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Monroe Gas Franchise Debate Spurs City Revenue Questions
The Monroe governing body weighs a revenue bond plan funded solely by gas system income to avoid new taxes. A private sale could shift $1–2 million yearly losses from city funds, while analysts project revenues from gas sales at 8.5 to 9.3 cents per cubic foot for residents and businesses with a 1972–1978 profit outlook near $3 million.
MENTIONED IN THIS ARTICLE
Monroe News Star
Monroe
City of Monroe
Pennzoil
City Power
Monroe Utilities Commission
United Gas Pipe Line Co
Citizens’ Committee On Gas
Citizens’ Committee
Ford, Bacon & Davis, Inc
New York City
United
Idevan
Loop Road
Sharon
Louisiana
Utilities Commission
General Fund
Eas
Interstate Pipeline Company