Investor Presentaiton
Community Economic Benefits
Recipient
Roberts County
Annual Tax Revenue¹
(approximate)
$105,800
Ortley Township
$23.700
Summit Township
$21,600
Total Tax Revenue
(approximate)
$3,174,000
$711.000
$648,000
Grant County
$92.500
$2,775,000
Blooming Valley Township
$19,900
$597,000
Farmington Township
$17,700
$531,000
Mazeppa Township
$2,600
$78,000
Summit School District
$279,000
$8,370,000
South Dakota
$562.800
$16,884,000
After the fifth year of receiving the total annual tax revenue as well as South Dakota State-aid funds for the school
districts, the amount of the wind energy tax revenue that is considered local effort funding would increase by 20
percent each year until year 10, after which all wind energy tax revenue would be considered local effort funding in
the South Dakota School Funding Formula, which may decrease the State-aid funds the school districts receive.
However, as shown in the table, 100 percent of the wind tax revenue allocated to the school districts would still be
received by the school districts.
17
APEX
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