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Currently, phone directory revenue subsidizes basic telephone service. The provisions of this bill mandate a rate adjustment for the incumbent telephone company, removing the phone directory subsidy of approximately $30,000,000. The bill also requires a rate proceeding to adjust telephone rates by this

 

FY 99 Approp. FY 00 Approp. FY 99 Revenue FY 00 Revenue
General Fund $51,500 $103,000 $280,000 $560,000
Uniform School Fund $12,700 $25,400 $0 $0
Federal Funds $9,300 $18,600 $0 $0
Dedicated Credits Revenue $5,100 $10,200 $0 $0
Other $3,400 $6,800 $0 $0
Local Revenue $56,000 $112,000 $93,000 $186,000
TOTAL $138,000 $276,000 $373,000 $746,000

 

Office of the Legislative Fiscal Analyst

2/25/1998 4:41:46 PM

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