On May 1, 2020, the Universal Service Administrative Company (USAC) released their Quarterly Report with projections for the third quarter of 2020. USAC projects a consolidated operating and capital budget of $60.24 million in 3Q 2020, with the Schools and Libraries portion at an estimated $20.98 million. USAC further estimates that there is $500 million available to carry-forward to Funding Year 2020 from prior funding years.
The USAC Quarterly Report can be viewed here.
The USAC Quarterly Report can be viewed here.