City of San Mateo Law Library
City of San Mateo Municipal Code.

15.25.030 FRANCHISE FEE FOR STATE FRANCHISE HOLDERS.

(a) The franchise fee established within the City for cable franchises is five percent of gross revenues. Every state franchise holder operating within the City shall pay a franchise fee to the City in the amount of five percent of that state franchise holder's gross revenues.

(b) Each state franchise holder shall remit the franchise fee to the City quarterly, within 45 days after the end of the quarter for that calendar quarter. Each payment shall be accompanied by a summary explaining the basis for the calculation of the franchise fee. If the state franchise holder does not pay the franchise fee when due, the state franchise holder shall pay a late payment charge at a rate per year equal to the highest prime lending rate during the period of delinquency, plus one percent. If the state franchise holder has overpaid the franchise fee, it may deduct the overpayment from its next quarterly payment.