This is an excellent, short analysis. Do you have a county, near you, with wind turbines throwing back some of their ‘pocket change’ to a school district? Why do I call hundreds of thousands of dollars, pocket change? Because, a wind site receives hundreds of millions of taxpayer dollars to build and produce energy- through subsidies, tax abatements etc. Do you actually know of a (BigWind host) county that has reduced their taxes to residents? Do you actually know of a (BigWind host) community where real estate values have INcreased? Do you actually know of a (BigWind host) school district that has been able to hire more teachers? If you do, please contact us on our home page. I won’t wait to hear from you…
…“An estimated $32.5 million of the money would go toward the Maroa-Forsyth and Warrensburg-Latham school districts.”
This sentence is misleading. The wind developer’s application to the Macon County Board identifies $32.5 million as the estimated new tax revenue that would be allocated to the two school districts but goes on to note that for every new dollar of tax revenue that a district receives the state decreases the amount of state aid. The application shows the net increase to the Maroa-Forsyth district is less than $4.5 million and Warrensburg a little over $4.1 million.
These estimated tax revenues are over 30 years. The average yearly net increase for Maroa-Forsyth and Warrensburg districts would be $150,000 each. This increase would hardly cover two new positions in each district.
These values are not guaranteed either by the wind farm developer or the state. Whether these districts will receive any of this estimated revenue is uncertain….