I-Net Capital Fund
The MHCRC collects a PEG and I-Net Capital Fee under the active franchise agreements with the cable companies. The PEG/I-Net Fee is allocated by the MHCRC to provide support for Capital Costs related to PEG Access and the I-Net.
I-Net End Fund
Under the previous franchise agreement with Comcast (agreement expired December 31, 2011), Comcast retained 1% of gross revenues in an I-Net Fund. During franchise renewal negotiations, the MHCRC and Comcast agreed that Comcast would retain the funds collected under the previous franchise agreement and the fund would be referred to as the “I-Net End Fund.” Expenditures from the I-Net End Fund remain subject to ongoing oversight and approval by the MHCRC.