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Wolf wants to add $1 3B in basic-ed funding, distribute with fair formula

Gov. Tom Wolf is proposing to add more than $1.3 billion in basic-education funding and wants to use the state’s fair-funding formula to distribute all basic-education funds to school districts. Wolf said Tuesday his proposal would “ensure students in every community have the funding to succeed” and would be funded by a personal income tax increase to 4.49%, up from 3.07%. The administration claims expanding exemptions would allow two-thirds of income taxpayers would pay less or the same. The Republican-controlled Legislature would have to approve Wolf’s education proposal, and opposition is already mounting. Rep. Tarah Toohil, R-116, Butler Twp., noted the Legislature last year “kept our commitment to funding education without raising taxes” in the middle of the COVID-19 pandemic.

Coughlin High property sold for $1 65M

The Wilkes-Barre Area School Board on Monday agreed to sell the Coughlin High School property for $1.65 million. City Mills LLC of Brooklyn, N.Y., is the buyer and plans to renovate the school building in downtown Wilkes-Barre for mixed residential and commercial uses, Solicitor Raymond Wendolowski said during a virtual board meeting. The sale is contingent on getting zoning approval and is not contingent on the company obtaining financing, Wendolowski said. Mendy Ginsberg is the developer affiliated with City Mills LLC, Wendolowski said. Ginsberg successfully converted five floors of the 14-story Citizens Bank building on West Market Street in downtown Wilkes-Barre into higher-end apartments.

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