Page 80 - FY 2021--22 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Franchise Income - Cable Television
(Thousand Dollars)

2017-18 2018-19 2019-20 2020-21 2021-22
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 452 392 363 - - - - -
AUGUST 3,937 4,043 4,214 4,555 4,495 (60) 4,495 7,591
SEPTEMBER - 63 - - - - - -
OCTOBER 442 367 354 - 297 297 297 -
NOVEMBER 4,093 1,883 137 4,555 4,033 (522) 4,033 7,592
DECEMBER - 2,433 4,095 - - - - -
JANUARY 407 392 345 - 305 305 305 -
FEBRUARY 4,100 4,436 4,211 4,555 4,524 (31) 4,524 7,592
MARCH - - 30 - - - - -
APRIL 412 378 343 - - -
MAY 4,026 4,264 4,262 4,555 4,566 7,592
JUNE - - - - - -
TOTAL $ 17,870 $ 18,650 $ 18,355 $ 18,220 $ 18,220 $ 30,367
% Change -2.3% 4.4% -1.6% -0.7% -0.7% 66.7%
2017-18 2018-19 2019-20 2020-21 2021-22
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 452 392 363 - - - - -
AUGUST 4,389 4,435 4,577 4,555 4,495 (60) 4,495 7,591
SEPTEMBER 4,389 4,498 4,577 4,555 4,495 (60) 4,495 7,591
OCTOBER 4,832 4,865 4,931 4,555 4,792 237 4,792 7,591
NOVEMBER 8,925 6,748 5,068 9,110 8,824 (286) 8,824 15,183
DECEMBER 8,925 9,181 9,163 9,110 8,824 (286) 8,824 15,183
JANUARY 9,332 9,572 9,508 9,110 9,130 20 9,130 15,183
FEBRUARY 13,432 14,008 13,720 13,665 13,654 (11) 13,654 22,775
MARCH 13,432 14,008 13,750 13,665 13,654 (11) 13,654 22,775
APRIL 13,844 14,386 14,093 13,665 13,654 22,775
MAY 17,870 18,650 18,355 18,220 18,220 30,367
JUNE 17,870 18,650 18,355 18,220 18,220 30,367

A 6 percent fee imposed on gross cable TV revenue, of which half is received as general fund revenue. In 2020-
21 and prior years, 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 meet budget.
The 2021-22 estimate assumes total franchise fees remain stable. However, the 66.7 percent increase in
receipts reflects the redirection of the PEG 2 percent to the General Fund.

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