20131232
Franchise Fee Credit to Citizens/Businesses Motion to amend the 2014 City Budget inclusive of BLW budget to allocate 2% of the 4% of the Franchise fees for electrical charge to our Citizens and business for the period of January to June as a credit to the $11,500,000 transfer from BLW to City general fund. City to make necessary equalizing budget adjustments for this approximate $800,000 and BLW to use to offset anticipated electrical rate increase. Requested by Mayor Tumlin.
- Committee
- FINANCE/INVESTMENTS COMMITTEE
- Requested by
- City Manager
- Introduced
- October 18, 2013
- Passed
- October 30, 2013
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