|
Property Taxes, State Capital Budget, Data Centers at the Center of ACAA meeting
At the ACAA’s recent bi-monthly meeting, members discussed several key issues shaping Ohio’s business climate, including property taxes, the State Capital Budget, and the growing impact of data centers.
Property Taxes
Keary McCarthy, Executive Director of the Ohio Mayors Alliance, presented on behalf of the Ohioans to Protect Public Services Coalition, outlining the potentially devastating impacts of eliminating property taxes on public services and local communities.
As the ACAA discussed its own position, members explored how the state might respond to lost revenue, such as potential increases to income and sales taxes, and the broader implications for businesses and the talent pipeline. While no formal position was taken during this meeting, the ACAA is committed to educating members on what property tax elimination could mean for our communities.
State Senator Casey Weinstein also provided updates on how legislators are responding to these proposals, along with the latest updates with the State Capital Budget process and the ongoing conversations around data centers in Ohio.
Data Centers
Data centers have become a hot topic for government, business, and nonprofit stakeholders. While there is broad agreement on their impact on Ohio’s economic future, there is a debate on how state and local governments should facilitate their development.
The Joint Data Center Committee recently launched and is holding hearings to “have the debate” and gather perspectives as the legislature considers policy action. Around the same time, Governor DeWine paused the Data Center Tax Exemption, emphasizing the importance of allowing the Joint Data Center Committee process to unfold.
Regional leaders are actively discussing this situation. If you are interested in participating alongside key stakeholders and state legislators, please reach out to John Rizzo.
State Capital Budget
The State Legislature is planning to introduce and pass a capital bill in June, with an estimated $150M - $200M allocated for Community Projects.
Many of our community partners have projects relying on this process, and applicants are encouraged to stay in close contact with their legislators and reach out if they have any questions.
If these topics or conversations are of interest and you would like to explore joining the ACAA – which will provide the opportunity to regularly engage in these dialogues – please contact Daisha Okolo to schedule an initial meeting.
|