Universal Service Fund
Report 19-13 | August 2019
We provided an unmodified opinion on the financial statements for FY 2017-18 and FY 2016-17. The USF is funded by assessments on telecommunications providers that providers typically recover from consumers. In FY 2017-18, the USF expended $37.2 million to support 13 programs operated by four state agencies. The Public Service Commission (PSC) is responsible for establishing policies and procedures and for financial reporting for the USF. We recommend the Department of Administration (DOA) ensure it communicates to PSC all information necessary for financial statement preparation. We also recommend DOA review its invoice process for the Educational Telecommunications Access Program (TEACH).
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