Huber Heights http://wyso.org en Huber Heights To Seek Income Tax Increase http://wyso.org/post/huber-heights-seek-income-tax-increase <p></p><p><span style="background-color: transparent; font-family: Arial; font-size: 19px; line-height: 1.15; white-space: pre-wrap;">Huber Heights has announced plans to seek an income tax increase on the November 2014 ballot; the city is predicting budget shortfalls of $2.3 million per year.</span></p><p>“We’ve been using reserves for the past five or six years to provide the services we have out there today, and we’ve come to a crossroads,” says Scott Falkowski, Huber Heights Assistant City Manager.</p> Tue, 11 Mar 2014 22:33:23 +0000 Lewis Wallace 46933 at http://wyso.org Huber Heights To Seek Income Tax Increase Hedge Fund-Backed Rental Company Wins Back $184,000 From Huber Heights City Budget http://wyso.org/post/hedge-fund-backed-rental-company-wins-back-184000-huber-heights-city-budget <p>Last month <a href="http://wyso.org/post/hedge-fund-buying-huber-heights-wyso-s-lewis-wallace-talks-bloomberg-reporters" target="_blank">WYSO reported</a> that an Illinois-based hedge fund had purchased about one in eleven homes in the town of Huber Heights. The company <a href="http://www.bloomberg.com/news/2013-10-21/magnetar-goes-long-ohio-town-while-shorting-its-tax-base.html" target="_blank">made national news</a> by asking Montgomery County to reduce its property taxes by over a million dollars. Now the results are in—and they weren’t as hard on the local budget as expected.</p> Mon, 09 Dec 2013 11:00:00 +0000 Lewis Wallace 43043 at http://wyso.org Hedge Fund-Backed Rental Company Wins Back $184,000 From Huber Heights City Budget A Hedge Fund Buying Up Huber Heights? WYSO’s Lewis Wallace Talks to Bloomberg Reporters http://wyso.org/post/hedge-fund-buying-huber-heights-wyso-s-lewis-wallace-talks-bloomberg-reporters <p dir="ltr" style="line-height:1.15;margin-top:0pt;margin-bottom:0pt;"><span id="docs-internal-guid-11bc3c23-e7ce-4875-e09e-3fe418fd9511"><span style="font-size: 16px; font-family: Arial; background-color: transparent; vertical-align: baseline; white-space: pre-wrap;"><a href="http://www.bloomberg.com/news/2013-10-21/magnetar-goes-long-ohio-town-while-shorting-its-tax-base.html" target="_blank">A story in Bloomberg</a></span><span style="font-size: 16px; font-family: Arial; background-color: transparent; vertical-align: baseline; white-space: pre-wrap;"> earlier this week found that hedge fun Thu, 24 Oct 2013 10:37:41 +0000 Lewis Wallace 41057 at http://wyso.org A Hedge Fund Buying Up Huber Heights? WYSO’s Lewis Wallace Talks to Bloomberg Reporters Two Local School Districts Facing State Fiscal Oversight http://wyso.org/post/two-local-school-districts-facing-state-fiscal-oversight <p>The Ohio Department of Education notified the Fairborn City School District yesterday that it will be placed in "a state of fiscal caution" next week and the Huber Heights City School District is also facing a similar designation.&nbsp; It would mean that the districts would borrow money from the state for operations which would need to be repaid.</p> Tue, 08 Jan 2013 12:04:00 +0000 Dayton Daily News 27347 at http://wyso.org