Assessors agree to tax California oil property based on expectations of $41 per barrel in 2016

The price California’s county assessors have settled on for calculating the taxable value of oil properties this year is $41 per barrel, one-third lower than last year’s price, all but ensuring steep cuts are ahead for Kern government and the many services it provides.That price, expressed Path to Full Story on The Bakersfield Californian

Posted: Thursday Mar-17-2016 4:30 PM

Bakersfield California News

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