Page 143 - City of Bedford FY20 Approved Budget
P. 143
City of Bedford
Program Summary
FY 2019-2020
Fund: Public, Education, Government (PEG)
Department: Community Services Division: Administration
PROGRAM DESCRIPTION
In December 2012, Time Warner Cable terminated its local franchise with the City of Bedford and opted into statewide franchising in
accordance with the adoption of SB 1087 in the 2011 legislature. SB 1087 allowed each local incumbent cable franchisee to terminate all
of its local franchises in cities of less than 215,000, if done so by December 31, 2011. This is also in compliance with the SB 5 from the
2005 legislature, which transferred cable franchising authority to the Public Utility Commission. Also, in accordance with SB 1087, a
municipality must set up a separate PEG fund at the time of franchise termination to collect and account for the public, educational, and
governmental (PEG) fee which goes into effect at the time of termination. The PEG fee is an additional 1% of gross revenue and can only
be spent on capital items for the local access channel as described by federal law. The PEG fee is also required of AT&T, as well as any
future cable provider that may choose to provide service in Bedford.
EXPENDITURE SUMMARY
ACTUAL ACTUAL BUDGET PROJECTED BUDGET
16/17 17/18 18/19 18/19 19/20
Personnel Services* - - - - -
Supplies 20,927 20,265 20,000 20,000 20,000
Maintenance 740 - - - -
Contractual Services 8,635 - - - -
Utilities - - - - -
Sundry - - - - -
Capital Outlay 54,262 - 18,400 18,400 18,400
TOTAL: $84,564 $20,265 $38,400 $38,400 $38,400
*This area does not have any personnel assigned.
SIGNIFICANT CHANGES
No significant changes
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