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5. What are the current assessment rates for the remainder, telephone relay, and the four
USF assessments?
Assessment rates for the remainder assessment and the intrastate telephone relay assessment billings are established in the fall of each year. The rates used for the fall of 2008 billings are as follows. With respect to the remainder assessment, the actual fiscal year (FY) 08 factor is .0905701795 percent. In addition, the advance FY 09 factor (approximately 10 percent higher than the actual FY 08 factor) is .0997510140 percent. In the first year that a company is subject to the assessment, it is required to pay both the actual and advance assessment amounts. (In effect, in the first year a company's cash outlay for this assessment in 2008 would be estimated by multiplying the 2007 assessable revenues by .1903211935 percent, the sum of the actual FY 08 factor and the advance FY 09 factor.) In the fall of 2009, the advance FY 098 assessment amount will be trued up based on actual 2008 revenues subject to the assessment and the actual FY 09 factor. The rates for the fall of 2008 billings for the telephone relay assessment are: actual FY 08 factor of .0759167492 percent; and advance FY 09 factor of .0795578743 percent. (In the first year that a company is subject to the assessment, a company's cash outlay for 2008 would be estimated similar to the remainder assessment noted above by multiplying the 2007 assessable revenues by .1554746235 percent.) The advance FY 09 amount will likewise be trued up in the fall of 2009. Within the USF assessment category are four types of assessments:
The above USF assessment rates are subject to change in the fall of 2010, once updated assessable revenues and funding information become known.
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