In November 2002, the Board approved adjustments to the salary ranges of all officers, and research and development funding for flats sequencing and delivery point packager. The Board also approved funding for Surface-Air Support System Modification, Network Operations Enterprise Data Warehouse, and for POS One — Stage 3.

     At its December 2002 meeting, the Board approved the audited 2002 financial statements, the 2002 Annual Report and the 2004 appropriation request to Congress. The Board also approved funding for Flats Recognition, Flat Feeder Enhancement, and renewal of the lease for the Rockefeller Center Station in New York City.

     In January 2003, S. David Fineman was elected Chairman of the Board and John F. Walsh was elected vice chairman. The governors approved Postal Rate Commission Opinion and Recommended Decision in Docket No. MC2002-3, Experimental Periodicals Co-Palletization Dropship Discounts. The Board approved a resolution on capital funding, the 2002 Comprehensive Statement on Postal Operations and additional funding for the Northern New Jersey Metro Processing and Distribution Center.

     In February 2003, the Board approved funding for Labor Scheduler — Phase 1. In March 2003, the Board approved a filing with the Postal Rate Commission for Customized MarketMail. The governors also approved a price for the Stop Family Violence semipostal stamp.

     At the March 31 and April 1 sessions, the Board approved funding for the Ventilation and Filtration System for Mail Processing Equipment and Self Service Platform — Automated Postal Center. The Board also approved advance funding for the James A. Farley Processing and Distribution Center Sale Transition and Redevelopment.

     In May 2003, the Board approved resolutions updating the charters of its three standing committees. The Board approved a filing with the Postal Rate Commission for a Parcel Return Experiment. The Board also approved funding for Mail Processing Infrastructure and 6,240 Carrier Vehicles.

     In June 2003, the governors approved the Postal Rate Commission Opinion and Recommended Decision in Docket No. MC2002-2, Experimental Rate and Service Changes to Implement Negotiated Service Agreement with Capital One Financial Services Corporation. The Board also approved funding for the Sales Support Solution. At a special meeting on June 27, 2003, the governors approved Postal Rate Commission Decision and Recommended Opinion Approving Stipulation and Agreement in Docket No. MC2003-1, Customized MarketMail Minor Classification Changes.

     In August 2003, the Board approved a plan for restructuring Postal Service debt and a continuity of operations plan (COOP). The Board approved funding for Flats ID Code Sort and Automatic Tray Handling Systems to enhance the capabilities of automated flat sorting machines. The Board also approved a new Processing and Distribution Center and a new Vehicle Maintenance Facility in Philadelphia. The governors selected David C. Williams to be the new inspector general of the United States Postal Service.

     In September 2003, the governors approved the operating budgets for the Office of the Inspector General (first quarter only) and the Postal Rate Commission. The governors also approved Postal Rate Commission Opinion and Recommended Decision in Docket No. MC2003-2, Experimental Parcel Return Services. The Board approved the Five-Year Strategic Plan, FY 2004-2008, including the 2004 Annual Performance Plan in compliance with the Government Performance and Results Act (GPRA) of 1993. The Board approved the Postal Service 2004 operating and capital investment plans. The Board approved a borrowing resolution and the preliminary 2005 appropriations request. The Board also approved funding for Advanced Facer Canceller System Improvements.

3. Strategic Planning

The Office of Strategic Planning supports the postmaster general, the Executive Committee, and the Board of Governors in the strategic planning process. The