Payments will be made over the next 10 years, according to a deal negotiated by an ad hoc committee of Mayor Eduardo Martinez, Vice Mayor Claudia Jimenez and Councilmember Doria Robinson.
A drone view of the Chevron Richmond Refinery in Richmond, Calif., on Thursday, Dec. 14, 2023. RICHMOND — A tax ballot measure that could have forced Chevron to pay tens of millions more annually to Richmond’s general fund has been shelved as part of a $550 million settlement agreement, a decision met with disappointment from measure proponents and support from city and Chevron employees.
The decision reverses an initial vote in June to place a refinery tax measure, dubbed the Polluters Pay Initiative by activist groups, on the November ballot. Had the measure been approved by a simple majority of Richmond voters, it would have brought in an estimated $60 million to $90 million annually in taxes, based on how many barrels of raw material enter the Richmond plant for processing.
“Our campaign did not approach the city with this concept just so that Chevron would cut a deal that would be pennies to them. I did not write this ballot measure and tax ordinance just for the city could settle,” Guerin said. “For generations, Chevron has raked in billions in profits while spreading sickness and death in Richmond communities. Chevron has not only polluted the air, but also our politics,” Megan Zapanta, Richmond organizing director with APEN Action and the Polluters Pay Coalition, said in a statement Wednesday.
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