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Wind energy pays off in big way for Ohio schools and taxpayers

OHIO — The Walnut Ridge Wind Farm was commissioned in January 2019, which increases the total taxable value of both the Ohio grade school and Ohio high school districts by between 18 percent and 20 percent.

As a result, Ohio grade school board will seek to capture 11.37% more in local property tax revenue, but can levy taxes at a rate less than or equal to this year’s rate.

Ohio high school board will seek 14.44% more than last year’s actual levy, while keeping tax rates the same or lowering them.

Both districts need to host truth-in-taxation hearings (the grade school board Nov. 19, high school, Nov. 18) because they’ll receive increases of more than 5 percent in local tax revenue.

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