City Approves $4.7 Million Utility Reimbursement
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Description
Danville City Council approved a reimbursement to Danville Utilities in the amount of $4,700,000, funded by excess casino gaming taxes. The one-time transfer covers the Gas and Electric Funds during Fiscal Year 2026.
Contract Details
Contract Amount
$4,700,000
Vendor
DANVILLE UTILITIES
Agency
City of Danville, VA
Contract Type
UTILITIES
Document Date
June 16, 2026
Contract Term
Fiscal Year 2026
Renewal Date
2026-06-30
Renewal Info
One-time expenditure, not recurring.
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