Page 82 - FY 2020-21 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Franchise Income - Cable Television

(Thousand Dollars)
2016-17 2017-18 2018-19 2019-20 2020-21
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 587 452 392 - 363 363 363 -
AUGUST 4,036 3,937 4,043 4,625 4,214 (411) 4,214 4,555
SEPTEMBE - - 63 - - - 0 - -
OCTOBER - 442 367 - 354 354 354 -
NOVEMBER 4,561 4,093 1,883 4,625 137 (4,488) 137 4,555
DECEMBER - - 2,433 - 4,095 4,095 4,095 -
JANUARY 195 407 392 - 345 345 345 -
FEBRUARY 4,566 4,100 4,436 4,625 4,211 (414) 4,211 4,555
MARCH - - - - 30 30 30 -
APRIL 539 412 378 - - -
MAY 3,810 4,026 4,264 4,625 4,525 4,555
JUNE - - - - - -
TOTAL $ 18,295 $ 17,870 $ 18,650 $ 18,500 $ 18,275 $ 18,220
% Change -2.7% -2.3% 4.4% -0.8% -2.0% -0.3%
2016-17 2017-18 2018-19 2019-20 2020-21
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 587 452 392 - 363 363 363 -
AUGUST 4,623 4,389 4,435 4,625 4,577 (48) 4,577 4,555
SEPTEMBE 4,623 4,389 4,498 4,625 4,577 (48) 4,577 4,555
OCTOBER 4,623 4,832 4,865 4,625 4,931 306 4,931 4,555
NOVEMBER 9,184 8,925 6,748 9,250 5,068 (4,182) 5,068 9,110
DECEMBER 9,184 8,925 9,181 9,250 9,163 (87) 9,163 9,110
JANUARY 9,379 9,332 9,572 9,250 9,508 258 9,508 9,110
FEBRUARY 13,946 13,432 14,008 13,875 13,720 (155) 13,720 13,665
MARCH 13,946 13,432 14,008 13,875 13,750 (125) 13,750 13,665
APRIL 14,485 13,844 14,386 13,875 13,750 13,665
MAY 18,295 17,870 18,650 18,500 18,275 18,220
JUNE 18,295 17,870 18,650 18,500 18,275 18,220
A 6 percent fee imposed on gross cable TV revenue, of which half is received as general fund revenue. The other
3 percent fee is deposited in the Telecommunications Development Account, of which two-thirds may be used for
public, educational and government (PEG) access programming and other telecommunications uses in the City,
such as funding the Information Technology Agency (ITA), and one-third are used to pay capital costs related to
providing PEG programming. Payments are made quarterly. Current year estimate is anticipated to be slightly
below budget and reflects actual receipts-to-date. The 2020-21 estimate remains flat with the market shift from
broadband cable and DSL subscription programming to internet streaming services.

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