Fiscal Year 2014
Expenditure period: 10/1/2013 - 9/30/2015
Overview
The following is updated information regarding grant calculations for the Fiscal Year (FY) 2014 Radio Community Service Grants (CSG). Earlier this year, President Obama signed into law the Consolidated Appropriations Act of 2014. The bill provides CPB with its FY 2016 advance appropriation of $445 million, reconfirms CPB’s FY 2014 and FY 2015 appropriation of $445 million respectively, and provides Ready to Learn with an FY 2014 appropriation of $25.741 million. As you may recall, in October of 2013, in order to help stations manage the uncertainty of the FY 2014 budget process, CPB provided each grantee with 70% of its annual CSG based on the $421.86 million amount in its first payment.
Recertification is Needed to Receive Your Station’s Second Payment
Now with the FY 2014 budget process complete, CPB has recalculated the CSG grants and has notified staff at stations that they can now log into ISIS and recertify. This is necessary so that CPB can release the second CSG payment to individual stations, once the station has recertified. The second payment was recalculated based on the remaining 30% plus the amount necessary to reconcile each grantee's payment to the revised final Fiscal Year 2014 appropriation amount of $445 million. It is important to note that as stated on each grantee’s FY 2014 CSG Agreement, the grant offer is contingent upon CPB's receipt of its authorized appropriation for FY 2014 and is subject to decreases.
IRR for FY 2014 and the Unrestricted and Restricted Percentages
The currently calculated Incentive Rate of Return (IRR), applicable to CSG Levels C and D, is .061146. Fluctuation in IRR from year to year is a function of total radio system non-Federal financial support (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 2014 Unrestricted Percentage: 73.98%
FY 2014 Restricted Percentage: 26.02%*
The Restricted Portion of The Radio CSG
*All radio CSG recipients are required to spend 26.02 percent of the FY 2014 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. For more information on the Restricted Portion of the Radio CSG, please see page 21 of the FY2014 Radio CSG General Provisions. Also, you can always find the link to the General Provisions and other critical documents at cpb.org under the For Stations & Producers section.
FY 2014 Base Grant Amounts (based on current budget level):
- Level A: $100,000
- Level B: $72,313
- Level C: $72,313
- Level D: $57,850
Radio CSG Formulas
Below are the formulas used in determining the 2014 Radio CSG Grants.
MASS and RASS
The information below provides a basic overview of Minority Audience Service Station (MASS) and Rural Audience Service Station (RAS) qualification. More information is available in the General Provisions.
Minority Audience Service Station Support (MASS)
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 40 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 (RASS)
A grantee seeking Rural Audience Service Station qualification must have a coverage area population equal to or less than 40 people per square kilometer.
The Best Way to Contact CPB with Your Questions
All questions about this information should be directed to the Office of Grants Administration at isis@cpb.org. Please remember to always identify your station call letters and/or grantee ID number so that we can respond quickly to your inquiry.