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Marlington officials: Ohio tax changes will cut district revenue starting 2027; forecast shows near‑term strain
Summary
Board members were told at a Feb. 5 work session that recent Ohio property‑tax reforms will produce a $561,000 state look‑back credit to taxpayers and reduce the district’s future revenue beginning in tax year 2027. Staff said the district is not in a financial emergency but faces multi‑year deficits without further adjustments.
Marlington Local School District officials were told Thursday that recent Ohio property‑tax reforms will reduce the district’s future revenues and require continued budget adjustments.
"They're gonna get a credit on their current tax bill of $561,000," said Ryan Gazzini, the finance presenter, describing a state‑paid look‑back credit the presenter said results from recent legislation. Gazzini told the board the state will pay that look‑back amount on behalf of the district this year, but that the district will stop receiving the related revenue beginning in tax year 2027.
The fact that the state will pay one year’s look‑back credit does not erase the longer‑term impact, Gazzini said: "So what that means is you do have this is a loss of funding to the school district." He and staff framed the change as a structural reduction in the district’s projected growth compared with the October forecast.
Why it matters: the presentation said…
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