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American <br />Public Power <br />Association <br />A~^-r~® <br />March 17, 2008 <br />MEMORANDUM <br />TO: Officials of Public Power Systems <br />FROM: Paul Zummo, Research Analyst <br />1875 Connecticut Avenue, NW <br />Suite 1200 <br />Washington, DC 20009-5715 <br />SUBJECT: Payments & Contributions to State and Local Governments <br />Ph: 202.467.2900 <br />Fax' 202.467.2910 <br />www.APPAnet.org <br />As an APPA member service, I am enclosing for your information APPA's report: Payments <br />and Contributions by Public Power Distribution Systems to State and Local Governments, <br />2006. The report summarizes the value and type of payments and contributions made by <br />public power systems, and includes selected breakdowns by revenue size class and <br />geographical region. <br />This report serves two primary industry needs: <br />• The information can assist utility managers in assessing their payments and <br />contributions relative to other public power distribution systems, and <br />• The results clearer show that there is no validity to the claim that "investor- <br />owned utilities provide a benefit to their communities by paying taxes that <br />the publicly owned utilities do not." In fact, the median contribution by <br />publicly owned utilities in 2006 was 19 percent higher than that of the <br />investor-owned utilities (5.0% vs. 4.2% of annual electric operating <br />revenues). <br />Any comments or questions on the report can be directed to Paul Zummo, Research Analyst <br />(at 202-467-2969) or pzummo@appanet.org. <br />Enclosure <br />