Article

Wind turbine zoning may start April 10

CAMBRIDGE — Two developments that could mean increased tax revenues for Henry County were reported at Tuesday’s county board meeting.

One of the three wind energy companies working with Henry County landowners will likely begin the zoning process as soon as April, according to Ann DeSmith, a member of the county board and the county’s plan and development committee.

And another meeting with Shaw Group of St. Charles has been set to review the host agreement with the Atkinson landfill, she said.

The county and other local taxing districts could receive new revenue from both the wind farms and the landfill agreement. A third new industry, ethanol, will not immediately be a revenue source, according to finance committee Jesse Crouch.

“I will remind you the ethanol plant will end up in the TIF (tax-increment financing) district and we will not get any revenue from them for 23 years,” Crouch said. “We’re not planning that far ahead, so I think that probably will take care of itself.”

He said the one-time revenue in building permits and zoning fees generated from the estimated 100 to 500 wind turbines ought to be applied towards capital projects rather than ongoing expenses “because when the money stops, then you’ve got problems.”

Crouch said the state is looking at assessing wind turbines based on productivity. A $2 million turbine... more [truncated due to possible copyright]  
One of the three wind energy companies working with Henry County landowners will likely begin the zoning process as soon as April, according to Ann DeSmith, a member of the county board and the county’s plan and development committee.
 
And another meeting with Shaw Group of St. Charles has been set to review the host agreement with the Atkinson landfill, she said.
 
The county and other local taxing districts could receive new revenue from both the wind farms and the landfill agreement. A third new industry, ethanol, will not immediately be a revenue source, according to finance committee Jesse Crouch.
 
“I will remind you the ethanol plant will end up in the TIF (tax-increment financing) district and we will not get any revenue from them for 23 years,” Crouch said. “We’re not planning that far ahead, so I think that probably will take care of itself.”
 
He said the one-time revenue in building permits and zoning fees generated from the estimated 100 to 500 wind turbines ought to be applied towards capital projects rather than ongoing expenses “because when the money stops, then you’ve got problems.”
 
Crouch said the state is looking at assessing wind turbines based on productivity. A $2 million turbine could have real property value of $600,000 and assessed value of $200,000.
 
Crouch said 100 turbines could easily double a township’s EAV, or raise a school district’s EAV by one-third, but spread over the county’s total EAV of approximately $700 million, the increase would only be about three percent.
 
“We need to be careful not to have unreasonable expectations here. It’s not going to be the answer to all our problems,” he said.
 


Source: http://www.starcourier.com/...

MAR 16 2006
http://www.windaction.org/posts/1767-wind-turbine-zoning-may-start-april-10
back to top