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HomeMy WebLinkAbout4.2 - 1168 TV30 Additional Funds Request Page 1 of 2 STAFF REPORT CITY COUNCIL DATE: October 4, 2016 TO: Honorable Mayor and City Councilmembers FROM: Christopher L. Foss, City Manager SUBJECT: TV30 Supplemental Capital Appropriation Prepared by: Caroline P. Soto, City Clerk/Records Manager EXECUTIVE SUMMARY: The Tri-Valley Community Television Corporation (TV30) has requested an additional appropriation of funds for capital equipment acquisition to replace end -of-life hardware necessary due to the inability to upgrade software; and com pliance and emergency hardware. STAFF RECOMMENDATION: Staff recommends that the City Council approve a budget change in the amount of $31,106 for additional TV30 capital expenses. FINANCIAL IMPACT: TV30 requests that the City provide $31,106 in additional capital funding, which would come from the City’s Public, Education, and Government (PEG) revenues. The City has sufficient funds in its PEG revenues to fund this request. DESCRIPTION: At the September 15, 2016 Tri-Valley Community Television (TV30) Board of Directors meeting, the Board of Directors approved an additional capital budget request for replacement of end-of-life hardware as part of its planned five-year Capital replacement project. In addition, the request also included compliance and e mergency hardware to be integrated in the project; both of which are beyond the amount included within the City’s Fiscal Year 2016-2017 Budget. TV30 has $212,174 available, with a total project cost of $336,600. The current request is for the remaining $124,426, divided amongst the Tri-Valley Cities of Dublin, Livermore, and Pleasanton, with the City of Dublin contribution being $31,106 for additional Fiscal Year 2016 -2017 TV30 capital acquisition. Page 2 of 2 TV30 states the equipment is necessary to ensure all upgraded equipment in this project is compatible. The equipment has over-served its useful life by 50% and now needs to be replaced. In addition to the equipment to be purchased ($276,754), it was determined that the Crispin, a master control automation sys tem for multichannel operation, required a software upgrade to be integrated with the rest of the Capital project. The cost for the Crispin is $19,862. Additionally, it was recommended to add equipment that would allow ADA compliance in the future and up grade emergency response information capabilities. This equipment, along with a contingency of $15,000, would be $39,984. The City of Dublin receives, on a quarterly basis, Public, Education, and Governmental (PEG) fees from the City’s cable service providers. The City of Dublin Fiscal Year 2016- 2017 revenue estimate projects the City will receive $155,000 in revenue from this source. As this funding can only be used only for capital acquisition that supports public cable access facilities, it would be appropriate for the City Council to allocate PEG funds for this equipment purchase request. NOTICING REQUIREMENTS/PUBLIC OUTREACH: None. ATTACHMENTS: 1. Budget Change Form TV 30 Budget Change Reference #: From Un-Appropriated Reserves X Budget Transfer Between Funds From Designated Reserves Other Account Amount Account Amount 2811.7101.64001 $31,106 10/4/2016 Posted By:Date: CITY OF DUBLIN Additional appropriation for TV30 Capital replacement project equipment and software upgrades REASON FOR BUDGET CHANGE FISCAL YEAR 2016-17 BUDGET CHANGE FORM DECREASE BUDGET AMOUNT INCREASE BUDGET AMOUNT Cable TV Facilities Fund - Community TV - Contract ServicesFund - Program - Account Description City Council's Approval Required As Presented at the City Council Meeting **********Finance Use Only********** C:\Users\carolines\appdata\local\temp\minutetraq\dublinca@dublinca.iqm2.com\work\attachments\1491.xlsx 1491.xlsx