Author: Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 10
Book Description
Guide to Ohio's School District Income Tax
Author: Growth and Variability of School District Income Tax Revenues
Author: Joshua C. HallPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
School districts in Ohio have the option of diversifying their revenue base by adopting income taxes. Using a panel of Ohio school districts that adopted a local income tax from 1990 to 2008, we find that revenues are procyclical and fluctuate only mildly. The estimated short- and long-run income elasticity of school district income tax revenues is 1.05 and 1.04, respectively. We also find that the school district tax base fully adjusts to its long-run equilibrium within 2)years. Finally, we show that school district income tax adoption does not provide more stability to total school district tax revenues in the short or the long run.
School District Income Tax
Author: Ohio. Department of TaxationPublisher:
ISBN:
Category : School districts
Languages : en
Pages : 20
Book Description
Timeline for Receiving School District Income Tax Payments
Author: Oregon Blue Book
Author: Oregon. Office of the Secretary of StatePublisher:
ISBN:
Category : Oregon
Languages : en
Pages : 232
Book Description
Personal Income Tax
Author: Allocation Method for Additional School District Income Taxes where the Additional Levy Has a Purpose Different from the Original Levy
Author: School District Local Operating Revenue
Author: Brian HoffmeisterPublisher:
ISBN:
Category : Education
Languages : en
Pages : 0
Book Description
The primary local funding source for schools is locally voted property taxes, which account for approximately 94% of local operating revenue, excluding the portion of property taxes paid by the state (property tax rollbacks and homestead exemption). The other 6% comes from school district income taxes. In tax year (TY) 2022, school districts levied a total of $13.27 billion in property tax, mostly for operating expenses. In the same year, joint vocational school districts levied an additional $529.0 million in property tax. Of the total taxes charged, the state paid $1.17 billion through property tax rollbacks and reimbursements for the homestead exemption. School district income taxes totaled $684.0 million in FY 2023.
The School District Income Tax as an Alternative Method of School Funding
Author: Yvonne HouckSchool District Income Tax
Author: Ohio. Department of TaxationPublisher:
ISBN:
Category : School districts
Languages : en
Pages : 12
Book Description