Franchise fee to start in Coralville - KWWL - Eastern Iowa Breaking News, Weather, Closings

Franchise fee to start in Coralville

CORALVILLE (KWWL)-- This summer, Coralville residents and business owners will see an increase in their gas and electric bills.

This week the city council approved a one percent franchise fee. It'll be assessed monthly on MidAmerican Energy and Linn County Rural Electric Cooperative bills.

City officials say without the franchise fee, they'd be required to increase property taxes by 2 and a half percent to cover budget expenses.

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