Agenda Item Title:
Authorize the Mayor and Finance Director to sign Electric Cooperative Revenue Agreement for 2024
Origination Group:
Legal & Finance Committee
Origination Meeting Date:
04/26/2023
City Council Hearing Date:
05/01/2023
Staff Contact:
Tracy Davis, Deputy Finance Director
Agenda Item Summary:
We receive this request every year from all the electric co-ops (West River Electric and Black Hills Electric) to pay a 1% gross receipts tax to the City. This request does not include any changes for 2024.
Funding Source & Fiscal Impact (if applicable):
| Funding | Cost Center |
|---|---|
Recommendations:
Origination Recommendation Action:
Approve