GPO REPORTS CONTINUING DIGITAL IMPROVEMENTS AND
(PDF VERSION OF RELEASE)
POSITIVE FINANCIAL RESULTS IN FY 2013
WASHINGTON – Public Printer Davita Vance-Cooks releases the U.S. Government Printing Office’s (GPO) Annual Report for Fiscal Year 2013. The report details digital improvements to GPO’s products and services and positive net income from the agency’s businesslike operations.
Link to Annual Report: http://gpo.gov/pdfs/congressional/archives/2013_AnnualReport.pdf
Link to video: http://youtu.be/crWLrmFsDjU
In carrying out its mission of Keeping America Informed during 2013, GPO recorded a number of achievements including:
GPO’s operations recorded positive net income of $7.3 million for the year, net of revenues for passport-related capital investments and a decrease in long-term workers’ compensation liability. In addition to an increase in operating revenue, FY 2013 was the first full year in which the reduction in costs due to GPO’s 2011-12 buyout was fully realized. Additionally, management strengthened GPO’s cost control program in anticipation of the impact of sequestration on printing and information product work.
“In FY 2013, GPO was confronted with unusual fiscal challenges as a result of sequestration and preparations for a Government shutdown,” said Public Printer Davita Vance-Cooks, who was nominated by President Obama and confirmed by the U.S. Senate as the 27th Public Printer of the United States in 2013, the first woman and the first African-American to ever hold that post. “In response, we made a concerted effort to control spending while continuing to meet the information needs of Congress, Federal agencies, and the public. I am particularly pleased that during the year, our employees designated GPO as one of the best places to work in the Federal Government, based on the results of the Office of Personnel Management’s Employee Viewpoint Survey.”
GPO is the Federal Government's official, digital, secure resource for producing, procuring, cataloging, indexing, authenticating, disseminating, and preserving the official information products of the U.S. Government. The GPO is responsible for the production and distribution of information products and services for all three branches of the Federal Government, including U.S. passports for the Department of State as well as the official publications of Congress, the White House, and other Federal agencies in digital and print formats. GPO provides for permanent public access to Federal Government information at no charge through our Federal Digital System (www.fdsys.gov), partnerships with approximately 1,200 libraries nationwide participating in the Federal Depository Library Program, and our secure online bookstore. For more information, please visit www.gpo.gov.
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