REPORT TO THE CONGRESS lllllIllIllllllllllllllllllllll l\\\ill\LM095707 llllllll ‘\ Examination Of Financial Statements U.S. Government Printing Office Fiscal Year 19708.174829 ‘4 BY THE COMPTROLLER GENERAL OF THE UNITED STATES COMPTROLLER GENERAL OF THE UNITED STATES WASHINGTON. D.C. 20548 B- 114829 To the President of the Senate and the c/lJ Speaker of the House of Representatives This is our report on the examination of financial statements of the Government Printing Office for fiscal year 1970. Our examination was made pursuant to the Legislative- Judiciary Appropriation Act, 1954 (44 U.S.C. 309). Copies of this report are being sent to the Director, Office of Management and Budget; the Joint Committee on Printing; and the Public Printer. Comptroller General of the United States 50TH ANNIVERSARY 1921- 1971 COMPTROLLERGENERAL'S EXAMINATION OF FINANCIAL STATEMENTS * REPORTTO THE CONGRESS GOVERNMENTPRINTING OFFICE, m ) FISCAL YEAR 1970 B-114829 DIGEST _--m-v WHYTHE EXAMINATIONWASMA.DE The Legislative-Judiciary Appropriation Act, 1954, requires the Camp troller General to audit annually the activities of the Government Printing Office (GPO). FINDINGS AND CONCLUSI'ONS The General Accounting Office (GAO) is of the opinion that the accom- panying financial statements of the GPO present fairly its financia'l position at June 30, 1970, and the results of its operations and the sources and application of its funds for the year then ended, in con- formity with principles and standards of accounting prescribed for executive agencies by the Comptroller General of the United States applied on a basis consistent with that of the'preceding year except for the change, which GAO approves, to include accrued liabilities for unbilled contract work. (See p. 9.) RECOMMENDATIONS OR SUGGESTIONS None. AGENCYACTIONS AND UNRESOLVED ISSUES None. MATTERSFOR CONSIDERATION BY THE CONGRESS This report contains no recommendations or suggestions requiring action by the Congress. As the result of a suggestion made in a prior GAO report, a bill was introduced in October 1969 in the House of Representatives to autho- rize the Public Printer's practice of granting compensatory time off from duty in lieu of overtime pay to employees who work overtime and who are paid on an annual basis. Public Law 91-369, enacted July 31, 1970, authorized this practice. (See p. 7.) Tear Sheet FEB. 26,19 -v 1 Contents Page DIGEST 1 CHAPTER 1 INTRODUCTION 2 FINANCING OF GPO ACTIVITIES Activities financed through revolving fund Appropriation for congressional print- ing and binding Appropriation for activities of the Of- fice of the Superintendent of Docu- ments 4 3 COMMENTS ON FINANCIAL STATEMENTS 6 4 GPO'S AUTHORITYTO GRANT COMPENSATORY TIME CLARIFIED 5 SCOPEOF EXAMINATION 6 OPINION OF FINANCIAL STATEMENTS FINANCIAL STATEMENTS SCHEDULE 1 Statement of assets and liabilities as of June 30, 1970 13 2 Revolving fund, comparative statement of income and expenses, fiscal years ended June 30, 1970 and 1969 14 3 Other funds, status of appropriations and other fund balances as of June 30, 1970 15 4 Other funds, statement of payments from appropriations to the revolving fund, fiscal years ended June 30, 1970 and 1969 16 I SCHEDULE Page ' 5 Revolving fund, amounts due U.S. Treasury from sales of publications, fiscal years ended June 30, 1970 and 1969 17 6 Revolving and other funds, statement of sources and application of funds, fiscal year ended June 30, 1970 18 APPENDIX I Principal officials of the Government Printing Office during the period covered by this report 21 c COMPTROLLERGENERAL'S EXAMINATION OF FINANCIAL STATEMENTS 'REPORTTO THE CONGRESS GOVERNMENTPRINTING OFFICE, FISCAL YEAR 1970 B-114829 DIGEST _----- WHYTHE EXAMIUATIONWASMARE The Legislative-Judiciary Appropriation Act, 1954, requires