[ exact phrase in "" • ~10 sec • results by date ]

[ Google-powered • results by relevance ]

LOCATION/TYPE

News Home
Archive
RSS

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Publications & Products

Photos & Graphics

Videos

Allied Groups

Wind farm windfall elicits note of caution  

Credit:  By NICK VLAHOS, of the Journal Star | Oct 16, 2012 | www.pjstar.com ~~

It’s tough to resist temptation, as the Woodford County Board demonstrated to a degree Tuesday night.

A one-time payment of about $2.4 million related to the wind-energy development under construction near Minonk appears to put the county’s 2013 budget well into the black. But Tom Janssen, chairman of the board’s finance committee, is cautioning against irrational exuberance regarding that windfall.

“If you start throwing in extras all at once, it goes away pretty fast,” Janssen said following the board’s regular meeting.

“There’s people who if they’ve got a dollar, they spend it. And there’s people who save up for a rainy day. I’m a saver, and there are other people that are spenders.”

The wind farm money lifts projected revenues for the next fiscal year, which begins Dec. 1, to about $9.7 million, according to Janssen. Expenses are projected at about $7.8 million.

But without the extra cash, the county would be running a deficit of about $200,000. That isn’t bad compared to previous years, where shortfalls resulted in budget cuts and hiring freezes.

“We’ll probably be close to breaking even,” Janssen said.

At this rate, the wind-farm money could be used to cover projected deficits for the next 10 years, according to Janssen. But board members authorized about $200,000 in additional expenses Tuesday night.

About half of that was for the probation department, to be used in connection with juvenile crime cases. Other additions included cash to purchase a county-owned vehicle, for use by multiple departments.

During its next meeting, likely to take place Nov. 15, the finance committee is expected to massage the numbers generated Tuesday and synthesize public input. If all goes according to plan, the budget will be ready for a final vote during the regular board meeting set for Nov. 20.

Janssen doesn’t anticipate a change in the general property tax levy. The amount levied last year was about $1.8 million, he said.

By a 7-7 vote, the board also failed to approve a zoning change for a 3.38-acre land parcel in Worth Township, on Old Germantown Road between Schmitt Lane and Marchand Lane. The owners wanted zoning changed from residential, like surrounding land, to agricultural to accommodate a single-family dwelling and horse farm.

The county plan is to maintain residential zoning in that area, opponents of the change said.

“The precedent that would be set by doing this is a pretty scary thing,” board member Larry Whitaker said. “We developed this plan. We’ve got to be consistent with our execution.”

Source:  By NICK VLAHOS, of the Journal Star | Oct 16, 2012 | www.pjstar.com

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

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate

Share:


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook

Share

CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.
Share

Wind Watch on Facebook

Follow Wind Watch on Twitter