$35.1 million in tax revenue for the county, townships and schools.
Over the facility’s anticipated 35-year operational life, it will generate 12.5 times more tax revenue than it’s current use.
Breaking down the $35.1 million to it’s local impact.
$8.9 million in cumulative Lenawee County tax revenue,
$6.1 million in cumulative Deerfield Township tax revenue,
$1.9 million in cumulative Riga Township tax revenue,
$1.2 million in cumulative Blissfield School District tax revenue,
$1.4 million in cumulative Britton Deerfield School District tax revenue,
$10.3 million in cumulative Lenawee Intermediate School District tax revenue, and
$632,295 in cumulative Deerfield Library fund revenues
In the first year of operation, the project would generate approximately $465,373 in new local tax revenue for Deerfield Township. That is equivalent to 89% of the Townships’ Total Governmental Revenue in FY‘19.
Job Creation During Construction and Operation
Construction.
We estimate that the during construction, the total impact (direct and in-direct) on Lenawee County would support approximately 203 job years with $8.2 million in labor income, resulting in $28.1 million in economic output and $268,704 in local tax revenue.
Operation.
We estimate that annually, during the operation of Carroll Road Solar, the total impact (direct and in-direct) on Lenawee County will be approximately 8 jobs with $376,703 in labor income and $1.2 million in economic output.
