MVP Delivers $27.1M Property Tax Windfall to 11 WV Counties
Remember all those years of protesters chaining themselves to equipment, lawsuits by the dozen, and court-ordered work stoppages trying to kill the Mountain Valley Pipeline (MVP)? Here's what West Virginians got for finally building it: a fat new check. A new report from West Virginia State Treasurer Larry Pack's office finds that MVP drove a 62% jump in the value of rural utility property in the 11 counties it crosses, generating nearly $27.1 million in new property tax revenue in a single year—about $9.1 million for county commissions and nearly $18 million for local schools. MVP-related utility property accounted for more than 86% of ALL the growth in property tax revenue in those counties. One pipeline. Eighty-six percent.To view this content, log into your member account. (Not a member? Join Today!)
