City board reviews tax breaks
YOUNGSTOWN — The city’s Tax Incentive Review Council recommended Youngstown council renew the six existing tax abatements, but because Penguin City Brewing Co. missed a June 2025 deadline to complete an expansion project, its abatement never took effect. The TIRC met Tuesday for its annual meeting and agreed to recommend city council continue six existing tax abatements. Those abatements have saved the businesses $445,394.56 in property taxes while they’ve paid $154,982.50 in property taxes as of 2025. Penguin City was approved in February 2025 for a 75%, 10-year tax abatement ...