Business » Accounting » Transparency Initiatives
Under Oklahoma statute, cities can impose a fee on utility companies and cable providers that use the public rights-of-way to deliver service. Franchise fees are collected from Oklahoma Natural Gas (ONG), Oklahoma Gas & Electric (OG&E), Southwestern Bell Company (SBC) and Optimum/Suddenlink Cable. Natural gas and electric franchises are governed by formal agreements, while cable and telephone franchise payments are paid based on right-of-way licensing fees, found in the Enid Municipal Code. Franchise fee revenue makes up approximately 4% of General Fund revenue.
