Quote:
Originally Posted by Rusty
The Groton payment in lieu of tax agreement states that once the turbines are licensed and operating, each of the 24 turbines will net the town $22,000 a year. The PILOT base fee also increases annually by 2.5 percent.
$22,000 x 24 = $528,000/yr to the little town of Groton.
Spin Baby Spin!!  |
The bottom line is.
Move to Groton. Where property taxes are real cheap.