Ohio HB186 amends school district property taxes and the school funding formula.
Ohio HB186 revises the school district property tax reduction and school funding formula. It authorizes reductions in school district property taxes for certain qualifying nonbusiness and business property. It also adjusts the school funding formula to include various components such as state core foundation funding, special education funds, and career-technical education funds. The bill specifies how these reductions and funding components are calculated and distributed among school districts.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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