Ohio GOP Property Tax Bill Would Provide $3.5 Billion in Relief, but at the Expense of Schools

Ohio schools say job losses for teachers could be "cataclysmic" with new property tax bill

An analysis of a Republican-backed bill that seeks to help struggling homeowners by lowering the amount of property tax they pay shows it could be a devastating hit to Ohio’s public schools.

Ohio GOP property tax bill would provide $3.5 billion in relief, but at the expense of schools

Ohio Republican lawmakers are proposing massive property tax reform, saying their plan could provide billions in direct relief to homeowners. Local governments and schools say it would come at their expense.We've been talking to homeowners like Debra Weygandt for years. She told us how her property values increased by more than 30% in the most recent reappraisals."It's the first time I've ever seen this big jump like this," Debra Weygandt in Akr…

Ohio bill would raise threshold for passing local taxes to 60%

Ohio Republicans have introduced another bill to tackle the state's property tax problem.

New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes

“Clearly, our taxpayers are telling us across Ohio that the current status quo is not working,” said Rep. David Thomas. Continue Reading New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes The post New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes appeared first on Weekly Real Estate News.