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USF 2005

A Review of the South Carolina Universal Service Fund
February 2005


Members of the General Assembly requested the Legislative Audit Council (LAC ) to conduct an audit of the South Carolina universal service fund (USF) administered by the Public Service Commission (PSC). The requesters asked the LAC to review the need for the fund. Because the state’s interim LEC fund is closely connected to the universal service fund, we also assessed the need for this fund. We also reviewed the PSC’s administration of the USF.