August 2013
A Supplement of Oklahoma Living Published by Lake Region Electric Cooperative for its members. Vol. 4
Energy Efficiency Tip of the Month
When shopping for a new appliance, consider lifetime operation costs as well as the up-front purchase price. Refrigerators last an average of 12 years, clothes washers about 11, and dishwashers about 10. Check the Energy Guide label for the appliance’s estimated yearly operating cost, and look for ENERGY STAR units, which usually exceed minimum federal standards for efficiency and quality.
Source: U.S. Department of Energy
Electric Co-ops Support Local Schools Gross receipts tax provides much needed money for rural schools When it comes to supporting local schools,
electric cooperatives earn an A+. Every year, Oklahoma co-ops pay millions in tax revenues to rural schools via the electric cooperative gross re- ceipts tax. Electric co-ops pay gross receipts tax to the
Powerline Press $$$$$$$
NEWSLETTER No. 8
School District
Oklahoma Tax Commission. The Tax Commis- sion then distributes 95 percent of these funds to schools based on the number of miles of coopera- tive lines in each school district. It is worth noting that investor-owned utilities pay advalorem taxes, but only 50 to 60 percent of these funds go to schools. In 2012, Lake Region Electric Cooperative (LREC) paid $710,516.61 in gross receipts tax. These funds benefit 34 schools in LREC’s service territory.
The chart (on the right) shows the allocation
of school funds in LREC’s area. Tax distribu- tion varies from school to school because some school districts have more miles of coopera- tive lines.
Because rural schools ben- efit directly from these taxes, LREC and
other
Oklahoma electric coop- eratives firmly support this program. Over the years, various propos- als to change the tax structure would have di- verted funds away from rural schools. These plans were met with opposition from rural school leaders and electric cooperative officials.
LREC Powerline Press Kansas
Fort Gibson Oaks Mission Hulbert Haskell Tahlequah Keys
Lowery Norwood Woodall
Shady Grove Peggs
Grandview Briggs Tenkiller Okay
Catoosa
Broken Arrow Porter Coweta Wagoner
Chouteau/Mazie Wickliffe
Locust Grove Skelly Westville Webber Falls Muskogee Braggs
Inola/Gregory Leach
Spavinaw Moseley Gore
Miles of Line
48.55
113.24 82.63 256.20 19.88 340.80 215.93 126.36 94.35 61.53 68.19 148.84 132.67 74.43 0.59 66.80 19.21 19.30 182.69 234.17 376.67 16.59 1.61
154.19 8.45 6.07
11.98 2.94 72.98 68.29 1.26 0.16 0.14 0.90
$11,825.68 $26,557.78 $19,380.24 $60,084.43 $4,661.26 $80,395.71 $50,642.08 $29,634.61 $22,128.43 $14,430.45 $15,992.50 $34,907.74 $31,114.18 $17,454.53 $138.02 $15,667.40 $4,506.19 $4,525.54 $42,611.33 $54,918.81 $88,337.48 $3,890.56 $378.66 $36,162.45 $1,981.67 $1,422.96 $2,807.03 $688.59
$17,116.16 $16,015.27 $296.49 $38.06 $32.22 $212.10
1 Tax Allocation to Local Schools
Taxes paid in 2012
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