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10-24-2016 Council Work Session Packet
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10-24-2016 Council Work Session Packet
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11/19/2019 3:48:46 PM
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3/2/2018 10:11:17 AM
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Item No: 1 a <br />forecasts made when the fund was established. The full time wages that are charged to the fund <br />represent 10% of the City Clerks wages. An additional fall cleanup is included in this budget. The <br />budget is being presented with a 10% increase in rates. The current cash balance is $36,000. <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 an <br />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 with <br />Mediacom. The 2017 CIP includes updates to the City Council presentation equipment. The <br />current cash balance of the fund is $106,660. <br />
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