The state budget signed into law last week by Gov. John Kasich will grant state tax relief for most Ohioans, but also will trigger a one-year tax increase for many small businesses and self-employed individuals. Businesses or self-employed people making up to about $270,000 a year will pay more because of the way the budget […]
Townships, small villages to see increase in state funding
While local governments stand to gain $70 million more in state funding during the next two years, most cities and large villages will see a chunk of that money redirected elsewhere. The overall increase, to $782.8 million in the next two years, comes because local funding is tied to an overall jump in state revenue. […]
Governor signs new state budget, uses 44 line item vetoes
Gov. John Kasich signed a $130.3 billion budget bill Tuesday that will govern Ohio’s spending the next two years, but not before using his line-item veto to eliminate 44 provisions. Among the items Kasich eliminated from the spending document were provisions that would have required the Ohio Lottery Commission to add electronic keno and bingo […]
Final state budget plan calls for higher cigarette tax, large small-business tax cut
Ohio lawmakers’ final compromise budget plan includes a small-business income-tax cut and a increase on cigarettes, a legislative conference committee revealed late Wednesday night. The committee’s budget plan would also impose new restrictions on abortion clinics, allow later bar hours during the Republican National Convention, provide pay raises for local officials, block journalists’ access to […]
With increasing smoking rates, Ohio lawmakers urged to raise cigarette tax higher
State lawmakers are considering raising Ohio’s cigarette tax by 40 cents per pack, but anti-smoking advocates say such a small increase wouldn’t have much of an impact on public health. Shelly Kiser, director of advocacy for the American Lung Association in Ohio and Michigan, said a 40-cent increase would be a win for tobacco companies. […]
Lawmakers set to start work on merging House, Senate budget proposals
After months of debate, state lawmakers are in the home stretch of passing a new two-year state budget plan. But there are still major differences between the House and Senate budgets that need to be resolved, including tax reform, education funding, and abortion clinic restrictions. The Ohio Senate is scheduled to pass its $130 billion […]
Real Estate Tax bills are due soon
Second half 2014 real estate taxes are due by Saturday, June 20, 2015 to avoid penalty, according to Marion County Treasurer Jan Draper. The County Treasurer’s Office will not be open on Saturday, June 20th; however, the banks listed will accept tax payments on this date. The following banks are accepting real estate tax payments […]
Ohio Senate budget calls for increased police training paid for by local government funds
The Ohio Senate’s budget plan calls for a five-fold increase in the number of continuing training hours each law enforcement officer in the state must take, as well as a state database to track officer-involved shootings. But local governments will be the ones on the hook for the $17 million price tag during the next […]
With big differences expected, state lawmakers running out of time to pass new budget
Ohio lawmakers are increasingly under the gun to pass a state budget before state government funding runs out at the end of the month. Few, if any, are worried that a new two-year budget won’t be in place by June 30, when the current budget expires. But legislators are leaving themselves little time to resolve […]
Deadline nears to take advantage of Homestead Exemption Program
Marion County Auditor, Joan Kasotis, is reminding Marion County taxpayers that the deadline for applying for both real estate and manufactured home tax savings through the Homestead Exemption Program is Monday, June 1, 2015. This program provides a tax relief to homeowners who are either 65 years of age and older or permanently disabled. Applicants […]