Yellow Springs Expects a Tax Loss of $140,000 with Antioch Closing

Summary


YELLOW SPRINGS -- Village and school officials expect about $140,000 of income tax revenue to disappear when Antioch College closes next year.

The village government will see the biggest loss. Village Administrator Eric Swansen said he expects to lose $100,000 in income tax collections when the college closes its doors next spring and 160 jobs and 300 students leave town.

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Extract


Yellow Springs Expects a Tax Loss of $140,000 with Antioch Closing

Yellow Springs raises about $1.25 million each year f...

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