County Needs Oil Revenues

County Needs Oil Revenues

Santa Barbara Independent | August 22, 2014 | by RODERICK AND MARGARET CAREAGA

The oil industry pays $12.7 million to local schools, $4.4 million to county general fund, $2.6 million to County Fire, $0.06 million to Special Districts, and $0.03 million to cities. To date, the average number of jobs related to the oil industry (extraction, pipeline, refining): 1330. Average annual wage in Santa Barbara County for oil workers is $113,600 (80 percent higher than all workers in the county). Total payrolls are $151 million. Annual property taxes: $20.3 million. Annual royalty payments to the state from S.B. County leases: $25 million. County Public Works gets $250 million for roads; General Services gets $35 million for county vehicles, computers, facilities; Community Services and Parks get $7 million.

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Californians for Energy Independence is a coalition that supports state and local policies that allow for continued domestic energy production and opposes those policies – such as oil taxes and energy bans—that would hinder production and increase reliance on foreign oil.

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