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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Summer recess is in the rearview. The Ohio General Assembly faces a busy schedule this fall.
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Ohioans paid $16.7 billion in property taxes last year, and those high property taxes are not leading to lots of spending by schools but instead are making up for low state spending on K-12 education.
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An organizer behind a ballot issue to eliminate all property taxes in Ohio said changes that could be coming to state laws will be too late.