Goto Section: 54.713 | 54.717 | Table of Contents
FCC 54.715
Revised as of October 1, 2011
Goto Year:2010 |
2012
§ 54.715 Administrative expenses of the Administrator.
(a) The annual administrative expenses of the Administrator should be
commensurate with the administrative expenses of programs of similar
size, with the exception of the salary levels for officers and
employees of the Administrator described in paragraph (b) of this
section. The annual administrative expenses may include, but are not
limited to, salaries of officers and operations personnel, the costs of
borrowing funds, equipment costs, operating expenses, directors'
expenses, and costs associated with auditing contributors of support
recipients.
(b) All officers and employees of the Administrator may be compensated
at an annual rate of pay, including any non-regular payments, bonuses,
or other compensation, in an amount not to exceed the rate of basic pay
in effect for Level I of the Executive Schedule under 5 U.S.C. 5312.
Note to paragraph (b): The compensation to be included when calculating
whether an employee's rate of pay exceeds Level I of the Executive
Schedule does not include life insurance benefits, retirement benefits
(including payments to 401(k) plans), health insurance benefits, or
other similar benefits, provided that any such benefits are reasonably
comparable to benefits that are provided to employees of the federal
government.
(c) The Administrator shall submit to the Commission projected
quarterly budgets at least sixty (60) days prior to the start of every
quarter. The Commission must approve the projected quarterly budgets
before the Administrator disburses funds under the federal universal
service support mechanisms. The administrative expenses incurred by the
Administrator in connection with the schools and libraries support
mechanism, the rural health care support mechanism, the high cost
support mechanism, the low income support mechanism, the interstate
access universal service support mechanism, and the interstate common
line support mechanism shall be deducted from the annual funding of
each respective support mechanism. The expenses deducted from the
annual funding for each support mechanism also shall include the
Administrator's joint and common costs allocated to each support
mechanism pursuant to the cost allocation manual filed by the
Administrator under § 64.903 of this chapter.
[ 63 FR 70576 , Dec. 21, 1998, as amended at 65 FR 38690 , June 21, 2000;
65 FR 57739 , Sept. 26, 2000; 66 FR 59728 , Nov. 30, 2001; 69 FR 5719 ,
Feb. 6, 2004]
Goto Section: 54.713 | 54.717
Goto Year: 2010 |
2012
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