No More Tax Abatements to Hurt Public Schools

Submitted by Irishbobcat on Mon, 10/04/2010 - 5:40am.

No More Tax Abatements to Hurt Public Schools

I believe that local boards of education be involved in all discussions and decisions regarding tax abatements. Local Boards should have the authority to enter into negotiations to receive compensation for lost revenues with entities granting abatements and with businesses receiving abatements. Boards should also have veto power, if in their judgement, the abatements adversely impact their district, receive state mandated compensation based on all payroll generated from the abatement, and have standing to institute legal action if a firm has not complied with the terms of the tax abatement.

Dennis S. Spisak

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