Excerpt from LEG 9/7/03
http://www.lancastereaglegazette.com/news/stories/20030907/localnews/211272.html
Don't expect Ohio's public schools to lessen their requests for additional property taxes.
The latest twists in the scenario are changes in Ohio's tax code that will allow businesses and utility companies to pay less in school taxes.
This leads to school and other government officials predicting that local property taxes will rise -- if voters let them.
Residential taxpayers in Pickerington Local School District pay more per household than in any other district in Fairfield County, followed by Walnut Township and then Canal Winchester schools.
The tax rate was computed based on the owner of a $100,000 home who also has $30,000 of taxable income. Five of nine area districts have an income tax for operating expenses.
Based on this rate, Pickerington residents pay $1,543 in property and income taxes in 2004. Walnut Township residents will pay $1,288 and Canal Winchester residents $1,264.
Using the same rate, Lancaster City residents will pay $749, Berne Union residents $759 and Amanda-Clearcreek $809.
One reason Lancaster City has been able to maintain a lower residential property tax rate despite having the county's second largest enrollment is its business tax base, said Ed Laramee, chief deputy with the Fairfield County Auditor's Office.
Only 70 percent of tax revenue comes from Lancaster's residential homeowners, while 30 percent comes from business taxes. These business tax amounts are computed at actual millage -- not effective mills like real estate is.
This leads to residents in school districts with smaller business tax bases typically paying more in property taxes. Pickerington is closest to Lancaster, with 84 percent coming from residential taxes and 16 percent from businesses.
By don?’t change keep up the houses
http://www.lancastereaglegazette.com/news/stories/20030907/localnews/211272.html
Don't expect Ohio's public schools to lessen their requests for additional property taxes.
The latest twists in the scenario are changes in Ohio's tax code that will allow businesses and utility companies to pay less in school taxes.
This leads to school and other government officials predicting that local property taxes will rise -- if voters let them.
Residential taxpayers in Pickerington Local School District pay more per household than in any other district in Fairfield County, followed by Walnut Township and then Canal Winchester schools.
The tax rate was computed based on the owner of a $100,000 home who also has $30,000 of taxable income. Five of nine area districts have an income tax for operating expenses.
Based on this rate, Pickerington residents pay $1,543 in property and income taxes in 2004. Walnut Township residents will pay $1,288 and Canal Winchester residents $1,264.
Using the same rate, Lancaster City residents will pay $749, Berne Union residents $759 and Amanda-Clearcreek $809.
One reason Lancaster City has been able to maintain a lower residential property tax rate despite having the county's second largest enrollment is its business tax base, said Ed Laramee, chief deputy with the Fairfield County Auditor's Office.
Only 70 percent of tax revenue comes from Lancaster's residential homeowners, while 30 percent comes from business taxes. These business tax amounts are computed at actual millage -- not effective mills like real estate is.
This leads to residents in school districts with smaller business tax bases typically paying more in property taxes. Pickerington is closest to Lancaster, with 84 percent coming from residential taxes and 16 percent from businesses.
By don?’t change keep up the houses
