PROPERTY TAX RECOVERY CHARGE
(formerly Property Tax Surcharge or Ad Valorem Charge)
The Property Tax Recovery Charge (PTRC) is a charge equal to 3.65% of all eligible telecommunications and interconnected VoIP service charges, excluding Taxes, appearing on a Customerís invoice. †Company imposes the PTRC to recover a portion of the property tax that it pays to state and local jurisdictions.† This is a Company charge, not a Tax or fee that the government requires Company to collect. The charge applies to the PTRC.