the Comp- troller General to audit annually the activities of the Government Printing Office (GPO). FINDINGS AND CONCLUSIONS The General Accounting Office (GAO) is of the opinion that the accom- panying financial statements of the GPO present fairly its financial position at June 30, 1970, and the results of its operations and the sources and application of its funds for the year then ended, in con- formity with principles and standards of accounting prescribed for executive agencies by the Comptroller General of the United States applied on a basis consistent with that of the'preceding year except for the change, which GAO approves, to include accrued liabilities for unbilled contract work, (See p. 9.) RECOMMENDATIONS OR SUGGESTIONS None. AGENCYACTIONSAND UNRESOL?BD ISSUES None. MATTERSFOR CONSIDERATION BY TH.E CONGRESS This report contains no recommendations or suggestions requiring action by the Congress. As the result of a suggestion made in a prior GAO report, a bill was introduced in October 1969 in the House of Representatives to autho- rize the Public Printer's practice of granting compensatory time off from duty in lieu of overtime pay to employees who work overtime and who are paid on an annual basis. Public Law 91-369, enacted July 31, 1970, authorized this practice. (See p. 7.) 1 CHAPTER1 INTRODUCTION The General Accounting Office has made an examination of the financial statements of the Government Printing Office for the fiscal year ended June 30, 1970. The scope of the examination is described in chapter 5. GPO is responsible for furnishing printing and binding work ordered by the Congress, departments of the executive branch, and independent agencies of the Federal Government. In addition, GPO prints documents of general interest for sale to the public. The Public Printer, appointed by the President of the United States with the advice and consent of the Senate, is responsible for the management of GPO. The Joint Com- mittee on Printing, consisting of the Chairman and two mem- bers of the Senate Committee on Rules and Administration and the Chairman and two members of the House Committee on House Administration, in essence, acts as board of directors of GPO. GPO operates printing plants in New York, New York; Chicago, Illinois; Denver, Colorado; Seattle, Washington; San Francisco, California; and Washington, D.C. GPO also contracts with commercial printers to fill a substantial portion of its printing and binding requirements. The Superintendent of Documents, appointed by the Pub- lic Printer, directs the Public Documents Division which sells Government publications to the general public. This Division prepares official catalogs and indexes, distributes publications to depository libraries, and mails certain pub- lications for other Federal departments and agencies. The Division also operates bookstores in Washington, D-C.; Chicago, Illinois; Kansas City, Missouri; Boston, Massa- chusetts; and Los Angeles and San Francisco, California. 2 CHAPTER2 FINANCING OF GPO ACTIVITIES The activities of GPO are financed by a revolving fund which is reimbursed by customers for whom printing services have been provided. The Congress provides annual appropri- ations for congressional printing and binding work and for the activities of the Superintendent of Documents. The methods of financing the printing and related activities are discussed in the following sections. ACTIVITIES FINANCED THROUGHREVOLVINGFUND The revolving fund provides temporary financing for composition work, printing and binding of publications req- uisitioned by the Congress and Government agencies, and printing of additional quantities of publications for sale to the public. The revolving fund is reimbursed for this work by pay- ments from Government agencies or