Illinois home to power plant with one of highest property tax bills in U.S.

According to a news report, a nuclear power plant in Byron has an assessment which requires it to pay at least $36.5 million in property taxes.

The Exelon Nuclear Generating Station in Northern Illinois was assessed at $546 million, and has one of the highest property tax bills in the U.S.

That’s a higher tab than all but 20 properties in the nation, all of which are in New York. The Byron plant’s bill put it at No. 21 on a list of the nation’s top 100 property tax bills, right ahead of Disneyland in Anaheim, California. The Willis Tower came in 28th ($31,742,883), ahead of Woodfield Mall (No. 64, $19,603,461) in Schaumburg and Chicago’s One Prudential Plaza (No. 77, $17,910,028) and Water Tower Place (No. 79, $17,677,503). The highest property tax bill in the U.S. was for Northport Power Station ($82,093,239) in Fort Salonga, New York.

The report notes that when you remove New York properties, Illinois has half of the top 30 properties on the list compiled by software provider Yardi.

For the full list, go here.

 

By |2018-07-24T21:35:49+00:00June 20th, 2018|Property Taxes|Comments Off on Illinois home to power plant with one of highest property tax bills in U.S.

About the Author: