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Assessment panel appointments raise questions

By Associated Press 9:15 AM March 3, 2014

An Alaska Supreme Court decision last month found the pipeline for 2006 should have been valued at nearly $10 billion, not the $850 million claimed by pipeline owners.

JUNEAU, Alaska (AP) – The Fairbanks North Star Borough is raising concerns about Gov. Sean Parnell’s appointment of two former oil industry employees to the State Assessment Review Board.

That’s the board that sets the tax value of the trans-Alaska pipeline system.

An Alaska Supreme Court decision last month found the pipeline for 2006 should have been valued at nearly $10 billion, not the $850 million claimed by pipeline owners.

The Fairbanks Daily News-Miner reports (http://bit.ly/1krD5d9 ) Parnell has appointed Bernard Washington and Dennis Mandell, both of whom have years of experience working for North Slope oil companies.

Parnell spokeswoman Sharon Leighow said the appointments will bring a “fresh perspective” to the board.

Borough attorney Rene Broker said the borough is concerned about getting a fair hearing on how the pipeline should be taxed.

___

Information from: Fairbanks (Alaska) Daily News-Miner, http://www.newsminer.com

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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