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Audit This

Cable Advisory Committee and Amherst Media Director Jim Lescault (rt)

The Cable Advisory Committee voted unanimously today to "formally request the town of Amherst authorize via our special counsel an independent 5 year audit of Comcast."

The $28,000 study is meant to uncover any under reporting over the past five years of cable revenues generated in Amherst. 

According to the current license agreement -- which expires in October -- Comcast pays the town 5% of television revenues (but not Internet or phone) which goes to fund Amherst Media.

In the most recent quarter Comcast reported $1,569,509 in qualifying revenues and cut a check to Amherst Media for $74,599.44.  The committee is also sending a memo to the Select Board on Friday outlining key negotiation requests they are seeking to be included in the new ten-year contract.

Should other cities and towns in the region join in with the audit process the $28,000 cost would be divided up equally, sort of like a class action lawsuit.

 CAC member Sean Hannon, also the town's Information Technology Director, was going to hand deliver the $28,000 formal request to Interim Town Manager Dave Ziomek. 

This post first appeared on Only In The Republic Of Amherst, please read the originial post: here

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Audit This


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