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Board hears proposal to return 90% of solar tax revenue to county taxpayers

Emery County Community Reinvestment Agency · December 17, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A board member proposed using only the 10% affordable-housing set-aside from solar tax increment and returning the remaining 90% to Emery County taxpayers over 20 years; legal review was said to be underway and no motion was taken.

During other business at the Dec. 17 Emery County CRA meeting, a board member proposed a plan to take the statutory 10% affordable-housing set-aside from solar tax increments and return the remaining 90% of those revenues to county taxpayers for 20 years to offset property taxes.

The proposer said legal staff were examining how to implement the plan and presented it as an idea for next year rather than a motion. The member argued that anticipated mineral-lease and other revenues mean the county can maintain budgets while returning the solar increment to taxpayers. No vote or binding action was taken; the idea was left for future development and legal review.

The board discussed process questions about how such a return would work administratively and legally; staff said counsel was reviewing options but had not provided a recommendation at the meeting.

Next steps: the proposer said the group should develop a formal plan and legal analysis for the board to consider in 2025.