A local school leader says the threat of another source of revenue for his district wasn't told to him personally, rather, he learned about it in the news.
Superintendent Robert Bagby says the alleged overpayment of Corporate Personal Property Replacement Taxes, or CPPRT, was not something he learned about from his local leadership, but rather through the news cycle.
Bagby indicates that totals over $68-thousand for Lincoln High School. He also explains a cut in CPPRT funds would mean there would have to be an increase in general state aid. He's skeptical of the proposal.
Bagby says while it is up in the air, he is under the impression the State will want the money back in one lump-sum, which is a lot to ask of any taxing body.