FCC Announces E-rate Inflation-Based Cap for Funding Year 2012
May 20, 2012
The Federal Communications Commission’s Wireline Competition Bureau announces that the E-rate program funding cap for funding year 2012 is $2,338,786,577. FCC rules require an adjustment of the E-rate program’s annual cap based on the gross domestic product chain-type price index (GPD-CPI) measure of inflation. The new cap represents a 2.1% inflation-adjusted increase from funding year 2011’s $2,290,682,250 cap.
FCC Announces E-rate Inflation-Based Cap for Funding Year 2012