On January 31, 2013, the Universal Service Administrative Company (USAC) released their quarterly report for the second quarter of 2013. The Schools and Libraries Division (SLD) estimates that they have $350 million from previous years that can be rolled over into Funding Year 2013. The funds from previous years needs to be available to the SLD in order to pay for possible pending appeals or invoices that still may need to be paid.
The SLD estimates that they can carry forward the following dollar amounts from these funding years:
2007: $20 million
2008: $130 million
2009: $100 million
2010: $100 million
The quarterly report also highlights the number of pending applications (Forms 471) remaining for each funding year. As of December 31, 2012:
Funding year | Pending Applications | Change from Last Quarterly Report |
2001 | 2 | No Change |
2002 | 1 | No Change |
2003 | 2 | No Change |
2004 | 1 | Increased by 1 |
2005 | 3 | Reduced by 1 |
2006 | 4 | Reduced by 3 |
2007 | 30 | Reduced by 3 |
2008 | 34 | Reduced by 18 |
2009 | 36 | Reduced by 37 |
2010 | 86 | Reduced by 218 |
2011 | 663 | Reduced by 2,381 |
2012 | 4,747 | Was not Reported last Quarterly Report |