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Monday March 20, 2023
CPSC Reaches for 39% Funding Increase and Above $200M for FY2024CPSC's FY2024 budget request, if granted, would give it 39.4% raise over its current funding. It seeks $212.6 million or $60.1 million more than FY2023's $152.5 million. Staffing would be targeted to rise from about 569 fulltime equivalents (FTEs) to 687. Cost increases associated with the existing 569 FTEs would need about $5.2 million of the extra money and other non-pay inflation would need $1.6 million.
The remaining $53.3 million of the $60.1 million bump – and staffing increases – would target:
As for the full $212.6 million (bit.ly/3mFSkH9), money would be split across CPSC's four broad strategic goals: preventing unsafe products from reaching consumers ($93.1 million), addressing hazardous products in the marketplace ($47.4 million), communicating actionable product safety information ($10.3 million), and mission support services ($61.8 million). |