News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Levin Furniture

Akron General


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Education


Ohio property tax burden shifts from business to residential
New study says cuts in taxes on inventory and equipment have made the biggest difference in the last 35 years.
by WKSU's M.L. SCHULTZE


Web Editor
M.L. Schultze
 
The Perry nuclear power plan transformed the school district that had been among the poorest in the state and made it one of the richest -- until the state made tax changes.
Download (WKSU Only)
In The Region:

A new study shows Ohio’s property taxes have been shifting from business to residential and agriculture over the last 35 years. And, as WKSU’s M.L. Schultze reports, it’s a shift that’s accelerated over the last 20 years. 

LISTEN: Property tax shift in Ohio

Other options:
Windows Media / MP3 Download (1:12)


Ohio State University’s Howard Fleeter did the study for the Education Tax Policy Institute. And he says one conclusion for homeowners is clear. 

“If they feel like their tax bill has been going up, it’s not an illusion. It has been.” 

His study shows that’s both in terms of total dollars and in the share of property taxes paid by homeowners compared to businesses. Homeowners and farmers were paying about 48 percent of the property taxes in 1975. That was up to more than 70 percent in 2011. 

Teeter says the biggest part of that shift came from cutting taxes companies and utilities paid on inventory and equipment. It was a move seen as good for business. 

“But the consequences for schools and other local governments are that for districts that had a power plant or a large factory or an outlet mall, they could be severely affected by that. And then the impetus is, if your tax base has shrunk because we’re no longer taxing a big taxpayer, then the burden is then shifted on the remaining taxpayers.” 

Teeter noted that the state made up to the districts some of the loss of the taxes on inventory and equipment, but ratcheted way back on that in 2012 and 2013. 

Listener Comments:

My property taxes went up 50% this year. I guess this was after CAUV re evaluation. Of course after my income has gone down.


Posted by: Keith (Fairfield County) on June 26, 2014 6:06AM
Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

School children in Bath produce a seed-to-table garlic feast
Super article. What a great idea to educate in sustainable farming! Garlic is so healthy as well. My Grandson Sam Mathews is in grade 4, and he looks like he ...

There's no off-season for the Cleveland International Film Festival
I would like to see "The Murders of Brandywine Theater" filmed by local Larry Longstreth shown at the Cleveland International Film Festival!

Study shows raising the cigarette tax a dollar could raise $342 million
So, it takes an expert to tell us raising the tobacco tax raises the revenue for the state? Doh. By the way, any one who was going to quit smoking probably alre...

Akron's Highland Square celebrates community spirit and public art
Both Donna and her husband, Joseph are both such amazing art talents! The photos look stunning! I must get down to Angel Falls for an in-person look. I just l...

Pluto: Another off-season, another Browns quarterback conundrum
The Browns do need a draftable QB for the future. Johnny Manziel needs to go and that leaves Brian Hoyer and Connor Shaw. Free agency doesn't really have any so...

Exploradio: Improving the lives of paralyzed people
God bless you doctor. I hope to be alive the day that humans, like me, can use the results of your search...

Nature and nourishment down by the river at the Metroparks' Merwin's Wharf
I love QUICKBITES! I look forward to it every week. One question: is it possible to include a link to the restaurant or store that you profile? Thanks!

Canton's proposed Timken-McKinley school merger is drawing spirited debate
From a sports opinion Varsity would have a lot more talent to choose from So Im sure varsity sports would improve.Also Timkens name would be much more published...

Canton school board will decide whether to merge high schools
I really hope we can save those jobs, usually we try to cut budgets but the demand is still the same. Then we look bad a year or two after the descion is made. ...

FirstEnergy wants PUCO guarantees on nuclear and coal prices
Would just comment that the plant has admitted the following (as reporting in the Akron Beacon Journal): "The utility has said it may have difficulty keeping t...

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University