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<br />MEMO FROM CTV NORTH SUBURBS <br /> Meeting Date: 2/18/20 <br /> Agenda Item No.: - <br /> <br />Item Description: CTV North Suburbs Presentation <br />Page 1 of 1 <br />HISTORICAL FRANCHISE FEE DATA 1 <br />Cable subscribers are cutting or shaving the cord, which means they are eliminating their cable 2 <br />services. As they pare back, the city can expect to have less cable related franchise fees. The largest 3 <br />decrease occurred from 2017 to 2018. This is reflected with all of our partner cities. Plan for 4 <br />additional reductions for 2020 between 2% and 4%. 5 <br /> 6 <br />Arden Hills <br />Year Jan-Mar Apr-Jun Jul-Sep Oct-Dec Total <br /> <br />2014 $ 25,111.91 $ 25,003.26 $ 25,666.36 $ 26,045.10 $ 101,826.63 <br />2015 $ 21,813.00 $ 25,517.14 $ 25,507.17 $ 25,808.08 $ 98,645.39 ($3,181) -3.12% <br />2016 $ 25,111.91 $ 25,003.26 $ 25,666.36 $ 25,847.36 $ 101,628.89 $2,984 3.02% <br />2017 $ 25,310.15 $ 25,554.89 $ 26,264.27 $ 25,379.71 $ 102,509.02 $880 0.87% <br />2018 $ 24,250.30 $ 24,513.03 $ 24,134.55 $ 24,315.45 $ 97,213.33 ($5,296) -5.17% <br />2019 $23,379.28 $ 23,811.54 $ 24,405.27 $23,701.05 $ 95,297.14 ($1,916) -1.97% <br /> <br />POLICY OBJECTIVE 7 <br />To see historical data related to franchise fees. 8 <br />BUDGET IMPLICATIONS 9 <br />Franchise fees for 2020 are expected to decrease again. It is unsure how much, but an estimate of 2% 10 <br />to 4% would be prudent. 11 <br />CTV RECOMMENDATION 12 <br />Receive the reports as presented. 13 <br />REQUESTED ACCESS CORPORATION ACTION 14 <br />NA 15 <br />Prepared by: Dana Healy, Executive Director <br />Attachments: