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Committee approves remittance of kilowatt-hour tax to Cleveland Public Power
Summary
The Utilities Committee approved an ordinance authorizing the general fund to transfer 100% of kilowatt-hour tax remittances back to Cleveland Public Power, providing roughly $6 million a year in operating funds for the utility.
The Cleveland City Council Utilities Committee voted to allow the general fund to receive and immediately remit back 100% of kilowatt-hour tax remittances collected by Cleveland Public Power, a move staff described as critical to CPP's operations.
Under the emergency ordinance introduced as 5272025 by Council members Casey and Griffin, the general fund will receive tax remittances and then transfer the full amount back to Cleveland Public Power (CPP) for operating expenses. Department staff told the committee the annual…
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