Sunday, 29 September 2024

PG&E makes $259 million in franchise fee, property tax payments to California cities, counties

SAN FRANCISCO, Calif. – Pacific Gas and Electric Co. (PG&E) announced it has made franchise fees and property tax payments totaling almost $259 million to the 49 counties and 244 cities in which it operates. The last payments were made by Friday, April 15.


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

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