by charges against the congressional appropriation for printing and binding. (Size p. 4.) The excess of receipts from the sales of publica- tions over related costs is periodically transferred from the revolving fund to miscellaneous receipts in the U.S. Treasury. Selling prices on publications are established in accordance with section 1708, title 44, United States Code, which provides that: "The price at which additional copies of Govern- ment publications are offered for sale to the pub- lic by the Superintendent of Documents shall be based on the cost as determined by the Public Printer plus 50 percent **.'I The publication prices include a 75-percent factor to cover the estimated cost of setup, mailing, and administration in addition to the 50-percent markup required by law. During fiscal year 1970 the revolving fund was reduced by payments to the U.S. Treasury of $8.8 million. Of the $8.8 million, $6.8 million represented the balance of the 3 h net income from fiscal year 1969 sales of publications and the remaining $2 million represented a partial payment of income from fiscal year 1970 sales. It has been the prac- tice of GPO to transfer to the Treasury a part of the net income from sales of publications in the year in which the sales were made and the remaining part in the following fiscal year, APPROPRIATIONFOR CONGRESSIONAL PRINTING AND BINDING The Congress annually appropriates funds to GPO for congressional printing and binding work. The appropriation also provides funds for printing and binding work for the Architect of the Capitol; for printing, binding, and dis- tributing the Federal Register and the Code of Federal Reg- ulations; and for printing and binding Government publica- tions authorized by law to be distributed without charge., Appropriated funds are transferred to the revolving fund to reimburse it for the cost of the printing and binding work performed. The appropriation for fiscal year 1970 was $30.3 million, of which $21 million had been expended as of June 30, 1970. GPO officials estimate that an additional $4 million will be required to complete unfinished printing and bind- ing work authorized during fiscal year 1970 and have in- cluded this amount in the budget request for fiscal year 1972. This action is consistent with the practice of prior years. Starting with fiscal year 1958 the appropriation acts for GPO have contained a provision permitting the ap- propriation for the year to be used for paying obligations incurred in preceding fiscal years. APPROPRIATIONFOR ACTIVITIES OF THE OFFICE OF THE SUPERINTENDENTOF DOCUMENTS The Congress annually appropriates funds for the Of- fice of the Superintendent of Documents to finance the sal- aries and other expenses of employees engaged in selling and distributing documents to the public and to depository libraries. The appropriation also finances the salaries and other expenses of employees engaged in cataloging and indexing activities and in distributing documents for other 4 L i . agencies. As shown in schedule 6, appropriations and re- imbursements to the appropriations totaling $10.4 million were made available in fiscal year 1970 for salaries and other expenses of the Office of the Superintendent of Doc- uments. This amount represented an increase of $1.8 mil- lion over the comparable funds made available for fiscal year 1969. The increased funds were used primarily for expanding activities under the depository libraries program,for the opening of three new book stores,and for paying increased employee costs. . CHAPTER 3 COMMENTS ON FINANCIAL STATEI%NTS GPO has made the following changes, which we approve, in the format and content of its fiscal year 1970 financial statements to more clearly disclose significant financial data. --For fiscal year 1970 a