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HomeMy WebLinkAbout15 MEDIA ONE FEES 04-20-98DATE: NO. 15 4-20-98 April 15, 1998 I nte r-Come TO: FROM: SUBJECT:. William A. Huston, City Manager Ronald A. Nault, Finance Director MEDIA ONE MISALLOCATION OF CABLE FRANCHISE FEES SUMMARY: The results of an ~independent audit of Cable Franchise Fees indicated that approximately 1487 subscribers of Media One Cable Service have been credited to the County in error. After several months of negotiations with Media One, the City has accepted a one time settlement of $315,000 and correction of the misallocated subscriber accounts. RECOMMENDATION: Accept the negotiated settlement with Media One, and: 1. Deposit $289,000 into the Park Development Fund as a reserve for future projects. , Deposit $26,000 into the Capital Projects FUnd and appropriate same for modification to the Finance Department to provide additional work space and for completion of the network implementation. FISCAL IMPACT: One time settlement of $315,000, ongoing increase of Cable Franchise fees of approximately $25,000 per year. DISCUSSION: The County of Orange notified the City of Tustin in mid-1997 that they were in the process of auditing their Cable Providers and preliminary information indicated that several areas along the City/County borders had been misallocated regarding subscriber units. Shortly thereafter we were contacted by Media One to make us aware of the findings and we began discussions on correcting the problem and determining the prior period amount due the City. Working with the City Revenue Auditors, Municipal Resource Consultants, we determined there were approximately i487 units misallocated, going back ten years. The ten years coincides with the date that Media One purchased the franchise from Dimension Cable. After several months of negotiations, we agreed upon a settlement of $315,000. A check for this amount is due to the City the week of April 13. Our Revenue Auditors are monitoring the corrections to the subscriber base as of December 1997. -, Ronald A. Nault Finance Director RAN:ts RAN7:Media One 98.Agenda