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Monday, August 19, 2013

School District Feeling Positive Economic Impacts of Pipelines

When Springboro Schools Superintendent Todd Petrey visits one of the construction sites of the 1,200-mile Enterprise pipeline in rural Warren County, he doesn’t see a large pipe in a long ditch. 
He sees money: about $7 million a year for his district. 
“Financially, it will be great for the kids in Springboro to bring in a new source of revenue,” says Petrey. “And for the taxpayers in Springboro, it will truly assist in delaying any new future tax levies, which will take the burden off taxpayers.” 
The extra $7 million projected for Springboro schools – combined with other budget cuts – means it can offer a rarity to local residents: 
In November, voters will decide on a tax renewal issue that, if approved, would lower their annual school taxes by $52 for a $100,000 home.
Read the entire article here.  View video after the jump.

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