netcurmudgeon (netcurmudgeon) wrote,
netcurmudgeon
netcurmudgeon

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Ha!

WE GOT IT!


After sixteen months of waiting, endless requests for documents, and at least one major crisis, we finally have our money. USAC (the arm of the Feds that runs the E-Rate program) posted wave 20 of Funding Year 2004-2005 today, and we're on it. Funded, in full! This is $6.4 million to fund phone service, Internet access, and over four million dollars worth of desperately needed technology upgrades. Below is all the detail I have now. We'll find out the real nitty-gritty over the week or so when our official notification letters arrive.

Service Address City Zip $ Amount Wave Discount (%)
INTERNAL CONNECTIONS 153 MARKET ST HARTFORD 06103 $4,442,217.43 20 88
INTERNAL CONNECTIONS 153 MARKET ST HARTFORD 06103 $716,328.25 20 89
TELCOMM SERVICES 153 MARKET ST HARTFORD 06103 $1,273,739.28 20 88
  $6,432,284.96  

Now, the real work begins. Since this is money to cover the current year (the one that started on July 1, 2004 and ends in 21 days) we first need to get reimbursed for all the money we've already paid people for services that are covered by E-Rate. Once that's done we need to turn that money around and use it to pay our 11% or 12% of the cost of the tech projects.

Because the reimbursals need to be squared away first, I really don't expect to be able to move on my projects until September or October, but alelujha what a relief to know that we're no longer staring at a huge budget hole and will, eventually, be flush with cash.
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