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G-11-10-27-9D2 - 10/27/2011ORDINANCE NO.6-1("10 '11 CO2 -- AN ORDINANCE ADOPTING A BUDGET FOR THE PUBLIC, EDUCATION, AND GOVERNMENT ("PEG") ACCESS CHANNELS FUND FOR THE 2011-2012 FISCAL YEAR. WHEREAS, the Chapter 66, Texas Utilities Code provides for the manner in which the City collects and spends PEG Fees paid by cable and video service providers; and WHEREAS, the Round Rock City Council established the Public, Education, and Government Access Channels Fund ("PEG Fund") in §44-400 of the Code of Ordinances; and WHEREAS, the Finance Department has submitted a proposed budget for the PEG Fund for fiscal year 2011-2012; and WHEREAS, the City Council wishes to approve said proposed budget, Now Therefore BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: That the budget for the PEG Fund submitted by the Finance Department for fiscal year 2011-2012, attached hereto as Exhibit "A", is hereby approved. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Ordinance was adopted was posted and that such meeting was open to the public as required by law at all times during which this Ordinance and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. READ and APPROVED on first reading this the day of C.Y 2011. 45- READ, APPROVED and ADOPTED on second reading this the �` day of 69 , 2011. O:\wdox\SCCInts\0112\ 1104\MUNICIPAL\00233731. DOC/sls ALAN MCGRAW, Mayor City of Round Rock, Texas ATTEST: SARA L. WHITE, City Secretary 2 City of Round Rock Public Educational Access Fund #620 2011-2012 Proposed Budget DESCRIPTION OF ITEM 10-11 10-11 11-12 Approved Estimated Proposed Budget Actual Budget Estimated Fund Balance 10/1/11 Less: Departmental Reserves REVENUES: Interest Income PEG Fees Total Revenues Total Funds Available $0 0 0 $0 $861,997 0 (86,200) 0 775,797 0 0 1,500 0 0 250,000 0 0 251,500 0 0 1,027,297 EXPENDITURES: PEG purchases 0 126,501 0 AudioNisual Equipment 145,000 Computer Software 5,000 Total Expenditures 0 126,501 150,000 Estimated Unreserved Fund Balance 9/30/12 $0 $861,997 $877,297 EXHIBIT „A„ Capital Outlay FY 11-12 Public Educational Access Fund (/) U O Q' C O 'C .- 0 .0 e- 0 O r to 0 4.: CO CL To 0 F- O E I-. 0 v O <oen0 O CO Justification & Benefits C O 0. .5 0 0 O O 0 H c to E m 0. cc 0c E G tS w 0 0 0 0 0 U d 3 ✓ t0 2 0 c O w O > 0 O O 0 O O 0 Video Playback Equipment 0 0 O 0 O O O c d n w Video Monitorin 0 0 0 0 U9 0 0 0 Digital Video Storage System O 0 0 0 fH 0 0 O tp 19 High Definition Camera 0 0 0 0 N 4/71 0 0 0 O N to Camera Support Equipment 0 0 0 0 fH O 0 0 O Vi c d E Audio Recording Equi 0 0 0 0 fA O N 2 c c N N E E . 0. W w c E a 44- 0 - c G) E n a- C N E n 0 - c N E 0 w c E 0 w C C) E 0. .5 w C G) E 0 v w AudioNisua t0 AudioNisua AudioNisua Cel N AudioNisua 1.0 t0 Cal N O LL') to N 0 0 to 0 11) to GO N CO11, to ``y GO 0 0 O 0 fA 0 0 0 0 49 ui 0 0 U Video Editin d 0 O d 7 n 0 U CO CO CO CO CO (0 CO to t0 0 0 0 0 f9 O O O 0 t0 fA E O 1- (0 U O 0 0 0 fA Total Capital Outlay 11-12 ROUND ROCK, TEXAS PURPOSE. PASSION. PROSPERITY City Council Agenda Summary Sheet Agenda Item No. *9D2. Consider an ordinance adopting the Public, Educational, and Government (PEG) Access Agenda Caption: Fund Budget for FY 2011-2012. (Second Reading) Meeting Date: October 27, 2011 Department: Finance Staff Person making presentation: Cheryl Delaney Finance Director Item Summary: This is a newly establish special revenue fund that accounts for cable franchise fees which are used for public, educational, and government (PEG) access purposes consistent with state and federal law. In accordance with SB 1087, the City must transfer any fees it receives as outlined in Section 66.006 (c), Utilities Code before September 1, 2011 that have not been disbursed to a separate account. The City must maintain the revenues received in a separate account established for that purpose, and may not spend revenue from the fees except directly from the separate account. In the past, these PEG funds were collected and resided in the General Fund. The remaining unspent PEG balance, that was transferred from the General fund as of 8/31/11 was $861,997 and will be the beginning fund balance. Any entity or person seeking to provide cable services or video service is required to file for a state -issued franchise authority. Franchises operating within the City are required to pay 1% of gross revenues for PEG purposes. The 2011-12 Public Educational Access Fund budget provides revenues associated with the collected franchise fees and $150,000 in capital expenditures. Among the capital purchases to be funded are audio and video equipment for the new City Council Chambers during the City Hall remodel. Cost: Source of Funds: N/A N/A Date of Public Hearing (if required): N/A Recommended Action: Approval