The Alaska Supreme Court has reaffirmed a lower court ruling that set the 2006 value of the Trans-Alaska pipeline for tax purposes at nearly $10 billion.
Oil companies had argued the 800-mile pipeline and terminal facilities should be assessed at $850 million, based on the tariffs collected. At the lower value, the property taxes that producers pay to cities like Fairbanks and Valdez would be dramatically reduced.
The Supreme Court found that tariff income isn’t the only value derived from the pipeline. The court says the pipeline’s worth also comes from its ability to transport billions of barrels of oil from the North Slope.
While Wednesday’s decision concerns only the 2006 assessment, oil companies have made similar arguments over the pipeline’s worth for other tax years.
- Greg Salard, formerly of Wrangell, was ordered to spend the next 20 years in prison and pay a $25,000 fine.
- “Part of this funding is set aside to address the needs that the president saw firsthand when he visited coastal communities in Alaska that are seeing their homelands eroding into the ocean at a rapid pace," said Deputy Interior Secretary Mike Connor.
- Gastineau Humane Society called the dog aggressive and not a viable candidate for adoption. The Juneau couple wishes they’d been notified before the dog was put down.
- Dan Henry, also operator of the Skagway Fish Co., said he would make a decision about his future with the Skagway Borough Assembly after he returns home.