USAC Submits Semi-Annual Audit Report
USAC filed its Semi-Annual
Audit Report with the Commission on September 30, 2019.
The report summarized outstanding audit findings as of August 31, 2019.
- 2 beneficiary audits older than six months with a potential recovery of $11.6 million. The recovery process is underway, but notification letters have not been issued for these audits.
- 22 beneficiary audits held in abeyance because an appeal of USAC’s recovery determination is pending with USAC. The potential recovery is $13.6 million.
- 69 beneficiary audits held in abeyance because an appeal or waiver of USAC’s recovery determination is pending with the FCC. The potential recovery is $18.9 million.
- 39 audits without payment or a satisfactory arrangement for payment of debt. To date, USAC has transferred $10.3 million to the Treasury Department related to these audits.
- USAC’s most recent board minutes also noted it had transferred seven audits to the FCC for review because they had “new or novel” issues.
