|
TO: |
Roger L. Stancil, Town Manager |
|
|
|
|
FROM: |
Catherine Lazorko, Town Information Officer |
|
|
|
|
SUBJECT: |
The Peoples Channel 2005-06 Annual Report |
|
|
|
|
DATE: |
November 20, 2006 |
The purpose of this memorandum is to present The Peoples Channel’s Annual Report 2005-06. The Annual Report is included as Attachment 1.
The Peoples Channel has submitted its Annual Report to the Town of Chapel Hill for Fiscal Year 2005-06. The Peoples Channel is a non-profit corporation organized by area citizens to provide community access television in Chapel Hill. The Channel is a tax-exempt, non-profit 501(c)(3) corporation.
The Peoples Channel receives funding from several sources, primarily public access fees collected by Time Warner from cable customers under the Franchise Agreement. The cable television franchise approved by the Council and accepted by Time Warner in July 1996 allows the Town to have cable customers billed a public access fee.
On November 21, 2005, the Council approved an increase in the monthly subscriber public access fee from 74 to 76 cents, based on inflation. A Public Forum is scheduled during tonight’s meeting to receive public comments on a potential adjustment of this public access fee. Under the Performance Agreement with The Peoples Channel, the Town pays The Peoples Channel these public access fees, which are collected by Time Warner in customer bills. The Channel received $120,507 in public access fees from the Town in 2005-06.
The Peoples Channel’s Audited Financial Statements for the 2005-06 Fiscal Year are included as Attachment 2. In the past, this report was submitted for the calendar year, and this has been changed to reflect activities for the fiscal year.
We believe that The Peoples Channel Annual Report 2005-06 meets the requirements of the performance agreement with the Town. We recommend that the Council receive the attached Annual Report.