EUREKA >> Pacific Gas and Electric Company (PG&E) paid property taxes of more than $230 million this fall to the 50 counties where the energy company owns property and operates gas and electric infrastructure that serves 16 million Californians.
The semi-annual property tax payments made recently cover the period from July 1 to December 31, 2017.
First installment property taxes recently paid to counties included in PG&E’s Humboldt Division are:
Lake County — $862,779
Mendocino County — $1,632,858
Humboldt County — $3,432,207
“Property tax payments provide crucial resources to the many communities where we live and work, supporting everything from education to public safety. By continuing to make local investments in gas and electric infrastructure, we are not only creating one of the safest and most reliable energy systems in the country, we’re investing in the local economy and helping our communities thrive,” said Jason Wells, senior vice president and chief financial officer for PG&E.
Total payments for the full tax year of July 1, 2017 to June 30, 2018 are estimated to total more than $461 million — an increase of $50 million, or 12 percent, compared with the prior fiscal year.
