Wheatland due tax refund after Nebraska Supreme Court slashes ethanol plant valuation

In Nebraska, local press reports that the state supreme court has sided with Wheatland Industries that its ethanol plant in Madrid was valued at just over $7 million in 2017 rather more than $16 million as valued by the Perkins County assessors. The company has already paid taxes paid on the higher valuation so will receive an $18,000 tax refund from the county and an unknown amount by the school board. Wheatland has already appealed the 2018 valuation which was similar to 2017’s.

Category: Fuels