County, Stories

Impact of ExxonMobil tax decision on Rio Blanco County

RBC | In November, the Colorado Supreme Court affirmed without opinion the trial court ruling against the county’s application of its use tax on industrial construction and building materials.
exxonmobil_redThe decision has “profound long-term financial implication for the county as well as the immediate impact on the 2010 budget.”
The county’s estimated liability of $9.5 million (as a result of the outcome of the use tax case) is budgeted within contingency and is covered by…