Thu, Aug 27, 2015
Keyword  

       

Electric provider second highest taxpayer in Rutherford County for 2012

  Email   Print
MTEMC Murfreesboro Customer Accounting Coordinator Susanne Taylor hands a $1,518,236 check to Rutherford County Trustee Teb Batey. It was MTEMC’s annual ad valorem tax payment, which was the county’s second largest.

Middle Tennessee Electric’s 2012 tax payment was one of the largest in each of the primary counties it serves. 

The electric cooperative pays out ad valorem (“according to the value of”) taxes annually. The tax is based on ­­­­­the assessed value of Middle Tennessee Electric’s infrastructure — buildings, substations, transformers, poles, lines. 

The cooperative’s total ad valorem tax payout across its service area for 2012 was approximately $4.9 million. 

In Rutherford County , Middle Tennessee Electric was the second highest taxpayer, behind Nissan. Middle Tennessee Electric’s Rutherford County ad valorem payout was $1,518,236. In addition, a check for $258,301 was made out to Murfreesboro and Smyrna received $65,847.

MTEMC’s tax payment was the largest in Wilson County . MTEMC paid out $1,263,656 in total taxes to the county. In addition, tax payments were also made to Lebanon for $59,677; Mt. Juliet received $6,697, and Watertown was paid $6,670. 

MTEMC’s tax payment was Cannon County ’s largest. The ad valorem tax total in the county was $220,087. Also, $20,733 was paid out to the city of Woodbury . 

In Williamson County , Middle Tennessee Electric was fifth on the list of the county’s top taxpayers, paying out $1,368,224. In addition, tax payments were made to the city of Brentwood for $12,795; Fairview received $10,338, and $50,527 was paid to Franklin. 

Source

Middle Tennessee Electric

Related Articles
Read more from:
News
Tags: 
MTEMC, Rutherford County, taxpayers, Teb Batey
    
  Email   Print

Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: