So it seems like the FCC has a $20.4B[1] fund across approximately 61,766 CBGs[2], or ~$330,279 per CBG. The fine was for 768 CBGs, which would then represent ~

So it seems like the FCC has a $20.4B[1] fund across approximately 61,766 CBGs[2], or ~$330,279 per CBG. The fine was for 768 CBGs, which would then represent ~$253M of the fund, i.e., the fine was ~1.6% of the funded amount. So I don't see how the fine makes any sort of sense. [1]: https://www.fcc.gov/auction/904 https://www.fcc.gov/auction/904 [2]: see [1], see "Census Blocks, Associated Census Block Groups, and Reserve Prices (zip)", the larger of the two CSVs, the number of distinct values in the "cbg_id" column. There's a second CSV in the ZIP, and no documentation whatsoever, so I have no idea what that's about. You can include it in the calculation if you want, but it isn't going to materially affect the outcome here.