Page 80 - FY 2022-23 Revenue Outlook

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

2018-19 2019-20 2020-21 2021-22 2022-23
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 392 363 - - 252 252 252 -
AUGUST 4,043 4,214 4,495 7,591 4,138 (3,453) 4,138 7,320
SEPTEMBE 63 - - - - - - -
OCTOBER 367 354 297 - 54 54 54 -
NOVEMBER 1,883 137 4,033 7,592 4,275 (3,317) 4,275 7,610
DECEMBER 2,433 4,095 - - 237 237 237 -
JANUARY 392 345 305 - 233 233 233 -
FEBRUARY 4,436 4,211 4,524 7,592 4,283 (3,309) 4,283 7,580
MARCH - 30 - - 32 32 32 -
APRIL 378 343 261 - - -
MAY 4,264 4,262 4,044 7,592 4,397 7,330
JUNE - - - - 11,940 -
TOTAL $ 18,650 $ 18,355 $ 17,959 $ 30,367 $ 29,840 $ 29,840
% Change 4.4% -1.6% -2.2% 69.1% 66.2% 0.0%
2018-19 2019-20 2020-21 2021-22 2022-23
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 392 363 - - 252 252 252 -
AUGUST 4,435 4,577 4,495 7,591 4,390 (3,201) 4,390 7,320
SEPTEMBE 4,498 4,577 4,495 7,591 4,390 (3,201) 4,390 7,320
OCTOBER 4,865 4,931 4,792 7,591 4,443 (3,148) 4,443 7,320
NOVEMBER 6,748 5,068 8,824 15,183 8,719 (6,464) 8,719 14,930
DECEMBER 9,181 9,163 8,824 15,183 8,956 (6,227) 8,956 14,930
JANUARY 9,572 9,508 9,130 15,183 9,188 (5,995) 9,188 14,930
FEBRUARY 14,008 13,720 13,654 22,775 13,471 (9,304) 13,471 22,510
MARCH 14,008 13,750 13,654 22,775 13,503 (9,272) 13,503 22,510
APRIL 14,386 14,093 13,915 22,775 13,503 22,510
MAY 18,650 18,355 17,959 30,367 17,900 29,840
JUNE 18,650 18,355 17,959 30,367 29,840 29,840

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 not anticipated to meet budget.
The 2022-23 estimate assumes total franchise fees remain stable.

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