08/12/2002 Council Packet - Laserfiche WebLink

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• • The Media Center proposed budget is $900,546. This budget is composed of operating expenditures totaling $549,346 and capital expenditures of $351,200. In addition to the budget, the Operations Committee has also proposed an increase in the subscriber's monthly PEG fee from $2.38 /month to $2.45 /month. The Memorandum of Understanding between the Member Cities and AT &T Broadband allows for an annual cost of living increase in the PEG fee. The seven cent increase represents a 2.8% CPI average. The increased funding is necessary for the Media Center to meet facility and equipment goals over the next five years. The Telecommunications Commission is recommending this increase in the PEG fee. Recommendation: That Member Cities approve the 2003 Media Center budget and increase in the PEG fee to $2.45 /month as presented by the Telecommunications Commission and Operations Committee. The Joint Powers Agreement states, "submitted budgets shall be deemed approved by a Member City unless, prior to October 15 preceding the effective date of the proposed budget, the Member City gives notice in writing to the Commission that it is withdrawing from the Commission." I want to thank the Commission directors, staff, and the Operations Committee for their efforts in preparing these budgets. If you have any questions about either budget please consult with your Commission director or City Administrator. This past year has been busy for the Commission with the formal franchise renewal analysis and negotiations. I look forward to working with all parties throughout the remainder of 2002 to complete our franchise renewal efforts and to increase both the quality and quantity of community programming in 2003. Enc. Sincerely, al& Harley Wells Chair, NMTC