Nearly all broadband subsidy proposals could survive California’s chopping block. Nearly
CASF funding status Part 3:
There won’t be enough money in the California Advanced Services Fund (CASF) to pay for all the broadband projects proposed for subsidies last month. Grant requests total $533 million, but there’s only $145 million in tax revenue projected to be available for CASF infrastructure projects, as the program is designed and run now.
Something has to give. But not everything. One potential remedy is to top up project budgets with federal money.… More