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The Ohio Department of Taxation is the administrative department of the Ohio state government [1] responsible for collection and administration of most state taxes, several local taxes and the oversight of real property taxation.
As a result, a super-majority of school districts across the state, including 13 of 17 in Stark County, benefit from additional increases in revenue as a result of having their property tax ...
The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year. [53] Exemptions can be quite substantial.
A primer to Ohio's property taxes. For premium support please call: 800-290-4726 more ways to reach us
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.
Although most tax-financed schools are funded through property taxes, districts may also impose income taxes, which are up to 1.75% of earned income. In 1914, the Ohio General Assembly created county boards of education to provide support services to local school districts. [30]
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