Montezuma County wins Kinder Morgan tax case

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Montezuma County wins Kinder Morgan tax case

State Supreme Court rules county can collect back taxes
A drilling rig is set up to tap a carbon dioxide field about 25 miles north of Cortez in 2013.
A Kinder Morgan carbon dioxide well near Pleasant View goes up in the midst of farmland in 2014.
What’s at stake

In 2009, Montezuma County governments and tax districts divided up a $2 million tax windfall from Kinder Morgan. The energy company challenged the higher tax bill in court, and local governments were told to not spend the additional tax revenue pending the outcome. On Monday, the Colorado Supreme Court ruled the tax assessment was fair, and the money does not have to be paid back.
The largest beneficiary of the increased tax collection was the Montezuma-Cortez Re-1 School District, which reaped $942,000 in 2009.
Other significant amounts:County general fund: $513,000
Road and bridge fund: $129,000
Montezuma County Sheriff’s Office: $71,000
Social services: $64,000
Southwest Memorial Hospital: $50,000
The rest was spread out among smaller special districts including local fire and cemetery districts.
The Journal

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Montezuma County wins Kinder Morgan tax case

A drilling rig is set up to tap a carbon dioxide field about 25 miles north of Cortez in 2013.
A Kinder Morgan carbon dioxide well near Pleasant View goes up in the midst of farmland in 2014.
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