.

PG&E Pumps $15.5 Million into County Coffers

The public utility company paid the first installment of its property taxes.

PG&E's first installments of its property tax bills were submitted last week. (Photo: Patch Archive)
PG&E's first installments of its property tax bills were submitted last week. (Photo: Patch Archive)

By Bea Karnes

PG&E paid its property taxes to counties in Northern and Central California last week. The total is an eye-popping $158 million.

Here in Alameda County the figure is $15,578,098.84.

The payments are the first of two installments. The next payments are due on April 10.

"Local governments must address public safety, environmental protection, education and other needs with limited financial resources," said Mark Caron, PG&E's vice president of tax. "PG&E's timely and substantial payments to local governments help them address those vital community services."

The company's tax payments to counties increased by more than $2 million over last year as property values climbed and PG&E invested in infrastructure.

PG&E serves about 15 million people in Northern and Central California.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something