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Mount Vernon board adopts resolution opposing IDA tax abatements that reduce school revenue
Summary
The board unanimously adopted a resolution asserting that only the elected school board should control abatements of school tax revenue and instructed the superintendent to transmit the resolution to municipal and state bodies; trustees cited analysis showing $13.85 million in taxes foregone from 20 PILOT projects (2020–2024).
Mount Vernon — The Board of Education voted on Nov. 25 to adopt a resolution declaring that the elected school board should retain exclusive authority over abatements of school tax revenue and urging municipal and state bodies to safeguard the district’s tax base.
Trustee McDonough introduced the resolution and summarized an analysis of 20 projects with payment-in-lieu-of-tax (PILOT) agreements. "Had those 20 projects paid their full school…
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