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Marlington board approves two Community Reinvestment Area exemptions for local employers
Summary
The Marlington Local School District Board of Education voted to approve CRA (Community Reinvestment Area) tax-exemption requests from MPI and Robertson Heating Supply. Board members and city officials discussed projected jobs, construction costs and estimated annual foregone school revenue before voting unanimously to approve both requests.
The Marlington Local School District Board of Education on Thursday approved Community Reinvestment Area (CRA) tax-exemption requests for MPI and Robertson Heating Supply, allowing property-tax breaks tied to new construction or additions at those businesses.
Board members said the exemptions are intended to support local economic development and job growth while acknowledging an estimated, limited impact on the district’s annual property-tax revenue. According to materials presented to the board, MPI’s planned addition has a construction cost reported at about $1 million and was described as adding about 10 full-time and two part-time positions; the district was told the MPI exemption would cost the district roughly…
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