Ohio House Passes Bill Focused on Providing Property Tax Relief

The Ohio House of Representatives passed a bill this week focused on providing property tax relief to Ohioans.

If enacted, the Ohio Homeowners Relief Act would modify the procedures used by the tax commissioner to conduct property tax sales assessment ratio studies. Specifically, the bill would require the commissioner to work alongside local elected officials and weigh the past three years of a county’s property values in order to determine property taxes instead of just one.

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Ohio Bill Would Raise Homestead Property Tax Exemption

Ohio senior citizens could save more on their property taxes and that savings could grow if inflation increases under a bill proposed in the Ohio House.

House Bill 207 would raise the state’s homestead exemption by more than $6,000 for elderly or disabled homeowners, tie the exemption to any increase in inflation and increase the income threshold for the exemption, all moves necessary to keep seniors in their homes, according to Rep. Daniel Troy, D-Willowick.

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Ohio Bill Aims for Transparency on Property Tax Levies

  In November 2018, the Sylvania School District placed a property tax levy on the ballot. Information shared in the media and other advertisements said the 0.9 mill levy would cost the owner of a $100,000 home about $2.63 per month. But the ballot language read: “An additional tax for…

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Metro Nashville Faces Reality of Heavy Borrowing in $34 Million Revenue Shortfall

John Cooper

Surprise! Nashville is growing skyscrapers and other developments at an ever-increasing rate yet faces a $34 million revenue shortfall. Councilman-at-large John Cooper, who is on Metro’s Budget and Finance Committee says Nashville’s revenue continues to grow faster than most cities, to the tune of a couple billion dollars, NewsChannel 5…

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Cha-Ching! Metro Nashville Council Members Want to Hike Property Tax Rate by 16 Percent

Nashville property owners may be carrying lighter wallets soon as some members of the council want to raise property tax rates by 50 cents. Councilman Bob Mendes has proposed the tax hike as a way to pay for government employee cost-of-living raises and for schools and make up a budget shortfall,…

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