Revenues · Taxes
3050 Franchise Taxes
Since 2026.03
- What it is
- Franchise taxes include taxes or franchise fees imposed for the right to operate utilities or other businesses in the public right-of-way.
- Accounting note
- Maintain franchise agreements and remittance schedules; separate franchise taxes vs rent/lease income if needed.
- Examples
- Cable franchise revenue; utility franchise revenue.
- Do not use for
- Right-of-way rents (use 3400) if structured as rent rather than tax/franchise.
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | Form 16 R19 FranchisesGENREV_FRANCHISES General column when the function is 0000, Functional column otherwise. |
| Government-wide ledger (980) | Not reported. Government-wide revenues and expenses are not reported; the FTR uses fund-basis activity. |
| Enterprise funds (water example) | Form 12 R58 Other Nonoperating RevenuesOTHR_NONOP_REV Taxes allocated to a proprietary fund report as other nonoperating revenue. |
| Internal service funds | Form 03 R15 Other Nonoperating RevenuesOTHR_NONOP_REV Taxes allocated to a proprietary fund report as other nonoperating revenue. |
| Fiduciary funds (pension trust example) | Form 30.5 R15.5 Tax RevenuesPEN_TAX_REV Column for the trust or custodial fund type. |
Enterprise placement is shown for a water fund; other enterprise funds use the same line on their own form. Check any combination in the FTR finder.