Saturday, 18 May 2024

PG&E pays $286 million in property tax, franchise fees to California cities and counties

LAKE COUNTY, Calif. – Pacific Gas and Electric Co. reported Monday that it has paid franchise fees and property taxes of almost $286 million to the 49 counties and 243 cities in which it operates, with more than $1.1 million paid to Lake County's three local governments.

The 2011 franchise fee payments total more than $138 million – nearly $41 million for natural gas and more than $97 million for electric service. This sum is $582,308 more than last year’s payments.

Franchise fees are payments that PG&E makes to cities and counties for the right to use public streets for its gas and electric facilities.

PG&E’s property tax payments of $148 million cover the period from Jan. 1 to June 30, 2012. Total payments for the fiscal year 2011-2012 were $296 million.

The company’s property tax payments to counties for tax year 2011-12 increased by $14.6 million over the previous year’s payments as a result of an increase in assessments reflecting PG&E’s infrastructure investments and an overall increase in tax rates.

Property taxes paid to North Coast counties include Sonoma, $4,102,467.81; Humboldt, $1,830,956.53; Mendocino, $1,015,188.27; and Lake, $563,381.46, totaling $7,511,994.07.

Franchise fees paid for electric services to the county of Lake totaled $397,727.19, while the city of Lakeport received $32,570.41 and Clearlake received $123,153.09.

Payments to Lake County and the cities of Lakeport and Clearlake for franchise fees and property taxes totaled approximately $1,116,832.10.

The full list of PG&E franchise payments to all North Coast cities and counties follows.    
    
City/County     Electric     Gas     Grand Total
Arcata         $64,272.80     $46,791.37     $111,064.17
Blue Lake     $5,426.11     $5,024.05     $10,450.16
Clearlake     $123,153.09         -       $123,153.09
Cloverdale     $29,957.02     $17,837.45     $47,794.47
Cotati        $52,675.84     $16,065.60     $68,741.44
Eureka     $143,325.31     $92,195.37     $235,520.68
Ferndale     $6,208.93                -       $6,208.93
Fort Bragg     $37,792.80                  -       $37,792.80
Fortuna     $36,670.10     $28,569.88     $65,239.98
Healdsburg     $6,143.11     $35,550.17     $41,693.28
Lakeport     $32,570.41                   -       $32,570.41
Petaluma     $267,205.93     $162,460.01     $429,665.94
Point Arena     $5,354.98           -       $5,354.98
Rio Dell     $23,715.92     $6,530.82     $30,246.74
Rohnert Park     $285,386.31     $82,293.43     $367,679.74
Santa Rosa     $689,714.05     $401,323.93     $1,091,037.98
Sebastopol     $38,584.86     $23,561.88     $62,146.74
Sonoma     $53,389.11     $36,953.02     $90,342.13
Trinidad     $8,411.33                   -       $8,411.33
Ukiah         $2,705.89     $42,921.70     $45,627.59
Willits         $59,634.71     $16,036.30     $75,671.01
Windsor     $189,155.20     $56,068.70     $245,223.90
Humboldt Co. $493,775.59     $103,535.69     $597,311.28
Lake County     $397,727.19     -         $397,727.19
Mendocino Co. $493,258.14    $39,826.29     $533,094.33
Sonoma County     $1,056,644.71     $242,960.03     $1,299,604.74
Grand Total     $4,602,859.44     $1,456,515.69     $6,059,375.13

Upcoming Calendar

18May
05.18.2024 7:30 am - 1:00 pm
Inaugural veterans charity run
18May
05.18.2024 8:00 am - 11:00 am
Sheriff’s Activity League benefit breakfast
18May
05.18.2024 10:00 am - 1:00 pm
Farmers' Market at the Mercantile
18May
05.18.2024 10:00 am - 05.19.2024 4:00 pm
Buckingham Test and Tune
18May
05.18.2024 5:30 pm - 7:30 pm
Land Trust benefit
21May
05.21.2024 10:00 am - 1:00 pm
Farmers' Market at Library Park
22May
05.22.2024 1:00 pm - 5:00 pm
Lake Leadership Forum
25May
05.25.2024 10:00 am - 1:00 pm
Farmers' Market at the Mercantile
27May
05.27.2024
Memorial Day

Mini Calendar

loader

LCNews

Award winning journalism on the shores of Clear Lake. 

 

Newsletter

Enter your email here to make sure you get the daily headlines.

You'll receive one daily headline email and breaking news alerts.
No spam.