Two county post offices still on ‘close’ watch list
Published 6:19 pm Tuesday, September 6, 2011
Two Marengo County Post Offices remain under study for closure according to the most recent list released by the United States Postal Service.
Myrtlewood and Nanafalia are two of 52 post offices across Alabama marked for possible closure as the USPS looks to shed millions of dollars in expenses from its balance sheet.
According to a list released in July, the Jefferson post office was also marked for closure. However, it has since been removed.
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Postmaster General Patrick Donahoe was among the witnesses scheduled to appear Tuesday afternoon before the Senate Homeland Security and Governmental Affairs Committee to discuss the Postal Service’s mounting debt.
The USPS is facing a second straight year of losses in excess of $8 billion.
A decline in mail because of the Internet (circulation of mail is down 22 percent compared to five years ago) and the loss of revenue from advertising amid the economic downturn have taken a toll on the agency.
Postal officials claim they will be unable to make this month’s $5.5 billion payment to cover future employee health care costs because the agency will have reached its borrowing limit and doesn’t have enough cash.