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Council urges state action on property-tax relief; refers residential stability zones proposal to finance committee
Summary
Council voted Sept. 15 to refer a resolution urging the Ohio legislature to adopt tools such as residential stability zones, expanded homestead exemptions and other measures to ease rising property-tax burdens. Council members said local governments have limited options and that state policy choices over the last 15 years have shifted revenue
Lakewood City Council referred a resolution on Sept. 15 urging the state legislature to provide local governments with new tools to address rising property-tax burdens, including authorizing residential stability zones and expanding homestead-exemption and circuit-breaker options.
Councilman Bullock introduced the communication and a substitute resolution that broadened the request to emphasize the state—s primary responsibility for school funding and shared…
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