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USAC Releases Cost Projections for First Quarter 2024

On November 2, 2023, the Universal Service Administrative Company (USAC) released their Quarterly Report with projections for the first quarter of 2024. USAC projects a consolidated operating and capital budget of $71.54 million in first quarter 2024, with the Schools and Libraries portion at an estimated $21.17 million. USAC further estimates that there is $250 million available to carry-forward to Funding Year 2023 from prior funding years.

The USAC Quarterly Report can be viewed here.

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