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HomeMy WebLinkAbout2005-09-08 AFN Options Committee Agenda PacketOF S� H L A NI:�Wr� AFN Options Committee Meeting Agenda September 8, 2005, 7:30am Siskiyou room, CDES Building, 51 Winburn Way I. CALL TO ORDER II. ROLL CALL III. REVIEW COMMITTEE MINUTES Approval of minutes dated August 15, 2005 IV. REVIEW DOCUMENTS REQUESTED A. Internal AFN Development Opportunities (Wanderscheid Memo) B. Navigant Report, Marketing Development Opportunities Results Update (Wanderscheid Memo) C. AFN ISP Analysis Memo and Spreadsheet D. Cost Benefit of VOIP on AFN's Network Memo and Spreadsheet E. Cost Benefit of Settop Replacement on AFN's Network Memo and Spreadsheet F. Video on Demand Memo G. Competitive Analysis Cable TV Memo H. Broadband Internet Comparison Memo I. CATV Channel Lineup Comps Spreadsheet J. AFN Revenue Contracts Spreadsheet K. Bulk Cable TV Contracts Spreadsheet L. Open Purchase Orders as of August 26, 2005 Spreadsheet V. COMMITTEE DISCUSSION A. Cash Flow/ Business Plan Review B. Council Communication, AFN Quarterly Report C. Council Communication, Resolutions Authorizing a Cable Television Rate Increase in the Telecommunications Fund and Surcharge on Electric Accounts In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the City Administrator's office at (541) 488-6002 (TTY phone number 1-800-735-2900). Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to the meeting (28 CFR 35.102-35.104 ADA Title I). VI. NEXT MEETING(S) VII. PUBLIC INPUT VIII. ADJOURNMENT In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the City Administrator's office at (541) 488-6002 (TTY phone number 1-800-735-2900). Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to the meeting (28 CFR 35.102-35.104 ADA Title I). AFN OPTIONS COMMITTEE MEETING AUGUST 15, 2005- PAGE 1 OF4 OF H L A N:�W,� AFN Options Committee Meeting Draft Minutes August 15, 2005, 7:30am Siskiyou Room, CDES Building, 51 Winburn Way CALL TO ORDER Lee Tuneberg, Administrative Services and Finance Director called the AFN Options Committee meeting to order at 7:35 am on August 15, 2005 in the Siskiyou Room of the CDES Building, 51 Winburn Way Ashland, Oregon. ROLL CALL & INTRODUCTIONS Committee members Barth, Collins, Donovan, Mace, Mackin, and Shultz were present. Councilor Russ Silbiger was present. STAFF PRESENT: MIKE FRANELL, CITY ATTORNEY MICHAEL AINSWORTH, CABLE TV MANAGER RICHARD HOLBO, TELECOMMUNICATIONS ENGINEER C I N DY HANKS, PROJECT MANAGER BRYN MORRISON, ADMINISTRATIVE ASSISTANT ELECTION OF A CHAIR, VICE -CHAIR Paul Mace volunteered to be chair, Kevin Shultz second. Paul Collins nominated Michael Donovan/Rick Barth second. Committee voted for Donovan for chair: Barth, Collins, Donovan, Mace, and Mackin all Ayes. Motion passed. Mace will be vice chair. The Committee discussed the duties of the chair and vice chair and determined that the Committee will set the agendas with support from staff. REVIEW COMMITTEE MINUTES Approval of minutes from August 2, 2005 meeting. Mr. Donovan/Mr. Mackin m/s to approve minutes as presented. All Ayes. PUBLIC INPUT Ed Kennedy- Mr. Kennedy stated that a marketing plan is needed. His concern is that there needs to be a strategic marketing plan and there is no leadership. He felt AFN will continue to lose money and the consumer doesn't understand the product. He would like to see it work and the City keep AFN. AFN OPTIONS COMMITTEE MEETING AUGUST 15, 2005- PAGE 2 OF4 Thomas Gaffey, 680 Oak St- He stated that the City doesn't have a generally accepted accounting principal operating statement for AFN and using the figures that the City has is dangerous. He stated the operating statement needs to be analyzed and the City needs to look at sales rather than marketing. Art Bullock, 791 Glendower- He stated he is grateful to the Committee and they have difficult and important work. He is hopeful that they will produce realistic projections and sound financial models. He hopes they will produce what it is really going to cost, and who will benefit. He stated it is the Committees job to identify alternate financial options for AFN. Written testimony was submitted into public record. LEGAL TRAINING & DISCUSSION Mike Franell, City Attorney spoke to the public meetings and records laws. He stated that any time there is a quorum, it is subject to public meeting laws and there must be a notice provided to the news paper and minutes must be taken and produced in writing. He added that any notes taken are also public record. The Committee asked if would be appropriate for a smaller group to get together to discuss these issues. Mr. Franell responded that it is appropriate if not doing so as an official subcommittee. He also explained that it would be limited to hold an executive session and there is no provision for one. The Committee questioned if they would be able to discuss the possible sale of AFN. Mr. Franell responded that they could. The Committee questioned if there are restrictions for management personnel talking to third parties and proposing deals. Mr. Franell responded that they cannot make any binding commitments unless Council had authorized the manager to do so. The Committee questioned the fairness requirement for AFN and if a manager wanted to offer a new service. Mr. Franell responded it would be subject to public bidding requirements and AFN must go out for a request for proposal (RFP). The Committee asked if there were restrictions on things that could be in the public bidding process. Mr. Franell responded that there is not and there are no restrictions on the sale of public services. The City only cannot sell for less than the fair market price. The Committee asked then how free months of service is given. Mr. Franell responded that it is legal if they show it as common practice in the industry. The Committee discussed one option to place AFN under another administrative body. Mr. Franell explained the relationship between the City and the Mt. Ashland Ski area and the Ashland Community Hospital. Mt. Ashland is a private not for profit, and are not required to abide by public records laws. If the City structured AFN this way they would be required to have a public process. He added that there would be more stringent rules for a for profit agency. The Committee questioned if the City would be liable for the hospital new construction debt. The City would be first then the insurance would provide second. AFN OPTIONS COMMITTEE MEETING AUGUST 15, 2005- PAGE 3 OF4 The Committee questioned if the City supported the hospital with direct fund transfers. Mr. Tuneberg explained that there is no trading of dollars and the City would be able to issue bonds to the hospital if needed. The Committee questioned if the same would be true for Mt. Ashland. Mr. Franell explained that there is a statute that allows the financing for the hospital but there is not one for the ski area. The Committee questioned if AFN was put into the same arrangement as the hospital, if it would be possible to transfer monies and what the reporting requirements would be. Mr. Franell responded that they could transfer funds and there would be a reporting requirement however the City does not monitor how funds are expended. Mr. Franell clarified that the City does not own all the assets of the hospital only the land and buildings. The City owns the land and most of the fixtures at Mt. Ashland. If the ski area adds additional fixtures, they would become property of the City. The Committee asked if the City could sell the ski area. Mr. Franell responded that they could not, but could sell the assets. The Committee discussed that the debt could be included if AFN was placed under another administrative body and spoke to the benefits of site visits. REVIEW DOCUMENTS The Committee asked about the progress of hiring an Information Technology Director and if the person would be hired before the Committee had made its recommendation. Mr. Tuneberg responded that the City is currently reviewing applications and no interviews had been set. The candidate will most likely be hired after the Committee had finished its work. The Committee discussed the items presented in the packet. They spoke to the Navigant study and questioned if AFN had implemented any of the suggestions made and how much the study cost. Mr. Tuneberg responded that the study cost $90,000. Michael Ainsworth, Cable TV Manager responded that all of the suggestions were implemented however some were not realistic for Ashland. He added that they would have liked to have had a full time sales person to go door to door and the study found nothing that AFN was doing grossly wrong, just items that needed adjustment. The Committee questioned if cable rates had been increased and when. Mr. Tuneberg responded once in June 2004, 8% and once in February 2005, 6.6% and they are now looking at another increase. Councilor Russ Silbiger added that it was recommended that internet be raised 25-30%. The Committee discussed that they would like a report from staff with the results of the recommendations from Navigant that were implemented by the City. The Committee discussed the overall market as well and would like staff to present a competitive market analysis. The Committee discussed the possibility of AFN becoming a retail Internet Service Provider (ISP). Richard Holbo, Telecommunications Engineer responded that the City would be able to provide the service with additional staff. Staff will present to the Committee the revenues and expenses associated with becoming a retail ISP. The AFN OPTIONS COMMITTEE MEETING AUGUST 15, 2005- PAGE 4 OF4 Committee questioned why the City had not before. Mr. Tuneberg responded that the City originally entered into a partnership with the ISP's for the customers benefit and top management made that determination. The Committee discussed the possibility of implementing Voice over Internet Protocol (VoIP). Mr. Holbo stated that it would require a partnership for the City with another entity and they have tentatively explored the possibility with a couple of firms. He added that if the City wanted to move in that direction, they should have entered into it a few years ago and feels that it would be difficult to justify the expense now. Mr. Ainsworth agreed. The Committee would like staff to provide an operating statement showing the possibility. The Committee discussed that they should review how the market has changed since the Navigant study and would like staff to prepare the following: 1. Cost analysis of becoming a retail ISP 2. Cost analysis of VOI P 3. Possibility of a conversion to dct5000 plus or similar product and the cost over a three year period 4. Possibility of Video On Demand 5. Results of the recommendations from Navigant that were implemented by the City 6. Competitive rate analysis 7. Summary list of contracts for AFN The Committee discussed the benefit of having Dick Wanderscheid and Gino Grimaldi attend the meetings and asked that they be invited to the next meeting. The Committee discussed the Programming Committees responsibility. Mr. Silbiger responded that they make recommendations at the tier level. NEXT MEETING(S) The next meeting will be September 8, 2005 at 7:30 am in the Siskiyou Room of the CDES Building. ADJOURNMENT The meeting was adjourned at 9:23 am Respectively Submitted, Bryn Morrison Administrative Assistant Administrative Services Department Internal AFN Development Opportunities 1) Develop a set of customer service guarantees backed by payment to customers if AFN fails to meet the standard. AFN has promoted this guarantee through print ads without a backing it by a payment to customers. 