"Kim Knott, superintendent of Clarksville Community Schools, showed the Clarksville Town Council two problems that could affect the bottom lines of both entities after the council’s meeting earlier this week.
A lower assessed value for the school corporation and the town — directly related to the closure of the Colgate-Palmolive Co. plant — and taxpayers who receive tax bills of $0 could cause both entities to lose revenue."
http://newsandtribune.com/business/x290304564/Paying-their-fair-share