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SHERBURNE WRIGHT COUNTY CABLE COMMUNICATIONS COMMISSION <br /> NOTES TO FINANCIAL STATEMENTS <br /> DECEMBER 31, 2017 <br /> NOTE 5 COMMITMENTS <br /> The Commission's Restated Joint and Cooperative Agreement (the Agreement) requires the <br /> Commission to adopt an annual budget. The Agreement also requires that any payments <br /> received in excess of the Commission's budget shall be returned to participating <br /> municipalities in the same proportion as each participating municipality's contribution to the <br /> Commission budget. Participating municipalities are required to use any returned <br /> contributions for cable-related expenses. <br /> (9) <br />