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DETROIT EDISON TAX PAYMENTS BENEFIT SCHOOLS, COMMUNITIES

 DETROIT, Feb. 16 /PRNewswire/ -- Detroit Edison (NYSE: DTE) paid $179.3 million in property taxes on its power plants and other facilities in 1992, boosting the revenue of nearly 400 communities in 17 counties in southeastern Michigan.
 Nearly 70 percent of the total -- or $122.8 million -- will benefit education.
 The utility remained second only to General Motors Corp. in the amount of property taxes paid in Michigan.
 The largest portion of Detroit Edison's property tax payments was received by Monroe County, the site of the company's Fermi 2 and Monroe power plants. Of the $56 million paid to taxing bodies in the county, $37.6 million went to the county's schools.
 Wayne County communities received $46 million in property taxes from Detroit Edison, with $27 million paid to education. The company's downtown Detroit headquarters and Trenton Channel and River Rouge power plants are among the utility's major properties in the county.
 Third on the list is St. Clair County, home of the Belle River and St. Clair power plants. St. Clair County communities received $31.5 million, of which $24 million benefited schools.
 Detroit Edison 1992 property tax payments were distributed as follows:
 County Education Total Payments
 Monroe $37,620,006 $56,054,397
 Wayne 27,148,215 46,176,922
 St. Clair 24,142,530 31,541,907
 Oakland 12,875,720 18,088,491
 Macomb 8,129,514 10,789,364
 Washtenaw 3,988,032 5,178,312
 Mason 3,383,896 4,399,116
 Livingston 1,906,833 2,269,251
 Lapeer 1,336,331 1,636,066
 Huron 768,121 1,164,012
 Tuscola 646,961 866,138
 Sanilac 560,244 734,964
 Ingham 225,069 276,140
 Lenawee 42,393 49,928
 Genesee 2,713 3,402
 Saginaw 1,267 1,588
 Shiawassee 1,339 1,583
 -0- 2/16/93
 /CONTACT: Scott L. Simons, 313-237-8808, or Lorie N. Kessler, 313-237-8807, both of Detroit Edison/
 (DTE)


CO: Detroit Edison ST: Michigan IN: UTI SU:

JG-ML -- DE016 -- 6809 02/16/93 12:49 EST
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Publication:PR Newswire
Date:Feb 16, 1993
Words:339
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