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How could turbines impact property taxes?

Turbines will depreciate over time

DAVENPORT — One of the chief promises of the companies looking to build wind turbine projects in Lincoln County is the expected increase in property tax revenue for the county current expense and road budget.

Studies show that assessed valuations from wind turbine projects around Washington indeed increase the budgets of the counties projects are developed in. However, the wind turbines are considered personal property, which can depreciate over time.

And that could lead to tax burdens being shifted to surrounding taxpayers in a taxing district the turbines are constructed in, and on a smaller...

 

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