"Local governments are facing financial challenges and must address public safety, environmental protection, health care, education and other needs with limited resources," said Mark Caron, PG&E's vice president of tax. "PG&E's timely and substantial payments to local governments for property taxes and other fees help them address those vital community services."
The company's tax payments to counties for tax year 2012/13 increased by more than $18 million over the previous property tax year's payments as a result of an increase in assessments due to PG&E's infrastructure investments. This includes upgrades to improve electric and gas safety, reliability and capacity, as well as energy-generating-station development.
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