To see if the Town will vote to appropriate or transfer a sum or sums of money for the support of public, educational, and/or governmental (“PEG”) access cable television services, said sum or sums to be provided for by the cable franchise agreements and cable licensing fees, detailed in an operational cost, building expenses, and capital expense budget, and expended under the direction of the Town Manager; or take any action related thereto.

 (Inserted at the request of the Town Manager)

These are funds which formerly were transferred directly from the cable providers to the cable access network (ACMi).  However, the State has issued rules requiring these funds to be appropriated through Town Meeting.

That the Town appropriate the cable revenues projected for Fiscal Year 2024 as follows:

2024 PEG Access Budget

Amount

Total operating revenue anticipated from cable providers:

$665,249

Total capital revenue anticipated from cable providers:

$110,338

Misc. Income (including membership dues, workshops interest & donations):

Fidelity Investment account:

$4,050

$40,790

Total Revenues

$820,477

Total Operating Expenses (including salaries and taxes)

Salaries and Taxes:

$500,597

Expenses:

$209,492

Capital:

$110,388

Total Expenses

$820,477