Ohio State University’s newest president plans to lay out his vision for the university at a formal installation ceremony, scheduled to begin at 1:30 p.m.
Franklin County Commissioners to vote on tax hike
Franklin County Commissioners today are expected to vote on a proposed tax increase. Commissioners are looking for ways to close a $55-million gap in the county budget.
Earlier this month, sales tax rates fell across the state by a half-penny on the dollar courtesy of state lawmakers. So, Franklin County’s sales tax dropped to 6 and a quarter percent.
Now, commissioners are considering a local sales tax increase, back to the previous 6.75%.
If approved, the higher rate would mean 80 dollars in additional sales taxes on a $16,000 car.
Prior to today’s expected vote, commissioners will conduct a final public hearing on both the proposed sales tax increase and a proposal to boost real estate transaction fees.
If commissioners approve a sales tax increase it could take effect as early as October 1st.