Iroquois School District Wants Tax Reassessment of Wabtec Property
The superintendent of the Iroquois School District confirmed it is seeking a tax reassessment of the 430-acre former GE Transportation property based on Wabtec's purchase price for the plant.
Wabtec property extends into the City of Erie as well as Harborcreek where the locomotive test track is located. Taxing bodies in both municipalities would benefit if the reassessment fight succeeds.
The school district, which has suffered from a shrinking tax base, wants the assessed value of Wabtec increased from about $24 million to $162 million.
UE 506 president Scott Slawson, who said after their contract fight to keep jobs, is surprised by the action.
"Obviously, the school districts want their fair share," said Slawson. "I get that piece of it. I think it's a premature fight. I think we should have taken a little bit of time to sit back and see what was going to happen, but you know, the cat's out of the bag, so it's something we're going to have to deal with."
Iroquois superintendent Shane Murray told Erie News Now he has not received official confirmation, but an assessment hearing is likely set for Oct. 7.