Davidson News

Davidson News

Utility Regulators Approve Reduced Peoples Gas Rate Hike Amid Controversy

Utility Regulators Approve Reduced Peoples Gas Rate Hike Amid Controversy

In a recent decision impacting Chicago residents, utility regulators have greenlit a modified rate increase for Peoples Gas, albeit significantly lower than the initially proposed amount. The Illinois Commerce Commission (ICC) unanimously agreed to slash the gas provider’s requested hike from nearly $8 million to $1.5 million. The move comes amidst heated debates surrounding the … Read more

Memphis Mayor Proposes 75-Cent Property Tax Hike Amid Concerns and Budget Priorities

Memphis Mayor Proposes 75-Cent Property Tax Hike Amid Concerns and Budget Priorities

Memphis Mayor Paul Young has put forth a proposal for a 75-cent property tax increase, sparking concerns from local business leaders and residents alike. The Greater Memphis Chamber has released a statement urging elected officials to explore alternatives to this tax hike, fearing its potential chilling effect on business investment in the city. Mayor Young … Read more