On May 2, 2013, the Universal Service Administrative Company (USAC) released their quarterly report for the third quarter of 2013. The Schools and Libraries Division (SLD) estimates that they have $450 million from previous years that can be carried forward into Funding Year 2013. Some funds from previous years need to be available 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: $150 million
2009: $150 million
2010: $130 million
The quarterly report also highlights the number of pending applications (Forms 471) remaining for each funding year. As of March 31, 2013:
