...and assesses the value of oil and gas property, but payments to the borough...When it publishes the oil and gas property tax rolls on March 1, it notifies...report. To be taxable as oil and gas property, the rig would have to be in the...
...Property Assessor, the total assessed value of all oil and gas property in the borough increased to $810 million for the 2012...assessed value to the borough is obviously the oil and gas properties and I think it reflects a couple of things," he said...
...was an overall 3.2 percent increase in the borough's assessed values, much of which is attributed to oil and gas properties. Not considering increases in oil and gas, the increase is 0.3 percent to real and personal property values...
...the state every time we drop the mill rate. The state has an ad valorem tax rate of 20 mills on AS 43.56 (oil and gas property) and they collect on the difference between that and our mill rate. I expect the assessed value of this property to...
...Chapman said. In 2004, the borough was assessed at $4.2 billion and had a tax rate of 6.5 mills - excluding oil and gas property, which is taxed by the state and redistributed to the borough. In 2012, the borough is estimated to be assessed at...
...the report said. But there is litigation remaining before the company can finish construction -- or start storing gas. Property rights and permitting have sent the company -- and opponents of the project -- to court. About 90 percent of the...
...public facility construction would halt, with related damage to infrastructure and construction businesses. n Oil and gas property is taxed differently under state law. The companies would pay the same amount of money under the tax cap proposal...
...assessment rolls, property values increased an average of 10.9 percent across the borough, he said. ?Even our oil and gas properties are showing a healthy increase for the first time in several years,? he said. The total taxable real property values...
...values have been rising steadily for several years, but since 2005 they?ve gone up some 31.3 percent. Oil and gas property values are projected to jump 9.1 percent over last year?s values, according to the Kenai Peninsula Borough. The...
...most of the state's 20-mill property tax on oil and gas property. Of $270 million collected statewide in fiscal year...from governments with heavy concentrations of oil and gas property -- the North Slope Borough, the city of Valdez, the...
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