The Office of Management and Budget is asking the Court to approve moving $27,280,000 in commercial paper funding for Universal Services projects from Series D and D-2 to Series A-1, with no net change in funding for any project.

What it means for you

The total money available for Universal Services projects stays the same — only the funding series from which the money is drawn would change.

Outcome

A motion was made by Commissioner Ellis, seconded by Commissioner Garcia, that this item be approved. The motion carried by the following vote: (4-0)

How each member voted

4–0, per the official record.