Don Ward, president of the North Boone Board of Education, said “expenses are rising faster than revenue is coming in” for the school district, leading to nearly $4 million in budget cuts over the past five years.
Vince Green, a development project manager for Mainstream, projected the county would gain more than $45 million over 20 years from the wind farm — an average gain of $2.26 million per year.
That projection does not include benefits the county could see from the creation of temporary construction jobs and permanent technical and maintenance jobs, Green said.
The school district’s budget could increase by more than $375,000 per year on average.
Steven Baule, North Boone School District superintendent, wrote in a letter addressed to Boone County Board members Ken Freeman, Pat Mattison and Cathy Ward on Nov. 30, 2012, that the North Boone School District “would realize approximately $7.5 million in additional operating funds and at least $6 million in taxpayer relief in bond payments through 2039” from the proposed wind farm.
Read more: http://www.rrstar.com/article/20140604/News/140609777#ixzz34CRqAMPI
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