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At a special called session, the Montgomery County Commissioners set a higher property tax rate and made $9.2 in budget cuts.
Ohio: County: Montgomery: Area • Total. 34.4 sq mi (89.1 km 2) • Land: ... Property taxes are used to fund police and fire departments. Transportation
Montgomery County is in the southwestern part of the U.S. state of Ohio. At the 2020 census , the population was 537,309, [ 2 ] making it the fifth-most populous county in Ohio. The county seat is Dayton . [ 3 ]
Oakwood is a city in Montgomery County, Ohio, United States. The population was 9,572 at the 2020 census. A suburb of Dayton, Oakwood is part of the Dayton metropolitan area. It was incorporated in 1908. John Henry Patterson, industrialist and founder of the National Cash Register Corporation, is considered the "Father of Oakwood." [5]
Under this example, a homeowner with income of $50,000 whose property tax was $3,000 would get the full $1,500 credit and end up paying a net $1,500 in property tax.
A primer to Ohio's property taxes. For premium support please call: 800-290-4726 more ways to reach us
The benefits to the township are that it does not lose prime development land, it can still collect property taxes as well as a portion of the income tax collected, and it normally receives water from the municipality, which it may not otherwise have. In 1993, the Ohio General Assembly passed legislation enabling local communities to create JEDDs.
Rep. Beth Lear, R-Galena, and Rep. Scott Wiggam, R-Wooster sponsored a constitutional amendment to limit property tax increases to 4% annually.
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