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Drop in tax revenue makes for tough decisions in Fisher County  

Credit:  Double Mountain Chronicle | 08/09/2019 [sic] | www.fishercountychronicle.com ~~

For the first time in years, Fisher County commissioners are looking to levy taxes at the rollback rate, make significant budget cuts, or settle for a deficit budget this year. The primary contributing factor was the incredible drop in tax revenue expected from the wind farm this year.

For the past decade, Fisher County has received a payment in lieu of taxes for the Mozart Wind Farm. Although no longer receiving the $338,000 payment was expected, the county was not expecting the farm to receive a tax break when it had to begin paying taxes.

In the preliminary valuations, the county appraisal district (CAD) presented some weeks ago, the county was looking to receive over $1 million in tax revenue. However, the certified values released at the end of last month show a sharp drop, with the company paying only $285,000 in taxes.

To read more please log in or subscribe to the digital edition https://etypeservices.com/Double%20Mountain%20ChronicleID687/

Source:  Double Mountain Chronicle | 08/09/2019 [sic] | www.fishercountychronicle.com

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 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 to query/wind-watch.org.

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