SM Post Dark Store Theory Could Hurt JoCo Schools

We are watching this carefully. You should, too.

“If the state were to move broadly to a commercial property valuation system based in hypothetical lease theory or dark store theory, Eilert said, Johnson County and the school districts here would see tens of millions of dollars in revenue disappear.

“Applying the reduction in value accepted by the board of tax appeals in the Target case to big box stores across Johnson County, the total loss in revenue to school districts here would approach $70 million in local and state funds.”

https://shawneemissionpost.com/2018/02/28/joco-leaders-sound-alarm-dark-store-theory-saying-suck-millions-schools-county-agencies-70009

Originally posted to Facebook on 2/28/2018.

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