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Monday, May 2, 2016

Stamp prices to increase

Thursday, January 5, 2006

(Photo)
POSTMASTER: Koshkonong Postmaster Donna Steed adjusts the sign in her post office that informs postal patrons that postal rates will increase Jan. 8.
AREA -- Because of a federal law requiring the U.S. Postal Service to place $3.1 billion in an escrow account by Oct. 1, 2006, postal rates across the country will increase as of Jan 8.

The law was passed in 2003. This will be the first rate increase by the postal service since 2002. Koshkonong Postmaster Donna Steed said the last increase raised the price of a stamp from 34 cents to 37 cents.

The governors of the U.S. Postal Service voted last fall to accept the Postal Rate Commission's recommendation to increase most rates and fees by approximately 5.4 percent.

Postage for a one-ounce, single piece of first-class mail will increase from 37 cents to 39 cents and the postcard rate will increase by 1 cent to 24 cents.

Steed said all post offices will have 2-cent stamps available for those who have already purchased books of 37-cent stamps.

The average increase for priority mail will be 5.4 percent, with most rates at or close to the average.

Increases on post office boxes will be 4.2 to 8.3 percent. "Currently our small post office boxes rent for $24 a year. That cost will increase by $2," Steed said.

The postmaster said there are several rates for post office boxes depending on the size of the post office where the box is rented.

The rate for a USPS-provided, flat-rate envelope as well as the one-pound unzoned rate will be $4.05.

The annual permit fee for business reply mail will be $160, while the annual accounting fee will be $500.

The quarterly fee for high-volume qualified business reply mail will be $1,900. The monthly maintenance fee for bulk-weight-average non letter will be $790.

The basic business reply mail fee will remain at 65 cents.

Carrier pickup will remain free. Pickup on demand service -- available for express mail, priority mail and parcel post -- will be $13.25 for each pickup.



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