Ordinance setting franchise tax was passed by Jay council in 1953
The Jay council is considering possible ways to generate revenue for the town and discussed the town's current Municipal Public Service Tax (MPST) ordinance at Monday night's meeting.
Municipal Public Service Tax is levied on six utility services: electric, fuel oil/kerosene, LP gas, manufactured gas, natural gas, and water. Currently, the town of Jay earns $1,200 a month currently.
Operations Manager Eric Seib reported there is an ordinance from 1953 that set a 10 percent charge for every sale of electricity in the town of Jay, with a $3 cap on that charge. He noted that $3 in 1953 is $27...