The statutory license for “Non-commercial Webcasters” (like you, quite likely) is due to expire at the end of 2015. CBI has negotiated a settlement with SoundExchange that would largely keep the same rates and terms of the statutory license in place for the next five years after that (from 2016 through 2020).
For this to happen though the Copyright Royalty Board needs to approve the settlement, but in order for them to do that, the Copyright Royalty Judges need to hear from you. They need to know you think the rates and terms in the settlement – essentially the same as the rates and terms you have been used to for the past few years – are reasonable.
Without that feedback there is no guarantee that the rates and terms for the next five years will be as good. (In fact, without that feedback there’s a real possibility they will not be.)
Letting the judges know that they should adopt the settlement is simple. First, read it at http://www.loc.gov/crb/fedreg/2014/79fr65609.pdf. Then, send an email to firstname.lastname@example.org on behalf of your station stating that you support the settlement as being a reasonable. Send it on or before November 26, 2014.