OHIO CANCELLED THE PROPERTY TAX ROLLBACK IN 2013. EXISTING LEVIES TO GET FUNDING BREAK, BUT NEW ONES WILL NOT!

If local governments and schools go to the ballot after November 2013 asking voters to support new or replacement levies, they will have to tell them that the price tags attached will be higher.

The taxpayer will pay the entire tab for any new taxes approved.

Under the rollback program, the state pays the first 10 percent of the tax bill for all property owners plus 2.5 percent for owner-occupied homes.
The state will continue to pay the tab on existing levies and their renewals but will no longer subsidize new levies.

The May 5th levy on the ballot for the Southwest Licking Local School District is a RENEWAL levy.

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