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2023 North Metro Telecommunications Commission <br />Budget <br />Talking Points <br />Overall Organizational Goals <br />Implement Strategic Plan. <br />Franchise renewal. <br />Explore additional services for Cities. <br />Grow commercial productions. <br />Provide staff for meeting coverage. <br />Continue to be responsive to cities communications needs. <br />Maintain accessibility of all channels through live streaming, OTT channels, and <br />video on demand services, 24-hours-a-day, on any device. <br />Provide program playback, video transport, channel management services, video <br />equipment maintenance and consulting services, internet streaming services for <br />city channels, VOD libraries for meetings, meeting management software licenses <br />and bookmarking services, program production and event coverage services, <br />home-media transfer services, and public access to television production for our <br />cities, schools and general public. <br />Estimated Fund Balance/Revenues/Expenses <br />The beginning fund balances for 2023 are estimates based on previous allocations, <br />planned spending for 2022, and estimated income. <br />Estimated revenues include: Franchise fees, including the actual first quarter <br />franchise fee payment, with anticipated reductions across quarters two through <br />four. PEG fees based on estimated number of subscribers, throughout 2023, <br />multiplied by the PEG fee, or by a percentage in a new franchise document. <br />Other income includes dub fees, home movie transfers, drone, streaming and <br />production services. Interest income is estimated based on the first quarter <br />interest earnings of this year. <br />Estimated expenditures include the operating expenses and capital expenses <br />including the bond payment, production and office equipment, and the fee <br />payment to the cities. <br />The year end fund balances include: <br />o TheOperating reserve traditionally at 25% of the operating budget. <br />Temporarily includes additional allocations for possible 2023 budgetary <br />support. <br />o Accrued vacation, sick and comp time. The total value of owed <br />vacation, sick, and comp time to employees. <br />o Thecapital equipment fund is intended for emergency replacement of <br />unplanned equipment failures. <br /> <br />