Van Wert County Reduces Property Taxes via Inside Millage Cut
1 report, 1 independent
Updated Wed 00:00
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What happened
The Van Wert County Commissioners approved a second inside millage reduction. This cut lowered the inside millage rate from 1.8 to 1.3 mills. The Commissioners stated this reduction should result in collective property tax savings of close to $600,000. They also reimplemented the homestead exemption for another year to benefit lower-income residents.
From thevwindependent.com
Why it matters
The reduction in inside millage lowers the property tax burden for residents in Van Wert County. The Commissioners noted the cuts are intended to pass tax savings back to residents and assist those with fixed incomes.
From thevwindependent.com
Who's involved
- Van Wert CountyCounty government that approved the inside millage reduction
- Van WertCity located within the county subject to the tax change
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The entities involved
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Van Wert County
county in Ohio, United States
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Ohio
state of the United States of America