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School board instructs district representative to oppose Village Tax Increment District 10
Summary
Germantown School District Board of Education voted 6–0 (one member absent) to instruct its representative to vote no on the Village of GermantownTax Increment District (TID) No. 10 proposal, citing uncertainty about student yield and potential long-term revenue shifts; the board said it may revisit the position if new data arrive.
The Germantown School District Board of Education voted 6to 0 on March 17 to instruct the districtrepresentative on the Village of Germantown Joint Review Board to vote no on a proposed Tax Increment District (TID) No. 10, pending additional data.
Board members said the TID is unusual because it would include residential development, and they raised concerns that the district would receive little or no local tax revenue from new housing while potentially absorbing the cost of additional students. Board member Barney made the motion to instruct the representative to vote no; the motion included language allowing the board to reconsider if new information warranted a…
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