2) Continue to pursue sales (door to door) programs fro residential customers. We continue to utilize 3 direct sales personnel for this task. Any new customer that leaves UB without signing up for AFN is targeted for a follow up within a few days by one of these people. Also, they are directed toward new developments as soon as occupancy certificates are issued and AFN services are available to these new residences. 3) Develop accurate up to date target lists, based on accurate up to date information on current and non -subscribers for both CATV and Cable Modem. With the addition of a full time Network Administrator, we have made great strides in this area and have much better information. 4) Programming Committee should work with AFN staff to incorporate "business case" methodology into its channel lineup decisions. This was discussed with the Programming Committee on January 27, 2005. 5) Provide additional training to customer contact staff (customer service representative and field installers) in basic sales skills. This training is ongoing with the latest version being provided by an outside vendor in Late January, 2005. 6) Advertise the total prize that the customer pays avoiding any other fees or added charges that others might hide or touch on. This has been emphasized a number of times in print ads over a few months. 7) Create more public ambassadors who will unflinchingly advocate AFN as the right choice for its citizens and who are constantly asking individuals they know to join AFN. Elected officials have done this to a limited extent in the last few months but other than that no efforts have been devoted to this. 8) Continue AFN's emphasis on print media as acost-effective advertising tool with low CPM rates that CATV customers also say is highly effective. We continue to advertise AFN in the Ashland Daily Tidings, the Medford Mail Tribune and the Sneak Preview. Total print advertising equals about $45,000 per year. 9) Promote end of month advertising through customer acquisition promotions and specifically the "invite a friend" detailed in the Market Development document. This was addressed as a part of the Market Development Opportunity discussion. 10) Spend an increasing part of advertising on call to action promotions. The bundled rate offered in Sept -November was a call to action promotion. Also, the direct mail invite a friend will be a call to action. The free movie coupons to enable pay per view also falls in this category. We hope to continue this kind of promotion in the future. We must be careful to time these promotions so they don't conflict or dilute each other. Business Plan Development 11) Updating the business plan should be pro -active, on a scheduled basis, that may also be tied to the budget review. The new AFN spread sheet developed by the Finance Director is a great tool that accomplishes this task. When it has been fully developed and the numbers are finalized, it will be a great management tool to guide AFN operation and decisions. 12) Replace one of the DS3's that AFN uses with a fractional DS3 or it s equivalent form a CLEC. Move a router to Medford to facilitate redundancy and back up. One of our DS3 contracts expired in December 2004 and we are currently exploring various options to replace that service. Initial discussion indicate magnificent savings can be made by replacing this service and appear to be in the $6,000-$9,000/ month area. 13) Add an additional .SFTE technical support to fill a variety of technical disciplines. Last year's budget process resulted in an additional 1.5 FTE added to AFN Staffing. 14) Require developers to install AFN conduit during construction so that AFN system passes new homes and businesses and not just existing one. The initiative has been accomplished and developers are now installing AFN supplied conduit in new developments. Navigant Report Market Development Opportunities Results Update The following items were recommended for implementation by Navigant. We have detailed the action and attempted to estimate the actual results as compared to the Navigant estimate. 1) 2) Raise CATV and Cable Modem Rates These rates were increased in June 2004 and again in February 2005. Navigant Projection Actual $165,000/year (Initial) $330,000/year $130,000/year (2nd Increase) $208,000/year CATV Prouammini! and Tier Alignment a) Offer 10% discount for one, when movie channel package is ordered. Navi orqnt Proi ection A rt» a l e 158 b) Collapse Tier to get 90% penetration This was implemented in January, 2005 Navi _ ant Projection $92,194 To be implemented Feb/March 05 Actual $80,000/year Note: Navigant did not recommend pursing this option but staff initiated this in another manner during the last tier re -adjustment and rate increase. 3) Customer Acquisition Promotions Offer 1 month of CATV free if customer signs up for 12 month of CATV service and also give a free month of service to customers who sign up a friend. Navigant Projection Actual s 180 Invite a Friend will be offered via direct $60,178 (Revenue) mail in Feb 05, 12 month initiatives will be $45,767 (Costs) offered after the Invite a Friend promotion. $14, 416 4) Migrate Expanded Basic customers to Digital Plus Service. This was pursued through television advertising on AFN. Navigant Projection Actual 91 New Tier 4 customers 24 (June —Dec 31) New Tier 4 customers $10,549 (Revenue only) $31490 5) Enable PPV Purchases Facilitate customer's ability to make impulse Pay -per -view services, without having to call AFN. This was implemented by mailing out coupons for free movies to all customers with a set top box. About 2700 coupons were mailed out in June 2004 and 27 customers responded. Since then, we have continued to give out coupons with each new install. About 10-15 additional coupons have been redeemed. Our Pay -Per -View offerings have also been promoted via AFN ad insertions. This process has been negatively impacted by the limited pay per view offerings that our vendor was offering. This will be remedied in February, when we switch to "In Demand", a different pay -per -view vendor with much better product offerings and a Preview channel to generate more viewer interest. In conjunction with this change, we hope to do renewed marketing and try to enable more viewers and get more movie purchases. Navigant Projection Aot»al Page 1 of 3 170 New Pay per view users 37 pay per views (coupon redeemed) $11,796 (Revenue) $ 5,360 (cost) $ 61436 6) Customer Upgrade Promotions Offer AFN's Expanded Basic subscribers with set top boxes upgraded service at no extra charge for one month. Navi ant Projection Actual 91 to Digital Plus Currently being offered by installers during the $10,549 (Revenue) initial install of AFN CATV. 7) Bundle CATV and ISP for a Discount Offer a one-time promotion for a limited period of time for new residential customers who subscribe to both AFN CATV and cable modem service. The City offered this program in Fall 2004 for the return of the SOU students. We gave a free month of cable TV to new customers who purchased both services from AFN. Navi ant Projection Actual 164 New CATV subs 3209-3099 = 110 (Aug 1 —Dec 31) 218 New CM Subs 3 718-3470 = 248 (Aug 1-Dec 31) $107,017 (Revenue) These are total new subs for each service. $ 74,220 (Cost) A total of 77 new customers took advantage $ 32,797 of this bundled offer. 8) Intermediate Cable Modem Offering Offer a Cable Modem offering with price and value in between the current residential and business offerings, which gives the customer the option of either a permanent IP address or upload speed to 1MB. Navi ant Projection Actual 118 buyers of service 7 buyers of service $45,000 (Revenue) $10,000 (Costs) WOO 9) Enhances Standards for Retail ISP's AFN establishes specific standards which retail ISP's must meet. It also establishes a higher `Gold' Standard for voluntary achievement. These new contracts were offered to AFN ISP's in May 2004 and were signed and made effective in July 2004. Ashland Home Network has applied for and received Gold Standard distinction. Infostructure has recently applied. Navi ant Projection Actual 94 (31718-3,435) = 283 July 1 to Dec 31 $6,000 Net Revenue How many are attributable to this is unknown 10) VOIP to Public and Institutional Customers Pursue "Reseller" option described below as a low priority, targeting largest institutional and governmental accounts first. Navi ant Projection Actual $17,000 Net Revenue We have not been able to work on the initiative 11) High Speed Data Connections for Multi -Point Businesses in Ashland AFN partners with another party to connect Ashland businesses with their sister offices throughout the Rogue Valley through a high speed fiber Network. Navi ant Projection Page 2 of 3 In reviewing the Navigant Report, it appears that there was an assumption of 9 new High Speed customers and 8 direct customers along with additional transport fees. They projected: 9 New AFN High Speed Customers g $615/month $ 66,420 8 New Point to Point Customers g390/month $ 37,440 Transport Revenue $ 17,280 $1211140 Actual We currently have 16 point to point customers in conjunction with Hunter Communications. They are billed by Hunter and we in turn bill Hunter a fee. Current monthly revenue from this source is about $3,000.00. 