Laserfiche WebLink
channels. Revenues for this fund are derived from interest on investments, PEG fees from our <br />cable subscribers, an annual transfer of a portion of the franchise fees, and additional charges to <br />entities outside of our franchise area who have a need to access the public access channels. The <br />Cities of Mound and Chanhassen have expressed an interest in using our facilities and our <br />playback capabilities to reach their constituents. The Studio/Access Fund will be initially <br />supported by a one-time transfer of the 1999 ending fund balance. <br />Capital llmprovement Fund <br />The Capital Improvement Fund has befm established to pre-fund the acquisition of new <br />equipment as well as to recognize the depreciation and need for replacement of equipment and <br />lease-hold improvements presently existing. Revenues for this fimd are comprised of interest on <br />investments and a transfer of funds from the Studio/Access Production Fund. Expenditures from <br />this fund will be decided after the Cable Administrator and production staff have had time to <br />further assess equipment condition and additional needs. This fund will also be initially created <br />by a transfer from the 1999 ending fund balance. <br />The Lake Minnetonka Communications Commission believes this new budget format will <br />be a more effective management tool for the Commission and Staff as well as provide a more <br />understandable document by which the LMCC member cities can view their Commission ’s <br />allocation of resources.