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City of La Porte Annual Franchise Payment Calculation
<br />Effective July 1, 2016
<br />Line No. Description Amount Franchise Ordinance
<br />1 Annual Franchise Fee:
<br />2 Base Amount $ 1,265,908.39 Per Section 11
<br />3 $
<br />4 Annual Franchise Fee (line 2 + line 3) $ 1,265,90B.39
<br />5 Annual Adjustment Factor:
<br />Per Section 11
<br />6
<br />kWh delivered within corporate limits of City in the calendar year 2015
<br />444.723,934
<br />Includes street lights
<br />7 kWh delivered within corporate limits of City in base year 2005
<br />405,673,951
<br />Base Year fixed (includes street lights)
<br />8 Annual Adjustment Factor (line 61 line 7)
<br />1.10
<br />9 Adjusted Annual Franchise Fee (line 8 x line 4)
<br />$
<br />1,387,764.13
<br />Detem4nation of Annual Franchise Fee Payment:
<br />10 is line 9 higher than line 4? If yes, insert amount from line 9. If no
<br />insert amount from line 4.
<br />$
<br />1,387,764.13
<br />Per Section 11
<br />11 Less: Municipal Account Franchise Credits applicable to City in the
<br />calendar year2015
<br />35,329.45
<br />Per Section 11
<br />12 Total Annual Franchise Fee Payment (line 10 - line 11)
<br />$
<br />1,352,434.68
<br />13 Monthly Payment (line 12112 months)
<br />$
<br />112,702.89
<br />Due 1st day of each month beg. July 1st
<br />Based on 2015
<br />Monthly Payments:
<br />Monthly Payment Franchise Credits
<br />Jury 1
<br />$ 112,702.89 $
<br />2,944.12
<br />$ 115,647.01
<br />August 1
<br />112.702.89
<br />2,944.12
<br />115,647,01
<br />September 1
<br />112,70289
<br />2,944.12
<br />115,647.01
<br />October 1
<br />112,702.89
<br />2,944.12
<br />115,647.01
<br />November 1
<br />112,702.89
<br />2,944,12
<br />115,647.01
<br />December 1
<br />112,70289
<br />2,944.12
<br />115,647.01
<br />January 1
<br />112,702.89
<br />2,944.12
<br />115,647.01
<br />February 1
<br />112,702.69
<br />2,944.12
<br />115.647.01
<br />March 1
<br />112,702.89
<br />2,944.12
<br />115,647.01
<br />April
<br />112,702.69
<br />2,944.12
<br />115.647.01
<br />May 1
<br />112,702.89
<br />2,944.12
<br />115,647.01
<br />June 1
<br />112,702.89
<br />2,944.12
<br />115,647.01
<br />Total
<br />$ 1,352,434.63 $
<br />35,329.45
<br />$ 1,387,764.13
<br />Amended
<br />
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