Make us your home page
Instagram

Citrus County okays funds to fight Duke Energy refusal to pay full tax bill

Citrus County officials approved $350,000 in spending on Monday to begin its fight against Duke Energy over a property tax bill the utility refuses to pay in full. The Citrus Board of County Commissioners and the county school board each agreed to pay $175,000 for initial legal and further appraisal costs of Duke Energy's property. Duke, the North Carolina parent company of Progress Energy Florida, owns the Crystal River power station in Citrus County that includes the utility's sole nuclear plant in the state. The power station also houses four coal-fired plants.

Citrus Property Appraiser Geoffrey Greene sent Duke a property tax bill for $35 million based on the assessed value of the power station and the utility's other assets in the county. But when it came time to pay the bill, Duke paid just $19 million and sued the appraiser over the balance. Duke said Greene issued too high an assessment for the nuclear plant, which broke in 2009 and has remained idle ever since, and for pollution control systems on two of the coal plants. Duke's decision came after the county had certified its tax rolls and set budgets. The $16 million in lost revenue means the school system is short more than $8 million in its budget and the county government is short more than $7 million. Citrus is preparing its response to Duke's lawsuit in the county Circuit Court.

Citrus County okays funds to fight Duke Energy refusal to pay full tax bill 12/10/12 [Last modified: Monday, December 10, 2012 5:23pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Tampa is 15th-most popular city to move to with U-Haul

    Markets

    TAMPA —Tampa is undoubtedly a destination point, at least according to U-Haul.

    Tampa is the No. 15 destination for people moving with U-Haul trucks. | Times file photo
  2. Florida's economy growing faster than other big states and far better than U.S. overall

    Business

    When it comes to economic growth, Florida's running alongside the leading states and well ahead of the United States as a whole.

  3. Westshore Marina District project takes shape with another acquisition

    Real Estate

    TAMPA — One of Tampa Bay's prime waterfront areas took another major step toward redevelopment Friday as WCI Communities bought 2.35 acres in Westshore Marina District.

    WCI Communities, Lennar's high-end subsidiary,has paid $2.5 million for 2.35 acres in the Westshore Marina District for 35 townhomes. WCI is under contract  to buy an additional 9.5 acres.
[BTI Partners]
  4. Posh Guy Harvey RV park to open in Tampa Bay with $250,000 cottages

    Business

    HOLIDAY — Love those Guy Harvey T-shirts with the soaring marlins? In the not too distant future, you might be able to kick back in your own Guy Harvey cottage in the first-ever Guy Harvey RV park.

    Renderings of the clubhouse and an RV cottage site of the planned Guy Harvey Outpost Club & Resort Tarpon Springs.
[Guy Harvey Outpost Collection]
  5. Port Tampa Bay secures $9 million grant to deepen Big Bend Channel

    Business

    Port Tampa Bay has secured a $9 million grant from the U.S. Army Corps of Engineers for the widening and deepening of the Big Bend Channel in southern Hillsborough County.