| Ocmulgee EMC Tax Report | |||||
| Often people have the assumption or hear others state that their electric cooperative does not pay taxes. That statement is absolutely not true. Ocmulgee EMC pays every tax that any other business would pay except for "Income Tax." | |||||
| We have included a summary of taxes paid by county for your consideration. As you examine these figures you will notice that Ocmulgee EMC is a significant taxpayer in most of its 5-county service area. | |||||
| Schedule of Taxes Paid-2004 | |||||
| SALES TAXES COLLECTED AND REMITTED TO THE STATE OF GEORGIA | |||||
| ON THE SALE OF ELECTRICITY IN THE YEAR 2004 | |||||
| COUNTY | 4% GA SALES | 1% SPLOST | 1% LOST | 1% EDUC | TOTALS |
| Bleckley | $ 150,194.86 | $ 37,559.54 | $ 37,559.54 | $ 37,559.54 | $ 262,873.48 |
| Dodge | 336,028.19 | 84,516.01 | 84,516.01 | 84,516.01 | 589,576.22 |
| Laurens | 2,788.99 | 664.21 | 664.21 | 664.21 | 4,781.62 |
| Pulaski | 44,553.06 | 11,141.53 | 11,141.53 | 11,141.53 | 77,977.65 |
| Telfair | 2,445.49 | 611.56 | 611.56 | 611.56 | 4,280.17 |
| $ 536,010.59 | $ 134,492.85 | $ 134,492.85 | $ 134,492.85 | $ 939,489.14 | |
| Note that the 1% SPLOST; the 1% LOST; and the 1% Education taxes (for those counties that have a 7% sales tax rate), are returned to the counties, as well as a portion of the 4% GA Sales tax. | |||||
| DODGE COUNTY SALES TAXES ON PURCHASES OF MATERIALS, EQUIPMENT, VEHICLES, | |||||
| AND SUPPLIES @ 7% (4% GA SALES, 1% SPLOST, LOST & EDUC). | |||||
| Dodge | $ 38,685.72 | $ 9,671.43 | $ 9,671.43 | $ 9,671.43 | $ 67,700.01 |
| TAXES PAID DIRECTLY TO THE COUNTIES ON THE ASSESSED VALUE | |||||
| OF OCMULGEE EMC LINES, PROPERTY, PLANT & EQUIPMENT, AND INVENTORIES FOR 2004. | |||||
| PROPERTY | FRANCHISE | TOTALS | |||
| Bleckley | $ 37,330.29 | $ 2,250.06 | $ 39,580.35 | ||
| Dodge | 106,113.01 | 24,702.69 | 130,815.70 | ||
| Laurens | 670.72 | - | 670.72 | ||
| Pulaski | 18,468.18 | - | 18,468.18 | ||
| Telfair | 691.49 | 1,672.24 | 2,363.73 | ||
| $ 163,273.69 | $ 28,624.99 | $ 191,898.68 | |||
| 2004 VEHICLE AD VALOREM TAXES (PAID IN THE COUNTY WHERE REGISTERED) | |||||
| Dodge | $ 5,521.38 | ||||
| $ 5,521.38 | |||||
| TOTAL OF ALL SALES, PROPERTY, AND AD VALOREM TAXES PAID FOR THE YEAR 2004. | |||||
| $ 1,204,609.21 | |||||