How Fossil Fuel Uncertainty Impacts Local Government Services

KSJD | By Matt Hoisch

Published January 8, 2021 at 9:14 AM MST

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The Lone Cone Library in Norwood (pictured) is looking at cutting programming due to revenue uncertainty from oil and gas company tax payments.

Across Colorado, oil and gas companies pay for a lot more than just jobs and equipment. They also pay taxes that fund countless public services. So, what does it mean for a local government if oil and gas revenues become more uncertain? KOTO’s Matt Hoisch reports.