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HomeMy WebLinkAbout*Other - TreasurerTO: GRANT COUNTY COMMISSIONERS FROM: DARRYL PHEASANT GRANT COUNTY TREASUREIz, DATE: MARCH 22, 2023 RE: PUD PRIVILEGE TAX According to RCW 54.28.090, the county legislative authority shall direct the county treasurer to distribute these funds to each taxing district in the county other than school districts in a manner they deem most equitable, except not less than an amount equal to .750 of the gross revenue obtained by a district from the sale of electrical energy within any unincorporated city or town shall be remitted to such city or town. Attached is a copy of the computation of the cities, and towns, portion which amounts to a total of $1,201,978.96 and monies to go directly to Fire 8 General and North Central Regional Library. The balance of $2,635,,993.60 is to be distributed according to your our direction. Assuming the amount will be disbursed the same as last year, the numbers would be as follows: Current Expense $2,635,993.60 Joint Library 493.68 Fire District 8 614.22 Cities and Towns 11201,978.96 $3,833,504.34 Total Received MAR 1 V21 i A "4•T to I (SWIL C-- M rA 10 E2 4 fa C9 a BELOW IS THE 2023 DISTRIBUTION OF PUD PRIVILEGE TAXES THAT WILL BE RECEIVED BY THE COUNTY FOR THE CITIES AND TOWNS AND INCLUDED IN THE MAY 10TH ACH DEPOSIT INTO YOUR ACCOUNT. UNICORPORATED TOWNS AND COUNTY BEVERLY 194,091.21 GRANT COUNTY 861777,162.34 86,971,253.55 TOTAL COUNTY LAST YEAR DIFFERENCE % INCREASE rough estimate PUD PRIVILEGE TAX LAST YEAR 172,615.20 84, 365, 925.30 247,235,114.75 (does not include dam generation Resale Tax) 20214521436.45 44, 782, 678.30 22.12% 0.00 31833,504.34 31398,035.65 893,965.71 cities 308,013.25 34.45% Retail Sales ReSale Tax 3,163, 797.67 668, 043.70 2, 744, 734.99 6511473.68 This worksheet only includes info for only one of 3 factors for total amount paid by PUD to the State. The other two factors are for the two dams power generation that is sold to other locations There is no data available provided that can be used to compare to the year before. 2022 GROSS SALES OF ELECTRICITY PROCEEDS INCORPORATED TOWNS AND CITIES 2021 Gross Sales COULEE CITY 5651425.91 0.0075 41240.69 5181429.99 ELECTRIC CITY 11026,684.98 0.0075 71700.14 8741775.52 EPHRATA 614121212.14 0.0075 48,091.59 577927071.79 GEORGE 8341170.91 0.0075 61256.28 657, 832.35 GRAND COULEE 171337153.93 0.0075 81498.65 1, 074, 917.58 HARTLI N E 165, 529.93 0.0075 1,241.47 153, 333.12 MARLIN 60, 051.86 0.0075 450.39 56, 938.47 MATTAWA 1,458, 983.58 0.0075 10,942.38 113607177.27 MOSES LAKE 4411707697.05 0.0075 331,280.23 42,897,786.46 Q U I N CY 96, 634, 710.46 0.0075 724,760.33 77, 312,148.10 ROYAL CITY 1,161, 734.48 0.0075 81713.01 1, 049, 987.16 SOAP LAKE 1,282, 380.76 0.0075 91617.86 1,164, 920.04 WARDEN 5,128, 390.13 0.0075 38,462.93 4, 956, 793.30 WILSON CREEK 2291735.08 0.0075 11723.01 213,387.12 160,2637861.20 13201,978.96 13810837498.27 UNICORPORATED TOWNS AND COUNTY BEVERLY 194,091.21 GRANT COUNTY 861777,162.34 86,971,253.55 TOTAL COUNTY LAST YEAR DIFFERENCE % INCREASE rough estimate PUD PRIVILEGE TAX LAST YEAR 172,615.20 84, 365, 925.30 247,235,114.75 (does not include dam generation Resale Tax) 20214521436.45 44, 782, 678.30 22.12% 0.00 31833,504.34 31398,035.65 893,965.71 cities 308,013.25 34.45% Retail Sales ReSale Tax 3,163, 797.67 668, 043.70 2, 744, 734.99 6511473.68 This worksheet only includes info for only one of 3 factors for total amount paid by PUD to the State. The other two factors are for the two dams power generation that is sold to other locations There is no data available provided that can be used to compare to the year before. BOARD OF COUNTY COMMISSIONERS Grant County, Washington RESOLUTION No. 23- -CC WHEREAS, the Grant County Treasurer has advised that Grant County's portion of the PUD Privilege Tax will be deposited in the County's depository account in the amount of $3,833,504.34. Coulee City 49240.69 Electric City 7,700.14 Ephrata 489091.59 George 69256.28 Grand Coulee 89498.65 Hartline 1,241.47 Marlin 450.39 Mattawa 109942.38 Moses Lake 3219280.23 Quincy 7249760.33 Royal City 89713.01 Soap Lake 99617.86 Warden 389462.93 Wilson Creek 19723.01 Cities and Towns Total $192019978.96 Fire District 8 $614.22 Joint Library $493.68 Current Expense $296359993.60 Total $398339504.34 NOW, THEREFORE, BE IT HEREBY RESOLVED THAT the remaining funds will be distributed as shown above. DATED this day of MganA,, , 2023. BOARD OF COUNTY COMMISSIONERS Yea Nay Abstain GRANT COUNTY, WASHINGTON � F� Rob J ,Chair ATTEST: El F-1 Cindy Ca r, Vice -Chair Eg/ Y/ Barbara J. frz�f, CMCClerk of thn1 ❑ ❑ Danny E. tone, Member N:\Staff\BVasquez\Resolution-Ordinance\PUD Privilege Tax 2023.docx Page 1 of 1