Byron power plant is highest taxed property in US, outside New York

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The Byron power plant ranks as the property with the highest property taxes in the United States outside of the state of New York.

According to Commercial Cafe, a division of property management software provider Yardi, the Excelon-Byron Nuclear Generating Station ranks #21 on a list of the Top 100 highest property taxes in the U.S., with a tax bill of $36,576,768 in 2017 – which places it higher than Disneyland in Anaheim, California, which was billed a total of $35,642,819.

The top 20 properties on the list are all located in the state of New York, with the Northpoint Power Station in Fort Salonga ranking as #1 with a 2017 tax bill of $82,093,239.

Chicago’s Willis Tower ranked #28 by paying $31,742,883.

According to the Rochelle News-Leader, Exelon spokesman Paul Dempsey is quoted as saying “Exelon has been litigating the property tax assessments for Byron Station since the 2012 assessment, and anticipates receiving a ruling from the Property Tax Appeal Board sometime this year.”

Dempsey also said the Chicago-based corporation is committed to paying its fair share of property taxes, saying Exelon is “of the opinion that the more than $36 million in property taxes it pays each year for Byron Station is far in excess of its fair share based on a reasonable assessment of value.”

The Byron plant pays taxes to 11 separate taxing bodies, including the Byron School District which receives $18.6 million.

The Oregon School District, by contrast, has an annual budget of $15 million, serving 53 fewer students.

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