The University of Dayton says its new center in China will allow students and staff to collaborate with businesses on research and developing new products and technologies.
The University of Dayton China Institute opened recently in a fast-growing corporate region about 75 miles from Shanghai. Former Ohio Gov. Bob Taft and University of Dayton president Daniel Curran attended the grand opening at the Suzhou Industrial Park.
Legislative analysts say Ohio could replace all the property tax money that's going to school districts through a hike in the state sales tax.
But to raise the more than $9.9 billion that's needed, policymakers would need to more than double the sales tax rate - from 5.5 cents on the dollar to 13.2 cents. That's in part because the higher the tax goes the less consumers like to spend.
The Ohio Legislative Service Commission provided the estimate Wednesday to an Ohio House subcommittee that's studying school funding ideas.