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Emery County CRA approves 2024 budget despite delayed Castle Solar payment
Summary
The Emery County Community Reinvestment Agency approved its 2024 budget and distributions Dec. 17, 2024, while staff warned an outstanding payment from Castle Solar will reduce the actual funds available and delay some distributions until January.
The Emery County Community Reinvestment Agency approved its 2024 budget and distributions during a Dec. 17 meeting, but staff cautioned board members that an outstanding privilege-tax payment tied to the Castle Solar project will reduce amounts actually available for the CRA.
Sherry Yergan of the Utah Association of Counties (UAC), which administers CRA projects, told the board the total tax increment for the Castle Solar parcel “should be the $390,007.43,” and that some real-property distributions will not be released by the treasurer until December/January. She said distributions…
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