17% to State General Fund.
83% to Direct-served counties.
The direct-served counties’ share is allocated among the counties using
formulae that analyze:
TVA industrial/residential power sales ratios; book value ratios of TVA
property; and construction in counties where TVA services are provided.
Prior to fiscal year 2010, the dry (non-alcoholic) non-served counties were allocated 5% of the TVA payments and the direct-served counties were allocated 78%. Beginning with fiscal year 2010, the portion allocated to the dry non-served counties was reduced by the increase in certain liquor tax revenues, until the replacement liquor tax revenues equaled the amount of the TVA payments allocated to the dry non-served counties for fiscal year 2009. Thereafter, the portion previously allocated to the dry non-served counties is being allocated to the direct-served counties.