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Contributions In Lieu of Taxes State law says “a city owning and operating a municipal electric system ... shall ... pay to itself not less than three percent of the system’s annual gross operating revenue.” In 1955, EWEB began making payments at the 6 percent rate at the request of the City Council. Changes to the City Charter in 1976 stated that this rate of payment “shall continue until changed by agreement between the Board and the Council.” In addition, EWEB has made voluntary in lieu of tax payments to other local entities such as Lane Community College and the City of Springfield. EWEB also pays a portion of its steam and wholesale power revenues to the city of Eugene. The utility has made CILT payments since 1943 and has contributed approximately $216 million over the years. CILT payments made by EWEB in 2004:
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