Hovey Concedes Tax Cuts May Not Be Permanent
Finance Director Harold A. Hovey told the House Ways and Means Committee that the property tax roll back in the proposed Gilligan administration budget may depend on the will of the people. He said district voters could still raise millage assessments, and noted hopes that education subsidies could shift reliance toward income taxes. Tax Commissioner Robert J. Kosydar acknowledged federal tax inequities have been accepted by the state.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
Harold A. Hovey
Gilligan
Hovey
House
Ways and Means
Robert J. Kosydar
Harry Lehman
C-56
Shaker Heights
Kosydar
Gilligan and Schools Budget Changes Stir Teacher Opposition
The Associated Press reports Governor Gilligan's education aid plan loses support from teachers as district by district equity faces scrutiny. Senator Maloney notes 61 districts could lose funds totaling about $18 million, risking property tax hikes to compensate. He calls for a phased approach to equalization over multiple years.
MENTIONED IN THIS ARTICLE
John J. Gilligan
Oho Education Association
Gilligan
Malony
Princeton
Levies and Bond Issues Hit Eight-Year Low in Ohio
Ohio faces 61 new school tax levies and 51 bond issues on the May 4 primary ballot as voters previously rejected 63 percent of 244 property tax proposals last November. About 129 districts skipping May ballots after last year’s losses. only three of ten levy requests in special elections this year have passed. 73 existing levies are up for renewal.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Ohio Education Association
Wem
OBA
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Gilligan and Schools
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Associated Press
Michael J. Maloney
Cincinnati
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Maloney
Generali — Assembly
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