Thursday, March 20, 2008

Deals May Save District As Much As $1 Million

Mt. Lebanon School Board approved agreements which could net the district up to $1 million in revenues.

The agreements still have to be approved by the other taxing bodies and signed by Asbury Heights and the Covenant at South Hills, said school district attorney Tom Peterson.

The agreement with Asbury, United Methodist Services for the Aging, is a payment in lieu of taxes of $375,000 a year. Asbury is a non-profit and technically does not owe property taxes, but the organization agreed to reimburse Mt. Lebanon for some of its services. Asbury is one if not the largest non-profit operating in the municipality.

Link: www.thealmanac.net/ALM/Story/03-19-ML-school-meeting

Link 2: www.post-gazette.com/pg/08087/868182-55.stm (added Thursday, March 27)

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