Page 349 - Hurst FY20 Approved Budget
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PUBLIC, EDUCATIONAL & GOVERNMENT ACCESS CHANNEL (PEG) FEE FUND
The Public, Educational and Governmental Access Channel (PEG) Fee is paid to municipalities by state-issued cable and
video franchisees pursuant to Chapter 66, Section 66.006 (b). Chapter 66, Section 66.006 (c) restricts the use of the
PEG Fees to expenditures “as allowed by federal law.” Essentially, the 1% PEG fee must be spent on capital cost items
for public educational and governmental access channel facilities.
CITY OF HURST
2019-2020 APPROVED BUDGET
CABLE AND VIDEO PROVIDER PEG FEE FUND
REVENUE AND EXPENDITURES
FUND BALANCE OCTOBER 1, 2019 $91,256
REVENUES
Service Provider PEG Fees $60,718
TOTAL REVENUES $60,718
TOTAL FUNDS AVAILABLE $151,974
EXPENDITURES
Professional Services $15,024
Other Machinery & Equipment 10,000
Capital Outlay 5,000
TOTAL EXPENDITURES & DESIGNATED RESERVES $30,024
FUND BALANCE AT SEPTEMBER 30, 2020 $121,950
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