Richmond Confidential

Board denies Chevron’s tax assessment value appeal

On Monday morning, the County Assessor’s Appeals Board denied Chevron’s appeal of its tax assessment value for the years 2007 – 2009. Representatives from the oil giant had argued that the county had overvalued the property taxes due from the company’s Richmond oil refinery, and that it was owed a refund of up to $73 million. The appeal was the largest in the county’s history, according to County Assessor Gus Kramer.