’ Expenditures
Background
The Postal Reorganization Act of 1970, as amended, established the Board of Governors (Board), which is comprised of nine governors appointed by the president of the United States, the postmaster general, and the deputy postmaster general. While the members of the Board changed through the year, there was a full Board as of September 30, 2021.
The Board reviews the Postal Service’s practices and policies and establishes objectives and goals in accordance with Title 39 of the U.S. Code. In fiscal year (FY) 2021, the Board incurred over $928,000 in travel, meeting, and other expenses, including about $758,000 for professional and other services.
What We Did
Our objective was to determine whether expenditures by the Board of Governors were properly supported and reasonable and complied with Postal Service and Board policies and procedures. We reviewed 88 of 240 transactions representing $899,687 of $928,160 (97 percent) of FY 2021 Board expenditures.