Posted: April 05, 2022
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF041322 02

Agenda Item Title:

Authorize Mayor and Finance Director to Sign Electric Cooperative Revenue Agreement for 2023

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
04/13/2022
City Council Hearing Date:
04/18/2022
Staff Contact:
Pauline Sumption, Finance Director
Agenda Item Summary:
We receive this request every year to all the electric co-ops (West River Electric and Black Hills Electric) to pay a 1% gross receipts tax to the City. They are not asking for any changes to the agreement for FY 2023.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
None

Recommendations:

Origination Recommendation Action:
Approve

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