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State senator briefs council on property taxes, housing grants and 'red‑zone' workforce‑housing program
Summary
State Senator Michelle Reynolds told the Canal Winchester City Council July 7 that the recently passed state budget included a new Residential Economic Development District program intended to fund infrastructure for workforce homeownership near large job centers, while property‑tax relief proposals were vetoed by the governor.
State Senator Michelle Reynolds addressed the council and provided a summary of recent activity at the Ohio Statehouse relevant to housing and local government finances.
Reynolds, chair of the Senate Housing Committee, said the budget process included competing proposals to provide property‑tax relief — the House advanced a 30% restriction on school carryover and the Senate proposed a 50% plan — but the governor vetoed the measures. She cautioned that the underlying property‑tax pressures in high‑growth…
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