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OCTOBER 2012  PAGE 11 OPERATIONS UPDATE MONTHLY REPORT


CEC works to upgrade line


Choctaw Electric field crews continue to work on the three-phase line along Hollis Roberts Road west of Hugo. Members in that area may notice minor interruptions in their service as work progresses. CEC will try to contact members prior to any maintenance- related outage. Your patience is appreciated.


To curtail snake-related outages, Western Farmers Electric Cooperative recently installed an additional snake-proof fence at the West Bank substation near Speer. The fence is designed to discourage snakes from crawling inside the substation where they


like to hunt for nesting birds.


Choctaw Electric Cooperative thanks members for helping the co-op curb its summer peak demand by conserving energy during peak periods. Member cooperation and a slightly less brutal heat wave this summer resulted in lower system peaks. Thank you for your cooperation!


Co-op tax


benefits schools Choctaw Electric Cooperative (CEC) is a non-profit organization, so many people believe the co-op does not pay taxes. The truth is, CEC pays thousands of dollars in gross receipts taxes to the Oklahoma Tax Commission every year. The tax is equal to two percent of the total gross receipts on the sale of electricity.


Local schools receives 95 percent of gross receipts taxes paid to the Oklahoma Tax Commission. The amount that each school receives is determined by the miles of line in its district.


The gross receipts tax chart (right) is published monthly in the newsletter and shows the monthly distribution paid to each school district.


For fiscal year 2011 Choctaw Electric Cooperative paid $757,655.39 on 3,516 miles of line to 28 school districts.


Rural Electric taxes collected


for local schools (For August 2012 collections)


Choctaw Electric Cooperative gross receipts taxes are collected by the state and distributed to local schools. The amount each school receives is based on the number of miles of CEC line in the school district. Ninety-five percent is distributed to schools. The remaining five percent is retained by the state.


SCHOOL Lane


Farris


Bennington Grant Swink


Boswell


Ft. Towson Soper Hugo


Whitesboro Forest Grove Lukfata Glover


Denison


Holly Creek Idabel


Haworth Valliant


Eagletown Smithville Wright City Battiest


Broken Bow Nashoba Rattan Clayton Antlers Moyers


TOTALS 95% paid to schools


5% paid to state 100% paid by CEC


CURRENT MONTH $12.47


$2,788.34 $194.36


$3,192.35 $589.20


$1,936.54 $4,209.10 $3,123.88 $5,084.90 $223.30


$1,761.71 $1,305.70 $1,509.23 $1,115.57 $1,453.00 $2,857.05 $6,122.33 $4,181.57 $2,208.79 $4,426.99 $2,291.38 $4,486.52 $6,097.40 $1,673.00 $6,832.02 $1,263.58 $8,121.00 $2,620.57


YEAR-TO-DATE $21.83


$4,881.19 $340.25


$5,588.45 $1,031.44 $3,390.06 $7,368.34 $5,468.58 $8,901.48 $390.90


$3,084.00 $2,285.72 $2,642.02 $1,1952.90 $2,543.58 $5,001.47 $10,717.60 $7,320.14 $3,866.65 $7,853.98 $4,011.23 $7,853.98 $10,673.95 $2,928.71 $11,959.95 $2,211.99 $14,216.42 $4,587.50


CO-OP


$81,681.85 $4,299.05 $85,980.90


SOURCE: OKLAHOMA TAX COMMISSION


$142,990.10 $7,525.80


$150,515.90


CEC


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