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Wednesday, October 21, 2015

Section on tax breaks for wind projects expected to be nixed from JCIDA proposal

The Jefferson County Industrial Development Agency.  WATERTOWN — It appears wind projects will be scrapped from a controversial section on renewable energy in a draft version of a Uniform Tax Exemption Policy being developed by

Taxing jurisdictions, as a result, would continue to vote on tax breaks for wind projects considered by the agency. Continue reading via this link to the Watertown Daily Times

1 comment:

Anonymous said...

Policy should be linked to jobs, regardless of the type of development, just as Gray proposes and past policy suggests. How about a formula that relates number of new jobs to reduction in real tax liability? How about some follow up, too? if jobs aren't created as agreed, then a fall back to FULL taxation. I don't like Alexander's notion that "large capital investments" all by themselves are a benefit to the community - if jobs aren't created then how to local communities benefit??