TVA Board Meeting - FY24 Financial plan and budget- Reso-Memo
2. Estimation of Tax Equivalent Payments for Fiscal Year 2024
The Proposed Board Resolution would authorize TVA to make estimated payments in fiscal year 2024 in accordance with established procedures until the Board makes a final determination of the amounts due for fiscal year 2024. The estimated payments for fiscal year 2024 will be based on 98 percent of the estimated annual payments to states for fiscal year 2024 (to allow for accounting adjustments) and 100 percent of the estimated annual payments to counties for fiscal year 2024, subject to such adjustments during the fiscal year as may be necessary to make the respective sums of the payments conform to the total amounts finally determined to be payable for fiscal year 2024.
196
Made with FlippingBook - Online Brochure Maker