Taxes

Ohio Bill Would Require Notice For Overpaid Taxes

Mar 27, 2014

Ohio bill would require notice for overpaid taxes

Businesses and taxpayers would be notified when they overpay their taxes under a bill passed by the Ohio House.

The measure was passed Wednesday and now goes to the Senate.

It would allow Ohio's tax commissioner to give automatic refunds or provide credit toward future taxes if a taxpayer has overpaid - similar to when consumers overpay on their utility bills.

Sherrod Brown
WCPN

President Obama released his budget proposal for fiscal year 2015 Tuesday, and among the many reforms, cuts and expansions, he’s calling for an expansion of the Earned Income Tax Credit (EITC), a program benefiting low-income Americans.

ridge ave bridge construction
Lewis Wallace / WYSO

Following a groundbreaking on Friday, the Ridge Avenue Bridge over the Stillwater River in Dayton is set to close Tuesday, February 18, 2014 until September, 2015 for a complete rebuilding.

The current bridge, which connects Riverside Drive on the west side to Triangle and Deweese Parks on the east, was built in 1927 and still carries nearly 5,000 vehicles a day to and from residential neighborhoods and the nearby Boonshoft Museum. A contract was granted to Brumbaugh Construction of Arcanum on February 11.

Openclipart

Most ballot issues and candidates have been confirmed for the May 6 primary election, and as usual, there are a lot of tax and levy questions coming up, although many are renewals, which means they won’t affect current tax rates.

Here’s the list of new or additional levy and tax issues WYSO will be covering running up to May 6, 2014, based on county board of elections' preliminary information:

Montgomery County:

Brookville Local School District (LSD) will be seeking a 5.25-mill additional levy for operating expenses.

Lewis Wallace / WYSO

UPDATE: Yellow Springs Village Council meeting has been rescheduled due to safety concerns with the freezing weather. A new council meeting is set for Jan. 13 at 7 pm. 

Community members will be meeting Thursday, Jan. 9 at the YS Senior Center at 7 pm to discuss concerns with the project.

Kib / Openclipart

Miami Valley voters will decide on a slew of tax levies for schools Tuesday. Across the Miami Valley, opponents of levies, especially new or additional ones, are saying they can’t take on extra property taxes. On the flip side, many school districts say they’ll have to cut programs, limit busing, or lay off staff to make slimmed-down budgets work. Read about some of the issues here.

MyTudut / Flickr

A new tax hurts a lot more than a tax you’re already paying—at least, that’s what Ohio voters seem to think.

In many parts of Ohio, the November 5, 2013 is all about levies to fund school districts, and passing new levies in “off” election years is an uphill battle.

WYSO/Lewis Wallace

Six Montgomery County school districts have new tax levies on the ballot this November, some for the third, fourth or fifth time. But many homeowners oppose any new taxes, citing losses in property values and the overall post-recession fiscal squeeze among reasons to vote against new levies.

Flickr/neighborhoods.org

 As we move towards election day Nov. 5, the Beavercreek City School District is among those pleading with voters for new levy funding. The district has had four recent levies defeated at the ballot box, and is now returning with a fifth, reduced levy of 6.3 mills. The emergency levy would cost property owners about $18 a month per $100,000 of appraised property value.

Republican lawmakers in the Ohio legislature are sponsoring a bill that they say would simplify municipal tax structures throughout the state. Representative Cheryl Grossman says this bill is necessary because local taxes are too complicated.

Pages