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12-14-2020-R
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12-14-2020-R
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<br /> <br />FranchiseFees <br />FranchisefeesarederivedfromafeeimposedoncableTVrevenuescollectedbytheutilities <br />forusagewithintheCity.ThefeesaredepositedintheSpecialRevenueCableFund.CableTV <br />franchisefeesareusedtocovercommunicationandAVequipmentcosts. <br /> <br />Trends:Thefeecurrentlyisestimatedtogenerateapproximately$96,700peryearforthe <br />CableFund. <br /> <br />DeveloperReimbursements <br />TheCountyhaspurchasedtheTCAAPproperty.Onceplansandphasinghavebeen <br />determined,estimatescanbemadeondeveloperreimbursementsandexpendituresforthe <br />property.ADevelopmentAgreementwillbeenteredintoinwhichtheCityisreimbursedforits <br />expensesincurredwiththisacquisition. <br /> <br />Trends:Norevenueshavebeenbudgetedatthistimebutonceplansandphasinghavebeen <br />determined,revenuesareexpectedtooffsetcostsincurredinconnectionwiththisproject. <br />ThiswillhappenaspartoftheJointDevelopmentAuthoritywithRamseyCounty. <br /> <br />InvestmentEarnings <br />Investmentearningsareallocatedtoallfundsbaseduponaweightedaverageoftheirdaily <br />cashbalance.Forbudgetingpurposes,theinterestearningsareprojectedandtheallocation <br />fromthelatestComprehensiveAnnualFinancialReportisused.Marketvaluechangesrelated <br />totherequiredrecognitionofunrealizedgains/lossesareincludedintheestimatefor <br />budgetarypurposes. <br /> <br />Trends:Investmentearningsaresubjecttotheinterestrate,economyandaredependenton <br />whatratesareavailableatthetimeinvestmentsweremade.Overallinterestearningsare <br />projectedtodecreasefromthe2020budget.Asalways,investmentearningsaresubjectto <br />suddenshiftsintheeconomy. <br /> <br />OtherRevenues <br />Miscellaneoussourceswhichdonotfitintoanyoftheabovementionedrevenuecategories. <br />Thesesourcesincludedonations,othersmallunexpectedpayments,andnonͲoperating <br />revenues(ProprietaryFunds)suchassaleofscraporsurplus. <br /> <br />Trends:Theserevenuesareexpectedtoremainconstantoverthenextseveralyears. <br /> <br /> <br />11
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