Tax Corrections Approved By County Commissioners

Johnson County's Commissioners for discussed tax refunds for one company after County Assessor Cindy Barlow brought the tax corrections before them during their last meeting.

Assessor Barlow explained that the corrections were for Lance Oil and Gas for tax year 2013, in the amounts of $44.10, $463.10, and for $637.15, and all were refunds to be paid to the company by the county.

Oil, gas and coal companies usually file taxes on estimates on production and then make the necessary changes to the tax liabilities based on actual production numbers later on, by either paying more in taxes or receiving a refund on the finalized production numbers.

The commissioners voted to accept and approve the multiple refunds for Lance Oil and Gas and issue them checks in those amounts.