The 2010 franchise fee payments total more than $118 million and represent nearly $28 million for gas and more than $90 million for electric service.
A franchise fee is a percentage of gross receipts that PG&E pays cities and counties for the right to use public streets to run gas and electric service.
The property tax payments total more than $140 million, representing full and timely payment of property taxes due for the period from Jan. 1 to June 30, 2011.
The company’s tax payments to counties for tax year 2010/11 increased by almost $29 million over the previous property tax year’s payments as a result of an increase in assessments due to PG&E’s infrastructure investments and an overall increase in tax rates.
A full listing of county-by-county property tax payments is included below.
Pacific Gas and Electric Company Property Tax Payments, Tax Year 2010/11, 2nd Installment
ALAMEDA – $14,328,734
ALPINE – $52,389
AMADOR – $819,132
BUTTE – $2,617,655
CALAVERAS – $562,179
COLUSA – $1,620,928
CONTRA COSTA – $12,453,098
EL DORADO – $1,054,507
FRESNO – $10,547,337
GLENN – $517,785
HUMBOLDT – $1,491,984
KERN – $4,552,499
KINGS – $795,882
LAKE – $532,281
LASSEN – $41,317
MADERA – $1,220,470
MARIN – $1,937,436
MARIPOSA – $264,995
MENDOCINO – $926,923
MERCED – $1,831,959
MODOC – $214,011
MONTEREY – $2,244,902
NAPA – $1,372,106
NEVADA – $859,345
PLACER – $3,159,734
PLUMAS – $1,829,049
SACRAMENTO – $2,708,375
SAN BENITO – $449,703
SAN BERNARDINO – $620,343
SAN FRANCISCO – $8,593,583
SAN JOAQUIN – $6,192,097
SAN LUIS OBISPO – $13,112,814
SAN MATEO – $6,629,646
SANTA BARBARA – $684,621
SANTA CLARA – $15,278,718
SANTA CRUZ – $1,121,266
SHASTA – $3,744,287
SIERRA – $61,552
SISKIYOU – $110,040
SOLANO – $3,519,269
SONOMA – $3,952,088
STANISLAUS – $1,005,425
SUTTER – $761,117
TEHAMA – $880,740
TRINITY – $90,611
TULARE – $350,211
TUOLUMNE – $532,372
YOLO – $1,385,917
YUBA – $1,053,579
Total second installment tax payment: $140,687,013