Page 324 - 2020-21 Budget Summary

SPECIAL PURPOSE FUND SCHEDULES
SCHEDULE 20
TELECOMMUNICATIONS LIQUIDATED DAMAGES & LOST FRANCHISE FEES
Section 5.97 of the Los Angeles Administrative Code (LAAC) establishes the Telecommunications Liquidated Damages and Lost
Franchise Fees Fund, which receives all monies collected from cable television franchise holders as liquidated damages and
franchise fees lost to the City due to unexcused delays in the construction or activation of cable systems. LAAC Section 5.97 also
establishes a Telecommunications Development Account within the Fund. This Account receives 40 percent of all cable television
and other telecommunications franchise fee payments, which may be used for public, educational and government (PEG) access
programming and other telecommunications uses in the City, such as funding the costs of the Information Technology Agency. The
Account also receives one percent of cable television franchise holders gross receipts to pay capital costs related to providing PEG
access programming.
Total
Actual Estimated Budget
2018-19 2019-20 2020-21
REVENUE
36,091,392 36,287,590 Cash Balance, July 1 35,582,590
Less:
- - PYUNEXPAPPR1 Prior Years' Unexpended Appropriations 33,710,854
36,091,392 36,287,590 Balance Available, July 1 1,871,736
12,506,747 12,388,000 11,753 Franchise Fee 12,361,000
5,852,729 6,092,000 11,754 PEG Access Capital Franchise Fee 6,074,000
177,447 262,000 11,840 Other Receipts 35,000
54,628,315 55,029,590 Total Revenue 20,341,736

EXPENDITURES APPROPRIATIONS
82,728 87,000 111 City Attorney 187,078
356,358 357,000 127 City Clerk 309,927
300,465 194,000 375 General Services 196,235
10,573,626 11,505,000 447 Information Technology Agency 10,381,455
43,411 109,000 607 Bureau of Engineering 86,038
Special Purpose Fund Appropriations:
43,895 290,000 1,907 Cable Franchise Oversight 289,750
505,000 505,000 1,910 Grants to Citywide Access Corporation 505,000
802,698 2,100,000 1,911 L.A. Cityview 35 Operations 2,166,996
1,779,367 - 1,912 PEG Access Capital Costs 1,422,892
3,853,177 4,300,000 1,921 Reimbursement of General Fund Costs 4,796,365

18,340,725 19,447,000 Total Appropriations 20,341,736
36,287,590 35,582,590 Ending Balance, June 30 -

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