Property Tax Reform, Veto Overrides, and School Funding with Senator Andrew Brenner
Property Taxes.
A huge local issue that broke statewide.
The state doesn't levy property taxes, but skyrocketing valuations turned what was often a boring issue, into a demand for change, including a petition drive to ban property taxes.
It's serious kitchen table talk for people living on fixed incomes like retirees.
For those looking to own their first home, property taxes are often a frustrating barrier to entry.
The Ohio General Assembly passed signficant reforms to property tax law, including banning emergency and replacement levies. Those levies fall outside of the anti-inflationary guardrails the law originally intended. Instead those levies generate additional revenue as valuations increase, which has driven property tax bills skyward.
The General Assembly also empowered county budget commissions to act as a watchdog on what levies generate. The idea is to get back to the fixed sum that a levy used to raise.
The process was simple. Ask the voters for an increase in millage which would raise an exact amount of additional money. That is basically what the legislature passed with its reforms, but the governor suprisingly cancelled them with multiple line item vetoes.
The House overrode one veto, and more are expected this fall. The Senate stands ready to act.
This week Senator Andrew Brenner who chairs the Senate's Education Committee joins the President's Podcast. He discusses property taxes, veto overrides, school funding, and accountability.
It's a conversation you don't want to miss.