Resolution of the Board of Directors of the Corporation for Public Broadcasting
August 27, 2012
Authorization to Adjust CSG Disbursement
Unanimously
WHEREAS,
The federal investment is indispensible to sustaining the operation of public broadcasting stations, the public service missions they pursue, and the universal service to which The Public Broadcasting Act aspires; and
WHEREAS,
Most of the federal funds appropriated to CPB are provided directly to public broadcasting stations each fiscal year through CPB's Community Service Grant (CSG) program in two equal payments in the fall and spring; and
WHEREAS,
The importance of CSG support has increased significantly due to the current economic environment.
THEREFORE, BE IT RESOLVED,
The CPB Board of Directors authorizes CPB management to modify the disbursement practices of the CSG program for FY 2013 and FY 2014 to provide 70% of the CSG to stations in the first payment and 30% in the second.