combined statement of revolv- ing fund operations presents data relating both to printing and binding and to sales and distribution of publications. (See sch. 2.) In former years these data were reported in two separate schedules. --The Statement of Assets and Liabilities, for the first time, includes the accrued liability for print- ing and binding work performed by suppliers under contracts scheduled for completion by June 30, 1970, but not then billed to GPO. (See sch. 1.) This change is consistent with section 13.6, title 2, of the General Accounting Office Policy and Procedures Manual for Guidance of Federal Agencies. The state- ment shows a June 30, 1970, accounts payable balance of $17,271,582. This amount represents an increase of $5,634,700 over that of the previous year. Schedule 2 shows that net income to the revolving fund declined by $2.8 million in fiscal year 1970 compared with that of the previous year. This decline is largely attrib- utable to a decline in other income. In fiscal year 1969, GPO's other income included revenues of $1.5 million de- rived principally from the sale of charts and maps'by the Environmental Science Services Administration (since Octo- ber 3, 1970, the National Oceanic and Atmospheric Adminis- tration), Department of Commerce. In fiscal year 1970, GPO had very little income from this source. The Administration advised GPO that, effective July 1, 1969, the Administra- tion's receipts would be deposited to its own account with the Treasury Department. 6 * . CHAPTER4 GPO'S AUTHORITY TO GRANTCOMPENSATORY TIME CLARIFIED In our report for fiscal year 1965, we pointed out that the legal authority for granting compensatory time in lieu of overtime pay to employees of GPOwas not clear and rec- ommended that the Public Printer initiate action to obtain specific legislative authority for this practice. The Pub- lic Printer subsequently informed us that proposed amend- ments to the law had been submitted to the Joint Committee on Printing, Further action on the amendment, however3 was deferred pending recodification of title 44 of the United States Code, "Public Printing and Documents.10 The recodification was accomplished under Public Law 90-260 enacted on Octo- ber 22, 1968. On July 31, 1970, section 305 of title 44 of the United States Code was amended by Public Law 91-369. The amendment authorized the Public Printer to grant compensatory time off from duty in lieu of overtime pay to employees who work overtime and who are paid on an annual basis. 9 ! CHAPTER5 SCOPEOF EXAMINATION --- Our examination included a review of GPO's statement of assets and liabilities as of June 30, 1970, related state- ments of income and expense, status of appropriations and other fund balances, payments from appropriations to the re- volving fund, amounts due to the U.S. Treasury from the sale of publications, and t'he statement of sources and ap- plication of funds for the year then ended. Our examination included auditing procedures and tests of the accounting records which we considered necessary in the circumstances. CHAPTER6 OPINION OF FINANCIAL STATEMENTS' The financial statements accompanying this report were prepared by GPO. In our opinion the financial statements (schs. 1 through 6) present fairly the financial position of GPO at June 30, 1970, the results of its operations, and the sources and application of its funds for the year then ended, in conformity with principles and standards of ac- counting prescribed for executive agencies by the Comptrol- ler General of the United States applied on a basis consis- tent with that of the preceding year except for the change, which GAO approves, to include accrued liabilities for un- billed contract work. (See p. 6.1 9 GOVERNMENT PRINTING OFFICE STATEMENT OF ASSETS AND