Budget and Financial Information

Congressional Budget Justifications

Fiscal Year 2024 USPTO Budget

The USPTO’s Fiscal Year (FY) 2024 President’s Budget Submission (Budget) requests authority to spend agency user fee collections of $4,196 million, comprised of $3,696 million in patent fees, $500 million in trademark fees, and $58 million in other income. Estimated spending for FY 2024 is $4,286 million, consisting of $3,731 million for patents and $555 million for trademarks, which includes 14,425 positions and provides for a transfer of $2.45 million to DOC’s Office of Inspector General (OIG). With full access to the fee collection estimate to offset total spending, the USPTO will use $32 million (net) from the combined operating reserves (ORs) in FY 2024, resulting in a net appropriation of $0.

The Budget is predicated on workload demand and fee collection estimates derived from production and workload models and global and domestic indicators of economic and IP activity that inform the USPTO’s projections of application filings and patent and trademark renewals. The ORs discussed below, combined with the ability to access and spend all fees collected timely and the authority to adjust fees via the regulatory process, allow the Office to mitigate operational impacts caused by changes in the global IP environment and economic volatility.

As a fully fee-funded agency, and consistent with standard private sector practices, the USPTO maintains ORs for both Patents and Trademarks to provide optimal resources to preserve planned operational capacity when the revenue stream or funding availability is uncertain; to operate when fee collections fall short of estimates; to match fee collections to budgetary requirements over time; and to provide supplemental funding when budgetary requirements grow due to unexpected increases in application filings, capital investment needs, or other factors. The USPTO remains committed to fiscal responsibility and makes prudent choices when aligning spending priorities with revenue projections. Maintaining the fee setting authority granted by the 2011 Leahy-Smith America Invents Act (AIA) (Pub. L. 112-29), as extended by the Study of Underrepresented Classes Chasing Engineering and Science Success (SUCCESS) Act of 2018 (Pub. L. 115-273); having full and timely access to all fees collected; and growing ORs to optimal levels will enable the Office to shield mission-critical operations from potential economic or financial disruptions.

Download the USPTO FY 2024 President's Budget Request [PDF]
 

Prior Year Budgets

Other USPTO Financial Information and Reports

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