Taxes

Taxes
6:52 pm
Wed December 3, 2014

Tax Bill Upsets Miami Valley City And Town Leaders

The city of Springfield submitted pictures of its potholes along with testimony to the Senate Ways and Means Committee opposing HB 5. The bill could take $650,000 out of the city budget.
Credit City of Springfield

  A tax reform bill passed in the Ohio statehouse Wednesday has lots of city and town leaders riled up. The bill, HB 5, set out to reform local income taxes by adding some uniform regulations, including changing the system for companies that work in multiple municipalities. Right now, municipal income taxes are a patchwork, with different policies in over 600 municipalities around the state.

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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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