Navajo plant closure to cost Arizona county $40M in taxes
February 18, 2021 GMT
FLAGSTAFF, Ariz. (AP) The closure of a coal-fired power plant in far northern Arizona led to the loss of $40 million in property tax revenue for Coconino County, county officials said.
The Navajo Generating Station in Page, near the Arizona-Utah border, shut down in 2019. A trio of towering concrete stacks was demolished in December.
County finance director Siri Mullaney delivered the revenue projection to the Board of Supervisors this week as the county works on its fiscal year 2022 budget, the Arizona Daily Sun reported.
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Board Vice Chairwoman Lena Fowler said organizations that are funded by property taxes also be impacted by the plant’s closure.
Navajo plant closure to cost Arizona county $40M in taxes
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Navajo plant closure to cost Arizona county $40M in taxes
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