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HomeMy WebLinkAboutMemo - Mail Packet - 6/1/2021 - Memorandum From Amanda King And Carson Hamlin Re: Quarterly Cable Franchise And Peg Funding Update - Q1 2021MEMORANDUM 1 DATE:May 26, 2021 TO: Mayor and City Councilmembers THROUGH:Darin Atteberry, City Manager Kelly DiMartino, Deputy City Manager Tyler Marr, Interim Information and Employee Services Director FROM: Carson Hamlin, Video Production RE: Quarterly Cable Franchise and PEG Funding Update –Q1 2021 Background:The City has a non-exclusive franchise agreement with the local subsidiary of Comcast Corporation. During the franchise renewal process, Council made a request for increased tracking and reporting on compliance.Based on this request, quarterly reports will be shared and posted on the City’s franchise webpage: http://www.fcgov.com/fctv/franchise.php. Below is a summary of quarterly franchise and Public, Educational, Governmental (PEG) fees, reported customer complaints and current service pricing: Revenue received – x Franchise fees were under budget by 17.2% in Q1. x PEG fees were were down 15.7% in Q1. o Franchise fees are based off 5% of gross revenue. o PEG fees are $0.75/cable subscriber. o A financial audit is underway (see details below). Complaints- x Comcast reported zero complaints in Q1 2021. x The City received zero complaints in Q1 2021: Comcast website check- x Limited Basic pricing could not be found on the Xfinity website. x The lowest price listed for TV only was $49.99 2 Comcast Customer Service Center check - x Limited basic signage is posted at the customer service center. Other Franchise Updates – x Financial audit of Comcast: o Per the current cable franchise, the City is authorized to conduct a mid-franchise financial audit of Comcast which is in progress. o As of May 2021, the auditor is still awaiting missing documentation on various fees and commissions. If a resolution cannot be met, the auditor may issue an incomplete report with a note of noncompliance. City staff will consult with the City Attorney’s office on best next steps.