tax abatement
County officials pushing for more tax abatement reporting
State lawmakers are considering legislation that would collect statewide information about property tax exemptions, and add that data to the list of tax breaks reviewed by state officials every other year. The information itself already exists — county auditors deliver it to the Ohio Department of Taxation regularly. But backers believe the move could shine […]
Study: Cleveland housing market still fragile, tax incentives concentrated to certain areas
The housing market collapse of 2008 still impacts Cleveland’s residential areas, and the onset of a pandemic has presented its own set of problems, according to a recent analysis. A study of the benefits of tax abatement in the city showed a still-fragile housing market and declining home prices, with the risk of displacement still […]