Farmland Valuation Change Opposed By School Groups
Farmers want the state to change the way their land is valued after their property taxes skyrocketed over the past few years. But that issue is pitting farmers against school districts.
The formula used to value farmland is raising property taxes by as much as 300 to 400%.
The state could change one variable in the formula to lower those taxes, but school groups are against the idea. Barbara Shaner is with the Ohio Association of School Business Officials.
“That means the residential taxpayers in that community are going to have to pay more because of the levies that have been passed and the amount of money that needs to be raised.”
A change was proposed last year but never got a vote. Now farming advocates are hoping it will be added to the state budget bill.