City of Carson Secures $370 Million Tesoro/Marathon Settlement, Strengthening City Finances Without a Tax Increase
The deal provides $120 million upfront and $250 million over 15 years, ending years of litigation and preserving city funding without a new tax.
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3 Articles
Carson Secures $370M settlement from Tesoro, Marathon
The City of Carson has reached a landmark $370 million settlement with Tesoro/Marathon Petroleum, securing significant immediate and long-term funding for the community while strengthening the City’s financial position without imposing a new tax on Carson residents. Under the settlement, Carson will receive $120 million upfront and an additional $250 million over 15 years. Approximately $70 million in tax deficiency payments already held by the …
City of Carson Secures $370 Million Tesoro/Marathon Settlement, Strengthening City Finances Without a Tax Increase
Carson, California–(Newsfile Corp. – August 19, 2026) – The City of Carson has reached a landmark $370 million settlement with Tesoro/Marathon Petroleum, securing significant immediate and long-term funding for the community while strengthening the City’s financial position without imposing a new tax on Carson residents. To view the full announcement, including downloadable images, bios, and […]
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