FCC Sets Regulatory Fee Collection For '09
July 31, 2009 at 5:03 PM (PT)
The FCC has released its annual Assessment and Collection of Regulatory Fees for fiscal year 2009, with the Commission set to collect $341,875,000 in fees in the SEPTEMBER filing window. The fees represent a 9.6% increase from the previous year. For AM and FM stations, the population served, as well as the class and type of service (AM or FM), will continue to determine the regulatory fee amount to be paid.
In addition, the Commission has released decided not to change its hardship waiver process for licensees having a hard time coming up with the money to pay regulatory fees. Changes in the process were proposed by several state broadcasters' associations, which suggested that fees be waived for any station showing "if a station shows the Commission (i) that its revenues are down substantially and that it has had to cut expenses, including employee layoffs, furloughs, and salary reductions in order to keep the station operating, or (ii) that it has broken, or is close to breaking, loan covenants or is otherwise in default of its financing, or (iii) that it is on the brink of some form of foreclosure or bankruptcy."