In Ohio, which governing body has the authority to place a property tax levy on the ballot for voter approval?
Correct Answer
B) The taxing authority's legislative body, such as a school board or township trustees
Under ORC §5705, the authority to place a property tax levy on the ballot rests with the legislative body of the taxing district — such as school boards, township trustees, city councils, or county commissioners. These bodies pass a resolution to place the levy before voters.
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Previous Question
A city in Ohio wants to incentivize development of a blighted downtown area. The city establishes a Tax Increment Financing (TIF) district. Under Ohio's TIF rules, which statement is MOST accurate?
Next Question
A newly built home in Greene County, Ohio receives a property tax abatement under a Community Reinvestment Area (CRA) designation. The abatement covers 75% of the improvement value for 10 years. During the abatement period, which portion of the property is still fully taxable?