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Treasurer: nexus pipeline tax-appeal resolved; board approves building project closeout transfer
Fremont City School Board · September 10, 2024
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Summary
The treasurer reported that the district's multi-year nexus-pipeline tax appeal has cleared the court process and that back taxes (with interest governed by Ohio statutes, stated as 8%) are expected. The board approved transferring a remaining project balance into the Permanent Improvement Fund to close the building project.
The district treasurer updated the board that the long-running nexus pipeline tax-appeal has passed through the court process and that the district expects invoices and back-tax payments, including interest calculated under…
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