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Wind farm fights property tax; Decision could negatively affect funding for area schools
Touted as an innovation when it began, Lost Creek wind farm and its owners, Wind Capital Group, have entered into a legal battle with DeKalb County, wanting to pay about half of its assessed property taxes. ..."It's kind of ironic that what was seen to be a kind of good taxpaying asset is almost becoming a liability," State Rep. Glen Klippenstein, R-Maysville, said.
November 14, 2011
by Andrew Gaug
in St. Joseph News-Press
Owners of the Lost Creek windfarm near King City in Dekalb County are trying to avoid paying property tax on the land their windmills occupy.
Additional funding for schools and emergency services lie in the balance of a legal dispute between a St. Louis-based wind company and DeKalb County.
Touted as an innovation when it began, Lost Creek wind farm and its owners, Wind Capital Group, have entered into a legal battle with DeKalb County, wanting to pay about half of its assessed property taxes.
The dispute began in August, when Lost Creek turned down an assessment made by county assessor Ruth... [continue via Web link]
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Tax Breaks & Subsidies
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Missouri
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