Cincinnati Public Schools Board of Education Outlines Tax Policy Considerations
June 25, 2019
June 25, 2019
CINCINNATI, Ohio, June 25 -- Cincinnati Public Schools issued the following news:
The Cincinnati Public Schools Board of Education unanimously approved a resolution directing district leaders to negotiate a tax abatement agreement with the City of Cincinnati.
The resolution prioritizes the following considerations:
* The District should be "made whole" for forgone real estate taxes;
* In lieu of the annual fixed-sum $5 million payment . . .
The Cincinnati Public Schools Board of Education unanimously approved a resolution directing district leaders to negotiate a tax abatement agreement with the City of Cincinnati.
The resolution prioritizes the following considerations:
* The District should be "made whole" for forgone real estate taxes;
* In lieu of the annual fixed-sum $5 million payment . . .