12) Rebroadcast CATV Pro$!rammin$! to Municipal overlay systems outside Ashland AFN provides the head end programming for other communities who have either private or city funded overlay cable system. AFN provides wholesale single only, and is not involved in any network build out, installation or customer contact in other communities. Navigant Pro'ect City A=$115,000 Net Revenue City B =$ 20,000 Net Revenue Actual No opportunities to implement this have appeared. Page 3 of 3 To: AFN Options Committee From: Richard Holbo Operations Superintendent Subject: Cost Benefit Analysis requests Attached lease find the cost benefit analysis's that were requested in the Aug. l 5th p y meeting. Please understand that these are not "complete' analysis, but rather a broad overview of the major expenses/revenue sources to see if further review is deemed necessary. .Also I AM NOT AN ACCOUNTANT, so these represent a hopefully common sense view of the business opportunities. Please forgive the misuse of terms such as revenue and capital if the do not meet with AICPA definitions of those terms. In response to the Cost/Benefit of Video on Demand, we have not seen any service provide us with an estimate that breaks even, let alone turn a profit. The only possible benefit of current VOD technology deployment would be customer maintenance. As usual if you have questions feel free to email me or give me a call: Richard Holbo holborLd,'ash.lc,-ind1--iber.net 541.552.2308 AFN ISP Analysis $/25/OS This analysis attempts to quantify the revenue that could be generated from AFN being an ISP along with its current ISP partners. I did not run numbers on AFN being the only ISP as I believe that that (while being financially a good thing) would go against the public interest. I would also like to point out to our ISP partners that this does not represent the fully loaded costs of us being an ISP as most of the fixed expenses and personnel costs for this endeavor are already covered elsewhere in tasks we are already doing (mail servers, web servers, support trips). I.E. this would not work if we needed to start from scratch, but we're already 95% of the way there. The numbers used assume a starting customer count of 20 and an ending count of 355 after 36 months. Assume a conservative price of $35 which is slightly lower than our current ISP, s average, and a capital investment of $5000 per year. There would need to be some allocation for fielding customer support calls, which I have budgeted at $4 per customer per month, and I use a number of $8 per month for other overhead. I have also added in a conservative Value Added line which would be supporting customers with problems that were not related directly to their ISP service (virus removal, etc. etc.) This is factored at 5% of customers per month at a $35 per call charge. Using these numbers, the Revenue after expenses is, Year 1: $33,610.00 Year 2: $75,808.75 Year3: $92,267.50. Quick and Dirty AFN ISP Anal sis Month Customers Gross Inc Expenses Value Add Capital 1 20 $700.00 $240.00 $35.00 2 40 $1,400.00 3 60 $2,100.00 $720.00 $105.00 4 80 $2,800.00 $960.00 $140.00 5 100 $31500. 00 $1, 200.00 $175.00 - 6- - 120-- --$4,200.00 - $1,440.00 $210.00 $5,000.00 i 7 140 $4, 900.00 $1, 680.00 $245.00 8 160 $5,600.00 $1,920.00 $280.00 9 180 - $6,300.00 $2160.00 Personei $4.00 PerCust Overhead $8.00 PerCust ---- Price 4Value $35.00 Month Add $35.00 PerCall %Value Add 5.00% 10 - 200 $7,000.00 $2,400.00�. $350.00 Revenue after Expenses 11 220 $7,700.00 $2,640.00 $385.00 - 12 240 $8,400.00 $2,880.00 $420.00 $33,610.00 13 240 $8,400.00 $2,880.00 $420.00 14 -- -- -- - 250 - -- - _ $81750.00 $3, 000.00 $437.50 - 15 255 $8,925.00 $3,060.00 $446.25 --- 16 260 $9,100.00 $3,120. 00 $455.00 f f 17 265 $9,275.00 $3,180.00 $463.75 18 - - - 270 $9,450.00 $3,240.00 $472.50 19 275 $91625.00 $3,300.00 $481.25 $5,000.00 20 280 $9,800.00 $3 360.00 $490.00 21 285 $9,975.00 $31420.00 $498.75 22 290 $10,150.00 $3,480-00 $507.50 - -- --- - 23 - 295 $10, 325.00 $3,540.00 $516.25 � 24 300 $10,500.00 $3,600.00 $525.00 $75,808.75 1 25 300 $10, 500.00 $3,600.00 $525.00 26 305 $10,675.00 $3,660.00 $533.75 F -- 27 - - _. -------------- 310 - ---- -- $10,850.00 -- -- $3,720.00 -- $542.50 -- __ --- -- -�-- ____- -- 28 - 315 $11 025.00� $3 780.00 �----_. � $551.25 -- 29 320 $11,200.00 �-- $3 840 00 � 4 - - 30 -- - - 325 $11, 375.00 _ -- $3, 900.00 - _-� $568.75 --- $5, 000.00 ----�-- ---- ----- 31 330 $ 11 550.00 � __---$3 960.00 +---- $577.50�--_ _-------_-- _-�- 32 335 $11,725.00 $4,020-_00_ �-----$586.25 33 340 ; $11, 900.00 $4, 080. 00 $595. 00 34 345 $12,075.00 $603.75 � 35 350 $12,250.00 -$4,140.00 $4,200.00 $612.50 36 355 - 425.00 -- $12, ___.$4,260.00 � $621.25 -- $92,267.50 - --- Cost Benefit of VOIP on AFN's Network 8/25/05 Disclaimer: these are all guesses based upon assumptions, numbers can change significantly if those assumptions are changed a little bit. Scenarios: l . AFN resells DSO local loop service to a CLEC and does some type of revenue sharing. 2. AFN provides complete end to end services for telephone connectivity. 3. AFN cooperatively markets with one of the "established" VOIP providers. Assumptions: Market Penetration numbers: All scenarios use the following penetration schemes. Year 1 : 0-425 customers Year 2 : 425 -- 750 customers Year 3 : 750 — 1050 customers Scenario 1 According to the most recent information I have: Qwest authorized resellers can provision DSO lines for a minimum of $20 per month. CLECs can rent a copper pair from the CO to CP for a minimum of $14 per month. So from a strictly monetary sense if we resell something akin to a DSO local loop the cost must be significantly less than $14. Probably a best case maximum of $10-11 per month. Given that standard phone service is running $24 a month per line. Inexpensive VOIP services are running $14 a month the margin for the CLEC will be anywhere from $4-14 month gross. If we figure %50 margin on their side, they are making between $2-7 a month per customer, so we'll use $5. Given the above penetration numbers (spreadsheet attached, probably optimistic), the CLEC will make revenues of: Year 1 $9,775.00, Year 2 $36,625.00 and Year 3 $54,750.00. Assuming a $50 CPE device this will translate into Year 1 01.75, Year 2 $8,900. Year 3 48,650. Assumptions: Revenue per cust= $10.00 CPE Cost = $0.00 FTE= $120, 000.00 Num FTE= 0.25 Upfront Capital= $30,000.00 Given those same numbers, to minimally support this level of service AFN will incur fixed costs of between $20,000430,000 depending on how creative we can be in technology implementation (router interfaces, QOS upgrades). The ongoing costs will be incremental, but assume .25 FTE for additional support calls between CSR and Tech Support ($30,000 per year), and figure a 30% of initial per year technology investment. The revenue per year will be: Year 1 (40,450 ), Year 2 ( 6,200 ), Year 3 $64,300. Now the struggle becomes, how do we make ourselves an attractive a partner. If we cannot guarantee some level of secure revenue, at a best case maximum of perhaps $60.000 a year in year 4 and we allow dilution of that revenue stream by multiple providers, how do you convince anyone to partner with you? Scenario 2 We could probably charge $20 per line if we had the right combination of services. In. order to provide end to end telephone connectivity we would need to invest in a telephone switch to provide the interface between the POTS (Plain old Telephone System) and the VOIP system. The cost of this switch has come down significantly, and to support 5000-10000 lines/numbers we could probably do so with $70,000 to $80,000. Additionally we would need to do the aforementioned upgrades to the network for router interfaces and QOS so another $30,000. Tech refresh is plugged in at 10% of initial. CPE devices would run $30 - $75, so figure $50. Personnel Costs would probably be 1.25 persons, 1 person to run the switch and manage telephony issues, and the .25 to do CSR and Tech support. Assumptions: Revenue per cust= $20.00 CPE Cost = $50.00 FTE= $1201000.00 Num FTE= 1.25 I Upfront Capital= $100,000.00 1 This results in a Year 1 of (. 232,,15 '), a Year 2 of ( 261.900) and a Year 3 of ( 217.1)00). Scenario 3 In this scenario, we would partner with an existing nationwide provider such as Vonage. I would assume that we would work out an arrangement where we would retail their equipment, take a cut of that, and get a percentage of revenue for each customer, probably not more than $1 or $2 per month. We would not need to invest in upgrades to our system for this service as it is designed to run across the existing broadband networks, and the customer expectation is that there may be "some" issues with the services. tinder these circumstances any revenue generated is profit. For AF-N Options committee: Richard Holbo, Operations Superintendent Quick and Dirty Spreadsheet for costing VOIP on AFN (Scenario 1) Month Customers Revenue CPE invest Capital Personel $0.-00--- 1 2 $20.00 $30,000-00' 2 ----------- -- 4 $40.00 3 8 $80-00 4 16 $160.00 5 32 $320.00 6 64 $640.00 — --------- 7 128 $1,280.00 8 256 $2,560-00 9 300 $3,000-00 - _- .. ..... ... 10 320 $3,200.00 11 400 $4.000.00 ---- -------12 425 $4,250.00 $0.00 $30,000.00 13 450 $4,500.00 $9,000.00 14 500 $5,000,00 15 525 $5,250.00 16 550 $5,500.00 17 575 $5,750.00 18 600 $6,000.00 19 625 $6,250,00 20 650 $6,500,00 21 675--- $6,750. 00 22 700 - $7,000.00 23 725 $7,250.00 24 750 $7,500.00 $0.00 $30,000.00 25 775 $7,750.00 $9,000.00 26 8 00 $8,000.00 27 825 $8,250.00 28 850 $8,500.00 29 875 $8,750.00 - - - -------- 30 900 $9,000.00 __ 31 925 $9,250-00 32 950 $9,500-00 33 975 $9,750.00 1000 $10, 0 0 0. 0 0 -34- 35 1025 - $10,250.00 36 1050 $10,500.00 $0.00 $30,000.00 Revenue per Gust 00 CPE Cost = �I $0.00 FTE= $120,000-00 Num FTE- 0.25 Upfront Capital= $30,000-00 Revenue = Gross revenue/Expenses ($40,450) ($6,200) $64,300 Quick and Dirty Spreadsheet for_costing VOIP on AFN (Scenario 2) Month Customers Revenue CPE invest Capital Personel 0 0 $0.00 1 2 $40, 00 $100, 000. 00 2 4 $80.00 Revenue per cust= $20.00 3 - - ---8 $160.00 � -----------�--_ - - . _ CPE Cost = $50.00 ..._....__... 