Glenwood power plant closure could increase taxes

From left: North Shore Trustee George Pombar, Assistant

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From left: North Shore Trustee George Pombar, Assistant Superintendent for Business for North Shore Schools Olivia Buatsi, North Shore Trustee Anna Sharkey, North Shore Trustee Amy Beyer, Superintendent of North Shore Schools Ed Melnick, North Shore Trustee Toni Labbate, North Shore School District President Carolyn Mazzu Genovesi, and Legislative Action Committee members Jennifer Mone, Michael Nightingale, Tim Madden, Tom Murphy, and Lawrence Ruisi, stand outside of LIPA's Glenwood Power Plant. The plant provides $14 million to the North Shore School District annually, however with the shuttering of the plant, the burden will be shifted to homeowners. (July 03, 2012) (Credit: Newsday/Danielle Finkelstein)

The shuttering of a North Shore power plant that LIPA has decried as old and inefficient will mean the shift of millions of dollars in taxes from the utility to residents, said local and state officials who have fought for months to soften the blow.

"We're just asking for something reasonable: a glide path instead of a cliff," Carolyn Mazzu Genovesi, school board president for the North...

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