Ohio Counties Largely Reject Newly Approved Homeowner Property Tax Breaks by Legislature
Ohio counties are largely rejecting a new program offering property tax breaks for homeowners and seniors. The program, authorized by the state legislature, aims to provide county-level property tax relief. However, local governments are concerned about the significant revenue losses it would incur.
Property Tax Relief Program Overview
Under the new provisions, counties can implement their own homestead property tax exemptions and owner-occupancy tax credits. This initiative stems from the 2026-2027 state budget. Counties that choose to participate would face substantial financial implications, particularly affecting local education and services.
Revenue Concerns
- Opting into these property tax breaks could cost Franklin County over $22 million annually.
- Nearly $14 million of that loss would affect local school districts, as stated by the Franklin County Auditor.
- A 2.5% local owner occupancy tax credit could result in approximately $35 million in annual losses.
Franklin County Administrator Kenneth Wilson expressed doubts about the program’s viability, stating there is no framework to address revenue losses for schools and emergency services. Additionally, local leaders raised concerns about the constitutional implications of enacting these exemptions.
Limited Adoption Across Ohio
As of now, only a few counties, including Butler County, have adopted these local tax credits. The County Commissioners Association of Ohio reports that just nine out of 88 counties have implemented local homestead exemptions or owner occupancy credits.
Diverse Opinions on Tax Relief
While some local officials believe the program could provide minor relief, they argue that sustainable solutions must come from the state level. Licking County Commissioner Tim Bubb mentioned the existing homestead exemption and views the piggyback credits as insufficient to solve the broader tax issues.
Delaware County officials also noted that further analysis is necessary before committing to any new tax relief measures. They emphasize the importance of maintaining crucial public services amidst rising property taxes.
Homeowners in Ohio have expressed frustration over increasing property taxes, especially following recent appraisals. As the General Assembly faces pressure to address these concerns, local leaders continue to urge for more comprehensive solutions to alleviate the burden on residents.
