Ohio Property Tax Reform Group Weighs School Funding, How to Make Cuts

Ohio property tax reform group weighs school funding, how to make cuts

(iStock / Getty Images Plus)At its most recent meeting, the Ohio Property Tax Reform Working Group focused on the school funding formula lawmakers use to divvy up state dollars. Funding for local schools typically is the biggest share of a homeowner’s property tax bill. State dollars help level out funding among affluent and less affluent districts. “So generally, districts with greater capacity locally to raise revenue are expected to do so, an…

Ohio property tax reform group weighs school funding, how to make cuts – BG Independent News

BY NICK EVANS Ohio Capital Journal At its most recent meeting, the Ohio Property Tax Reform Working Group focused on the school funding formula lawmakers use to divvy up state dollars. Funding for local schools typically is the biggest share of a homeowner’s property tax bill. State dollars help level out funding among affluent and less affluent districts. “So generally, districts with greater capacity locally to raise revenue are expected to do