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Little Miami board adopts tax budget; treasurer warns property-tax reform will cut revenue
Summary
The Little Miami Local board approved its tax budget for fiscal 2027 after a presentation from the treasurer showing multi-year projections and warning that recent Ohio property-tax reforms will flatten property-tax revenue and leave the district millions short over five years.
The Little Miami Local School District board approved the district’s tax budget for fiscal year 2027 after a staff presentation that incorporated recent state property-tax changes and updated the district’s five-year forecast.
Treasurer (speaker 1) told the board the tax budget covers an 18-month period beginning July 1, 2027, and includes estimated revenues, levy schedules, and expenditure projections. He said the budget already incorporates several recently passed House bills on property-tax reform and warned the changes will materially reduce the district’s revenue.
"We're over 9,000,000 in the hole with property tax reform. So we just lost another $8,000,000," the treasurer said…
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