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The bill creates a new school financing system for K-12 education in the State of Ohio, overhauling the state's school funding system that the Ohio Supreme Court found unconstitutional four times beginning with the original DeRolph decision in 1997. HB 1 was signed into law on July 1, 2021 as a part of the biennial state operating budget.
But since the passage of Ohio House Bill 920 in 1976, school-district tax-levy revenues remain flat for the entire term of a levy. Districts receive no inflationary increases on local levies and ...
—19: Property tax issues on the ballot in Greene, Miami, Montgomery and Warren counties in May 2021. Sources: Ohio Department of Taxation, Ohio Secretary of State's Office, Ohio General Assembly ...
As of May 2022, Springfield Local School District has been operating for 22 years without new sources of financing. Early on in the COVID-19 Pandemic, the Ohio Department of Education cut nearly half a million dollars of funding to the district, and Springfield introduced a $7.7 million levy that would keep the district financially stable. [5]
Historically, Ohio's public schools have been funded with a combination of local property tax revenue and money from the state. [5] This led to disparities in the quality of education in more affluent districts, where high property values led to greater funding, and urban and rural districts, [ 1 ] where low property values left students with ...
The back-to-school season has changed ever since the pandemic struck, and even though much instruction will take place in-person, some districts will still offer virtual or remote learning. But ...
Fairborn is the home of the largest elementary school in Ohio, ... to the city's 2021 economic ... a 2.0% income tax along with a 0.5% "school district tax". [2]
Current tax law does not allow for a direct deduction of K-12 private school tuition from your taxable income. But you may qualify for other deductions.