§ 40-122. Computation tax for bills not on monthly basis.  


Latest version.
  • Bills shall be considered as monthly bills for the purposes of this article if submitted twelve (12) times per year of approximately one (1) month each. The tax for a bimonthly bill (approximately sixty (60) days) shall be determined as follows: (i) the kWh or CCF reflected on the bill shall be divided by two (2); (ii) a monthly tax will be calculated using the rates set forth in this article; (iii) the tax determined by step (ii) shall be multiplied by two (2) which shall equal the applicable tax; however, (iv) the tax calculated in step (iii) may not exceed twice the monthly "not to exceed" amount.

    (Ord. No. 5532-00, § 1)

(Ord. No. 5532-00, § 1)