Friday, June 5, 2015

USA, Nevada:

Geothermal Production Taxes Boost County Coffers (Nevada Appeal)

Thirteen of Nevada’s 17 counties reported increases in total taxable sales in March with Churchill County showing the top performance, a 30.9 percent jump to $31.96 million in taxable sales, due in part because of geothermal activity, said Churchill County comptroller Alan Kalt.

According to Kalt, the Utilities category increased from $92,663 a year ago to $8.75 million in March due to tax abatements.

“Year-to-year taxable sales were up 17 percent from the prior year on a month-to-month basis for March,” Kalt said in written comments prepared for the county commissioners. “The DFA (Dairy Farmers of America) and Patua Geothermal Plant tax abatements that significantly impacted the actual level of increase from the prior year corrected the amount.

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