On September 30,2021, USAC submitted their Semi-Annual Audit Recovery Report to the FCC as part of the directive in the Schools and Libraries Fifth Report and Order. USAC must submit a semi-annual report to the FCC summarizing the status of all outstanding E-rate audit findings. The report details the process that USAC utilizes to recover improperly disbursed funds. It also provides a summary of audits that may lead to the recovery of previously committed funds. The submitted audit report summarizes outstanding audit- related recoveries as of August 31, 2021.
As of August 31, 2021, USAC had conducted 2,316 audits and recovered $48.4M. There was one “beneficiary audit is older than six months with a potential recovery of $11,209,646 for which a Notification Letter has not been issued.”
The audit report may be found here, and summary of audit activity by Funding Year here.
