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SLD Hits the $2 Billion Disbursement Mark for FY 2012

While it is clearly important for the SLD to issue funding commitments in a timely fashion, and the SLD has issued commitments at a much quicker pace for Funding Year 2014, at the end of the day funding disbursements are what really make an impact on the budget for E-rate stakeholders.

On August 8th, 2014, the SLD reached the $2 billion disbursement milestone for FY 2012.  According to our analysis, here is the disbursement breakdown by service category:

  • Telecommunications: $1.151 billion
  • Internet Access: $426.2 million
  • Internal Connections: $356.8 million
  • Basic Maintenance: $68.6 million

For FY 2012, the $2 billion disbursement milestone was reached 25 months after the start of the funding year.  For comparison, here are the dates when the SLD reached the $2 billion disbursement mark for FY 2009 through 2011.

  • FY 2009: June 24, 2011
  • FY 2010; June 12, 2012
  • FY 2011: April 18, 2014
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