The State of Ohio is making some changes to the Homestead Exemption Tax that will benefit many Ohioans. The Allen County auditor released that new income thresholds have been established for seniors 65 years of age or older, disabled veterans, and spouses of first responders killed in the line of duty. The amounts adjust with inflation annually, and properties have a new market value because of the new triennial.
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An Ohio fanatical experts give tips about making a resolution to better manage your money in 2025.
After a community forum held on October 29th, the Elida School Board of Education voted on whether they will move forward with a renewal tax levy. On Tuesday evening, the Elida School Board unanimously voted to move forward with the renewal levy for $2.7 million. Tuesday night's decision comes after the unofficial 5-year forecast presented at the community forum showing expenses outpacing revenues by an increasingly growing margin. Following Tuesday night's board meeting, we spoke with Elida Local Schools Superintendent, Joel Mengerink, about the next steps and the impact of Tuesday night's decision.
On Tuesday night, Lima City Council began their 3-day budget hearings for fiscal year 2025. The budget currently highlights $25.8 million for safety services, which represents 51% of total expenses for 2025. $2.9 million are planning to go toward housing development and rehabilitation with economic development costing around $2.7 million dollars. The city plans to spend $500,000 dollars for traffic safety improvements and around $360,000 for youth development. After Tuesday night's first hearing, we learned more about the city's current revenue status for 2024 and goals for 2025.
The West Ohio Community Action Partnership continues to help income-eligible Ohioans through its Home Weatherization Assistance Program and Percentage of Income Payment Plan (PIPP).
For over 50 years, the Lima Dana plant provided good-paying jobs to this region, and current and former employees are dealing with the announcement of its closure in 2025. President of the UAW 1765 retirees, Gary Frueh, says the Lima plant was highly regarded in the Dana Corporation, and it was the star plant in the division during the 80s and 90s. The plant also received the prestigious "Malcolm Baldrige Award" in 2000 for manufacturing.
It can be the difference between going to college or not; financial aid is a big part of getting your post-secondary education. Toledo Tomorrow, a non-profit organization that assists individuals in completing the FAFSA form, was at the Lima Public Library. The Free Application for Federal Student Aid is the key to the eligibility for grants and other funding from the college you want to attend. Education specialists say they can't express enough the importance of completing the application.
If you are an Allen County property owner and haven't paid your taxes, you have until tomorrow, July 12, 2024, to get it done without penalty. The second half of real estate and mobile home taxes are due Friday. While many find paying taxes annoying they are needed to keep our society moving. Levies are funded by these tax dollars for much-needed services. Services that have been passed by registered voters.
July 9, 2024, Press Release from the United States Attorney’s Office Northern District of Ohio: TOLEDO – Jacques J. Eid, 56, of Perrysburg, Oh…
The West Ohio Community Action Partnership has information on some of the assistance programs being offered.