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...levies a tax of 20 mills and assesses the value of oil and gas property, but payments to the borough, cities and service...Alaska Department of Revenue. When it publishes the oil and gas property tax rolls on March 1, it notifies municipalities...
...Property Assessor, the total assessed value of all oil and gas property in the borough increased to $810 million for the...in assessed value to the borough is obviously the oil and gas properties and I think it reflects a couple of things," he...
...there 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...
...to 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...
...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...
Voting to reduce taxes may seem like a no-brainer. But Kenai Peninsula finance officials say that voters with brains would do well to think twice about an upcoming ballot initiative.
...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...
...property 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...
...most of the state's 20-mill property tax on oil and gas property. Of $270 million collected statewide in fiscal...come from governments with heavy concentrations of oil and gas property -- the North Slope Borough, the city of Valdez...
...borough lowers its mill rate to ease the burden on homeowners, it loses revenue not only from them, but also from oil and gas properties. Industry properties are taxed at a rate of 20 mills by state law. Out of that amount comes whatever the borough...