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News Releases : OPPD makes nearly $34 million in payments in lieu of tax

Omaha Public Power District distributed nearly $34 million today for in-lieu-of-tax payments to 11 southeast Nebraska counties. That’s up slightly from nearly $33.9 million distributed last year.

“This is one way we, as a public power utility, give back to our customers and contribute to our communities,” said OPPD Board Chair Craig Moody. “We know that these funds will be put to good use within the counties we serve.”

In-lieu-of-tax payment amounts are based on 5% 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, motor vehicle license fees and permit fees like any other business.

Below are the payments made to each county (rounded to the nearest dollar):           

Douglas:  $26,957,456
Sarpy:  $5,540,436
Washington:  $650,426
Saunders:  $320,521
Cass:  $279,762
Dodge:  $143,759
Nemaha:  $40,352
Johnson:  $15,023
Richardson:  $13,717
Otoe:  $4,122
Colfax:  $4,316