Impact on Economy
Note: counts do not include items in sub-categories
We cannot avoid the fact that some people will suffer from the wind farm projects, but we can ensure that the wind farm companies adequately compensate the damaged individuals for their losses. No reason exists that a farmer who happens to own the specific property on which the company will place its turbines will earn hundreds of thousands of dollars of revenue from the project, while a simple family with a small home adjacent to the wind farm will lose tens of thousands of dollars of property value from the same project. County officials can and should insist that corporations obtaining permits for wind farms agree to a legal process whereby individuals whose property values are damaged will be compensated for this loss.
Many Americans, including the majority of conservative Central Illinoisans, reacted with anger when the Supreme Court ruled that a city could take an individual’s home and give the land to a private developer. But at least in that case, the homeowners were receiving compensation for the taking. The wind farm situation, where no compensation for damaged homeowners is offered, presents a far worse scenario. We need not, and must not, tolerate it.
Wind Project are two megawatt turbines, the taxation rate will be $16,000 per turbine.
The county’s consultant determined that the full taxation rate per turbine would be $40,000 per megawatt. Therefore, the county’s offer represents an 80 percent tax exemption.
This rate of exemption will apply to all wind projects in Herkimer County.
The Jordanville Wind project will bring “six to 12 jobs” to the county, according to the Jordanville Wind Project Draft Environmental Impact Statement.
By comparison, Wal-Mart brought over 200 jobs and generates over $1 million a year in sales-tax revenues at its distribution center in Schoharie County, which employs many Herkimer County residents.