Village of Elnora Council Meeting Agenda April 2026
ATCO Electric Files 2025 Franchise Report for Elnora
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Description
ATCO Electric submitted its 2025 franchise report to the Village of Elnora, detailing $329,371 in wires distribution revenue and a 1.5% franchise fee generating $4,941 for the village. The report forecasts similar franchise fee and tax payments for 2026 and summarizes reliability and community engagement activities.
Contract Details
Contract Amount
Franchise fee $4,941 (2025 actual), forecast $4,932 (2026); Distribution linear taxes $4,697 (2025), $4,925 (2026)
Vendor
ATCO ELECTRIC
Agency
Town of Elnora, IN
Contract Type
UTILITIES
Document Date
April 14, 2026
Contract Term
Franchise relationship since 1940; 2025 report with 2026 forecast
Renewal Info
Existing franchise agreement continues; report notes that a 1% increase in franchise fee would generate approximately $3,293 more annually based on 2025 revenue.
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