WebApr 7, 2024 · East Lansing could be forced to pay back about $6.6 million in “franchise fees” that were charged to its residents over the last six years by the Lansing Board of Water & Light following a recent ruling in a class action lawsuit, the Lansing State … WebApr 7, 2024 · BWL began collecting a 5% franchise fee from East Lansing customers in 2024 and collects around $1.4 million a year from East Lansing residents from this fee. Wednesday, April 12, 2024 Home
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WebApr 7, 2024 · EAST LANSING, Mich. — The City of East Lansing might have to pay Board of Water and Light customers in the city around $6.6 million thanks to a judge ruling a tax fee by the company as... This franchise fee stems from a 2024 agreement between BWL and East Lansing that allows for a 5% fee to be collected by BWL from citizens on their electric bill. BWL then passes that money to East Lansing, which put it in its general fund. East Lansing has argued in court filings that the fee is legal and designed to … See more The money from the fee goes into East Lansing's general fund, which can be used for whatever is deemed appropriate by the city, Stokes wrote. This means the fee doesn't specifically … See more Stokes' decision could lead to ramifications for other townships that also have franchise fee agreements with BWL. Lansing Township, … See more inches to fingers
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WebThe franchise fees provided nearly $2.5 million for the Township annually. This revenue allowed the Township to keep tax rates low on residents and businesses and provide a stable revenue source to address major capital improvements needs with its facilities, public safety, and parks. WebApr 5, 2024 · EAST LANSING, Mich. (WILX) - An Ingham County Circuit Court judge has ruled that certain fees, the city of East Lansing charged people living there are against the law. The fees are... WebMar 11, 2024 · Acrisure East Lansing, MI Job Description · Senior Treasury Analyst · About Acrisure · Acrisure is a fast-growing fintech leader that operates a global insurance broker. The Company has grown from $38 million to $4 billion in revenue since 2013 and deploys the best of Human and High Tech at scale to reima ... Director of Business Development inches to feet to inches