OBEC 2024 Property Taxes
OBEC 2024 Property Taxes
The Cooperative pays personal and property tax to each county, city, school district, fire district, or other taxing authority in which it has property. Due to an RUS accounting change, property tax is no longer listed as a separate line item on the Operating Report but is included with other items. Property taxes for electric lines are included in the Operations Expense and the taxes for trucks, buildings, and land is included in General and Administrative Expense. The property tax assessment is based on a formula approved by the Missouri State Tax Commission. The estimated property tax for 2025 is $1,746,000.
| COUNTY | YEAR 2024 |
| Bollinger | $36,415.94 |
| Butler | $609,792.06 |
| Carter | $186,452.89 |
| Dunklin | $138,989.97 |
| New Madrid | $33,293.56 |
| Oregon | $2,320.25 |
| Reynolds | $20,096.79 |
| Ripley | $339,361.75 |
| Shannon | $1,767.65 |
| Stoddard | $196,357.08 |
| Wayne | $113,391.85 |
| TOTAL | $1,678,649.56 |