Page 308 - FY 19 Budget Forecast 91218.xlsx

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 2018-19 Budget
FY 2016-17 FY 2017-18 FY 2017-18 Adopted Variance
REVENUES Actual Budget YE Proj. Budget ($)

Franchise Fees-Verizon $ 93,471 $ 95,015 $ 85,993 $ 89,752 $ (5,263)
Franchise Fees-Tv Cable 26,742 27,001 31,293 25,463 (1,538)
Franchise Fees-Sbc/At&T 17,928 18,337 15,076 15,996 (2,341)
Franchise Fee-One Source Comm 8,721 8,678 8,195 8,195 (483)
Interest Revenue-Investments 6,089 2,130 3,716 3,464 1,334

TOTAL $ 152,951 $ 151,161 $ 144,273 $ 142,870 $ (8,291)

EXPENDITURE SUMMARY

FY 2018-19 Budget
FY 2016-17 FY 2017-18 FY 2017-18 Adopted Variance
EXPENDITURES BY CATEGORY: Actual Budget YE Proj. Budget ($)

Personnel services $ – $ – $ – $ – $ –
Operations & maintenance 96,551 26,100 18,100 36,100 10,000
Services & other 5,278 52,500 52,500 52,500 –
Capital outlay 220,398 75,000 45,000 40,000 (35,000)

TOTAL $ 322,227 $ 153,600 $ 115,600 $ 128,600 $ (25,000)

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