BN 2019/21 Adopted Budget
Ashland Fiber Network (AFN) Fund
Ashland Fiber Network (AFN) Fund
The Telecommunications Fund accounts for all revenue and expenses relating to the City’s wholesale and retail Internet Service Utility.
AFN Fund Revenue
The Telecommunications Fund receives the majority of its revenue from providing internet services to customers and charging for this access. AFN anticipates growth in revenue of four percent without rate increases, but rather through the growth of its customer base.
AFN Fund Expenses
The Telecommunications Fund BN 2019-21 shows increases in Personnel Services, Materials and Service while showing decreases in Capital Outlay.
AFN Fund Personnel
No new positions are proposed to be added in BN 2019/21. Overall the Personnel Budget for AFN increased due to increases for PERS and Health Insurance.
AFN Fund Debt
AFN pays for its assigned portion of the overall AFN debt obligations through a transfer to the Debt Service Fund. This is a Materials & Services charge of $409,000 a year.
AFN Fund Material and Services
AFN Materials & Services decreased 6 percent in the BN 2019/21 Adopted Budget.
AFN Fund Capital
AFN spends money to expand, maintain, and optimize the internet infrastructure operations.
AFN Positions
The chart below shows the full-time equivalence of employees that perform work for the AFN Fund.