Marathon Pays $370M to Carson City | Venice Beach News

Venice Beach News Today | 2 Min News | The Daily News Now! · Aug 28, 2026 · 2m

Carson City and Marathon Petroleum have reached a $370 million settlement after a years-long tax dispute, ending a legal battle that nearly froze $70 million in owed taxes. The deal includes an upfront $120 million payment and $250 million over 15 years, plus Marathon covering legal fees and continuing to pay the existing oil tax. Carson, facing urgent infrastructure needs—including Olympic prep for LA28—chose this resolution over a risky court fight or a new, potentially costly ballot measure. Both sides agree to revisit terms in 14 years, with Marathon calling it a stabilizing win despite a…