Tax‑incentive review finds local abatements in compliance; Park Place Technologies plans abatement application

Board members reported on a recent meeting with the county tax‑incentive review committee and said the remaining local tax‑incentive agreements for Mayfield Village and Highland Heights are in compliance. A board member said Park Place Technologies is applying for a tax abatement and that the district would be made whole under the usual practice. Nut graf: Tax‑incentive review committee reports determine whether local abatements comply with the terms of incentive agreements and whether school districts continue to receive expected payments from municipal partners; the board summarized the committee’s findings during a committee report. During the committee report, a board member said he and Mr. Snyder met by Zoom with the county to review tax‑incentive review committee reports covering Mayfield Village and Highland Heights and summarized the outcome: “all of the tax incentives that are out there that are remaining, they were all in compliance.” The board member added, “Mayfield, the school district is still receiving the monies from the village and city that we’re supposed to.” Another board member reported that Park Place Technologies is applying for a tax abatement and that the district would “make whole as we have typically with all the other abatements.” The board did not provide dollar amounts or the abatement terms during the meeting. No formal board action was recorded in the meeting minutes for this item beyond the committee report: the discussion was informational and there was no vote on approval or denial of an abatement during this session. Ending: Board members moved on to the superintendent consent agenda after committee reports.