Campbell County's 2013 total assessed valuation was made available yesterday. Campbell County Accessor Troy Clements said the only surprise was a welcome one. Clements said an expected decline in coal was not down as much as anticipated.
“The good news is coal wasn't as down as much as they (coal experts) or us had projected. They were thinking more along the lines of 10% this year, 20% next year, it actually only dropped 5% in 2012, so good news. Another positive note, this year’s total accessed value is our third highest ever assessed value, so we are still doing really very well as far as revenues coming in and that sort of thing, we’re actually sitting really well.”---Clements
Clements said that the numbers of concern in the assessed valuation were of no surprise.
“We knew that Methane Natural Gas was of course because of the value not hadn't been being produced much so we knew the value was going to be going down. It has for the last three or four years so that really was not a huge surprise to us.”---Clements
The negative change in gas production was about 40%. Campbell County's 2013 assessed valuation of $5,559,437,548.00 was down 4.79%.
Past Five Years