Westinghouse wins tax break, but will pay schools portion

From the Chattanooga Times Free Press: Westinghouse Electric Co. on Tuesday won an 11-year property tax break related to its planned expansion slated to add 52 jobs in Chattanooga. But, in what’s believed to be a first for a payment in lieu of tax agreement in Hamilton County, Westinghouse will continue to pay the schools portion of its tax bill, an official said. “That’s something we’ve struggled with here,” said Dan Mayfield, chairman of the county’s Industrial Development Board, which approved the tax break. “It’s great you’re using this project to set a precedent."

Chattanooga Times Free Press