OPPD IN-LIEU-OF-TAX payments exceed $29 million. The Omaha Public Power District’s payments to 11 counties in the utility’s service territory represent a new record by nearly $1.88 million.
The payments are based on 5 percent of OPPD’s gross revenues from retail sales of electricity during the previous year.
OPPD’s payment to Cass County totaled $231,286, about $8,400 more than the county received the previous year.
The Cassgram reports the payments take the place of property taxes, as well as some other taxes. In addition to the in-lieu-of-tax payments, OPPD pays general sales taxes, gasoline taxes, wheel taxes, motor vehicle license fees and permit fees like any other business.