Premium Standard Farms paid more than $2.6 million in property and real estate taxes in eight north Missouri counties in 2005. This amount includes $264,070.35 in property taxes for the processing facility in Sullivan County in Milan.
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The exact total of $2,689,715.04 includes real estate and personal property taxes at all Missouri company owned operations as well as livestock located at contract grower facilities.
Premium Standard Farms taxes in 2005 were paid to the following counties:
Daviess County — $269,698.50
Gentry County — $228,514.53
Grundy County — $10,825.64
Linn County — $682.61
Mercer County — $901,219.34
Putnam County — $462,737.69
Sullivan County — $807,080.14
Worth County — $8,956.59
"Our annual tax payments are another example of our positive economic impact in north Missouri," stated Bill Homann, Vice President of Missouri Operations.
"We appreciate the work of our counties, townships, school districts, road and bridge departments, fire and ambulance districts, health departments, and other entities and we’re pleased to be able to support them with our annual tax revenue."