Dive Summary:

• The Top of the World wind farm in Wyoming has been valued at $296.9 million, which is far less than its original valuation of $414.7 million; this discrepancy means the project will pay $820,000 less in taxes to the county.
• The issue started when Duke Energy, who owns the farm, challenged the state's initial valuation, saying the figure had been "overestimated" and should instead be based on the potential income associated with the project.
• The settlement will force cuts to local institutions such as libraries, hospitals, and school budgets, even though the county proper says it can manage its own share of the revenue hit.

From the article:

After a round of negotiations between the Wyoming Department of Revenue and Duke Energy, owner of the Top of the World wind farm north of Glenrock, the state has agreed to value the property at $296.9 million, far less than its original valuation of $414.7 million.

The new agreement, among other things, means the project will pay $820,000 less in taxes to districts in Converse County. The county’s treasurer, Joel Schell, said that the county proper can bounce back from its share of the loss — about $125,000 — but other tax districts will have a harder time. ...