Page 295 - Keller Budget FY21

PUBLIC EDUCATION AND GOVERNMENT CABLE FRANCHISE
FEE FUND

FUND DESCRIPTION:
The PEG Cable Franchise Fee Fund accounts for cable franchise PEG fees charged in accordance with Section 622(g)(2)© of
the Cable Act (47 U.S.C. §542(g)(2)(c). PEG fees are remitted to the City by cable television providers. Fees may be used for
capital costs for PEG facilities, including purchases of equipment used in the broadcasting and/or dissemination of public
information. The purpose of this program is to account for funds received for Public, Educational and Governmental Access
Channel (PEG) Fee that is paid to municipalities by state-issued cable and video franchisees pursuant to Chapter 66, Section
66.006 (b). Chapter 66, Sec. 66.006 (b), Texas Utilities Code requires the PEG Fee to be used by a city "as allowed by federal
law."¹ Generally this means the PEG Fee may be spent on capital cost items for PEG access channel facilities, otherwise they
may be applied as a credit and counted as part of the 5% gross revenue franchise fee.

REVENUE SUMMARY

FY 2020-21
FY 2018-19 FY 2019-20 FY 2019-20 Adopted Budget
REVENUES Actual Budget YE Proj. Budget Variance ($)
Franchise Fees-Verizon $ 74,589 $ 86,055 $ 62,705 $ 62,705 $ (23,350)
Franchise Fees-Tv Cable 34,599 26,453 38,821 38,821 12,368
Franchise Fees-Sbc/At&T 13,386 41,077 6,343 6,343 (34,734)
Franchise Fee-One Source Comm 5,381 6,087 4,120 4,120 (1,967)
Interest Revenue-Investments 9,896 5,600 10,688 5,600 –
TOTAL $ 137,852 $ 165,272 $ 122,677 $ 117,589 $ (47,683)

EXPENDITURE SUMMARY

FY 2020-21
FY 2018-19 FY 2019-20 FY 2019-20 Adopted Budget
EXPENDITURES BY CATEGORY: Actual Budget YE Proj. Budget Variance ($)
Personnel services $ – $ – $ – $ – $ –
Operations & maintenance 14,583 26,100 26,100 35,100 9,000
Services & other 49,256 52,500 52,500 52,500 –
Capital outlay – – – 66,000 66,000

TOTAL $ 63,839 $ 78,600 $ 78,600 $ 153,600 $ 75,000

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