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CITY COUNCIL <br />AGENDA ITEM 3A <br /> <br /> <br />STAFF ORIGINATOR: Jeff Karlson <br /> <br />MEETING DATE: July 10, 2017 <br /> <br />TOPIC: 2018 North Metro Telecommunications Commission Budget <br /> <br />VOTE REQUIRED: 3/5 <br /> <br /> <br />INTRODUCTION <br /> <br />The City Council is being asked to approve the 2018 budget as recommended by the North <br />Metro Telecommunications Commission and the Operations Committee. <br /> <br />BACKGROUND <br /> <br />The Commission’s operating budget for 2018 is proposed at $1,292,053, which is <br />$71,589 more than last year’s budget. This increase is due entirely to franchise renewal <br />expenses. An increase in video streaming bandwidth expenses was balanced out by a reduction <br />in personnel costs. <br /> <br />Capital costs for 2018 are budgeted at $409,147. The majority of this amount is dedicated for <br />the bond payment of $229,215, which financed the purchase of HD equipment. The balance is <br />for Makito X signal transport systems, video streaming servers, field equipment, office <br />computers, software, software licenses, and annual system maintenance contracts. <br /> <br />Franchise fees paid to the member cities are budgeted at $400,000. This is $55,000 more than <br />last year’s franchise fee payment. It is estimated that Lino Lakes will retain approximately <br />$60,000 of the total franchise fees collected from cable subscribers in the city. <br /> <br />RECOMMENDATION <br /> <br />Staff recommends approval of the 2018 North Metro Telecommunications Commission budget. <br /> <br />ATTACHMENTS <br /> <br />2018 NMTC Budget Materials <br />