Fiscal Year 2013
Expenditure period: 10/1/2012 - 9/30/2013
The following is information on the grant calculations for the FY 2013 Radio Community Service Grants.
On Tuesday, March 26, 2013, the President signed into law legislation (Continuing Resolution) to fund the operation of the federal government for the remainder of FY 2013. Sequestration, which was enacted on March 1st, and other budget actions incorporated in the Continuing Resolution will result in an approximate reduction to CPB's FY 2013 appropriation of 5.2 percent.
As you remember, CPB, expecting an adjusted FY 2013 appropriation of $405 million, increased the percentage of the initial CSG payment this year to 70 percent (rather than the normal 50 percent), in order to help stations address the uncertainty of this year's federal appropriations process.
In order to expedite the distribution of the second CSG payment, CPB reprogrammed the Integrated Station Information System (ISIS) to reflect a 5.3 percent reduction in CPB's appropriation as well as a recalculation of the first CSG payment at the $421 million level. CPB will make up any difference between the programmed 5.3 percent amount and the actual amount that CPB's FY 2013 appropriation was reduced by in the first CSG payment in FY 2014.
Important Note: As it is stated on each grantee's FY 2013 CSG Agreement, the grant offer is contingent upon CPB's receipt of its authorized appropriation for Fiscal Year 2013 and is subject to decreases.
The final Incentive Rate of Return (IRR), applicable to CSG Levels C and D, is .061375. Fluctuation in IRR from year to year is a function of total radio system NFFS and the CPB appropriation. Please note there is a two year lag between station financial data used for CSGs and the CPB fiscal year.
FY 2013 Unrestricted Percentage: 73.90%
FY 2013 Restricted Percentage: 26.10%*
*All radio CSG recipients are required to spend 26.10% of the FY 2013 grant on national program production and acquisition. These funds must be used exclusively for the acquisition, production, promotion and distribution of national programming of high quality, diversity, creativity, excellence and innovation, with strict adherence to objectivity and balance in all programs or series of programs of a controversial nature.
FY 2013 Base Grant Amounts (based on revised FY 2013 appropriation):
- Level A: $100,000
- Level B: $68,480
- Level C: $68,480
- Level D: $54,784
CSG Formulas
NFFS = Non-Federal Financial Support
The information below provides a basic overview of Minority Audience Service Station and Rural Audience Service Station qualification. More information is available in the Radio CSG General Provisions.
Minority Audience Service Station Support
A grantee seeking Minority Audience Service Station qualification is based on the grantee meeting at least one of the criteria below.
- A measured minority audience composition (cume) greater than 35 percent averaged over the previous three consecutive measured quarters; or
- The station is licensed to a designated Historically Black College or University; or
- The station is licensed to a Native American Tribe, a consortium of Tribes, or an entity controlled by a Tribe, or is licensed to a community within recognized Tribal Lands and provides a coverage area of which a substantial portion includes Tribal Lands.
Rural Audience Service Station Support
A grantee seeking Rural Audience Service Station qualification must have a coverage area population equal to or less than 40 people per square kilometer.
Contact CPB
All questions about this information should be directed to the Office of Grants Administration at isis@cpb.org. Remember to always identify your station call letters and/or grantee ID number so that we can respond quickly to your inquiry.