4 _ 16 - $320.00 FTE= $120,000.00 5 32 $640.00 Num FTE= 1.25 6 64 $1,280.00 Upfront Capital= $100,000.00 7 128 $2,560.00 Revenue = Gross revenue/Expenses 8 256 $5,120.00 9 300 $6, 000.00 11 400 $81000.00 { _ ---_ - - 12 - 425 $8, 500.00 $21, 250.00 $150, 000.00 ($232,150) 13 450 $9, 000.00 $10, 000.00 14 500 $10, 000.00 - -' _ 15 525 $10, 500.00 - -- 16 �----- 550 � $11, 000.00 17 575 $11, 500.00-- 18 600 $12,000.00 19 625 $12, 500.00 - -- - 20 650 $13, 000.00 21 675 r 500.00 ' $13 ,-- 22 700 - - ----- ------ -- $14, 000.00 23 725 $14, 500.00 _ — _ 24 750 $15, 000.00 $16, 250.00 $150, 000.00 ($261, 900) 25 775 $15, 500.00 $10, 000.00 26 800 $16 000.00 27 825 1 28 850 $17,000.00 ------------- -- - - ---29 - 875 $17,500.00 - 30 900 $18,000.00 31 925 $18,500.00 32 950 $19, 000.00 _ a 33 975 - _ -- ---- -- - - �- — --- - ---- $19, 500.00 --- - - -- - — --- -, — - - —34 µ 1000 - - ---- — -- --- --- $20,000.00 35 1025 1 $20, 500.00 36 1050 $21,000.00 $15,000.00 + $150,000.00 _ ($217,900) Cost Benefit of Settop Replacement on AFN's Network 8/25/05 Currently AFN has around 3000 settop boxes in circulation. Newer settops would provide access to expanded services for HDTV and PVR capabilities. We can purchase Motorola DCT 6200 with HDTV for $365 each. We can purchase Motorola DCT 6412 with HDTV and PVR for $542 each. Simplistically replacement of all 3000 boxes with 6200 would cost $1,095,000. Replacement with 6412 will cost $1.626,000. However we will assume a gradual replacement as customer demand grows, to a max of 700 customers in year 3. In order to provide HDTV services we will need to downlink and retransmit HDTV signals from satellite. This will cost approx $5000 per channel for the equipment plus programming costs. This will also need to be done with the blessing of the Programming committee as they will need to suggest and approve the channels. I will use $50,000 for Headend Equip costs. Programming costs are not covered in this analysis, and the assumption is that there will g . be at least a 50% margin in programming, and that charges for HDTV signals will be in a package that runs $15 per month, so $7.50 per month per sub. I would also suggest that the need for a HD only box is slim, and that any customer who has HD would want the PVR also, so we will use the $542 per box number. Spreadsheet giving the particulars is attached, but Assumptions are: Tier Cost= $15.00 Revenue/exp= 50% Box Cost= $542.00 Box Rent= $7.00 This nets in Year 1 ( 5,6 ". 50), in Year 2 ( 106,047. 0) in Year i (I' 10"' .00). All things being equal, in order to break even in year three the tier cost for the service would need to be $47 per customer. Quick and Dirty HDTVIPVR settop Box Analysis Month Customer Gross Revenue Box Rent Capital 0 s $50,000.00 <- Initial Capital for Headend 1 10 $150.00 $75.00 $70.00 $5,420.00 Tier Cost- $15.0 2 20 $300.00 $150.00 $140.00 $5,420.00 Revenue/exp 50 0 3 25 $375.00 $187.50 $175.00 Y $2,710.00 2.00 Box Cost= ! 54 Box Rent= 7.0 4 30 $450.00 $225.00 $210.00 $2,710.00 5 30 $450.00 $225.00 $210.00 $0.00 40 $600.00 $300.00 $280-00 $5,420.00 Revenue after expenses 7 50 $750.00 $375.00 $350.00 $5,420.00 8 55 $825.00 $412,50 $385.00 $2,710.00 -� -9 -- - 60--+ $900.00 $450.00 $420,00 $2,710.00 1-0 µ - _..65- - --- $975.00 - - $487.50 $455.00 $2,710.00 11 70 $1,050.00 $525.00 $490.00 $2,710.00 12 - - 80 $1,200.00 $600.00 $560-00 $5,420.00 (85,602.50) 13 95 $1,425.00 $712.50 $665.00 $8,130.00 _ 14 110 $1 650.00 $825.00 ---- - $770.00 $8,130.00 15 120 $1,800.00 $900.00 $840.00 $5,420.00 16 140 $2,100-00 $1,050.00 $980.00 $10,840.00 17 160 $2,400.00 $1,200.00 $1,120.00 $10,840.00 18 180 $2,700.00 $1,350.00 $1,260.00 $10,840.00 19 200 $3,000.00 , $1,500.00 $1,400.00 $10,840.00 a 20 220 $3,300.00 $1,650.00 $1,540.00 $10,840.00 21 250 $3,750.00 $1,875.00 $1,750.00 $16,260.00 22 280 $4,200.00 $2,100.00 $1,960.00 $16,260.00 23 310 $4,650.00 $2,325.00 $2,170.00 $16 260.00 24 340 $5,100.00 $2,550.00 $2,380.00 $16,260.00 (106,047.50) 25 370 $5,550.00 $2,775.00 $2,590.00 $16,260.00 26 - --- - 400..� $6,000.00 -1 $3,000.00 $2 800.00 $16,260,00 27 430 $6,450.00 $3,225.00 $3,010.00 $16,260.00 28 460 $6,900.00 $3,450.00 $3,220.001 $16,260.00�* 29 490 $7,350.00 $3,675.00 $3,430.00 $16,260.00 30 520 - $7 800.00 $3,900.00 $3,640.00 $16,260.00 31 550 $8,250.00 $4 125.00 $3 850.00--$16,260.00 32 - - 580 ----------- $8,700.00 $4,350.00 $4,060.00 $16,260.00 - 33 - --- ----+ 610 $9150.00 4 �$4, $, ,575.00 270.00 $16,260.00 ------ 34 640 $9,600.00 $4,800.00 $4,480.00 $16, 260.00 35 670 $10,050,00 $5,025.00 $4,690.00 - $16,260.00 - 36 700 $10, 500.00 $5, 250.00 $4, 900.00 $16, 260.00 (102, 030.00) VIDEO ON DEMAND Video On Demand ("VOD") services for residential cable television customers is being promoted by national programmers and cable systems as progressive technology or "something new and exciting". In fact the fundamental technical infrastructure has been in place and evolving in the hotel industry for over a decade. In the most simplistic technical sense, providing VOD services to 3,000 homes in Ashland is no different than providing VOD services to guest rooms in the Bellagio Hotel in Las Vegas. (One's a horizontal application and the hotel example is a vertical one.) AFN staff has past experience with VOD apps at Time Warner with servers in several Waikiki hotels back in the early 90's. AFN staff had conversations with a handful of VOD providers approximately nine months ago and information provided below is a result of these interactions and past experience. Consumer benefits Using their Remote Control, Cable TV customers have the ability to select from hundreds of titles covering all genres of interest, and then order and view the movie of their choice, instantly, or "on demand." Industry surveys have shown that VOD returns are three to four times more buy rates than traditional Pay Per View. (Presently AFN is breaking even on PPV). Well know secret, consumers like PPV and VOD because they can record the movie (instead of purchasing the $18 DVD at Walmart or Costco). PPV Business Model For small cable operators, the business model is tilted in favor of the suppliers (MSO's also own content and distribution and essentially pay their corporate siblings.) Content drives consumer "buys" and is controlled by film studios (copyright holders) Monthly library consists of 3 0% fresh titles, 3 0% older titles, 3 0% adult, and 10% other (HBO, etc.) Fresh titles defined as 45 days after last theater showing. "Partners" consist of delivery vendor, content vendor, and billing vendor who are first in line for "revenue sharing." Cable system gets paid last. Studios are paid movie right fees per movie (per title) Nine out of the ten major studios are currently on VOD (exception is Disney) Initial one time outlay in excess of $100,000 and nine months ago AFN staff estimated $150,000 to get into the VOD business with TVN. Equipment required include Video Servers (MPEG2 Video "pumpers") Video Storage (to hold the monthly movie inventory) TVN's delivery works with AFN's current DCT 2500 Set Tops Software and tasks required include Business Management Content Ingestion (Bring movies down from satellite to video pumpers) Content Management Subscriber Management (disables non paying customers) Bandwidth Management (typically 400 available streams for a system our size) Each video stream has a one time cost of approximately $90 (sox 400 = $36,000) Client support (System technical support) Billing Interface (Method to bill customers) Guide service Future of VOD At current resolution MPEG2, High Definition VOD will require additional expense for 3 times larger file size 3 times more stream capacity 3 times more storage Requirements of the cable system In my opinion, within 5 years studios such as Disney will stream first run movies directly to consumer's PDA's and home devices bypassing cable systems and movie theaters altogether. Bend and Tacoma Click are in the VOD business and staff can certainly learn more from on site visits and further discussions with vendors. Staff has been directed for the past couple of years not to spend money (understandably due to the debt load) and VOD information I recently gathered was primarily out of professional curiosity to stay in step with the rest of the industry. TIVO From the individual TV viewer perspective, the deployment of PVR (Personal Video Recorder) or "TIVO" essentially gives the residential user some form of personal VOD application (albeit without the fresher movie title content library). Michael Ainsworth Competitive Analysis Cable TV The formation of AFN created technically robust networks and an ultra competitive telecom environment in Ashland. Consumers continue to enjoy benefits including competitive rates and value added product offerings unique to Ashland. AFN's Cable TV goals are to offer the best product value and local customer service excellence in our community. Factors affecting consumers' buying decisions include: Product Price People (Customer Service) AFN's Cable TV product line is created solely by an appointed Citizen's Programming Selection Committee. This dedicated group selects programming for AFN that meets the interests of our community. There is no "one size fits all" product in the cable TV industry and in the last decade MSO's around the country have "super sized" product offerings (`more channels') to compete against DBS's offerings. Via some cable systems and DBS's marketing efforts, consumers are trained that "more channels" are a good thing, although national studies indicate that in a 100 channel environment, consumers primarily watch only 9 channels. The "one size fits all" tactic goes out the door as there are no universal 9 channels that everyone watches. (Or will admit to watching!) Hence the super sizing tactic in an attempt to be "everything to everybody." Prior to launch, AFN's marketing efforts promoted "More channels. Less money". Rule #1 in marketing is that you advertise to your competitor's first. I.e. Your competition is paying very close attention to your advertising. Hence AFN's competitor responded with the "More channels. Less money" campaign and vastly supersized their lineup and created a special, Ashland -only package and rate to freeze their customer base. Nothing radically new there, as this inertia brake is a fundamental tactic to retain customers. Charter actually had more people selling their services in Ashland, than AFN had employees and Charter walked out ahead of AFN's well -publicized build out schedule and froze their customers with a 118 channel package (including ll channels of Starz/Encore) for $30.51. Customers are still paying this rate five plus years later. (I have a