P3211.1


ST. LOUIS BOARD OF EDUCATION POLICY
BUSINESS AND NON-INSTRUCTIONAL OPERATIONS
INCOME
Local Tax Revenue
Tax Abatement/Tax Increment Financing

The Board of Education designates the superintendent of schools to evaluate all proposed development plans that are submitted by the St. Louis Community Development Agency under RSMo. Chapter 353, in regard to the abatement of real property taxes and which are submitted by the City of St. Louis under Chapter 99 in regard to those plans that relate to tax increment financing. The division of planning shall conduct an impact analysis of the proposed development submitted under Chapters 353 and 99 and the effect on the St. Louis Public Schools. The division of planning shall prepare a written report for the superintendent.

The director of planning shall, within five working days, forward an evaluation with recommendation(s) to the executive director of planning for his or her approval. Upon approval, the executive director shall transmit the evaluation to the superintendent of schools within three working days.

Based upon the above evaluation and other available information, the superintendent of schools will either accept, reject, or modify the report as it relates to the Chapters 353 and/or 99 development plans.

The superintendent or designee shall communicate his/her positions to the appropriate officials and agencies, which include the Board of Education, the mayor of the City of St. Louis, the director of the St. Louis Community Development Agency, and the Board of Aldermen.

The superintendent or designee shall make a presentation on his or her position at the public hearings for the proposed development.

References

Legal: Sections 353.010 - 353.180, 99.800-99.865 RSMo.

St. Louis City, Mo., Ordinance 49583 as amended by Ordinance 56474, as amended by 58073

Policy adopted: December 16, 1986

Revised: February 9, 1999



 
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