D-2, with strong reserves, OKs $1.5M tax abatement
RICHMOND – Nippersink District 2 will collect $1.5 million less this year, the school board decided in a 5-2 vote Wednesday evening.
The tax abatement means that the owner of a home worth $200,000 will save an estimated $269 on the next tax bill, according to board documents.
District staff recommended an abatement of $1.5 million because that is about how much the surplus is expected to increase by this fiscal year, Superintendent Dan Oest.
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