date:Mar 07, 2013
According to the sequestration, $3 million will be held back from the Milk Market Orders Assessment Fund, reducing its $57 million budget for operating the 10 market administrators' offices for the remainder of this fiscal year. These funds are collected from the dairy industry in mandatory assessments from all handlers that are regulated under the Federal Milk Marketing Order system.
In addition to the FMMO assessments, sequestration reductions will hit most voluntary user-fee funded programs,