Citrus BOCC calls emergency meeting on Progress Energy failure to pay taxes in full

12:57 PM, Nov 28, 2012   |    comments
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Citrus County, Florida -- The Chairman of the Citrus County Board of Commissioners has asked for an emergency meeting of the board to discuss the consequences resulting from the lack of total payment of taxes from Progress Energy/Duke Energy.

On Tuesday, Progress Energy/Duke Energy made a tax payment of approximately $19 million with no indication to pay the full $35 million the Property Appraiser says they owe, based on certified tax rolls. The County says the company's failure to pay their total tax bill will directly affect the County's ability to fund programs and activities.

Citrus BOCC Chairman Joe Meek had this to say about the company's failure to pay the full amount:

"It is extremely disappointing that Duke Energy has decided to take this course of action.  The timing and manner in which their lack of payment is being done will have a drastic negative effect on our community and jeopardize the financial stability of our county.

For many years, Florida Power and then Progress Energy have had a good working relationship with our community and have reached consensus on their tax liability and impact on our county.  Unfortunately, since the merger, Duke Energy has chosen not to pursue that course, but rather reduce their tax liability in a manner that will cause great harm to Citrus County.  Duke Energy's first order of business in our community was not to be a community partner, but unfortunately to place the County into a financial crisis.  The emergency meeting scheduled for Friday will provide an opportunity to review what has happened, to assess the consequences and to evaluate our alternatives to protect our residents."

The meeting will provide a public forum to brief the commissioners and inform the public about the issue and provide an opportunity to discuss potential actions and consequences. It will be held at 10 a.m. on Friday, Nov. 30 at the Board's Chambers at the Citrus County Courthouse located at 110 N. Apopka Ave., Room 100 in Inverness.

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