[Code of Federal Regulations]
[Title 39, Volume 1]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 39CFR224.1]

[Page 43-44]
 
                        TITLE 39--POSTAL SERVICE
 
                 CHAPTER I--UNITED STATES POSTAL SERVICE
 
PART 224--ORGANIZATIONS REPORTING DIRECTLY TO THE POSTMASTER GENERAL--
Table of Contents
 
Sec. 224.1  Finance Group.

    (a) General. The Finance Group is headed by a Senior Assistant 
Postmaster General (SAPMG). The group consists of three departments, 
each headed by an Assistant Postmaster General, and the Office of the 
Treasurer and the USPS Records Office. The SAPMG, Finance, participates 
in the planning and budget process, and reviews and evaluates the budget 
requests of each region for the areas under control of the Finance 
Group.
    (b) Rates and Classification Department. The Rates and 
Classification Department is responsible for:

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    (1) Designing and maintaining the rate and mail classification 
structure.
    (2) Developing and administering standards and procedures related to 
cost analysis and attribution.
    (3) Forecasting mail volume.
    (4) Developing and supporting rate recommendations to the Postal 
Rate Commission.
    (5) Developing policies, regulations, systems, and procedures for 
the management and control of the admissibility, classification, and 
application of rates and fees for domestic or international mail of all 
classes and the collection of revenue from bulk mailers and special 
service users.
    (c) Controller Department. The Controller Department is responsible 
for:
    (1) Developing financing policy and forecasting long-term financing, 
capital requirements, and borrowing needs.
    (2) Establishing a comprehensive controllership program for 
financial management.
    (3) Maintaining control of the financial activities.
    (4) Developing accounting policy and procedures and operating the 
financial reporting programs and controls.
    (5) Establishing budgeting, economic and cost benefit functions, 
payroll systems, policies, and procedures.
    (6) Directing the formulation and presentation of a national budget 
to the Senior Management Committee, Board of Governors, Office of 
Management and Budget, and Congress.
    (d) Special Projects Department. The Special Projects Department is 
responsible for:
    (1) Assisting senior management in formulating policy and direction 
on complex issues.
    (2) Directing special studies identified by senior management for 
use in senior management deliberations.
    (3) Monitoring specifically designed issues on behalf of senior 
management and providing staff analysis of these issues as they change 
over time.
    (4) Providing leadership responsibility on behalf of senior 
management for special projects and organizational initiatives.
    (5) Participating in senior management meetings as appropriate.
    (e) Office of the Treasurer. The Treasurer is responsible for:
    (1) Operating a nationwide network of primary and concentration 
banks to gather revenue.
    (2) Developing cash management initiatives to speed cash flow.
    (3) Implementing debt management strategies to meet long-term 
capital and short-term borrowing needs.
    (4) Planning investment strategies to ensure liquidity and to earn a 
competitive rate of return.
    (5) Managing the investment of excess cash.
    (f) Records Office. The Records Office has responsibility for the 
retention, security, and privacy of Postal Service records; authorizes 
their preservation and disclosure; and orders their disposal by 
destruction or transfer.

[52 FR 46998, Dec. 11, 1987; 52 FR 49015, Dec. 29, 1987. Redesignated 
and amended at 54 FR 29708, July 14, 1989; 60 FR 57344, Nov. 15, 1995]