[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


Add NWW headlines to your site (click here)

when your community is targeted

Get weekly updates

RSS feeds and more

Keep Wind Watch online and independent!

Donate via Stripe

Donate via Paypal

Selected Documents

All Documents

Research Links


Press Releases


Campaign Material

Photos & Graphics


Allied Groups

Wind Watch is a registered educational charity, founded in 2005.

News Watch Home

Uniform tax-exempt policy gets no changes 

Credit:  By Nancy Madsen, Times Staff Writer, Watertown Daily Times, www.watertowndailytimes.com 3 December 2010 ~~

After years of review and debate, Jefferson County’s uniform tax-exempt policy won’t change.

Jefferson County Industrial Development Agency’s board of directors voted on the policy, which governs payments in lieu of taxes, or PILOTs, during Thursday’s meeting.

“After taking a look at wind projects, I don’t believe they can be all the same,” Vice-chairman David J. Converse said. “They really should not be included in the uniform tax-exempt policy. Each should be a deviation from our regular policy. Let’s keep the existing policy we have.”

Taking the guidelines for PILOTs out of the policy followed the majority of public comments the agency received on the proposal in the last few months.

Cindy L. Grant, Clayton, asked Thursday that wind projects be excluded from any new policy.

“These projects will bankrupt the state and the country,” she said. “It’s not about green energy. It’s about the green money they hope to take from us.”

The wind projects could still be considered for PILOTs and would likely follow the PILOT parameters used for the Galloo Island Wind Farm PILOT. But, as will Galloo Island’s PILOT, each taxing jurisdiction would approve the PILOT and the payments’ distribution.

“We would certainly steer them in that direction,” CEO Donald C. Alexander said. “Now, it’s established as precedent.”

The PILOT guidelines in the policy will remain up to 15 years as an increasing portion of the full property tax liability, with each taxing jurisdiction receiving payments in proportion to the property taxes it would normally receive. Any departure from that is considered a deviation and would require approval from all taxing jurisdictions.

Another comment from the public was a request to vote on sales and mortgage recording tax breaks, as well as PILOTs. The existing policy was last changed in 2004.

“We do a pretty good job looking at the cost-benefit analysis on what we’re giving,” Treasurer Michelle D. Pfaff said. “We look long-term at the sales tax coming down the line and jobs created.”

Member John Doldo Jr. said, “These are all subjective calls. They just asked that we strongly reconsider it – whether we give local elected officials input.”

Mr. Converse said JCIDA uses fees from the sale-leaseback agreements, which have been criticized, to provide grants for projects, such as infrastructure in the city of Watertown.

The board made no changes to the sale-leaseback provisions.

The board also:

■ Extended a $133,717 loan for a proposed Days Inn by Dinesh T. Patel so that the loan, originally approved in July, would be available for 18 more months. The money can be accessed after construction ends.

■ Extended the interest-only period on a $250,000 loan to Florelle Tissue Corp. from six months to 12 months.

■ Allowed Carthage Area Hospital to change the interest rate on its 2005 bond at KeyBank. The new interest rate was not available.

Source:  By Nancy Madsen, Times Staff Writer, Watertown Daily Times, www.watertowndailytimes.com 3 December 2010

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Contributions
   Donate via Stripe
(via Stripe)
Donate via Paypal
(via Paypal)


e-mail X FB LI M TG TS G Share

News Watch Home

Get the Facts
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.


Wind Watch on X Wind Watch on Facebook Wind Watch on Linked In

Wind Watch on Mastodon Wind Watch on Truth Social

Wind Watch on Gab Wind Watch on Bluesky