Developers of two new natural gas pipelines in Ohio want to reduce their valuation, which would decrease by millions the anticipated tax dollars coming to schools and communities. Owners of the Rover and NEXUS pipeline systems filed separate requests with the Ohio Department of Taxation earlier this month to have the values of their pipelines lowered by 30% to 50% in many places. The values sought by the companies vary from county to county and will ultimately be determined by the state.
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