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Hamilton County administrator proposes 1-mill transfer tax; residents and real-estate industry push back
Summary
County Administrator Jeff Aludo recommended a 1-mill increase in the real-estate transfer tax to raise about $4.7 million for the 2026 general fund and affordable-housing investments; dozens of Realtors, brokers and small landlords said the levy would worsen affordability, reduce transactions and drive business to neighboring counties.
County Administrator Jeff Aludo recommended a 1-mill increase in Hamilton County's real-estate transfer tax as part of the administrator's recommended 2026 general fund budget, telling the Board of County Commissioners the levy would generate about $4.7 million annually and help close a roughly $60 million gap between departmental requests and projected revenues.
Aludo said the recommended general fund for 2026 is $402,400,000, a $12.7 million (3.3%) increase from 2025, and attributed pressures to inflation, wages, and expiring pandemic-relief funds. He told commissioners a portion of transfer-tax revenue would be directed toward a consistent funding stream for affordable housing as part of board policy direction.
The recommendation drew immediate and sustained public opposition during the county's evening budget hearing. Kelly Meyer, former president of the Realtor Alliance of Greater Cincinnati and chair of the…
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