Tax Dollars Pour Into County, Town From MTEMC
Wednesday, February 22, 2012 7:12 am
Middle Tennessee Electric’s 2011 tax payment was one of the largest in each of the primary counties it serves.
The cooperative’s total ad valorem tax payout across its service area for 2011 was approximately $4.8 million.
MTEMC’s tax payment was Cannon County’s largest. The ad valorem tax total in the county was $218,371. Also, $20,582 was paid out to the city of Woodbury.
In Rutherford County, Middle Tennessee Electric was the second highest taxpayer, behind Nissan. Middle Tennessee Electric’s Rutherford County ad valorem payout was $1,486,855. In addition, a check for $240,665 was made out to Murfreesboro and Smyrna received $66,031.