(A) Gas charge. All natural gas rates shall be adjusted on each billing by a projection of the annual cost of gas to be purchased, divided by the projected volume to be billed to the customers based upon the last July through June year. The result shall be known as the Gas Charge.
(B) Taxes. All billings shall be subject to any tax imposed on the sale or distribution of natural gas by the city. Any such tax shall be added to the rate for service by computation of a percentage factor equivalent or “increment” to the effect of the tax.
(1993 Code, § 38-2-23) (Ord. 726, passed 2-3-1986; Am. Ord. 845, passed 9-3-1991)