The Clinton City Council is moving forward with a proposed four-percent franchise fee on gas and electric bills.
As specified in the proposal-1.5% would go towards covering a deficit in the general fund and 2.5% would go towards lowering the overall property tax rate.
City Administrator Matt Brooke said at the 4% amount the proposed overall tax levy would be lower than proposed in the budget for next year.
Mayor Scott Maddasion stressed this fee will be review each year.
Brooke said it’s estimated about 40 million dollars coming on the tax rolls over the 2 to 3 years.
The four-percent franchise fee will the topic of a public hearing at the February 25th council meeting.
The proposals were approved unanimously by the seven council members.
The fee applies to your gas and electric bills.
-There are still public informational meetings on the issue.
Thursday, February 13, 2020 at 7:00 P.M.
Tuesday, February 18, 2020 at 7:00 P.M.
Thursday, February 20, 2020 at 7:00 P.M.
