Property Taxes

A Franklin County Auditor's Office report authored by two independent economists found the use of the tax incentives may be losing their effectiveness while limiting revenue from schools and other taxing agencies.

Republican sponsors said the four property tax bills add up to $2 billion in tax relief, but opponents said they were rushed and lawmakers could do more for Ohio homeowners.

A Republican-backed bill would raise the voter approval threshold for property tax levies for Ohio schools and local services from a simple majority to 60%.

There’s a possibility Ohio voters could be asked to abolish property taxes next year, which would leave safety forces that rely on that revenue without funding.

Ohio voters greenlit almost two-thirds of the local property tax levies on ballots across the state Tuesday, according to the Ohio School Boards Association.

Every candidate running for Columbus City Council and Columbus City Schools Board of Education has called for reform or more oversight over tax abatements. About 1.2% of Columbus properties have tax breaks, totaling over $129 million.

For homeowners worried about skyrocketing property tax bills, a radical solution is gaining traction, but experts warn that abolishing these taxes could cause Ohio's income tax to increase drastically.

The Republican who heads the Ohio Senate’s Education committee has a plan that he says will solve the over-reliance on local property taxes to pay for education.

The Ohio House overwhelmingly passed two property tax related bills that backers say will provide more than $2 billion in tax relief over the next three years.

The Ohio House voted overwhelmingly to approve two property tax related bills similar to provisions Gov. Mike DeWine vetoed in the state budget in June.