copy of a July 2005 Charter bill to support this claim.) There are no apples to apples comparisons between AFN's, Charter's, and DBS's product offerings. (A separate Excel document was created to help display these offerings in spreadsheet form.) Advertised, "special promotional offerings" change weekly. In fact MSO's have billing system IS "buckets" of various rate codes for CSR's (customer service reps) to deploy at their discretion. Much like the jewelry, automotive, and furniture retail industry, the private sector uses dozen's of transactional offers to "close the deal." The cable business is a subscription based service with dozen's of transactional offers much like Time Magazine uses to entice readers (read those insert subscription cards, no one pays cover price.) As an entity of the City, AFN's rate structure was created so that all customers pay the same, consistent rate. Although I created this written comparison spreadsheet in response to a request by one member of the Options Committee, as AFN staff, it goes against my core values to document and distribute any of our competitor's offerings and pricing. (Just as the Tiding's doesn't do an article that compares the number of daily column inches ("value") their reader receives for the 50 cent cover price versus the Oregonian's at an identical price.) As AFN staff responsible also for marketing, we do not promote "the number of channels for this rate." tactic. It's meaningless. Instead we promote Ashland exclusive channels which the Citizen's Programming Committee took great care in selecting for our community such as Wisdom, NASA, Classic Arts Showcase, Free Speech TV, and others. We promote AFN's unique four tier levels of service and then assist our customers in selecting the product that fits their needs and budget. Ultimately the educated customer makes their own decision. Please refer to Excel "CATV Comp" for our competitor's rates and offerings for public consumption. (ouch!!) Final thought on the comparison: Not everything that counts can be counted: AFN's staff and their families live, work, shop, dine, play, and go to school in our community. Local Service. Local Support. Local Commitment. Ashland Fiber Network. Michael Ainsworth "Broadband" Internet Comparison Mike Ainsworth 9/2/2005 Preface: This comparison attempts to compare "apples to apples" services; however that is not necessarily how customers will pick their broadband internet service. In our experience customers generally fall into three categories: Price point: This customer will pick a service based upon price alone. The thought process is, "Anything that's faster than dialup is great, and I don't want to spend any more money that I have to." 50 % Technology: This customer will pick a product based upon the price/performance ratio of the product. 35% Customer service: This customer is mostly concerned about customer service and local support, and will spend slightly more money than they must to get what they perceive to be a value added service. 15% As you can see, the apples to apples comparison will not necessarily win either the price or customer service groups for us. We can easily compete on a technology product comparison, and can do pretty well on the value added customer. However we will always struggle to acquire the price based customer. AFN (Averages)* CHARTER*` QWEST*' DSL AFN ISP" DSL Installation Fee Monthly Fee Modem Purchase Special romotional offer value $30.00 $37.00 $60.00 $35.95 $70-95 $124.71 $49.99 $44.99 $59-99 $40.00 $45.00 $42.95 $89-95 First yearly cost of Service: Following Years: $534.00 $444.00 $377.64 $431.40 $609.86 $539.88 $650.35 $515.40 Download Speed (Advertised Max) Upload Speed Max 5Mbps 256Kbs 3Mbps 256kbs 1.5Mbs 896 Kbps 1.5Mbs 896Kbps ' Since AFN does not set it's retail prices, these are averages of our 2 highest volume ISP's pricing. CATV Channel Lineup Comps Number Advertised Add'1 Total Ashland of Monthly Monthly Monthly Rate channels ...................................................................................................................................................................................................................................................................................................................... Rate Fees Fee Customer P AFN COMMUNITY 13 $9.04 inclu'd $9.04 $9.04 AFN BASIC 35 $14.40 inclu'd $14.40 $14.40 CHARTER BASIC 31 $14.07 $2.13 $16.20 $13.30 Includes Set Top @ $1/month Promo AFN EXPANDED 77 $34.83 inclu'd $34.83 $34.83 CHARTER EXPANDED 53 $32.40 $2.40 $34.80 $34.80 AFN DIGITAL PLUS 100 $46.95 inclu'd $46.95 $46.95 CHARTER ASHLAND PACKAGE 118 $34.31 $2.51 $36.82 $36.82 Current offer is $36.82 and includes: Promo Starz/Encore $10.47 value "Digital Premium Package" CHARTER CUSTOMER FREEZE OFFER 118 Promo inclu'd $30.51 5+ year old special offer includes: Starz/Encore $10.47 value "Digital Premium Package" DIRECT TV "Total Choice" Package 135 g $56.96 DISH Top 60 Package 60.......................... $31.99 Offer: Free install & equip, 4 rooms, 6 months HDTV, free HBO ......... ......... ........ ......... ......... ......... ......... ........ ......... ......... ......... ......... ......... ......... & Showtime& local TV nets. ........ ................... DISH Top 120 Package 120 ....... $37.99 $30.51 Promo $49.50* $34.80 National Average Customer Pc ................................................................... ................. ................ ................. ................ ................. $47.72 * * $57.47 $55.82 (w/Premiums) (w/Premiums) $57.47 $55.82 (w/Premiums) (w/Premiums) free DVR .... $19.99.............................................. First 3 months ......... ......... ......... ........ $42.99 w/local TV nets Note Charter customers may receive a discount up to $10 from total monthly Internet & CATV bill for Bundled services and/or a disincentive of an additional $10 for NOT having both services. All depends on the transactional deal made via door to door or call center sales. *Based on actual Charter customer bill ** National average of $45.32 Based on 70 channels PLUS fees (of approximately $2.40/month) Nat'l stats published at end of each year 12/31/04. Note Advertised PROMOTIONAL OFFERS change constantly. Monopoly MSO's have 12+ transactional promo rates Michael Ainsworth9/2/2005 City of Ashland AFN Revenue Contracts Customer Monthly Rate Highspeed: City of Ashland Project A, Inc. Ashland School Dist. OSFA SOU Ashland Comm. Hospital Open Door Networks, Inc. Manmohan Patel Scott -Edelman Supply Ashland Home Net Hunter Construction, Inc. Vortx, Inc Sky, LLC Joe K Andrews Brammo Motorsports, LLC Notes: 5,000.00 806.00 1,000.00 651.00 1,500.00 500.00 There is a signed contract for increase services once the line is engineered 600.00 651.00 600.00 600.00 1,800.00 400.00 400.00 400.00 700.00 Totals $ 15,608.00 City of Ashland AFN Revenue Contracts Bulk Cable TV Contracts Customer Contracts Dates Ashland Springs Hotel Stratford Inn Holiday Inn Express Plaza Inn and Suites. 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O O O O O O O O O O O O O O O O O O O O O O O O O O O O O CM O CM O CM M M Z3 7 Z3 7 Z3 7 Z3 7 Z3 7 Z3 7 :3 7 :3 7 :3 7 :3 7 :3 7 :3 7 :3 7 :3 7 Z3 7 Z3 7 Z3 7 Z3 7 Z3 7 Z3 7 Z3 7 Z3 7 Z3 7 Z3 7 Z3 7 < Q Q O N N O . O . r . r . f V . M N M . M . M . M . M . O . O N O CV O CV O . O . O . O N O . O . O . O . O . O . O N O N Q 00 LS, r N N LO CO I-- W O zt O cM 00 CO I` 00 O zt O LO r LO N LO M LO ;a- LO LO LO CO LO I` LO 00 LO O LO O CO CO N CO M CO ";T CO LO CO CO CO I` CO 00 CO O CO N O M O N r M M QO O O r r r r r r r r r r r r r r r r r r r r r r r r r r r r r r N " LO O LO O CO O CO O CO O CO O CO O CO O C0 O CO O CO O CO O CO O O O CO O CO O CO O CO O CO O CO O CO O C0 O CO O CO O CO O CO O O O CO O C0 O C0 O CO O CO O CO O co O CO O cm m 0- O O N N 00 C a) CL O LL Q L,A Council Communication AFN Report — 4th Quarter FY 2004-05 Meeting Date: September 6, 2005 Primary Staff Contact: Lee Tuneberg Department: Administrative Services E-mail: tuneberl@ashland.or.us Contributing Departments: NA Secondary Staff Contact: Approval: Gino Grimaldi E-mail: Estimated Time: 15 Minutes Statement: This is the AFN Quarterly Report covering April 1 to June 30, 2005. This report's format was developed for FY 2004-05 and this is the fourth in that series. Background: This report covers AFN's customer counts and financial status for the 4t" Quarter of FY 2004-05. The information provided herewith are preliminary numbers for the end of the fiscal year and are unaudited and unadjusted. All Navigant recommended activities were completed in some form during the year. Results compared to projections based upon the report are: ➢ Actual Cable TV numbers were 3,170 at the end of June while the target was 3,532. ➢ Actual Cable modem counts were 3,686 at the end of June as compared to the target of 3,850. AFN Financial Narrative: The cash balance increased from $564,996 on March 31 to $773,349 on June 30. The large balance is due to the refinancing and subsidy. The cash flow is fairly equal the rest of the year for operating cash in and cash out. The Debt refinancing was approved by the City Council in FY 2003-04 and the $200,000 subsidy was approved in June 2005. Related City Policies: Ashland's City Council identified as a goal to improve the performance of AFN. Quarterly reports were identified as one tool in keeping Council current on operations. The format of subsequent reports may change under the direction of the Information Technology Director or based upon work of the AFN Options Committee. Council Options: Not applicable. Staff Recommendation: Accept this report. Potential Motions: Council moves to accept this report. Attachments: AFN Quarterly Report a fVAV The target numbers are from the Navigant re- port. However, those have proven unattain- able. The ending num- ber count of connec- tions is SO (1.6% growth) over last year's, despite a rate increase. Note the sea- sonal change between the three summer months and rest of the year. rz��orzT EOY July Aug Sep Oct Nov Dec Jan Feb Mar Apr May June Actual 3,120 3,113 3,099 3,182 3,210 3,202 3,209 3,210 3,193 3,214 3,200 3,207 3,170 Target 3 100 3 136 3 172 3208 3 244 3 280 3 316 3 352 3 388 3 424 3 460 3 496 3 532 On the Internet side, we have 251(7.3 growth) more resi- dential cable modern accounts. Also shown on this graph is sea- sonal changes. Please note the similarity in activity with the above chat. EOY