For those that may be interested, the following is the data sheet our friends at TWC use to calculate the franchise fee. Be aware that whatever the franchise fee % is( currently 2%) , it is paid for 100% by subscribers. TWC just passes it along.
Prior to 2007 , the fee was deposited in the general fund. A warrant article created the Communications Technology Capital Reserve Fund in 2007 and since then, the annual fee has been deposited in there. As of December 31st 2014, the fund balance was $187,338.61. This year we will add $33,007.42.
As you may know,we are in the process of negotiating a new contract with TWC. My personal feeling ( and this is just me, a taxpayer talking) is that even though it only amounts to about a $1 per month per subscriber, it is still a tax on those that have access to TWC and choose to subscribe. I feel that ( again this is me, a taxpayer talking) that if we want to continue to support this fund, it should be an equal tax on every taxpayer, an appropriation of about $12 per year.
So, the question will be as we go forward is do we want to continue collecting a franchise fee ( could go as high as 5%) or discontinue it and look for TWC to build out the infrastructure? How and where to expend the current balance ( will be about $220,000) is also on the table.