LIABILITIES AS OF JUNE 30, 1970 ASSETS Revolving Other funds Combined fund (note a) fur.ds FUND BALANCES WITH U.S. TREASURY AND CASH: Fund balances in U.S. Treasury $ 17,941,251 $14,869,775 $ 32,811,026 Cash.on hand and in transit - 589,054 583,054 18,530,305 14,869,775 33,400,080 ACCOUNTS RECEIVABLE AND ADVANCES: Accounts receivable: Government agencies 61,988,675 61,938 62,055,613 Other 359,842 1,105 360,947 Advances to employees 8,240 9,240 62,356,757 63,043 62,41?,800 INVENTORIES: Publications for sale, at cost (note b) 7,000,200 7,000,200 Printing work in process, at standard cost 15,695,820 15,659,820 Paper, envelopes, and other supplies, at cost 11,012,280 11,012,280 33,708,300 33,708,300 DEFERRED CHARGES 33,285 33,285 PROPERTY, PLANT, AND EQUIPMENT: Land and buildings, at cost 9,085,173 9,083,173 Equipment and building appurtenances 33,0;2,423 935,855 33,986,278 Construction in progress 97,419 9,,419 33,149,842 10,021,028 43,170,870 Less allowance for depreciation 23,133,048 7,101,939 30,23-,987 10,016,794 2,919,089 12,935,883 Total assets $124,645,441 $17,851,907 $142,49;,348 aOther funds consist of account balances of the Printing and Binding appropriation, the Office cf the Superintendent of Documents Salaries and Expenses appropriation, and the value of building structures and land which is specifically excluded from the Government Printing Office revo1vir.g fund by law (44 U.S.C. 309). The expenditures from the Congressional Printing and Binding Appro- priation can be used only to reimburse the Government Printing Office revolving fund for work zr- dered by the Congress. b Publications for sale, at cost after deduction of allowance for unsalable publications of $927,546. 'Does not include a contingent liability estimated at $79,407 for the value of compensatory timi off in lieu of overtime pay earned and accumulated by employees of the Government Printing Office; and does not include $13,295,000 for the net value of sick leave earned and accumulated by employees of the Government Printing Office. dAccounts payable other funds consist of amounts owed to the Government Printing Office revolving fund by the Office of the Superintendent of Documents Salaries and Expenses appropriations. eRetained earnings of $2,676.454 have been reserved for the purchase of machinery and equipment. SCHEDULE1 LIABILITIES Revolving Other funds Combined fund (note a) funds LIABILITIES (note c): Accounts payable S 16,620,033 $ 651,54gd S 17,271,582 Accrued salaries and wages 3,747,738 344,541 4,092,279 Amounts withheld from employees for purchase of savings bonds and payment of taxes 836,560 836,560 tiployees' accrued annual leave 3,831,720 2;8,430 4,090,150 Customers' deposits and prepaid subscriptions 3,928,260 - 3,928,260 28,964,311 1,254,520 30,218,831 INVESTMENT OF U.S. GOVERNMENT: Capital 59,815,383 - 59,815,383 Retained earnings (note e) (schedule 2) 28,767,454 28,767,454 Appropriations and other fund balances (schedule 3) 16,597,387 16,597,387 Income from sales of publications payable to U.S. Trea- sury (schedule 5) 7.098,293 - 7,098,293 Total investment of U.S. Government 95,681,130 16,597,387 112,278,517 Total.liabilities and investment of U.S. Government $124,645,441 $17,851,907 $142,497,348 13 SCHEDULE 2 GOVERNMENT PRINTING OFFICE REVOLVINGFLJND COMPARATIVESTATEMENTOF INCOMEAND EXPENSES FISCAL YEARS ENDEDJUNE 30, 1970 AND 1969 Fiscal year Fiscal year Increase or ggQ gfg& decrease(-) INCOME: Printing and binding services performed for Government agencies and the Congress $214,843,105 $184,595,474 $30,247,631 Document sales to the public 20,946,687 18,082,405 2,864,282 Services associated with document sales: Reimbursements by appropriations to the Superintendent of Documents (schedule 3) 5,980,295 4,821,855 1,158,440 Services associated with depository libraries, cataloging and indexing, and distributions for other agencies: Reimbursements by appropriations to the Superintendent of Documents (schedule 3) 4,395,383 3,885,329 510,054 Blank paper sales: Receipts from other Government agencies 12,599,788 12,697,484 -97,696 Other 563,647 2.085.479 -1.521.832 Total income 259.328.905 226.168.026 33.160.879 DIRECT COSTS: Labor 65,397,413 57,976,902 7,420,511 Material 31,286,084 30,468,037 818,047 Purchases of printing 117.144.158 94.825.681 22.318.477 Total direct costs 213.827.655 183.270.620 30.557.035 GENERALAND ADMINISTRATIVE COSTS 35.383.731 30,011.521 5.372.210 Total costs 249.211.386 213.282.141 35.929.245 NET INCOMETO THE REVOLVINGFUND 10,117,519 12,885,885 -2,768,366 Less amount payable to the United States Treasury (schedule 5) 9.098.294 10.629.363 -1.531.069 NET INCOMERETAINED BY THE REVOLVINGFUND $1.019.225 $ 2.256.522 $1.237.297 CHANGEIN EARNINGSRETAINED BY THE REVOLVINGFDIND: Balance July 1, 1969 $ 27,748,229 Addition: Net income retained by revolving fund (as above) 1.019.225 Balance June 30, 1970 (schedule 1) $ 28.767.454 14 SCHEDULE3 GOVERNMENT PRINTING OFFICE OTHERFUNDS STATUS OF APPROPRIATlONSAND OTHERFUND BALANCES AS OF JUNE 30, 1970 Appropriation Appropriation for printing for the.Office and binding of the Super- for the - intendent of Congress Documents Other Total APPROPRIATIONBALANCESAT JULY 1, 1969 $13,659,215 $ 262,178 $2,756,030 Sl6.677,423 ADDITIONS: Appropriations: TQ cover obligations incurred in excess of appropriated funds in 1968 2,500,OOO 2,500,OOO For fiscal year 1970 27,800,OOO 10,045,400 w 37,845,400 Reimbursements 366,675 366,675 Increase in investment in furni- ture and fixtures c 57,980 57,980 Miscellaneous 1,105 1,105 Total 43,959,215 10,675,358 2,814,OlO 57.448,583 LESS: Amounts paid to the revolving fund in payment for: Congressional printing and binding (schedule 4) 30,204,458 30,204,458 Sales distribution (sched- ule 4) 5,980,295 5,980,295 Other expenses (schedule 4) 4,395,383 4,395,383 Unobligated funds returned to U.S. Treasury 117,708 w 117,708 Depreciation on buildings and fur- niture and fixtures - 137,828 137,828 Increase in liability for employees' annual leave, Office of Super- intendent of Documents - 15,524 15,524 Total deductions 30,204,458 10,493,386 153,352 40,851,196 BALANCEJUNE 30, 1970 (schedule 1) $13,754,757 $ 181,972 $2,660,658 $16,597,387 UNOBLIGATEDBALANCESOR OVEROBLIGA- TION(-1: Unexpended balance at June 30, 1970 (as above) 813,754,757 $ 181,972 Less: Obligations outstanding 17,793,430 181,972 Overobligation $4.038,673a s - aTo be funded from subsequent years' appropriations. 15 SCHEDULE4 GOVERNMENT PRINTING OFFICE OTHERFUNDS STATEMENT OF PAYMENTS FROM APPROPRIATIONS TO THE REVOLVING FUND FISCAL YEARS ENDEDJUNE 30, 1970 AND 1969 Fiscal year Fiscal year 1970 1969 Increase Payments from congressional printing and binding appropriations to re- volving fund: Congressional Record $ 6,491,896 $ 4,848,765 $1,643,131 Hearings 7,429,858 4,250,413 3,179,445 Miscellaneous printing and binding 3,041,961 2,796,257 245,704 Bills, resolutions,and amendments 2,903,286 2,059,243 844,043 Miscellaneous publications 2,196,454 1,668,473 527,981 Federal Register 1,834,157 1,595,570 238,587 Committee prints 1,474,863 1,307,719 167,144 Rouse and Senate calendars 938,970 869,582 69,388 Documents 856,095 740,847 115,248 Supplements to the Code of Federal Regulations 1,058,928 668,633 390,295 Committee reports 1,044,321 619,843 424,478 Franked envelopes 607,721 528,982 78,739 Publications for international exchange 293,918 249,251 44,667 Document franks 32,030 26.542 5.488 Total (schedule 3) $30.204.458 $22.230.120 $7.974.338 Payments from appropriations to the Office of the Superintendent of Documents to the revolving fund: Sales