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Mid-American Energy reports tax payments to IA counties

News

October 4th, 2011 by Ric Hanson

Officials with Mid-American Energy have reported their semi-annual property tax payments to Iowa counties, schools and cities for the 2011-2012 fiscal year. All together, the company has paid more than $45.7-million, which they say makes them the largest property tax-paying entity in the state.

In this area: nearly $299,520 was paid to Cass County on September 30th; Adair County received more than $419,335; Adams County $66,220; Audubon County $155,758;Guthrie County, $14,269; and Montgomery County, $343,182.

Pottawattamie County received the biggest chunk in property tax payments from Mid-American, at slightly more than $4.2-million dollars. Shelby County has received a nearly $119,000 payment. The same amounts will also be distributed to each of those counties on March 31st, 2012.

The single largest tax bill installment of more than $12.1-million was paid to Polk County. Mid-American Energy, which is headquartered in Des Moines, and is Iowa’s largest energy company, provides electric service to 729,000 customers, and natural gas service to 709,000 customers in Iowa, Illinois, Nebraska and South Dakota.