The financial benefits from the NEXUS pipeline could be substantial for some Columbiana County government bodies, especially the United Local school district.
A fact sheet issued last September by NEXUS estimates United Local could receive $4 million in additional property taxes from the pipeline during the first year of operations, dropping to $3.5 million by the fifth year. All total, the district would receive an estimated $18.9 million over five years.
That is part of the $33 million in additional property taxes generated by the project over its first five years, according to NEXUS. The other beneficiaries would be Franklin, Hanover, Knox and West townships, the county joint vocational school and county commissioners.Read the entire article by clicking here.
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