Twp. association to fight tax exemption bill
The Ohio Township Association is alerting its membership to a bill the association fears could become a drain on township property tax revenues.
House Bill 407 was introduced Jan. 5 in the state legislature and would exempt the value of single-family residential property owned by a developer or builder until they transfer possession or title.
“The OTA has opposed this bill in the past,” the alert to the association’s members says, adding the association also opposed SB 109, which was introduced in an earlier session of the legislature and “would have done the same thing as HB 407.’
The bill amends the Ohio Revised Code and defines a qualified residential property as a “tract, lot, or parcel of land upon which one or more one-family dwellings, as classified in the county auditor’s real property record are intended to be built, are being built, or have been built, consistent with applicable zoning regulations, including wholly or partly constructed dwellings and appurtenant improvements to the land.”
The bill says the increase in the assessed value of qualified residential property is “exempted from taxation commencing with the first tax year following the tax year in which a developer acquires possession of or title to the property from another person, including another developer, and ending with the tax year in which the developer transfers possession of or title to another developer or person through sale, lease, or land installment contract.”
Melanie Bowen, who chairs the board of Lake Township trustees, said the issue will likely be discussed at the OTA’s annual conference in Columbus next month, which she plans to attend.
State Representative Pat Beck, (R – 67th district), is the primary sponsor of the bill.
The Woodmore school board recognized Ralph Myers for his years of service. The high school principal is retiring this month.
Steve Huss was elected president of the school board during its organizational meeting and Chad Bringman was elected vice-president.
The board will hold its regular meetings the third Tuesday of each month at 6:30 p.m. in the Woodmore Elementary School music room.
B-C-S board to meet
There will be a regular board meeting of the Benton-Carroll-Salem Board of Education Jan. 24 at 6 p.m., in the board office, 11685 W. St. Rt. 163, Oak Harbor.