Posts Tagged ‘property tax’
As in Richmond, refineries throughout the country dispute property tax assessments
As the County Assessor’s Appeals Board prepares to meet to decide on Chevron’s tax assessment appeal value for 2010 and 2011, Richmond Confidential searched for other some US cities where other oil refineries are also appealing their local property tax assessments or have appealed them over the past five years.
Read MoreBoard 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.
Read MoreLife, Death and Taxes: A look at Chevron’s tax appeal in Richmond and how refineries are valued
The maze of pipes and oil storage tanks at Chevron’s Richmond refinery stretch and wind across 2,900 acres of bayside land. At night, the facility gives off a gentle glow as plumes of steam puff into the skies. The refinery overlooking the city may appear to be serene, but the debate about the refinery, and its annual taxes, are anything but.
Read MoreProtesters descend on Chevron tax hearings
About 50 protesters, including some top Richmond elected officials, demonstrated outside county government buildings in Martinez Thursday before filing into a hearing aimed at resolving a tax dispute between Chevron and the Contra Costa County Assessor’s office.
Read MoreVoters pass pot tax, reject casino
Richmond voters passed two of three measures on Tuesday’s ballot.
Read MoreCity may owe Chevron $26 million
The oil company filed a lawsuit to reduce the property tax paid over three years.
Read MoreProperty tax proposed for June ballot
Richmond is the only city in Contra Costa County without its own paramedics, and council members said Tuesday that it will remain that way unless residents are willing to pay for greater services.
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