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Ohio


Ohio homeowners, farmers pick up an increasing share of the tax tab
Nearly three-quarters of the Ohio  property tax pool now comes from residential, agricultural properties
by WKSU's STATEHOUSE CORRESPONDENT JO INGLES


Reporter
Jo Ingles
 
The Education Tax Policy Institute study says the shift from business to residential hurts levies' chances.
Courtesy of ETPI
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In The Region:

A new study shows Ohio’s tax policy over the last 35 years has shifted the largest share of property taxes overwhelmingly from business and utilities to homeowners.

The study for the Education Tax Policy Institute shows owners of residential and agricultural property paid 46 percent of the state’s pool of property taxes in 1975. In 2011, they accounted for nearly three quarters.  

Damon Asbury is with the Ohio School Boards Association, which co-sponsored the study.

LISTEN: Asbury on business taxes

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“To be fair, we understand there have been other changes that have affected businesses. But by and large those former businesses taxes that supported the local school districts, property taxes and tangible personal property tax have all but went away.”

Asbury says this shift from businesses to homeowners will make it more difficult for school districts to pass levies.

 

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