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Economic analysis: experts forecast local jobs and roughly $23 million in property taxes over life of project
Summary
An independent economist testified that the Stateline Energy Center would create a modest number of local construction and permanent jobs, and yield roughly $23 million in property-tax revenue to local taxing districts over a conservative modeled life; the largest single recipient would be the local school district.
David Loomis, an economist and principal of Strategic Economic Research LLC, presented an IMPLAN-based economic impact study for the proposed Stateline Energy Center and battery storage facility.
Loomis explained the analysis distinguishes direct (on-site construction and operations), indirect (local supply chain) and induced (household spending) impacts. To be conservative he modeled sourcing assumptions that limited the share of construction labor and services coming from Edgar County itself, while capturing a…
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