Fy99 Budget Highlights

Other Taxes

In FY99, Franchise Fees are expected to increase 0.5% above the FY98 level. The rates charged are 6% on electricity, 5% on gas service, 1% on telecommunications and 5% on cable communications.

Franchise Fees
(Millions)

Utility Tax Revenues are expected to increase by 4.6% over the FY98 level primarily due to increased demand for telecommunication services. The tax rate for utility services is 10%, except for telecommunications which is taxed at 7%. 

Utility Taxes
(Millions)