In its first year of operation, the NEXUS Gas Transmission Pipeline is expected to generate an estimated property tax revenue of $11,676,093, according to The Gazette.

In Ohio, the NEXUS is expected to generate around $83.7 million in tax revenue for its counties, school districts, municipalities and townships in its first year. The estimations come from a report by Public Finance Resources Inc., a firm that provides financial forecasting for government entities.

If the pipeline were to be completed and operational sometime this year, the property would go onto the tax duplicate for taxable year 2019, with the first actual tax revenue being paid by Spectra Energy early in 2020.

Learn more: The Gazette > NEXUS pipeline to generate millions in tax revenue