City Commission to Add Fuel Adjustment Item to Next Meeting's Agenda
Published June 25th, 2013
GAINESVILLE - In a meeting of the Regional Utilities Committee on Monday night, Commissioner Todd Chase and Mayor Ed Braddy announced plans to add an item to next month's City Commission agenda. The item would limit the amount of the fuel adjustment charge GRU would be allowed to bill customers for throughout the remainder of the fiscal year.
About 50 people attended the meeting, where a vast majority of the time was spent discussing the utility's fuel adjustment fund.
According to estimates, the fund is already close to exceeding the nearly $22 million level it was expected to reach at the end of this fiscal year.
As a result, Mayor Braddy and Commissioner Chase said they plan to introduce an item at next month's full City Commission meeting that would reduce the current fuel adjustment charges so that the fund does not exceed that previous estimate.
The City Commission meeting is slated to take place on July 18.
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