 |
Electric News Releases
January 17, 2000
Virginia Power is the Largest Single Taxpayer in Virginia
RICHMOND, Va. -- Virginia Power paid $184.9 million in state
and local taxes in 1999, making the utility the largest single taxpayer in the
Commonwealth.
The 1999 payments included gross receipts taxes of almost
$81.1 million, with $66 million paid to the state and $15.1 million paid to
counties, cities, and towns. Virginia Power also paid almost $94.1 million in
local government property taxes as well as about $9.8 million in various other
taxes such as sales and use tax, unemployment taxes and workers' compensation.
The company's largest single property tax payment for the
year, $11.15 million, went to Louisa County, home to the company's North Anna
Power Station. Surry County had the second largest payment, $10.03 million;
Fairfax County was third with $8.76 million. Chesterfield County received $7.57
million, the fourth highest amount.
Other localities receiving more than $1 million each were:
City of Chesapeake, $6.21 million; Prince William County, $6.11 million; Bath
County, $4.43 million; City of Virginia Beach, $3.92 million; City of Richmond,
$3.63 million; Henrico County, $3.53 million; York County, $3.12; City of Norfolk,
$2.34 million; Loudoun County, $1.66 million; City of Newport News, $1.61 million;
Arlington County, $1.60 million; City of Hampton, $1.29 million; and the City
of Alexandria, $1.14 million.
Additionally, Virginia Power's customers paid approximately
$133.6 million in local utility taxes in their monthly bills. This tax, levied
by many localities, is collected by Virginia Power and forwarded monthly to
their localities. The three largest 1999 collections in this category were Fairfax
County, $29.1 million; City of Richmond, $12.2 million; and the City of Norfolk,
$12.0 million.
Virginia Power is the principal subsidiary of
Dominion Resources Inc. (NYSE: D), an international energy company based
in Richmond.
###
Virginia Power
1999 Tax Payments to Localities
|
|
| Eastern Virginia |
|
| City of Chesapeake |
6,208,772
|
| City of Franklin |
5,958
|
| City of Hampton |
1,290,144
|
| City of Newport News |
1,612,890
|
| City of Norfolk |
2,340,115
|
| City of Poquoson |
76,568
|
| City of Portsmouth |
952,800
|
| City of Suffolk |
713,394
|
| City of Virginia Beach |
3,922,172
|
| City of Williamsburg |
69,842
|
| Isle of Wight County |
297,187
|
| James City County |
566,307
|
| Southhampton County |
85,131
|
| Surry County |
10,030,162
|
| York County |
3,122,224
|
| Total - Eastern |
$31,293,666
|
|
|
|
|
| Northern |
|
| City of Alexandria |
1,137,102
|
| City of Fairfax |
246,194
|
| City of Falls Church |
71,916
|
| City of Fredericksburg |
276,547
|
| City of Manassas |
68,065
|
| City of Manassas Park |
2,457
|
| Arlington County |
1,598,941
|
| Caroline County |
96,310
|
| Clark County |
5,036
|
| Fairfax County |
8,763,490
|
| Fauquier County |
633,368
|
| Frederick County |
14,451
|
| King George County |
142,753
|
| Loudoun County |
1,658,115
|
| Prince William County |
6,111,898
|
| Rappahannock County |
18,093
|
| Spotsylvania County |
628,429
|
| Stafford County |
830,312
|
| Total - Northern |
$22,303,477
|
|
|
|
|
| Central Virginia |
|
| City of Colonial Heights |
113,030
|
| City of Hopewell |
268,441
|
| City of Petersburg |
566,151
|
| City of Richmond |
3,628,062
|
| Charles City County |
129,479
|
| Chesterfield County |
7,565,626
|
| Dinwiddie County |
236,414
|
| Essex County |
37,551
|
| Gloucester County |
314,844
|
| Goochland County |
239,240
|
| Hanover County |
747,447
|
| Henrico County |
3,526,499
|
| King & Queen County |
44,795
|
| King William County |
52,866
|
| Lancaster County |
98,144
|
| Mathews County |
87,046
|
| Middlesex County |
101,795
|
| New Kent County |
178,777
|
| Northumberland County |
54,863
|
| Powhatan County |
146,937
|
| Prince George County |
152,938
|
| Richmond County |
85,990
|
| Sussex County |
54,339
|
| Westmoreland County |
89,424
|
| Total - Central |
$18,520,698
|
|
|
|
|
| Southern Virginia |
|
| City of Emporia |
29,741
|
| Amelia County |
22,799
|
| Appomattox County |
29,781
|
| Brunswick County |
57,694
|
| Buckingham County |
42,625
|
| Campbell County |
106,963
|
| Charlotte County |
45,478
|
| Cumberland County |
55,636
|
| Greensville County |
46,381
|
| Halifax County |
1,059,894
|
| Lunenburg County |
68,615
|
| Mecklenburg County |
117,020
|
| Nottoway County |
29,028
|
| Pittsylvania County |
68,306
|
| Prince Edward County |
83,864
|
| Total - Southern |
$1,863,825
|
|
|
|
|
| Western Virginia |
|
| City of Buena Vista |
68,829
|
| City of Charlottesville |
391,111
|
| City of Clifton Forge |
41,788
|
| City of Covington |
43,318
|
| City of Harrisonburg |
8,764
|
| City of Lexington |
23,747
|
| City of Staunton |
211,188
|
| City of Waynesboro |
118,711
|
| Albemarle County |
668,279
|
| Alleghany County |
193,313
|
| Amherst County |
27,007
|
| Augusta County |
450,042
|
| Bath County |
4,427,006
|
| Bedford County |
8,903
|
| Botetourt County |
64,746
|
| Culpeper County |
94,054
|
| Fluvanna County |
605,441
|
| Highland County |
25,289
|
| Louisa County |
11,145,065
|
| Madison County |
2,843
|
| Nelson County |
2,526
|
| Orange County |
132,420
|
| Page County |
1,455
|
| Rockbridge County |
235,211
|
| Rockingham County |
393,695
|
| Shenandoah County |
198,182
|
| Warren County |
16,333
|
| Total - Western |
$19,599,267
|
|
|
|
|
| Virginia Towns Paid Over $1,000 |
|
| Total - All Towns |
$479,187
|
Contact:
24-hour Media Line (804) 771-6115
E-Mail: Corporate_Communications@dom.com
|
|