distribution expense (schedule 3) $ 5.980.295 $ 4.821.856 $1.158.439 Other: Distribution for other agencies 1,602,596 1,396,084 206,512 Depository library distribution 2,304,880 2,058,769 246,111 Cataloging and indexing 487,907 430.475 57.432 Total (schedule 3) 4.395.383 3.885.328 510,055 Total disbursements $10.375.678 $ 8,707,1% $1.668.494 16 SCHEDULE 5 GOVERNME.NT PRINTING OFFICE REVOLVING FUND AMOUNTSDUE U.S. TREASURY FROM SALES OF PUBLICATIONS FISCAL YEARSENDEDJUNE 30, 1970 AND 1969 Fiscal Fiscal year year Increase or 1970 1969 decrease(-) INCOME: Income from document sales to the public $20,946,687 $18,082,405 $2,864,282 Reimbursements by appropriations to the Superintendent of Documents 5,980,295 4,821,856 1,158,439 Other income 394,024 1,905,703 -1,511,679 Total income 27,321,006 24,809,964 2,511,042 COST OF PRINTING AND BINDING 9,133,653 6,637,366 2,496,287 OTHEREXPENSES: Salaries and expenses 5,980,295 4,821,856 1,158,439 Administrative 1,705,495 1,373,779 331,716 Mailing costs 1,403,269 1,347,600 55,669 Total other expenses 9,089,059 7,543,235 1,545,824 NET INCOME FROM SALESOF PUBLICATIONS PAYABLE TO U.S. TREASURY(schedule 2) $ 9,098,294 $10,629,363 -$1,531,069 STATUSOF PAYMENTSDUE U.S. TREASURY: Balance payable July 1, 1969 $ 6,834,956 Add: Income from sales of publications during fiscal year 1970 (as above) 9,098,294 Total 15,933,250 Less: Payments to U.S. Treasury during fiscal year 1970 8,834,957 Balance payable June 30, 1970 (schedule 1) $ 7,098,293 17 SCHEDULE 6 GOVERNMENT PRINTING OFFICE REVOLVINGAND OTHER FUNDS STATEMENTOF SOURCESAND APPLICATION DF FUNDS FISCAL YEAR ENDEDJUNE 30, 1970 FUNDSWERE PROVIDEDBY: Printing and binding services performed $214,843,105 Document sales to the public 20,946,687 Sales of paper 12,599,788 Appropriations: For congressional printing and binding 30,300,000 For the Superintendent of Documents $10,045,400, plus reimbursement's of $366,675 10,412,075 Miscellaneous 526.761 Total funds provided 289.628.416 FUNDS WEREAPPLIED TO: Operating costs, less allowance for depreciation not requiring expenditure of funds 277,467,820 Payments to U.S. Treasury of income from publications sold 8,834,957 Purchases of equipment 931,257 Unobligated balance returned to U.S. Treasury 117,708 Total funds applied 287.351.742 INCREASE IN WORKINGCAPITAL $ 2.276,674 Increase or p6J decrease(-) INCREASE IN WORKINGCAPITAL: Fund balances with U.S. Treasury and cash $33,400,080 $36,150,202 $ -2,750,122 Accounts receivable and advances 62,419,800 52,584,737 9,835,063 Inventories 33,708,300 33,492,228 216,072 Deferred charges 33,285 72,193 -38,908 7,262,105 Less: Liabilities excluding employ- ees ' accrued annual leave, other funds 29,960,400 24,974,969 4,985,431 Total $ 2,276,674 18 APPENDIX 19 APPENDIX I PRINCIPAL OFFICIALS OF THE GOVERNMENT PRINTING OFFICE RESPONSIBLEFOR THE ADMINISTRATION OF ACTIVITIES DISCUSSEDIN THIS REPORT Tenure of office From -To PUBLIC PRINTER: A. N. Spence Apr. 1970 Present James L. Harrison Mar. 1961 Mar. 1970 DEPUTYPUBLIC PRINTER: Harry J. Humphrey Dec. 1970 Present James W. Tew Nov. 1969 Dec. 1970 Harry D. Merold Mar. 1961 Oct. 1969 ADMINISTRATIVE ASSISTANT TO THE PUBLIC PRINTER (note a): Harry J. Humphrey Jan. 1966 Dec. 1970 COMPTROLLER: Walter C. DeVaughn May 1968 Present ASSISTANT PUBLIC PRINTER (OPER- ATIONS): Wallace L. Burton Dec. 1970 Present ASSISTANT PUBLIC PRINTER (MANAGE- MENT AND ADMINISTRATION): Walter C. DeVaughn (acting) Dec. 1970 Present arhe adm'inistrative assistant position was eliminated in a December 1970 reorganization. U.S. GAO Wash., D.C. 21
Examination of Financial Statements--U.S. Government Printing Office, Fiscal Year 1970
Published by the Government Accountability Office on 1971-02-26.
Below is a raw (and likely hideous) rendition of the original report. (PDF)