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Higher PGE Property Tax Payment For Nevada Co

Posted: Jan. 5, 2017 5:56 PM PST

Nevada County is getting a little more generous property tax payment from PG and E. County Auditor-Controller Marsha Salter says the latest semi-annual installment, of 1-point-zero-8 million dollars, is up about 6%. The utility owns property and operates gas and electric infrastructure that serves 16-million Californians…

click to listen to Marsha Salter

Salter says the money is shared in a number of ways…

click to listen to Marsha Salter

Salter says that amounts to about $574,000 when you tally up both payments for 2016 which is discretionary general fund money. The Board of Supervisors decide where to spend it. PG and E’s chief financial officer says the higher payments reflect substantial local investments they are making in their infrastructure, to create one of the safest and most reliable utility systems in the country.

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