Columbus
Dispatch
GOP
tax plan unpopular in schools
By Jim Siegel
Saturday June 22, 2013
Public-school
advocates asked lawmakers
yesterday to keep in place the state’s decades-long practice of picking
up 12.5
percent of the cost of new levies.
As
part of a new GOP tax package that includes
significant income-tax cuts, a quarter-percent bump in the state
sales-tax rate
and a smaller commercial-activities-tax exemption for businesses, the
state no
longer would pay a portion of new levies.
Associations
representing superintendents,
treasurers and school boards said they don’t like the proposal, arguing
that it
will make it more difficult to pass levies because they will cost
taxpayers
more. They also wanted to be sure the change would not take place until
2014,
so as not to impact November levies, and were given assurance that is
the
intent.
The
elimination of the12.5 percent property-tax
rollback would cost a homeowner $4.38 per mill for every $100,000 in
taxable
property value. A person with a $200,000 home would pay $44 a year more
than he
would pay under current law for a new 5-mill levy.
Covering
a portion of local property taxes has
been a steadily growing state expense that is expected to top $2.3
billion over
the next two years just for schools…
Read
the rest of the article at the Columbus
Dispatch
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