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School superintendent tells Bourbon County solar projects could sharply lower local mill levies
Summary
An unnamed local superintendent told the commission large-scale solar projects (including a NextEra proposal) could add millions in assessed valuation and reduce county and school district tax rates; commissioners asked technical questions about depreciation, timing and land use tradeoffs.
An unnamed superintendent representing the local school district told the Bourbon County Commission on June 10 that large solar developments could substantially increase the county’s assessed valuation and reduce local property tax rates over time.
The presenter walked through conservative and full-build scenarios based on equipment cost per megawatt and state depreciation rules. Using conservative assumptions (700,000 dollars per megawatt and 500…
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