§ 6299 Franchise Gross Receipts Reporting

• •If you get a franchise (like permission to sell a utility service), you must report your total earnings every year.
• •You have to send this report to the city clerk within 3 months after the year ends.
• •The report must show all the money you made from selling the service.
• •This rule starts right after you get the franchise and continues every year.

You own a company that provides water services to a town.

Every year, you must tell the town how much money you made from selling water. You have to do this within 3 months after the year ends, like by March 31st for the previous year.