Sign Up for Updates

$55 Million in Tax Revenue Stranded by Keystone XL Delays

The U.S. Department of State estimates rural counties in Nebraska, Montana and South Dakota will collect more than $55 million in property taxes during the Keystone XL Pipeline’s first year of operation. The new infusion will be the “largest tax revenue generated by the proposed project…”   

 

 

 

County Actual Total Property Tax Revenue in 2012 from All Sources Estimated Property Tax from Proposed Project in First Full Year of Operations Impact as % of Total Property Tax Revenue in 2010 (rounded to the nearest percentage point)
Montana
Phillips  $ 8,062  $ 2,188 27.00%
Valley  $ 14,706  $ 7,349 50.00%
McCone  $ 3,892  $ 4,559 117.00%
Dawson  $ 13,204  $ 5,106 39.00%
Prairie  $ 2,613  $ 2,210 85.00%
Fallon  $ 7,123  $ 4,584 64.00%
Montana Subtotal  $ 49,600  $25,996 52.00%
South Dakota
Harding  $2,731  $3,947 145.00%
Butte  $9,498  $198 2.00%
Perkins  $4,468  $1,044 23.00%
Meade $28,166  $3,818 14.00%
Pennington  $133,409  $61 <.01%
Haakon  $3,049  $3,357 110.00%
Jones  $1,982 $1,549 78.00%
Lyman  $4,240  $524 12.00%
Tripp  $7,413  $3,357 45.00%
South Dakota Subtotal  $194,956  $17,855 9.00%
Nebraska
Keya Paha  $3,170  $449 14.00%
Boyd  $4,281  $288 7.00%
Holt  $25,510  $3,049 12.00%
Antelope  $17,676  $2,348 13.00%
Boone  $16,562  $942 6.00%
Nance  $9,021  $925 10.00%
Merrick  $16,488  $295 2.00%
Polk  $14,458  $486 3.00%
York  $27,568  $938 3.00%
Fillmore  $16,955  $486 3.00%
Saline  $23,050  $580 3.00%
Jefferson  $16,698  $994 6.00%
Nebraska Subtotal  $191,442  $11,780 6.00%
Pipeline Corridor Total  $436,000  $55,630 13.00%
404