US EditionChevron payments make up nearly 24% of Richmond general fund, California city reveals accidentally
Chevron's $58.8 million in payments accounted for 23.6% of Richmond's general fund in 2024-25, revealing the city's heavy reliance on the refinery amid potential closures.
- Earlier this year, Richmond officials inadvertently released a spreadsheet showing Chevron, oil company and Richmond’s largest employer and taxpayer, paid Richmond more than $58.8 million, nearly 24% of the city’s budgeted general fund revenue.
- The city’s history of tax disputes and a recent $550 million settlement prompted Richmondside to request Chevron’s tax records, as the refinery is the city’s largest employer and taxpayer.
- The released spreadsheet shows specific line items like two confidential fields revealing $2,825,087 in business taxes, $1,187,417 in business license taxes, and a $4 million final settlement payment.
- Nearly five months after the release, the City Attorney’s Office emailed asking that the record be destroyed, with Assistant City Attorney Christopher Dykzeul citing legal restrictions, while Richmondside refused, citing protections for journalists.
- Given the city’s reliance on Chevron, officials warn the refinery’s closure would greatly affect finances and services, while layoffs and the corporate headquarters relocation prompted Claudia Jimenez, Richmond City Council member, District 6, to push for economic diversification using settlement funds.
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Associated Press News
WKYCChevron payments make up nearly 24% of Richmond general fund, California city reveals accidentally
Chevron paid Richmond more than $58.8 million in taxes and settlement payments — nearly 24% of the city’s budgeted general fund revenue — last fiscal year, according to a spreadsheet sent to Richmondside in response to a public records request.
Chevron Payments Make up Nearly 24% of Richmond General Fund, California City Reveals Accidentally
Chevron paid Richmond more than $58.8 million in taxes and settlement payments — nearly 24% of the city’s budgeted general fund revenue — last fiscal year, according to a spreadsheet sent to Richmondside in response to a public records request.
Chevron payments make up nearly 24% of Richmond general fund, city reveals accidentally
Chevron payments make up nearly 24% of Richmond general fund, city reveals accidentally The city, in response to a public records request, has disclosed for the first time Chevron's 2024 tax and settlement payments — nearly $59 million — showing its dependency on the refinery.
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