Suspending Missouri USF Surcharge Would Zero Out Balance in 2023, Says PSC Staff
Missouri’s USF fund balance won't become negative until May 2043 if the Public Service Commission keeps the current assessment level of 0.001 percent of intrastate revenue, staff said Monday in case TO-2019-0346. Suspending assessment, as proposed by the commission (see…
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1906050035), would make the fund balance negative by March 2023, while a 0.0005 rate would do it by July 2025 and a 0.0075 rate would mean November 2028, staff said. All projections include staff's recommendation to increase the discount to $24 monthly for subscribers to the disabled program, from $15.75, and to $14.75 for Lifeline subscribers from $6.50.