Legal Opinion
Washington County Board of Equalization v. Petron Development Co.
Supreme Court of Colorado
Decided March 28, 2005No. 03SC787PublishedCited by 41 opinions
1Opinion of the Court
HOBBS, Justice.'
This property tax case involves the valuation of oil leaseholds for real property taxation purposes pursuant to Colorado law. 1 We granted certiorari to review the court of appeals’ decision in Petron Development Co. v. Washington County Board of Equalization, 91 P.3d 408 (Colo.App.2003), allowing the deduction of certain processing costs on the leasehold site. 2
The Colorado Constitution delegates the task of prescribing procedures for valuing oil to the General Assembly. Article X, section 3(l)(b) expressly requires that taxation be based on the value of the “unprocessed…
2Cases cited15 opinions
- Vigil v. FranklinSupreme Court of Colorado · 2004
- City of Greenwood Village v. for the Proposed City of CentennialSupreme Court of Colorado · 2000
- Garman v. Conoco, Inc.Supreme Court of Colorado · 1994
- Board of County Commissioners v. Vail Associates, Inc.Supreme Court of Colorado · 2001
- Rogers v. Westerman Farm Co.Supreme Court of Colorado · 2001
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3Cited by41 opinions
- Board of County Commissioners of the County of San Miguel v. Colorado Public Utilities CommissionSupreme Court of Colorado · 2007
- Boulder County Bd. of Com'rs v. HealthsouthSupreme Court of Colorado · 2011
- Colorado Department of Revenue v. HibbsSupreme Court of Colorado · 2005
- Qwest Corp. v. Colorado Division of Property TaxationSupreme Court of Colorado · 2013
- Colorado Mining Ass'n v. Board of County Commissioners of Summit CountySupreme Court of Colorado · 2009
36 more not listed; retrieve them via the Exa API.