VIENNA — While the Trumbull County commissioners voted to go a different way with tax relief in the county, the township school district’s treasurer said the loss from one of the paths was already accounted for.
During the public comments portion of Tuesday’s meeting, the Mathews Board of Education heard from Tim Licata, who noted the Trumbull County commissioners were considering a vote to double the homestead exemption and put a moratorium on reappraising property values.
The commissioners instead unanimously voted to reduce the amount of taxes that county property owners will have to pay by 2.5%, which they acknowledged would likely not be popular with school leaders and other elected officials.
“I didn’t know what’s the school’s thoughts — so you’re going to lose $72,000 for the homestead, and they’re not going to reappraise to the school’s increased cost,” Licata said. “And the same or less revenue is going to, kind of obviously drastically increase what we’re already deficit spending.”
Licata asked what additional balance would need to be added, or how the district could pursue different revenue sources.
“Or is there something the community could do — I know the commissioners mentioned they’re going to send a letter to the state,” said Licata, referring to a proposed letter requesting state legislators to place the moratorium.
Licata said there was concern that the district’s gap was going to grow, noting Mathews was going to have $500,000 in 2027 and any possible changes could add $150,000 to it.
Treasurer Bradley Panak said it appeared neighboring counties were initially going to double the exemption on homestead and owner-occupied tax relief programs because they saw how much the homestead relief would affect districts.
In the scenario commissioners pursued that route, residents would have gotten a tax credit and the district would not have received a refund for lost income.
“We’re not getting refunded for that lost $70,000 that comes; that was forecasted for,” Panak said. “It’s actually update year for Trumbull County, so it’s not a full six-year reappraisal — but all those counties that have been going through those updates since 2023, they’re still seeing 15%, 20%, valuation increases.”
Panak said a moratorium on property value appraisals would hurt, but Mathews is one of the three districts in the county over the 20-mill floor.
“I think as the year’s coming to an end, I think we’re going to be slightly better off — still in the red, I believe, but slightly better off than what I forecasted in February,” Panak said.
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