Lorain County Auditor News

Avon Lake School Board takes step to settle NRG tax issues

Thursday, September 21st, 2017

by MICHELE MURPHY

AVON LAKE — The Avon Lake school board unanimously approved a proposal last Tuesday that sets the property value for the Avon Lake Power Plant at an average fair market value of $39.5 million through the year 2020.

The board’s 5-0 vote also authorized Superintendent Robert Scott to negotiate a final agreement with the plant’s owner, NRG Energy Inc., based on the …Read More

Lorain County Auditor, NRG negotiate settlement over Avon Lake power plant taxes

Tuesday, September 19th, 2017

 

Officials have reached a settlement over property tax issues for the Avon Lake power plant. Photo courtesy Bryan Wroten

By MICHELE MURPHY

AVON LAKE — Lorain County Auditor Craig Snodgrass said he has negotiated a deal with NRG involving millions of dollars in tax revenue related to the Avon Lake power plant on Lake Road.

Snodgrass said the agreement, which company officials have agreed to in principle last …Read More

County auditor is wrong about power plant’s value, NRG says

Thursday, January 29th, 2015

Avon Lake

By Bryan Wroten

NRG Energy Inc. officials continue to disagree with Lorain County Auditor J. Craig Snodgrass’ reading of their independent appraisal of the power plant in Avon Lake.

David Gaier, spokesman for NRG, said the third-party independent appraisal of the plant found the public utility personal property (PUPP) fair market value to be $11,681,660, which mean’s its taxable value is $2.803 million. The company is …Read More

NRG appeals its lowered PUPP tax value, asking for drop of $12 million

Thursday, January 15th, 2015

Avon Lake

By Bryan Wroten

NRG Energy Inc., the owner of the power plant in Avon Lake, has appealed its recent public utility personal property (PUPP) tax value assigned by the state, arguing its PUPP value is actually only $2.83 million, not $14.9 million.

The Ohio Department of Taxation lowered the power plant’s PUPP value in October 2014 from $16.3 million to $14.9 million. The utility company has …Read More

City, schools may pay for part of cost to appeal lowering of power plant real estate value

Friday, August 29th, 2014

Avon Lake

By Bryan Wroten

The city and school district in Avon Lake each plan on contributing $5,000 to the appeal against NRG Energy Inc.’s request to lower the real estate value of the power plant on Lake Road by millions of dollars.

Lorain County Auditor J. Craig Snodgrass said NRG will appear before the county Board of Revision to reduce the real estate property value from about …Read More