The Closure of Indian Point and its Impact on the Hendrick Hudson School District

  • On January 9, 2017, the Hendrick Hudson School District learned that Entergy, owner of the Indian Point nuclear facility, located within the district’s boundaries, was planning to shut down by 2021.

    This closure will directly affect our district’s financial future. Indian Point has been a reliable business partner for decades, and Entergy’s payments in lieu of taxes (PILOT) have been a source of stabilized revenue – revenue that was slated to continue until 2025. These PILOT payments comprise approximately 30% of the district’s entire revenue and help keep residents’ property taxes among the lowest in Westchester County.

    In 2025, the final year of the currently negotiated PILOT, the district would have received just shy of $27 million. Due to the shutdown, we will now receive just $1.3 million. If the district attempts to tax its way out of the shortfall, property taxes for residents will likely increase, on average, 13% every year for the next four years.

    We have wasted no time addressing the impending revenue shortfall and determining how we will continue to provide a world-class education to students. There are a lot of moving parts to this situation, and we have created this page to serve as a repository for communication regarding the closure as we move through this process together.  Here, you will find press releases, videos and podcasts, as well as general information about how nuclear facility closures affect their local communities.

    There is a clear need for up-to-date, accurate information about the Indian Point closure – both the impact on our schools and community and the many ways in which the district is responding.  In addition to regular updates on this page, we will continue to post pertinent information in our website's news feed and on our social media platforms.  We hope you will check back frequently to stay informed and involved!

The Indian Point Situation Explained

Superintendent's Update 11-21-17

Superintendent's Update 01-11-17

About the District and the Closure's Impact

Infographic

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