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USAC Releases Quarterly Report: $350 Million for Possible Rollover

On January 31, 2013, the Universal Service Administrative Company (USAC) released their quarterly report for the second quarter of 2013. The Schools and Libraries Division (SLD) estimates that they have $350 million from previous years that can be rolled over into Funding Year 2013.  The funds from previous years needs to be available to the SLD in order to pay for possible pending appeals or invoices that still may need to be paid. 

The SLD estimates that they can carry forward the following dollar amounts from these funding years:

2007: $20 million

2008: $130 million

2009: $100 million

2010: $100 million

The quarterly report also highlights the number of pending applications (Forms 471) remaining for each funding year. As of December 31, 2012:

Funding year Pending Applications Change from Last Quarterly Report
2001 2 No Change
2002 1 No Change
2003 2 No Change
2004 1 Increased by 1
2005 3 Reduced by 1
2006 4 Reduced by 3
2007 30 Reduced by 3
2008 34 Reduced by 18
2009 36 Reduced by 37
2010 86 Reduced by 218
2011 663 Reduced by 2,381
2012 4,747 Was not Reported last Quarterly Report
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