Ohio Republican lawmakers are looking at changing the amount of sales tax collected through marijuana sales in the state and where the tax money goes.
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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.
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.
Elida mayor Darryl Nichols is clarifying the language of the village's income tax levy ahead of election day. The levy will ask Elida residents to vote on a .35% increase in their income tax from the current .75% to the proposed 1.1%. Mayor Nichols says Eida has not had an income tax increase since 2006 and adds the proposed increase will be used for police protection and street maintenance.
St. Marys City Council approved the language of a renewal income tax levy residents will vote on next year. Currently, St. Marys residents pay an income tax of 1.5%. With this renewal income tax levy, St. Marys voters will decide if they will renew the 1.5% income tax they already pay. It is important to note that this levy will not increase taxes, and it is a renewal levy that happens every 10 years after the original income tax levy passed in 1985. After council, we spoke with the Mayor of St. Marys, Joe Hurlburt Jr., on how the collected tax is used.
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.
Ohio consumers are getting ready to enjoy some shopping without worrying about the sales tax. The state's annual sales tax holiday kicks off tonight at midnight and lasts until 11:59 p.m., Thursday, August 8, 2024. This ten-day period is new for 2024 as previous years have observed the sales tax exclusion on the first Friday, Saturday, and Sunday in August.
The Putnam County treasurer wants to remind property owners that their tax deadline is fast approaching. Taxes are due July 19th, and people can pay them at the treasurer's office in the courthouse between 8:30 a.m. and 4:30 p.m. on Thursday or Friday. Or people can put their payment in a drop box in an alley off Hickory Street.
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.