05/08/2026
I know I harp on this A LOT, but the State of Ohio continues to report tax revenues well above projected estimates. Currently, the surplus is $1.2B of your money with over two months left in our fiscal year.
These are YOUR tax dollars generated by income tax, sales tax, CAT tax, etc. Again, this is your money, generated from your commerce and business activity in Ohio.
Many folks say my Senate Bill 356 (that doubles the Homestead Exemption on property tax for seniors and those who are disabled) is not big enough. I agree!!!
Because $1.2B could quadruple that exemption for homeowners on fixed incomes.
At a minimum, we could move towards reducing property taxes to $0 for seniors who own their homes.
Bottom line, we need to return this tax revenue to taxpayers instead of just finding something new to spend it on.
(And NO, spending it on a football stadium is not something I support and pushed to remove it from the operating budget multiple times.)