Page 320 - FY 2021-22 Proposed Budget

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. The Account receives one percent of cable television
franchise holders gross receipts to pay capital and operational costs related to providing public, educational, and government (PEG)
access programming. Prior to 2021-22, this Account also received 40 percent of all cable television and other telecommunications
franchise fee payments, but effective July 1, 2021 100 percent of these franchise fee payments will be deposited to the General
Fund.
Total
Actual Estimated Budget
2019-20 2020-21 2021-22
REVENUE
36,287,297 36,883,102 Cash Balance, July 1 34,292,102
Less:
- - PYUNEXPAPPR1 Prior Years' Unexpended Appropriations 32,700,779
36,287,297 36,883,102 Balance Available, July 1 1,591,323
12,372,667 12,308,000 11,753 Franchise Fee -
6,131,474 6,342,000 11,754 PEG Access Capital Franchise Fee 6,073,000
107,363 62,000 11,840 Other Receipts -
54,898,801 55,595,102 Total Revenue 7,664,323

EXPENDITURES APPROPRIATIONS
110,544 100,000 111 City Attorney -
382,794 310,000 127 City Clerk -
194,375 196,000 383 General Services 196,235
11,533,428 10,382,000 455 Information Technology Agency 1,323,368
108,969 86,000 607 Bureau of Engineering 100,289
Special Purpose Fund Appropriations:
175,215 300,000 1,907 Cable Franchise Oversight -
505,000 505,000 1,910 Grants to Citywide Access Corporation 505,000
1,153,821 3,164,000 1,911 L.A. Cityview 35 Operations 2,080,631
212,890 1,560,000 1,912 PEG Access Capital Costs -
3,638,663 4,700,000 1,921 Reimbursement of General Fund Costs 3,458,800

18,015,699 21,303,000 Total Appropriations 7,664,323
36,883,102 34,292,102 Ending Balance, June 30 -

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