On May 2, 2023, the Universal Service Administrative Company (USAC) released their Quarterly Report with projections for the third quarter of 2023. USAC projects a consolidated operating and capital budget of $68.04 million in third quarter of 2023, with the Schools and Libraries portion at an estimated $19.66 million. USAC further estimates that there is $440 million available to carry-forward to Funding Year 2023 from prior funding years.
The USAC Quarterly Report can be viewed here.
