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Kenai Peninsula open for business

...city has lowered its mill rate from 4.5 to 3.85, one of the lowest tax rates in the state.Porter said the oil and gas property values have grown by nearly $35 million the past six years. She also pointed out the substantial impact oil and...

http://peninsulaclarion.com/news/2014-02-14/kenai-peninsula-open-for-business
News
Kenai Peninsula open for business

...the city has lowered its mill rate from 4.5 to 3.85 one of the lowest tax rates in the state.Porter said the oil and gas property values have grown by nearly $35 million the past six years. She also pointed out the substantial impact oil and...

http://peninsulaclarion.com/news/2014-01-30/kenai-peninsula-open-for-business
News
Alaska should have a better approach to industrial development

...development could affect property tax revenue for the boroughs, payments in lieu of those taxes and how existing oil and gas properties will be affected needed to be addressed and while the state was busily negotiating an agreement with the producers...

http://peninsulaclarion.com/opinion/2014-03-29/alaska-should-have-a-better-appro
Opinion
Parnell signs order establishing advisory board

...in pursuit of the project. Areas of concern have included payments in lieu of taxes and ensuring that existing oil and gas properties, such as the trans-Alaska pipeline system, from which some communities derive taxes, are not affected.The...

http://peninsulaclarion.com/news/2014-03-25/parnell-signs-order-establishing-adv
News
TAPS owners take series of setbacks in court

...Revenue, which under state law sets the value for oil and gas properties for taxation, concluded TAPS was worth $3.64...reaching agreement on 2012.Jim Greeley, the state oil and gas property assessor, has set a $5.5 billion value for the...

http://peninsulaclarion.com/news/2014-03-16/taps-owners-take-series-of-setbacks-
News
Mayors seek assurances on gas line project

...Fairbanks North Star Borough Mayor Luke Hopkins were on the payments in lieu of taxes and ensuring that existing oil and gas properties, such as the trans-Alaska pipeline system, from which communities derive taxes currently, are not affected...

http://peninsulaclarion.com/news/2014-03-06/mayors-seek-assurances-on-gas-line-p
News
Looking out for the borough's interests

...instead of ad valorem taxes, on oil and gas property. In other words, the state...based on the assessed value of oil and gas property. According to a memo to the...in lieu of taxes to existing oil and gas property as well as future development...

http://peninsulaclarion.com/opinion/2014-02-13/looking-out-for-the-boroughs-inte
Opinion
Looking for answers

...lieu of taxes instead of paying ad valorem taxes on oil and gas property. Navarre said it's uncertain whether a change...collects nearly $4.5 million from state assessed oil and gas property for the general government as well as about another...

http://peninsulaclarion.com/news/2014-02-13/looking-for-answers
News
Proposition 1 will provide tax relief for resident homeowners

...property owners will pickup a slightly larger portion of the Borough tax liability with the bulk of that coming from oil and gas properties which are already taxed at the state imposed maximum of 20.0 mils. Proposition One will return more oil and...

http://peninsulaclarion.com/opinion/2013-09-22/letter-to-the-editor
Letters
Endeavour rig's woes benefit city, borough

...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...

http://peninsulaclarion.com/news/2013-01-10-1
News

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