GPO Achieves Sixth Consecutive Year Of Positive Results

WASHINGTON-The U.S. Government Printing Office (GPO) released the agency's annual report for fiscal year (FY) 2009, which shows another year of net operating income.  GPO completed the year with a net operating income of $1.2 million on total revenues of $934.1 million, excluding Other Operating Expenses of $4.1 million for an adjustment to GPO's long term workers' compensation liability and $1.2 million for a capitalized software impairment loss.  After several years of losses, GPO continues to thrive by achieving a sixth consecutive year of net operating income.  GPO's Annual Report also illustrates how the agency charged with Keeping America Informed has become the gateway to the documents of our democracy.  GPO has made significant achievements in FY 2009 by providing Americans an open and transparent view on the workings of the federal government.

"I'm pleased to report that the audit of our financial reports and systems for FY 2009 conducted by KPMG LLP resulted once again in an unqualified or "clean" opinion for GPO," said Public Printer Bob Tapella.  "GPO's dedicated employees and managers have built a foundation of continuous improvement and high performance which is allowing the agency to move forward in a positive direction as GPO prepares to celebrate its 150th anniversary next year."

Link to GPO's Annual Report: 
http://www.gpo.gov/pdfs/congressional/2009_GPO_AnnualReport.pdf

Link to a GPO's Annual Report Video:
http://www.youtube.com/watch?v=shx5ZjSJP0Y

The GPO is the Federal Government's primary centralized resource for gathering, cataloging, producing, providing, authenticating, and preserving published U.S. Government information in all its forms. GPO is responsible for the production and distribution of information products and services for all three Branches of the Federal Government. In addition to publication sales, GPO makes Government information available at no cost to the public through GPO's Federal Digital System (www.fdsys.gov) and through partnerships with approximately 1,250 libraries nationwide participating in the Federal Depository Library Program. For more information, please visit www.gpo.gov