Nashville, Tenn. - The Nashville Electric Service (NES) Board approved an in-lieu-of-tax payment for fiscal year 2009-2010 totaling $25,005,702 to the Metropolitan Government at its regular monthly meeting December 16, 2009. NES is the Metropolitan Governments largest tax payer. An additional $1,261,364 in-lieu-of-tax payment was approved to surrounding satellite cities and counties for the fiscal year. NES is a public utility, owned by the ratepayers, and is a valuable asset to this community, said NES President & CEO Decosta Jenkins. We are proud to do our part to support our local government. The vital service we provide contributes greatly to the quality of life we all enjoy.
Nashville, Tenn. – The Nashville Electric Service (NES) Board approved an in-lieu-of-tax payment for fiscal year 2009-2010 totaling $25,005,702 to the Metropolitan Government at its regular monthly meeting December 16, 2009. NES is the Metropolitan Governments largest tax payer. An additional $1,261,364 in-lieu-of-tax payment was approved to surrounding satellite cities and counties for the fiscal year. NES is a public utility, owned by the ratepayers, and is a valuable asset to this community, said NES President & CEO Decosta Jenkins. We are proud to do our part to support our local government. The vital service we provide contributes greatly to the quality of life we all enjoy.
Tags: