2019 Performance and Accountability Report
PERFORMANCE AND ACCOUNTABILITY REPORT AND ACCOUNTABILITY PERFORMANCE Office and Trademark Patent States United FY 2019 United States Patent and Trademark Office PERFORMANCE AND ACCOUNTABILITY REPORT FINANCIAL AND RELATED HIGHLIGHTS % Change For the Year Ended For the Year Ended (Dollars In Thousands) 2019 Over 2018 September 30, 2019 September 30, 2018 Fund Balance with Treasury 3.2% $ 2,448,264 $ 2,372,752 Property, Plant, and Equipment, Net (12.9%) 459,341 527,081 Other Assets 33.7% 35,075 26,227 Total Assets 0.6% $ 2,942,680 $ 2,926,060 Deferred Revenue 1.5% $ 984,971 $ 970,889 Accounts Payable (5.3%) 106,665 112,662 Accrued Payroll, Benefits, and Leave 7.2% 281,532 262,588 Other Liabilities (0.7%) 145,321 146,344 Total Liabilities 1.7% $ 1,518,489 $ 1,492,483 Net Position (0.7%) 1,424,191 1,433,577 Total Liabilities and Net Position 0.6% $ 2,942,680 $ 2,926,060 Total Earned Revenue 2.4% $ 3,388,671 $ 3,309,388 Total Program Cost 4.7% (3,478,168) (3,321,475) Net Cost from Operations 640.4% $ (89,497) $ (12,087) Budgetary Resources Available for Spending 3.4% $ 3,880,416 $ 3,751,315 Net Collections (32.9%) $ (79,169) $ (117,951) Federal Personnel 0.6% 12,652 12,579 On-Time Payments to Vendors – % 99% 99% PERFORMANCE HIGHLIGHTS Performance Measures FY 2019 Target FY 2019 Actual Performance Results* Patent Average First Action Pendency (months) 14.9 14.7 Met Patent Average Total Pendency (months) 23.9 23.8 Met Trademark Average First Action Pendency (months) 2.5-3.5 2.6 Met Trademark Average Total Pendency (months) 12 9.3 Met Trademark First Action Compliance Rate 95.5% 96.4% Met Trademark Final Compliance Rate 97.0% 97.4% Met Exceptional Office Action 45.0% 54.5% Met Trademark Applications Processed Electronically 88.0% 88.4% Met Percentage of prioritized countries for which intellectual property (IP) country teams have made progress on at least 3 of the 4 performance criteria: a.
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