The FCC has released the Second Quarter 2014 Inflation Adjustment Factor for cable operators using FCC Form 1240 to calculate the maximum permitted basic service tier rate. The Inflation Factor for the Second Quarter of 2014 is 2.11 percent (an increase from the First Quarter 2014 inflation factor of 1.28 percent). Please consult the attached Public Notice to ascertain how this Factor was calculated and how it should be used in conjunction with FCC Form 1240.