Ohio lawmakers have promised to refund billions in property taxes from school districts. But will tax bills really shrink?

Ohio lawmakers, worried that school districts are sitting on too much extra cash, added a provision to their latest budget that forces school districts to return some of that money to property owners. The provision caps how much extra money school districts can “carry over” to the next year at an amount equal to 40% of their annual operating budget.

 

Read the article here

Back to top button