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Committee moves to bolster cable TV fund with reconciling payment amid declining subscriber revenue
3749681 · June 11, 2025
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Summary
Council approved a transfer of the annual reconciling payment from RITA into the cable TV fund, after staff explained cord-cutting reduced subscription revenue and the reconciliation helps keep the fund solvent.
The Medina City Council Finance Committee approved a transfer of the annual reconciliation payment from the regional income tax agency into the city’s cable TV fund to help stabilize the fund as subscription revenue declines.
Keith (staff member) explained the cable TV…
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