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Board hears overview of pending state property‑tax proposals and potential local effects
Summary
Board treasurer briefed members on multiple bills under consideration at the Ohio Statehouse that could alter the 20‑mill floor and introduce circuit‑breaker credits; board members were urged to monitor post‑election activity.
Board members received an overview of several proposed state bills that could change property‑tax rules and potentially affect Worthington Schools’ revenue after the Nov. 2024 election period.
Why it matters: Worthington is a property‑tax‑dependent district; changes to the so‑called 20‑mill floor or new caps on annual increases could affect local revenue streams. Board members said they will monitor post‑election activity because…
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