After compelling testimony and intervention by leaders from Northern & Central Louisiana Interfaith, the Shreveport City Council reduced Calumet's tax exemption request by 49%. The original request was for $858,444.30 and the amount approved totaled $437,769.70.
This means that the City of Shreveport will have $420 thousand more than they otherwise would have, had Industrial Tax Exemption Program (ITEP) reforms not been implemented.
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