This Tax Break Costs Philly Public Schools Millions episode artwork

EPISODE · Feb 28, 2024 · 13 MIN

This Tax Break Costs Philly Public Schools Millions

from City Cast Philly · host City Cast

A state-run program called Keystone Opportunity Zones gives tax breaks to some businesses planning to develop blighted or abandoned properties in the city. But public schools in Philly are partially funded by these taxes, and miss out on millions of dollars in revenue each year as a result. Host Trenae Nuri speaks with Emily Rizzo, freelance reporter at Chalkbeat Philadelphia about the pros and cons of this program, and whether it’s hurting students. Read Emily’s full story here. Want some more Philly news? Then make sure to sign up for our morning newsletter Hey Philly. We’re also on Twitter and Instagram! Follow us @citycastphilly. Have a question or just want to share some thoughts with the team? Leave us a voicemail or send us a text at 215-259-8170. Interested in advertising with City Cast? Find more info here. Learn more about your ad choices. Visit megaphone.fm/adchoices.

A state-run program called Keystone Opportunity Zones gives tax breaks to some businesses planning to develop blighted or abandoned properties in the city. But public schools in Philly are partially funded by these taxes, and miss out on millions of dollars in revenue each year as a result. Host Trenae Nuri speaks with Emily Rizzo, freelance reporter at Chalkbeat Philadelphia about the pros and cons of this program, and whether it’s hurting students. Read Emily’s full story here. Want some more Philly news? Then make sure to sign up for our morning newsletter Hey Philly. We’re also on Twitter and Instagram! Follow us @citycastphilly. Have a question or just want to share some thoughts with the team? Leave us a voicemail or send us a text at 215-259-8170. Interested in advertising with City Cast? Find more info here. Learn more about your ad choices. Visit megaphone.fm/adchoices.

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This Tax Break Costs Philly Public Schools Millions

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This episode is 13 minutes long.

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This episode was published on February 28, 2024.

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A state-run program called Keystone Opportunity Zones gives tax breaks to some businesses planning to develop blighted or abandoned properties in the city. But public schools in Philly are partially funded by these taxes, and miss out on millions of...

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