July Aug Sep Oct Nov Dec Jan Feb Mar Apr May June Page 1 Actual 3,435 3 451 3 470 3 575 3 648 3 699 3 718 3 705 3 697 3 735 3 734 3 709 306 Target 3,435 3 470 3 504 3 539 3 573 3 608 3 642 3 677 3 712 3 746 3 781 3 815 3 850 2 f Vk0of Tz�1�DT_�>'T- cAsh F-Low Cov�.pa r�sow There are two high cash ins. The first one is due to the refinancing and the second one in June, is from Electric Fund for the subsidy. The rest of the year is fairly equal in operating cash in and cash out. July Aug Sep Oct Nov Dec Jan Feb Mar Apr May June Cash In 4201593 868,760 1861421 217,394 2271320 195,564 196,895 1811613 2671969 2169005 2041047 4599919 Cash Out 426,260 226,443 2361078 218,281 2021741 2611355 1531498 2401233 2391491 2151262 1921042 2641313 movtGrCe Cash F>aCakize This chart compares actual Ending Cash Balance (bold line) by month with the Target Cash Balance (dash line) ex- tending to June 30, 2005. The large increase is due to the re- financing and subsidy. On a budgetary basis, we did not meet the target cash bal- ance which is needed to meet future cash requirements. July Aug Sep Oct Nov Dec Jan Feb Mar Apr May June Ending 1,181 643,498 593,841 592,954 617,533 551,742 595,139 536,518 564,996 5651739 577,744 7731349 Target 600,000 600,000 610,000 622,750 639,006 659,733 686,160 719,853 762,813 817,587 887,423 976,464 Page 2 2 f V , T-K-7,11E P 0 rzT mowtK� Ratio o f .saes to Expewd�tu.res This chat shows the ratio dropped in part due to end of year accruals. Expenses grew faster than revenue during the year. July Aug Sep Oct Nov Dec Jan Feb Mar Apr May June Percent 0.49 0.96 0.98 1.3 1 0.8 1.07 0.83 1.21 0.96 1 0.85 Target 0.95 0.95 1 1.04 1.07 1.1 1.14 1.2 1.27 1.36 1.48 1.63 operatLowaL Revewu.es to expewses covupan- sow This chart provides a look at what is recorded each month. For a better comparison, bor- rowing (revenues) and issu- ance/debt service costs (expenses) have been re- moved. Revenue continued to be at or below expenses throughout the year. July Aug Sep Oct Nov Dec Jan Feb Mar Apr May June Revenues 2081954 208,547 2081760 216,951 231,675 217,311 2141567 1951910 2211094 2271959 2281552 228,568 Page 3 Expenses 202,455 218,147 208,549 166,723 231,450 273,191 200,583 236,157 182,811 237,176 228,345 267,417 TIN zoHLAN Council Communication Resolutions Authorizing a Cable Television Rate Increase in the Telecommunications Fund and Surcharge on Electric Accounts Meeting Date: September 6, 2005 Department: Administrative Services Contributing Depts: N/A Approval: Gino Grimaldi Statement: Primary Staff Contact: Lee Tuneberg, 552-2003 tuneberlkashland. or.us Estimated Time: 30 Minutes This communication provides options to Council for changing cable television (CATV) rates and establishing a surcharge on electric utility accounts to meet AFN financial requirements. Background: Better financial stability of the Telecommunications Fund was a key discussion during the FY 2005-06 budget process held in April and May of this year. Everyone's goal was to establish a means of providing adequate fiscal support to the Ashland Fiber Network (AFN) for FY 2005-06 while Council considered what changes are needed for its telecommunications system that was begun in the Electric Fund in FY 1998-99. To date AFN has been funded by two bank loans and internal borrowings for construction and operational costs that were rolled together in a $15.5 million refinancing done in August of 2004. Construction of the system, where financially practical, was considered complete in FY 2003-04. This means that the City has only one complete year of operational history available for comparison purposes. The refinancing included monies to be set aside, helping to pay the first debt service however, $200,000 was needed as a subsidy from the Electric Fund to provide sufficient cash to meet the July 15th payment of $802,000. The $200,000 was provided in June. The budget for FY 2005-06 was created relying on the $200,000 subsidy mentioned above to be included in the balance carry forward with remaining bond proceeds from FY 2004-05, a $500,000 operational transfer from the Electric Fund balance as a subsidy and additional revenues through rates and fees of $200,000. This would result in a $70,000 ending fund balance and a carry forward into FY 2006-07 of $210,000 if no contingency was spent during this year. The long-term budget shows the following years requiring 10% increases in revenues each year and subsidies increasing for several years to balance. The Electric Fund, as the original guarantor of AFN was identified as the provider of subsidies even though the 2004 bond covenants specify that any unrestricted resources could be employed as Council chooses. AFN's operational revenue for FY 2004-05 totaled $2.6 million. Operational expenses (excluding bond issue costs) were about the same. Projections for FY 2005-06 are $2.835 million in operational revenues (including added revenue from rate increases and excluding the subsidy transfer of $500,000) and $4.220 million in expenses (including $140,000 in Contingency but not including depreciation and amortizations totaling $500,000). The shortfall is $1.395 million and the long-term budget reflects that amount reduced to $890,000 through the subsidy transfer and the balance covered by a carry forward of $963,000. The amount needed is $738,000 for FY 2005-06. In order to meet or exceed the target of at least $70,000 fund balance carry forward on June 30, 2006, a combination of actions must take place to provide $738,000 in the remaining 9 months. These actions include rate increase(s), a subsidy or subsidies and cost savings. Narratives of these follow. Rate Increases: AFN has raised cable television rates twice in the last 15 months. The increases for cable television (CATV) were 8% in June 2004 based upon a consultant study and 6.6% in February 2005 to provide revenues to offset those not generated by other initiatives. Although there have been some changes in the CATV line-up, the overall package is relatively the same as two years ago. AFN's CATV rates are thought to be 25 — 30% below national averages, the range depending on how dissimilar tiers and line-ups are factored. Charges for cable modem services were raised significantly during the same time period and are now thought to be priced competitively and should not be raised. Initial discussions included increasing CATV to the national average. Such a change is significant and may best be managed in steps or done at the least sensitive time. The attached July 19, 2005, memo to Council addresses many of these concerns. Attached is a chart showing connections in the prior year. The cycle of connections in the fall, with fewer disconnections in the spring, is thought to be consistent with seasonal changes and television viewing. Approximately two years ago the City discussed that the appropriate time for annual rate increases should be around January to best coincide with this cycle and marketing. Comparisons of a 15% (step approach toward market) and 25% (at or near market in one step) are provided, both being done effective January 2006 to allow product or line-up improvements to minimize the advantage afforded competing systems. Subsidy: The first direct subsidy was the $200,000 done last June from the Electric Fund to provide cash to pay July's debt service. In the budget is an additional $500,000 transfer from the Electric Fund balance. An electric rate increase was deferred in that the fund balance is above the targeted minimum and the only need for the proposed rate increase was perceived as generating funds for AFN. Additionally, an increase in electric rates would have benefited the General Fund through user tax and franchise fee revenue. The budget reflects that impact but the $150,000 impact on the General Fund is offset by a projected larger carry forward from FY 2004-05. Instead of a direct transfer a surcharge has been recommended whereas a set amount ($3 -$10 per electric account per month) could generate sufficient revenues directly to AFN without any added fee or tax going to the General Fund, similar to existing taxes and surcharge. 2 To meet the overall needs of AFN there is a need to identify whether a surcharge is in addition to or replaces the operational transfer. A surcharge of $5 per electric account will generate approximately $50,000 per month, and if established effective October 1 would provide $450,000 to AFN in this fiscal year. Six dollars would provide $540,000, seven dollars equates to $630,000, etc. Cost savings: Not having to spend all appropriation levels can be beneficial as long as important expense such as staffing, marketing, capital refresh investments and debt service are met. Included in the calculations above is an amount for unidentified expenses called Contingency in budgeting. Any of this not utilized improves the bottom line and carries forward to the subsequent year. AFN spent 98% of the original appropriation levels for FY 2004-05 and left $57,000 in Contingency unused. The above calculations are done assuming that all budget appropriations and Contingency are consumed. Fiscal action(s) needed: The budget established was predicated on fiscal steps being taken in the current year. The Electric Fund balance that is currently available for use will not be there in following years without increased electric rates. This establishes the need to establish a surcharge to subsidize AFN related costs as needed. The tools Council uses to balance the Telecommunications Fund for FY 2005-06 can change for following years as operating AFN changes. Provided in the options section of this report are a few of the things that could be done. With the many variables and preferences that come into play, utilizing different elements of the options provided can satisfactorily meet fiscal requirements. Timing of the changes can impact the proposed options such as implementing rate changes sooner may provide more revenues by end of year at a smaller percentage increase. Significant changes now will affect things that may be proposed later either by the new director or arising through the Options Committee. The City must anticipate that customers and citizens will combine any rate increase with any surcharge to evaluate the value of the service provided for the total cost paid. The surcharge proposed, as with any subsidy transferred, is partially funded by some citizens who still cannot receive all of AFN's