The possibility that Ohio voters could approve a constitutional amendment to abolish property taxes in November has township officials looking for ways to replace potentially lost revenue.
The possibility that Ohio voters could approve a constitutional amendment to abolish property taxes in November has township officials looking for ways to replace potentially lost revenue. Townships cannot levy income or sales taxes, Claridon Township Trustee Jonathan Tiber said during the April 6 meeting. He has discussed the possibility of forming a joint economic development district, or JEDD, with Chardon’s city manager. “Is it possible? We don’t know,” he said, noting that about 75% of the township’s $1.3 million budget comes from property taxes. If property taxes were abolished, only about $318,000 would remain to cover the cost of...
