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PARTNERING WITH EDUCATION FOR A BRIGHTER FUTURE


School District


Corporate Profile Verdigris Valley Electric Cooperative is:


• A distribution co-op providing electric service to residential, commercial and industrial consumers • Headquartered in Collinsville, Oklahoma • Incorporated October 24, 1938


• Serves 36,351 meters; is Oklahoma’s third largest electric cooperative (based on the number of meters)


• Maintains 4,778 miles of electric line


• Serves members in Nowata, Osage, Rogers, Tulsa and Washington counties


• Ninety-six employees cover the co-op’s more than 3,132-square-mile service territory daily


• VVEC has warehouse and maintenance facilities in Nowata and Bartlesville, Oklahoma


• A non-profit corporation wholly-owned by the members it serves


• Governed by a nine-member board of trustees who are elected by members residing in the districts they represent


• Trustee terms of office are for three years; three trustee positions are up for election each year


Power Circuit


Power Circuit is published monthly by Verdigris Valley Electric Cooperative, Collinsville, Oklahoma for its members in Tulsa, Rogers, Washington, Nowata and Osage counties. Periodical postage paid at Tulsa, Oklahoma and other additional mailing offices. Subscription price is $0.21 per month.


POSTMASTER - send address changes to: Power Circuit, P.O. Box 219, Collinsville, OK 74021.


Volume 76 • Number 10 • October 2017 STATEMENT OF NON-DISCRIMINATION


This institution is an equal opportunity provider and employer. If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination Complaint Form, found online at http://www.ascr.usda.gov/complaint_ filing_cust.html, or at any USDA office, or call 866-632-9992 to request the form. You may also write a letter containing all of the information requested in the form. Send your completed complaint form or letter to the U.S. Department of Agriculture, Director, Office of Adjudication, 1400 Independence Avenue, S.W., Washington, D. C. 20250-9410, or by fax 202-690-7442 or e-mail at program.intake@usda.gov.


2 • Power Circuit • October 2017 GIVING BACK TO THE COMMUNITY


VVEC provides financial support to school systems in our service territory through the payment of gross receipts tax. The 2 percent gross receipts tax is collected from members’ monthly electric bills at the instruction of the Oklahoma Tax Commission. The amount of tax is distributed by the miles of electric line the co-op has in each school district. KAMO Power, VVEC’s wholesale power supplier, also pays gross receipts taxes. In 2016, VVEC and KAMO Power together paid over $1.7 million in taxes to area school systems.


Oklahoma Union Oologah Caney Valley Owasso Collinsville Skiatook Bowring Nowata Barnsdall Dewey Sequoyah Sperry Bartlesville Copan Justus Avant Foyil Pawhuska South Coffeyville Claremore Chelsea Hominy


Sand Springs Verdigris Catoosa Prue


Anderson Tulsa


Osage Hills Inola


Chouteau-Mazie VVEC


$107,781.78 99,881.29 98,799.30 94,354.33 73,427.78 67,213.12 64,981.14 59,882.04 58,197.80 56,685.81 51,706.06 46,464.37 46,186.56 35,365.72 29,984.43 28,394.76 26,830.54 24,882.68 23,176.61 22,588.60 22,267.51 21,685.31 20,177.75 14,860.38 14,119.17 12,871.61 10,840.12 10,360.50 6,662.09 4,241.42 578.24


$1,255,448.82 KAMO


$40,113.85 88,516.90


47,440.91 42,741.23 34,229.99


Total


37,301.44 36,672.34


93,771.67 31,935.65


9,362.36


12,322.80 16,430.39


$490,839.53


$147,895.63 99,881.29 187,316.20 94,354.33 120,868.69 109,954.35 64,981.14 59,882.04 92,427.79 56,685.81 51,706.06 46,464.37 46,186.56 35,365.72 29,984.43 65,696.20 26,830.54 61,555.02 23,176.61 22,588.60 22,267.51 115,456.98 52,113.40 14,860.38 14,119.17 22,233.97 10,840.12 10,360.50 6,662.09 16,564.22 17,008.63


$1,746,288.35


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