Page 201 - Azle City Budget 2019

CITY OF AZLE
CABLE PEG FEE CAPITAL PROJECTS FUND
FY 2018-19

The Cable PEG Fee Capital Projects Fund was established in 2012 to properly account for the receipt of Cable
PEG Fees. Chapter 66 of the Texas Utilities Code provides for funds, over-and-above franchise fees, to support
public, educational, and governmental (PEG) access facilities to assist cities with providing PEG channel
capacity. The funds are collected from an additional one percent of a provider's gross revenues. Permissible
capital expenditures include all facilities and equipment that have a useful life of longer than one year and that
are used for PEG access facilities to provide or enhance the provisioning of PEG channel capacity, programming,
and transmissions for a governmental use.
The fund is accounted for on a modified accrual basis of accounting. Revenues are recorded when available and
measurable. Expenditures are recorded when the liability is incurred.

Cable PEG Fee Capital Projects Fund Summary

2014-15 2015-16 2016-17 2017-18 2017-18 2018-19 2018-19 2018-19
Actual Actual Actual Budget Estimated Proposed CM Rec'd Approved
Beginning Balance 104,758 123,457 142,336 161,611 161,611 178,681 178,681 178,681

Plus: Fund Revenue
PEG Fees 18,573 18,828 19,220 17,000 17,000 17,000 17,000 17,000
Interest 126 51 55 70 70 70 70 70
Total Resources Available 123,457 142,336 161,611 178,681 178,681 195,751 195,751 195,751

Less: Fund Expenditures
- - - - - - - -
Total Fund Expenditures - - - - - - - -

Fund Balance 123,457 142,336 161,611 178,681 178,681 195,751 195,751 195,751

City of Azle 2018-2019 Budget 189