services. For comparative purposes, staff is providing tables showing a 15% and a 25% increase in January and potential impacts to the end of FY 2005-06. This is based upon preliminary FY 2004-05 customer counts, revenues and expenses and projecting into FY 2005-06 the potential range of impacts a significant CATV rate increase include: 15% Increase in CATV Rates as of January Impact On: Customer Counts 37200 37040 21880 27720 21560 Change in Counts 0% -5% -10% -15% -20% Revenue $ 657855 $ 397995 $ 141115 $ (11,530) $ (37,430) Expenses $ - $ (187158) $ (367360) $ (54,342) $ (72,544) Net Impact $ 657855 $ 58,153 $ 501475 $ 42,812 $ 351114 The previous table shows the possible impact on AFN finances with a 15% CATV increase and a range of percentages representing zero to 20% reductions in customer counts. It should be noted that in FY 2004-05 the number of customers increased by 50 despite the above mentioned increases however, it is difficult to predict sensitivity to increases as AFN's rates approach market and it is equally difficult to accurately estimate the number of new customers that went with competing systems or technology after comparing price and line up. 25% Increase in CATV Rates as of January Impact On: Customer Counts 3,200 3,040 21880 27720 23560 Change in Counts 0% -5% -10% -15% -20% Revenue $ 1097725 $ 81,716 $ 537605 $ 257785 $ (21350) Expenses $ - $ (187158) $ (367360) $ (547342) $ (723544) Net Impact $ 1097725 $ 993874 $ 897965 $ 807127 $ 703194 A comparison of local rates for CATV tiers reflecting a 15% and 25% increase to Ashland customers is as follows. Discussions regarding national rates included Ashland existing rates being 25 to 30% less so an Outside the Area column is provided. CATV Rate Comparison* AFN Competitor Existing Rates Existing +15% +25% In Ashland Outside Estimate Community $ 7.87 $ 9.06 $ 9.84 N/A N/A Basic $ 12.96 $ 14.92 $ 16.21 $ 13.07 $ 20.00 Expanded $ 32.37 $ 37.25 $ 40.48 $ 32.40 $ 48.00 Digital Plus $ 43.88 $ 50.49 $ 54.87 $ 38.30 N/A Premium Channels (2) $ 10.01 $ 11.52 $ 12.52 ** N/A *Plus applicable franchise and PEG access fees. ** Included in Competitor's Digital Plus The reader should note that these comparisons are difficult as program line-ups vary from community to community and system to system. Rather than advertise the latest promotional programs for the competition, the table reflects published rates in town and outside. Since marketing practices are such that private companies publish their base charges and add on taxes and fees when billed, the comparison is before franchise and PEG access fees. Subsidy table: As you can see there are several combinations of fees, charges and subsidies to meet fiscal requirements and the elements can be changed between years as need dictates. As shown in the second column below, a Transfer of $420,000, a surcharge of $3 in October and a rate increase of 15% in January will provide enough resources to meet requirements for the year. M FY 2005-06 Surcharge Amount/month/account $ 3 $ 3 $ 4 $ 4 $ 5 $ 5 $ 6 $ 6 Estimated Shortfall $ (738,000) $ (738,000) $ (738,000) $ (738,000) $ (738,000) $ (738,000) $ (738,000) $ (738,000) Transfer from Electric $ 420,000 $ 400,000 $ 330,000 $ 310,000 $ 240,000 $ 220,000 $ 150,000 $ 130,000 Surcharge Revenue $ 270,000 $ 270,000 $ 360,000 $ 360,000 $ 450,000 $ 450,000 $ 540,000 $ 540,000 Surplus (Shortfall) $ (48,000) $ (68,000) $ (48,000) $ (68,000) $ (48,000) $ (68,000) $ (48,000) $ (68,000) CATV Rate Increase Net Impact 15% increase with 10% fewer customers $ 50,475 $ 50,475 $ 50,475 $ 50,475 OR 25% increase with 20% fewer customers $ 70,194 $ 70,194 $ 70,194 $ 70,194 The above table shows that not all of the budgeted transfer from the Electric Fund would be needed with either rate increase in January, even if the surcharge was set at $3. The unused amount of the transfer and any surplus in revenue generated by the surcharge could be held in reserve to address capital refresh or costs related to operational changes identified later. A table showing all comparisons from $3 - $10 is attached. However, the following table presents the need in FY 2006-07 that must be addressed in time for the budget process, all things remaining constant. A higher surcharge set in FY 2005-06 will reduce the amount of the surcharge needed in the following year. FY 2006-07 CATV Rate Increase Net Impact Estimated Shortfall Transfer from Electric Surcharge Revenue Surplus (Shortfall) CATV Rate Increase Net Impact 15% increase with 10% fewer customers 5% increase no change in customers $ 7$ 7$ 8$ 8$ 9$ 9$ 9$ 9 $ (900,000) $ (900,000) $ (900,000) $ (900,000) $ (900,000) $ (900,000) $ (900,000) $ (900,000) $ 840,000 $ 840,000 $ 960,000 $ 960,000 $ 1,080,000 $ 1,080,000 $ 1,200,000 $ 1,200,000 $ (60,000) $ (60,000) $ 60,000 $ 60,000 $ 180,000 $ 180,000 $ 300,000 $ 300,000 $ 50,676 $ 50,676 $ 24,710 $ 24,710 $ 50,676 $ 50,676 $ 24,710 $ 24,710 The above table shows that a $7 surcharge would generate $840,000 revenue in FY 2006-07 which approximates the debt service payment for that year. A $5 surcharge for nine months in FY 2005-06 will provide $450,000 that year and $600,000 in FY 2006-07. If all of the Electric Fund transfer is used in FY 2005-06, the surcharge could be set at $5 and not be changed for FY 2006-07, estimating that all requirements are met through June 30, 2007. Related City Policies In June, 2005, Council accepted a policy to fund cash shortfalls in AFN through the Electric Fund. Staff requested and Council authorized a $200,000 subsidy from the Electric Fund in June 2005 to assist in paying for debt service. The FY 2005-06 budget also includes a $500,000 subsidy to AFN in the form of a transfer from the Electric Fund. On July 19, 2005, Council accepted staff s recommendation to defer an 5 electric rate increase in favor of more information on wholesale power costs. The possibility of a surcharge for AFN's benefit was also discussed. With a rate adjustment and a surcharge being approved, no other subsidy or transfer between funds would be done for AFN without prior Council approval. Council Options: To meet financial obligations a combination of changes are needed but the timing and size of changes are optional. The following represent options currently available: 1. Do not change rates or establish a surcharge until January 1, 2006, allowing the: a. Options Committee to complete its work. b. Selection of a new AFN director. c. AFN staff to develop sufficient changes to CATV services to balance the increase. The impact of taking this option requires transferring some portion of the budgeted $500,000 transfer, minimized by a larger surcharge (approximately $11/account/month) and the 25% rate increase to meet the $738,000 need. 2. Establish a surcharge effective October 1 on electric accounts of $3 per month to generate $270,000 in FY 05-06 with the $500,000 and a $7 charge per month in FY 06-07 to generate $840,000 the next year, or set the surcharge at $5 for both years with the $500,000 transfer. This option does not include a rate increase. 3. Raise AFN CATV rates for existing tiers an intermediate amount (15%) with the $5 surcharge (generating $450,000) to: a. Generate $35,114-$65,855 in CATV revenue depending on timing and customer reaction toward the increases. b. Reduce subsidy from Electric transfer to $222,145 - $252,886 based upon the $738,000 need. c. Move toward a policy that the city does not subsidize cable television. 4. Raise AFN CATV rates for existing tiers 25% to "market" with the $5 surcharge (generating $45000) to: a. Generate $70,194 - $109,725 in CATV revenue depending on timing and customer reaction toward the increases. b. Charge more closely what it costs to provide the service. c. Reduce subsidy from Electric transfer to $178,275 - $217,806 based upon the $738,000 need. d. Employ a policy that the city does not subsidize cable television. Staff Recommendation: Staff believes an argument can be made for any of the four options above for fiscal reasons but remain cautious about too many changes and processes occurring at the same time. Making changes to ensure fiscal stability of AFN during FY 2005-06 is necessary, especially as operational changes are considered. Staff recommends Option #3 including a surcharge of $5 effective October 1, a rate increase effective January set at the necessary level and balanced with a change in services and a subsidy 0 transfer from the Electric Fund as needed (estimated at $210,000 - $500,000) for the following reasons: 1. The community then contributes to the fiscal well-being of AFN and retirement of the City's debt. 11. The surcharge is set once for almost two years but can be amended if needed. 111. The City moves toward charging for the cost of service of cable television. iv. Electric reserves are used to soften the impact on customers in the first two years. Potential Motions: Council moves to: EITHER a. Adopt the attached resolution to establish a surcharge on electric accounts for the benefit of AFN in the amount of $ (from $3 - $10), or b. Adopt both attached resolutions establishing a surcharge on electric accounts for the benefit of AFN of $ (from $3 - $10) AND raising CATV rates % (10% - 30%) or c. Adopt the attached resolution to increase cable television rates % (10% - 30%) but do not establish a surcharge at this time. No motion, Council prefers to defer the surcharge and cable television rate increases for more information from staff, the new director or information from the Options Committee, etc. Attachments: Resolutions authorizing rate increase and/or subsidy. Memo to Council dated July 19, 2005 FY 2004-05 Cable Customer Count report AFN Funding Comparison Table 7 RESOLUTION NO. 05- A RESOLUTION ADDING A SURCHARGE TO ELECTRIC UTILITY RATES FOR THE PURPOSE OF SUBSIDIZING ASHLAND FIBER NETWORK Recitals: A. The City of Ashland operates Ashland Electric Utility to provide electricity to customers within the City limits of Ashland. B. The City of Ashland also operates Ashland Fiber Network (AFN) which uses a fiber optic backbone to provide cable television and internet services to customers within the City of Ashland. C. The Ashland Electric Utility utilizes the AFN fiber optic backbone to transmit data important to the operation of the electric utility and therefore finds it beneficial to subsidize the operation of AFN. D. The City finds it beneficial to establish a surcharge on electric utility customer rates for