BATON ROUGE, La. (WAFB) - The East Baton Rouge Parish School Board unanimously approved the Exxon ITEP application, an industrial tax exemption program.
The amount total that it’s qualified for is $240 million, and results in about $23 million they’re seeking as part of the program. It was approved by metro council last week.
EBR Sheriff Sid Gautreaux approved the Exxon ITEP application, an industrial tax exemption program, on February 5th.
The following is a statement from ExxonMobil Baton Rouge:
“The entire team at ExxonMobil is grateful to the East Baton Rouge School Board for the opportunity to share information on this major investment opportunity for our local refinery. The endorsement we received from each member of the school board is a great step in the right direction towards final approval of the project, a project that is critical to ensuring our facility can sustain employment and position Baton Rouge for future growth. ExxonMobil has received support from all corners of the community and we look forward to building on this momentum as we continue through this process. Thank you again to the members of the East Baton Rouge School Board for voting to invest in our city and our workforce.”
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