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TACIR approves report on TVA payments-in-lieu-of-taxes; staff flagged contract and rate drivers
Summary
TACIR heard a staff report on TVA'payments-in-lieu-of-taxes pilot (statutory monitoring under Public Chapter 1035, Acts of 2010), discussed changes driven by wholesale rate increases and distributor contracts, and approved the report by voice vote.
The Tennessee Advisory Commission on Intergovernmental Relations approved its annual monitoring report on the Tennessee Valley Authority'payments-in-lieu-of-taxes pilot, a statutorily required review of how TVA wholesale changes and distributor choices affect payments to states and local governments.
Jennifer Arzate, presenting the report (tab 3 in the commission docket), told commissioners the pilot distribution for the…
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