(a) If it files under the quarterly system, the operator shall adjust its rates in the next calendar quarter for any decrease in programming costs that result from the deletion of a channel. The operator must adjust its rates annually to reflect any decreases in external costs. The operator must also adjust its rates annually to reflect any changes in external costs, inflation and the number of channels on regulated tiers that occurred during the year if the operator wishes to have such changes reflected in its regulated rates.
(b) If a cable operator is filing under the annual system, it must adjust its rates every twelve (12) months to reflect any net decreases in external costs.
(Ord. No. 1623, 4-8-02)