Regional News

Comcast Settles OR Tax Beef For $155M

(Salem, OR)  --  Oregon's cities, counties and school districts are getting a windfall from a cable company.  "OregonLive" reports that a deal announced yesterday has Comcast paying 155-million dollars to local governments to make a legal dispute over property taxes go away.  Comcast promises to drop an effort to get a tax break for Internet service providers and the firm will pay more property taxes in the future.  Governor Kate Brown says she hopes the local governments will use the money to help reduce pension obligations.  The mayors of Portland, Beaverton and Eugene have agreed to do as the governor wishes.

On Air Now

KBND Morning News
KBND Morning News
6:00am - 9:00am
KBND Morning News

FlashAlert

KBND ON FACEBOOK

News Disclaimers