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LREC and its members pay $706,101 in Gross Receipts Tax to Local School Districts.


There are many advantages to being a member of an electric  positive impact it can have on your community.


School District


Miles of Line


Braggs Briggs


Broken Arrow Catoosa


Chouteau/Mazie Coweta


Fort Gibson Gore


Grandview Haskell Hulbert


Inola/Gregory Kansas Keys Leach


Locust Grove Lowery Moseley Muskogee Norwood


Oaks Mission Okay Peggs Porter


Shady Grove Skelly


Spavinaw Tahlequah Tenkiller Wagoner Webber Falls Westville Wickliffe Woodall


Total:


74.91 74.66 19.29 18.43 17.13 235.81 115.41 0.90


133.79 19.82 259.47 68.76 49.54 217.64 1.26


157.07 128.11 0.13 2.93 94.83 83.87 66.11 149.95 183.47 68.93 8.44 0.16


347.51 0.79


376.98 12.52 6.06 1.61 62.70


3059.17 $$$$$$$


Taxes paid in 2015


$17,292.27 $17,233.75 $4,453.95 $4,253.99 $3,955.47 $54,429.00 $26,639.80 $208.75 $30,882.05 $4,576.00 $59,889.81 $15,873.03 $11,436.72 $50,235.74 $291.80 $36,255.86 $29,570.51 $31.71 $677.70 $21,888.74 $19,359.97 $15,260.47 $34,611.76 $42,349.90 $15,911.04 $1,950.32 $37.46


$80,211.75 $182.78 $87,013.55 $2,890.22 $1,400.45 $372.67 $14,472.79


$706,101.78 LREC Powerline Press 3


It is hard to think of taxes in a positive way, but schools in the Lake Region Electric Cooperative area get a big boost each year from the gross receipts tax paid by its members. On a percentage basis, electric cooperatives contribute more tax dollars to local school districts than do other utilities. In Oklahoma a 2 percent gross receipts tax on revenue is paid by both the wholesale and retail level. Investor-owned


utilities pay ad valorem taxes instead of a gross receipts tax. Only a percent of this tax goes to school districts within which they own property. Municipal utilities contribute no tax money to public schools in Oklahoma.


The Oklahoma Tax Commission oversees the apportionment of the gross receipts tax. The amount paid to each school is based upon the number of miles of power lines that LREC has in each school district.     - rectly from these taxes, LREC and other Oklahoma electric cooperatives  years, various proposals to change the tax structure would have diverted funds away from rural schools. These plans were met with opposition from rural school leaders and electric co- 


When it comes to supporting local schools, electric coopera- tives earn an A+. Every year, Oklahoma co-ops pay millions in tax revenues to rural schools via the electric cooperative gross receipts tax.


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