by Dennis Crouch
The USPTO’s Chief Financial Officer Tony Scardino provided a few interesting bits of information in his PPAC presentation:
- Final fee rules are expected to be finalized and implemented at least by April 1.
- PTO’s estimated budget is $2.5 billion, but current revenue is below that target.
- Sequestration beyond the fiscal cliff would potentially cut $240 million from the budget. [Corrected]
/media/docs/2012/12/121312-05-ocfo-update.pdf
USPTO has been deemed subject to sequestration, and the potential level of sequester is $242 million.
small typo in third bullet.
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