NatGas WV Property Tax Mistake a Hot Mess – Counties Out Millions

Last summer, MDN told you that the new system to assess valuations of shale wells in West Virginia had turned into a mess (see WV NatGas Property Tax Rule Still a Mess, 303 Cases Appealed). That mess has just gotten messier --- what we call a hot mess. A "clerical error" by a third-party vendor in calculating the new formula for natural gas property tax valuations caused newly producing natural gas wells to be undervalued, leading to the loss of millions of dollars for the counties that see the most shale drilling.

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