GPO's Private Sector Partners Are Keeping America Informed
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It is very interesting that the 2008 GPO Annual Report shows GPO operating revenues for 2008 are $1,042,425,000; less operating expenses of $996,164,000; resulting in net income of $43,261,000. Procurement and internal production are not separated, and, therefore, it is not clear whether outsourced procured print from the private sector is included in the statement whatsoever. However, it is clear that the $43,261,000 net income was produced totally by GPO’s mark-up on the procured value of the outsourced printing, and that without this mark-up, the GPO’s own production facility would be running seriously in the red, being underwritten by the Congressional budget through taxpayer money.
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- People:
- William Gindlesperger
- Places:
- U.S.
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