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HomeMy WebLinkAboutBremerton Annual Inet Redaction from Q1 Franchise FeesFrom:Harris, Jamison To:Dave Sorensen Cc:English, Deann; Josuweit, Greg Subject:Bremerton Annual Inet Redaction from Q1 Franchise Fees Date:Monday, March 9, 2026 2:51:48 PM Attachments:image001.pngimage002.pngBremerton Inet Dedcution for 2026.pdf Importance:High Greetings Mr. Sorenson, I hope you are well. I also left you a voicemail earlier today. I am following up because you were my point of contact last year regarding the annual I-Net marginalized rate reduction that is deducted from the City’s Q1 franchise fees.As you may recall, you received a similar letter last year, as this adjustment occurs annually. Comcast applies the Company’s marginalized rate directly against the Q1 franchise fee payment—no payment is required from the City. Each year, we provide an updated letter that reflects the CPI‑indexed rate increase. I have included your updated point of Comcast contact for Bremerton (Dean English) and will be scheduling a broader call soon with Colleen and the rest of the team. Wewanted to ensure you have this information in advance, as franchise fee payments will be issued in late April to early May. For reference, Deann English can be reached via the email listed above or by phone at +1 (253) 999‑0868. If you have any questions regarding this year’s reduction, please feel free to reply all. Finally, Greg—please note the amount indicated in the letter for this year’s marginalized rate reduction from the Q1 franchise fees for the city of Bremerton. Thank you Jamison 2026 represents the first year the CPI-U index will be factored into the annual rate per mile. The CPI-U index was determined at 6.7% for a new cost per mile at $746.90.Consumer Price Index for All Urban Consumers: Information Technology, Hardware and Services in U.S. City Average (CUSR0000SEEE) | FRED | St. Louis Fed As detailed in Exhibit 8 of the addendum, the total mileage has been established at 9.85 miles. Therefore, your 2026 annual deduction is calculated as follows: (9.85 miles x $746.90 per mile) = $7, 356.96. This amount will be deducted from your Q1 2026 quarterly franchise fee payments to provide the benefit of the marginalized rate. You can anticipate the deduction in your April/ May statement when Q1 Quarterly franchise fee payments are sent. You will not need to render a check or billing for thisfee. Manager, Government & Community Affairs Comcast—Pacific Northwest Region 410 Valley Ave NW Bld C Puyallup WA 98371 Mobile - 206-571-7198