Thanks to careful planning, USPTO recovers from loss of fee revenue due to pandemic

Published: Sept. 18, 2020, 2:47 p.m.

b"Fee-funded agencies like the Patent and Trademark Office have to plan their budgets around the ebbs and flows of their revenue. Careful forecasting from the agency\\u2019s financial office helped USPTO recover from a sharp downturn in fees from the pandemic. In fact the agency received one of the Association of Government Accountants' highest awards: The Certificate of Excellence in Accountability Reporting. For more on the agency's financial operations, Federal News Network\\u2019s Jory Heckman spoke with the Chief Financial Officer at USPTO, Jay Hoffman, on Federal Drive with Tom Temin.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"