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Category Archives: News
Message from the Executive Director Mike Arms- January ATVG Meeting
ATVG Executive Director Mike Arms wishes to remind members to please be sure to register for our ATVG meeting in Chattanooga scheduled for January 27th and 28th. The tour of the TVA Power Center Trading Floor will be in the afternoon of the 27th (Wednesday) and the morning of the 28th (Thursday) the tour of Raccoon Mountain Pump Storage Plant is scheduled. We have a number of other outstanding program presentations scheduled including TVA Payment-in-Lieu-of-Taxes. As always we have a great dinner planned for everyone. We will also be voting on a new board member from Marshall County Kentucky, Brad Warning. Hope to see you in January and be sure to make your room reservation now at the Chattanooga Marriott, Two Carter Plaza Chattanooga, TN 37402; phone: 423-756-0002.
View Agenda and Registration form here. See You In Chattanooga!
ATVG Board of Directors Pass Resolution During October 2015 Meeting
The ATVG Board of Directors passed a resolution during the October 2015 meeting to present to the Tennessee Valley Authority in support of TVA purchasing needed coal and natural gas to produce energy from local counties TVA serves.
TVA purchases a broad mix of coal and natural gas from a multitude of geographic markets based on transportation cost, quality of the fuel source and numerous other factors. This would greatly enhance revenue and profits to economies of many energy producing counties in the Tennessee Valley and greatly impact unemployment rates within those energy producing counties.
See the full resolution here
ATVG Winter Meeting Announced Jan 27-28 Chattanooga Marriott Downtown
Association of Tennessee Valley Governments 2016 Winter Meeting.
Winter meeting
January 27-28, 2016 Chattanooga, TN.
Venue:
Chattanooga Marriott Downtown
2 Carter Plaza Chattanooga, TN 37402
Phone:(423) 756-0002 for reservations
ATVG Summer Meeting At Oak Ridge, TN July 22-23
Association of Tennessee Valley Governments
Summer Meeting July 22/23, 2015
DoubleTree by Hilton Hotel – Oak Ridge
Reservations 865-481-2468
July 22, 2015 (Eastern Time Zone)
*** Registration forms must be received by Monday, July 13th***
11:30 a.m. Working Lunch at Doubletree
▪ Welcome and Introductions – Ron Woody
▪ Program Overview – Mike Arms
▪ TVA Update – Bert Robinson
1:00 p.m. Depart for Y-12 National Security Complex
▪ History and Overview of Y-12 – Ray Smith
▪ Presentation on Proposed Manhattan Project National Park
2:15 p.m. Depart for Kingston Fossil Plant
▪ Overview of Plant Operations
▪ Presentation on Ash Spill Recovery
▪ Plant Tour
5:00 p.m. Return to Doubletree 6:30 p.m. Social Event and Dinner
July 23, 2015
8:00 a.m. ATVG Board Meeting (separate agenda will be provided) with Continental Breakfast
9:00 a.m. Depart for Oak Ridge National Laboratory
▪ Presentation and Tour of Oak Ridge Computing Facility (Super Computer)
▪ Presentation and Tour of Spallation Neutron Source 11:15 a.m. Return to Doubletree; Noon:
Big Ed’s Pizza Lunch (optional)
* Important Note: Guests and Spouses are invited on all tours: must be U.S. citizens;
Government-Issued Photo ID REQUIRED; need FULL names IN ADVANCE and last 4 digits of each person’s social security number.
Please help us make necessary arrangements by letting us know if you will be attending. Send the
enclosed registration form by email to: registration@atvg.org or by U.S. mail to: ATVG, P.O. Box
3578, Clarksville, TN 37043.
Please Click here for a printable PDF Agenda and Registration Form
2014 TVA Tax Equivalent Payments
Tax equivalent payments are part of TVA’s service-based mission outlined in the TVA Act of 1933, and they help support stronger communities across the region.
TVA returns 5 percent of its gross proceeds from the sale of power to the states and counties where it does business and has power facilities. Those are the seven TVA states, plus Illinois where TVA has coal reserves.
For fiscal year 2014, TVA paid more than $533 million in tax equivalent payments.
These tax equivalent payments, distributed by the states under their own formulas, help fund many different state and local government initiatives, including:
- Schools
- Fire departments and other emergency response agencies, including life-saving equipment
- Community investments that support tourism and recreation
- Human service organizations
Fiscal 2014 payments
Total payments by TVA to each state for fiscal year 2014 were:
Alabama | $106,134,787 |
Georgia | $8,928,969 |
Illinois | $479,765 |
Kentucky | $40,380,262 |
Mississippi | $38,061,395 |
North Carolina | $2,771,978 |
Tennessee | $334,956,270 |
Virginia | $1,359,336 |
Total | $533,072,762 |