On February 1, 2016, the Universal Service Administrative Company (USAC) released their Quarterly Report with projections for the second quarter of 2016. The Schools and Libraries Division (SLD) continues to estimate that they have $1.9 billion from previous years that can be carried forward into Funding Year 2016 or beyond.
The potential carry-over funds are sourced from:
- FY 2004: $1.69 million
- FY 2006: $2 million
- FY 2008: $7 million
- FY 2010: $4.31 million
- FY 2011: $17 million
- FY 2012: $540 million
- FY 2013: $850 million
- FY 2014: $290 million
- FY 2015: $188 million
The FCC will determine at a later date how to use these unused E-rate funds.
