Budget Analysis, Special Session ... 1987

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2. Utility Tax to Replace General Fund $ (85,584) (1,626,087) 5 -0- 1,626,087 ISSUE GOV. 1: 5 PERCENT CUT The proposed reduction would eliminate all Commission travel and require that all public hearings be held in Helena. The cuts will also delay the computer program development for a case management system. The case management system is designed to computerize the PSC records and provide additional computing and record manage- ment capabilities.
ISSUE GOV. 2: REGULATED UTILITY TAX The executi
...ve proposes that $1,626,087 of general fund be replaced by $1,626,087 from a utility tax.
The executive proposed utility tax would parallel of the utility tax currently used to fund the Legislative Consumer Counsel. The utility tax for the consumer C-2 counsel is calculated as follows: (1) determine the gross operating revenue generated by all regulated activities within the state for the previous fiscal year; (2) divide the consumer counsel appropriation by the gross operating revenue to establish a ratio which can be multiplied with the individual company's gross revenue to determine its tax liability.


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