MCCI, the corporate parent of the MCTV project, receives quarterly payments from Comcast once per quarter. In our 2005 proposal to the town we budgeted $21,750 per quarter. In November of 2017 we received our highest check ever for $37,047. Here is the history of payments received:
2005 September (capital) *
* In September of 2005, while the RFP for the PEG contract was in motion, Comcast mailed the second of four capital grant payments to GCTV, who rightly put the money into escrow, pending the outcome of the RFP. When MCCI won the contract GCTV passed the money onto MCCI, who used roughly $14,000 as administrative / programming funds to run the station. The remaining $6,000 was used for capital purchases. MCTV then "paid back" the $14k on a monthly basis over the course of two years.
** September 2007 Capital payment was spent almost entirely on a Princeton Server digital playback system, with 1.2 terabytes of storage (up to 400 hours of programming!) and two channel outputs so we can drive both channel 17 and channel 15 if we choose to do that again. The next and last capital payment of $15,000 was paid in September of 2009 and was primarily used to purchase a Sony Anycast.
There is more budget information available for download on this website in the Documents section.