Politicians Pushing Changes in School Funding |
Monday, May 21, 2007 9:05:58 AM - Middletown Ohio |
Governor Ted Strickland and State Representative Courtney Combs are both pushing for seperate legislature that would change the way in which the elderly and disabled are taxed. Strickland is pushing for an expansion to the homestead exemption, which offers relief on a sliding scale to citizens 65 or older or persons who are totally and permanently disabled who have an income of $27,000 or less annually. His expansion would abandon the income stipulation and expand the relief to any person receiving the exemption on the first $27,000 of their home's value. Combs has proposed an amendment would shift the burden of funding school districts away from local taxpayers to the state and would also exempt senior citizens and people with disabilities from taxation on the first $40,000 of their home's market value.
School funding could change at MiddletownJournal.com |
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