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):