CHS and Montana Department of Revenue Settle - KULR-8 Television, Billings, MT

CHS and Montana Department of Revenue Settle

Posted: Updated:
LAUREL -

CHS and the Montana Department of Revenue ended a dispute over the property tax valuation of a refinery in Laurel. The settlement frees up millions of dollars.

CHS protested $16 million in property taxes from 2009 to 2012. The company will get back $4 million dollars as a part of the settlement, which is approximately a 15 percent reduction in the refinery's assessment.

The other $12 million will be divided, not evenly, among Laurel Schools, Yellowstone County, and the state. The parties are working with local officials to determine the precise refund amounts.

  • LocalMore>>

  • Yellowstone Valley Farmer's Market

    Yellowstone Valley Farmer's Market

    Saturday, August 30 2014 9:14 PM EDT2014-08-31 01:14:30 GMT
    You still have five more opportunities to check out the Yellowstone Valley Farmer's Market.On October 11th, HarvestFest will take the place of farmer's market, welcoming all things Fall to Downtown Billings. Be sure to mark your calendars because you don't want to miss HarvestFest.
    You still have five more opportunities to check out the Yellowstone Valley Farmer's Market.On October 11th, HarvestFest will take the place of farmer's market, welcoming all things Fall to Downtown Billings. Be sure to mark your calendars because you don't want to miss HarvestFest.
  • Red Lodge Teen Will Fulfill Her Dreams

    Red Lodge Teen Will Fulfill Her Dreams

    Saturday, August 30 2014 9:03 PM EDT2014-08-31 01:03:19 GMT
    With community support, Rachel Lauf will be attending the Joffrey Ballet School in New York City.In May, KULR-8 introduced you to Rachel as she began her fundraising efforts.
    With community support, Rachel Lauf will be attending the Joffrey Ballet School in New York City.In May, KULR-8 introduced you to Rachel as she began her fundraising efforts.
  • Fun Run for Charities

    Fun Run for Charities

    Saturday, August 30 2014 8:35 PM EDT2014-08-31 00:35:21 GMT
    It's a run solely based on fun. Red Lodge's Fun Run for Charities allows people to run in support of their favorite charity. Dominic Ballard is a runner for Billings Senior and he said people should run the race to compete with their personal best.Janet Bertolino runs the race every year it's held. She said she runs because of multiple charities she can support with the help of the run's match donations, doubling her donations.
    It's a run solely based on fun. Red Lodge's Fun Run for Charities allows people to run in support of their favorite charity. Dominic Ballard is a runner for Billings Senior and he said people should run the race to compete with their personal best.Janet Bertolino runs the race every year it's held. She said she runs because of multiple charities she can support with the help of the run's match donations, doubling her donations.