County mayor’s office identifies top 10 property tax payers

DOE generates largest county taxes; automotive moves up in rankings

From Anderson County Mayor’s Office

CLINTON—In reviewing a list of Anderson County’s largest taxpayers, one fact is apparent—the U.S. Department of Energy and a privately owned, DOE-related facility are the county’s largest source of county property taxes.

“DOE annually pays approximately $630,000 of in-lieu taxes for the property it owns in the county,” said Anderson County Mayor Terry Frank. “When you add to that, the $934,000 of property taxes generated by the private LLC that owns the New Hope Center at the CNS Y-12 National Security Complex, the combined total is by far our county’s largest source of property tax revenue.

“Ten years ago, Anderson County’s top three taxpayers were Bell South, Summit Properties, and Boeing Inc. This year, manufacturing makes the splash as Anderson County’s top taxpayer is Lawler-Wood LLC, formerly known as Oak Ridge Project LLC (at the Y-12 complex), followed by automotive giants Samlip (SL) Tennessee, and Magna.

“Other significant sources of revenue that should be considered include in-lieu of taxes for another automotive industry titan, Aisin Automotive, at approximately $1.2 million. In addition to DOE, our top ten this year reflects a substantial automotive presence.”

According to data from Property Assessor John K. Alley’s office and Trustee Rodney Archer’s office, listed in order are Anderson County’s top 10 property taxpayers for the 2015 tax year:

1. Lawler-Wood LLC (Y-12)—a private LLC that owns property that includes the New Hope Center at the CNS Y-12 National Security Complex. The Y-12 National Security Complex is a premier manufacturing facility dedicated to making our nation and the world a safer place and plays a vital role in the Department of Energy’s Nuclear Security Enterprise. Assessed value: $36,006,346. Approximate tax bill: $934,000.
2. Samlip Tennessee—Part of SL America, the company is a leading global automotive supplier with manufacturing operations and product development, engineering, and sales centers in seven countries. Assessed value: $27,555,453. Approximate tax bill: $760,000.
3. Magna—Owner of Eagle Bend Manufacturing, Magna is a leading global automotive supplier with 305 manufacturing operations and 93 product development, engineering, and sales centers in 29 countries. Assessed value: $13,009,706. Approximate tax bill: $359,000.
4. Methodist Medical Center—With 180 physicians in 33 specialties, Methodist is a 301-bed regional medical center. Assessed value: $11,308,320. Approximate tax bill $294,000.
5. Summit Properties—According to Anderson County Economic Development President Tim Thompson, Summit Properties includes most all the properties owned or operated by The Hollingsworth Companies: Git ’n Go Markets, local apartment complexes, and industrial properties. Assessed value: $10,091,600. Approximate tax bill $278,000.
6. Bell South—The telecommunications company provides data services, high-speed Internet service, Web hosting, paging, wireless, long-distance or traditional voice services, and employs 6,700 people in Tennessee. Assessed value: $10,020,869. Approximate tax bill $269,000.
7. Walmart—Wal-Mart Stores Inc., is an American retail corporation headquartered in Bentonville, Arkansas. Assessed value: $9,328,131. Approximate tax bill $250,000.
8. Norfolk Southern—Norfolk Southern Corporation is one of the nation’s premier transportation companies. Its Norfolk Southern Railway subsidiary operates approximately 20,000 route miles in 22 states and the District of Columbia. Norfolk Southern operates the most extensive intermodal network in the East and is a major transporter of coal, automotive, and industrial products. Assessed value: $8,677,958. Approximate tax bill $241,000.
9. Carlisle Transportation Products—Founded in 1917 in Carlisle, Pennsylvania, the former Carlisle Tire and Rubber Company is now a division of The Carlstar Group. Carlisle Transportation Products is a worldwide supplier of industrial belts, specialty tires, and wheels serving the agricultural, industrial, lawn and garden, and powersports markets. Assessed value: $8,702,720. Approximate tax bill $240,000.
10. General Motors LLC—This company provides a range of automotive equipment for local manufacturing plants including SL Tennessee and Eagle Bend, according to Tim Thompson. Assessed value: $7,160,265. Approximate tax bill $197,000.

Anderson County’s current property tax rate is $2.7903.

Link to Property Assessor John Alley’s Office: http://acassessor.com/.

Link to Anderson County Trustee Rodney Archer’s Office: http://andersoncountytrustee.com/.