09-10-1990 Council Packet - Laserfiche WebLink

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Lake Minnetonka Cable Communications 443 OAK STREET • EXCELSIOR, MINNESOTA 55331 • 1612)474- 28 Aug 1990 Mark Bernhardson, City Administrator City of Orono Box 66 Crystal Bay, MN 55323 Dear Mark: AUG 3 0 1990 At the August 21st meeting of the full Commission, the Budget Planning Committee presented its proposal for the 1991 LMCCC budget. To summarize the Committee's remarks on the drafting of this budget, it projected the following: 1) Franchise fees approximately 5% above 1909 (fees are received from the cable operator prior to the end of the first quarter of each year); 2) 4% increase in salary and related taxes; 3) Half of secretarial costs coming in-house; 4) An increase in travel expenses associated with attending educational conferences; 5) An increase in NATOA and MACTA membership dues; 6) The addition of a two-line phone system; and, 7) A decrease in the interest earned as a result of reserve funds being used for the approved expansion proposals for both the office and access equipment inventory. With a quorum present, the Commission voted unanimously to adoot the attached budget for 1991. They also voted unanimously to adopt the long-range goals included with this budget. Our Joint Powers agreement calls for this budget to be presented to the member cities fifteen (15) days after adoption for review and approval. The budget shall be effective only if approved by a majority of our members within thirty (30) days after receiving it. In the event it is not, the Commission "shall promptly adopt a revised budget and submit it to each member for review and approval." The Commission is seeking your approval of its 1991 budget. If you or members of your city council have questions regarding the proposed budget that cannot be answered by your city's Commission representative, please call me. I look forward to hearing from your community soon. ^ennifep Watts /administrator Enclosure