the purpose of subsidizing AFN. THE CITY OF ASHLAND RESOLVES AS FOLLOWS: SECTION 1. The City of Ashland adopts a $ surcharge on billings for electric usage to provide a subsidy to Ashland Fiber Network, said surcharge to begin with Cycle 1 billings prepared on or after October 1, 2005. SECTION 2. The surcharge revenue is not subject to the Electric Utility Tax or included in the franchise fee calculation for General Fund Revenues. SECTION 3. This resolution takes effect upon signing by the Mayor. This resolution was read by title only in accordance with Ashland Municipal Code §2.04.090 duly PASSED and ADOPTED this day of , 2005. Barbara Christensen, City Recorder SIGNED and APPROVED this day of Reviewed as to form: Michael W. Franell, City Attorney , 2005. John W. Morrison, Mayor 1- Resolution - AFN Surcharge on Electric Accounts 2005-9-6G:\legal\PAUL\FORMS\resolution form.wpd RESOLUTION NO. 2005- A RESOLUTION ESTABLISHING CABLE TELEVISION AND INTERNET RATES FOR THE ASHLAND FIBER NETWORK, READOPTING ALL OTHER RATES WITHOUT CHANGE & REPEALING RESOLUTION NO 2004-40 THE CITY OF ASH LAND RESOLVES AS FOLLOWS: SECTION 1. The Attached rate schedule is adopted as the rates and fees for AFN Internet and AFN Cable Television provided by the City of Ashland Information Technology department, Ashland Fiber Network Division. These rates are effective with the Cycle 8 Billing in , 200 . SECTION 2. Installation charges, equipment rental, bulk rates, and other charges may be set administratively. To the extent practicable, such fees shall be set to recover, over a fiscally prudent period, the incremental cost of providing such service by taking into account all costs actually incurred. SECTION 3. Nothing in Section 1 or Section 2 shall preclude AFN staff temporarily reducing or waiving rates or charges in conjunction with promotional campaigns, 2) establishing different and nondiscriminatory rates an charges for commercial customers, as allowed by federal law and regulations, or 3) establishing different and nondiscriminatory rates and charges for AFN high speed data and wholesale high speed data commercial customers, as allowed by federal law and regulations. SECTION 4. Resolution 2004-40 is repealed. SECTION 5. This resolution takes effect upon signing by the Mayor. This resolution was read by title only in accordance with Ashland Municipal Code §2.04.090 duly PASSED and ADOPTED this day of , 2005. Barbara Christensen, City Recorder SIGNED and APPROVED this day of Reviewed as to form: Michael W. Franell, City Attorney , 2005. John W. Morrison, Mayor CITY OF AS LAN D Memo DATE: July 19, 2005 TO- Mayor and City Council FROM- Lee Tuneberg, Administrative Services & Finance Director RE: AFN Cable TV Rate Increase Staff continues to review AFN operations evaluating the potential to change rates and services, primarily - p y on the cable television (CATV) side of business. We intended to have a proposal to Council in July but feel it important to defer a significant change until other important decisions are made and to allow staff adequate time to identify potential changes, their timing and balancing charges with service levels. We recognize that Council and the Budget Committee raised concerns regarding overall AFN financial health and specifically the amount being charged and the cost of CATV operations however there are enough unknowns about all the changes occurring and the appropriate size and timing of changes to compel g p us to defer these changes. The major issues are as follows: A. Multiple increases in a short time: Although it would have been ideal to charge market rates and better cover AFN' s operating costs from the very beginning, multiple significant increases in a short period have a risk of alienating customers and may be less effective than anticipated. The history for AFN operations and the impacts or rate increases is not sufficient enough to predict the n sensitivity customers have to rate increases. Thus, staff can only estimate the impact increases will have on customer counts. B. Not value added In modeling the financial impact and speculating the effect on subscriber counts, it is possible that much of the benefit of raising rates a significant amount are minimized by customers terminating service or not connecting at all. This would be the third increase in CATV rates in 14 months with no significant product change The end result could be a smaller increase in the bottom line than hoped. AFN's Marketing and operations managers recommend strategic changes in line-up, partnerships and tier structure. Such changes are being formulated but may need to be deferred until input is provided by others, possibly through the Options P Committee or the new manager. C . Benefit to the competitor. Even though there are some positive perspectives to movie to significantly g g cantly higher rates the potential for the competition to wait on their increases to garner as ADMISTRATIVE SERVICES DEPARTMENT D. L. Tuneberg, Director Tel, 541-488-5300 20 East Main Street Fax: 541-488-5311 Ashland, Oregon 97520 TTY 800-735-2900 www ashland or us CITY OF AS LAN D Memo many of Ashland's customers as possible based upon price alone is high and the impact could be devastating to some options being considered. Due to that risk, a smaller increase or series of increases combined with other changes could be proposed and may be better for retaining customers. D. Conflicting_ processes: The city is in the midst of two processes that could be negatively affected by dramatic changes in mechanisms to fund operations. The city is recruiting for a new director with more telecommunications and cable television experience to head -up AFN and for a team to consider options for AFN's future. Significant changes at this time may impact what is or can be done through both processes. Additionally, the impact of the City considering a surcharge as the means to provide a subsidy rather than the operational transfer included in the budget must be viewed in relation to any proposed rate change, whether there are value-added adjustments to product lines or not. Staff has been evaluating costs, projecting impacts of rate increases, calculating surcharge amounts and identifying potential changes in services provided but such reviews are not complete enough to propose changes in July. However, staff has also been diligently working on: 1. implementing technology to enable innovative and improved services 2, constructing new subdivisions to obtain customers 3. providing unrivaled services and service to Ashland customers 4. resolving construction issues in the system .5. implementing required satellite and line-up changes b. assisting city administration to ensure a smooth management transition An AFN quarterly report recapping FY 2004-05 and spearing to the activities above will be provided in August. At that time options will be identified for potential changes in services, charges and their timing. Please contact me if you have any questions or comments. ADMISTRATIVE SERVICES DEPARTMENT D. L Tuneberg, Director Tel- 541-488-5300 20 East Main Street Fax: 541-488-5311 Ashland, Oregon 97520 TTY: 800-735-2900 www ashland.or us City of Ashland Recap of Cable Customers By Tiers Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun T1 Connects 19 12 20 11 4 10 11 7 9 7 6 13 Disconnects -11 -7 -13 -5 -4 -6 -9 -7 -11 -5 -9 -17 T1 Total 267 272 279 285 285 289 291 291 289 291 288 284 T2 Connects 22 20 42 30 22 23 33 20 23 21 39 51 Disconnects -22 -32 -28 -20 -16 -17 -19 -17 -27 -18 -30 -41 T2 Total 689 677 691 701 707 713 727 730 726 729 738 748 T3 Connects 75 89 127 59 49 51 46 50 68 45 53 63 Disconnects -107 -90 -71 -52 -63 -56 -54 -72 -44 -66 -59 -110 T3 Total 1799 1798 1854 1861 1847 1842 1834 1812 1836 1815 1809 1762 T4 Connects 21 3 17 12 10 13 5 4 12 9 12 17 Disconnects -4 -9 -11 -7 -10 -11 -12 -2 -9 -7 -5 -13 T4 Total 358 352 358 363 363 365 358 360 363 365 372 376 TOTAL 3113 3099 3182 3210 3202 3209 3210 3193 3214 3200 3207 3170 Disconnect Reason Codes 1. Not Watching TV 5 7 10 8 8 4 6 5 11 9 11 7 2. Dish 5 2 1 6 4 5 2 2 3 4 0 1 3. Moving -out of Town 53 77 49 22 30 26 32 31 28 41 32 77 4. Upgrade 27 11 17 7 6 6 5 4 17 8 11 22 5. Charter 4 3 7 4 4 4 3 8 4 1 7 3 6. Financial 1 1 0 0 4 2 4 8 1 2 3 2 7. Downgrade 10 8 12 9 4 8 13 10 3 6 8 9 8. Transfer 26 17 19 11 13 9 12 16 7 10 16 22 9. Other 12 5 5 5 0 5 0 0 4 2 3 10 10. Moving -AFN Not Available 0 4 6 3 7 5 1 1 1 4 1 1 11. Non Pay 4 2 1 3 2 2 0 3 2 0 1 4 147 137 127 78 82 76 78 88 81 87 93 158 AFN Funding Comparison Table Fiscal Year 2005-06 and 2006-07 FY 2005-06 Surcharge Amount/month/account $ 3 $ 3 $ 4 $ 4 $ 5 $ 5 $ 6 $ 6 Estimated Shortfall $ (738,000) $ (738,000) $ (738,000) $ (738,000) $ (738,000) $ (738,000) $ (738,000) $ (738,000) Transfer from Electric $ 420,000 $ 400,000 $ 330,000 $ 310,000 $ 240,000 $ 220,000 $ 150,000 $ 130,000 Surcharge Revenue $ 270,000 $ 270,000 $ 360,000 $ 360,000 $ 450,000 $ 450,000 $ 540,000 $ 540,000 Surplus (Shortfall) $ (48,000) $ (68,000) $ (48,000) $ (68,000) $ (48,000) $ (68,000) $ (48,000) $ (68,000) CATV Rate Increase Net Impact 15% increase with 10% fewer customers $ 50,475 $ 50,475 $ 50,475 $ 50,475 OR 25% increase with 20% fewer customers $ 70,194 $ 70,194 $ 70,194 $ 70,194 FY 2005-06 Surcharge Amount/month/account $ 7 $ 7 $ 8 $ 8 $ 9 $ 9 $ 10 $ 10 Estimated Shortfall $ (738,000) $ (738,000) $ (738,000) $ (738,000) $ (738,000) $ (738,000) $ (738,000) $ (738,000) Transfer from Electric $ 60,000 $ 40,000 $ - $ - Surcharge Revenue $ 630,000 $ 630,000 $ 720,000 $ 720,000 $ 810,000 $ 810,000 $ 900,000 $ 900,000 Surplus (Shortfall) $ (48,000) $ (68,000) $ (18,000) $ (18,000) $ 72,000 $ 72,000 $ 162,000 $ 162,000 CATV Rate Increased Revenue 15% increase with 10% fewer customers $ 50,475 $ 50,475 None None OR 25% increase with 20% fewer customers $ 70,194 $ 70,194 None None FY 2006-07 CATV Rate Increase Net Impact $ 7 $ 7 $ 8 $ 8 $ 9 $ 9 $ 9 $ 9 Estimated Shortfall $ (900,000) $ (900,000) $ (900,000) $ (900,000) $ (900,000) $ (900,000) $ (900,000) $ (900,000) Transfer from Electric Surcharge Revenue $ 840,000 $ 840,000 $ 960,000 $ 960,000 $ 1,080,000 $ 1,080,000 $ 1,200,000 $ 1,200,000 Surplus (Shortfall) $ (60,000) $ (60,000) $ 60,000 $ 60,000 $ 180,000 $ 180,000 $ 300,000 $ 300,000 CATV Rate Increase Net Impact 15% increase with 10% fewer customers $ 50,676 $ 50,676 $ 50,676 $ 50,676 5% increase no change in customers $ 24,710 $ 24,710 $ 24,710 $ 24,710