Today, the Omaha Public Power District distributed nearly $33.1 million in 2016 in-lieu-of-tax payments to 11 southeast Nebraska counties. This compares with $31.2 million distributed the previous year.
“These payments demonstrate public power’s commitment to our customer-owners and neighbors within the local communities we serve,” said OPPD Board Chair Tim Gay.
“It’s an honor to present these funds on behalf of OPPD,” he said.
In-lieu-of-tax payment amounts are based on 5 percent of OPPD’s gross revenues from the previous year’s retail electricity sales in incorporated cities and towns, and they take the place of property taxes. County treasurers distribute the funds to school districts, cities and other entities to fund needed services and improvements.
In addition to in-lieu-of-tax payments, the district pays general sales taxes, gasoline taxes, wheel taxes, motor vehicle license fees and permit fees like any other business.
The payments (rounded to the nearest dollar) made to each county today are as follows: