Submitted by Anonymous (not verified) on Thu, 09/29/2011 - 10:24am.
"MTN funding from Minneapolis comes in part from the Public, Education and Government (PEG) fees paid to the city by Comcast cable. Last year, MTN received $702,000 from the city, though the city received over $2 million from Comcast in PEG fees and franchise fees, according to Colby. Comcast has about 74,000 subscribers, according to Colby, a number that has remained more or less constant throughout the recession. The mayor proposes to cut MTN's budget by $250,000 in 2012." Pretty crappy that city is using comcast fees to balance it's general budget, instead of it's intended purpose. That's the same sort of thing Rybak would say about the state, ie "They are taking our income/sales tax revenue and cutting LGA." I guess it works the same in state and local governments, try to get revenue and offload obligations.
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MTN Funding
"MTN funding from Minneapolis comes in part from the Public, Education and Government (PEG) fees paid to the city by Comcast cable. Last year, MTN received $702,000 from the city, though the city received over $2 million from Comcast in PEG fees and franchise fees, according to Colby. Comcast has about 74,000 subscribers, according to Colby, a number that has remained more or less constant throughout the recession. The mayor proposes to cut MTN's budget by $250,000 in 2012." Pretty crappy that city is using comcast fees to balance it's general budget, instead of it's intended purpose. That's the same sort of thing Rybak would say about the state, ie "They are taking our income/sales tax revenue and cutting LGA." I guess it works the same in state and local governments, try to get revenue and offload obligations.