ApocaDocs: Southeast Ohio school districts bracing for AEP plant closing, with millions in tax revenue going away

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Posted Mon Oct 14 2013: from Columbus Business First:


	Southeast Ohio school districts bracing for AEP plant closing, with millions in tax revenue going away http://apocadocs.com/s.pl?1381756999 Electric utilities giveth and they taketh away when it comes to providing tax revenue to Ohio school districts.... The Muskingum River plant sits in two school districts, Fort Frye and Wolf Creek, that rely heavily on revenue from the property taxes paid by AEP. School officials tell me their districts stand to lose around 10 percent of their general fund revenue once AEP closes and demolishes the plant. But it looks like Wolf Creek will be hit harder than Fort Frye because of nuances in how Ohio taxes electric utilities

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'Doc Jim says:

Perhaps we should continue killing our children with fossil fuels after all.