Interstate Power and Light’s property tax payment nearly $3.5 million
Investor-owned utility contribute significantly to public services in Minnesota
Alliant Energy – Interstate Power and Light Co. (IPL), an Alliant Energy company, recently made its semi-annual property tax payment bringing the total paid to the Minnesota counties in which it has utility operations to nearly $3.5 million.
The payment represents the total of IPL’s property taxes for the calendar year 2007 payable in 2008. These tax dollars contribute significantly to supporting public services in Minnesota.
“It is a privilege to serve our customers and do business in Minnesota,” said Tom Aller-President, IPL. ”We take our fiscal and service responsibilities to our communities and counties very seriously, and gladly do our part to ensure the economic future of the state.”
Property tax dollars go to support many different taxing authorities in the state. Cities, counties, school districts and townships are the most common tax authorities. Other taxing authorities include community college districts, agricultural extension districts, assessor offices, hospital districts and sanitation districts. In addition, there are associations for fire protection, drainage and other public needs that levy taxes.
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