Page 200 - CITY OF AZLE, TEXAS

CITY OF AZLE
CABLE PEG FEE CAPITAL PROJECTS FUND
FY 2022-23

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

2018-19 2019-20 2020-21 2021-22 2021-22 2022-23 2022-23 2022-23
Actual Actual Actual Budget Estimated Proposed CM Rec'd Approved

Beginning Balance 180,334 201,003 222,643 243,503 243,503 263,803 263,803 263,803
Plus: Fund Revenue
PEG Fees 20,534 20,792 20,547 20,000 20,000 20,000 20,000 20,000
Interest 135 848 312 300 300 300 300 300
Total Resources Available 201,003 222,643 243,503 263,803 263,803 284,103 284,103 284,103

Less: Fund Expenditures
Camera & Streaming System - - - 40,000 - 50,000 50,000 50,000
Total Fund Expenditures - - - 40,000 - 50,000 50,000 50,000

Fund Balance 201,003 222,643 243,503 223,803 263,803 234,103 234,103 234,103

City of Azle FY 2022-2023 Budget 189