The Universal Service Administrative Company (USAC) released their Quarterly Report on November 2, announcing that they have $250 million currently available to potentially rollover into FY 2011. The funds available for rollover increased by $150 million since USAC’s last Quarterly Report in August. Based on the FCC's Third Report and Order, the FCC can direct USAC to apply unused funds to increase the amount of available funding for a particular funding year and every quarter USAC is required to revise their estimates of the unused funds. In FY 2009 and FY 2010, the FCC directed USAC to rollover $900 million in each year respectively to increase the overall funding pot.
USAC reported the breakdown of unused funds by year as follows:
- FY 2003 – $20 million
- FY 2004 – $20 million
- FY 2005 – $60 million
- FY 2006 – $75 million
- FY 2007 – $75 million
The quarterly report also highlighted the number of potentially fundable applications (Forms 471) they have left for each funding year as of September 30, 2010. The breakdown is as follows:
- FY 2001 – 2 potentially fundable applications
- FY 2002 –1 potentially fundable application
- FY 2003 – 2 potentially fundable applications
- FY 2004 – 42 potentially fundable applications
- FY 2005 – 28 potentially fundable applications
- FY 2006 – 71 potentially fundable applications
- FY 2007 – 144 potentially fundable applications
- FY 2008 – 238 potentially fundable applications
- FY 2009 – 1,707 potentially fundable applications
- FY 2010 – 11,242 potentially fundable applications
If your school district still has pending applications from FY 2001 – FY 2009 and you are unsure why your applications have been delayed, it would be recommended to reach out to USAC and get a clear understanding as to why and what you possibly can do to help them make a decision on your E-rate applications.
The Quarterly Report also highlights that GAO recently concluded and released their audit of USAC’s internal controls to prevent waste, fraud and abuse as well as improper payments.