DIXFIELD — The town will host an informational meeting on tax-increment financing programs Nov. 7, and Town Manager Eugene Skibitsky is hoping taxpayers will attend.
Laura Santini-Smith, director of the Tax Incentives Program with the Maine Department of Economic and Community Development, will present information and answer questions. Mike Rogers of Maine Revenue Services will also attend the meeting.
Skibitsky is concerned that residents might not realize the potential impact a project the size of the proposed wind-energy farm would mean, not just for the town but for each taxpayer.
"We hope to learn what an economic tool a TIF can be," he said.
Patriots Renewable LLC of Quincy, Mass., first approached the town in 2009 about constructing 13 wind turbines on Colonel Holman Mountain. The project would cost $40 million to $66 million and drastically increase the valuation of the town.
When a town's valuation increases at a drastic rate, multiple issues within the town budget can arise, the town manager said.
"The town's revenue-sharing can go down," he said. "The cost of school subsidies can go up, as can county taxes. A TIF can help to shelter the valuation of the town and allow us to use the money for economic development projects."
Skibitsky said he hopes Santini-Smith can help explain the guidelines involved with a TIF program and what projects the money can be used for.
Dan McKay of Dixfield announced at a selectmen meeting Monday that he is writing a wind ordinance for the town to protect the town and its taxpayers.
Voters in 2010 defeated a proposal by McKay and Freemont Tibbets that would have banned wind projects on Colonel Holman and Sugarloaf mountains because it called for zoning.