us-oh/stat
Ohio Rev. Code § 5748.022
Resolution reducing tax rate
A majority of the members of a board of education of a school district levying a tax under section 5748.02 of the Revised Code may adopt a resolution reducing the rate of the tax by a multiple of one-fourth of one per cent.
The resolution shall set forth the current rate of the tax, the reduced rate of tax that results from adoption of the resolution, the purpose or purposes for which the tax is levied, the remaining number of years the tax will be levied or that it is levied for a continuing period of time, and the date on which the reduced tax rate shall take effect, which shall be the ensuing first day of January occurring at least forty-five days after a copy of the resolution is certified to the tax commissioner.
Source: view the official text
In this chapter (12 sections)
- 5748.01 · School district income tax definitions
- 5748.02 · School district income tax proposal and election
- 5748.03 · Ballot form
- 5748.04 · Petition for election repealing tax
- 5748.05 · Issuing anticipation notes
- 5748.06 · Credit against tax for senior citizens
- 5748.08 · Income tax and bond issue submitted as one question on ballot
- 5748.09 · Authority for school district to place property and income…
- 5748.10 · School district income tax after consolidation
- 5748.021 · Replacement tax under RC 5748.02 - submission to electors
- 5748.022 · Resolution reducing tax rate
- 5748.081 · Procedure for levying replacement tax under RC 5748.08