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increasing by $73,120 (62%). This large increase is the result of a historically weak recycled <br />materials market. The income that haulers used to receive by selling the materials collected, are <br />now being recovered through rate increases. The full time wages that are charged to the fund <br />represent 10% of the City Clerks wages. The current cash balance is $40,302. <br />Cable <br />The Cable fund was new for the 2015 budget. The projected revenues are based on current <br />subscriber information and rates. The line item for Internet/Other communications covers the costs <br />associated with streaming and online access of council meetings. It has been increased to pay for <br />the increased cost of our fiber internet connection. <br />Revenue for the fund is in the from franchise fees that are set by the City's franchise agreement <br />with Mediacom. There are no capital expenditures planned for 2020. The current cash balance of <br />the fund is $155,252. With the replacement the replacement of the video equipment and the <br />remodeling of the council chambers scheduled for December, the cash balance is projected to be <br />$30,000 on 12/31/19. <br />