by Nicole Piscitani • Feb. 22, 2025
For the past three years, home valuations have been historically high, resulting in homeowners paying higher property taxes. The Ohio General Assembly is set to address this issue through multiple property tax bills. It is likely that at least one property tax bill will pass during the next six months.
The homestead exemption is a reduction program that the legislature can use to address property taxes for certain individuals. Ohio’s constitution allows the legislature to give a property tax credit to homeowners 65 years of age or…