Taxes

The Economy & Business
7:30 am
Fri October 17, 2014

Columbus Area Agency Fails To Make Nationwide Loan Payments

The Franklin County Convention Facilities Authority bought Nationwide Arena in 2012 and gave the Blue Jackets free rent to keep the team from leaving town.
Credit Mike Small / Flickr Creative Commons

The complex deal to use casino-tax money to buy Nationwide Arena has hit a snag: there’s not enough money to make loan payments. Officials expected to pay off the loans with taxes from the new Columbus casino. But casino tax revenues are below projections. The city and county have not made a single loan payment for the arena.

A little history

To keep the Blue Jackets from leaving town, the Franklin County Convention Facilities Authority bought Nationwide Arena and gave the team free rent.

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The Economy & Business
11:17 am
Thu July 3, 2014

Think Tank: New Ohio Tax Cuts Benefit The Wealthy

Credit Chris Potter / Flickr Creative Commons

Ohio’s looking at an $800 million surplus at the end of its fiscal year, and Republican Governor John Kasich has been touting $400 million in tax cuts in the latest mid-term budget, known as the mid-biennium review.

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Statewide News
7:31 am
Tue June 24, 2014

Ohio's Property Tax Burden Shifts From Businesses To Homes

A new study shows Ohio’s property taxes have been shifting from business to residential and agricultural for 35 years, a shift that’s accelerated over the last 20 years.

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Election 2014
8:32 am
Wed May 7, 2014

Miami Valley Voters Pass Income And Property Tax Increases

Credit Lewis Wallace / WYSO

A few income tax increases and levies for operating expenses went before Miami Valley voters in yesterday’s primary election, and preliminary results show voters largely said yes to raising municipal taxes.

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Election 2014
7:41 am
Mon May 5, 2014

Dayton Seeks To Renew Income Tax, For Good This Time

Nan Whaley urged voters to pass Issue 6 in her first State of the City speech earlier this year.
Credit Lewis Wallace / WYSO

Dayton voters will be asked to renew a .5 percent increase to the city’s income tax on Tuesday’s primary ballot.

Dayton’s income tax is currently 2.25 percent, but the permanent rate is 1.75 percent—the last half a percent has always been temporary. Voters have renewed it overwhelmingly four times since it was first passed in 1984.

City officials hope to cut the costs of bringing the tax to a vote in the future by asking voters to pass the increase with no time limit.

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