Youngstown city school board opted not to vote on tax abatement for historic building
Tuesday night, Youngstown City School Board members opted not to vote on a financial incentive that would involve renovating the historic Mahoning National Bank building at a 100 percent tax abatement, for 15 years.
"I don't think it is in the best interest of the board to vote on this tonight," Jeremy Batchelor, Superintendent said. "This is something that is asking the board to give up a hundred percent of it's tax collection from this entity and so the board, we've already reached out to the city and asked for a meeting to discuss moving forward," he said.
It comes after Youngstown council voted Wednesday to approve the incentive, saying it would greatly benefit the city.
""It helps us with the city's goals of increasing our housing stock in the city," First Ward Councilman Julius Oliver said. "We lost a lot of housing stock in the tragedy that came with Realty tower," he said.
However, the board doesn't yet know enough about the agreement to make a decision in one direction or the other.
"The meeting is extremely important for us to meet to learn more," Dr. Michael Rock, YCSD treasurer said. "At this point, we don't have, I would not recommend any vote on this right now because you don't have enough information," he said.
Batchelor said since the abatement is 100 percent, nothing can move forward without the board's approval.
It's not yet clear when the board will bring the agreement back to the table to vote on it.
There was also an extended debate on whether or not to change the meeting's start time to 5:30 in order to allow city employees a chance to get off work in enough time to make the meetings. However, the board ultimately chose to keep the time at 5.
Superintendent Jeremy Batchelor touched on the curriculum and academic distress the district is in.
"I do believe in the last 3 years we've done the work from an academic standpoint and also from a government standpoint. There were pieces within House Bill 70 and academic distress that were not just about academics," Batchelor said. We believe the governance, this board the way they work together and all those things played into it, how they worked with our community partners the city of Youngstown, Youngstown State University and everything we do in this district whether people want to give us credit for it or not has changed in the last three, four years and so I will stand on that and we're going to have a very spirited conversation with the Ohio Department of Education tomorrow," he said.
